• About Us
  • Contact Us
askRPA
  • Home
  • News
    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

  • Case Studies
    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Dai-ichi Life Insurance Reports that They Saved Over 132000 Hours with Robotic Process Automation (RPA)

  • Blogs
    The Applications, Benefits and Challenges of Automation in Accounting

    The Applications, Benefits and Challenges of Automation in Accounting

    How is Citizen Automation different from enterprise RPA?

    How is Citizen Automation different from enterprise RPA?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    How does the Entertainment Industry leverage Automation?

    How does the Entertainment Industry leverage Automation?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

  • IA Congress – March 2023 Chennai, India
  • Events
    • Intelligent Automation Congress – March 2023 Chennai, India
    • 6th International Intelligent Automation Congress
No Result
View All Result
askRPA
  • Home
  • News
    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

  • Case Studies
    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Dai-ichi Life Insurance Reports that They Saved Over 132000 Hours with Robotic Process Automation (RPA)

  • Blogs
    The Applications, Benefits and Challenges of Automation in Accounting

    The Applications, Benefits and Challenges of Automation in Accounting

    How is Citizen Automation different from enterprise RPA?

    How is Citizen Automation different from enterprise RPA?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    How does the Entertainment Industry leverage Automation?

    How does the Entertainment Industry leverage Automation?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

  • IA Congress – March 2023 Chennai, India
  • Events
    • Intelligent Automation Congress – March 2023 Chennai, India
    • 6th International Intelligent Automation Congress
No Result
View All Result
askRPA
No Result
View All Result

Assessing the Robotic Process Automation (RPA) Landscape: Forrester Wave™ Rankings and Evaluation Criteria

March 6, 2023
Home News
Share on LinkedInShare on FacebookShare on WhatsApp

What is the Forrester Wave™?

Forrester Wave™ assessment evaluates the market’s top vendors, categorizing them as Leaders, Strong Performers, Contenders, and Challengers. It is a research report produced by Forrester Research that evaluates and ranks technology vendors and their products based on their market presence, strategy, and current offering.

The relevance of Robotic Process Automation (RPA)

Numerous businesses have adopted automation as a means to achieve efficiency gains, mainly through the use of robotic process automation (RPA). Technology leaders aim to expand automation capabilities to increase returns and safeguard investments. RPA software vendors have expanded their offerings beyond RPA, incorporating low-code development tools, content and document processing capabilities, process orchestration, and more to meet these demands. Automation professionals are restructuring their frameworks to enable scalability and handle more intricate automations.

In light of these trends, RPA customers should seek out providers that:

  1. Provide a comprehensive range of automation technologies that can support sustainable and scalable automation initiatives in the long term.
  2. Facilitate centralized and federated automation setups, enabling businesses to scale their automation strategies across the entire enterprise.
  3. Understand that automation is a journey that involves process discovery, analysis, improvement, automation, and continual iteration.

Forrester Wave™ for Robotic Process Automation (RPA), Q1, 2023

Source – Forrester, 2023

This assessment conducted by Forrester comprises 15 vendors: Appian, Automation Anywhere, EdgeVerve, IBM, Microsoft, MuleSoft, Newgen, NICE, Nintex, Pegasystems, SAP, ServiceNow, SS&C Blue Prism, UiPath, WorkFusion.

Evaluation Criteria

Forrester’s assessment of vendors involved a thorough evaluation process based on 26 specific criteria that we grouped into three overarching categories.

The company evaluated each vendor’s current offering, which we represented on the vertical axis of the Forrester Wave graphic. This category assessed the strength of each vendor’s automation discovery, evaluation, and portfolio; automation design and development; deployment, operations, and analytics; governance and security; and general capabilities.

Second, the assessment was on the strategies of each vendor, which we represented on the horizontal axis of the Forrester Wave graphic. The company considered each vendor’s vision, innovation, roadmap, pricing flexibility and transparency, partner ecosystem, and community to determine the strength of their strategies.

The final assessment criteria are the market presence of each vendor, which indicates the size of the markers on the graphic. The market presence scores considered each vendor’s revenue and number of users.

Vendors had to meet specific criteria for inclusion in the assessment. Forrester evaluated 15 vendors: Appian, Automation Anywhere, EdgeVerve, IBM, Microsoft, MuleSoft, Newgen, NICE, Nintex, Pegasystems, SAP, ServiceNow, SS&C Blue Prism, UiPath, and WorkFusion. Each vendor must have a different RPA software product to which customers can purchase licenses or subscribe.

Additionally, we only included vendors with a robust global presence, meaning they were present in at least three regions: North America, EMEA, APAC, and Latin America. Finally, vendors had to have significant RPA software revenue, with a total annual income of at least $15 million.

The rankings for Q1, 2023 –

Leaders

  • UiPath
  • Pegasystems
  • SS&C Blue Prism
  • Automation Anywhere

Strong Performers

  • Microsoft
  • EdgeVerve
  • WorkFusion
  • NICE
  • Appian
  • SAP
  • Newgen
  • ServiceNow

Contenders

  • MuleSoft
  • Nintex
  • IBM

You can access the full report here.

Tags: askRPAAutoamtion NewsAutomationForresterRobotic Process AutomationRPA
Next Post
UiPath Launches API Developer Central to Empower Automation Developers with Prebuilt API Connectivity and Streamlined Development Journey

UiPath Launches API Developer Central to Empower Automation Developers with Prebuilt API Connectivity and Streamlined Development Journey

    Interested in learning what Automation Solutions can do for your organization?

    We're here to help.

    Subscribe.

    Join askRPA’s weekly Automation Newsletter direct to your Inbox, Sign up now.

    Recommended.

    The Sponsor Spotlight – Pointee, a gold sponsor for the 6th edition of the Intelligent Automation Congress

    The Sponsor Spotlight – Pointee, a gold sponsor for the 6th edition of the Intelligent Automation Congress

    March 9, 2023
    Everest Group publishes the Robotic Process Automation (RPA) technology provider landscape – PEAK Matrix® assessment (2022) 

    Everest Group publishes the Robotic Process Automation (RPA) technology provider landscape – PEAK Matrix® assessment (2022) 

    November 26, 2022
    askRPA

    askRPA is the portal to connect with RPA Geeks and for Latest Automation News, Event and Case Studies etc.

    Follow Us

    Usefull Links

    • About Us
    • Terms and conditions
    • Privacy Policy
    • Contact us

    Tags

    AI Apromore Artificial Intelligence askRPA AT&T Autoamtion News Automation Automation Anywhere automation news Automation Report Automation Technologies Automation Trends BlackRock Bots Celonis Cloud Computing CMO data Digital Transformation Forrester Gartner Gartner Predictions Gartner Report GBTEC Global Market for IA IA IDP Intelligent Automation Intelligent Automation Congress IoT Low-code development Low-code technologies Low Code Marketing NLP Orica Process Mining Robotic Process Automation Roboyo RPA Salesforce Technology News TuringBots Turing Bots UiPath

    Recent News

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    March 24, 2023

    © 2022 askRPA - Connect Discover Automate

    • Home
    • News
    • Case Studies
    • Blogs
    • IA Congress – March 2023 Chennai, India
    • Events
      • Intelligent Automation Congress – March 2023 Chennai, India
      • 6th International Intelligent Automation Congress

    © 2022 askRPA - Connect Discover Automate

    AI Chatbot Avatar