OpenBots Ranked Among Top Competitors in Everest Group’s PEAK Matrix® for RPA 2022
OpenBots Platform Named Major Competitor in Leading RPA Report
The OpenBots Team – Major Competitor 2022
JERSEY CITY, NJ, Oct. 26, 2022 (GLOBE NEWSWIRE) — Everest Group’s new global RPA market report, “Everest Group Robotic Process Automation Products PEAK Matrix® Assessment 2022”, positioned OpenBotsSAP and IBM as main competitors, based on a thorough evaluation of various criteria assessing vision, capability and market impact.
One of the most important changes is that OpenBots entered the group as “Major Contender”, demonstrating momentum in the RPA market. They have passed veteran companies and are clearing space on their approach to other star performers.
Fortune 500 customers operate OpenBots as part of a multi-vendor strategy. The platform’s robust features and attractive Zero-Bot licensing model help companies complement their existing automation pipelines while lowering their RPA total cost of ownership. As existing licenses need to be renewed, OpenBots will continue to strategically migrate license-intensive workflows to their platform.
The Everest Group studied 23 RPA technology vendors and ranked them into Leaders, Top Competitors, and Aspirants. The research helps buyers select the right intelligent automation platform for their needs and is an overall indicator of industry performance.
Everest Group also positioned UiPath, Automation Anywhere, Microsoft, SS&C Blue Prism and NICE as leaders after years of market dominance.
UiPath and OpenBots are robust enterprise-grade platforms for automating business processes. They both provide essential tools that enable the development and management of a digital workforce (RPA robots). Yet OpenBots’ zero-bot licensing model adds a decisive advantage in the scalability of automated processes.
The value of this platform functionality is becoming apparent as OpenBots gain more and more popularity. Automation pipelines built on UiPath tend to be less positive in terms of ROI due to the high cost of licensing to orchestrate them. RPA bots have historically come at a high price, but OpenBots offers relief at a fraction of the cost of any enterprise platform on the market.
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The Everest Group ranked OpenBots as a major competitor in the RPA industry.
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