Blog 16/01/2018

The Automation-as-a-Service Market – Global Forecast to 2022 issued by MarketsandMarkets recognizes Softomotive as a “Key Innovator” in the field. The research report remarks on the unique concurrent process functionality of Softomotive’s ProcessRobot by stating that not only can ProcessRobot Bots execute any number of processes, but they can do so concurrently. “This unique functionality enables the full utilization of the robots, with underlying hardware resources being the only limit to productivity.” It also highlights ProcessRobot’s built-in integration with the major cognitive services provided by Microsoft, Google, and IBM Watson and further adds that, “Softomotive is quickly expanding its partner base, including major companies, and expanding to new markets.”

The forecast includes high-level market highlights in the field of automation. It predicts that the global automation-as-a-service market is expected to grow from USD 1.80 billion in 2017 to
USD 6.23 billion by 2022, and that North America is expected to have the largest market size during the forecast period. It also adds that, “key factors driving the growth rate are the increasing demand for automation across various business processes and the increasing adoption of cloud technology, which in turn has fueled the demand for effective automation-as-a-service solutions.”

Read the full report here.

Leave a Reply

Your email address will not be published. Required fields are marked *


All the enterprise RPA power you need, priced to scale.

See how you can accelerate your performance and improve your productivity using ProcessRobot.

Your subscription to receive information regarding Softomotive products, services and events, including company
news and marketing communication has been confirmed.

Your trust is important to us. You can control your data and communication preferences at any time as per the
privacy policy.

Fill out the form to request a demo of ProcessRobot.

The asterisk (*) indicates a required field.
I agree to Softomotive's Privacy policy.

By continuing to use the site, you agree to the use of cookies. Read more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.