Why SoftBank Invested $300 Million In Robotic Process Automation (RPA)
By Staff Reporter
Jul 16, 2019 10:09 PM EDT
Investors
Robotic Process Automation (or RPA) is one of the hottest areas in the enterprise technology sector these days, reaching $1.3 billion this year, says Gartner.
According to the market research firm, RPA software revenue grew 63.1% in 2018 to $846 million, making it the fastest-growing segment of the global enterprise software market, with the top-five RPA vendors (UiPath, Automation Anywhere, Blue Prism, NICE, Pegasystems) controlling 47% of the market.
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