Automation Anywhere has announced plans to acquire FortressIQ, a leading process discovery and mining company based in San Francisco.
The companies say that combining FortressIQ with Automation Anywhere will usher in a new era of intelligent automation by enabling organisations to accelerate automation initiatives and transform in a digital-first world.
Through the deal, Automation Anywhere will advance its AI-powered, cloud-native Automation 360 platform with process discovery, intelligence, and optimisation that can scale to any system or application across any vertical. The new capabilities offer built-in intelligence that provides fast, accurate visibility on which processes can and should be automated.
Mihir Shukla, Automation Anywhere CEO and co-founder, said: “The Fortress IQ team are the pioneers of process intelligence, making this a perfect match. Together, Automation Anywhere and FortressIQ will reshape the future of automation, changing the way our customers automate, adapt, and accelerate as they pursue digital transformation initiatives. I’m thrilled to welcome FortressIQ to the Automation Anywhere family once the transaction closes.”
Pankaj Chowdhry, FortressIQ CEO and founder, said: “Automation Anywhere is a global leader of the RPA revolution, and nearly two decades later, is reimagining automation to be cloud-native, intelligent, and designed for every person in every company. We share a vision to deliver and automate at scale, as well as share common values to help customers succeed on a trusted platform. This will change the industry, and I’m excited about what we can automate next.”