Blue Prism Revenue Increases by 125% and Customer Adoption Doubles

Blue Prism saw revenues jump by 125% in FY2018 to £55.2m. The RPA vendor also saw customer adoption more than double. After receiving an additional £100m in funding, the company will be looking to accelerate this growth and expand globally.
 
“We’ve painstakingly proven ourselves repeatedly in some of the world’s most heavily regulated industries,” said Alastair Bathgate, CEO and co-founder of Blue Prism. “We set out with the ambitious goal of democratising IT more than a decade ago, which is now starting to reach to fruition via our connected-RPA offering. Our market momentum will only increase as we continue to build out automation capabilities enabling easy access to leading-edge cloud, AI and cognitive capabilities.”
 
In January, Blue Prism revealed its plans for ‘connected-RPA’, an all-in-one automation platform including built in AI and cognitive features that will allow users to automate billions of transactions, freeing up workers for other tasks.
 
“Our vision for connected-RPA is about giving the power of creativity to an organisation’s people, while maintaining control and connecting innovations together, so individual work adds up to a far more powerful whole. With an array of reusable, intelligent automation skills available through our Digital Exchange app store, connected-RPA lets an organisation unleash its entrepreneurs and innovators, giving them the freedom to focus on creative work that drives business forward,” said Bathgate.