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Automation Anywhere Stock (AUAN)

Automation Anywhere integrates generative AI into its Automation Success Platform. This integration aims to improve efficiency and productivity in enterprise workflows across various sectors like healthcare and finance.

Automation Anywhere is a digital workforce platform that provides end-to-end automation solutions and business processes.

About Automation Anywhere Stock

Founded

2003

Headquarters

San Jose, CA, US

Total Funding

975M

Industries

Software, Data and Analytics, Financial Services

Automation Anywhere is the developer of an AI-powered Process Automation Platform which provides end-to-end solutions to efficiently implement business process automation. The company's Automation Platform offers features such as generative AI, process discovery, RPA, process orchestration, document processing, and analytics, with supporting security and governance. Additionally, Automation Anywhere aims to allow enterprise customers to create software bots as well as purchase bots and digital workers in its Bot Store. 

Automation Anywhere was founded in 2003 and is headquartered in San Francisco, California, with additional offices in over 40 countries. Notable investors include Salesforce Ventures, Workday Ventures, SoftBank Vision Fund, and Arctic Ventures.

Investors in Automation Anywhere

Discover investors in Automation Anywhere stock and explore their portfolio companies

Automation Anywhere Management

Leadership team at Automation Anywhere

Chief Executive Officer

Mihir Shukla

Chief Financial Officer

Vikram Khosla

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Automation Anywhere Key Facts

• The company’s focus on innovation and incorporation of advanced technologies like artificial intelligence and machine learning into its platform may position it well it for future success. Automation Anywhere’s ability to provide cutting-edge solutions can attract new customers and increase its market share.
• Automation Anywhere has established a robust partner ecosystem, which enhances its capabilities and enables it to offer comprehensive solutions and support. This network of partners strengthens the company’s market position and contributes to its growth potential. They recently partnered with Google Cloud “to bring together generative AI and intelligent automation”.
• Recent hires points to building an experienced and prepared management team. Automation Anywhere appointed Rob Ferguson, a former Salesforce executive, who served for more than a decade in senior sales leadership roles, as their new chief revenue officer.

• The RPA market is highly competitive, with several major players vying for market share. Automation Anywhere faces the risk of increased competition from existing competitors as well as new entrants, which could lead to pricing pressures and potential loss of market share.
• Automation Anywhere’s platform relies on integration with various third-party applications and systems. Any disruptions, limitations, or compatibility issues with these applications could impact the overall performance and user experience of the platform, leading to customer dissatisfaction.
• Changes in regulations and compliance requirements can affect the adoption and implementation of automation solutions. Automation Anywhere must stay vigilant and adapt to evolving regulatory standards, which could entail additional costs and potential disruptions.

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