IBM, Automation Anywhere collaborates to streamline data-intensive processes

IBM and Automation Anywhere recently collaborated to offer solutions to help industries streamline their data-intensive processes and Automation Anywhere, a developer of robotic process automation software collaborated to offer solutions to help industries streamline their data-intensive processes such as banking, financial services, insurance and health care.

As part of the agreement, the two companies plan to integrate Automation Anywhere’s Robotic Process Automation (RPA) platform – used to create software bots to handle repetitive, task-based business processes, with IBM’s portfolio of digital process automation software.

“The combination of the Automation Anywhere and IBM process management platforms provides a powerful new way for companies to streamline business processes so employees can spend less time filling out forms and more time working with customers,” said Denis Kennelly, General Manager, IBM Hybrid Cloud solutions.

The new offering will be relevant to companies where employees routinely have to manually complete tasks within business processes. “This new capability to help companies better manage almost any part of a business process with speed, efficiency and reliability is extraordinary, enabling companies to become digital enterprises,” added Mihir Shukla, CEO and Co-founder of Automation Anywhere.

This news comes after recently it became aware that IBM is building a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, that is aimed at simplifying trade finance transactions for small and medium-sized companies.