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With organizations around the world focusing on streamlining operations and reducing manual effort, the business automation marketplace is on a growth track. According to a 2021 Markets & Markets research report, the size of the market is projected to reach $19.6 billion by the end of 2026 at a CAGR of 12.2% during the forecast period, up from a valuation of $9.8 billion in 2020!
Intelligent automation platforms play a critical role in transforming enterprises’ operations. It can help enhance productivity, bring in higher accuracy by minimizing human error, improve cost efficiency by reducing overhead costs, result in quicker workflows owing to the more efficient task and data processing, and help in data-driven decision-making.
A combination of AI—including machine learning (ML), computer vision, and natural learning processing (NLP)—and robotic process automation (RPA), intelligent automation solutions offer organizations a shot in the arm to automate their processes across various functions. In other words, intelligent automation platforms perform simple tasks that humans would have otherwise spent much time doing repeatedly.
So, if you are seeking to automate your processes and need suggestions for the best intelligent automation platform, we have got you covered. Here’s a list of 10 of the best solution providers you can count on in 2024 to help you in your transformation journey.
Aiwozo
Aiwozo helps companies discover, manage, build, and run automation bots from a single platform. If you’re looking for an enterprise platform that can handle both large-scale automation tasks while being nimble enough to be deployed quickly, this is the one for you.
Its suite of features has something for companies of all sizes, with a ‘Studio’ (to create and edit automation processes), ‘WorkZone’ (that reports and monitors automation), and ‘Aiwozo bot’ (to support users, perform actions, and pull data from applications).
Appian
With a special focus on low-code design and process automation, Appian is an intelligent automation platform that helps enhance productivity by letting users design, automate, and optimize processes. It includes capabilities such as data fabric, process mining, RPA, intelligent document processing (IDP), experience management, low-code application development (LCAP), GenAI, and workflow automation.
Thus, Appian helps achieve end-to-end efficiency, an end to needless data silos, and ensures your company’s data never leaves its control.
Automation Anywhere
Delivering secure enterprise automation with process intelligence, this intelligent automation platform from the global software company is powered by intelligent automation and GenAI. The open, extensible platform, connected to the most popular apps and systems, improves your company’s operational efficiency by helping users understand the best automation process; automate across teams, systems, and applications; scale across your enterprise, and empower your employees with digital coworkers.
Automation Edge
Companies in the banking, insurance, healthcare, manufacturing, and IT sectors can most benefit from the RPA, hyper-automation, and IT automation solutions that this platform offers.
Better your process efficiencies, improve regulatory compliance, reduce operating costs, optimize customer experiences, etc. by using this intelligent automation platform’s capabilities such as ML, AI, business process management (BPM), service desk automation, and intelligent document processing.
Kofax
Kofax is another intelligent automation platform that uses its RPA and other capabilities such as cognitive capture, analytics, and process orchestration to help clients become more resilient, mitigate compliance risks, and streamline workflows that are information-intensive.
Pega
Yet another low-code intelligent automation platform, Pega is an enterprise business management and automation platform with CRM functionality and AI-powered decision-making and workflow automation capabilities.
Companies using the platform’s suite of offerings can access its intelligent automation features, including robotic desktop automation, unattended bots, case management, omnichannel experience management, and the Pega Customer Decision Hub.
Microsoft Power Automate
Here’s an end-to-end intelligent cloud automation platform that’s powered by low-code and AI technologies to help quickly automate intelligent workflow solutions. Its suite comes with digital process automation (DPA), RPA, API connectors, process mining, task mining, built-in security governance, flexible scaling, and AI-powered authoring.
UiPath
Among the world’s most popular RPA tools, UiPath helps automate several IT tasks. It helps centralize the control and management of your automation process, ensuring you have stronger security, maintain smoother compliance, and perform better.
The AI-powered business automation platform can especially benefit organizations in the insurance, banking, financial services, healthcare, public sector, or manufacturing industries. The platform offers a wide range of automation features that help you build and employ robots for your automation tasks, with ready-made robots for tasks like processing invoices, making vendor payments, creating accounting reports, etc.
Also, UiPath doesn’t need deep coding experience to create robots on the platforms. The platform also offers excellent customer support, with human representatives when you need them, and a collection of guides and tutorials in various formats.
Process Maker
Here’s a low-code business process management and workflow automation software provider that is easy to use and customizable. Its capabilities include an AI-powered decision engine, IDP, and GenAI.
By design, the tool can automate workflows and approvals with some of its features like task management, designing, analytics, and reporting on company processes. ProcessMaker helps companies automate recurring assignments to help members in a team to utilize their time for something more creative/strategic, eliminate data and application silos, improve resource allocation, and increase productivity.
These ten intelligent automation platforms are specifically crafted to assist enterprises in overcoming challenges and positioning themselves for digital advancement. Incorporating these platforms into operations not only enhances digital agility but also ensures enterprises are well-prepared for future development.
Work Fusion
This platform uses no-code, low-code functionality, and process automation to manage the digital workforce. It offers readymade, industry-specific, and continuously learning IDP solutions that automate complex document processing tasks with AI and human collaboration.
The solution can be hired or configured to suit your enterprise needs, or even built to completely automate complex job roles. Most efficient in helping you add to your team strength, overcome staffing challenges, improve compliance, and save money with AI Digital Workers.
About Marlabs
Marlabs designs and develops digital solutions that help our clients improve their digital outcomes. We deliver new business value through custom application development, advanced software engineering, digital-first strategy & advisory services, digital labs for rapid solution incubation and prototyping, and agile engineering to build and scale digital solutions. Our offerings help leading companies around the world make operations sleeker, keep customers closer, transform data into decisions, de-risk cyberspace, boost legacy system performance, and seize novel opportunities and new digital revenue streams.
Marlabs is headquartered in New Jersey, with offices in the US, Germany, Canada, Brazil and India. Its 2500+ global workforce includes highly experienced technology, platform, and industry specialists from the world’s leading technical universities.
Marlabs Inc. (Global Headquarters) One Corporate Place South, 3rd Floor, Piscataway NJ – 08854-6116, Tel: +1 (732) 694 1000 Fax: +1 (732) 465 0100, Email: contact@marlabs.com.