For the past three decades, NICE Systems (NASDAQ: NICE) has been continuing to grow. What started as a solutions provider for the call center industry has become a company that not just makes software but can serve as a key technology partner for all types of firms in various industries. A big step forward for the Israeli...
Author: Jared Wade (Jared Wade)
Nouveau Labs of India Is Opening Up an RPA Center of Excellence
Satya Tummala, founder and CEO of Nouveau Labs, says “we foresee growing to a 100-plus strong team in the next 12 months.”
AI Foundry Brings In Percy Johnson, Jr. as VP to Bolster RPA Efforts for Mortgage and Lending Solutions
Kodak Alaris offshoot and self-learning software provider AI Foundry has named robotic process automation (RPA) expert Percy Johnson, Jr. as its new vice president of solutions. Johnson, who has worked in mortgage processing innovation for Morgan Stanley, Bank of America, and Countrywide, will be a leading member of the company’s “agile lending” and “agile mortgages” solutions,...
Mitsubishi UFJ Financial Group Aims to Automate Nearly One-Third of Banking Operations
Mitsubishi UFJ Financial Group will invest in robotic process automation to fulfill processing that would otherwise require almost 10,000 human employees.
Israeli RPA Provider Kryon Systems Closes on $12 Million Funding Round
Kryon Systems, a robotic process automation (RPA) provider based in Tel Aviv, closed last week on a $12 million round of funding led by New York private equity firm Aquiline Technology Growth and Vertex Ventures, a global group of capital funds. The company plans to put this series B round into developing its platform and...
Symphony Ventures Acquires Mexican RPA Consultancy RPA4Excellence
Global automation services provider Symphony Ventures has acquired RPA4Excellence, a Mexico City-based robotic process automation (RPA) consultancy. The move comes just weeks after the London-headquartered company opened its first Latin American office in Buenos Aires, highlighting the concerted push by Symphony Ventures to expand in the region. Arnold Schiemann and Jaume Sues, the leadership team...
Nearly 100% of Companies in 13 Different Industries to Invest in AI by 2020
Four out of five executives across 13 different industries already invest in artificial intelligence (AI), and nearly 100% of those surveyed said they plan to do so by 2020, according to a new study from Indian outsourcing giant Tata Consultancy Services (TCS). Even more encouraging is the fact that executives in 10 of the analyzed...
Coming to Latin America: Symphony Ventures Opens Argentina Office to Expand RPA Footprint
London-based robotic process automation (RPA) provider Symphony Ventures has opened its first Latin American office in Argentina. The announcement of the new location in Buenos Aires came within weeks of the company receiving a $4.5 million USD Series A investment from London-based private equity firm Livingbridge, and the timing highlights the company’s eagerness to make the push...
One in Three Retail Bankers Are Worried About Losing Their Jobs to Automation
Many bankers are worried that they won’t have jobs for much longer. A recent LinkedIn survey of those working in the financial services sector found that one out of three retail banking professionals (34%) are concerned that automation could put them out of work. Among all employees in the industry, 25% are worried that automation...
How Long Will It Take for ‘Virtual Advisors’ to Arrive in the Workplace?
While many companies already have digital chatbots, robo-advisors, and other digital automation, the bulk of workplaces are still fully run by human brains. While some professions — like a butcher or hair stylist — may remain this way for some time, most companies with more than a few employees will soon be embracing automation. The...









