Automation Anywhere acquires Fortress IQ, a leading process discovery and mining company based in San Francisco to enhance its discovery bot and intelligent automation.
Post Contents
Automation Anywhere Acquires Fortress IQ
With the acquisition of FortressIQ, Automation Anywhere will advance its AI-powered, cloud-native Automation 360 platform with process discovery, intelligence, and optimization that can scale to any system or application across any vertical.
Here are the exact quotes from the CEOs of both companies.
Mihir Shukla’s words:
“The Fortress IQ team are the pioneers of process intelligence, making this a perfect match.”
“Together, Automation Anywhere and FortressIQ will reshape the future of automation, changing the way our customers automate, adapt, and accelerate as they pursue digital transformation initiatives. I’m thrilled to welcome FortressIQ to the Automation Anywhere family once the transaction closes.”
– Mihir Shukla, CEO, and Co-Founder, Automation Anywhere
Pankaj Chowdry’s words:
“Automation Anywhere is a global leader of the RPA revolution, and nearly two decades later, is reimagining automation to be cloud-native, intelligent, and designed for every person in every company.”
“We share a vision to deliver and automate at scale, as well as share common values to help customers succeed on a trusted platform. This will change the industry, and I’m excited about what we can automate next.”
– Pankaj Chowdry, CEO and Founder, FortressIQ
The companies did not reveal the purchase price as of now.
About Fortress IQ
FortressIQ empowers enterprises to decode work with its process intelligence platform. It automatically and continuously acquires process data at scale across the entire enterprise, allowing companies to understand and monitor current state processes, and then make better, faster process improvements.
To learn more, please visit www.fortressiq.com.
About Automation Anywhere
Automation Anywhere is the world’s No.1 cloud automation platform, delivering intelligent RPA solutions globally across all industries to automate end-to-end business processes, for the fastest path to enterprise transformation.
To learn more, please visit www.automationanywhere.com.
Automation Anywhere News
You can read more about this acquisition on the official website – Automation Anywhere Acquires Fortress IQ.
Last year, Microsoft acquired RPA vendor Softomotive to provide a low-code system for its Power Automate users.
👉 For more news related to RPA, you can check our RPA News section.
Thank you!