![]() ![]() The revenue of the company has risen quite fast from 2018, as it went from £55 million to £155 million. The revenue from these services are diversified per country, with the most revenue received from the EMEA (47%), followed by Americas (40%) and APAC (13%). The industries it targets to offer services are varied and include the Health, FSI, Energy and TMT industry. These softwares are made to enable the automation of complex operational activities. The company is specialized in providing robotic process automation (RPA) and artificial intelligence products and services. Its mission is to “make work smarter and more productive”. The company is listed on the London stock exchange, with a market capitalization valued at £1.28 billion. The current CEO of the company is Jason Kingdon. ![]() A few names for their products are: AWD (automation, workforce optimization and digital transformation platform), Benefix (software to simplify the transmission of employee enrollment to insurance carriers), and Altair (software for superior portfolio management, investment accounting and reporting for financial institutions).īlue Prism Overview ( PRSM:London Stock Exchange)īlue Prism is a British based company, founded in 2001 by David Moss and Alastair Bathgate. SS&C now currently offers services in all types of industries, like alternative investments, asset management, banking, healthcare, retirement services, insurance and REIT accounting & administration. ![]() These acquisitions largely supported the company to develop its operations in the fund and wealth management segments. The rise in revenue can be thanks to the expansion of the company’s services via previously acquired companies, including Advent Software, and Eze Software. This is supported by the net margin growing from 3% to 15%. The company’s revenue underwent a gradual increase since 2018, from a revenue of $3.2 billion to $4.9 billion. Other revenue originated from the rest of the world (23%). The country that provided most revenue to the company was North America, with 77% of revenue. It holds offices in 40 countries and has engaged more than 24,000 employees for around 18,000 clients. It specializes in technology software products and services dedicated to the financial industry. It is listed on the NASDAQ stock exchange and has a market capitalization of $19 billion. The current CEO of the company is Bill Stone. is a US based company that was founded in 1986, by William C.Stone. 10xDS is a Blue Prism partner streamlining processes of organizations and enterprises across the globe, leveraging Blue Prism Digital Workforce Platform.SS&C Technologies Holdings Inc. The company offers enhanced operational capacity and ability to streamline mission-critical operations and business processes catering to a wide range of requirements, offering advanced security, compliance, and scalability. About Blue Prismīlue Prism Group PLC, a UK based software company, is a market leader and one of the pioneers in Robotic Process Automation (RPA) delivering connected Digital Workforce across global enterprises. The CEO and chairman of Blue Prism, Jason Kingdom said, “Combining with Vista and Tibco will ensure we remain at the forefront of the next generation of intelligent automation: We can expand the range of products we offer our customers, with Tibco’s global footprint and technologies and, as a privately owned company, we will also have greater access to capital to pursue new growth opportunities via product investment and other potential M&A”. Tibco provides data and analytics platform comprising of three pillars - Connect for integration, Predict for analytics and Unify for data management. “Blue Prism is a leader in the field of robotic process automation, Blue Prism’s leading capabilities provide a great opportunity to expand the Tibco platform with intelligent automation”, Tibco CEO Dan Streetman said. Vista acquired Tibco in the year 2014 for approximately 4.3 billion dollars. However, it has been confirmed that the private equity group will be purchasing Blue Prism and will be folding it Tibco, which is another property of Vista. As per the filling, Bali Bidco Limited is owned indirectly by Vista Funds for making the deal on their behalf. However, what makes this deal special is that it includes one of the top 3 vendors in the RPA space.Īn entity named Bali Bidco Limited was set up by Vista during this complex deal. We were able to see the acquisition of several RPA start-ups by large vendors in 2020. One of the pioneers in the RPA (Robotic Process Automation) market was recently sold for 1.5 billion US dollars to Vista Equity Partners. ![]()
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