“Three mistakes of Blue Prism” – My take & what is yours?

1)     BP claimed once upon a time that they do not believe AI & Cognitive in RPA

2)     Initial Public Offering (IPO) very quickly to raise more equity

3)     BP acquisition of Thought nomy

When UiPath valued at $10 Billion with their funding of close to a Billion Dollar & Automation Anywhere valued at $2 Billion with their funding of $250 Million & BluePrism valued more than a Billion dollar & a leader from Everest Peak Matrix report “Thoughtonomy” were sold to their competitors for just “$100 Million”? – either this have to be a SUPER Big RPA bubble or those investors who have invested in UiPath & Automation Anywhere were clearly made wrong decisions when they get to buy a company for $100 million that too from Leaders quadrant, they have vested close to Billion dollars in just a few percentages of stakes? Were they blind folded with so much hype or made fool out of themselves?

this depicts may be BluePrism are better negotiators than those investors vested in Automation Anywhere & UiPath? Or the investors are trying to create a massive RPA bubble and allow to impact the Industry?

Disclaimer: Opinion expressed in the above article are purely biased by the Authors thought & his experience in the RPA industry and please read at your own discretion 

#RoboticProcessAutomation #IntelligentAutomation #RPA #AI