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Appian Acquires Robotic Process Automation Company Novayre Solutions; Terms Not Disclosed

Appian (NASDAQ:APPN) today announced the acquisition of Novayre Solutions SL, developer of the Jidoka RPA platform. Jidoka is currently the highest-rated RPA software on Gartner Peer Insights (>50 reviews). The

Benzinga · -

Appian (NASDAQ:APPN) today announced the acquisition of Novayre Solutions SL, developer of the Jidoka RPA platform. Jidoka is currently the highest-rated RPA software on Gartner Peer Insights (>50 reviews). The acquisition makes Appian a one-stop shop for Automation, with best-in-class solutions for workflow, AI, and RPA.

According to Forrester, the RPA market is expected to reach $12 billion by 2023, but many organizations are still in the early stages of their RPA journey.* Companies have experimented with RPA by implementing robots from multiple vendors, resulting in a fragmented technology landscape. Robots are often deployed in silos without effective human oversight, creating management challenges. CIO concerns about robot security and governance have also limited the growth of RPA for larger-scale use cases.