Another Monday was classified as a „Major Contender“ in the recently published 2019 "PEAK Matrix™ Robotic Process Automation" by Everest Group. In what is now the fourth edition of the report, Everest Group not only lists the strengths of the individual suppliers but also some current developments in the RPA market that every user should be aware of. We took a closer look at the report and summarized the most important points for you.
In addition to an overview of the general market, Everest Group identifies a slow transformation of the most common payment models. Providers are moving away from rigid licensing models to usage-based billing, for example per robot minute or per successful transaction. This flexibility is made possible by the increasing maturity of the market and advances in RPA technology. At Another Monday, usage-based models have always been the basis of our payment model.
New technologies and rising demand
The technical possibilities of many applications are constantly evolving. Computer vision, stand-alone workflow management, intelligent and automatic workload balancing and the ability to scale automatically when demand increases are now among the basic functions of any tool. These new features are increasingly helping companies to achieve their strategic goals easier, quicker and more efficiently.
Everest Group also notes, that due to the increasing maturity of the individual solutions, RPA and RDA continue to see increasing demand. Thanks to the simplification of development by the introduction of „no code“-solutions, the implementation of Robotic Process Automation by the respective departments becomes a desirable application case.
Another Monday in the Everest PEAK Matrix™
Another Monday was also analyzed by the Everest Group and classified as "Major Contender". On the two axes of the matrix, the positioning in the "Vision & Capability" area stands out above all. Everest Group praises our ability to implement scalable RPA solutions quickly and professionally as well as our view of RPA as a complement to the human workforce. Our new tool "AM Muse", which radically simplifies process documentation and thus significantly reduces the effort of many RPA implementations, further contributes to this.
Do you want to try the visionary tools of Another Monday? No problem. With our free trial version you can automate processes for a 30-day period and convince yourself of our strengths.
We would like to thank Everest Group for the classification as "Major Contender" and the authors of the report, Sarah Burnett, Amardeep Modi, Akash Munjal and Harpreet Kaur Makan for the pleasant cooperation!