Nintex acquires RPA provider EnableSoft
Nintex announced its acquisition of Robotic Process Automation (RPA) provider EnableSoft, maker of Foxtrot RPA.
Among RPA vendors, Foxtrot RPA supposedly stands out for “Time to First Value” whether integrating existing processes or building bots from scratch.
Nintex CEO Eric Johnson says, “Acquiring EnableSoft Foxtrot RPA delivers on Nintex's strategic plan for offering the industry's most complete process platform to manage, automate and optimise business processes across all departments and industries.
“Foxtrot RPA aligns perfectly with our product design principles: to make solutions that are powerful and easy to use, drive fast time to value, the lowest total cost of ownership, and incredible satisfaction.
“Operations, IT and process professionals use the Nintex Process Cloud to quickly improve how people work, with clicks not code, to deliver robust and flexible solutions to help improve their operations and digitally transform their businesses.
Maureen Fleming, program vice president of IDC's Intelligent Process Automation research program, added “RPA is perfect for breaking down a manual task into automatable steps, and workflow is great for connecting – or glueing – those steps together, ensuring they are completed correctly and able to advance to the next step in a larger business process.
Every company has repeatable processes and tasks that can benefit from automation like RPA. Foxtrot supposedly offers a platform to make the creation and deployment of RPA bots faster and easier than ever before making it cost effective, enabling a broader set of people and delivering rapid ROI.
Foxtrot has gained significant traction in regulated industries, including financial services, banking and healthcare, because of its approach to RPA. Today hundreds of organisations turn to the Foxtrot platform to successfully automate their processes.
This latest acquisition from Nintex follows the company's strategic partnership in January 2019 with Adobe to bring native electronic signatures, Nintex Sign powered by Adobe Sign, to the Nintex Process Cloud as well as Nintex's acquisition of New Zealand-based visual process mapping provider Promapp in July 2018, all of which has been orchestrated since Thoma Bravo became the company's majority investor in March 2018.
451 Research principal analyst Carl Lehmann says, “We discovered in a recent survey that over fifty per cent of business and IT leaders need new application development and process automation tools to drive their digital businesses.
“Next-generation automation environments, like the one offered by Nintex, will combine business workflow and robotic process automation tools into uniform digital automation platforms that empower enterprise workforces and rapidly enable digital business.