Automation Anywhere Announces Record Fourth Quarter Led by Strength of Gen AI-led Deals, Large Enterprise Customers and Strong Customer Retention
SAN JOSE, Calif., March 11, 2024 /PRNewswire/ -- Automation Anywhere, the leader in intelligent automation that puts AI to work across organizations, today announced it delivered record fourth quarter performance, boosted by its generative AI-powered automation solutions, large enterprise customer deals, and robust sales worldwide. With its strong performance and increased momentum globally, the company reported that Q4 results exceeded its forecast and goals, notably a 50 percent growth from the third quarter and 14 percent increase in large deals year on year.
- "Our fourth quarter and full year 2024 results illustrate our ongoing ability to deliver value to our customers," said Mihir Shukla, CEO and Co-founder of Automation Anywhere.
- We're seeing more and more customers experience the tangible benefits of deploying AI and Intelligent Automation solutions at scale to help transform their business safely and securely.
- The company's high customer retention rate is a strong signal that customers are engaged, committed, and aligned with Automation Anywhere's strategy and vision.
- "The feedback we have received from our customers reaffirms the value that can be achieved from GenAI and automation.