Automation Anywhere

Uzum becomes first tech unicorn in Uzbekistan after raising over $100 mln in funding

Retrieved on: 
Tuesday, March 26, 2024

TASHKENT, Uzbekistan, March 26, 2024 /PRNewswire/ -- Uzum, a leading digital services ecosystem in Uzbekistan, has secured more than $100 mln in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion.

Key Points: 
  • TASHKENT, Uzbekistan, March 26, 2024 /PRNewswire/ -- Uzum, a leading digital services ecosystem in Uzbekistan, has secured more than $100 mln in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion.
  • Uzum secured over $50 mln in equity through a Series A funding round consisting wholly of primary investments.
  • Investors taking part in the Series A funding round will receive stakes of less than 5% in the company.
  • All of the ecosystem's components are now being integrated into two superapps: Uzum for individuals, and Uzum Business for legal entities.

Uzum becomes first tech unicorn in Uzbekistan after raising over $100 mln in funding

Retrieved on: 
Tuesday, March 26, 2024

TASHKENT, Uzbekistan, March 26, 2024 /PRNewswire/ -- Uzum, a leading digital services ecosystem in Uzbekistan, has secured more than $100 mln in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion.

Key Points: 
  • TASHKENT, Uzbekistan, March 26, 2024 /PRNewswire/ -- Uzum, a leading digital services ecosystem in Uzbekistan, has secured more than $100 mln in funding through a combination of a Series A funding round and debt financing, making Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over $1 billion.
  • Uzum secured over $50 mln in equity through a Series A funding round consisting wholly of primary investments.
  • Investors taking part in the Series A funding round will receive stakes of less than 5% in the company.
  • All of the ecosystem's components are now being integrated into two superapps: Uzum for individuals, and Uzum Business for legal entities.

Kapil Vyas of Automation Anywhere Recognized as 2024 CIO 100 Award Winner

Retrieved on: 
Wednesday, March 20, 2024

SAN JOSE, Calif., March 20, 2024 /PRNewswire/ -- Automation Anywhere, the leader in intelligent automation solutions that put artificial intelligence (AI) to work across every aspect of an organization, today announced that CIO has named Kapil Vyas, Vice President and Head of IT Systems of Information Security and Digital Transformation, as a 2024 CIO 100 award winner. For more than 25 years, the CIO 100 Awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.

Key Points: 
  • SAN JOSE, Calif., March 20, 2024 /PRNewswire/ -- Automation Anywhere , the leader in intelligent automation solutions that put artificial intelligence (AI) to work across every aspect of an organization, today announced that CIO has named Kapil Vyas, Vice President and Head of IT Systems of Information Security and Digital Transformation, as a 2024 CIO 100 award winner.
  • For more than 25 years, the CIO 100 Awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.
  • "The CIO 100 Symposium & Awards continues a tradition of over 25 years of the highest quality content for IT leaders and their teams.
  • Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards.

Automation Anywhere Announces Record Fourth Quarter Led by Strength of Gen AI-led Deals, Large Enterprise Customers and Strong Customer Retention

Retrieved on: 
Monday, March 11, 2024

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.

Key Points: 
  • "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.

Automation Anywhere Announces Record Fourth Quarter Led by Strength of Gen AI-led Deals, Large Enterprise Customers and Strong Customer Retention

Retrieved on: 
Monday, March 11, 2024

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.

Key Points: 
  • "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.

Technology Holdings advises Leonardo, a leading Australian Automation, BPM & Business Process Transformation Specialist, on its strategic sale to UST, a Temasek portfolio company

Retrieved on: 
Monday, March 4, 2024

Leonardo, a trusted partner of UiPath, Automation Anywhere, Red Hat, Software AG, and Workato, excels at driving comprehensive intelligent process improvements using cutting-edge technology.

Key Points: 
  • Leonardo, a trusted partner of UiPath, Automation Anywhere, Red Hat, Software AG, and Workato, excels at driving comprehensive intelligent process improvements using cutting-edge technology.
  • Leonardo helps clients rebuild their processes for the digital age by combining process-centric strategic thinking with the rigour and precision of enabling technologies that support their transformation.
  • “Leonardo engaged Technology Holdings to run a process for the shareholders to achieve a liquidity event, and for our staff to have enhanced career opportunities.
  • Through the ups and downs of the transaction process, Technology Holdings always providing a solid commercial sounding board that helped the shareholders of Leonardo achieve the outcome they desired.

Alorica and Automation Anywhere Join Forces to Redefine Industry-Leading Customer Experience (CX) Solutions

Retrieved on: 
Thursday, February 22, 2024

Alorica , a global leader of next-generation customer experience solutions, announced today a new partnership with Automation Anywhere , a leader in Intelligent Automation that puts artificial intelligence (AI) to work across every aspect of an organization.

Key Points: 
  • Alorica , a global leader of next-generation customer experience solutions, announced today a new partnership with Automation Anywhere , a leader in Intelligent Automation that puts artificial intelligence (AI) to work across every aspect of an organization.
  • With Automation Anywhere’s leading capabilities in GenAI-powered Intelligent Automation , Alorica will seamlessly integrate its customer-centric approach, forging a powerhouse alliance that aims to improve efficiency, personalization, simplicity and satisfaction simultaneously.
  • This collaboration further strengthens the suite of technology-enabled offerings by Alorica IQ – the company’s digital foundry focused on delivering outcome-based solutions that map and solve customer pain points, transforming the customer’s journey through next-level Customer Experience Management (CXM) services.
  • Partnering with Automation Anywhere furthers our relentless commitment to set a new benchmark in customer service,” said Harry Folloder, Chief Digital Officer, Alorica.

Automation Anywhere's Generative AI-Powered Automation Saves Petrobras $120 Million in Just Three Weeks

Retrieved on: 
Thursday, March 7, 2024

SAN JOSE, Calif., March 7, 2024 /PRNewswire/ -- Automation Anywhere, the leader in intelligent automation solutions that put artificial intelligence (AI) to work across every aspect of an organization, announced that Petrobras realized $120 million in savings within three weeks, by using Automation Anywhere's Automation Co-Pilot for Business Users to efficiently prepare and process its complex tax filings.

Key Points: 
  • Petrobras fed hundreds of pages of complex Brazilian tax code into a new generative AI model powered by Automation Anywhere, along with months of the company's tax data.
  • "We're thrilled with our early results with Gen AI-powered automation to save us tens of millions of dollars in just a few short weeks," said Carlos Barreto, CIO at Petrobras.
  • "Petrobras is an incredible success story of using automation and AI to rethink their business at every level," said Adi Kuruganti, CPO at Automation Anywhere.
  • "Many companies are just beginning to see how fast massive savings can be realized with generative AI-powered automation.

UST Acquires Leading Australian Process Transformation Company, Leonardo

Retrieved on: 
Wednesday, February 21, 2024

MELBOURNE, Australia and ALISO VIEJO, Calif., Feb. 21, 2024 /PRNewswire/ -- UST, a leading digital transformation solutions company, has announced the strategic acquisition of Leonardo, a leading provider of business process improvement, automation, and integration services, in the Australia and New Zealand (ANZ) region. The acquisition by UST will empower Leonardo to expand its market reach and enhance its service offerings for clients, combining Leonardo's in-depth process expertise with UST's technology leadership, digital transformation capabilities, and global credentials, and strengthening UST's position in the Australian market.

Key Points: 
  • MELBOURNE, Australia and ALISO VIEJO, Calif., Feb. 21, 2024 /PRNewswire/ -- UST , a leading digital transformation solutions company, has announced the strategic acquisition of Leonardo , a leading provider of business process improvement, automation, and integration services, in the Australia and New Zealand (ANZ) region.
  • The acquisition by UST will empower Leonardo to expand its market reach and enhance its service offerings for clients, combining Leonardo's in-depth process expertise with UST's technology leadership, digital transformation capabilities, and global credentials, and strengthening UST's position in the Australian market.
  • UST has been supporting clients across industries in the Australian market for the last 8 years, providing digital transformation solutions focused on customer experience and operating model design, product engineering, organizational efficiencies through process transformation, Gen AI and data services, SaaS, cloud, intelligent automation, and cyber security solutions.
  • For over 25 years, Leonardo has been a reliable partner to its clients in the ANZ community, especially in the process transformation area.

UST Acquires Leading Australian Process Transformation Company, Leonardo

Retrieved on: 
Wednesday, February 21, 2024

MELBOURNE, Australia and LONDON, Feb. 21, 2024 /PRNewswire/ -- UST, a leading digital transformation solutions company, has announced the strategic acquisition of Leonardo, a leading provider of business process improvement, automation, and integration services, in the Australia and New Zealand (ANZ) region. The acquisition by UST will empower Leonardo to expand its market reach and enhance its service offerings for clients, combining Leonardo's in-depth process expertise with UST's technology leadership, digital transformation capabilities, and global credentials, and strengthening UST's position in the Australian market.

Key Points: 
  • MELBOURNE, Australia and LONDON, Feb. 21, 2024 /PRNewswire/ -- UST , a leading digital transformation solutions company, has announced the strategic acquisition of Leonardo , a leading provider of business process improvement, automation, and integration services, in the Australia and New Zealand (ANZ) region.
  • The acquisition by UST will empower Leonardo to expand its market reach and enhance its service offerings for clients, combining Leonardo's in-depth process expertise with UST's technology leadership, digital transformation capabilities, and global credentials, and strengthening UST's position in the Australian market.
  • UST has been supporting clients across industries in the Australian market for the last 8 years, providing digital transformation solutions focused on customer experience and operating model design, product engineering, organizational efficiencies through process transformation, Gen AI and data services, SaaS, cloud, intelligent automation, and cyber security solutions.
  • For over 25 years, Leonardo has been a reliable partner to its clients in the ANZ community, especially in the process transformation area.