When we say Robotic process automation (RPA) is one of the fastest growing technologies in the enterprise software market and one of the most widely adopted technologies among organizations, we’re NOT overstating! Let’s go over a few statistics:
- Fortune Business Insights: The global robotic process automation market size was valued at USD 13.86 billion in 2023. The market is projected to grow from USD 18.18 billion in 2024 to USD 64.47 billion by 2032, exhibiting a CAGR of 17.1% during the forecast period
- Grand View Research: The global robotic process automation market size was valued at USD 2,942.7 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 39.9% from 2023 to 2030.
RPA is undoubtedly one of the most promising emerging technologies with several high value business benefits including automation of repetitive and manual tasks, integration with backend systems, reducing business costs and so on. RPA is helping organizations not only accelerate their digital transformation initiatives but also improve ROI from their past technology investments.
What Are RPA Tools?
RPA tools are software solutions that use robotic “bots” to automate tasks that are typically repetitive, rule-based, and time-consuming. They interact with applications in the same way humans would, without making any changes to the underlying system. These tools are transforming industries by improving efficiency, reducing errors, and cutting costs.
As the robotic process automation tools market continues to grow, there are several options available. Each tool has its unique features and strengths, and success with RPA depends on selecting the right tool for your organization’s needs.
We’d like to share our experiences and insights through this article.
If you’re planning to start your RPA journey and want to make an informed decision for choosing the right RPA tool, please read on!
Top 5 Best RPA Tools
RPA Tool #1 UiPath
UiPath RPA Tool is considered one of the industry leaders in robotic process automation. Their RPA tool is designed such that they can be installed on Windows desktops, Microsoft Azure and servers where routine tasks, normally done by humans, are automated. The automation robots are implemented without making any changes to the legacy system, and can be trained to interact with the interface just like a human. UiPath robots are controlled by another entity known as the Orchestrator, which monitor events and triggers the robot to respond to them effectively.
Are you a Microsoft customer?
If you are using Microsoft products for your organization, you might be interested in knowing that Both UiPath and Acuvate’s BotCore (enterprise chatbot builder platform) are Microsoft Global Co-Sell Ready solutions. They can be used by customers in their Azure subscription.
UiPath has been named a Leader in the RPA Magic Quadrant™ for the 6th consecutive time in 2024. Technology that makes visual information extraction is also underway and UiPath is working on improving their machine vision tools. This technology is designed to focus on optical character recognition and converts letters and numbers into machine-understandable formats.
Some of the features of UiPath that make it a preferred RPA solution, include:
- Support for both web and desktop applications
- Legacy application integrations
- Automated data entry
- Virtual terminal or cloud environment hosting
- Auto-login to the interface to deploy the bots
- Scraping solution compatible with a variety of frameworks such as .Net, Java, Flash, PDF, Legacy, and SAP
RPA Tool #2 Blueprism
Blue Prism RPA Tool has been named a Leader in the Robotic Process Automation Software industry. Blue Prism RPA automates repetitive, manual, rule-based back office processes and believes in a “code-free canvas” for training your bots to emulate humans. It uses AI and machine learning to constantly train RPA bots to become more and more adept at handling instructions and understanding end-user expectations.
The tool is designed with a convenient drag-and-drop feature. BluePrism also maintains digital exchange of services and technology with other third-party providers wherein plugins and add-ons can be purchased to make the RPA tool more effective.
Some of the features of BluePrism that make it a preferred RPA solution, include:
- Easy implementation – The duration for end-to-end implementation and integration with your existing IT framework takes anywhere between 4 to 6 weeks.
- Security – The tool has a secure and centrally managed virtual network of software robots that is encrypted.
- It has an efficient work distribution method in which tasks are queued in the order of priority and tackled one after the other.
- It has a host of robust features such as process auditing and load balancing.
- Control Room – Real-time feedback is offered and used to improve existing processes.
RPA Tool #3 Automation Anywhere
Automation Anywhere RPA Tool has a bot store that offers tools to automate standard tasks including data extraction from spreadsheets, files or web pages. Their bots are also capable of taking care of customer feedback and issue tracking by storing information in databases. They can also be deployed for invoice processing and other routine tasks. Automation Anywhere also offers a free “community edition” for small businesses with a limited workflow.
RPA Tool #4 Nintex RPA
After their acquisition of EnableSoft (maker of Foxtrot RPA), Nintex has been making great strides in the RPA revolution. With Nintex RPA Tool, you can leverage trained RPA bots using a simple drag and drop interface and without having to code. A key advantage of the solution is that you don’t have to pay for the number of bots or new processes you deploy. You will be charged only for the processes you automate. The solution provides 300+ actions with which you can connect with a variety of legacy apps, spreadsheets, websites etc., and get tasks automated.
RPA Tool #5 Microsoft Power Automate
Previously known as Microsoft Flow, Microsoft Power Automate RPA tool integrates seamlessly with Office 365, making it an excellent choice for businesses already using Microsoft products. It extends automation capabilities to both modern and legacy applications, and with UI Flows, it brings RPA to new levels by automating tasks on applications that don’t provide APIs.
Some features of Microsoft Power Automate include:
- Low/no-code experience for creating automation workflows
- Seamless integration with Microsoft 365 and Azure
- RPA bots for automating processes across legacy and modern applications
If you plan to migrate or implement Robotic Process Automation (RPA) in your organization and need expert guidance, please contact Acuvate for a personalized consultation. You can also learn more about our RPA services.
