Independent Research Firm Names Kryon as a Strong Performer in Robotic Process Automation, Q2 2018 report

NEW YORK, June 28, 2018 /PRNewswire/ -- Kryon, a leading provider of intelligent Robotic Process Automation (RPA) technology, today announced the company has been recognized as a "Strong Performer" in The Forrester Wave™: Robotic Process Automation, Q2 2018 report, an evaluation of top Robotic Process Automation (RPA) vendors by Forrester Research Inc., a leading global research and advisory firm.

The Forrester Wave™: Robotic Process Automation, Q2 2018 report identifies and evaluates 15 of the most significant RPA vendors, based on a 30- criteria including current offering, strategy, and market presence. Kryon received the highest score possible for "Innovation and Market Approach" and "Product Road Map and Differentiation."

Forrester noted that the RPA market is fast moving: "In a short 12 months, features that stood out in our 2017 Forrester Wave™ are now table stakes." As the market matures, providers are distinguished by analytics, deployment efficiency, scale, and governance.

According to the Wave report, "[Kryon's] Bot deployment efficiency with intelligent queue management and hybrid support (combining attended and unattended support) are strong in the product." Forrester also acknowledged Kryon's advancement of its analytics capabilities to address market need for broader process improvement and strong analytics roadmap. Kryon received among the second highest scores in the current offering category in the 'bot development/core UI/desktop functions' and 'RPA analytics' criteria.

Another area highlighted by Forrester that lifts value from RPA is text mining applied to unstructured content. According to Forrester, leading vendors stepped up their game with partnerships or native extensions. Forrester stated in its profile of Kryon that, "progress is evident for [Kryon's] unstructured content use cases, with a strong ABBYY integration."

"The past year we have witnessed explosive growth both in the RPA market and on a company level," said Kryon CEO Harel Tayeb. "We are proud that Forrester recognized us as a Strong Performer in an evaluation of our current product offering, which includes our Smart Analytics and Hybrid RPA solutions, but what we believe  truly sets us apart is our single-mindedness to being the most innovative and disruptive RPA vendor on the market – as proven with our latest launch of Kryon Process Discovery. Going forward, we will continue to serve the enterprise market with the best RPA solutions to drive the success of the business." 

To learn more about Kryon, please visit www.kryonsystems.com.

ABOUT KRYON
Founded in 2008, Kryon delivers innovative, intelligent Robotic Process Automation (RPA) that speaks the language of business. This understanding of enterprise operation yields solutions that enable true digital transformation. Our automation solutions are constantly evolving to unlock a company's potential for growth and high-quality performance. Our Hybrid Automation enables virtual and human workforces to work better together, so enterprises can fully automate business processes end-to-end. And, our AI-driven Process Discovery solution helps organizations identify all the processes they should automate and automatically creates automation workflows in the Kryon Studio. Leading global enterprises such as Microsoft, Allianz, DXC Technologies are leveraging Kryon's AI-powered platform to drive digital transformation and operational efficiencies.

SOURCE Kryon