Kryon Partners With IRPA AI, Addressing Gaps in RPA Implementation
10 December 2018
NEW YORK, Nov. 29, 2018 /PRNewswire/ -- Kryon, a leading robotic process automation (RPA) solution provider known for its unmatched technology for quickly identifying and automating business processes, and IRPA AI, the first and largest association dedicated to RPA and Artificial intelligence education, implementation and networking today announced a partnership to leverage Kryon's process discovery technology to help fuel its process lead automation whereby Kyron's process discovery technology will help fuel IRPA AIs process lead automation services and related initiatives launching in 2019.
IRPA AI members are beginning to realize that just throwing technology at a process does not deliver anywhere near the optimal efficiencies they are seeking. An effective approach is one that leads with process discovery, baselining and KPI development. IRPA AI's Process Lead Automation service offering allows leaders to quickly, accurately and cost effectively assess where they are today and define a pragmatic path forward. The combination of IRPA AI's expertise and methodology and Kryon's Process Discovery™ delivers a comprehensive service to our members and non-members alike.
Working with its community members, IRPA AI will co-market both Kryon's process-led technology solutions – the only solution created by an RPA provider that automatically identifies a company's automatable processes, evaluates them and recommends which ones to automate. Kryon's customers and IRPA AI's members will benefit from the partnership's intersection of thought leadership and innovation, as new ideas are shared, and powerful technologies are introduced to address current and future business imperatives.
This partnership is especially (promising because a significant portion of companies' automation potential currently goes unnoticed and unrealized – a problem addressed by Kryon Process Discovery. In addition to automatically identifying, evaluating and recommending processes suited for automation, this solution creates fully functional workflows enabling robots to perform each identified process. Companies using Kryon Process Discovery have been able to implement RPA five times faster than the industry average, saving valuable time and money.
"Our members are always seeking new and innovative approaches to automation and ways to achieve greater efficiencies through emerging and disruptive technologies," said Rohail Khan, President of DEX – IRPA AI's Global Digital Solutions Exchange. "I am excited to collaborate with Kryon and help us educate our global community in areas like Process Led Automation where we know many of them are beginning the journey and are looking for guidance and expertise. Many of our early adopter clients are also struggling to achieve their targeted ROI, as there are innovative market solutions – coupled with more holistic approaches – that drive better results."
Research at IRPA AI's recent Intelligent Automation Innovation conference in London underscored the extent to which businesses struggle to determine the most promising processes. More than 60% of those surveyed, claimed that a manual approach to identifying processes for automation has caused a bottleneck. Additionally, almost 80% stated it to be "likely" or "very likely" that within the next 12 months they will implement evidence-based tools like Process Discovery to identify and select processes for automation.
"As RPA advances rapidly and its scope is revolutionized by Kryon Process Discovery, our team is eager to educate and collaborate with key business leaders in the market," said Harel Tayeb, Kryon CEO. "With a global ecosystem, IRPA AI provides an expansive community of professionals who wish to learn, evaluate, connect and transact with today's most innovative business technologies, we are excited about the opportunities that our partnership will generate for our worldwide customer base."
Kryon is a leader in enterprise automation, offering the only platform on the market which encompasses both Process Discovery and Robotic Process Automation (RPA). This end-to-end solution maximizes ROI and cuts implementation time by 80%. Powered by proprietary AI technology, Kryon Process Discovery™ automatically generates a comprehensive picture of business processes, evaluates them and recommends which ones to automate. Kryon offers desktop-based RPA, virtual-machine-based RPA or a hybrid combination of both. The company's award-winning platform is used by enterprises worldwide, including AIG, Allianz, American Express, AT&T, Ernst & Young, Ferring Pharmaceuticals, HP, Microsoft, Santander Bank, Singtel Optus, Verizon and Wyndham Hotel Group.
About IRPA AI
Founded in 2013, the Institute for Robotic Process Automation and Artificial Intelligence (IRPA AI) is an independent professional association and knowledge forum for the buyers, sellers, influencers and analysts of robotic process automation, cognitive computing and artificial intelligence. Our global network and advisory services offer leading-edge market intelligence, industry research, sourcing assistance, events as well as offer opportunities to learn and network with stakeholders across service industry functions. To learn more please visit www.irpaai.com.