Ciphix, a worthy challenger for large players in the RPA industry?

21

September

2021

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In the last couple of years, Deloitte, EY and Accenture have all built teams structured around delivering RPA solutions to the market. The companies saw an opportunity of rising digitalization and seized it. Their quick and decisive action has rewarded them with ample profits and growth, however, next to these larger organizations, there is a smaller player in the industry which can be seen as a rising star.

Ciphix is a smaller company, located in Rotterdam the Netherlands, with a size of +/- 40 FTE. The organization offers Robotic Process Automation, Artificial Intelligence and Conversational Automation solutions.

Furthermore, Ciphix has several partnerships with suppliers of software such as Dialogflow, Enate UI Path and most interesting, Google Tensorflow.

The company serves several clients in the healthcare industry, among which are well known names such as the Erasmus MC. Additionally, the organization also offers to provide educational workshops in which they give organizations the option to train their own staff in order for them to become RPA developers.

Next to their services, Ciphix has a well thought out marketing strategy. The company constantly emphasizes the mentality of their developers in their online presence as they claim they are ‘’problem solvers with a purpose’’. Furthermore, they promise to be able to ‘’“build your digital workforce’’ through will they will automate manually and repetitive tasks.

Weaknesses of the organization is that Ciphix currently does not have the same resources or the name of the larger players in the RPA industry such as Deloitte, EY or Accenture. If they truly want to be involved in the big league this is one of the things the organization has to work on.

Nevertheless, Ciphix is a rising star and a name to watch in the coming years. The company might very well pose a viable threat for the BIG4 companies that are active in the RPA space.

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Is Low Code the RPA Killer?

15

September

2021

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Robotic Process Automation has seen a rise in popularity and usage in the past couple of years, and is becoming a more widely used and accepted solution for organizations to automate manually and repetitive tasks.

However, there might be a challenger lurking. A more recently developed solution which has seen rapid growth and adoption in the past years is low code. This solution offered by companies such as Mendix and BettyBlocks, can provide similar solutions, and fulfill the same need as RPA, but by different means and on a different level.

RPA is standardized and largely focusses on automating repetitive and standardized tasks that are normally carried out by humans, linking different systems with each other, and leaving the existing infrastructure intact.

Low code, however, is a form of software development which is geared towards visually designing applications and offers a development speed increase of 6 to 10 times in comparison to RPA.

In comparison to RPA it is more easy understand, implement and use. Next to linking software systems, low code has the ability to replace existing software or IT, making it a much more far reaching product. This comes with additional perks such as the possibility to build customized apps and less time spent on maintenance (due to faster development).

The downside, however, is that the basic solutions offered to companies are also much more financially expensive in comparison to RPA. With a minimum of 20K for a license excluding 60 to 80K euro costs for the development of a single app. This is relatively expensive compared to RPA where the price for one robot starts at 20K. Making low code a less attractive option for organizations with a limited budget.

Reputation wise, low code also still has a long way to go, not all organizations are aware of the possible opportunity low code presents, whereas RPA has already seen extensive multiple extensive marketing campaigns, making it a well-known and established solution in the market.

Nevertheless, an exciting time in the industry and a good moment to be watching news in the information technology sector!

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