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Kofax extends Robotic Process Automation leadership

Thursday 21st September, 2017

Kofax has announced that its robotic process automation platform Kofax Kapow™ is driving growing demand in the robotic process automation (RPA) market.

According to a recent report from analyst firm Forrester, the RPA market was valued at $250 million in 2016 and forecasted to reach more than $2.9 billion in 2021.

With hundreds of thousands of Kapow software robots deployed at more than 500 enterprise customers, BPO providers and shared service organisations around the world, Kofax has enabled exceptional results in operational efficiency, customer responsiveness and cost savings.

Kapow’s automation capabilities are being leveraged across a wide range of use cases including customer and employee onboarding, banking, insurance, supply chain, logistics, finance and accounting, marketing, and customer service.

Kapow runs all robots on a centralised server. These smart robots interact seamlessly with applications, trigger responses, and communicate across enterprise systems such as SAP or Oracle Financials, web sites and desktop applications such as Excel. Kapow robots can be implemented without complex coding or lengthy development cycles, which speeds project deployments and increases ROI.

Kapow has been recognised in a number of RPA reports published by many notable analyst firms, including 451 Research, Aragon, Celent, Everest Group, Forrester, Gartner, HfS and Tractica.

Kofax has more than 125 certified partners in its global channel partner program to address increasing demand for robotic process automation, particularly in the financial services and logistics sectors where RPA is ideally suited to mimic manual employee tasks and drive continuous operational improvements.

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