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Logo as of 2017
|Founded||July 26, 2001|
|Founders||David Moss and Alastair Bathgate|
Blue Prism is the trading name of the Blue Prism Group, a UK multinational software corporation that pioneered and makes enterprise robotic process automation software to eliminate low-return, high-risk, manual data entry and processing work. Blue Prism is headquartered in Newton-le-Willows, Merseyside, UK with regional offices in the US and Australia. The company is listed on the London Stock Exchange AIM market.
Blue Prism was founded in 2001 by a group of process automation experts to develop technology that could be used to improve the efficiency and effectiveness of organisations. Initially their focus was on the white collar back office where they recognised an enormous unfulfilled need for automation. The company was co-founded by Alastair Bathgate and David Moss to provide a new business-led, more granular and economic approach that today is known as robotic process automation, or RPA. In doing so Blue Prism created a digital workforce. In 2003 Blue Prism's first commercial product was launched. Co-operative Financial Services began using Blue Prism software in 2005, to automate manual processes in customer services.
Robotic Process Automation
Robotic process automation (RPA or RPAAI) is the application of technology that provides organizations with a digital workforce that follows rule-based business processes and interacts with the organisations systems in the same way that existing users currently do. Blue Prism coined the term "robotic automation" in 2012.
On March 18, 2016, the company floated on the London Stock Exchange AIM market, becoming a public company. With a market capitalization of £48.5 million, Blue Prism underwent an IPO in March 2016. The company's shares rose 44 percent on the first day of trading on AIM, under CEO Alastair Bathgate. Customers include O2, Co-operative Bank and Fidelity Investment Management. By November 2016, it had offices in Chicago and Miami, as well as the United Kingdom.
On January 6, 2017, Blue Prism announced it would open new offices in Austin, Texas, while remaining based in London. At the time, it employed 86 people worldwide. In March 2017, a group of shareholders sold stakes in Blue Prism. At the time, Blue Prism remained based in Merseyside. In June 2017, Blue Prism announced that a new version of its software would run on public clouds such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform. Previously, the software had run on customers' own servers.
Blue Prism technology
Blue Prism is built on the Microsoft .NET Framework. It automates any application and supports any platform (mainframe, Windows, WPF, Java, web, etc.) presented in a variety of ways (terminal emulator, thick client, thin client, web browser, Citrix and web services). It has been designed for a multi-environment deployment model (development, test, staging, and production) with both physical and logical access controls. Blue Prism RPA software includes a centralized release management interface and process change distribution model providing high levels of visibility and control. Additional control is provided to the business via a centralised model for process development and re-use. The software supports regulatory contexts such as PCI-DSS, HIPAA and SOX, with a large number of controls in place to provide the necessary security and governance.
Blue Prism supports only "back-office" unattended robots and does not offer attended "front-office" robots.
The main competitors in the robotic process automation market include UIPath and Automation Anywhere. The independent market research company Forrester Research identified these three companies as leaders both in terms of their market presence as well as the quality of their offering in a 2017 study. 
In April 2018, industry analyst firm Wikibon attempted to test robotic process automation platforms noting: "we contacted three RPA vendors — Automation Anywhere, Blue Prism, and UiPath — to test and validate each of these propositions. Only one vendor, UIPath, responded."
The digital workforce
Blue Prism's digital workforce is built, managed and owned by the user or customer, spanning operations and technology, adhering to an enterprise-wide robotic operating model. It is code-free and can automate any software in a non-invasive way. The digital workforce can be applied to automate processes in any department where clerical or administrative work is performed across an organization.
Business and markets
Blue Prism has been deployed in a number of industries including banking, finance and insurance, consumer package goods, legal services, public sector, professional services, healthcare and utilities. 
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