Blue Prism Share Discussion Threads

[janeann] 05/1/2017 13:48

if like me you aren't aware of the relationship between thoughtonomy and prsm .......


Tech Market View – “Thoughtonomy gets Blue Prism Thinking”

In News January 23, 2014

had a very interesting conversation with Thoughtonomy this week – a new automation software player launched in June 2013 by former IPsoft UK MD CEO Terry Walby. Thoughtonomy is making a play to introduce automation into IT support functions like service desk activities and infrastructure management.

Walby set up Thoughtonomy because he found customers don't wanlt to implement end to end service management technology. But rather want ‘something more specific’ to automate discrete activities.

Thoughtonomy is particularly interesting because of its partnership with robotic automation software provider Blue Prism – a company we see having great potential in automating discrete business process activities (see Blue Prism – a game changer in the making?). Both companies are going after different parts of the market. Blue Prism targets the ‘long tail’ of rules-based back office clerical processes with its automation technology (the domain of the BPO players), while Thoughtonomy is targeting IT support, typically the domain of the ITO providers. This makes them complementary to one another – and so Thoughtonomy should expand Blue Prism’s addressable market opportunity.

Thoughtonomy will use the core Blue Prism technology to create a series of object components that can be reused across different customers, and which are put together to create decision-tree based workflows – effectively creating point process automations. What makes IT support particularly attractive for Walby is that he sees most IT support functions being standardised, and common across companies - so there should be plenty of scope for reuse. It is these objects and workflows which will also become Thoughtonomy's intellectual property (IP).

Target areas are manual support activities like inbound call requests, monitoring and diagnostics, ticketing and escalating. Walby gave the example of how it can be used to automate administering username and password resets, which are time consuming. While he still sees the need for call handlers, the actual IT processes can be automated so that response time can drop from 10 minutes typically to around 30 seconds.

The theory is all pretty impressive. We look forward to some real case examples once initial pilots and prototypes are completed.

[hazl] 05/1/2017 11:50

I suspect that many people are awaiting results and got in early in anticipation.

[hazl] 05/1/2017 11:25

I predict this will be a well known firm in future years.

[hazl] 05/1/2017 10:38

On a purely technical stance,useful on shares in general,I tend to look at the size of individual sales and see if they are large or small.
Is it big guys or little ones selling,for example?


Can be indictative.

IMO

[hazl] 05/1/2017 10:19

Exactly.someuwin
Again look at the size of trades going through.




IMO

[panic investor] 05/1/2017 10:16

excellent news, will get them firmly on the radar with other companies

[someuwin] 05/1/2017 10:09

Amazing...

"...The alliance combines Accenture's global reach and cross industry expertise with Blue Prism's RPA software robots to provide the next generation of the "digital workforce." As part of this, Accenture plans to certify more than 600 professionals on Blue Prism technology and implementation to provide critical advice and guidance to companies navigating a complex automation landscape."

[djbilywiz] 05/1/2017 10:05

I'm in with a small speculative amount today.

[hazl] 05/1/2017 10:05

Explains some of the interest yesterday perhaps,apart from N Y's tips?
Let the trend be your friend as they say.

IMO

[saucepan] 05/1/2017 09:45

Excellent; quite a stock.

[someuwin] 05/1/2017 09:40

There's no stopping this one.

[pyglet] 05/1/2017 09:31

Just more great news and shows no sign of slowing down on the contrary, Blue Prisms RPA software looks set to take over the back office industrial world.

[hazl] 05/1/2017 09:07

RNS OUT

Partnership with Accenture results in provision of RPA solutions to over 40 organisations

Blue Prism (AIM: PRSM), a global leader in Robotic Process Automation ("RPA"), is pleased to announce that its partnership with Accenture (NYSE: ACN) has to date resulted in the provision of RPA solutions to over 40 organisations. These organisations, which cover a number of industries, are using RPA to automate a wide range of business processes for reduced costs, improved compliance and increased productivity.

[mirabeau] 05/1/2017 09:04

Interesting

[pyglet] 04/1/2017 14:19

rubberbullets - 28 Dec 2016 - 14:15:31 - 430 of 476 Die Roboter - PRSM
These kinds of buisnesses trade on 6x sales so £10 not too bonkers imho

So are you ramping or deramping?

[rubberbullets] 04/1/2017 13:29

think this will fall on results

very overpriced and i expect directors to dump

[hazl] 04/1/2017 13:25

I had ARM at 100 pence a share long ago.
If I had kept that share through its journey I would be sitting pretty now.
Hopefully you get older and wiser.
I have realised that I regret the shares that I sold too soon more than losing out on the odd profit.
I feel I recognise in this
firm similar qualities of cost-saving efficiency in a disruptive industry.
That is why I continue to keep this share rather than taking profits.

IMO

[hazl] 04/1/2017 11:18

Petewy thank you for your support and encouragement.
None of us can be certain of how the general market will pan out, nevermind individual companies.
However we have spoken many times about this technology, the future AND the fact that it seems to be a clear leader in its field.
It cannot have as many costs as some firms as its software-based.
They have brought work forward that was destined for 2017 so they must be working quickly and efficiently.

As you rightly say the proof of the pudding is in the eating so roll on results!

Happy new year to you petewy 8-)

I M O

[petewy] 04/1/2017 10:32

I got in this share in August when it spiked from 150p to 220p and then came on this site. It consisted of HAZL who must have a record of consecutive posts(8). He (she?) was on his own with news so I stayed in and then added. My only comment was to thank him (her) for infectious enthusiasm. I don't comment. These boards are not for chit chat but news etc which affect the share.
However THANKS HAZL.

[hazl] 04/1/2017 10:21

It's only natural when you have sold to hope it doesn't go up further .

Results could be very interesting.

A firm for the future,the best I've seen for a long time.


IMO

[davr0s] 04/1/2017 09:55

Me too - out at 500. Froth needs to come off again at which point "I'll be back"

[parvez] 04/1/2017 09:43

IMHO gone up too far too quick.....am out for the moment. Good luck to all those sticking with it.