Blue Prism Share Discussion Threads

[christh] 19/6/2019 12:38

FMR LLC have increased their holding today from 5.62% to 5.75%



Also read
Blue Prism Completes GBP80 Million Acquisition As Sales Rise Sharply

[fuji99] 19/6/2019 12:33

Will they issue shares to cover the acquisition ?
if yes, what will they do with the money they raised before ?
How this affect the share price ?

[borg45] 19/6/2019 11:09

Totally overdone will bounce back shortly

[walkermike1] 19/6/2019 11:06

Doesn't deserve to be 14% down, surely.

[sogoesit] 19/6/2019 10:20

"expand its offering" in marketing to "mid-tier" companies is not the same as developing "tech capabilities".
Why confound the two?

[christh] 19/6/2019 08:43

Blue Prism’s global ambitions
-------------------------------------------
Earlier this month, Blue Prism announced that it is opening a new office in Stockholm, Sweden, to support growing demand in the Nordics for it connected robotic process automation (RPA) platform.

The new office will cater to its growing list of clients that includes companies like Ericsson, Nordea Bank and Volvo, with all of them eager to leverage intelligent automation technology.

‘We already have a strong footprint in the Nordics and have seen more than 100 percent growth in these countries, with many customers embracing automation to drive meaningful digital transformations,R17; EVP of Northern Europe for Blue Prism Robert Ekstrom said.

‘By committing and adding more local resources to this growing market, we're ensuring that both our partners and customers are successful. It is time we accelerate our market share in the Nordics.’


Blue Prism partners with CognitiveScale to grab larger share of IPA market
------------------------------------------------------------------------------
Blue Prism has extended its connected-RPA capabilities to include AI-powered chatbots, alongside workflow and data synchronisation solutions via a Software-as-a-Service (SaaS) model by partnering with CognitiveScale, Kore.ai and Shibumi.

‘Each month Blue Prism adds a few key technology partners that show us the art of the possible with our digital workforce,’ Linda Dotts, SVP Global Partner Strategy and Programs for Blue Prism said.

‘Our connected-RPA platform provides a bedrock foundation for enterprise customers looking to drive innovation through new intelligent automation capabilities. This latest group of technology partner affiliates highlights the depth and breadth of our rapidly evolving ecosystem.’

[fuji99] 19/6/2019 08:40

As usual, severe reaction to the results to pick the stock cheaper.

[christh] 19/6/2019 08:34

Blue Prism Continues Global Expansion Opening New Office in Sweden
June 11, 2019

[christh] 19/6/2019 08:27

Is Blue Prism the best growth stock on the UK market?

Digital workforce designer raises £100m to capitalise on significant growth opportunities.

[fuji99] 19/6/2019 08:08

Excellent overall results with a decent acquisition.

[hazl] 19/6/2019 08:06

thank you chris and bprocket for your technical views.

[christh] 19/6/2019 08:02

Alastair Bathgate, CEO of Blue Prism commented:

"I am very pleased to announce this strategic acquisition; which provides Blue Prism with a turnkey SaaS product which combines the power of the connected-RPA with a fully integrated suite of premium quality AI and RPA capabilities, on demand. The product is available to customers without the overhead of setting up a dedicated infrastructure and as a result is ideal in serving the mid-tier of the market. We believe that the cloud will grow in importance across our enterprise customer base, and this acquisition will also help further our development of enterprise-based cloud products."



The company will be paid in £63m in shares and the rest in cash in tranches.

Not expensive at all if it is generating revenues of GBP9.8m and growing.

Do your maths.

[bprocket] 19/6/2019 07:54

Thoughtonomy is and always has been Blue Prism’s partner in crime when it comes to training and up-selling.

They have never been direct competition but rather added value through their extreme well defined training approach and product support.

These guys will be the icing on the cake!

Dynamic / Agile and well seen in the RPA market.

There is no Tom without Jerry ;)

[christh] 19/6/2019 07:54

PRSM now becoming a very versatile company.
Cloud computing and solutions is the future of Business.
Very good venture, now it can incorporate this to its business and offer it to its existing customers.
It can become a one stop shop for small and corporate business.

Technology pushed to the limits along with intelligent strategy to maximise business
usage and big financial rewards.

Growing organically and by aquisition.
Results are very strong and soaring profits.

Hopefully it will hit £20 today

[hazl] 19/6/2019 07:44

Oh yes agree sogoesit...there is no point in trying to take out the competition in my view,big companies and all that.
They are imaginative people so they needed an extra edge.

Well, acquisitions,multibagger are considered a risk by the market, so as I say will be interesting to see how the market sees it but I think it was necessary in my layman's view.

[sogoesit] 19/6/2019 07:29

Hazl, on a quick read of the Thoughtonomy RNS it appears that this addresses different (smaller) company size market segments without the need in establishing a full in-company infrastructure (so-called “mid-tier̶1; companies).
It also will develop into cloud based distribution.
So, strategic market enhancement rather than taking out the competition.
AIMV and sure someone will enlighten me further.

[multibagger] 19/6/2019 07:27

I'm not too sure market will react positively to today's results or acquisition news. I think it is an expensive acquisition.

I think a drift of share price to around £15 possible. Let's see what happens.

[hazl] 19/6/2019 07:24

Be interesting to see how the market reacts to it.

[hazl] 19/6/2019 07:22

I'm no expert either sogoesit but they did have to extend their reach, I believe, but of course it cost real cash!

[hazl] 19/6/2019 07:20

....directly addresses the mid-tier market,too.


This is interesting from the final results.

' Investment continues into delivering the six skills that drive intelligent automation

- 37 Technology partnerships with vendors including Microsoft, Amazon and Google

- Expanding Blue Prism Labs in London, PhD level heads introduced to drive the AI roadmap forward

- Launched Decipher, an AI powered document processing tool that can actively learn, announced in May 2019

- Launched Digital Exchange version 2, with increased adoption - 2,600 users, across 512 customers '

[sogoesit] 19/6/2019 07:14

Growth in customer numbers appears now to have improved from last year. Now above the 1,000 level at 1,337 without burning too much cash.
Exit run rate approaching £100m (£91.4m).
Looks more positive than last year imv.
(Not sure about the Thoutonomy acquisition as I’m no expert in this field).
In short, pretty encouraging imv.

[hazl] 19/6/2019 07:13

I thought they might have something else up their sleeve!
What an interesting Acquisition Thoughtonomy!

They knew that they had to branch out.
Excellent.

[christh] 18/6/2019 16:05

Will it open up at £20 tomorrow?

probably yes because of the activities in the company....

There might be a rush to Buy before closing

[fuji99] 18/6/2019 14:44

Regardless on how the market will interpret the results tomorrow, the most important factor for long term investors to note will be the forward looking growth projections in the sector and the amount of business/clients BP is winning.