Blue Prism Share Discussion Threads

[hazl] 21/4/2020 07:46

'Blue Prism logo

The "new normal" brought on by COVID-19 has placed an added importance on Digital Workers needed to automate mission critical tasks, from the medical frontlines to maintaining economic stability through automating the administrative activities of organizations across all sectors. The concept of a Digital Workforce provides a powerful enterprise resource that can be trained by business users and offer automation at the speed limited only by imagination.

"The goal was simple," says Jon Theuerkauf, Chief Customer Officer for Blue Prism. "We just wanted to help. From shifting to a fully remote workforce to maintaining business continuity, our RPA offering could make a difference. We are seeing plenty of uptake from customers and partners for this program. It illustrates how we are all in this together."

Blue Prism's COVID-19 Response Program'

[parvez] 21/4/2020 07:39

LONDON and AUSTIN, Texas, April 21, 2020 /PRNewswire/ -- Blue Prism's COVID-19 Response Program is at the forefront of the pandemic crisis helping organizations maintain business continuity and assisting those on the front lines of the health emergency. Launched in mid-March, the program already encompasses nearly 50 projects across multiple industries, and has donated hundreds of Digital Workers (software licenses) and thousands of service hours, helping alleviate the disruption caused by COVID-19.
The "new normal" brought on by COVID-19 has placed an added importance on Digital Workers needed to automate mission critical tasks, from the medical frontlines to maintaining economic stability through automating the administrative activities of organizations across all sectors. The concept of a Digital Workforce provides a powerful enterprise resource that can be trained by business users and offer automation at the speed limited only by imagination.


"The goal was simple," says Jon Theuerkauf, Chief Customer Officer for Blue Prism. "We just wanted to help. From shifting to a fully remote workforce to maintaining business continuity, our RPA offering could make a difference. We are seeing plenty of uptake from customers and partners for this program. It illustrates how we are all in this together."


Blue Prism's COVID-19 Response Program includes the following real-world customer examples:


Accelerating Vaccine Development
University of California San Francisco (UCSF): UCSF is the world's leading university exclusively focused on health. Professor Bill DeGrado, the founder and principal investigator at the UCSF DeGrado Lab, explores new techniques in the computationally complex problem of de novo protein design, a vital tool to craft new vaccines and therapeutics for pathogens. Due to the COVID-19 pandemic, the DeGrado Lab has broadened their focus to designing prophylactics, vaccines and therapeutics to help manage the SARS CoV-2 virus, the cause of COVID-19.


An extremely computer-intensive process, de novo protein design entails coming up with the right primary sequence of amino acids that will fold into the correct three-dimensional conformation that can attach to the virus to neutralize its abilities to infect. The lab is exploring how Blue Prism Digital Workers can be used to speed up the movement of data between applications, which is a slow manual process today. The Digital Workers would provide the ability to create new and flexible automation pathways that allow computer-based apps to run in different sequences. It allows Digital Workers to transform, sort, and categorize data using various AI techniques, which should result in a shorter time to design these life-saving molecules.


Managing Mortgage Deferral Applications
Leeds Building Society: One of the leading building societies in the United Kingdom, this organization enjoys a long history of helping people save money so they can buy their own home. Building societies have been identified as essential service providers during the COVID-19 crisis as they will be responding to service customers that need to trigger a government-approved mortgage holiday due to job loss or businesses closing. Anticipating a huge uptick in mortgage deferral requests, this Blue Prism customer needed to quickly expand its existing RPA process capacity. The mortgage deferral requests received by the call center are supported by Blue Prism Digital Workers to speed the process and improve customer experience.


"The additional Digital Workers are now live—the new mortgage payment holiday requests have exceeded 2,000 a day and this is all now being handled by our RPA solution," says Kevin Mowles, Head of Business Solutions for Leeds Building Society. "Our call center was facing unprecedented demand and answer times increased as a result. Once our web form with the new RPA capacity went live; calls have been reduced by 75 percent and speed of answer was cut to 21 seconds. The whole process is fully automated, so a better service for customers, breathing space for front line colleagues and the back-office processing teams. Prompt support has been invaluable. Well done Blue Prism!"


Blue Prism has also been engaged and working with the U.K.'s National Health System NHS, who are leveraging RPA to improve overall patient care.


About Blue Prism
Blue Prism's (AIM: PRSM) vision is to provide a Digital Workforce for Every Enterprise. The company's purpose is to unleash the collaborative potential of humans, operating in harmony with a Digital Workforce, so every enterprise can exceed their business goals and drive meaningful growth, with unmatched speed and agility.


Fortune 500 and public-sector organizations, among customers across 70 commercial sectors, trust Blue Prism's enterprise-grade connected-RPA platform, which has users in more than 170 countries. By strategically applying intelligent automation, these organizations are creating new opportunities and services, while unlocking massive efficiencies that return millions of hours of work back into their business.


Available on-premises, in the cloud, hybrid, or as an integrated SaaS solution, Blue Prism's Digital Workforce automates ever more complex, end-to-end processes that drive a true digital transformation, collaboratively, at scale and across the entire enterprise.

[christh] 21/4/2020 07:23

/04/2020 7:15amPR Newswire (US)

Blue Prism (LSE:PRSM)
Intraday Stock Chart


Tuesday 21 April 2020

Funding Strengthens Balance Sheet Allowing Continued Investment In Ongoing Product Development and Differentiation

LONDON and ;AUSTIN, Texas, April 21, 2020/PRNewswire/ -- Blue Prism (AIM: PRSM) announced today it has raised £100 million from existing and new investors, placing it in a strong position in the current economic climate. The funding will be used to further strengthen and protect Blue Prism's balance sheet during a period of uncertainty for the wider economy, while allowing continued investment in the innovation of its dedicated enterprise intelligent automation suite.

[christh] 21/4/2020 07:21

Funding completed succesfully
They have raised £100 million so all well

/04/2020 7:15amPR Newswire (US)

Blue Prism (LSE:PRSM)
Intraday Stock Chart


Tuesday 21 April 2020

Funding Strengthens Balance Sheet Allowing Continued Investment In Ongoing Product Development and Differentiation

LONDON and ;AUSTIN, Texas, April 21, 2020/PRNewswire/ -- Blue Prism (AIM: PRSM) announced today it has raised £100 million from existing and new investors, placing it in a strong position in the current economic climate. The funding will be used to further strengthen and protect Blue Prism's balance sheet during a period of uncertainty for the wider economy, while allowing continued investment in the innovation of its dedicated enterprise intelligent automation suite.

[sogoesit] 20/4/2020 16:43

And there it is...
What do ya know!

Those Robot Workers are in for a bonus of £100m. Lucky folks!

So, nearer 500... or 3000 tomorrow?

[sogoesit] 19/4/2020 10:56

Hi danny, good to see you.
You still short here; how many years now?

More than a double for me here so interesting reading the price guessing going around.
Waiting for 500 ... or 3000.
Wonder which will come first?

From an investment point of view am expecting possibility of an equity raise to boost confidence before putting some more funds here this fiscal year.

Good luck shorts and longs!

[dannyboylife] 17/4/2020 15:45

Appian now $5k/month for unlimited RPA bots. Now tell me PRSM are not going to be under immense price pressure from procurement going forward (and renewals) as the differences in capabilities narrow to irrelevance.

Did Appian use PRSM? Still using? hxxps://www.appian.com/news/news-item/appian-blue-prism-team-drive-digital-transformation/

[christh] 17/4/2020 07:23

Read the Metro today about How robots have taken over
Page 17-18

[johndoe23] 16/4/2020 22:32

No I'm not winding you up. Says basically they might have to do an equity raise as may not have enough funds...If share price hits below 1000p, good short to 800p and if that support breaks worth another...

[christh] 16/4/2020 22:27

Really, john?

Trying to wind me up? eh?

I have accumulated so many, my average price is £18

[johndoe23] 16/4/2020 18:25

He's basically saying it could be a good shorting opportunity...

[christh] 16/4/2020 12:48

From the Investors Chronicle
The Trader April 17 2020

Through the Blue Prism Michael Taylor

Through the Blue Prism
Blue Prism (PRSM) is a company that is engaged in robotic process automation, and licences software to other companies that are able to automate routine back-office administrative tasks. It sounds exciting, which may be the reason for its stratospheric share price rise in recent years.

UNFORTUNATELY NO LONGER SUBSCRIBED, WILL SOMEONE POST THE ARTICLE HERE

[dannyboylife] 15/4/2020 17:02

Windsor at least my posts are not just marketing plagiarized from the vendor themselves. I've told you before I am bringing balance to the equation that few seem to be able to factually counter without just more "marketing" - and so I'm sorry if the truth hurts. It shouldn't on a very open forum. And FWIW I've made a lot more than 210 posts if you count my other identifies.

[windsor430] 14/4/2020 22:03

Hey Danny... you’ve made 210 posts.
Know how many are on PRSM? Every. Single. One. Wow! Imagine if you put that negative energy into something positive. If you’ve got kids or a partner - spend more time with them, time is too precious to spend on a company you’re not invested in - monetarily or otherwise.

[dannyboylife] 07/4/2020 22:32

Gartner on RPA. 70+ vendors, pricing, future.

www.gartner.com/en/webinars/3981114/the-cio-s-guide-to-rpa-and-introduction-to-hyperautomation

[christh] 07/4/2020 14:26

Dow futures rally more than 700 points, adding to Monday’s sharp gains
Published Mon, Apr 6 20206:05 PM EDTUpdated 34 min ago
Fred Imbert
@foimbert
Yun Li
@YunLi626

Dow Jones 700 points upwards today

[christh] 07/4/2020 08:54

Next step heading to £13.00 and then higher to £18

the future is robots.
in industry, in education,in health etc all is Blue Prism business.

[sunnysideup1] 06/4/2020 14:01

Hmm. I wasn't too impressed with the update either. It basically said nothing about current order intake and said it's too early to know what growth they will deliver this year in the wake of COVID 19.

At the same time they have pulled the earlier guidance they gave to analysts.

So we are now in the dark though the chairman did chuck in a little crumb of comfort - basically that: we hope we can still deliver "good " growth this year but don't hold me to it folks. And tell you what we will be alright the long term.

So the chairman was spinning it like a ballerina at the Bolshoi in this statement.

Still, if the market recovers due to virus news, PRSM will bounce with it. But it's an open question how much you want to pay for a growth stock that at least in the short term goes ex-growth. DE-ratings can be savage. It has been doing that for almost a year and that process may not be over yet.

I happen to think that the company could be cheap (if it delivers say 30-50% revenue growth) relative to many US tech growth stocks which still trade on sales multiples of 10x, 20x even 40x.

But the US market is more liquid and those companies are much bigger in size and have bigger cash hoards and at least cash generative if not profitable.

PRSM is none of those things yet.

[blue prism is truly fcuked] 06/4/2020 11:46

why is this still at 1000p??

it is pathetic

should be 3000 now, if it is as good it is trying to pretend to be.

[dannyboylife] 06/4/2020 11:34

chaphillnc.. I too think BP is worth more than $1000/bot but once the seed is sewn with procurement, it gets closer to the norm. I see many bots of all vendors being shelf ware and that includes BP. Renewala are impacted. Better products to BP are in the higher price range but still 1/3rd of BP. $10k is not viable in a saturated market of similar products.BPs lead with security, cloud, control towers, AI, partners are all equally matched and even surpassed.

You will continue to believe what you will and BPs PR machine is very good but even their bots are being replaced by many other technologies.

[christh] 06/4/2020 10:47

where is fcucky?

has he got fcucked on his shorts?

This is heading higher to 1100-1200 short term

[christh] 06/4/2020 08:56

dannyboylife, amaretto1
did you say £5?

what happenned to your chart????????????????

this is going higher to £11

Thank God, I am not listening to you!

[bprocket] 05/4/2020 23:07

I thought so but thanks for confirmation. You spot on though their entire product is based on Microsoft Automation Flow. Is all open source, I even now people that build their own automation suite using the same tech. So yes UI Path mocking MS is like mocking their own basic tech.