Blue Prism Share Discussion Threads

[nimbo1] 15/5/2017 16:59

hxxp://www.wonderbotz.com/blue-prism-world-in-nyc


Every year over 200 Million hours of work are executed on Blue Prism robots. We’ve been winning over the toughest and most demanding enterprise customers, in the most heavily regulated industries, since 2008. That’s because our platform easily automates mundane, repetitive, clerical tasks with software robots while not compromising on security, performance, scalability or compliance.

Come learn how Prudential & BNY Mellon are utilizing Blue Prism to achieve their business goals at Blue Prism World in New York on June 7th.

Did you know?
More than half of the Global Fortune 500 companies in Banking and Insurance use Blue Prism as their core Enterprise RPA platform.
Prudential (a keynote speaker in NY) chose Blue Prism as their enterprise RPA platform as it was the only vendor that fitted their needs for security and governance.
Barclays Bank has been running several hundred Blue Prism Robots since 2008.
BNY Mellon (a keynote speaker in NY) overwhelming chose Blue Prism with an 86 category vendor evaluation criteria.
Co-op Bank, automates over 100 different processes on their 200+ robots saving approximately $50M a year.
At npower, two people manage 350 robots that autonomously execute 2 million hours or work a year.
Blue Prism clients have implemented numerous solutions to help stay compliant with SOX, HIPPA, PCI and other standards.

If you’re interested in automation or the future of work, this is one conference you won’t want to miss. Blue Prism World 2017 will give you access to industry thought-leaders, senior IT execs and leading academics on RPA technology. Come network and share leading practices with your peers as well as get hands-on training from Blue Prism product experts.

[hazl] 13/5/2017 18:08

combined with this.....

[nimbo1] 13/5/2017 14:07

Hi all, while the 7 month old sleeps I've been doing more reading on BP. Has research like this been posted before? Ive never seen a new technology being adopted so quickly (hence all the profit upgrades)...I suppose you all do or wouldn't be here but I believe this is a multi billion pound company in the making. Probably within a couple of years due to the fact it takes so little time to implement.

hxxp://marketsmedia.com/banks-invest-robotic-process-automation/

Japan has launched a utility for investment banks to incorporate robotic process automation in post-trade operations as banks increase investments in a digital workforce.
Nick Fry, director at Sapient Global Markets, told Markets Media that most banks are investing heavily in robotic process automation to enable a digital workforce to mimic simple repetitive human tasks, such as reconciliations or data input.
“They can free up headcount, increase accuracy and scaleability,” Fry added. “One firm reported a tenfold increase in efficiency after introducing RPA.”
Nomura Research Institute said in a statement that its Prime Settlement Service, Japan’s first utility for investment banks, will incorporate robotic process automation to replace manual processes for post-trade operations from this month.
For payment record processing, each data file was received through email and manually uploaded to back-office systems before being manually reconciled. The process is being automated to remove the potential for human errors and increase volumes using the technology provided by UK-based UiPath.
Michiko Matsubara, PSS Group Manager of Nomura Research Institute, said in a statement: “The automation of post-trade operations is one of most consistently in-demand upgrades that we receive from our customers. Investment banks are looking to create the most efficient environments possible, and freeing up their teams from grating and time-consuming tasks through innovative technology solutions is the first step towards upgrading a workforce.”
In January this year Accenture and Blue Prism, a provider of enterprise robotic process automation software, said more than 40 organizations are using them to introduce RPA including Raiffeisen Bank International.
Raifeissen Bank International said in a statement it worked with Accenture to implement Blue Prism technology to automate business processes in four countries with further roll out planned in 2017.
Markus Stanek, head of group efficiency of Raiffeisen Bank International, said in a statement: “We had been considering RPA as a way to accelerate business results, but we needed a solution that could be housed internally, scale rapidly, and be up and running within two months.”

[hazl] 13/5/2017 14:05

thanks to poster on l s e.

[janeann] 12/5/2017 10:50

Thanks sogoesit - I do appreciate that. I did add a few on a limit bid earlier this am. The point I was making was I could sell quite a few instantly but only buy on a limit bid.

[rogerbridge] 12/5/2017 10:09

If this was an American company, founders, institutions and investors would be in for the long term, Apple, Google, etc. This British fixationon building a company up so it can be sold on drives me mad. Hopefully PRSM will continue to grow on it's own account.

[sogoesit] 12/5/2017 10:08

Oh, you should be able to jane. There are trades going through in sizes as low as 50... right now.
If you're trying to trade "at market" you might not. You would need to set a limit (outside the offer by a bit) and you should then get an instant quote.

[janeann] 12/5/2017 10:03

well I cant get a quote to buy 100 online but can sell my entire holding ; I would like to think they are short of stock.

[sogoesit] 12/5/2017 09:32

Accumulated today @ 747 ... the Jumbo Jet variety!!

[hazl] 11/5/2017 22:07

I agree with sogoesit.
I've been disappointed before when a company has been taken out.
Even worse if it happens after a market crash or the company is in a sector that has gone through a lull and they get it for a song.


You only have to look at their website and view their list of events,the places they are giving talks and the calibre of the participants to see this is a very different company with a very superior leading-edge.
Well those are my thoughts anyway.

[runthejoules] 11/5/2017 21:33

Sogoesit, it's not really worth worrying about as if a company is taken out depends on so many externals - exchange rates, sp, fit within a larger company's ecosystem - it's not like we get to decide on it.

All I know is, stick with a good company and see where it goes unless it obviously becomes obsolete. I sold out of ARM a week before it got taken over as, as a novice, I thought the share price was crazy. Still, kept my Mum's at least.

[sogoesit] 11/5/2017 21:14

As a PI it always worries me when there is talk of a company being taken out.
To find innovative growth companies as a PI, without access to early pre-IPO or even IPO status, and not have the value already taken away, is very difficult.
To then invest in them and have the growth opportunity taken away early is really annoying and disappointing since finding replacements is then even more difficult.

My view is that folks seeking a take-out "early" are cutting their noses off to spite their faces...
Yes, sure, you may sell-out with a 3 times or 5 times gain, or even 10 times, but if its only done in a few years of the company's opportunity, whose business could stretch to decades, think of the lost opportunity of that value disappearing after a relatively short period of time.
Why give away that investment return "early"?

Of course, if owners sell "early", one wonders what their aspirations were in the first place or if the business was really that great at all.
(Accepting that "early" is relative and always a judgement).

Does that make sense?

[dan_the_epic] 11/5/2017 21:09

I totally reserve judgement till after the CMD where they have their solutions on show. I might be blown away by them!

[dan_the_epic] 11/5/2017 21:08

I think a separate point you have to consider is that a sale would likely have been considered as an option during the IPO process, but for reasons x,y,z the management didn't favour that route

[moonboots222] 11/5/2017 21:04

As an example, Accenture recently acquired Kamarama, a 250-strong company for approximately £50m. Blue Prism has roughly 200 staff. It's not the size of the company that matters but the strategic value in acquiring that company that informs the decision.

[moonboots222] 11/5/2017 20:56

Dan, you seem to be placing far too much emphasis on the size of a company in the decision making process for a TO. Surely there are many other factors to consider above size; market share, IP, skillset and experience of employees, reputation, maybe it makes more sense to bring a small agency in house than to buy from them. The list could go on.

[darola] 11/5/2017 20:46

Plenty of opportunity. Taken from an article on iii

"In 2016, the AI market was $643.7 million (£498.3 million). By 2025, it is forecast to grow to $36.8b"

I said earlier I reckon PRSM can increase 10x from here.

[dan_the_epic] 11/5/2017 20:36

Eh9. To suggest that this would make a good acquisition for IBM is crazy. This is far too small a company, plus there are far more sizeable companies already operating in this area, not to mention some of the largest capital goods companies in the world.

The bigger question is where Blue Prism will fit into the equation (if at all).

[darola] 11/5/2017 12:22

Indeed. My portfolio is diverse, and it's hard not to be seduced when you get a flyer - but that's gambling not investing....

[hazl] 11/5/2017 12:01

This is a beauty though.

[hazl] 11/5/2017 12:01

I have one that might be the exact opposite Darola.....but I still think the potential will be worth the wait.....SXX.
It will take a while but it's good to have a variety of stocks because you never know.

[darola] 11/5/2017 11:46

This shares a bit irritating in that regard. I'm in for the long term - plenty of years till I can get at my SIPP - but it's performance is so amazing I can stop watching it!

[hazl] 11/5/2017 10:39

Stocks are always about the future RTJ.
You can see firms post results for the year that appear to be very good,but their outlook is the thing to look for.
If that's questionable the shares will drop.
The past is the past.
This game is all about anticipation.

IMO