Blue Prism Share Discussion Threads

[sogoesit] 08/7/2017 10:00

Hmmm, not sure there's been a marked tech rebound.
My MCRO shows the opposite. Unless they're both stock specific.
Nasdaq up a bit but not significant imv.

Bamboo chasing a nice triangle I see on the daily chart ;-)
A good record this chart pattern. Started my investment here on the 500 break-out from a triangle/wedge.

[hazl] 07/7/2017 22:38

we have definitely been helped by the change in sentiment towards tech stocks.

[bamboo2] 07/7/2017 16:00

janeann, cog looks interesting. will have a proper look at the w/end. thanks.

PRSM 850 to pay now for a reasonable amount.
This invh&s targets 950, but chart will make new, higher tp's on the way...

[janeann] 07/7/2017 10:00

yes; but not quite at 830 yet! just out of interest have you ever looked at cog - mentioned it a while ago?

[bamboo2] 07/7/2017 09:56

So far!

Buys at +830 will persuade any remaining shorters without a strategy to cover. imo

[janeann] 07/7/2017 09:41

well this has legs this morning; good call(so far) bamboo!!

[doubleorquits] 07/7/2017 07:56

Old Mutual have a number of funds. The one I hold (with Blue Prism in it) has performed really well over the last six months:



Edit: Top 10 holdings at the bottom of the page

[sogoesit] 06/7/2017 21:08

Old Mutual run a fund called UK Dynamic Equity. They have some pretty successful holdings.
Check their latest fact sheet here:

[janeann] 06/7/2017 20:33

Interesting - thanks for your post bamboo. Knew I should have followed old mutual and added!!

[bamboo2] 06/7/2017 20:18

Back in on todays turn. EOD close above 808 brings a tp equal to the ATH into view.

[djbilywiz] 05/7/2017 16:56

Another increase from Old Mutual! Not messing about IMHO, now above 8%.

[rampmeister] 05/7/2017 16:47

Looks like the dribble of small sells have been hoovered up by big buyer at close of play.

RM

[moonboots222] 04/7/2017 16:28

Old Mutual know they need a rocket of a share to make up for the effect of the Rand on their SP!

[hazl] 04/7/2017 16:22

Yes a good sign. IMO

[djbilywiz] 04/7/2017 16:18

RNS - Old Mutual increasing position recently.

[bamboo2] 03/7/2017 07:49

Darola, understand your point, but not holding PRSM the moment.

[darola] 02/7/2017 23:17

Bb2. Like your profits in BP if you don't balance the information. Confirmation bias is a physiological trait on bulletin boards, but read and reason with some of the other views, they might have a point.

[nimbo1] 02/7/2017 19:33

hxxp://www.afr.com/technology/enterprise-it/tech-dxc-giant-targets-870-million-aussie-robot-workforce-with-rpa-practice-20170526-gwe6ce

Tech giant DXC targets $870 million Australian robot workforce with RPA practice

As part of DXC's plans it will expand a global partnership it has with RPA vendor Blue Prism, and has relocated RPA expert Rajesh Nair to Australia, from its global Xchanging business to be ANZ head of RPA.

[dannyboylife] 01/7/2017 12:16

Whilst understanding BluePrism has a great product, I've been to BluePrism World, many RPA events and been in many sessions with Automation Anywhere, Uipath, Pega, workfusion and at least 5 others 1 on 1, with analyst / customer panels and the rest generally.

My point is the common theme in deals and overheard is license price. Many RPA vendors share the same customers (strange), and nearly all partners promote all of the top 6 vendors. What I'm hearing is fighting over price has become brutal as product differential is already blurred. Whatever you think.

Customers and prospects have high expectations, with procurement making final bargaining and thinking ahead on the cost.

[bamboo2] 01/7/2017 12:04

janeann

whirlpooljoe Member since: 30 Jun 2017

Yet another newbie.

My experience is that these will vanish as quickly as they appeared!

[buffetteer] 01/7/2017 10:34

Absolutely - a complete waste of time . When your customer numbers triple its obvious that your sales per customer will reduce. Some older customers have hundreds of PRSM bots so that's the potential . Price is £8k gross

[nimbo1] 01/7/2017 10:14

These things are very cheap for corporates to buy. Headline price for a bot is between $5,000 to $10,000. (i am sure I saw that on a slide somewhere). Yet the productivity gains and cost savings are transformational. Some Banks are rebuilding their entire IT ecosystems to work around RPA so that they can benefit now and integrate machine learning technologies and AI in the future.

If anything IMO Blue Prism look to be pulling ahead of the competition, especially as far as the large corporates are concerned who require security, accuracy, compliance and scale to provide after sales support. Avanade is a blue prism partner selling BP to enterprise customers. Majority owned by Accenture and Microsoft the marketing blurb which sums up Blue Prism says clients include Aegon, BNY Mellon, Commerzbank, IBM, ING, Maersk, Nokia, Nordea, Proctor & Gamble, Raiffeisen Bank, Seimans, Westpac and Zurich.

The cost to companies like the above is IMO irrelevant given it is delivering large savings and productivity gains. Most projects achieve ROI within 10 months (in the case of BNY's example) and 3 months in the case of Prudential Financial - Ann Delmedico said they began in October 2016 and by dec 2016 had 10 processes set up with a 1/2 million cost savings run rate.

If you start digging deeper into the marketing details form companies like KPMG you realise just how important RPA could be to global working practices -'RPA may be the final nail in the coffin for labour arbitrage. RPA has the potential to displace offshore clerical work in the same way machines displaced manual work in the 20th century, observed Michael Henry, principal, advisory, KPMG. In 1870 - 70-80% of the US population were employed in agriculture now it is less than 2%. RPA means the end of offshoring as we know it'.

Im not sure dividing revenue by client numbers is a worthwhile activity - most clients seem to start with between 1-10 bots for a few months to prove to themselves it works and then scale up.

[whirlpooljoe] 01/7/2017 10:12

Here's the HfS report dannyboylife cited - great find btw: hxxp://www.horsesforsources.com/RPA-marketsize-HfS_061017

Interesting graphs on PRMS's website: hxxp://blueprism.com/wp-content/uploads/2017/06/Blue-Prism-H117-investor-presentation.pdf

PRSM's revenue is 90% recurring so, looking at the charts on their website for in-year revenue, it looks like they're on track to almost double the total contracted revenue this year. Last year it was something like £30m. So if we suppose it's around £50m this year then that's half the market at $115m, no?

[hazl] 01/7/2017 09:24

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, HIP'

thanks to nimbo earlier post

from wonderbotz.com i

[buffetteer] 01/7/2017 09:19

Of course anyone punting in and out risks the very real possibility of being out when a bid comes along out of the blue . Aw we get nearer to $100m sales the more likely it is to be in large caps radars. At $10-20m it is still v small and potentially too risky bet but nearer $100m proves it has market traction and thus becomes interesting .it shouldn't be too long if they keep doubling revenues every year as looks quite realistic. I don't think they've had price erosion yet due to their v strong product proposition - security and ease of implementation are unique.