19th Jul 2016 15:15
19 July 2016
Blue Prism Group plc
("Blue Prism" or the "Group")
Result of AGM
Blue Prism, a leader in Robotic Process Automation, announces that at its Annual General Meeting held earlier today, all resolutions were duly passed.
For further information please contact:
Blue Prism Group plc Alastair Bathgate, Chief Executive Officer Gary Johnson, Chief Financial Officer
| via Newgate Communications |
Investec Bank plc Andrew Pinder / Sebastian Lawrence Carlton Nelson / Dominic Emery
| Tel: +44 (0)20 7597 4000 |
Newgate Communications Bob Huxford / Adam Lloyd / Helena Bogle | Tel: +44 (0)20 7653 9850 |
About Blue Prism
Blue Prism is a UK-based software company and a leader in the emerging global technology category of Robotic Process Automation. The Group supplies software robots that automate clerical back office processes and operate in similar fashion to humans, by autonomously logging on and orchestrating various systems. Blue Prism's Software Robots are differentiated in the market as they have been designed to be deployed at scale in enterprise-sized organisations where security, resilience, robustness, flexibility, scalability and compliance can be critical.
Blue Prism's Software Robots provide a Virtual Workforce that is operated by the business function while being supported by the IT function. As such, software robots can address the "long tail" of automation that is currently not able to be addressed by the IT function due to limited economic granularity and resources.
The Group spent several years "industrialising" the software with a number of its blue-chip customers, including Barclays Bank, Co-operative Banking Group, Telefónica O2, RWE npower and Shop Direct. This enabled Blue Prism to meet the product and methodology standards needed to deploy this new robotic workforce in a transformational way, much like BPO did to business back offices 20 years ago. For this reason, Blue Prism's customers see the robots as a third sourcing option to complement onshore and offshore human resources.
The Group is increasingly focused on establishing its global Channel Partner ecosystem which currently includes Accenture, Deloitte, Cap Gemini, IBM, id. Management, NEOOPS and Thoughtonomy.
As at April 30 2016 Blue Prism had 58 employees based out of offices in Newton-le-Willows and London (UK) and Miami, Chicago, New York and San Francisco (US).
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