Kryon Placed in 2021 Magic Quadrant for Robotic Process Automation

Kryon, the pioneers of full-cycle automation with an innovative approach to robotic process automation (RPA) and process discovery, announced that it has been positioned by Gartner as a Niche Player in the 2021 Magic Quadrant for Robotic Process Automation for its offering, Kryon Full-Cycle Automation Suite.

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Kryon’s award-winning Full-Cycle Automation Suite delivers a powerful, holistic RPA solution for enterprise customers. Powered by patented, proprietary AI technology, Full-Cycle Automation generates a comprehensive picture of manual business processes and their variants, evaluates them, and recommends which ones to automate. It then generates workflows instantly and provides actionable insights and analysis that make bots even more productive. Kryon’s end-to-end approach to enterprise automation helps businesses remove the most common barriers to RPA implementation–cost, time-to-deployment, and scale–all while accelerating the time to achieving ROI. Full-Cycle Automation’s intuitive user interface is designed to meet the needs of experienced RPA developers and citizen developers alike. With a Net Promoter Score of +71, Kryon dominates the RPA industry when it comes to customer satisfaction.

According to the Gartner report: Magic Quadrant for Robotic Process Automation 2021, “RPA automates repetitive tasks by emulating transactional steps currently taken by humans, mainly via orchestrated UI interactions. The RPA software market remains one of the fastest-growing segments of the enterprise software market. Despite COVID-19 uncertainties, the RPA software segment’s revenue grew by 38.9% in 2020, outpacing all other segments and far exceeding the 8.9% growth of the overall enterprise software market.”

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“Kryon is relentless in executing our vision for the future of work, in which humans and bots collaborate seamlessly together across an organization,” said Harel Tayeb, CEO of Kryon. “We were the first RPA vendor to reach the market with both Process Discovery and Full-Cycle Automation, and most recently, with RPA-as-a-Service, our cloud-based offering. We were also the first RPA vendor to achieve ISO 27701 certification to ensure data privacy compliance. But, we’re not done innovating yet. Thanks to the tireless efforts of our development team, global sales and customer support teams, expect even more industry-first milestones from Kryon in the months and years to come.”

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

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