Global RPA Platform Training Market 2017-2021
About RPA Platform Training
RPA involves the application of software robots that have AI and machine learning abilities. With these features such devices can handle repetitive, high-volume tasks that require manual labor. The concept of RPA allows developers to apply tailored complex automation to companies' processes. The implementation of RPA reduces operational costs and minimizes human errors. Many service and manufacturing industries use RPA to perform a variety of tasks, which may include the maintenance of records, queries, calculations, and transactions.
Technavio’s analysts forecast the global RPA platform training market to grow at a CAGR of 4.93% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global RPA platform training market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global RPA Platform Training Market 2017-2021
Technavio recognizes the following companies as the key players in the global RPA platform training market: Anexas, Blue Prism, Digital Workforce Academy, The RPA Academy, and UiPath.
Other Prominent Vendors in the market are: Automation Anywhere, Cignex Datamatics, Kelly Technologies, Symphony,Tek Classes, and Virtual Operations.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increase in strategic partnerships among vendors. The majority of the RPA training vendors are entering strategic partnerships with local and region-specific vendors to expand and capture the regional market and expand their customer base. In turn, as the majority of the local and regional vendors lack the ability to develop their own proprietary course content, they enter strategic partnerships with established vendors and provide training using licensed course modules of these established vendors.”
According to the report, one driver in the market is growing demand for Industry 4.0. With the increase in the adoption rate of automated technologies, manufacturing companies, along with service-based companies, are under pressure to optimize their processes at a minimum cost. This is achieved by reducing the execution time of the process along with the implementation of effective monitoring and reporting of process operation and minimizing human error involved in any process. The Industry 4.0 involves the use of the Internet for production and manufacturing purposes, at the same time increasing the efficiency of the process.
Further, the report states that one challenge in the market is increased threats from open-source courseware. Vendors operating in the market are facing an increased threat from open-source RPA training materials such as self-paced video learning by Blue Prism and free online foundation courses by UiPath. Many vendors who have been trying to establish a proprietary course module are facing this challenge. In addition, there are many e-books and online videos available on the Internet that correspond to the basics of RPA and enable users to download the same. These online materials take away a massive chunk of vendors' expected revenue and induce them to provide partnered courses with established companies.
Anexas, Blue Prism, Digital Workforce Academy, The RPA Academy, UiPath, Automation Anywhere, Cignex Datamatics, Kelly Technologies, Symphony,Tek Classes, and Virtual Operations.
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