Tysons cloud computing firm acquires Spanish software company
Appian Corp. offers robotic process automation, a growing market
Tysons-based cloud computing company Appian Corp. has acquired Seville, Spain-based software company Novayre Solutions SL, developer of the Jidoka Robotic Process Automation (RPA) platform.
Financial terms of the acquisition were not released.
RPA is the use of specialized computer programs to automate repeatable business processes. Using RPA, companies can process transactions, manipulate data, trigger responses and communicate with other systems.
One of Appian’s main products is its Jidoka RPA, along with other workflow and artificial intelligence products. The RPA market is expected to reach $12 billion by 2023, according to market research company Forrester.
“Appian is extending our lead in low-code automation by adding RPA,” Appian CEO Matt Calkins said in a statement released Wednesday. “Together, the products enable end-to-end process orchestration where humans, software robots, and AI all work together in a coordinated way.”
Appian was founded in 1999 and employs approximately 1,200 people.