What is Gartner magic quadrant report on rpa

Firstly, we will see what Gartner magic quadrant said about RPA software -:

As organizations look for ways to improve operational efficiency and integrate legacy systems with new enterprise applications and digital business, rpa continues to grow its footprint.

What is Gartner Magic Quadrant?

Gartner magic quadrant refers to a series published by IT consulting firm Gartner Quality Market research report that relies on qualitative data analysis to demonstrate to market trends such as Direction, Maturity, and participance.
They are updated every year by using their methodology and use cases.
It was last updated on 08-07-2019.

What Gartner Magic Quadrant methodology provides us?

Gartner magic quadrant is a research methodology that provides a graphical competitive positioning of four types of technology providers in fast-growing markets. They are

• Leaders
• Visionaries
• Challengers
• Niche Players

Now we will see which RPA(Robotic Process Automation) tools are Categorized under which category in Gartner magic quadrant report and then we will see on which factors they are categorized.
Which RPA tools are under Leaders Category?

• UiPath
• Blue Prism
• Automation Anywhere

Which RPA tools are under Challangers Category?

• Edgeverve Systems
• NICE

Which RPA tools are under Visionaries Category?

• WorkFusion
• Pegasystems
• Another Monday

Which RPA tools are under Niche Category?

• Kofax
• Servicetrace
• Softomotive
• Kryon
• Automation Edge
• Helpsystems
• Jacada
• Antworks
• NTT
• Datamatics

Gartner magic quadrant doesn't disclose any set of properties or standards that they consider while determining the product is market effective.

But these are the properties they might consider before determining the category of any RPA tool. They are as listed below

• Market Strategy
• Sales Strategy
• Offering Business Model
• Pricing of the Model
• Marketing execution
• Customer experience and operations.

Which RPA tool will become the new leader of 2020?

To know that answer we need to wait until the Gartner magic quadrant releases the new report.
That's it for this topic on Gartner magic quadrant.

Happy Learning!