NICE Robotic Process Automation Named a Technology Leader in 2022 SPARK Matrix Report
NICE (Nasdaq: NICE) today announced that it has been recognized as a Technology Leader by Quadrant Knowledge Solutions for its advanced robotic process automation solutions. The global advisory and consulting firm’s SPARK Matrix: Robotic Process Automation (RPA), 2022 report stated that NICE RPA products “enable intelligent process optimization while releasing the power of employees to provide an excellent customer experience.”
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The SPARK Matrix report provides market insights, competitive evaluation and rankings of the key market participants based on several technology excellence and customer impact parameters. The NICE RPA portfolio examined by Quadrant Knowledge Solutions included attended and unattended automation products, desktop analytics, automation discovery and design tools.
Among the market drivers highlighted in the report was the challenge faced by most organizations in identifying and prioritizing processes for automation. In that context, Quadrant Knowledge Solutions analysts named NICE’s AI-driven automation discovery tool Automation Finder as one of its technological differentiators. It can “quickly identify and recommend which processes within the organization should automate to maximize the bottom-line effect,” the report said.
Also singled out were the “comprehensive insights” delivered by the combination of NICE Desktop and Speech Analytics, as well as how the suite of NICE RPA solutions “help organizations provide a seamless, consistent, and personalized customer experience across the customer journey.” A key feature of this personalization is NEVA, NICE’s attended automation solution, which was highlighted for its ability to “interpret and understand what employees want to achieve and react in real-time with contextually rich and relevant facts.” Regarding unattended automation, the report noted that NICE’s advanced OCR technology is key to processing unstructured data sources, such as scanned documents, charts and text messages.
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In addition, the report acknowledges NICE’s robust global presence and strong customer base, which includes leading brands across an array of industry verticals. Noting NICE’s “sophisticated technology solution and comprehensive functional capabilities,” Quadrant Knowledge Solutions analysts assessed NICE to be “well-positioned to expand its market share in the global robotic process automation market.”