Is AI spend impacting the RPA sector?
Technology
ETR’s latest Gen AI survey indicates that budget to fuel AI ambitions is being reallocated from elsewhere (vs. newly added budget). In addition, preliminary data from their Apr 24 Technology Spending Intentions Survey shows a stark divergence in Net Score momentum between ML/AI and RPA. The y/y Net Score declines are squarely focused on three vendors: UiPath and Automation Anywhere, with whopping 18 ppts and 24 ppts Net Score declines y/y, respectively (along with Blue Prism’s 24 ppts decline, with a lower citation count). Microsoft Power Automate and Pegasystems are notably stable both y/y and sequentially from Jan, with Appian the only vendor seeing significant Net Score momentum to the upside.
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- 05 April, 2024