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Press Release

Kofax Named “Hot Vendor in Robotic Process Automation”

Kofax Kapow, a Leading RPA Solution, Recognized by Aragon Research

Irvine, CA, September 6, 2017 – Kofax®, a leading provider of software to simplify and transform the First Mile™ of business, announced that it has been named a “Hot Vendor in Robotic Process Automation, 2017”1 for its Kofax Kapow™ by IT market research and advisory firm Aragon Research in a report published today.

Kofax Kapow is a proven robotic process automation (RPA) solution that enables customers to leverage software robots to automate a wide range of repetitive tasks within a system by simply mimicking human action. Kofax Kapow robots are smart in that they interact with applications, trigger responses, and communicate across virtually any enterprise system (e.g., SAP or Oracle Financials), web sites, or desktop applications (e.g., Excel). Kapow robots can be implemented without complex coding or lengthy development cycles, which dramatically expedites project deployments and speeds ROI. Instead of requiring a costly virtual desktop infrastructure (VDI) like other RPA vendors, Kapow minimizes its VDI footprint by providing a centralized server model that allows web and mainframe robots to execute without ever connecting to a virtual desktop. In the case of enterprise applications like SAP, Kapow robots execute on the server and communicate bi-directionally with the application on a virtual desktop via an automation service.

The Aragon Hot Vendors in Robotic Process Automation report describes RPA as a new and evolving market with great potential to foster organizational efficiencies and advance digital transformation initiatives. The report highlights providers with interesting, cutting-edge products, services or technology, and recognizes Kofax Kapow for both its standalone capabilities and its integration with Kofax Capture™ and the Kofax TotalAgility® unified digital transformation platform.

According to the report, “Kofax's secret sauce is the fact that all robots run on the server, along with the ability to combine refined and automated bots with an architected and integrated Digital Business Platform. The result is an RPA solution that exceeds simple bot deployment and management, and demonstrates a clear connection to a platform that offers broader functionality.”1

Aragon Research does not endorse vendors, or their products or services that are referenced in its research publications, and does not advise users to select those vendors that are rated the highest. Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact. Aragon Research provides its research publications and the information contained in them "AS IS," without warranty of any kind.

“Aragon’s research recognizes our long term innovation in this rapidly growing market,” said Reynolds C. Bish, Chief Executive Officer of Kofax. “Kofax Kapow provides the fastest and most efficient way to build intelligent robots that automate the acquisition and processing of information from virtually any application or data source without requiring API level coding and complex integration efforts. More than 500 Kofax Kapow customers have hundreds of thousands of robots in production, realizing increased productivity, operational efficiency and a rapid return on investment.”

About Kofax

Kofax is a leading provider of software to simplify and transform the First Mile™ of business. Success in the First Mile can dramatically improve the customer experience, greatly reduce operating costs and increase competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 25,000 customers in financial services, insurance, government, supply chain, business process outsourcing and other markets. Kofax markets its solutions via a direct sales and service organization, along with a global network of more than 1,000 authorized partners in more than 70 countries throughout the Americas, EMEA and Asia Pacific.

© 2017 Kofax Limited. Kofax and Kofax TotalAgility are registered trademarks and First Mile, Kofax Kapow and Kofax Capture are trademarks of Kofax Limited.

1 Aragon Hot Vendors in Robotic Process Automation, Jim Sinur, September 2017