Intelligent Process Automation Software

Intelligent Process Automation Software Success Stories [2024]

•

Updated: July 23rd, 2024

Imagine an office setting where time-consuming tasks and processes are automated, bringing consistency, productivity, and efficiency to the table. This vision isn't far-fetched in today's digital age, thanks to intelligent process automation (IPA) software.

Simply put, IPA software is a combination of AI (artificial intelligence) and RPA (robotic process automation). It has the ability to handle complex tasks that involve decision making, learning, and adapting over time. It can process, streamline, and automate procedures that previously required human intervention, freeing up valuable man hours for more engaging tasks.

Arguably, it makes quite a compelling business to dive into. Consider this: According to reports, the global intelligent process automation market size is projected to reach $16.3 billion by 2024. This growth trajectory opens up numerous possibilities for innovation and substantial returns.

Entrepreneurs looking for an avenue to contribute to innovation, increase business efficiency, and tap into a growing market may find great promise in intelligent process automation software.

In this list, you'll find real-world intelligent process automation software success stories and very profitable examples of starting a intelligent process automation software that makes money.

1. Rapid Acceleration Partners ($720K/year)

In 2017, Raghuraman Ramamurthy saw the opportunity to enter the AI market and automate the processing of unstructured content. Alongside his co-founders, he launched Rapid Acceleration Partners (RAP) to provide Intelligent Process Automation solutions. With their RAPFlow platform, they have served companies in six industries, processed over 7 million pieces of content, and saved 70% of manual effort.

How much money it makes: $720K/year
How much did it cost to start: $150K
How many people on the team: 35

From Fledgling AI Startup to Industry-Recognized IPA Player in Just 3 Years

Intelligent Automation Solutions provider Rapid Acceleration Partners (RAP) has served companies in 6 industries, processed 7 million+ pieces of content with 10 million+ process iterations, and saved 70% of manual effort via their AI-powered content intelligence platform and RPA tool.

Read this case study

Read by 5,625 founders