IBM (NYSE: IBM) has reached an agreement to buy WDG Automation, a robotic process automation (RPA) company. The Brazilian company produces software based on artificial intelligence (AI) that enhances access to intelligent automation using software robots.
IBM expects to use this technology to improve its Cloud Pak offerings, beginning with Cloud Pak for automation. The current Cloud Pak technology offers AI-driven solutions for capabilities such as data capture, orchestrating workflow, monitoring and reporting, and decision management.
The new RPA capabilities will help identify more opportunities for automation, enhance bot deployment, and streamline workflows. About 600 pre-built RPA functions from WDG will now go into Cloud Pak.
Source Fool.com