This Robotics Stock Spiked 30% in One Day -- Is It a Buy?
18 years ago, a small company in the United Kingdom introduced a new type of software that would eventually be called Robotic Process Automation, or RPA. The idea that inspired it is that many people in white-collar occupations hate to do boring, mundane, repetitive tasks. Think of soul-crushing office work like processing invoices, validating files, or adding data to spreadsheets.
What if software started doing these jobs for us? What if we could create "virtual robots" that do the boring, repetitive, mindless stuff? It would free up human beings to do the creative, fun, and interesting work. And that's why Blue Prism (OTC: BPRMF) was created.
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Source Fool.com
