Cyclone Robotics has been recognized by Gartner® in the Magic Quadrant™ for Robotic Process Automation for the 2nd consecutive year, positioned based on its ability to execute and completeness of vision, with significant improvement in its position as compared to its first entry in Gartner® Magic Quadrant™ last year. We believe, this recognition has once again shown Cyclone Robotics's position in the market since the brand first launched its product in 2018.
"Gartner® has once again recognized Cyclone Robotics in the Magic Quadrant™ for Robotic Process Automation. We believe it acknowledges our commitment to continuously pushing the boundaries of RPA with Intelligent Automation (AI) capabilities to enable hyperautomation.
This is our second recognition this month as we have been named a Leader in The Forrester Wave™: Robotic Process Automation In China, Q3 2022 Report early this month. Exciting times ahead as we grow our global footprint by leveraging on our diverse experience across a multitude of industries to help clients transform and modernise their business. With our emphasis on international business strategy and proven innovative capabilities, our global development is expected to grow." said Vincent Gao, Founder and Chief Executive Officer of Cyclone Robotics.
Cyclone Robotics has invested heavily in AI to deliver services like its Intelligent Assistant (formerly known as CIRI) and the Cyclone AI Skill Platform. It provides a strong foundation of IoT and edge computing capabilities and supports standards-based BPMN orchestration. Intelligent Assistant is an AI-enabled, attended RPA feature that can automate routine workflows (available on desktops and mobile devices). Cyclone Robotics also focuses on offering end-to-end automation by expanding beyond standard RPA use cases. It delivers AI/ML features, low-code UI creation, and support for IoT and edge automation use cases.
Established in 2015, Cyclone Robotics is a world-leading RPA provider and thought leader in hyperautomation with an average annual growth rate of 400% since 2019. The company now has more than 800+ employees across 22 subsidiaries and branches around the world, serving more than 1,000 global customers.In early 2021, Cyclone Robotics established its Singapore branch as its ASEAN HQ office for Asia Pacific expansion to empower enterprises from ASEAN, Japan, ANZ, and Middle East, across a wide variety of sectors to accelerate their digital transformation efforts with Cyclone’s full RPA products & services portfolio. The company has also setup its European HQ office in London, new branches in Indonesia and Amsterdam this year to further strengthen their global presence in America and the European market.
Cyclone Robotics has established very strong enterprise credentials, particularly for large enterprise clients in China, including State Grid Corporation of China, Bank of China, China Post, China Southern Airlines, UnionPay and Volvo, covering financial, utilities, retail, medical, government, manufacturing and many more industries. Its explosive business growth, leading technology, strong team, advanced product ideas, and ability to seize business opportunities have been particularly recognized by investors and international authorities. Continuing to be favored by front-line capital, Cyclone Robotics raised USD 150 million in Series C financing in November 2021, setting a record for the highest single financing in China's RPA industry.
A complimentary copy of latest 2022 Gartner® Magic Quadrant™ for Robotic Process Automation report is available here.
Gartner, Magic Quadrant for Robotic Process Automation, 25 July 2022, Saikat Ray et. Al.
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