Appian Introduces the First Unified Platform for Hyperautomation

Rhea-AI Summary

On December 7, 2020, Appian (NASDAQ: APPN) unveiled its latest version of the Appian Low-code Automation Platform, designed to enhance enterprise automation capabilities amid the challenges posed by the COVID-19 pandemic. The release focuses on integrating robotic process automation (RPA), artificial intelligence (AI), and process automation, enabling rapid deployment and efficiency. Key features include intelligent document processing that reduces manual intake, a dashboard for monitoring application health, and data integration without migration requirements. Appian aims to capitalize on the increasing adoption of low-code platforms, expected to reach 75% by the end of 2021.

Positive

• New integration of RPA and AI enhances automation capabilities.
• Intelligent Document Processing (IDP) reduces manual data entry.
• No data migration required for integrating existing applications.
• Dashboard enables centralized monitoring of application performance.

Negative

• None.

MCLEAN, Va., Dec. 7, 2020 /PRNewswire/ -- Appian (NASDAQ: APPN) today announced the latest version of the Appian Low-code Automation Platform. The new version makes it easier than ever for IT to drive rapid and substantial business value from a new generation of powerful and scalable enterprise automation technologies, united on the industry's leading platform for low-code development.

"Through the course of 2020, the urgency for fast and powerful process automation became undeniable as organization struggled with the distributed workforces, broken processes, and inaccessible data brought by the COVID-19 pandemic," said Michael Beckley, Founder and Chief Technology Officer at Appian. "Our new platform release delivers the unified automation technologies and the development speed that define the new world of hyperautomation. The result is smarter, faster, more resilient companies."

Major enhancements to the latest version of Appian's platform unify low-code robotic process automation (RPA), artificial intelligence (AI), and process automation. This is accomplished through Appian's patented SAIL technology, the low-code industry's fastest and easiest way to compose and unite all components of an enterprise application, from back-end integrations to interface. The latest version also enhances Appian's out-of-the-box AI-enabled Intelligent Document Processing (IDP). IDP saves thousands of person-hours per year by eliminating manual form and business document intake, using AI to convert unstructured data into structured data without human intervention.

The latest release also leverages Appian's unique Data Anywhere architecture to unite the entire modern workforce of bots, AI, and people with enterprise data – without requiring any data migration.

Forrester predicts that by the end of 2021, 75% of application development will use low-code platforms, up from 44% in 2020 (Source: "Predictions 2021: Software Development," 10/30/20, J. Hammond, et al). Many of the world's largest organizations trust Appian to automate their most complex, long-lived, and critical business processes, from front-line customer experience to back-office operations, and global risk management and compliance. Appian customers include 5 of the world's top 10 Banks, 6 of the world's top 10 Asset Managers, and 9 of the world's top 10 Life Sciences companies.

New enhancements in the latest Appian release include:

• Rapid process and task automation with Low-code RPA
• Record processes and turn them into bots fast
• Create bots that interact with websites and cloud services easily in low-code
• Form and paper automation with native intelligent document processing (IDP)
• Use AI to classify and extract data from documents without sending data to the cloud
• Integrate and build applications without migrating data
• Quickly build unified data views with no-code integrations that now support web services
• Cache data from connected sources to improve app performance
• 360-degree application health dashboard for developers
• Centrally monitor application performance and security alerts
• Identify application design issues and gain intelligent design improvement recommendations

To try the latest version of Appian for yourself, sign up for a free trial at https://www.appian.com/platform/free-trial/.

About Appian
Appian provides a low-code automation platform that accelerates the creation of high-impact business applications. Many of the world's largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk management and compliance. For more information, visit www.appian.com.

View original content:http://www.prnewswire.com/news-releases/appian-introduces-the-first-unified-platform-for-hyperautomation-301186890.html

SOURCE Appian

FAQ

What is the latest release of Appian announced on December 7, 2020?

Appian announced its latest version of the Appian Low-code Automation Platform, focusing on enterprise automation.

What features were introduced in the Appian Low-code Automation Platform?

Features include robotic process automation, intelligent document processing, and a centralized application health dashboard.

How does Appian's platform address challenges from the COVID-19 pandemic?

The platform enhances rapid process automation, helping organizations adapt to distributed workforces and broken processes.

What is the significance of low-code platforms according to Forrester's predictions?

Forrester predicts that 75% of application development will utilize low-code platforms by the end of 2021, up from 44% in 2020.

Which industries trust Appian for their automation needs?

Appian's customers include major banks, asset managers, and life sciences companies among the world's top ten in their fields.