Blue Prism is the trading name of the Blue Prism Group plc, a British multinational software corporation that pioneered and makes enterprise robotic process automation (RPA) software that provides a digital workforce designed to automate complex, end-to-end operational activities. In March 2022, Blue Prism was acquired by SS&C Technologies. Blue Prism's headquarters are at 2 Cinnamon Park Crab Lane Warrington WA2 0XP, UK with regional offices in the U.S. and Australia. The company was listed on the London Stock Exchange AIM market until its acquisition. History Formation Blue Prism was founded in 2001 by a group of process automation experts to develop technology that could be used to improve the efficiency and effectiveness of organisations. Initially their focus was on the back office where they recognised an enormous unfulfilled need for automation. The company was co-founded by Alastair Bathgate and David Moss to provide a new approach that today is known as robotic process automation, or RPA. In 2003, Blue Prism's first commercial product, Automate, was launched. In 2005, the second version of Automate was released with features for large scale processing. Co-operative Financial Services began using Blue Prism software in 2005 to automate manual processes in customer services. Robotic Process Automation Robotic process automation (RPA) is the application of technology that provides organizations with a digital workforce that follows rule-based business processes and interacts with the organizations' systems in the same way that existing users currently do. Blue Prism has been credited for coining the term "Robotic Process Automation." RPA is a growing industry and is expected to reach $3.11 billion by 2025. It has been used to handle the requests generated by the General Data Protection Regulation; by Tokio Marine Kiln for back-office transaction framework; by the nutrition company, Fonterra, to fix quantity mismatches in planning software SAP; and by Milaha for the entry, processing and transfer of data. The independent market research company Forrester Research identified Blue Prism as one of three companies that is considered a leader in the robotic process automation field both in terms of their market presence as well as the quality of their offering in a 2017 study. An October 2018 study by Grand View Research, Inc. stated that the key companies in the RPA market included: Automation Anywhere, Inc.; Blue Prism Group PLC; UIPath; Be Informed B.V.; OpenSpan; and Jacada, Inc. In 2019, Gartner released its 'Magic Quadrant' for RPA, and