Rosenthal Acquires Domestic Factoring Portfolio From BB&T

NEW YORK CITY — January 31, 2018 —  Rosenthal & Rosenthal Inc. — an independent factoring, asset-based lending and purchase order financing firm — today announced the completion of a deal to acquire the domestic factoring portfolio of BB&T Corp., one of the largest financial services holding companies in the United States.

As part of the deal, Rosenthal will acquire BB&T’s portfolio of 90 factoring clients, adding approximately $2 billion in volume to its already robust $9 billion in factored volume. Rosenthal will add a front office in Georgia and back office support in North Carolina to manage the new portfolio. These two new locations complement Rosenthal’s already existing California office and New York headquarters. Twenty-five BB&T factoring professionals will join the nearly 200 Rosenthal staff currently serving the firm’s clients nationwide.

The deal marks the first acquisition in Rosenthal’s 80-year history and positions the firm to further diversify the regions and industries it currently serves. This significant expansion allows Rosenthal to continue to develop new business opportunities within the furniture, casual living, fabrics and textiles industries, alongside the fashion, apparel, accessories, manufacturing, food & beverage and gift & home sectors, where Rosenthal has had historically strong relationships.

“We are excited to acquire BB&T’s portfolio of factoring clients and honored to welcome their talented team of professionals into the Rosenthal family,” said Peter Rosenthal, president of Rosenthal & Rosenthal. “This acquisition is a logical step forward for our firm, significantly advancing our goal of establishing Rosenthal as the leading independent national finance company.”

“We are pleased to be a part of this transaction with Rosenthal & Rosenthal,” said BB&T Specialized Finance and Operations Manager Robert Fentress. “Both our clients and associates will benefit from an association with one of the most respected firms in the factoring and asset based lending business.”

Posted January 31, 2018

Source: Rosenthal & Rosenthal

The Rieter Group Achieved An Order Intake Of CHF 1,051.5 Million In The 2017 Financial Year

WINTERTHUR, Switzerland — January 31, 2018 — The Rieter Group achieved an order intake of CHF 1,051.5 million ($1,123 million) in the 2017 financial year. This represents an increase of 16% compared to the previous year
(+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2% on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Rieter on March 13, 2018.

In the Business Group Machines & Systems, order intake rose by 13% to CHF 668.2 million (2016: CHF 591.6 million). The growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing. Uzbekistan, Bangladesh and Indonesia in particular contributed to this growth. Classic ring spinning systems were especially popular in these countries. Order intake in China was up on the previous year, thanks also to initial orders for the J 26 air-jet spinning machine. In India, investment restraint due to the introduction of a harmonized sales tax (GST) led to a decline in order intake compared to the previous year, even though demand picked up again slightly towards the end of the year. After a hesitant first half of the year, demand from the key market Turkey gained increasingly in momentum in the second half of the year. The business group realized some major projects in the US and in Brazil, resulting in a higher order volume in the North and South America region compared to the previous year.

Order intake in the Business Group After Sales in the year under review improved by 14% to CHF 154.8 million (2016: CHF 135.2 million). Both the spare parts and after sales services businesses contributed to this growth. The increased order volume in the new machines business resulted in higher demand for installation services in the Business Group After Sales. Focused sales efforts and service offerings allowed After Sales to continue the positive growth that began in 2015.

In the Business Group Components, order intake was CHF 228.5 million, around 28% above the previous year (2016: CHF 178.4 million). The acquisition of SSM Textile Machinery (SSM) contributed CHF 42.5 million to this positive growth from the second half of the year. The order intake in the business group was broadly supported regionally and across the entire portfolio. Only the technology components business for compact spinning systems was below the previous year.

At the end of 2017, Rieter’s order backlog of around CHF 540 million was CHF 100 million higher than at the end of the previous year (December 31, 2016: around CHF 440 million).

Sales by Business Group

Group sales in 2017 amounted to CHF 965.6 million (2016: CHF 945.0 million), an increase of 2% over the previous year.

Rieter posted strong growth in the second half of 2017 with CHF 550.4 million compared with CHF 415.2 million in the first half of 2017. The acquisition of SSM in the Business Group Components and a strong increase in deliveries in the Business Group Machines & Systems led to this growth in sales. In the Business Group Components, sales (without acquisition) was 11% down on the previous year, mainly due to lower sales of technology components in India. The Business Group After Sales posted positive growth, increasing sales by 3% compared to 2016.

Sales by Region

In the Asian countries (excluding China, India and Turkey), Rieter increased sales in the reporting year by 11% to CHF 319.1 million. At CHF 184.0 million, a good level of sales was achieved in China, despite a slight decline of 1%. In India, sales fell by 5% to CHF 173.8 million, a development attributable in particular to lower sales of technology components. Sales in Turkey fell by 16% to CHF 100.1 million in 2017, mainly due to the sluggish order intake for new machines in the first half of the year. Orders in the USA and in Brazil led to sales South America region, an increase of 32%.

Posted January 31, 2018

Source: Rieter Group

Innovation And Expert Insight At OUTLOOK ™ Asia: Asia’s Conference For Nonwoven Personal Care And Hygiene Products

BRUSSELS — January 31, 2018 — EDANA, the global association serving the nonwovens and related industries, will host the fourth edition of OUTLOOK™ Asia in Singapore March 14-15. The conference, the ideal platform for key nonwoven professionals around the globe to network, do business and catch-up on developments in Asia Pacific, will be held at the Parkroyal on Pickering Hotel.

“OUTLOOK Asia is now firmly established as a must-attend event for ambitious companies with an interest in the region, and EDANA are proud to once again provide a platform for innovation and business to flourish” said Pierre Wiertz, general manager of EDANA.

The conference will open with a keynote presentation from Unicharm CEO, Takahara-san, on ‘The Realisation of a Cohesive Society in Asia’. The second day will begin with a keynote speech from Dr. Han Xu, Principal Scientist, Nonwoven Innovation at Procter & Gamble, on ‘Innovation for Softness in Nonwovens: Focus on Asia with a Global View’.

Further presentations include:

  • Outlook of Absorbent Hygiene Products in Asia Pacific: Trends & Opportunities;
  • Sanitary Pads Markets in Emerging Countries – The Case of India;
  • Adhesive Innovations to Enable Next Generation Hygiene Products;
  • Comfort, Fit and Value for Future Innovation;
  • Overview of the Chinese Market for Hygiene Products;
  • Absorbent Nonwovens for Hygiene Applications, Challenges and Innovations; and
  • Turning Trends into Reality: How RF5 Technology and Digitalization Will Change Spunmelt Production.

The conference also provides a unique forum for companies to showcase their latest products and services, developed within or for the Asia Pacific markets. The most innovative are eligible for the OUTLOOK Asia Award, which honours invention and originality in our industry.

Posted January 31, 2018

Source: EDANA

Archroma’s Ultraphor® KCB Optical Brightening Agent Finding Use In Water Free CO₂ Dyeing Process

REINACH, Switzerland — January 31, 2018 — Archroma today announced that Tong Siang Co. Ltd. has chosen to use Archroma’s Ultraphor® KCB optical brightening agent to color its white, high-performance sportswear.

Thailand-based Tong Siang, a member of the Yeh Group, is making these products using what is considered by the industry as the world’s first water-free and process chemical-free dyeing solution. The technology in question is based on carbon dioxide instead of water, and was developed and patented by Dutch process engineering company DyeCoo Textile Systems B.V.

Textiles produced by Tong Siang, using this technology, are branded as DryDye® fabrics.

When pressurized, CO₂ becomes “supercritical” (SC-CO₂), a phase between a liquid and a gas. In this state, CO₂ has a very high solvent power, allowing the dye to dissolve and be transported easily and deeply into fibers, creating bright whites and vibrant colors. The CO₂ is reclaimed from existing industrial processes, recycling 95 percent of it in a closed-loop system. The technology uses 100-percent pure dyes with more than 98 percent uptake, and uses no process chemicals and no water, and produces no waste water.

With increased scrutiny by consumers and environmentalists alike, textile manufacturers are eagerly seeking new, sustainable dyeing techniques that do not harm the environment. Archroma’s range of optical brightening agents (OBAs) for polyester — the Ultraphor series — is a perfect solution to meet this need.

Ultraphor KCB is a high-quality concentrate manufactured at Archroma’s dedicated OBA plant in Germany, and is proven to be ideally suited for this water free, CO₂ dyeing technology.

Tong Siang has extensively tested Ultraphor and is successfully using it in bulk production, with the resulting products meeting Tong Siang’s customers’ demanding needs related to color, performance and environmental friendliness.

Ultraphor KCB represents Archroma’s first entry into the CO₂ dyeing field, and the company is looking to introduce further coloration and finishing effects in the future.

“While humans have used water to dye fabrics for more than 2,000 years, today water is an increasingly scarce resource that needs to be conserved. DyeCoo’s CO₂ dyeing process offers an important step forward, and we at Archroma are pleased to be able to help advance broader use of this eco-friendlier approach,” comments Andrew McDonald, Global Head of Business Development, Synthetic & Wool, Archroma’s Brand & Performance Textile Specialties Business.

Posted January 31, 2018

Source: Archroma

TINTEX Reveals “Naturally Advanced Cotton” Collection At Première Vision New York


JAPAN — January 31, 2018 — At next Première Vision in New York, TINTEX is pleased to announce its complete switch from the use of conventional cotton and the concomitant launch of a new fabric range that is the highest expression of the new generation of cotton: Naturally Advanced Cotton by Tintex. This new amazing range is able to offer an advanced smart choice of 4 different premium and responsible advanced cotton solutions such as BCI Cotton, ECOTEC® by Marchi & Fildi, GOTS certified organic cotton and Supima. These new fabrics maintain and upgrade the transparent, hi-tech and sustainable organics that are at the heart of the Tintex DNA. They represent better, smarter eco- materials with new levels of performance and hi-tech smarts, thanks to a first class expertise in specialist dyeing and finishing techniques, coatings and applications that use the latest research, equipment and processes to deliver it.

This new launch is confirming once more the commitment of Tintex to its ‘Naturally Advanced’ position meaning “advancing beautiful, organic and natural materials to the next level combined with unique, hybrid ‘nature-tech’ smarts, with added value and creativity, thanks to dedicated investments that serve and secure our customer’s demands both now and in the seasons to come” says CEO Mario Jorge Silva.

The “Naturally Advanced Cotton” on Collection by Tintex:

BCI cotton: The Better Cotton Initiative has specific aims:

  • Reduce the environmental impact of cotton production
  • Improve livelihoods and economic development in cotton producing areas
  • Improve commitment to and flow of Better Cotton throughout supply chain.

ECOTEC by Marchi & Fildi: a range of full-colour yarns, a smarter cotton made from pre-consumer clippings that save up to 77.9 percent water during manufacture. This season Tintex is also introducing a new, finer ECOTEC yarn called Phoenix, also GRS certified, being made from 50-percent ECOTEC cotton and 50-percent recycled polyester. Here wellbeing credentials are guaranteed with Tessile e Salute* certification.

GOTS Organic Cotton: The Global Organic Textile Standard GOTS is the most important standard for sustainable production of garments and natural fiber textile products from organic farming such as organic cotton or organic wool. GOTS criteria measures environmental, technical quality, toxicity and social impacts. GOTS is backed by independent certification for the entire supply chain.

Supima Cotton: Luxury, quality and craftsmanship are the benchmarks of American-grown, extra-long staple cotton. Tintex offers 100-percent Supima precious fabrics and blends with tencel.

These special 4 cotton actors are made even more “advanced” by unique smart finishing as Plummy and Naturally Clean, for clean surfaces, bright colours, outstanding touch always with a very careful eye at the responsible values.

And now let’s have a look at the season highlight – The new Tintex collection plays with new colour balance techniques that deploy the benefits of chromo therapy for wellbeing alongside skin safe materials and finishing innovations. The collection uses up to 90% of smart and sustainable materials that include:

  • 40 percent contemporary cottons (BCI, ECOTEC, GOTS certified organic and Supima),
  • 40 percent Tencel, Modal & Micromodal,
  • 20 percent other smart materials as Cupro, Seacell, natural organic Linens and ROICATM Eco Smart family of more sustainable stretch yarns with its own certificated credentials. This ROICATM family of premium stretch yarns represent a world-first, GRS certified with at least 50 percent of source material being recycled from pre-consumer waste material. For coloration effects, the Tintex range uses the ROICA Colour Perfect family of yarns that deliver a flawless colour surface and a responsible finish in all its new performance stretch fabric designs.

This season Tintex can boast an additional confirmation about its commitment to responsible innovation: the STeP by Oeko-tex certification, that now goes together with the previous ISO 9001 and ISO 14001. 
Enjoy colors that relax and tranquilize, colors that activate the Senses, colors that Recharge and Energize! 
Key highlights include change effects in both yarn and piece dyed assortments, contrasting thermosensitive color coatings, UV coatings and colorful applied patterns as well as new, extra-fine and semi-transparent jerseys, contrasted with fluid or compact qualities. 
Recent Tintex seasonal collections have been rewarded with a new roster of important brand adoptions for the upcoming season. They include the Jan’n June, German brand, founded in 2014, whose aim is to offer garments that are fashionable, affordable and environmentally responsible. Produced by a family owned company in Poland, Jan’n June operates a strong transparency policy with printed QR-Codes on the hangtags to give its customer’s all the key information about fabrics, production values and certification for each and every garment. 
The collection for SS ’18 has a minimal look with clean cuts using a neutral color palette as part of this brand’s appeal. The current collection is based on essential blacks, grays and whites accented with a contrasting red and a tropical print. An elegant summer mood is revealed in wide cut sleeves, open edges and subtle stripings. The designers have used material contrasts as an important feature of the collection, combining flowing fabrics with more rigid, stiffened qualities topped off with light knitwear pieces. Jan’n June has focused on key Tintex ‘Naturally Advanced’ innovations including organic cottons and linens and Tencel.

Posted January 31, 2018

Source: Tintex

Bemberg™: The Asahi Kasei Precious And Unique Material Presented For The First Time At Première Vision New York

JAPAN — January 31, 2018 — The first generation of Asahi Kasei Bemberg™ premium material was developed in 1931 and currently, Asahi Kasei is the unique producer of this one-of-a-kind extraordinary, new generation, natural smart material whose elegant beauty and touch is perfect for the modern wardrobe fashions of today. While developing it, Asahi Kasei’s attention has been focused on one attribute: preciousness. Obviously, in the Asahi Kasei’s vision this means also finesse innovation and responsible values.

For its elegance and unique feeling, Bemberg is the perfect solution for contemporary fashion and lining. Being the material extremely soft and versatile, it can be adopted by tailors both for women and men haute-couture dresses. In fact, its particular characteristics make Bemberg a top- level material that highlights elegant and distinguish quality garments. It is antistatic and humidity regulating; as a consequence it is warm in winter and cool in summer. Moreover its amorphous structure absorbs moisture better than other fibers. Thanks to its attributes, the material has also become a must-have for the casualwear, athleisure and sportswear given its comfort characteristics.

A proof of the extraordinary attributes of this material can be found in the international premium and luxury brands, which have opted for Bemberg: leading brands such as Diesel, Margiela, Drykorn and Jacob Cohen are using this textile for their products.

The collection displayed at PREMIÈRE VISION NY will include a variety of luxury lining from first-rate Italian and Japanese lining producers that have decided to embrace innovation and to adopt Bemberg for their manufacturing.

And also, Bemberg will show fashion fabrics from key European and Japanese producers like Debs, Infinity, Ipeker, Sidonios Malhas, Silver, SMI Tessuti, Tintex Textiles, that have adopted Bemberg for their precious developments.

If the beauty and the feeling of this material leave no doubts about its excellence, Bemberg has now also a defined responsible profile. It is a new generation material made from the smart-tech transformation of a cotton linter, bio-utility waste, converted through a traceable and transparent process, representing a perfect circular economy fiber model since the beginning of its production. An Innovhub 3rd party lab test proves Bemberg can claim a fully biodegradable end of life option, and to add an extra layer to its smart credentials, Bemberg has just received the GRS certification (Global Recycling Standard) which dovetails with the completed, recent LCA study, signed by ICEA, securing a quality profile for Bemberg. Taken together, they redefine its responsible status today, while paving the way to measure and confirm the smart improvement possibilities for the future.

In sum, Bemberg is clearly a success for Asahi Kasei, which has accomplished the set goal of developing a premium material whose main attribute is being precious from every point of view. Finesse has been achieved thanks to the creation of a material that is incredibly smooth to touch and pleasing to the eye. Innovation has been reached thanks to a fiber structure that guarantees humidity regulation and moisture absorption characteristics. Finally, the “responsible values” goal was fulfilled thanks to a lifecycle that is controlled, certified and sustainable.

All of these characteristics in only one textile, makes Bemberg one of the most desirable materials for the creation of the modern wardrobe.

Posted January 31, 2018

Source: Asahi Kasei 

FluxData to Announce New Spectrophotometer: SpectraNova™ D8-M2, Offering High-Accuracy Non-Contact Color Measurements

ROCHESTER, N.Y. — January 15, 2018 — FluxData Inc. announced today the formal release of a new color measurement system designed for use in challenging industrial settings. The new SpectraNova™ D8-M2 is designed from the ground up with reliability and efficiency in mind. The measurement head is sealed to protect the integrating sphere from the factory environment using a sapphire window, which is easily cleanable in the field. Measurements are reported instantly to your software through a machine-to-machine interface, ensuring accuracy and eliminating the need for a human operator.

FluxData’s SpectraNova D8-M2 offers seamless integration with existing systems and manufacturing lines and results in dramatic reductions in costs and yield improvements. FluxData offers such benefits to the user by assuring that the SpectraNova D8-M2, which is designed for industrial applications, is non-contact, rapid, compact and correlates with QC laboratory systems. FluxData’s latest product, which includes 8° diffuse geometry, offers reflectance and CIE colorimetric data output, rapid measurement cycles of less than 150 milliseconds, and requires minimal maintenance.

“The robust nature of this product allows for it to be placed within a production line, made up of existing machinery, and do its job both rapidly and reliably,” said Pano Spiliotis, CEO of FluxData Inc.

With the head weighing 0.36 kg (0.80 lbs.) and the system weighing 2.29 kg (5.05 lbs.), as well as the measurement head’s small footprint, the SpectraNova D8-M2 has the potential to be placed virtually anywhere on a production line, with the supporting electronics housed in a separate enclosure.

Posted January 31, 2018

Source: FluxData Inc.

Unifi Names Eddie Ingle Vice President of Global Corporate Sustainability

GREENSBORO, N.C. — January 31, 2018 — Unifi Inc. announced today the appointment of Eddie Ingle to vice president of Global Corporate Sustainability, Supply Chain and General Manager of Recycled Chip and Flake.

In his new role, Ingle will drive Unifi’s many eco-friendly efforts and initiatives and establish a singular sustainability mission for the Company. In addition to these duties, Ingle has taken on the role of general manager for the Recycled Flake and Chip business, and continues as the vice president of Supply Chain.

“We look forward to Eddie’s leadership in continuing to grow Unifi’s global sustainability strategy,” said Kevin Hall, Unifi’s chairman & CEO. “Everything Unifi does, is done with an environmental mindset and through the lens of ‘for the good of tomorrow’. Promoting Eddie to this position should allow Unifi to accelerate our sustainability goals and focus on further developing the Company as a sustainability thought leader.”

Eddie began his career at Unifi’s operations in Letterkenny, Ireland, in 1986 and moved to Winston-Salem, N.C., in 1991 to work for Unifi in the U.S., and over the years has held numerous leadership positions.

“Unifi’s passion for recycling and sustainability has always been a point of pride for me,” said Ingle. “My goal moving forward is to collaborate across the Company and industry to develop sustainable solutions that create value for Unifi, our customers and consumers.”

Posted January 31, 2018

Source: Unifi

Cosmoprof North America Announces Exclusive Collaboration With LA Fashion Week

LAS VEGAS — January 30, 2018 —  Cosmoprof North America (CPNA) is proud to announce a special collaboration with LA Fashion Week (LAFW), the official fashion week of Los Angeles. CPNA always seeks out innovative and complementary collaborations, and has once again created a solid initiative never before done by a beauty exhibition. Recognized as the breeding ground of cool indie beauty and fashion labels, Los Angels offers the right elements for such a partnership whereby niche sought-after beauty and fashion labels are on display together for this unique cultural event showcasing fall 2018 trends.

“It is no secret that fashion and beauty are inherently linked,” says Daniela Ciocan, Marketing Director at CPNA.  “We are thrilled to partner with LAFW to further combine these two worlds and give guests an exclusive look at the upcoming brands on display at CPNA and allow small beauty brands the opportunity to be present at LAFW through their affiliation with us.”

VIPs attending LAFW shows and installations will be treated to a taste of CPNA indie beauty brands through the show’s coveted curated limited-edition BOUTIQUE beauty boxes, featuring new-to-market beauty products.  This exclusive opportunity gives LAFW VIPs a rare peek inside the global beauty exhibition, not open to the public, where up-and-coming brands are discovered. The limited edition beauty box, created by HCT Packaging, a leading packaging supplier for the cosmetics industry, includes over $200 in sought-after products from several leading brands including: Eve Pearl Brands, Pink Pewter, My Skin & CO, Hue For Every Man and Royal Apothic. Participating exhibitors in this program benefit from a collaboration that takes their products from the show floor and into the hands of tastemakers, celebrities, influencers and media.

“LAFW and CPNA are both dedicated to raising the profile of new and emerging brands through the global lookinglass in a multi-sensory, showcase of what’s new and innovative,” says Arthur Chipman, Executive Producer, LAFW.  “With so many celebrities, influencers and tastemakers at both our events, this collaboration brings tremendous value to everyone involved.  We are thrilled to help indies get visibility and look forward to expanding the collaboration with CPNA in the future.”

Posted January 30, 2018

Source: Cosmoprof North America

Automation Anywhere Posts Record Growth In 2017

SAN JOSE, Calif. — January 30, 2018 —  Automation Anywhere, the largest enterprise software provider in Robotic Process Automation (RPA), today announced extraordinary customer and partner growth during the second half of 2017 and record-breaking growth for the full calendar year.

The company executed over 890 deals from July through December 2017 and a total of 1,435 deals in the full year. In the second half, Automation Anywhere added 238 new customers. Together with 158 customer additions in the first half of the year, Automation Anywhere gained 396 new enterprise customers in 2017 – more than one customer signed per day in 2017. The company now has 932 enterprise customers using its Intelligent Digital Workforce Platform, reinforcing its position as having the industry’s largest global customer base. New customers in 2017 include technology giants Cisco, Google and Huawei, global logistics leader FedEx, banking leaders Bancolombia and Rabobank, fashion manufacturer Fossil Group, Singapore security leader Certis Cisco, Australian marketing services company Sensis, and global marketing services provider Quad/Graphics.

Automation Anywhere had an upsell growth rate of 411 percent in total business in the second half of 2017 compared with the second half of 2016. 2017’s subscription revenue growth rate was 146 percent year-over-year.

Mihir Shukla, the company’s CEO and co-founder, said: “After a record year of growth in 2016, we again set new growth records in 2017. We are not only acquiring new customers at a faster pace, we experienced an unparalleled upsell growth rate of 411 percent in the second half of 2017, validating our business model and delivering a superior RPA product to customers who want to start fast and scale fast. Customer success is driving our success.”

During the year the company solidified its market lead in the Americas and APAC regions with triple digit growth. In addition, 2017 saw significant expansion in Europe with a year-over-year increase of new enterprise customers of over 210 percent. The company had an existing annual customer retention rate of more than 98 percent, a very strong indicator of customer satisfaction as organizations continue to heavily invest in Automation Anywhere solutions.

Coming into 2018, 10 percent of Automation Anywhere’s global customer base were in various stages of deploying IQ Bot, the industry’s only cognitive RPA solution.

“Customers are embracing our AI-driven analytics and cognitive tools which enable them to experience the only true Intelligent Digital Workforce platform,” said Shukla. “We have a large penetration of IQ Bot adopters implementing AI capabilities today. Cognitive automation is the fastest growing area of our business and we expect this to accelerate further in 2018.”

HfS Research CEO and Chief Analyst Phil Fersht commented, “Our research indicates the global market for robotic automation software will reach $1.5 billion this year, and Automation Anywhere’s momentum has contributed significantly to this category’s growth. The firm is gaining impressive momentum each quarter with a consistent increase in customer wins and partner network growth, and impressive continual development of its solutions usability and features. The firm is also a strong contributor to thought leadership on the benefits and challenges of the Digital Workforce.”

Partner Expansion
Automation Anywhere greatly expanded its partner network in 2017, adding 27 new partners, bringing its total number of global partners to 74, as partners continue to drive strong bookings growth. In the second half of 2017, IBM chose Automation Anywhere’s RPA technology to embed into its business process automation portfolio.

Ankur Kothari, Co-Founder and Chief Revenue Officer, said: “Our impressive partner growth is the direct result of the value we deliver to customers with the industry’s most intuitive and most easily scalable Intelligent Digital Workforce Platform. No other platform is as easily implemented or scales as quickly. Our partners clearly see this advantage for their end customers and in turn the success of their own practices. During 2017, Automation Anywhere partners realized 150 percent growth in bookings versus 2016.”

Continued Product Leadership
In December 2017, the company launched the latest version of its flagship product, Automation Anywhere Enterprise 11. Building on a robust enterprise RPA platform, Enterprise 11 delivers enhancements in scalability, security and cognitive automation. (More details can be found here.) Earlier in the year, Automation Anywhere also launched IQ Bot 5.0, the industry’s only bot capable of learning from observing human behavior. (More details can be found here.)

Automation Anywhere University Momentum
In August 2017, Automation Anywhere University (AAU) was launched as a comprehensive RPA training ecosystem for students, RPA professionals, global enterprises and non-profits. AAU includes a library of RPA courses and certification programs, an online, mobile-first eLearning platform and a network of training partners that deliver instructor-led, hands-on RPA training at a fast-growing list of authorized centers around the globe.

Over 20,000 students enrolled in AAU in the first three months since its launch. An additional 15,000 students have completed in-classroom, instructor-led RPA certification at authorized AAU training and testing centers. The AAU ecosystem continues to grow with an ever-expanding RPA certification catalog, micro-learning courses, video lessons, gamification, peer-to-peer community and new partnerships that are set to include renowned universities and colleges.

Posted January 30, 2018

Source: Automation Anywhere

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