Robotic process automation: ServiceNow acquires Intellibot in Hyderabad

Digital workflow company ServiceNow announced that it will acquire Intellibot, a robotic process automation (RPA) company based in Hyderabad.

Intellibot will help ServiceNow customers automate repetitive tasks and increase automation. ServiceNow will build Intellibot’s functionality natively in its platform to help its customers integrate with modern and legacy systems.

Josh Kahn, Senior Vice President of Workflow Products for ServiceNow Creators, said: “Our customers account for nearly 80% of the Fortune 500, and most of them are working hard to promote the automation of a mixture of traditional and modern applications. With Intellibot, we will extend ServiceNow’s help The customer’s ability to connect to the system so that they can easily automate their workflow and increase productivity.”

India is one of the company’s fastest-growing markets. ServiceNow plans to double the number of its employees in the country in the next three years. The company plans to develop two new data center facilities in India by the first quarter of 2022. These new data centers will meet local data residency requirements.

Srikanth Vemulapalli, chief technology officer and co-founder of Intellibot, said: “We are proud to join forces with ServiceNow because it continues to invest in powerful end-to-end automation capabilities to make the world of work work better for people.” “Our RPA and The combination of ServiceNow workflow will help companies better connect different systems to accelerate innovation and thrive in the new world of work.”

Intellibot was founded in 2015 by CEO Raghu “Alekh” Barli, CTO Srikanth Vemulapalli and COO Kushang Moorthy. ServiceNow expects to complete the acquisition of Intellibot in the second quarter of 2021. Financial terms of the transaction were not disclosed.