ServiceNow announced the acquisition of Intellibot. Digital workflow company ServiceNow announced that it has reached an agreement to acquire Intellibot, a robotic process automation (ARP) company based in Hyderabad, India.
Through this acquisition, Intellibot has expanded ServiceNow’s core workflow capabilities; helping customers intelligently and end-to-end automate repetitive tasks.
objective
ServiceNow intends to make Intellibot’s functions native in the Now platform; enabling customers to more easily integrate modern and traditional systems to increase productivity and strengthen existing artificial intelligence (AI) and machine learning tasks.
ServiceNow recently released the Now Platform Quebec version to help companies accelerate their digital transformation through rapid innovation; at the same time, they become more agile and efficient in the work world affected by the COVID pandemic.
Intellibot complements the platform and extends the existing functions of ServiceNow; such as artificial intelligence and machine learning, integration, development Low code, Process mining, process automation, NLX, chatbots and virtual representatives.
expansion
By acquiring Intellibot, you prove ServiceNow’s commitment to India, one of the company’s fastest-growing markets. ServiceNow plans to develop two new data center complexes in the country by the first quarter of 2022; these will meet local data residency requirements, form part of ServiceNow’s high availability and advanced architecture, and continue to support the scalability of the company’s cloud services .
India
It is worth noting that India is the location of ServiceNow’s second largest R&D center; except for an area where there are more and more well-trained personnel to meet organizational needs. ServiceNow plans to double the number of its employees in the country in the next three years.
Intellibot was founded in 2015 by current CEO Raghu “Alekh” Barli; its current chief technology officer Srikanth Vemulapalli and current chief operating officer Kushang Moorthy. ServiceNow plans to complete the acquisition of Intellibot; the second quarter of 2021. Financial terms of the transaction were not disclosed.
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