The lines between banks and banking are blurring more and more. To remain relevant (or merely survive) you must adapt your bank to the technological and social changes that have created our new normal.
Automation Anywhere today announced that it has entered into a definitive agreement to acquire cloud pioneer FortressIQ, a leading process discovery and mining company based in San Francisco.
The coming year promises to be even more notable with the continued mainstreaming of process intelligence, growing both deep and wide in the enterprise. Take a look and see what we predict for process intelligence in 2022.
Effectively managing your AML/KYC risk is critical to the success and reputation of your organization. Process intelligence and emerging technologies can help mitigate these risks, speed up the transformation journey, and enhance the customer and employee experience.
The lines between banks and banking are blurring more and more. From credit cards to lending, trading products to cryptocurrency, fintechs are now providing sophisticated apps and tools to consumers who are demanding omnichannel services, low to no fees, and 24×7 on-demand customer service. Traditional banking and financial services firms have been slow to react. However, to remain relevant (or merely survive) you must adapt your bank to the technological and social changes that have created our new normal.
FortressIQ’s VP of Marketing, Christelle Flahaux was featured on today’s episode of TechstrongTV to share more about FortressIQ and Season 2 of the hello, Human podcast.
SAN FRANCISCO – Sept. 30 – FortressIQ, the company delivering end-to-end process insights for the modern enterprise, today launched Season 2 of the hello, Human podcast. The podcast started in October 2020 as a platform for technology leaders to discuss the hottest, most pressing topics in automation, artificial intelligence (AI), data science, and business transformation.
Any large-scale complex change program is disruptive, costly, and time-consuming. transformation is unpleasant, but it is a necessary evil for companies to tackle. The analysts collectively report 70% of digital transformations are falling short of their objectives with McKinsey noting just 14% of companies have achieved material and sustained improvements.
We are excited to announce a strategic partnership between Mindfields and FortressIQ that will bring together Hyperautomation and Process Intelligence. The partnership will be a logical extension of Mindfields’ knowledge and expertise in automation bundled with FortressIQ’s proficiency in Process Intelligence.
The pandemic and other recent high-profile cases make it clear that even one isolated incident can quickly disrupt an entire supply chain.
Data Magazine showcases the top picks for the best California-based Business Intelligence companies. These startups and companies are taking a variety of approaches to innovate the Business Intelligence industry, but are all exceptional companies well worth a follow.
Digital transformation is one of those topics that everyone talks about, but nobody really knows how to do it. Complex change programs are a slow and grueling process, and they suffer from miserable success rates. Analysts report that more than 70% of initiatives fail, said Jon Knisley, principal of automation and process excellence at San Francisco-based FortressIQ.
“My advice to a first-time CMO is just listen. Do what you can to listen to the salespeople and to your customers. Before you do anything, make sure you understand your current state, what is actually happening, where you need to focus.”
The grand promise of RPA so frequently falls short due to over planning, the inability to identify key automation opportunities, and a disproportionate focus on short-term objectives.
Every element of IT appears to be ripe for automation. But given this automated, autonomous, and autonomic truism, at what point do we draw a line around these new robotic controls and efficiencies? In other words, how far do we push the software robots and what should we not automate?
FortressIQ was featured as one of California’s Top Data Center Automation Startups on Startup Pill.
FortressIQ was featured at SAP.iO’s Demo Day. Over the last four months, SAP.iO Foundry New York has been working with FortressIQ and other startups to build solutions for intelligent resource planning, guided business workflow, intelligent bidding, and revenue planning. Together, they are leading the way to Professional Services firms delivering better performance.
We are so excited that FortressIQ has been announced as the 2021 Microsoft MSUS Partner Award Winner for Power Apps and Power Automate at MSInspire!
Based on my experience in the public sector, the major challenge for the government is addressing the ‘Missing Middle,’” said Jon Knisley, who is the Principal of Automation and Process Excellence at FortressIQ. “There are a number of very advanced programs on one end, and then there are a lot of emerging programs on the other end. The greatest opportunity lies in closing that gap and driving more adoption. To be successful, there should be a focus as much as possible on applied AI.”
AI and its respective branches—including speech—are undeniably powerful, and ethics will come into play as the technology develops further and garners other use cases. However, it’s clear that speech recognition is currently providing remarkable value within the context of remote work, and will be an integral tool for companies’ success now and in the future.
When the pandemic hit, digital transformation was accelerated, and many companies turned to low-code development in the hopes of winning in the new agile world. Technology aficionados have heard the phrase, “Faster, better, cheaper — pick two.” Fortunately, low-code gives you all three and then some, adding “flexible” to the mix.
The end of digital transformation? Sounds too good to be true, but is it? In this episode of IT Visionaries, FortressIQ’s Jon Knisley explains why the reality of continuous system improvement through the use of automation tools is not far off. Jon dives into data-driving insights, powering continuous transformation across enterprises, and why employees should embrace automation tools.
“The fact that RPA has advanced so quickly beyond task automation as to replicate whole job functions is fascinating, from both a positive and negative perspective,” noted Pankaj Chowdhry, founder and CEO of the AI and RPA startup FortressIQ, in a report on the evolution of the robot workforce.
Cognitive RPA is adept at handling exceptions without human intervention,” said Jon Knisley, principal, automation and process excellence at FortressIQ, a task mining tools provider.
“While there are similarities, OKRs and KPIs are not interchangeable,” says Jon Knisley, principal, automation and process excellence at FortressIQ. “KPIs provide a measurable assessment of performance. They are descriptive and tend to look backward. OKRs are also measurable and timeboxed, but since they tend to be more aspirational, OKRs provide a more strategic view of what’s ahead.”
“With cognitive automation, CIOs can move the needle to high-value, high-frequency automations and have a bigger impact on the bottom line,” said Jon Knisley, principal of automation and process excellence at FortressIQ.
FortressIQ’s Jessie de Carlos and Jon Knisley joined Bot Nirvana’s Process and Task Mining Session. Learn about new digital transformation initiatives with some real-world examples in this video.
Our CEO, Pankaj Chowdhry Chowdry, joined Bot Nirvana for their latest podcast. He shared the evolution of FortressIQ including our vision for Process Intelligence, and what we’re building next.
FortressIQ’s Christelle Flahaux lays out her approach to category creation and why content and analyst relations play key roles in marketing an emerging category. She also discusses why the CMO’s job is to be a listener, the content value of podcasting, and how to do ABM with food trucks.
FortressIQ’s Principal, Automation and Process Excellence, Jon Knisley, was featured on #TSTV to discuss digital transformation within the pandemic.
As organizations try to scale, one of their largest challenges is not having a handle on the true “as is” situation. The use of FortressIQ’s innovative approach to automating business analysis should, at the very least, create a much more accurate picture of business reality, more quickly.
Companies in every industry are expanding their efforts in AI. Companies are beginning to understand the strategic imperative to use AI to their advantage before their competitors do.
FortressIQ is featured in the March 2021 edition of the Digital Bulletin. Read about how Bain & Company uses the FortressIQ Process Discovery Platform to uncover insights.
SAN FRANCISCO – Mar. 1 – FortressIQ, the company delivering end-to-end process insights for the modern enterprise, today announced the launch of its Women in AI podcast series, which will air under the hello, Human podcast. The series will kick off on Monday, Mar. 8: International Women’s Day 2021 and will align with the global UN Women’s theme for International Women’s Day 2021 of, “Women in Leadership: Achieving an equal future in a COVID-19 world.”
Pankaj Chowdhry, CEO at FortressIQ, told The Register that the company had built was a “virtual process analyst”, a software agent which taps into a user’s video card on the desktop or laptop. It streams a low-bandwidth version of what is occurring on the screen to provide the raw data for the machine-learning models.
SAN FRANCISCO – Feb. 17, 2021 – FortressIQ, the process intelligence platform for the modern enterprise, today announced its process intelligence foundation platform. By leveraging AI and computer vision, this comprehensive solution creates a detailed blueprint of digital processes across all applications and departments within an organization. By capturing data at scale across the enterprise, the Process Intelligence platform is able to provide context and meaning behind all your organizational process data.