Press Release

TEL AVIV, ISRAEL, December 21, 2017 — Today, Kryon Systems, a global provider of intelligent Robotic Process Automation (RPA) solutions, has been recognized as 2017 Company of the Year and a technology leader in the global Robotics Process Automation market by Quadrant Knowledge Solutions – A global strategic advisory and consulting firm.

Quadrant Knowledge Solutions analyzed Kryon’s technological capabilities and strength as part of a comprehensive market study, titled ‘Market Outlook: Robotics Process Automation (RPA), 2017-2022, Worldwide’. According to research findings, RPA is emerging as one of the revolutionary technology trend and transforming traditional business processes with dramatic improvement in terms of productivity, agility, speed, and accuracy. Driven by technology innovation, expanding use cases, and maturity of Artificial Intelligence (AI) and cognitive capability in multiple application, RPA technology is expected to continue to evolve.

As part of the research, Quadrant’s competitive landscape analysis compare vendors’ technological capabilities in providing RPA solutions. The Quadrant Best Practice team identifies Kryon Systems as a best-in-class vendor that exhibits leadership in strategy, business, and growth performance excellence and has the potential to cause major disruption in the marketplace.

According to Vishal Sharma, Industry Research Manager, Quadrant Knowledge Solutions: “Kryon Systems with its intelligent RPA Platform, Leo, helps organizations in automating business processes quickly, resulting in improved productivity, accuracy, and reduced costs. The company is well positioned in transforming enterprise business processes, supporting unattended and attended automation as well as hybrid automation facilitating interaction between virtual and human workforce – providing a greater ROI on automation investments and delivering end-to-end business process improvement.”

“We are honored for this recognition as we continue to innovate and revolutionize the RPA industry,” commented Harel Tayeb, Kryon Systems’ CEO. “This award is a testament to our commitment to deliver innovative solutions in the RPA space, as the technology becomes more sophisticated and increasingly implemented in the enterprise. As Quadrant Knowledge observed, going forward AI capabilities will add the next layer of value to automation and, in our opinion, underlines Kryon Systems’ unique position to support these requirements.”

About Kryon Systems
Kryon Systems delivers innovative, intelligent Robotic Process Automation (RPA) solutions empowering companies to transcend the processes which consume their most valuable resource – time. While other RPA vendors provide tools that focus solely on automating repetitive process-oriented tasks, Kryon aims for a complete and lasting solution, ultimately removing these tasks entirely from the day-to-day workflow of enterprises. Using patented visual and deep learning technologies, Kryon’s RPA enables companies to discover the innovators and creators amongst them by reducing the noise, complexity, errors and wasted time which go hand in hand with process execution. Kryon’s intelligent RPA is changing the reality of today’s process-focused business world by offloading the repetitive, soul-crushing processes to a digital workforce not only for the increased productivity, reduced error rates, and lower operating costs, but also so that companies can focus on what they want to be – creative, imaginative, revolutionary, and with greater revenue. Learn more about Kryon Systems and the numerous Fortune 500 organizations already benefiting from its products at www.kryonsystems.com

About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals through Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverable is designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in an ever-changing business environment. For more information, write to us at info(at)quadrant-solutions(dot)com or visit http://quadrant-solutions.com