Accelerator Directory / Blue Prism Group Plc

Business Description

"Blue Prism is a UK-based software company and a leader in the emerging global technology category of Robotic Process Automation. The Group supplies software robots that automate clerical back office processes and operate in similar fashion to humans, by autonomously logging on and orchestrating various systems. Blue Prism’s Software Robots are differentiated in the market as they have been designed to be deployed at scale in enterprise-sized organisations where security, resilience, robustness, flexibility, scalability and compliance can be critical.
Blue Prism’s Software Robots provide a Virtual Workforce that is operated by the business function while being supported by the IT function. As such, software robots can address the “long tail” of automation that is currently not able to be addressed by the IT function due to limited economic granularity and resources.

The Group spent several years “industrialising” the software with a number of its blue-chip customers, including Barclays Bank, Co-operative Banking Group, Telefónica O2, RWE npower and Shop Direct. This enabled Blue Prism to meet the product and methodology standards needed to deploy this new robotic workforce in a transformational way, much like BPO did to business back offices 20 years ago. For this reason, Blue Prism’s customers see the robots as a third sourcing option to complement onshore and offshore human resources.

The Group is increasingly focused on establishing its global Channel Partner ecosystem which currently includes Accenture, Deloitte, Cap Gemini, IBM, id. Management, NEOOPS and Thoughtonomy.

Blue Prism has 58 employees based out of offices in Newton-le-Willows and London (UK) and Miami, Chicago, New York and San Francisco (US)."

Admission date to AIM 18 Mar 2016
Key Fundamentals 31-Oct-15 31-Oct-16 31-Oct-17 31-Oct-18
Revenue (£ m) 6.06 9.64 24.50 55.20
Pre-Tax (£ m) -0.74 -5.25 -9.54 -26.00

Major Shareholders (25.3.19):
MERIAN GLOBAL INVESTORS (UK) Limited (formerly Old Mutual Global Investors) 18.23%
Jason Kingdon 7.52%
Alastair Bathgate 6.13%
David Moss 3.31%

Registered Address

2 Cinnamon Park Crab Lane

Contact Details

Previous Names

BLUE PRISM GROUP LIMITED 2016-02-17 - 2016-03-14
NEWINCCO 1381 LIMITED 2015-09-02 - 2016-02-17

Key Data

9537 Software
Company Number
Public Limited Company
Company Age
5 years
September 2, 2015
Nature of Business
62012 - Business and domestic software development
Year End
October 31
Accounts Due
April 30, 2022
Latest Accounts
October 31, 2020


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