Hyland acquires German RPA Software Provider Another Monday

The vendor says the feature-rich, end-to-end RPA software solution extends Hyland’s process automation capabilities and strengthens its content services product portfolio.

(Cologne, home of Another Monday. Image credit: Gerd Rohs.)

Hyland (Cleveland), a content management solutions and services provider serving the insurance and other industries, has announced its acquisition of Another Monday, a German-based robotic process automation (RPA) software developer. The vendor says that addition of a feature-rich, end-to-end RPA software solution that is highly configurable extends Hyland’s process automation capabilities and strengthens its content services product portfolio. The companies did not disclose the terms of the acquisition.

Bill Priemer, President and CEO, Hyland.

Another Monday was positioned as a Visionary by Gartner in the Magic Quadrant for Robotic Process Automation Software 2019. Hyland says Another Monday’s four complementary software products will enable Hyland’s customers to augment existing process automation solutions with innovative RPA functionality.

“Adding RPA to Hyland’s content services platform extends and augments our low-code process automation offerings, enabling a next level of digital transformation to all of our customers,” comments Bill Priemer, president and CEO of Hyland. “We look forward to getting to know our Another Monday colleagues, welcoming our new customers and partners to the Hyland community and incorporating this powerful technology into our existing solutions.”

Hyland places the acquisition in the context of a moment when organizations globally face an imperative to leverage automation tools to address business challenges as part of accelerated digital transformation initiatives. The vendor calls addition of RPA technology an integral component of Hyland’s intelligent automation strategy and a natural fit for its customer base.

Easy, End-to-End Automation

“The RPA market is an exciting and challenging space with rapid growth and a vast number of possible applications that organizations can easily combine and integrate for better and more flexible business processes support,” says Hans Martens, founder, Another Monday. “We see Hyland as the best fit to embed our RPA technology into their powerful automation platform, to truly implement easy, end-to-end automation for everyone.”

Hyland reports that it will continue to support Another Monday’s current solutions and customers as it integrates the technology into existing platform offerings.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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