{"id":1160,"date":"2014-04-01T00:01:00","date_gmt":"2014-04-01T00:01:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/first-automated-analyst_040114\/"},"modified":"2014-04-01T00:01:00","modified_gmt":"2014-04-01T00:01:00","slug":"first-automated-analyst_040114","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/first-automated-analyst_040114\/","title":{"rendered":"HfS and Blue Prism partner to develop automated analyst solutions"},"content":{"rendered":"
\"\"<\/p>\n

Meet Clive: Robo-Analyst Prototype<\/p>\n<\/div>\n

Industry analyst authority HfS Research has today announced a strategic partnership with leading\u00a0Robotic Automation software company, Blue Prism<\/a> to develop the first automated analyst prototype.<\/p>\n

HfS has been conducting some major research studies<\/a> into the emerging trend of Robotic Process Automation (RPA), which is threatening to revolutionize the IT and business process outsourcing world by mimicking and automating repetitive back office tasks such as order management, accounts payable and employee performance management. As HfS was developing its research findings, the firm’s research leadership started to realize its own research processes could potentially benefit from RPA and approached Blue Prism to prototype a beta-robot to produce the first ever automated analyst report.<\/p>\n

“Developing new research on an automation platform could be the new game-changer in the world of research and analysis”, commented HfS Research CEO Phil Fersht.<\/p>\n

“We’ve been searching for a while now to break the linear growth cycle of the research industry – that is hiring human analysts everytime we need to cover new research areas for our clients. Being able to leverage the capabilities of a world class automation platform like Blue Prism will enable us to become thought-leaders in whole new corners of the market without adding stifling incremental costs to our research delivery.”<\/p>\n

As part of HfS and Blue Prism’s first pilot Robo-Analyst<\/em> project, the development teams have been able to produce the first Robo-Quadrant<\/em> in the area of “Digital Transformation”.<\/p>\n

Commenting on the project, Fersht added, “We have been blown away by the results – we programmed the robot to trawl vendor websites and create complex algorithms based on their usage of technical terminology. Essentially, the more they used terms such as ‘Big Data’, ‘Transformation’, ‘Digital Solutions’, ‘Social Media’ and ‘Cloud’, the further the robot moved their position over to the right of the quadrant. \u00a0Then we created an API to our accounting system, and based on how much the vendor was spending in proportion to its competitors, the robot proceeded either to raise the vendor performance towards the upper-right corner, or lower it in the direction of the lower-left. \u00a0Then we checked the results with the same quadrant being run by one of our human analysts and the results were a 97% match”.<\/p>\n

After the initial success of \u00a0Robo-Quadrants, HfS is quickly turning its attention to the use of Robo-Analysts directly with its clients. \u00a0In order to minimize any risks to its key client relationships, HfS has been soft-launching its first client-facing robo-analyst in Australia, which has resulted in the creation of Robo-Analyst\u00a0Clive, who has already been working with a series of local clients.<\/p>\n

Commenting on Clive’s recent performance, Blue Prism’s CEO Alastair Floodgate personally sat in on a recent telephone briefing between Clive and a local provider of technology services. \u00a0“I was amazed at how well the briefing went – we’d pre-programmed Clive with phrases such as ‘you are simply wonderful – clients will be thrilled by your outcomes, mate’ and ‘its so refreshing to hear an original value proposition that genuinely differentiates you from your competitors’. However, it did get a bit weird when the provider asked Clive out for a drink – we’ll need to work on that aspect.”<\/p>\n

Based on the success of Robo-Analyst\u00a0Clive, HfS and Blue Prism are planning to roll out a series of Robo-Analysts across the globe, including Robo-Analyst\u00a0Grace for China, Robo-Analyst\u00a0Hank for North America and Robo-Analyst\u00a0Gary for the UK. \u00a0They are also experimenting in the sourcing advisor market, and have a Texas-accented Robo-Advisor call Rate-card Rick in the works.<\/p>\n

If you would like to learn more about the revolutionary HfS and Blueprism venture, you can email your questions to roboanalyst@hfsresearch.com<\/a><\/p>\n

And of course… this was an:<\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

Please, please don’t tell me you fell for this again! \u00a0Even though the solution might kinda work…<\/p>\n

And while we\u2019re reminiscing about falling for April Fools\u2019 gags, here is 2013’s classic:<\/em><\/p>\n

Phil Fersht steps down as HfS CEO<\/a><\/strong><\/p>\n

And 2012’s<\/em><\/p>\n

Merriam-Webster to remove the term Outsourcing for IT and Business Services<\/a><\/strong><\/p>\n

And 2011’s<\/em><\/p>\n

Painsharing exposed: HfS to reveal the worst performers in the outsourcing industry<\/a><\/strong><\/p>\n

And 2010’s:<\/em><\/p>\n

Horses for Sources to advise Obama administration on offshore outsourcing<\/a><\/strong><\/p>\n

Oh, and here\u2019s 2009’s which I really hope you didn\u2019t fall for too (and many did):<\/em><\/p>\n

Horses Exclusive: Obama to ban offshore outsourcing<\/a><\/strong><\/p>\n

Now if you fell for all SIX of these, please ADMIT TO THE WORLD NOW AND FOREVER HOLD YOUR PEACE \ud83d\ude42<\/div>\n","protected":false},"excerpt":{"rendered":"

Meet Clive: Robo-Analyst Prototype Industry analyst authority HfS Research has today announced a strategic partnership with leading\u00a0Robotic Automation software company,…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,53,78,90,97],"tags":[303],"ppma_author":[19],"yoast_head":"\nHfS and Blue Prism partner to develop automated analyst solutions - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.horsesforsources.com\/first-automated-analyst_040114\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HfS and Blue Prism partner to develop automated analyst solutions - Horses for Sources | No Boundaries\" \/>\n<meta property=\"og:description\" content=\"Meet Clive: Robo-Analyst Prototype Industry analyst authority HfS Research has today announced a strategic partnership with leading\u00a0Robotic Automation software company,...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.horsesforsources.com\/first-automated-analyst_040114\/\" \/>\n<meta property=\"og:site_name\" content=\"Horses for Sources | No Boundaries\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-01T00:01:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2014\/04\/HfS-Robot-e1396354982167.jpg\" \/>\n<meta name=\"author\" content=\"Phil Fersht\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@pfersht\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Phil Fersht\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.horsesforsources.com\/first-automated-analyst_040114\/\",\"url\":\"https:\/\/www.horsesforsources.com\/first-automated-analyst_040114\/\",\"name\":\"HfS and Blue Prism partner to develop automated analyst solutions - 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