Thrive Automation replaced an incumbent automation process with ElectroNeek bots which resulted in a return on investment cost savings of 570% for the end customer.
Thrive Automation and its customer, a technology company within the automotive sales industry, transitioned an automated process from one of the largest RPA vendors to an equivalent from ElectroNeek. This transition enabled them to cost-effectively scale the customer’s automation process.
Thrive Automation is an RPA Managed Service Provider based in Ontario, Canada. Their key mission is helping businesses to achieve the full potential of their employees by maximizing corporate, environmental, and social outcomes, irrespective of their size and scale.
As a Managed Service Provider, Thrive Automation offers the following services to their customers:
- Automation readiness audit
- Developing automation roadmap
- Building automation pilot
- Automation center of excellence
- Thrive Care: custom training and education packages
To execute data scraping from multiple web sources, the customer was using a costly platform provided by one of the largest RPA vendors (referred to as ‘Vendor A’). Once the scraping was executed the customer team was applying business logic to that data and storing it in their data lake. When the customer decided to start scaling this automation process, the per-bot licensing model offered by Vendor A made the solution economically infeasible.
The calculation within the cost model for Thrive Automation’s customer looks like this:
After minor performance tuning, the ElectroNeek bot run time was still slightly longer than the Vendor A bot. This meant in order to meet the customers workload demand, 41 Vendor A bots were needed vs 52 Electroneek bots. After including costs for licensing, re-platforming, testing & re-deploying the bot using ElectroNeek the client achieved a 1-year ROI of 570% & a ~2 month payback.
The ability to develop an alternative and significantly cost-effective solution utilizing the ElectroNeek products has motivated the Thrive Automation team to further expand their Center of Excellence capabilities upon the ElectroNeek platform. This further enhances the Thrive Automation development and support solution offerings across an expansive list of business verticals.
- RPA Service Provider
- Ontario, Canada
- Data Capture
- Data Processing
- Data Management
- Web scraping
- Chrome automation
- MSSQL & Big Query
- Excel integration