Providing Practical AI Solutions, Rapid Acceleration Partners Is Enabling Companies With Hyper-Automation Of Repetitive Processes
Technology is changing the world very fast. And in this changing world, AI has emerged as the most disruptive technology.
AI can help companies achieve operational efficiency, significant ROI, and the growth they have only imagined. And due to the advancements in AI, tech companies are coming up with several useful and efficient solutions, creating growth opportunities for everyone involved.
Providing practical AI solutions for digital business transformation, today’s startup story is about Rapid Acceleration Partners (RAP), a startup providing hyper-automation for companies of all sizes through accessible and affordable AI solutions.
Startup Story: Rapid Acceleration Partners | Practical AI Solutions For Digital Business Transformation
Rapid Acceleration Partners Founder
Started by Raghuram Ramamurthy, Baskar Agneewaran, and Ramesh Kumar in 2017, Rapid Acceleration Partners (RAP) is a SaaS startup that provides practical AI solutions for digital business transformation, enabling hyper-automation for companies of all sizes.
To democratize AI, RAP has developed products like RAPFlow, an AI orchestration platform for building content intelligence solutions, and RAPBot, an RPA (Rapid Process Automation) solution for end-to-end automation.
How Rapid Acceleration Partners Started?
Raghuram, Baskar, and Ramesh started Rapid Acceleration Partners to tackle the challenge of processing unstructured content. The trio realised that processing of unstructured content was a problem faced by 90% of enterprises, with unstructured content volume growing at 50-60% per year.
Soon, the founders focussed on automating highly repetitive, data-intensive processes and other workflows for greater efficiency, scalability, and cost-effectiveness and started Rapid Acceleration Partners (RAP) in Chennai in 2017.[Read: Edtech Startup GoSeeko Is Making Higher Education More Accessible And Convenient For Students In Tier II and III Cities]
USP Of Rapid Acceleration Partners
Aiming to solve the challenge of unstructured content, RAP offers platform-based solutions, RAPFlow and RAPBot to streamline processes, boost operational efficiency, and provide significant ROI in a relatively short timeframe.
These platform-based solutions are applicable across processes in IT, Finance, HR, and more, enabling customer service automation via chat and email, form recognition, document understanding, and processing, as well as smart automation of routine processes.
Using the platform’s ‘drag n drop’ feature, RAP allows its customers to build their own use cases and implement them.
“We specialise in automating highly-repetitive, data-intensive processes across a range of industries including hospitality management, shared services, healthcare, BFSI, retail, logistics, real estate, and more.”
RAPFlow and RAPBot together provide Intelligent Process Automation (IPA) capabilities for end-to-end process automation, called hyper-automation.
Present Situation Of Rapid Acceleration Partners
Working with a 35-member team, RAP provides a subscription-based model with intelligent automation-as-a-service to the clients. The SaaS startup charges anywhere between $1,000 to $10,000 to its clients.
Some of its notable clients include CAMS, KFintech, SalesCatcher, SBI Group, and Global Engine Maintenance.
Future Plans Of Rapid Acceleration Partners
Working with a solution-focused mindset, the SaaS startup plans to unify the platforms for truly democratised IPA offerings.
“In future, we plan to unify the platforms, enabling bot-as-a-service for truly democratised IPA offerings for companies of all sizes.”
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