EVOTEK Acquires Mystic River, Bringing Innovation, Relationships and Culture Together

Posted by Mystic River Solutions | EVOTEK Media Desk on Oct 26, 2020 10:23:59 AM

 

SAN DIEGO, October 26, 2020 -- EVOTEK (www.evotek.com), the nation's premier enabler of secure digital business, announced today, the company’s first ever acquisition of Mystic River Consulting. The new entity, Mystic River Solutions, expands EVOTEK’s services portfolio into Intelligent and Robotic Process Automation (RPA). EVOTEK’s financial strength and market relevance has allowed the company to continuously innovate. The combined organization will extend national reach into the Northeast, with a collective 130 employees and combined revenues over $350 million.

Mystic River, founded by Brian Raposo, designs and deploys custom automations, leveraging consulting excellence and deep expertise in highly scalable intelligent automation operations. Mystic River specializes in extending Robotic Process Automation (RPA), Business Process, AI and Machine Learning into cohesive Intelligent Automation (IA) Frameworks, which bridge the gap between back office and front office functions. This enables enterprises to realize the full impact of a digital workforce by reaching beyond technology, into business process and workforce management.

“Robotic Process Automation is the next frontier to support the digital workforce movement,” said Cesar Enciso, Founder and CEO of EVOTEK. “This acquisition is about much more than a purchase of brilliant ideas and technology. This is about the coming together of relationships and cultures. I have known Brian for nearly a decade and previously built a successful business together. He is the perfect addition to EVOTEK, as is the next-generation business he founded. This will be another differentiator for the company, further highlighting that the days of the box-pushing-VARs are over.”

In September 2020, an integrated team of process automation professionals from KPMG’s Digital Labor Center of Excellence moved as an intact Center of Excellence (COE) to Mystic River. The COE has deployed hundreds of bots at client sites and automated over a half million hours of manual processes across functions including Finance, HR, IT and Marketing. Mystic River will operate independently as an EVOTEK subsidiary and be led by Heather Maitre, Managing Director. As part of the acquisition, 25 employees will join the EVOTEK family. “EVOTEK’s operational excellence and agility provide the infrastructure needed for Mystic River to support the large enterprise. Our organizations jointly value service excellence, customer purpose and taking care of our people. EVOTEK has an incredible culture and fabulous leadership,” added Maitre.

“Intelligent automation is critical to effectively manage software-defined infrastructure, as it becomes an integral part of the expanding, hybrid enterprise. EVOTEK’s expertise in cybersecurity and cloud provide the foundational confidence our customers need to trust a deep level of automation,” said Jeff Klenner, President of EVOTEK.

Founded in 2014, EVOTEK is purpose built to assist enterprise customers with the changing IT landscape. EVOTEK is unique in its ability to support the hybrid space between traditional IT and a secure multi-cloud. EVOTEK’s focus on automation has been key to assisting customers to drive down operational costs while adding capabilities. The company has experienced hypergrowth during its 6-years of existence, in both terms of employees and revenues.

 “EVOTEK’s track record of being a market disrupter will make for an exciting integration of our complimentary practices,” said Raposo. “Joining forces with EVOTEK will create a different class of supplier, with a unique blend of advisory services, specialized consulting and technology providers. What a great time to be joining the top privately owned systems integrator in the country.”

About EVOTEK

EVOTEK is North America's premier enabler of digital business with a focus on innovation. With technology offerings in both data center and cloud, EVOTEK is uniquely equipped to enable customers with the industry shift from traditional IT computing to secure multi-cloud. With services practices in cybersecurity, mobility, platform engineering and AIOps, EVOTEK is moving up the value chain, closer to the part of digital business that matters most. EVOTEK was named to Inc. Magazine’s Best Places to work in 2018 and 2020. For five years straight, from 2016-2020, EVOTEK was named to The San Diego Business Journal's Best Places to work and recognized in CRN's Solution Provider 500 list, CRN's Next-Generation 250 list, CRN’s Triple Crown and highlighted as CRN's Top 150 Growth Companies, holding the #1 spot in 2017 as the fastest growing system integrator in the country. In 2020, EVOTEK was named to the Inc. 5000 list as one of the fastest growing companies in America.

 

To learn more about how EVOTEK can enable your digital business, visit http://www.EVOTEK.com/.

Follow EVOTEK: Twitter | LinkedIn | Facebook 

 

Topics: Continuous Intelligence, Robotic Process Automation (RPA), RPA, Intelligent Automation

Mystic River Consulting Announces Alliance with Automation Anywhere, A Leading RPA and Intelligent Automation Software Provider

Posted by MRC Media Desk on Oct 15, 2020 3:00:00 PM

For Immediate Release

LOS ANGELES

Mystic River Consulting (MRC), a game changing consultancy that streamlines operations with an unmatched robotic process automation (RPA) services portfolio, today announces an alliance with Automation Anywhere, Inc., a global leader in RPA.

This collaboration will accelerate ROI for enterprise RPA investments by leveraging MRC’s RPA Center of Excellence (COE), which has built hundreds of automations that saved over 560,000 hours of manual processes for customers across IT, Finance, HR, Learning, Marketing and more on Automation Anywhere’s intelligent automation platform. The RPA market represents the fastest growing software segment, however, there is a professional services gap for scaling the use of software bots throughout an enterprise given the lack of experience in the RPA maturity spectrum.

For clients trying to scale operations, MRC provides an offering that is unique in the marketplace: a “COE in a Box.” It includes experienced staff in all necessary COE roles (e.g., business analysts, developers, portfolio managers) along with a proprietary service delivery platform. MRC’s platform contains a vast library of reusable code, best practice processes (e.g., a model SAP invoice reconciliation for Finance), multi-tenant service delivery, training and communications content, and more.

Whether a client is starting on an RPA journey or trying to scale to 100+ RPA devices, the process mining methodology is customized to fit the ongoing needs of the client. MRC conducts analyses to ensure the right processes are identified, calculates expected ROI and ensures targeted areas are aligned with the organization’s strategic priorities. MRC provides detailed use case development, engineering, testing, deployment, continuous improvement, ROI tracking and change management services.

“MRC’s services enable RPA integration for customers to realize the benefits of intelligent automation faster and easier, particularly at a time when digital transformation has accelerated due to the onset of the pandemic,” said Derek Toone, Senior Vice President, Channel Strategy and Global Alliances, Automation Anywhere. “We are excited to collaborate with MRC and look forward to working with their consultants using our leading digital workforce platform.”

MRC’s founder, Brian Raposo, stated “Mystic River Consulting is poised to fill the role of providing highly specialized and targeted RPA services with our groundbreaking multi-tenant service delivery platform. The knowledge and experience of our team removes risk, fast tracks savings and, most importantly, allows for our customers to leverage RPA to gain a competitive advantage in a highly evolving market.”

“We are confident that MRC’s COE services, delivered using the Automation Anywhere technology, will accelerate adoption and time to value for enterprises across the globe.”

About Mystic River Consulting: 

Mystic River Consulting is a rapidly growing intelligent automation consultancy with proven, repeatable service delivery methodologies, via its Robotic Process Automation (RPA), Continuous Intelligence, AIOps and Business Intelligence service portfolio. Its proprietary platform drives results at a game changing speed. For additional information, visit https://mysticriver.consulting/. To discuss your potential automation needs, contact us at sales@mysticriver.consulting or call (310) 844-1998.

Topics: Press Releases, Robotic Process Automation (RPA), Digital Transformation, RPA, Intelligent Automation

Mystic River Consulting Doubles Down on AI with an Intelligent Automation COE

Posted by MRC Media Desk on Sep 10, 2020 9:00:00 AM

For Immediate Release

LOS ANGELES (PRWEB) 

Mystic River Consulting, a groundbreaking consultancy whose mission is to improve Business Process through the study and application of AIOps, data analytics, and Intelligent Automation (IA), made an announcement to super charge current IA and RPA (Robotic Process Automation) capability with an acquisition of a Center of Excellence (COE).

An effective Intelligent Automation COE scales far beyond technical development and requires alignment to business process through Business Analysts and Portfolio Managers. The investment is comprised of 11 Process Automation professionals and functions as a “plug and play COE” to jump-start a new customer program or to help existing COE’s hit scale in the RPA or IA disciplines. The addition of this team will augment the existing Mystic River RPA development team. The COE team is combined with a proprietary service delivery platform that contains a vast library of reusable code, integrations, best practice processes (e.g., a model SAP invoice reconciliation for Finance), multi-tenant service delivery, training and communications content, and more. Mystic River’s Intelligent Automation COE built hundreds of bots and automated 560,000+ hours of manual processes across Finance, HR, IT, Learning, Marketing and more. The automation market alone represents the fastest growing software segment, however, there is a professional services gap for scaling the use of bots across an enterprise given a lack of focus on the business process and experience in the provider community beyond the Global SI’s. This team is primed and empowered to help companies fill this gap.

Led by Associate Director, Carla Luciano, the group comes to Mystic River from a Big 4 Firm but they also have a significant amount of domain expertise in multiple industries. With Jeff Berkowitz serving in the Program Manager role, Dennis Zaide as Technical Lead, and Donna Slaughter managing Portfolio activities, the Center of Excellence includes these roles in addition to talented Business Analysts (Ameera Afzal, Anjali Dhir), Senior Developers (Tyler Teschon, Rahul Pindi) and Infrastructure Support (Brendon Hurst), this team is ready to get your bot workforce up and running! Click here to view our site.

MRC’s founder, Brian Raposo, stated that he is ”poised to fill the role of providing highly specialized and targeted RPA and IA services with our ground breaking multi-tenant service delivery platform. The knowledge and experience of our team removes risk, fast tracks savings and, most importantly, allows for our customers to leverage process automation to gain a competitive advantage in a highly evolving market.”

About Mystic River Consulting: Mystic River Consulting is a rapidly growing Business Process Automation consultancy with proven, repeatable service delivery methodologies, via its Robotic Process Automation (RPA), Continuous Intelligence, AIOps and Data Analytics service portfolio. Its proprietary platform drives results at a game changing speed. For additional information, visit https://mysticriver.consulting/. To discuss your potential automation needs, contact us at sales@mysticriver.consulting or call (310) 844-1998.

Topics: Press Releases, Robotic Process Automation (RPA), Digital Transformation, RPA, Intelligent Automation

Mystic River Consulting Announces Partnership with Leading RPA Vendor UIPath

Posted by MRC Media Desk on Dec 16, 2019 11:03:00 PM

For Immediate Release

[LOS ANGELES, CA]: Mystic River Consulting (MRC), a consultancy that modernizes operational capability with an unmatched service portfolio in automation, artificial intelligence, data and analytics, is pleased to announce its recent partnership with UI Path, the leading Robotic Process Automation (RPA) software company.

It has been estimated that the average person spends anywhere from 30-50% of their time on manual processes. Robotic process automation uses robots, or software, to automatically executive repetitive tasks, generally across multiple systems and applications. This results in unprecedented accuracy and greatly accelerated downstream processing. Organizations that employ RPA often refer to this as "digital labor." 

This partnership enables Mystic River to help is customers improve the accuracy of manual tasks to over 90% and dramatically accelerate processing time.  More importantly, MRC can help enterprises advance the potential of every enterprise employee, allowing them to shift their efforts to business results-oriented or high value customer facing activities. "Our partnership with UiPath is enabling us to reduce manually intensive efforts in IT, HR, Finance and Accounting operations. We are seeing great traction particularly in Banking, Hospitality and Insurance, where the automation of billing, customer service and financial reconciliation have an undeniable ROI," stated Ruchna Bhagat, CEO.  She added, "The partnership with UI Path also uniquely diversifies the solutions offered by our IT Service & Operations Management Center of Excellence, which continues to broaden its IT Transformation portfolio."

According to the World Economic Forum, the share of task hours between humans and robots was 71/29 in 2018. Robots are expected to absorb another 13% of tasks by the end of 2020.

About Mystic River Consulting: MRC is a firm that helps companies transform with automation and master data management technologies that better structure processes and data, reducing process overhead, and business intelligence solutions that provide insight at the speed of digital business. Their proven, repeatable service delivery methodologies and proprietary platform deliver transformational results at game-changing speed.

About UIPath: UI Path is a technology company that uses the transformative power of automation to liberate the boundless potential of people.

Topics: Robotic Process Automation (RPA)

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