Bizagi Press Release May 2024: AI Market Leadership & Company Momentum

Innovation Drives Bizagi’s Market Momentum

Bizagi sees tremendous results thanks to cloud-first strategy and AI innovation

May 29th 2024, WASHINGTON D.C. – Bizagi, a leader in low-code process automation for the enterprise, announced a strong end to the fiscal year ending March 31, 2024, as a result of its PaaS-led strategy and industry-leading AI features. With a recurring revenue increase of almost 30%, Bizagi has seen stellar performances across all its global territories of North America, Latin America, and Europe. Additionally, Bizagi’s cloud revenues increased at an accelerated pace of 72%, driven by strong adoption of Bizagi’s PaaS platform.  

The low-code platform continues to transform organizations across a range of industries, providing end-to-end automation for leaders in their field such as DHL Group, Unilever International and Bancolombia. Bizagi’s focus on manufacturing and retail supply chains, as well as banking and investments markets have contributed to this past year’s success.  

Bizagi’s CEO, Gustavo Gomez, said: “Ever since Bizagi has focused on becoming a PaaS platform, our innovation has accelerated at a rapid pace. AI is set to reinvent automation, so we’re proud to be leading the market with our innovative AI strategy, focused on delivering business results.” 

The cloud capabilities, combined with Bizagi’s platform innovation have driven growth as the organization continues to focus on end-to-end process automation, powered by AI and low-code apps.  

Continued innovation with Spring 2024 release 

Bizagi will continue its innovation this year, with the latest Spring 2024 release available from May 31st, 2024. Updates to the low-code platform will cement its place as a leader in the marketplace when it comes to AI capabilities.  

The new release features emphasize developer productivity and business results, delivered through AI. Analysts have determined that this sort of business productivity returns the most ROI from AI capabilities. The cloud-native platform on Azure allows Bizagi to keep up with the pace of AI innovation and seamlessly incorporate advances in Open AI via MS Azure. New capabilities include:  

- AI Agents: Bizagi’s powerful new AI capability brings the power of Generative AI into your processes and apps. You can create custom GenAI Agents in minutes. These reusable components are ‘build once, use everywhere’ to optimize your productivity even further.   

- Ask Ada Enhancements: Bizagi’s AI Assistant, Ada, has become even more powerful with Ask Ada Dashboards for self-service analytics and the ability to export to Microsoft Excel. 

- Bizagi Apps & Experience Matrix Additions: Bizagi Apps has new controls and layouts, Tableau integration, and Rules & Forms Actions. 

- New Governance & Administrative Options: New self-service, auditing, and retention policies have been added to provide advanced governance to ensure privacy, security, and accountability.

- Additional Task Automation Methods: Bizagi’s Triggers & Actions now have a new file-based trigger that replaces commodity bot tasks directly within Bizagi.

About Bizagi

Bizagi is an enterprise software company that enables business transformation. Its platform empowers users to create low-code apps with built-in AI that automate business processes. The intuitive and business-friendly technology boosts collaboration between business and IT, delivering faster results. Bizagi powers global brands, including DHL, Unilever, Caterpillar and Bancolombia.