AI Magazine February 2021 | Page 72

DANILO MCGARRY / UIPATH / ISG AUTOMATION

Danilo McGarry , Chris Duddridge , UiPath , and Wayne Butterfield , ISG Automation discuss how automation technologies can impact a company ’ s valuation

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T he benefits of automation can sometimes be communicated nebulously . In fact , automation technologies such as RPA can sometimes positive impact a company ’ s valuation , as three industry experts describe .

Danilo McGarry is an automation industry thought leader , with extensive experience in the industry . “ I ’ ve been doing this for about 15 years - before it was called automation ,” he says . “ I worked in many different industries - banking , oil and gas , healthcare - and I used to have my own consultancy firm as well . So I ’ ve been a client , a consultant , and I ’ ve also been an advisor to most of the automation companies out there today . So I understand the market well .“
That experience has convinced McGarry of the noticeable positive impact it can have on company valuations that stems from introducing automation technologies . “ One way a company is valued is by taking the revenue of the company and times it by a valuation multiple that can be acquired from mergers and acquisitions ( M & A ) tables ,” says McGarry .
FEBRUARY 2021