The Robot Exchange selects Lisburn for R&D hub

  • Robotics company The Robot Exchange has selected Lisburn for its investment in a new research and development project that will deliver innovation in machine learning and artificial intelligence.

    The Robot Exchange was founded over a year ago and is currently headquartered in Nottingham, but the firm has selected Lisburn as the site for its upcoming research and development hub in an effort to spur future business growth. The company uses RPA solutions to automate tasks such as back office administration, resulting in increased efficiencies and cost savings for companies and freeing up staff to focus on more important activities .

    Invest N.I is supporting the new R&D project with part funding obtained by ERDF under the EU Investment for Growth and Jobs Programme 2014-2020. The project aims to improve customer accessibility and reduce the cost of new IT architecture, and it will open seven new tech positions to be filled.

    "Our RPA solution uses software robots to capture data and manipulate applications in the way a human would. They interpret, trigger responses and communicate with other software applications in order to perform a variety of repetitive tasks," explained Andy Wallace, CEO of The Robot Exchange.

    "The Robot Exchange is a company that recognises the importance of R&D to business growth and is investing early in its lifecycle to stay ahead of the competition. Investment in R&D results in competitive advantage, increased sales and, hence, growth," stated Dr Vicky Kell, Director of Innovation, Research & Development, Invest NI

    Source: Invest NI Press Release

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