Automation emerged as the top priority for the enterprise CXOs during the Covid times to ensure business resiliency. Consequently, more than 90% of the Fortune 250 enterprises have invested meaningfully into automation to ensure business resiliency! Given this traction on the demand side, there is immense crowding on the supply side with more than 1300 platforms vying for this market opportunity. In addition, we see larger platforms and technology majors rapidly acquiring niche assets in order to build tech capabilities, and short circuit the time to market. We have tracked more than 100 acquisitions in the last 5 years alone aligned to automation! And this trend of consolidation is expected to intensify further.