Automation Anywhere appoints Intel VP and CMO to fuel growth

Tim McDonough, who most recently served as Vice President (VP) and Chief Marketing Officer (CMO) of the Datacenter and AI (DCAI) business at tech giant Intel, joins the Intelligent Document Processing (IDP) provider as Chief Marketing Officer to shape and lead the company’s global brand, growth strategies and go-to-market functions.

Automation Anywhere, an AI-powered process automation solutions provider, announced April 18 the appointment of Tim McDonough as its new Chief Marketing Officer (CMO). Tim McDonough brings more than 20 years of experience in taking cutting-edge hardware, software and services to market and, having held executive roles at leading tech companies such as Unity Technologies, Qualcomm and Microsoft prior to his most recent role at Intel.

Mihir Shukla, CEO of Automation Anywhere, said: “Tim joins us at an incredible time in our journey as we experience a new phase of growth ignited by the transformative benefits of our generative AI process automation models that are transforming our customers’ businesses. Tim’s impressive experience will be instrumental in our efforts to empower organizations to achieve amazing results by automating more than forty percent of workflows and tasks, and saving millions, even billions, of dollars.”

Tim McDonough commented on his new role: “I’m looking forward to helping lead Automation Anywhere through its next phase growth as it helps companies transform their business. Seeing how customers are innovating with Automation Anywhere’s platform demonstrated to me the incredible market opportunity we have. When you combine automation with generative AI, customers can now go beyond task or departmental impact and automate at an enterprise level, empowering companies and employees to do their very best work.”

A month ago, the IDP provider announced that it achieved record fourth quarter results driven by its generative AI-powered automation solutions, large enterprise customer deals and robust sales worldwide. According to Automation Anywhere, the fourth quarter results exceeded the company’s forecasts and targets, with 50% growth compared to the third quarter and a 14% year-on-year increase in large deals.

Headquartered in San Jose, California, Automation Anywhere provides intelligent automation solutions that put AI to work across every aspect of an organization. The company’s Automation Success Platform is infused with generative AI and offers process discovery, RPA, end-to-end process orchestration, document processing, and analytics.

You can find the full press release here.

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