SHANGHAI, Jan. 24, 2019 /PRNewswire/ -- CLPS Incorporation
(the "Company" or "CLPS") (Nasdaq: CLPS), a leading information
technology ("IT") consulting and solutions service provider
focusing on the banking, insurance and financial sectors in
China and globally, today
announced the success of an internal pilot test run of its Robotic
Process Automation (RPA) technology.
Robotic Process Automation (RPA) has been one of the important
research areas of CLPS Research Institute. In December 2018, CLPS ran a successful internal
pilot test of RPA, aiming to automate the in-house human resources
department's business processes, which cover more than 2,000
employees. Instead of manual work, the RPA mimics human activity
that streamlines the internal management system and improve
efficiency.
Through its in-depth RPA research effort, CLPS has been able to
transform its routine human resources business processes from
manual work to automated processes. This development optimizes the
Company's operations and, as a result, will reduce operational
costs and human error without compromising the legacy HR system.
Most importantly, employees will be able to devote more time to
higher-value tasks like data analysis, decision-making, and
innovation.
The RPA pilot not only benefits the Company's ongoing various
business processes and operating efficiency, it also lays a solid
foundation for offering RPA technology solutions to clients in the
banking, insurance, and financial industries. Going forward, CLPS
plans to explore solutions that combine RPA with artificial
intelligence and big data to facilitate digital transformation and
to create greater business value to its clients.
About CLPS Incorporation
Headquartered in Shanghai,
China, CLPS Incorporation (the "Company") (Nasdaq: CLPS) is
a global leading information technology ("IT"), consulting and
solutions service provider focusing on the banking, insurance and
financial sectors. The Company serves as an IT solutions provider
to a growing network of clients in the global financial industry,
including large financial institutions in the US, Europe, Australia and Hong
Kong and their PRC-based IT centers. The Company maintains
ten delivery and/or research & development centers to serve
different customers in various geographic locations. Mainland
China centers are located in
Shanghai, Beijing, Dalian, Tianjin, Chengdu, Guangzhou and Shenzhen. The remaining three global centers
are located in Hong Kong,
Singapore and Australia. For further information regarding
the Company, please visit: http://ir.clpsglobal.com/.
Forward-Looking Statements
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to the
Company's beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond the Company's control, and which
may cause the actual results, performance, capital, ownership or
achievements of the Company to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. All written or oral forward-looking
statements attributable to us are expressly qualified in their
entirety by this cautionary notice, including, without limitation,
those risks and uncertainties described in the Company's most
recently filed annual report on Form 20-F and otherwise in our SEC
reports and filings. Such reports are available upon request from
the Company, or from the Securities and Exchange Commission,
including through the SEC's Internet website at http://www.sec.gov.
We have no obligation and do not undertake to update, revise or
correct any of the forward-looking statements after the date
hereof, or after the respective dates on which any such statements
otherwise are made.
Contact:
CLPS Incorporation
Tian van Acken
Chief Financial Officer
Phone: +86-158-0198-4357
Email: ir@clpsglobal.com
ICR Inc.
Rose Zu
Phone: +1-646-405-4868
Email: ir@clpsglobal.com
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SOURCE CLPS