
TOKYO -- SoftBank-backed U.S. software company Automation Anywhere is on track to reach profitability for the first time, its CEO said, as the COVID-19 pandemic boosts demand for process automation.
"We will likely reach profitability, or near profitability, by the end of this year," Automation Anywhere co-founder and CEO Mihir Shukla said in an interview with Nikkei Asia. If the company generates a profit for the year ending January 2021, it will be its first.