UiPath

UiPath

Robotic process automation software provider

About

UiPath provides robotic process automation (RPA) solutions that help businesses improve their efficiency by automating repetitive tasks. Their software allows organizations to create AI-driven workflows and manage these processes through cloud-based orchestration. This means that users can set up automated tasks that run without human intervention, which saves time and reduces costs. Unlike many competitors, UiPath not only sells software licenses and subscription services but also offers a marketplace for third-party integrations, allowing users to enhance their automation capabilities. The main goal of UiPath is to empower organizations to increase productivity and streamline operations through effective automation.

Company Stage

IPO

Employees

1,001-5,000

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$1.9B

Headquarters

New York City, New York

Founded

2005


Simplify Jobs

Simplify's Take

What believers are saying

  • UiPath leads the 2024 Everest Group automation assessment, showcasing industry leadership.
  • Collaboration with The Bank of East Asia enhances enterprise automation solutions.
  • AI-driven process discovery tools are gaining traction, boosting automation opportunities.

What critics are saying

  • Emerging AI agents may overshadow traditional RPA solutions, reducing market share.
  • High implementation costs of RPA tools could deter potential clients.
  • Rapid AI evolution may outpace UiPath's offerings, requiring significant R&D investment.

What makes UiPath unique

  • UiPath offers robust governance and multiple robots on a single virtual machine.
  • The AI Trust Layer enhances governance of GenAI features across the platform.
  • UiPath's marketplace expands its ecosystem with third-party integrations and solutions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

16%

2 year growth

13%

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