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About UiPath
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$1.9B
Headquarters
New York City, New York
Founded
2005
Overview
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. What sets UiPath apart from its competitors is its extensive marketplace for third-party integrations, allowing users to enhance their automation capabilities with additional tools and solutions. The main goal of UiPath is to empower organizations to increase productivity and streamline operations through effective automation.
Simplify's Take
What believers are saying
- Collaboration with The Bank of East Asia strengthens presence in the Asian financial market.
- Training program in UAE boosts UiPath's brand in AI education and workforce development.
- Integration with legacy systems via PigAPI reduces client maintenance costs and vulnerabilities.
What critics are saying
- Closure of Quality Assurance department may lead to potential quality control issues.
- Rapid AI agent evolution could outpace UiPath's current offerings, risking competitive edge.
- Regional regulatory risks may arise from collaboration with The Bank of East Asia.
What makes UiPath unique
- UiPath's AI Fabric bridges RPA and machine learning, enhancing automation capabilities.
- Agentic Automation technology allows handling of complex, unstructured tasks, expanding market opportunities.
- AI Trust Layer positions UiPath as a leader in responsible AI deployment and governance.
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Funding
Total Funding
$1936.8M
Above
Industry Average
Funded Over
8 Rounds
Tiger Global
Coatue Management
Accel
Kleiner PerkinsBenefits
Flexible Work Hours
Remote Work Options
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↑ 2%Dines said in December that in the "next two months," UiPath would launch Agentic Automation, a technology that would allow AI to perform complex, unstructured tasks like human employees.
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. In the evolving landscape of AI, enterprises face the challenge of integrating modernsolutions with legacy systems that often lack the necessary application programming interfaces (APIs) for seamless integration. Approximately 66% of organizations continue to rely on legacy applications for core operations, leading to increased maintenance costs and security vulnerabilities. Tools like PigAPI have taken a different approach to this problem by enabling AI agents to interact directly with graphical user interfaces (GUIs) within virtual Windows desktops hosted in the cloud. This connects modern AI capabilities with legacy software, allowing for automation of tasks such as data entry and workflow management without the need for local infrastructure
UiPath, a leader in the RPA space, introduced AI Fabric to bridge the gap between RPA and ML.
At their recent Forward VI conference in Las Vegas, UiPath founder and CEO Daniel Dines laid out an ambitious vision for combining artificial intelligence with robotic process automation (RPA) to tackle organizations' most complex challenges.
UiPath has also launched the AI Trust Layer, designed for the governance of GenAI features and agents across the entire platform.
There are no jobs for UiPath right now.
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About UiPath
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$1.9B
Headquarters
New York City, New York
Founded
2005
There are no jobs for UiPath right now.
Find jobs on Simplify and start your career today