UiPath Named Leader and Featured Player in Everest Group’s PEAK Matrix® for Robotic Process Automation for Fifth Consecutive Year
NEW YORK–(COMMERCIAL THREAD) – UiPath (NYSE: PATH), a leader business automation software company, today announced that for the fifth year in a row, it has been named a leader in robotic process automation (RPA) and a featured player in the technology vendor landscape, according to PEAK Matrix® 2021 review of Everest Group’s robotic process automation products. The company emerged as the only featured player who is also a leader in this year’s assessment, which analyzes the changing dynamics of the RPA landscape and assesses 23 service providers across several key dimensions.
The UiPath end-to-end automation platform is designed to reshape the way humans work, providing customers with a robust set of capabilities to uncover automation opportunities and create, manage, execute, engage, measure and governing automations between departments in an organization. Leveraging the power of artificial intelligence (AI) -based computer vision, UiPath software robots perform a wide range of actions just like a human would when performing business processes. The ability of UiPath robots to learn and replicate worker steps in the execution of business processes drives continuous improvements in operational efficiency and enables companies to implement key digital initiatives with greater speed, agility. and precision. Today, UiPath serves over 60% of the Fortune 500 and 80% of the Fortune 10.
“UiPath has strengthened its position as a leader and star player for the fifth time in a row on Everest Group’s RPA PEAK Matrix® products, due to its impressive growth momentum and investments in product innovation and development. ‘expanding capacity,’ said Amardeep Modi, vice president of Everest Grouper. “Strong year-over-year growth in its global RPA business and continued focus on building a holistic automation ecosystem, product ease of use, customer support and the online user community. are some of the key factors that have contributed to its position. ”
“Automation has become a way for organizations to succeed and lead the way in becoming agile, adaptable and above all digital. To meet these demands, we have invested heavily in enterprise-wide management and governance, as well as in the discovery of AI-powered automation, which gives customers the ability to automate business processes. process using an optimal mix of UI and API based automation, ”said Ted Kummert. , executive vice president of products and engineering at UiPath. “Being named the only leader to also be a featured player in this year’s review reinforces our commitment to leading the category by delivering the only out-of-the-box end-to-end automation platform that can scale with customers in their digital transformation journey. ”
This Everest Group’s PEAK Matrix® robotic process automation assessment is the industry’s first annual assessment providing analysis and information on vendors and process exploration products to assist companies with their selection processes. . The results, which are based on an assessment of the supplier’s impact on the market, overall vision and product capabilities and support, are considered benchmarks of standards and quality for the industry. As part of the assessments, suppliers are categorized into leaders, top candidates, and aspirants, based on key dimensions.
Pre-register for a personalized copy of Everest Group Robotic Process Automation Products PEAK Matrix® Assessment 2021 Research Report here.
UiPath’s vision is to deliver the Fully Automated Enterprise ™, one in which businesses use automation to unlock their greatest potential. UiPath offers an end-to-end automation platform, combining the main Automation of robotic processes (RPA) with a comprehensive suite of features that enable every organization to rapidly scale their digital business operations.