LAS VEGAS–(BUSINESS WIRE)–UIPATH FORWARD 5 – UiPath (NYSE: PATH), a leading enterprise automation software company, announced today that it has received a record number of industry analyst recognition year-to-date for its UiPath Business Automation Platform.
The UiPath Business Automation Platform is an easy-to-use, scalable, and open platform that enables everyone – from RPA developers and testers to citizen developers and business end users – to collaborate and position automation right at the core of everyday work. With capabilities that support every stage of the automation lifecycle and deployment options that give organizations immediate management of their software robots, UiPath brings automation to the enterprise workforce by enabling them to both engage in process automation and benefit from working alongside robots every day.
Highlights of industry analyst recognition for the UiPath Platform include:
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Positioned by Gartner, Inc. as a Leader in 2022 Gartner® Magic Quadrant™ for Robotic Process Automation* research report. UiPath has been named a Leader for the fourth year in a row, and in this report, UiPath is positioned highest for Ability to Execute and farthest for Completeness of Vision. According to the Gartner Market Share Analysis: Robotic Process Automation, Worldwide, 2021, released in June 2022, “[UiPath is the] only vendor to grow its market share in 2021, from 28.5% in 2020 to 34.1% in 2021….”**
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For the third year in a row, named Process Mining Leader in the Technology Vendor Landscape, according to Everest Group PEAK Matrix® for Process Mining Technology Vendors 2022. The Company was also recognized as a Star Performer, showing the most year-over-year improvement in the PEAK Matrix®. UiPath Process Mining includes a robust set of over 50 pre-built connectors to systems such as SAP, Oracle, Salesforce, and ServiceNow to allow customers to gain insights into operations by making corresponding process model.
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Positioned as Leader in IDC MarketScape: Worldwide Cloud Testing 2022 Vendor Assessment – Boosting Business Speed.*** The report, which includes UiPath for the first time among traditional software quality tools, examines cloud test adoption trends and their influence on organizational success through development of secure and high quality software.
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Named a Leader in The Forrester Wave™: Robotic Process Automation (RPA) In China, Q3 2022. UiPath was one of 11 vendors evaluated in the inaugural report for China and received the highest possible scores on product vision, innovation roadmap, overall platform capabilities, and partner ecosystem criteria. The Forrester report recognizes UiPath as “a great fit for businesses with demanding automation needs for support and management,” and states, “UiPath accelerates local market expansion with its global strengths .” UiPath is also recognized as a leader in RPA in Forrester’s analysis, The Forrester Wave™: Robotic Process Automation, Q1 2021.
“We believe that UiPath will become a leader in automation, artificial intelligence, and machine learning, which all companies will embrace over time,” said UiPath Co-CEO Robert Enslin. “That’s why we’re committed to innovating our UiPath Business Automation Platform, driving our market segmentation, and delivering world-class customer experiences.”
*Gartner, “Magic Quadrant for Robotic Process Automation”, Saikat Ray, Arthur Villa, Paul Vincent, Keith Guttridge, Melanie Alexander, Andy Wang, 25 July, 2022
**Gartner, Market Share Analysis: Robotic Process Automation, Worldwide, 2021, By Varsha Mehta, Fabrizio Biscotti, Saikat Ray, Arthur Villa, Cathy Tornbohm, 6 June 2022
*** IDC MarketScape: Worldwide Cloud Testing 2022 Vendor Assessment – Empowering Business Velocity (IDC # US47097221, March 2022)
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About IDC MarketScape
The IDC MarketScape vendor assessment model is designed to provide an overview of the competitiveness of ICT (information and communications technology) suppliers in a given market. The research method uses a strict scoring method based on both qualitative and quantitative criteria that results in a single graphical description of the position of each vendor within a specific market. The IDC MarketScape provides a clear framework against which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About UiPath
UiPath has a vision to deliver the Fully Automated Enterprise™, one where companies use automation to unlock their greatest potential. UiPath offers an end-to-end platform for automation, combining leading Robotic Process Automation (RPA) solutions with a full range of capabilities that enable every organization to rapidly scale digital that business operation.