UIPATH

Global RPA leader, NYSE IPO 2021.

Definition

UiPath Platform: Studio, StudioX (low-code), Orchestrator, Robots (Attended, Unattended, Hybrid), Action Center, AI Center, Document Understanding, Process Mining, Task Mining, Test Suite. Magic Quadrant Leader RPA Gartner 6+ years. NYSE IPO 21 April 2021 (~$36 billion initial). Adopted by Bank of America, NHS UK, Toyota, Telefonica.

Origin

UiPath founded 2005 (DeskOver) in Bucharest by Daniel Dines ; RPA pivot 2015 ; HQ New York ; IPO 21 April 2021.

Example in context

Bank of America deploys 6000+ UiPath robots ; ~150 automated processes (KYC checks, account opening, sanctions screening) ; ~70M hours/year saved.

Related terms

• Automation Anywhere — direct competitor.