Positioned by Gartner, Inc. as a Leader in the 2023 Gartner® Magic Quadrant™ for Robotic Process Automation research report, UiPath was named a Leader for the fifth year in a row.
The Magic Quadrant evaluated 16 enterprise RPA vendors to help enterprises make the best choice for their organization’s automation needs. In this report UiPath was positioned highest for Ability to Execute.
The 2023 Gartner®Magic Quadrant for Robotic Process Automation research report states, “By 2025, 90% of RPA vendors will offer generative-AI-assisted automation.”
UiPath is pioneering innovation in AI-powered automation. The UiPath Business Automation Platform is adding more AI offerings with Generative AI, including the general availability of OpenAI and Azure OpenAI connectors with support for GPT-4.
UiPath customers are already using the OpenAI connector to extend automation deeper into business operations to turn data into actionable insights.
UiPath has announced support for the Falcon Large Language Model (LLM) via its Amazon SageMaker connector, and the preview of the Google Vertex connector with support for PaLM 2.
The company’s Specialized AI solutions include over 70 models that enable customers to understand screens, mine tasks, process documents, and utilize unique and proprietary data sets within enterprise workflows.
“We believe AI-powered automation will support all knowledge work and accelerate human achievement. To make Generative AI work for businesses everywhere, we are taking an approach that addresses challenges and unlocks opportunities. The UiPath platform deploys Specialized AI and automation to serve as Generative AI’s powerful allies. Crucially for enterprise use, we can train Specialized AI securely with proprietary data and optimize models for a business’ specific needs, resulting in more accurate, efficient, and cost-effective solutions. We take an open and flexible approach so customers can create the most strategic mix of AI and automation solutions, leveraging the strengths of each technology and mitigating their respective challenges.”
The UiPath Business Automation Platform is quickly evolving from purely an RPA solution to so much more. UiPath provides an end-to-end set of AI-powered automation capabilities for customers to drive unified enterprise automation strategies. This includes new prebuilt solutions for key verticals like finance, healthcare, manufacturing, and insurance.
Check out the report to learn more about where RPA stands today—and why UiPath was recognized as a Leader.
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Gartner, Magic Quadrant for Robotic Process Automation, By Saikat Ray, Arthur Villa, Melanie Alexander, Andy Wang, Mukul Saha, Sachin Joshi, 2 August 2023
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