UiPath Positioned as the Highest-Designated Leader in the Everest Group Intelligent Automation Platforms PEAK Matrix® Assessment 2024
17 December 2024 - 5:25AM
Business Wire
The UiPath Platform™ is a trusted, scalable,
and open platform that is driving agentic automation and enables
businesses to unlock new levels of growth, efficiency, and
innovation
UiPath (NYSE: PATH), a leading enterprise automation and AI
software company, today announced that it has been positioned the
highest in the Leader category in the inaugural Everest Group
Intelligent Automation Platforms PEAK Matrix® Assessment 2024.
UiPath enables businesses to understand, optimize, and automate
complex processes end-to-end, unlocking new levels of growth,
efficiency, and innovation at lower cost and less risk. It combines
leading UI and API-based automation with state-of-the-art AI for
tasks like intelligent document processing (IDP), process
discovery, and orchestration. The platform offers many features,
including ease of integration with other ecosystems, access
control, and enterprise-grade security and governance. The UiPath
Platform™ is also accelerating a shift toward a new era of
automation—agentic automation—by combining AI, automation, and
orchestration, which gives agents the power to plan, work, and make
decisions with minimal human oversight. The combination of robots
and agents extends the scope and impact of automation. Agents can
complete critical business processes and tasks that were not
previously possible to automate due to their ability to act
independently and make dynamic decisions.
“UiPath has been positioned the highest in the Leader category
due to its strong vision, continuous investments in product
innovation and capability expansion, and increased market share,”
said Amardeep Modi, Vice President at Everest Group. “UiPath has
seen strong YoY growth, focus on customer success and enablement,
and continuous investments in M&As and strategic alliances for
enabling a holistic intelligent automation solution, are some of
the key factors that contributed to its position.”
"Guided by our vision to become the leading platform for agentic
automation, UiPath is continuing to deliver transformational
outcomes and drive innovation for our customers by helping them
solve their most complex workflows and brand-new scenarios,” said
Graham Sheldon, Chief Product Officer at UiPath. “I believe we
earned our Leader position in the Everest Group Intelligent
Automation Platforms PEAK Matrix® Assessment 2024 because UiPath is
best positioned to drive this transformation by providing the
flexibility, scalability, orchestration, and trust to support the
agentic automation of end-to-end workflows."
Recent UiPath Platform™ capabilities include:
- Agent Builder: in private preview, Agent Builder allows
users to build and customize agents, either from scratch or a
prebuilt template in the UiPath Agent Catalog, that work in
collaboration with robots and humans.
- Autopilot™ for Everyone: a cross-platform,
conversational agent that helps employees enhance their
productivity through customizable prompts, vast automation
libraries, and leverages specialized AI models for specific tasks
such as document processing and semantic copy-paste.
- Autopilot for Testers: accelerates every aspect of
software testing by leveraging GenAI to refine and improve
requirements, generate step-by-step tests from those requirements,
and uses those tests to create coded automations.
- Autopilot for Developers: uses the power of GenAI and
NLP in UiPath Studio to create workflows, generate expressions, and
help build automations.
- Autopilot for Apps: allows users to quickly and easily
build forms through a simple natural language text prompt, a PDF,
or an image.
- AI Trust Layer: enables the governance of GenAI features
and agents across the UiPath platform, providing comprehensive
management, reporting, and controls.
- Context Grounding: a feature within the UiPath AI Trust
Layer that enables customers to query and interact with
business-specific data, grounding all GenAI prompts with the most
relevant information to improve the accuracy and reliability of
GenAI predictions.
- UiPath DocPath and CommPath LLMs: provide improved data
extraction by enabling out-of-the-box processing of any document or
message, with increased accuracy and speed.
Everest Group Intelligent Automation Platforms PEAK Matrix®
Assessment 2024 is an industry assessment providing analysis and
insights on intelligent automation platform vendors and products to
assist enterprises in their selection processes. These
findings—which are based on an evaluation of vendors’ impact on the
market, overarching vision, and product capabilities and support,
innovation, and significant performance improvement—are seen as
benchmarks in standards and quality for the industry. As part of
the evaluations, vendors are classified into Leaders, Major
Contenders, and Aspirants, based on key dimensions.
Download the custom report here.
Disclaimer
Licensed extracts taken from Everest Group’s PEAK Matrix®
Reports, may be used by licensed third parties for use in their own
marketing and promotional activities and collateral. Selected
extracts from Everest Group’s PEAK Matrix® reports do not
necessarily provide the full context of our research and analysis.
All research and analysis conducted by Everest Group’s analysts and
included in Everest Group’s PEAK Matrix® reports is independent and
no organization has paid a fee to be featured or to influence their
ranking. To access the complete research and to learn more about
our methodology, please visit Everest Group PEAK Matrix®
Reports.
About UiPath
UiPath (NYSE: PATH) develops AI technology that mirrors human
intelligence with ever-increasing sophistication, transforming how
businesses operate, innovate, and compete. The UiPath Platform™
accelerates the shift toward a new era of agentic automation—one
where agents, robots, people, and models integrate seamlessly to
drive autonomy and smarter decision-making. With a focus on
security, accuracy, and resiliency, UiPath is committed to shaping
a world where AI enhances human potential and revolutionizes
industries. For more information, visit www.uipath.com.
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