Uipath Inc Stock Price, News & Analysis

UiPath predicts a significant growth in the robotic process automation (RPA) market, estimating revenue opportunities to exceed $51.2 billion by 2025. A report by IDC indicates RPA-related benefits will escalate from $7 billion in 2021 to $55 billion by 2025, alongside the creation of 73 million new jobs. The study highlights that automation is expected to generate two new jobs for every job lost to RPA, supporting a robust workforce expansion.

UiPath (NYSE: PATH), a leader in enterprise automation, recently announced its 2021 Partner Awards during the FORWARD IV user conference in Las Vegas. The awards celebrate partners excelling in delivering value through UiPath's automation platform, marking the rapid growth of the partner ecosystem with over 4,700 partners. Key winners include EY as Global Partner of the Year and Cognizant as Global Growth Partner of the Year, acknowledging their significant contributions to automating enterprise solutions.

UiPath (NYSE: PATH) and CrowdStrike (NASDAQ: CRWD) have partnered to integrate RPA with endpoint security, enhancing visibility and protection against cyber threats. This collaboration provides joint customers with fortified security against various attacks, complete visibility into robot actions, and increased efficiency in threat response. Key features include full endpoint detection and response, real-time visibility for proactive threat management, and streamlined investigation processes. Overall, this partnership aims to bolster security in automation environments, improving business resilience.

UiPath (NYSE: PATH) unveiled new features at the FORWARD IV conference in Las Vegas, focusing on enhancing enterprise automation. The 2021.10 platform release addresses common enterprise challenges by integrating artificial intelligence and offering robust robotic process automation (RPA) capabilities. Key updates include the UiPath Integration Service for streamlined API and UI automation, Robot Auto-healing for runtime assurance, and expanded cloud-native services. The release aims to facilitate easier automation development, further solidifying UiPath's position as a leader in the enterprise automation landscape.

UiPath (NYSE: PATH) announced that Co-Founder and CEO Daniel Dines and CFO Ashim Gupta will present at the Morgan Stanley Spark Conference on October 14 at 4:15 PM PT (7:15 PM ET) in Beverly Hills, CA. The presentation will be available via live audio webcast and archived replay on the Company's Investor Relations website. UiPath aims to provide the Fully Automated Enterprise™, leveraging its end-to-end platform for Robotic Process Automation to enhance digital business operations.

UiPath (NYSE: PATH) has maintained its leadership in the Robotic Process Automation (RPA) sector, being named a Leader and Star Performer for the fifth consecutive year in Everest Group’s RPA Products PEAK Matrix® Assessment 2021. The assessment identified UiPath as the only vendor to achieve this dual recognition, emphasizing its strong growth and investments in product innovation. Currently, UiPath serves over 60% of the Fortune 500 and 80% of the Fortune 10, showcasing its extensive reach and commitment to enhancing digital automation across organizations.

Alteryx (NYSE: AYX) and UiPath (NYSE: PATH) have expanded their strategic partnership with new integrations, enhancing analytics and robotic process automation (RPA). The partnership aims to unlock enterprise data value, accelerating digital transformation and improving business outcomes. A newly released connector allows users to seamlessly invoke UiPath bots within Alteryx workflows, optimizing data processes. The collaboration has previously enabled significant achievements, such as increasing unemployment benefits processing in Florida during the COVID-19 pandemic. Alteryx will showcase these advancements at the upcoming UiPath FORWARD IV conference.