Uipath Inc Stock Price, News & Analysis

UiPath (NYSE: PATH) has launched the Automation Awards 2021, its third annual competition supporting start-ups and scale-ups in enterprise software automation across Central and Eastern Europe and Turkey. The competition, running from May 25 to September 1, offers two categories: the Start-up Automation Award, giving €50,000 and mentorship, and the Scale-up Automation Award, focusing on mentorship and market exposure. Finalists will present on October 20 at the Wolves Summit in Poland. The initiative aims to foster innovation and streamline digital transformation for enterprises.

UiPath (NYSE: PATH) released findings from its 2021 Office Worker Survey, revealing that 67% of office workers feel they perform repetitive tasks. On average, they waste 4.5 hours weekly on activities believed to be automatable. Furthermore, 59% of global workers, including 70% of U.S. respondents, feel they can't efficiently help customers due to these tasks. Notably, 40% of respondents reported increased investments in automation software in 2021, while 91% of those who received automation training believed it improved their job performance. The survey polled 4,500 workers across multiple countries.

UiPath, a leader in enterprise automation software, will have its management team present at two upcoming investor conferences. The first event is the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 26, 2021, at 10:25 am ET. The second is the Evercore ISI Inaugural TMT Conference on June 9, 2021, at 12:30 pm ET. Live audio webcasts of the presentations will be available on the company's Investor Relations page. UiPath is committed to delivering the Fully Automated Enterprise™ and enhancing digital business operations with its Robotic Process Automation solutions.

UiPath (NYSE: PATH) has released new features in its Platform 21.4 aimed at enhancing enterprise automation. Key updates include Automation Ops for governance, an AI-powered Task Mining solution to discover automation opportunities, and expanded capabilities in UiPath Automation Cloud™. These enhancements aim to improve user experiences, facilitate large-scale automation management, and deliver significant ROI. The company emphasizes the need for robust governance as automation scales across organizations.

UiPath (NYSE: PATH) has launched the first automation school in Ireland, partnering with Limerick and Clare Education and Training Board to train the next generation in automation skills. The initiative features an 18-month traineeship for 30 learners, focusing on low-code robotic process automation (RPA) development. This program aims to address the demand for automation expertise as reported by Forrester, with nearly half of businesses planning to increase RPA investment. The initiative is part of UiPath's commitment to democratizing automation skills and supporting workforce competition globally.

UiPath (NYSE: PATH) is hosting its annual UiPath DevCon from June 15-16, a two-day virtual conference for over 20,000 automation professionals. The event aims to enhance developer knowledge through technical sessions led by experts. Key announcements include the winners of the HyperHack, focusing on solutions for NGOs, and findings from the State of the RPA Developer 2021 survey, indicating 77% expect more hiring in the next year. The conference will offer recorded sessions for those unable to attend live.

UiPath, Inc. (NYSE: PATH) will report its fiscal first quarter 2022 financial results on June 8, 2021, after market close. Management will host a conference call and webcast at 5:00 pm ET to discuss these results. The call details include a conference ID of 13719454, a toll-free number for the US/Canada, and a replay option available until June 22, 2021. UiPath aims to facilitate the Fully Automated Enterprise™ through its comprehensive Robotic Process Automation platform, enhancing digital business operations.

UiPath (NYSE: PATH) has announced new integrations with Tableau, enhancing analytics capabilities for users. These integrations enable Tableau users to deploy UiPath robots, automating actions and triggering downstream business processes. The UiPath Activity for Tableau utilizes APIs to extract relevant data, allowing for easy automation without complex coding. This initiative aims to streamline decision-making and improve efficiency. Executives from both companies emphasized how this collaboration empowers organizations to make faster, data-driven decisions and enhances automation's role in business operations.

UiPath (NYSE: PATH) announces recognition for five executives on CRN's 2021 Women of the Channel list, celebrating their significant contributions to the IT channel. Honorees include Cheryln Chin, Janette Hausler, Gena Phelps, Jessie Zhang, and Stacey Black, who have led impactful initiatives in automation and partner ecosystem development. This recognition highlights their leadership and commitment to business growth amid the evolving automation landscape. UiPath aims to unlock human creativity through its automation platform, crucial for scaling operations.