UiPath and Google Cloud Expand Strategic Partnership to Accelerate Access to Gen AI and Cloud-based Automation
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The availability of UiPath on Google Cloud Marketplace represents a strategic move that could potentially increase the adoption of UiPath's automation solutions. By leveraging Google Cloud's infrastructure, UiPath is likely to benefit from the scalability and security features that are intrinsic to the cloud provider. This development could lead to a wider customer base as it simplifies the procurement process for existing Google Cloud customers, potentially leading to increased revenue for UiPath.
Furthermore, the integration with Google Vertex AI and Google Workspace indicates a deepening of the partnership between UiPath and Google, which could result in enhanced product offerings. The ability to streamline processes with AI and automation is critical in today's business environment and this collaboration might provide UiPath with a competitive edge in the enterprise automation space.
From a market perspective, the partnership could be seen as a positive indicator for investors, as it suggests both confidence in UiPath's platform and the potential for growth through synergies with Google's AI capabilities and cloud services.
The announcement of UiPath's expanded partnership with Google Cloud and its availability on Google Cloud Marketplace may have implications for UiPath's financial performance. By reducing procurement cycles and offering cost savings on Google Cloud commitments, UiPath could see an improvement in its sales efficiency and margin profile. The ease of purchase and deployment could lead to an acceleration in customer acquisition and a shorter sales cycle.
Additionally, the integration with advanced AI technologies such as Google Vertex AI and the use of Looker Studio for business insights could enable UiPath to offer more sophisticated and high-value solutions. This could potentially lead to higher average contract values and an improvement in customer lifetime value. However, it will be important to monitor how these developments translate into actual financial metrics in the upcoming quarters.
The technical implications of UiPath's integration with Google Cloud's Vertex AI are significant. The ability to access Gen AI outputs, such as those from the PaLM 2 large language model and incorporate them into business automations is a notable advancement. This could enhance UiPath's offering by allowing more complex and intelligent automation capabilities, potentially leading to higher productivity and innovation within enterprises.
Additionally, the integration with Google Workspace and the use of Google Cloud's secure storage and compute resources indicate an advancement in UiPath's ability to offer a more seamless and integrated automation experience. The technical synergies between UiPath's automation platform and Google's AI and cloud services could lead to the development of new features and functionalities that could be critical in maintaining UiPath's position as a leader in the enterprise automation market.
UiPath is now available on Google Cloud Marketplace and integrates with Google Vertex AI to allow professionals to utilize Google Cloud’s Gen AI alongside UiPath’s AI-powered automation
UiPath is expanding its partnership with Google Cloud to help customers facilitate their AI-powered automation journey while integrating with Google Cloud’s Vertex AI and Google Workspace business collaboration offerings.
“UiPath automation brings AI directly into business processes to help enterprises execute on whatever ideas and innovations they can imagine. Our partnership with Google Cloud is an essential part of our strategy to help joint customers achieve AI-powered automation across the business,” said Kelly Ducourty, Chief Customer Officer at UiPath. “This expanded partnership reinforces our shared mission to bring the transformative force of AI to life in the enterprise through advanced technologies that automate all knowledge work, integrate intelligence into everyday operations, and deliver solutions that help people work smarter.”
“Generative AI and automation are key pillars to business transformation because they allow enterprises to work more productively, whilst also uncovering new insights to fuel growth,” said Adaire Fox-Martin, President of Go to Market, Google Cloud. “Our expanding partnership with UiPath will help create new opportunities for businesses to utilize these capabilities to streamline thousands of processes with AI and automation, helping to save costs and unlock new innovation.”
Integration with Google AI
UiPath recently announced its connector for Google Cloud Vertex AI, Google Cloud’s unified AI platform, which allows automation professionals to inject Gen AI outputs into their automations by submitting prompts that return summaries, answers to questions, and classifications. With the connector, users can:
- Access curated activities to the PaLM 2 large language model (LLM), including text generation
- Easily build, deploy, and manage machine learning (ML) models and make fast, cost-effective predictions. UiPath customers can now incorporate ML models built with Vertex AI into business processes without the need for manual effort and complex code
- Enable Google Vertex activities in UiPath Studio to build automations that interact with Google Vertex data
In addition, UiPath customers can effortlessly integrate:
- Google Vision: use a prebuilt UiPath connector for incorporating business insights derived from images and videos. The Google Vision Connector encapsulates powerful ML models through an easy-to-use REST API
- Google Text Translate: translate a specified text from one selected language to another and extract the results as a String variable
- Google Text Analysis: extract the language of specific text enabling insights into sentiment analysis. Sentiment is measured by strength, positivity, and negativity, and typically, can be automated to alert sales teams and message customers
UiPath is Now Available on Google Cloud Marketplace
The UiPath Platform combines Specialized AI and Gen AI with enterprise automation, ML, and natural language processing. When Gen AI is combined with specially trained models built on real business data, automations can understand, reason, and create content to address complex business challenges.
As part of the expanded partnership, UiPath is now available on Google Cloud Marketplace, making it easy for customers using Google Cloud infrastructure to purchase UiPath’s leading business automation platform. With UiPath available on Google Cloud Marketplace, eligible customers can realize key benefits including:
- Consolidated Google Cloud billing
- Reduced procurement cycles allowing for faster, smoother, and simpler buying process
- Cost savings against existing Google Cloud commitments when purchased through Google Cloud Marketplace
Manage and Deploy on Google Cloud
Google Cloud provides secure storage, powerful compute, and elastic scale. Today, customers can deploy UiPath Studio and UiPath automations on Google Cloud in minutes.
IT departments can easily automate processes related to the provisioning, management, and maintenance of virtual machine instances hosted on Google Cloud—such as compute, storage, and identity and access management.
Google Workspace Integration
UiPath offers customers best-in-class, API-based connectors supporting 100+ Google Cloud and Google Workspace integration activities. The accessibility of user-friendly activities significantly boosts workflow productivity for citizen developers who integrate Google Gmail, Google Calendar, Google Docs, Google Sheets, and Google Drive into their automation processes. With these integrations, customers can:
- Automate creating events and adding or removing attendees
- Automate sharing, moving, or deleting files and update file permissions
- Automate everyday tasks like emailing, creating documents, copy/paste files, and batch spreadsheet updates
Insights Powered by Google Cloud Looker
UiPath gains powerful business insights as a customer of Google Cloud Looker, accessing, analyzing, and acting on the real-time and trusted version of business data. With Looker Studio, UiPath visualizes its data from hundreds of data sources, unifying intelligence to enable faster decision-making and self-service insights.
Pricing and Availability
The UiPath Business Automation Platform is available on Google Cloud Marketplace today.
Visit here to learn how UiPath automation turns the potential of AI into business results.
About UiPath
UiPath (NYSE: PATH) is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively, and strategically. The AI-powered UiPath Business Automation Platform combines the leading robotic process automation (RPA) solution with a full suite of capabilities to understand, automate, and operate end-to-end processes, offering unprecedented time-to-value. For organizations that need to evolve to survive and thrive through increasingly changing times, UiPath is The Foundation of Innovation™.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240229697904/en/
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Source: UiPath
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