Positioned highest for its ability to execute for second consecutive year
NEW YORK--(BUSINESS WIRE)--UiPath, the leading enterprise Robotic Process Automation (RPA) software company, today announced it has been positioned by Gartner, Inc. as a Leader in the 2020 “Magic Quadrant for Robotic Process Automation”* research report. UiPath was one of 16 vendors evaluated in this report and for the second consecutive year, placed highest in the Leaders quadrant for ability to execute.
According to Gartner, “The RPA market is rapidly growing as incumbent vendors jockey for market position and evolve their offerings.” The report goes on to say that “In the second year of this Magic Quadrant, the bar has been raised for market viability, relevance, growth, revenue and how vendors set the vision for their RPA offerings in a fluid market.” A complimentary copy of the Gartner, Inc. 2020 “Magic Quadrant for Robotic Process Automation” research report is available here: https://www.uipath.com/company/rpa-analyst-reports/gartner-magic-quadrant-robotic-process-automation.
“We are, and will continue to be, a driving force of momentum in the RPA industry,” said UiPath Co-Founder and CEO Daniel Dines. “As one of the pioneers in this market, UiPath will continue to make bold moves in building a scalable, enterprise-ready platform that can grow with customers on their automation journeys. I couldn’t be prouder of our company and leadership positions we continue to attain in the market.”
The growth that UiPath has experienced is the result of its easy-to-use, scalable, and open platform that allows everyone – from RPA Developers and Testers to Citizen Developers and Business End Users – to collaborate and put automation squarely at the core of everyday work. With capabilities that support every phase of the automation lifecycle and deployment options that give organizations immediate management of their robots, UiPath is bringing automation to the masses by enabling employees to both engage in the automation process and benefit from working alongside robots every day.
The company has also been recognized as a 2019 Gartner Peer Insights Customers’ Choice for Robotic Process Automation Software. The Gartner Peer Insights Customers’ Choice distinction is based on feedback and ratings from end-user professionals who have experience purchasing, implementing, and/or using the UiPath RPA Platform. To ensure fair evaluation, Gartner maintains rigorous criteria for recognizing vendors with a high customer satisfaction rate.
“We continue to unlock enormous pent up customer and employee frustration from legacy technologies and thinking,” continued Dines. “Our continued growth and deep community engagement reflect how essential UiPath is in helping our customers solve their process problems faster and easier.”
* Source: Gartner, “Magic Quadrant for Robotic Process Automation,” Saikat Ray, Arthur Villa, Cathy Tornbohm, Naved Rashid, Melanie Alexander, July 27, 2020
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UiPath has a vision to deliver A Robot for Every Person, one where companies enable every employee to use, create, and benefit from the transformative power of automation to liberate the boundless potential of people. Only UiPath offers an end-to-end platform for hyperautomation, combining the leading Robotic Process Automation (RPA) solution with a full suite of capabilities that enable every organization to scale digital business operations at unprecedented speed. The company has already automated millions of repetitive tasks for over 65% of the Fortune 500 and 8 of the Fortune 10.
Named a 2020 CNBC Disruptor 50 company, UiPath was recognized as the fastest growing technology company in the Americas according to FT Americas’ Fastest Growing Companies 2020 and named the top company on Deloitte’s 2019 Technology Fast 500, a ranking of the fastest growing public and private technology companies in North America.