UiPath Press Release

UiPath Announces New Platform Features for AI-powered Discovery, Enterprise Management and Governance to Scale Automation for Every User

May 19, 2021

Expanded Automation Cloud™ Capabilities Creates Fast, Easy Operation of the Fully Automated Enterprise™

NEW YORK, NY, May 19, 2021 – UiPath (NYSE: PATH), a leading enterprise automation software company, today announced new features and products that extend capabilities for enterprises to successfully scale and manage their automation initiatives. The UiPath Platform 21.4 release supports large-scale and sophisticated automation programs with powerful ways to deliver more business value while making it easier to control and speed ROI.

New features include:

Enterprise-scale management and governance: With 21.4, UiPath is launching Automation Ops ℠ , a cloud-first, web-based application enabling admins to quickly setup policies for automation users and developers. With Automation Ops, organizations can easily govern large deployments of the UiPath Studio family products and attended software robots. As part of the UiPath Automation Cloud™ Automation Ops is instantly available to existing customers. It is tightly connected to Studio and UiPath Assistant and offers oversight and control without intrusion and undue restrictions. Automation Ops deploys at an organization level and allows centralized control for IT but can be tailored to individual needs and supports targeted policies for groups of people with different levels of automation skills or access.

AI-powered automation discovery: The UiPath Platform leverages AI and enables discovery of automation opportunities that have the highest impact on the most important business KPIs. 21.4 delivers a new Task Mining solution that uses advanced machine learning models to pinpoint the most frequent task patterns from data and identify repetitive activities that could be automated without interrupting employees’ work. Simultaneously, advanced process mining tools are now integrated with Automation Hub to allow users to identify and implement automations that create instant operational improvements and help achieve goals faster.

Expansion of UiPath Automation Cloud ™ capabilities: The 21.4 release provides an array of new services, tools, and capabilities that give customers more options to migrate, build, manage, and measure enterprise-scale automation in the cloud. UiPath Automation Cloud™ software robots deliver unattended robot capacity as needed, with no infrastructure or management required by customers. Also, the analytical power of UiPath Insights is now available in the Automation Cloud, giving visibility to understand everything from software robot performance to automation ROI across the organization.

Upgrades for all user experiences from everyday business users to professional developers: UiPath simplifies and expands the user experience for all users with 21.4, from citizen and professional developers to those who support or indirectly engage with automation, such as IT, data scientists, and the center of excellence team. The more engaging experience encourages faster adoption by users and will reduce help desk calls.

Combining process and task mining with automation delivers higher value and higher quality automation especially as companies expand the scope, scale and reach of automation. As line of business workers increasingly are involved with automation development, implementing effective methodologies and best practices along with end-to-end, policy-based governance are needed.

Maureen Fleming, IDC's program vice president of intelligent process automation research

UiPath Task Mining was able to identify eight unique processes which occurred more than 5,000 times in a proof of concept at Paychex. Applied to the entire department annually, this single Task Mining project has allowed us to understand one-third of the team’s work. The ability to easily view variation, visually normalize data, and define and search for best practice processes from inside the task mining application differentiate UiPath from the market.

Cassy Dunn, business process improvement manager at Paychex, an all-in-one SaaS HR solution provider

Automation is opening possibilities to the masses, and while that is a big multiplier in ROI for an organization, it also adds risk factors. UiPath provides the scale, governance, and security capabilities that customers need to centralize and federate their automation programs. As the automation footprint expands across the organization, these controls, combined with the power of our AI insights and our flexible new cloud management features, bring every user an unparalleled automation experience.

Ted Kummert, EVP of Products and Engineering at UiPath

Register here to join us at UiPath Live: The 21.4 Release Show on May 20 to learn more from CEO Daniel Dines and UiPath customer experts. Don’t forget to sign up for UiPath DevCon, a free two-day conference on June 15-16 that offers more than 35 speakers and 25 information sessions designed to empower developers to make the most of their automation programs.

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™.

Media and investor relations contacts

Toni Iafrate • VP & Chief Communications Officer, UiPath

Pete Daly • Public Relations Senior Manager, UiPath

Kelsey Turcotte • SVP Investor Relations, UiPath

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