UiPath Gartner Magic Quadrant RPA 2022 Press Release | UiPath
UiPath Press Release
July 28, 2022
Positioned highest for Ability to Execute and furthest for Completeness of Vision
NEW YORK, NY, July 28, 2022 – UiPath (NYSE: PATH), a leading enterprise automation software company, today announced it has been positioned by Gartner, Inc. as a Leader in the 2022 Gartner® Magic Quadrant™for Robotic Process Automation1 research report. UiPath was named a Leader for the fourth year in a row, and in this report UiPath was positioned highest for Ability to Execute and furthest for Completeness of Vision.
“We believe UiPath will be a leader in automation, artificial intelligence, and machine learning, which all companies will embrace over time,” said UiPath Co-CEO Robert Enslin. “We believe this recognition affirms our position at the leading edge of the market as we help customers navigate the challenges facing companies around the world today. We are dedicated to innovating our automation platform, driving our market segmentation, and delivering world-class customer experiences.”
A complimentary copy of the 2022 Gartner® Magic Quadrant for Robotic Process Automation research report is available here.
“Earlier this year, we delivered new features within the UiPath automation platform, including general availability of Automation Cloud Robots, which, in our opinion, continues to widen our Leader position,” Enslin said. “We now have more than 10,330 customers, and are seeing customers taking advantage of offerings such as UiPath Test Suite to accelerate the time-to-value for new automations, and UiPath Integration Service to combine the power of both UI Automation and API integrations in a single workflow. Our customers and prospects are accelerating their digital transformation initiatives to achieve their business outcomes and want to expand the speed and scale of their automation to outmaneuver their competition.”
According to Gartner, “Leaders have an insightful understanding of a market’s realities, a reliable track record, the power to influence a market’s direction, and an ability to attract and retain customers. In the RPA market, Leaders demonstrate an understanding of enterprise customers’ needs and of opportunities to expand functionality and add new products and services to their core RPA offerings. Simply put, a Leader must have a market-leading vision and the ability to deliver on that vision.
A Leader may not always be the best choice for every customer. A focused, smaller vendor can sometimes provide superior support and commitment. Other vendors may provide a specialized capability that is essential for some organizations, such as enhanced security or specific features or functions (required, for example, by call centers and individual desktop use cases). A vendor that focuses on RPA for a specific vertical market or within a limited geographic area may not be a Leader in the overall market, but it may be a competitive option within its chosen market or area.”
UiPath recognition in the 2022 Gartner® Magic Quadrant™for Robotic Process Automation is the most recent one by Gartner. According to the Market Share Analysis: Robotic Process Automation, Worldwide, 2021, "[UiPath is the] only vendor to grow its market share in 2021, from 28.5% in 2020 to 34.1% in 2021…."2.
To learn more about the UiPath end-to-end automation platform, visit here.
1 Gartner, “Magic Quadrant for Robotic Process Automation”, Saikat Ray, Arthur Villa, Paul Vincent, Keith Guttridge, Melanie Alexander, Andy Wang, 25 July, 2022
2. Gartner, Market Share Analysis: Robotic Process Automation, Worldwide, 2021, By Varsha Mehta, Fabrizio Biscotti, Saikat Ray, Arthur Villa, Cathy Tornbohm, 6 June 2022
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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™.
Toni Iafrate • VP & Chief Communications Officer, UiPath
Pete Daly • Public Relations Senior Manager, UiPath
Kelsey Turcotte • SVP Investor Relations, UiPath
May 30, 2023
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