UiPath Press Release
July 30, 2020
Positioned highest for its ability to execute for second consecutive year
NEW YORK, July 30, 2020 – 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. 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.
Daniel Dines, UiPath co-founder and CEO
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.
Daniel Dines, continued:
We continue to unlock enormous pent up customer and employee frustration from legacy technologies and thinking. 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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About Gartner Peer Insights
Peer Insights is an online platform of ratings and reviews of IT software and services that are written and read by IT professionals and technology decision-makers. The goal is to help IT leaders make more insightful purchase decisions and help technology providers improve their products by receiving objective, unbiased feedback from their customers. Gartner Peer Insights includes more than 215,000 verified reviews in more than 340 markets. For more information, please visit www.gartner.com/reviews/home.
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.
Pete Daly • Director, Global PR, UiPath
Jake LaBella • Senior Director, Investor Relations, UiPath
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