UiPath Recognized as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation
UiPath Press Release
August 12, 2024
UiPath Recognized as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation UiPath Positioned Highest for Ability to Execute and Furthest for Completeness of Vision NEW YORK, NY, August 12, 2024 – UiPath (NYSE: PATH), a leading enterprise automation and AI, software company, today announced it has been positioned by Gartner, Inc. as a Leader in the 2024 Gartner® Magic Quadrant™ for Robotic Process Automation research report. UiPath was named a Leader for the sixth year in a row, and in this report UiPath was positioned highest for Ability to Execute and furthest for Completeness of Vision.
Graham Sheldon, Chief Product Officer at UiPath, said:
"We believe this recognition exemplifies our commitment to drive innovation and deliver a best-in-class enterprise automation and AI platform that helps enterprises improve efficiency and makes people’s work more fulfilling and strategic. We are taking full advantage of the massive opportunity that the power of AI combined with automation provides to enable more advanced automations that can tackle the most complex processes. Our continued investment in the UiPath platform highlights our commitment to help our more than 10,000 global customers to increase productivity, drive exceptional outcomes, and enhance customer experiences."
“The Magic Quadrant evaluated 13 enterprise RPA vendors to help enterprises make the best choice for their organization’s automation needs.” A complimentary copy of the 2024 Gartner® Magic Quadrant for Robotic Process Automation research report is available here.
The report states, “Robotic process automation continues to be a core software market for improving operational efficiency with tactical automation.”
The UiPath Business Automation Platform includes generative AI, NLP, process orchestration, API integration, process and task mining, intelligent document processing, low-code application development, and application testing. It can be deployed on-premises, in the cloud, or in a hybrid environment. Recently, UiPath announced enhancements to the UiPath platform including the general availability of UiPath Autopilot for developers and testers to build automations through GenAI prompts, UiPath Integration Service to enable rapid development and sharing of API integrations and improvements to UiPath Document Understanding to support complex unstructured data processing with native LLMs.
According to Gartner, “Leaders have an insightful understanding of the RPA market, a reliable track record, the power to influence the market’s direction, and an ability to attract and retain customers. In the RPA market, Leaders demonstrate 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.”
To learn more about the UiPath Business Automation Platform, visit here.
Gartner Disclaimers
Gartner, “Magic Quadrant for Robotic Process Automation”, Saikat Ray, Arthur Villa, 7 August 2024
The report was titled Magic Quadrant for Robotic Process Automation Software in 2019.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.
UiPath (NYSE: PATH) develops AI technology that mirrors human intelligence with ever-increasing sophistication, transforming how businesses operate, innovate, and compete. The UiPath Platform™ accelerates the shift toward a new era of agentic automation—one where agents, robots, people, and models integrate seamlessly to drive autonomy and smarter decision-making. With a focus on security, accuracy, and resiliency, UiPath is committed to shaping a world where AI enhances human potential and revolutionizes industries. For more information, visit www.uipath.com.
Pete Daly • Director, Global PR, UiPath
Jake LaBella • Senior Director, Investor Relations, UiPath
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