UiPath Leads in Intelligent Automation: Everest Group's PEAK Matrix Assessment 2024

Curated by THEOUTPOST

On Tue, 17 Dec, 4:01 PM UTC

2 Sources

Share

UiPath, a leading enterprise automation and AI software company, has been positioned as the highest-designated leader in the Everest Group Intelligent Automation Platforms PEAK Matrix Assessment 2024, showcasing its innovative AI-driven automation solutions.

UiPath Secures Top Position in Intelligent Automation

UiPath (NYSE: PATH), a leading enterprise automation and AI software company, has achieved a significant milestone by being positioned as the highest-designated leader in the inaugural Everest Group Intelligent Automation Platforms PEAK Matrix® Assessment 2024 1. This recognition underscores UiPath's commitment to innovation and its growing influence in the field of intelligent automation.

The UiPath Platform: Driving Agentic Automation

At the core of UiPath's success is its platform, which enables businesses to understand, optimize, and automate complex processes end-to-end. The UiPath Platform™ combines leading UI and API-based automation with state-of-the-art AI for tasks such as intelligent document processing (IDP), process discovery, and orchestration 2.

A key innovation is the concept of "agentic automation," which integrates AI, automation, and orchestration. This approach allows agents to plan, work, and make decisions with minimal human oversight, extending the scope and impact of automation to previously unautomatable tasks.

Factors Contributing to UiPath's Leadership

According to Amardeep Modi, Vice President at Everest Group, UiPath's position is attributed to several factors:

  1. Strong vision and continuous investments in product innovation
  2. Capability expansion and increased market share
  3. Strong year-over-year growth
  4. Focus on customer success and enablement
  5. Strategic mergers, acquisitions, and alliances

Recent Platform Capabilities

UiPath has introduced several new capabilities to its platform, including:

  1. Agent Builder: Allows users to build and customize agents that collaborate with robots and humans.
  2. Autopilot™ for Everyone: A cross-platform, conversational agent enhancing employee productivity.
  3. Autopilot for Testers: Accelerates software testing using GenAI.
  4. Autopilot for Developers: Utilizes GenAI and NLP in UiPath Studio for workflow creation.
  5. AI Trust Layer: Enables governance of GenAI features and agents across the platform.
  6. UiPath DocPath and CommPath LLMs: Improve data extraction with increased accuracy and speed.

Industry Impact and Future Outlook

Graham Sheldon, Chief Product Officer at UiPath, emphasized the company's vision to become the leading platform for agentic automation. He stated, "UiPath is continuing to deliver transformational outcomes and drive innovation for our customers by helping them solve their most complex workflows and brand-new scenarios" 2.

As UiPath continues to develop AI technology that mirrors human intelligence with increasing sophistication, it aims to transform how businesses operate, innovate, and compete. The company's focus on security, accuracy, and resiliency positions it at the forefront of shaping a world where AI enhances human potential and revolutionizes industries.

Continue Reading
UiPath Recognized as Leader in Digital Interaction

UiPath Recognized as Leader in Digital Interaction Intelligence Products

UiPath, a leading enterprise automation software company, has been named a Leader in the Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024. This recognition highlights UiPath's strong market impact and vision for its AI-powered automation solutions.

CXOToday.com logoZawya.com logo

2 Sources

CXOToday.com logoZawya.com logo

2 Sources

UiPath Recognized as a Leader in Gartner's 2024 Magic

UiPath Recognized as a Leader in Gartner's 2024 Magic Quadrant for Robotic Process Automation

UiPath, a leading enterprise automation software company, has been positioned as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation. This marks the company's sixth consecutive year in the Leaders quadrant.

Zawya.com logoCXOToday.com logo

2 Sources

Zawya.com logoCXOToday.com logo

2 Sources

UiPath Honors Global Partners and Customers at FORWARD

UiPath Honors Global Partners and Customers at FORWARD Conference for AI and Automation Excellence

UiPath, a leading enterprise automation and AI software company, recognizes top partners and customers for their innovative use of AI and automation technologies at its global FORWARD conference.

CXOToday.com logoInvesting.com UK logo

2 Sources

CXOToday.com logoInvesting.com UK logo

2 Sources

UiPath's AI Ambitions Face Headwinds as Revenue Growth

UiPath's AI Ambitions Face Headwinds as Revenue Growth Slows and Stock Tumbles

UiPath, a leader in robotic process automation, faces challenges as its revenue growth slows and stock price falls sharply. The company's focus on AI innovation and strategic acquisitions is overshadowed by missed revenue targets and cautious guidance amid global economic uncertainties.

SiliconANGLE logoBenzinga logoThe Motley Fool logo

5 Sources

SiliconANGLE logoBenzinga logoThe Motley Fool logo

5 Sources

UiPath's Q2 Results Showcase AI Focus and Restructuring

UiPath's Q2 Results Showcase AI Focus and Restructuring Benefits, Analysts Remain Cautiously Optimistic

UiPath's Q2 2024 financial results exceed expectations, driven by AI integration and restructuring efforts. While analysts praise the company's progress, many maintain a neutral stance due to ongoing market challenges.

Benzinga logoSeeking Alpha logoInvesting.com UK logo

7 Sources

Benzinga logoSeeking Alpha logoInvesting.com UK logo

7 Sources

TheOutpost.ai

Your one-stop AI hub

The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.

© 2025 TheOutpost.AI All rights reserved