STOCK TITAN

Accenture and UiPath Join Forces to Help Organizations Accelerate Transformation through Intelligent Automation

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Accenture (NYSE: ACN) and UiPath (NYSE: PATH) have expanded their collaboration to enhance enterprise automation adoption. This partnership aims to accelerate technology transformation and create growth opportunities. Their joint efforts have already benefited global clients like Uber and the University of Chicago Medical Center, where automation has improved productivity and operational efficiency. The collaboration particularly focuses on scaling automation across organizations, leveraging UiPath's solutions alongside Accenture's industry expertise to drive innovation.

Positive
  • Expanded collaboration between Accenture and UiPath aims to enhance enterprise automation.
  • Successful implementation of automation solutions at Uber and the University of Chicago Medical Center, showing tangible benefits.
  • Increased productivity and operational efficiency as a result of combined automation efforts.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Accenture (NYSE: ACN) and UiPath (NYSE: PATH), a leading enterprise automation software company, announced an expanded business collaboration to help companies boost the adoption of enterprise-wide automation, accelerate technology transformation efforts and create new growth opportunities.

As businesses reframe their future in a post-pandemic world, organizations that have been able to scale automation across the enterprise are empowering employees to innovate and drive value in new ways. Initially announced at the UiPath FORWARD IV conference in October, Accenture and UiPath are growing their longstanding alliance to combine robust automation solutions from UiPath with Accenture’s complementary services and industry expertise. This will help clients benefit from intelligent automation to increase productivity as well as create a catalyst for the reinvention of business processes to be more efficient and adaptable to change.

Accenture and UiPath have been jointly serving clients around the world, helping support their automation journeys, including at Uber and the University of Chicago Medical Center.

“At Uber, it’s about how we can apply technology and innovation to serve our customers," said Chad Aronson, global head of Intelligent Automation at Uber. "Partnering with UiPath and Accenture enabled us to take advantage of market-leading automation technology from UiPath and the digital and industry expertise of Accenture. This powerful combination has helped Uber achieve unparalleled results in its digital transformation journey to enhance internal operations productivity, quality, performance and user experience.”

At the University of Chicago Medical Center, the Accenture team has harnessed the power of the UiPath Intelligent Automation platform to drive innovation and improve employee and patient experiences in this time of a global pandemic. In just six months, UChicago Medicine successfully transitioned from a pilot program to a fully operational Bot Center of Excellence that will run, manage and update robotic process automation initiatives.

“Working with Accenture, we have brought automation technology across our supply chain, pharmacy and revenue cycle departments, resulting in cost savings and improvements in both employee and patient experiences. The team is currently exploring and delivering further automation in Epic test automation, IT operational optimization and contact center operations,” said Shariq Ata, executive director for Data Analytics, Architecture, Integration and Innovation at the University of Chicago Medical Center. “Accenture brings the right mix of technical and healthcare expertise to quickly identify, assess and implement UiPath automation solutions.”

“Increased collaboration with UiPath will help our clients realize more benefits from automation and achieve even greater value from the compressed transformations they are making,” said Paul Daugherty, group chief executive – Technology and chief technology officer at Accenture. “When we automate the ordinary, we can unleash the extraordinary. Our expanded work with UiPath marks an important step forward in advancing the business and human potential of automation, combining UiPath’s powerful automation platform with Accenture’s expertise in driving transformational outcomes for its clients.”

“Accenture and UiPath together bring unique capabilities that are unsurpassed, and we believe this will be transformative for clients in every industry,” said Daniel Dines, UiPath co-founder and Chief Executive Officer. “These days, speed goes hand in hand with success. Enterprises can’t afford to wait and hire someone tomorrow to build the solution they need today. Together, UiPath and Accenture can help enterprises realize the full potential of automation at scale as it reaches maturity.”

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 624,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

About UiPath

UiPath has a vision to deliver the Fully Automated Enterprise™, one where companies use automation to unlock their greatest potential. UiPath offers an end-to-end platform for automation, combining the leading Robotic Process Automation (RPA) solution with a full suite of capabilities that enable every organization to rapidly scale digital business operations.

Copyright © 2021 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

This content is provided for general information purposes and is not intended to be used in place of consultation with our professional advisors. This document refers to marks owned by third parties. All such third-party marks are the property of their respective owners. No sponsorship, endorsement or approval of this content by the owners of such marks is intended, expressed or implied.

Christian Harper

Accenture

+1 917.452.4417

christian.harper@accenture.com

Toni Iafrate

UiPath

pr@uipath.com

Investor Relations

Kelsey Turcotte

UiPath

investor.relations@uipath.com

Source: UiPath

FAQ

What is the purpose of the Accenture and UiPath collaboration?

The collaboration aims to boost enterprise-wide automation adoption and accelerate technology transformation efforts.

Which clients are benefiting from the Accenture and UiPath partnership?

Clients like Uber and the University of Chicago Medical Center are benefiting, showcasing improved productivity and operational efficiency.

What industries are being targeted by the Accenture and UiPath partnership?

The partnership seeks to transform businesses across various industries by leveraging automation solutions.

How will the Accenture and UiPath collaboration impact shareholders of PATH and ACN?

The expanded collaboration is expected to enhance business growth and operational efficiency, positively impacting shareholders.

UiPath, Inc.

NYSE:PATH

PATH Rankings

PATH Latest News

PATH Stock Data

7.08B
467.51M
7%
69.95%
4.36%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
NEW YORK