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UiPath Announces Managed Services Partnership with Neostella to Deliver Automation for Midmarket Businesses

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UiPath (NYSE: PATH) has enhanced its partnership with Neostella, a Diamond partner specializing in automation services, to deliver managed services for midmarket businesses. The new offering provides flexible pricing models tailored for organizations with revenues up to $500 million, eliminating upfront licensing costs. Neostella's solutions aim to simplify automation implementation, ensuring fast returns on investment while utilizing their expertise in Robotic Process Automation (RPA). This collaboration positions both companies to better meet the growing demand for automation solutions.

Positive
  • Enhanced partnership with Neostella to provide managed services.
  • New flexible pricing models tailored for midmarket businesses.
  • Elimination of upfront licensing costs, making RPA accessible.
  • Increased demand from customers for automation solutions.
  • Quick return on investment with managed services.
Negative
  • None.

Diversified offering from Neostella provides flexible automation investment models to help midmarket businesses improve operations and processes

NEW YORK--(BUSINESS WIRE)-- UiPath (NYSE: PATH), a leading enterprise automation software company, today announced an enhanced partnership with Neostella, a UiPath Diamond partner which specializes in automation, business consulting, and implementation services, to bring managed services to the midmarket business segment.

Neostella Robotic Process Automation (RPA) Managed Services allow new and existing customers to reap the benefits of RPA within a pricing structure that is commensurate with the needs and budgets of small to midmarket organizations with revenues of $500 million or below. Neostella provides options for RPA solutions based on need, with a variety of usage models to meet customers’ specific goals while eliminating up-front licensing requirements and subsequent utilization management.

“We are excited to grow our partnership with UiPath, the leader in enterprise automation, and help our customers be more proficient at starting and scaling their automation implementations,” said Matt Lautz, CEO and Founder of Neostella. “We are seeing increased demand from customers who want pre-built or full-service solutions from Neostella that make implementing, maintaining, and scaling automation practices much more simplified, convenient, and cost effective. The managed services model provides customers with immediate return on investment while benefiting from our deep RPA expertise in license management, implementation, and ongoing RPA development and support.”

“As CIOs and other business leaders make automation an imperative, they are continuing to rely on automation experts within the UiPath partner ecosystem to ensure success. Neostella has demonstrated tremendous impact in helping customers achieve business outcomes faster through the UiPath end-to-end automation platform,” said Jay Snyder, Senior Vice President and Global Head of Customer Success and Partners at UiPath. “With our enhanced partnership, Neostella and UiPath will collaborate to drive added value to customers through flexible models that allow organizations to deploy automations quickly and efficiently and expand their automation footprint.”

To learn more about Neostella automation solutions and services, visit here. To learn more about the UiPath Business Automation Platform, please visit www.uipath.com.

About Neostella
Neostella is a global hyperautomation firm with expertise in Robotic Process Automation (RPA), Business Process Management (BPM), Application Integration (iPaaS), Custom Development, and more. Neostella takes a solutions-based approach to hyperautomation and works closely with their customers to create solutions utilizing the right technologies to deliver the unique business objectives of every organization they serve. With office locations in North America, South America, Europe, and Asia, Neostella’s global team offers ongoing 24/7 support, ensuring long-term success after automations go live.

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.

UiPath

Media

Pete Daly

pr@uipath.com

Investor Relations

Kelsey Turcotte

investor.relations@uipath.com

Neostella

Lisa Bevington, Media Relations

414-403-6082

lisa.bevington@neostella.com

Source: UiPath

FAQ

What is the recent announcement by UiPath (NYSE: PATH) regarding Neostella?

UiPath has enhanced its partnership with Neostella to provide managed services aimed at midmarket businesses.

How does the new partnership between UiPath and Neostella benefit midmarket businesses?

The partnership offers flexible pricing models and eliminates upfront costs, making automation more accessible for small to midmarket organizations.

What revenue limit is specified for businesses to benefit from the new RPA managed services?

The managed services are designed for organizations with revenues of $500 million or below.

What key offerings are included in the RPA managed services provided by Neostella?

Neostella provides pre-built and full-service solutions to simplify and scale automation implementations.

What is the expected outcome of the partnership between UiPath and Neostella?

The collaboration aims to drive added value and help customers achieve business outcomes faster through automation.

UiPath, Inc.

NYSE:PATH

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