STOCK TITAN

UiPath Brings Best-in-Class UI and API Automation Together and Strengthens Enterprise Scale in 2021.10 Platform Release

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

UiPath (NYSE: PATH) announces over 100 feature enhancements in its 2021.10 platform release, reinforcing its leadership in enterprise automation. Key upgrades include the UiPath Integration Service, which allows seamless API and UI integration; endpoint security through CrowdStrike; and improved developer tools for faster automation development. The new Automation Suite offers cloud-native capabilities and on-premises options, aiming to enhance productivity and governance in automation initiatives. These innovations position UiPath to expand its market influence significantly.

Positive
  • Release of over 100 feature enhancements in the 2021.10 platform.
  • Introduction of the UiPath Integration Service for improved API and UI integration.
  • First-to-market endpoint security with CrowdStrike, enhancing threat management.
  • Acceleration of automation development through new tools and components.
  • Launch of the Automation Suite, offering flexible delivery options and cloud-native capabilities.
Negative
  • None.

With more than 100 feature enhancements across product base, UiPath extends market-leading solutions in industry’s only end-to-end automation platform

NEW YORK--(BUSINESS WIRE)-- UiPath (NYSE: PATH), a leading enterprise automation software company, today announces its latest platform features that enable customers to further their automation journeys with powerful capabilities and simpler, more gratifying experiences in discovering, building, managing, and running automations across the enterprise.

With its 2021.10 platform release, UiPath strengthens its core robotic process automation (RPA) solutions while introducing first-to-market, enterprise-grade UI-based and API-based automation capabilities, delivering enterprise-grade automation management, reliability, governance, and security, and accelerating how developers build automations and how users implement them. The new release also offers the benefits of cloud native architecture through the new UiPath Automation Suite, whether customers choose to take delivery of the UiPath Platform via on-premises, public cloud, or third-party hosted services.

“In the enterprise of the not-to-distant future, automation serves as the connective force for the entire enterprise, providing digital joins across applications, systems, and software. Companies have fully embraced an ‘automation first, automation foundational’ approach to conceiving, designing, and executing processes,” said Param Kahlon, Chief Product Officer at UiPath. “By bringing adjacent new capabilities together into a single place and providing seamless integration between them, we can blast through existing RPA boundaries, dramatically expanding the playing field for developers, and multiplying and accelerating automation’s overall impact across the enterprise.”

New innovations include:

  • UiPath Integration Service: UiPath customers now have access to powerful API and UI integration along with the flexibility to use UI and API in any combination within a single automation. Developers can now use APIs just like they employ UI—simply and easily from within UiPath Studio. They can quickly build automations requiring APIs as well as automations that traverse both API and non-API apps and systems—like those involving both modern and legacy technologies. Integration Service also enables centralized governance of API access.
  • Powering the Mission-Critical Role of Automation in the Enterprise: With the Endpoint Protection Integration with CrowdStrike, UiPath is the first in the industry to offer endpoint security for RPA. Joint UiPath and CrowdStrike customers now can enjoy the same level of endpoint protection for robots as they already have for people. With real-time correlation of events with the originating RPA processes and the ability to quarantine hosts without disrupting business processes, this integration significantly improves and accelerates threat hunting, investigation, and remediation while ensuring business continuity. The release also includes new capabilities to scale and govern automation programs. Customers can automatically monitor and maintain critical Platform elements. For example, Robot Auto-healing, powered by UiPath built-in IT automation capabilities, assesses robots’ runtime environments to detect and remediate issues without requiring human intervention.
  • Accelerating Development and Use of Automation: For developers, the release includes packages, components, and intelligent “assists” that accelerate building while standardizing and improving automation quality and makes it easier to incorporate AI into their automations. Developers can bring in their enterprises’ data science, as well as models from UiPath partners, directly into AI Center with the new ML Ops Solution. Developers can now build automations for Linux. For citizen developers, it offers integrations for OneDrive and SharePoint, and the Object Repository now in StudioX automatically captures and codifies source codes and creates a library of reusable components. For end users, a new integration between Assistant and UiPath Marketplace now makes it simpler to take advantage of the rapidly growing array of ready-to-go, simple-to-use Marketplace automations. This new “choose and use” capability brings UiPath partners’ innovations to end users’ desktops so end users can easily find solutions for their everyday needs.
  • Leading with Cloud Native Automation: Automation Suite takes the best of UiPath Automation Cloud SaaS experience and optimizes it for delivery on-premises, in public cloud, or from hosting partners. The first-to-market single-install containerized package delivers everything—all UiPath server products containerized with Kubernetes, integrated, and delivered with platform management tools already built in. Also built in are high availability and scale management, as well as end-to-end support from UiPath for everything in the package, including the platform components and product integrations.

"We were waiting for an on-prem option to use some of these products, especially Automation Hub and Task Mining. Getting deeper into Linux and Kubernetes was already on our strategic roadmap; Automation Suite pushed us to evaluate these technologies earlier which will benefit the organization overall,” said Nathan Spencer, Citizen Development Program Lead at WPS Health Insurance. “Having all the UiPath products already packaged end-to-end into one installable, containerized solution with infrastructure made installation faster – which means that we can put more time into ramping up the automation discovery processes themselves and delivering benefit to the business sooner."

“UiPath is aggressively growing horizontal as well as vertical. Horizontally by adding more and more products around the automation space and vertically by adding more and more functionality and capabilities to each product,” said Krishna Devineni, Lead Software Engineer, Intelligent Automation at Autodesk. “Another interesting feature I am looking forward to is Automation Ops. As we are moving toward Citizen Development, the more governance we have, the better. It is easier to bring best practices and controls to be secure.”

To learn more about UiPath 2021.10, join a virtual event on November 18 at 11am EDT, 10am GMT, or 2pm AEDT, as Chief Product Officer Param Kahlon introduces the platform’s freshest capabilities.

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.

Media Contact

Pete Daly

UiPath

pr@uipath.com



Investor Relations Contact

Kelsey Turcotte

UiPath

investor.relations@uipath.com

Source: UiPath

FAQ

What new features did UiPath introduce in the 2021.10 platform release?

UiPath introduced over 100 new features, including API and UI integration, endpoint security with CrowdStrike, and a new Automation Suite for flexible delivery.

How does the new Automation Suite benefit UiPath customers?

The Automation Suite offers cloud-native capabilities and on-premises options, improving integration and automation management.

What is the significance of UiPath's integration with CrowdStrike?

The integration provides endpoint security for RPA, enhancing threat management and ensuring business continuity for users.

When was the latest UiPath platform release announced?

The latest platform release was announced with the 2021.10 version.

UiPath, Inc.

NYSE:PATH

PATH Rankings

PATH Latest News

PATH Stock Data

7.07B
432.65M
7%
65.11%
4.95%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
NEW YORK