UiPath Named a Leader in Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024
UiPath (NYSE: PATH) has been named a Leader in the Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 for the second consecutive year. This recognition highlights UiPath's strong market impact and vision for Continuous Discovery, combining AI-powered task analysis and automation. Key points include:
- UiPath experienced approximately 150% year-over-year growth in task mining clients.
- UiPath Task Mining is part of UiPath Continuous Discovery, providing a holistic view of end-to-end processes.
- The company was also named a Leader for the fourth consecutive year in the Everest Group Process Mining Products PEAK Matrix® Assessment 2024.
UiPath's solutions help businesses identify process improvement opportunities, revamp workflows, and implement process automation within their Business Automation Platform.
UiPath (NYSE: PATH) è stata nominata Leader nel PEAK Matrix® Assessment 2024 dei Prodotti di Intelligenza per l'Interazione Digitale del Everest Group per il secondo anno consecutivo. Questo riconoscimento evidenzia il forte impatto di mercato e la visione di UiPath per la Continuous Discovery, combinando analisi dei compiti alimentate dall'AI e automazione. I punti chiave includono:
- UiPath ha registrato circa un 150% di crescita anno su anno nei clienti di task mining.
- Il Task Mining di UiPath è parte della Continuous Discovery di UiPath, fornendo una visione olistica dei processi end-to-end.
- L'azienda è stata anche nominata Leader per il quarto anno consecutivo nel PEAK Matrix® Assessment 2024 dei Prodotti di Process Mining del Everest Group.
Le soluzioni di UiPath aiutano le aziende a identificare opportunità di miglioramento dei processi, ristrutturare i flussi di lavoro e implementare l'automazione dei processi all'interno della loro Business Automation Platform.
UiPath (NYSE: PATH) ha sido nombrada Líder en la Evaluación PEAK Matrix® 2024 de Productos de Inteligencia de Interacción Digital del Everest Group por segundo año consecutivo. Este reconocimiento destaca el fuerte impacto de mercado de UiPath y su visión para el Descubrimiento Continuo, combinando el análisis de tareas impulsado por IA y la automatización. Los puntos clave incluyen:
- UiPath experimentó aproximadamente un 150% de crecimiento interanual en clientes de minería de tareas.
- La Minería de Tareas de UiPath es parte del Descubrimiento Continuo de UiPath, proporcionando una visión integral de los procesos de extremo a extremo.
- La empresa también fue nombrada Líder por cuarto año consecutivo en la Evaluación PEAK Matrix® 2024 de Productos de Minería de Procesos del Everest Group.
Las soluciones de UiPath ayudan a las empresas a identificar oportunidades de mejora de procesos, renovar flujos de trabajo e implementar la automatización de procesos dentro de su Plataforma de Automatización Empresarial.
UiPath(NYSE: PATH)는 2024 에베레스트 그룹 디지털 상호작용 지능 제품 PEAK 매트릭스® 평가에서 두 번째 연속으로 리더로 선정되었습니다. 이 인정은 UiPath의 강력한 시장 영향력과 AI 기반 작업 분석 및 자동화를 결합한 지속적 발견에 대한 비전을 강조합니다. 주요 사항은 다음과 같습니다:
- UiPath는 작업 마이닝 고객에서 연간 약 150% 성장을 경험했습니다.
- UiPath 작업 마이닝은 UiPath 지속적 발견의 일부로, 엔드 투 엔드 프로세스에 대한 전체적인 관점을 제공합니다.
- 이 회사는 2024 에베레스트 그룹 프로세스 마이닝 제품 PEAK 매트릭스® 평가에서 4년 연속 리더로 선정되었습니다.
UiPath의 솔루션은 기업이 프로세스 개선 기회를 식별하고, 워크플로를 혁신하며, 비즈니스 자동화 플랫폼 내에서 프로세스 자동화를 구현하는 데 도움을 줍니다.
UiPath (NYSE: PATH) a été nommé Leader dans l'évaluation PEAK Matrix® 2024 des produits d'intelligence d'interaction numérique du groupe Everest pour la deuxième année consécutive. Cette reconnaissance souligne l'impact fort de UiPath sur le marché et sa vision pour la découverte continue, alliant analyse de tâches alimentée par IA et automatisation. Les points clés incluent :
- UiPath a connu environ 150% de croissance d'une année sur l'autre dans les clients de mining de tâches.
- Le Task Mining de UiPath fait partie de la découverte continue de UiPath, offrant une vue holistique des processus de bout en bout.
- L'entreprise a également été nommée Leader pour la quatrième année consécutive dans l'évaluation PEAK Matrix® 2024 des produits de mining de processus du groupe Everest.
Les solutions de UiPath aident les entreprises à identifier des opportunités d'amélioration des processus, à rénover les flux de travail et à mettre en œuvre l'automatisation des processus dans leur plateforme d'automatisation des entreprises.
UiPath (NYSE: PATH) wurde zum Leader im PEAK Matrix® Assessment 2024 der Produkte für digitale Interaktionsintelligenz der Everest Group für das zweite Jahr in Folge ernannt. Diese Auszeichnung hebt den starken Markteinfluss und die Vision von UiPath für Continuous Discovery hervor, indem AI-gesteuertes Aufgabenanalysen und Automatisierung kombiniert werden. Die Schlüsselpunkte umfassen:
- UiPath verzeichnete ein jährliches Wachstum von etwa 150% bei Kunden im Bereich Task Mining.
- UiPath Task Mining ist Teil der UiPath Continuous Discovery und bietet eine ganzheitliche Sicht auf End-to-End-Prozesse.
- Das Unternehmen wurde zudem im PEAK Matrix® Assessment 2024 der Produkte für Prozess Mining der Everest Group zum vierten Mal in Folge als Leader ausgezeichnet.
Die Lösungen von UiPath helfen Unternehmen, Möglichkeiten zur Prozessverbesserung zu identifizieren, Arbeitsabläufe zu überarbeiten und die Prozessautomatisierung innerhalb ihrer Business Automation Platform umzusetzen.
- Named a Leader in Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 for the second consecutive year
- Experienced approximately 150% year-over-year growth in task mining clients
- Named a Leader for the fourth consecutive year in the Everest Group Process Mining Products PEAK Matrix® Assessment 2024
- Customers cited ease of use, process graph visualizations, and integrations as strengths
- None.
Insights
UiPath's leadership position in Everest Group's Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 is not a significant market mover. While it reinforces UiPath's strong market presence, such recognitions rarely impact stock prices directly. The 150% year-over-year growth in task mining clients is more noteworthy, indicating strong product adoption. However, without specific revenue figures, it's difficult to gauge the financial impact.
The integration of AI/ML algorithms in UiPath's task mining solution aligns with industry trends towards AI-driven automation. This could potentially strengthen UiPath's competitive position in the long term, especially as businesses increasingly seek data-driven approaches to optimize operations. Investors should monitor how this translates into revenue growth and market share gains in future financial reports.
UiPath's Continuous Discovery approach, combining task mining, process mining and communications mining, represents a comprehensive solution for business process optimization. The AI-powered task analysis is particularly noteworthy, as it can automatically classify and discover tasks, potentially reducing the manual effort required in process improvement initiatives.
The integration of these technologies within UiPath's Business Automation Platform creates a unified ecosystem for end-to-end process optimization and automation. This holistic approach could be a significant differentiator in the competitive RPA market. However, the real test will be in the platform's ability to deliver measurable efficiency gains and ROI for clients, which will be important for UiPath's long-term success and market position.
Solidifies market-leading position in the delivery of an end-to-end business automation platform that combines best-in-class AI-powered task analysis and automation
The Everest Group Digital Interaction Intelligence Products PEAK Matrix® Assessment 2024 is an annual industry assessment that evaluates the competitive technology landscape of task mining technology and key task mining trends. UiPath was named a Leader, and the report states, “UiPath enables companies to understand, automate, and operate end-to-end business processes and helps them achieve a state of continuous discovery and improvement by combining task mining, automation, process mining, and communications mining.”
The report notes, “Its unassisted task mining leverages AI/ML algorithms to classify and aid in the discovery of tasks, construct process maps, and determine the optimal variant.” The report also states that UiPath is a top provider for task mining clients, and that UiPath has experienced approximately
“UiPath Task Mining helps enterprises achieve operational excellence by providing them with the data-driven approach to optimize and accelerate their automation journeys. Continuous investment in product enhancements, integration with its automation capabilities, and strong YOY growth in its task mining revenue and client base have led UiPath to be recognized as a Leader on Everest Group’s Task Mining PEAK Matrix® Assessment 2024,” said Amardeep Modi, Vice President at Everest Group. “Ease of setup and implementation, scalability, and ability to increase efficiency are some of the key strengths highlighted by its clients.”
UiPath Task Mining is part of UiPath Continuous Discovery, which allows organizations to mine data from business applications, desktop activities, and conversations for a holistic view of end-to-end processes. UiPath Task Mining takes a data-driven approach in analyzing employees’ desktop activities, helping determine the best automation and process improvement opportunities. With AI-powered task analysis, businesses can identify areas for process improvement, revamp workflows, and implement process automation within the UiPath Business Automation Platform.
“Continuous Discovery is essential for organizations to consistently identify the source of bottlenecks and inefficiencies so they can focus efforts on high return-on-investment automation and improvement opportunities. Using this technology, businesses can keep processes in their most optimized state,” said Graham Sheldon, Chief Product Officer at UiPath. “With UiPath Task Mining, companies can gain objective data-driven insights into how people work and execute on automation ideas to increase efficiency and improve processes.”
This year, UiPath was also named a Leader for the fourth consecutive year in the Everest Group Process Mining Products PEAK Matrix® Assessment 2024. UiPath Process Mining transforms transactional data from backend systems such as SAP, Salesforce, ServiceNow, and Oracle into visual interactive dashboards. The dashboards provide a view of the as-is processes and KPIs, allowing users to identify process bottlenecks or discrepancies, and leverage AI to understand the root-causes or possible risks. In its evaluation of UiPath Process Mining, Everest Group reported that customers cited ease of use, process graph visualizations, integrations with external data sources, continuous monitoring capabilities, and ability to detect bottlenecks in processes as strengths.
Everest Group’s Task Mining Products PEAK Matrix® Assessment provides analysis and insights on task mining vendors and products to assist enterprises in their selection processes. The findings — based on an evaluation of vendors’ impact on the market, overarching vision and product capabilities and support, innovation, and significant performance improvement — are seen as benchmarks in standards and quality for the industry. As part of the evaluations, vendors are classified into Leaders, Major Contenders, and Aspirants, based on key dimensions. Everest Group defines Leaders as companies with strong growth momentum in the task mining market, that continue to differentiate with innovative features, and that focus on expanding their service and technology provider partnership ecosystem.
Download the custom Everest Group Task Mining Products PEAK Matrix® Assessment 2024 report here.
About UiPath
UiPath (NYSE: PATH) is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively, and strategically. The AI-powered UiPath Business Automation Platform combines the leading robotic process automation (RPA) solution with a full suite of capabilities to understand, automate, and operate end-to-end processes, offering unprecedented time-to-value. For organizations that need to evolve to survive and thrive through increasingly changing times, UiPath is The Foundation of Innovation™.
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