According to a recent report by Gartner, UiPath has been named a Leader in Gartner’s Magic Quadrant for RPA. This designation, as assessed by Gartner, underscores the capabilities of UiPath’s Business Automation Platform, which encompasses a broad set of hyperautomation capabilities, including RPA, AI, Natural Language Processing (NLP), API automation, process orchestration, low-code app development, and more.
Gartner’s evaluation emphasizes that UiPath’s cloud-native platform allows both professional and citizen developers to create and consume automations in a secure and collaborative manner. With its recent AI enhancements, Gartner notes that UiPath is actively evolving its product line.
According to Gartner, UiPath’s strengths lie in its influential brand and its role in shaping the market narrative around AI-powered automation. Transitioning from a pure RPA tool vendor to an enterprise automation platform provider, UiPath combines a wide array of technologies and offers tailored solutions for various industries.
Gartner’s report highlights UiPath’s dominant position as the largest vendor in terms of RPA-specific revenue. With a substantial partner ecosystem and global demand, Gartner views UiPath’s vision for a stable platform as key to meeting customers’ automation needs.
Gartner also recognizes UiPath’s diverse customer base, comprising more than 10,000 enterprises across all industries. Customers can utilize UiPath’s extensive RPA-specific partner ecosystem, as noted by Gartner, to augment industry capabilities.
However, Gartner’s report also points to areas for improvement for UiPath. Gartner has found that some customers believe that complementary technologies such as IDP and process mining could be enhanced. Additionally, Gartner reports that some customers have faced significant cost increases under legacy on-premises pricing, leading UiPath to introduce new licensing models.
Gartner’s analysis also revealed concerns regarding the quality of services provided by some of UiPath’s systems integrator partners. In response, UiPath is reportedly revising its partner program to focus on quality rather than quantity.
In conclusion, Gartner’s recognition of UiPath as a Leader in its Magic Quadrant is an acknowledgment of the company’s product strategy, strong market presence, and extensive customer ecosystem, as per the Gartner report. The document serves as a detailed analysis of UiPath’s position in the rapidly growing field of RPA, presenting both commendations and areas for improvement, as assessed by the research and advisory firm.
