UiPath Named a Leader in Everest Group Task Mining Products PEAK Matrix® Assessment 2023
14 Agosto 2023 - 10:07AM
Business Wire
UiPath has experienced 150% year-over-year
growth in task mining clients
UiPath (NYSE: PATH), a leading enterprise automation software
company, today announced it was named a Leader in the Everest Group
Task Mining Products PEAK Matrix® Assessment 2023, the latest
recognition of UiPath’s strong market impact and vision for
Continuous Discovery, which combines best-in-class, AI-powered task
analysis and automation.
The Everest Group Task Mining Products PEAK Matrix® Assessment
2023 evaluates the competitive technology landscape of task mining
technology and key task mining trends. UiPath was named a Leader,
and the report stated, “UiPath aims to empower enterprises to gain
a comprehensive understanding of their business processes and
achieve a state of continuous discovery and improvement by
combining task mining, automation, process mining, and
communications mining.”
The report states, “Its unassisted task mining leverages AI/ML
algorithms to classify tasks, construct process maps, and determine
the optimal variant.” The report also states that UiPath is a top
provider by task mining clients, and that UiPath has experienced
150% year-over-year growth in task mining clients.
“Continuous investment in product enhancements, integration with
its automation capabilities, and strong YOY growth in its task
mining revenue and client base have helped UiPath emerge as a
Leader on Everest Group’s Task Mining PEAK Matrix® Assessment
2023,” said Amardeep Modi, Vice President at Everest Group. “Ease
of setup and implementation, scalability, and product support 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. Continuous Discovery then allows
organizations to understand the root cause of bottlenecks and
inefficiencies to focus efforts on high return-on-investment (ROI)
automation and improvement opportunities. Using this method,
organizations can keep processes in the most optimized state.
“The Discovery Suite of tools in the UiPath Business Automation
Platform allow customers to continuously uncover the highest ROI
opportunities from every data source and prioritize automations by
the largest impact on business outcomes,” said Graham Sheldon,
Chief Product Officer, UiPath. “UiPath Task Mining accelerates
process improvements by providing an objective, data-driven picture
of how people work. With centrally managed data capture and
AI-powered analysis, companies can then execute on automation ideas
to increase efficiency and improve tasks.”
This year, UiPath was also named a Leader for the fourth
consecutive year in the Everest Group Process Mining Products PEAK
Matrix® Assessment 2023. 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.
Process mining reveals the current state of the process, enabling
organizations to identify automation and improvement potential in
end-to-end business processes. UiPath is the only process mining
offering that enables organizations to seamlessly discover,
understand, take action, and monitor complex processes to achieve
their desired business outcomes like working capital optimization,
cycle time reduction, or throughput time decrease.
Everest Group’s Task Mining Products PEAK Matrix® Assessment is
an annual industry assessment providing analysis and insights on
task mining vendors and products to assist enterprises in their
selection processes. The findings—which are 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 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™. For more information, visit www.uipath.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230814595626/en/
Media: Pete Daly UiPath pr@uipath.com
Investor Relations: Kelsey Turcotte UiPath
investor.relations@uipath.com
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