Gartner has announced their first-ever Magic Quadrant for Robotic Process Automation Software.
UiPath has been positioned by Gartner as a Leader in the “2019 Magic Quadrant for Robotic Process Automation Software” research report.
UiPath was one of 18 vendors evaluated in the first year of this report and placed highest and furthest for ability to execute and completeness of vision, respectively, in the Leaders quadrant.
According to Gartner, “As organizations look for ways to improve operational efficiency and integrate legacy systems with new enterprise applications and digital business, robotic process automation continues to grow its footprint.”
“We’re excited to see the attention being paid to RPA. There is real recognition that businesses are investing in RPA to augment and support their workforces with software robots, rapidly accelerating the digital transformation of their entire business, and freeing employees to spend time on more impactful work,” says Daniel Dines, UiPath co-founder and CEO.
“UiPath is leading this workforce revolution, driven by our core determination to democratize RPA and deliver on our vision of a robot helping every person.”
Gartner’s RPA Magic Quadrant evaluation was based on UiPath Enterprise RPA platform version 2018.3.1 and UiPath Go!.
UiPath Go! is the company’s online marketplace for re-usable RPA and artificial intelligence building blocks.
Gartner’s evaluation criteria for completeness of vision includes market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy. Criteria for a vendor’s ability to execute includes evaluating the product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience, and operations.