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FAQ?
Who is behind UiPath?
History UiPath was founded in 2005 in Bucharest, Romania as DeskOver, by Romanian entrepreneurs Daniel Dines and Marius Tîrcă. In 2013, the company released the first UiPath Desktop Automation product line, which gave companies RPA tools to automate manual and repetitive back office tasks. In 2015, the company changed its name to UiPath.
What is UiPath ai festival?
A festival of ideas celebrating automation and its power to enable people and organizations to soar to new heights. UiPath was named a Leader for the second consecutive year and positioned again highest for ability to execute in the 2020 Gartner Magic Quadrant for Robotic Process Automation.
What's happening with UiPath (UIP) stock?
As of 12:28 p.m. ET, the stock was down 12.9% on the news. UiPath, which deploys bots to automate business processes through low-code software, actually beat estimates in the second quarter of fiscal 2023, which ended July 31. Revenue increased 24% to $242.2 million, which was ahead of the consensus at $230.8 million.
Is UiPath on the Gartner list?
In June 2019 research firm Gartner announced that from 2017 to 2018 UiPath moved from #5 to #1 in RPA market share. In September, UiPath was ranked #3 on the Forbes Cloud 100. The company was the featured cover story of the September 30, 2019 Forbes print edition with UiPath CEO Daniel Dines called "Boss of the Bots."
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