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Art of the possible is the inspiring message from New York-based UiPath ( NYSE : PATH ), which believes in the transformative power of robotic process automation ( RPA ) to unlock growth and save time for its global customers .
“ RPA is the productivity tool of the future ,” says Boris Krumrey , Global VP Automation Innovations , who is working toward the company goal of a “ world with a robot for every person ”.
UiPath is the market leader in RPA – a software automation technology designed to let software robots take on manual , repetitive tasks and give time back to employees to focus on higher-value work . RPA adoption lies at the centre of an enterprise ’ s digital journey .
Some advanced robots can perform cognitive processes like interpreting text and applying advanced machine learning models to help humans make complex decisions .
For the second consecutive year , UiPath – which has offices in more than 30 countries – has been named a Leader and the vendor positioned highest for the ability to execute in the 2020 Gartner Magic Quadrant for RPA . It is also named as a Leader in the Forrester Wave for RPA and Everest Group ’ s
Process Mining PEAK Matrix . The company , founded in 2005 in Bucharest and has a market cap of $ 38 billion , and its customers include eight of the Fortune 10 companies and 63 % of the Fortune Global 500 companies .
Krumrey leads a team that helps design automation innovations for UiPath ’ s customers , which include Spotify and Autodesk . “ As automation can be quite an abstract concept , we show our customers the art of the possible with automation in the UiPath Immersion Lab – where seeing really is believing .”
UiPath is a close partner of PwC , working together to create gains in productivity and cost savings in retail , transportation , and the oil and gas sector . “ We have a great relationship and PwC shares our vision of a robot for every person in their own company ,” said Krumrey .
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