July 28, 2021

all about the Robotic Process Automation platform

UiPath is one of the leading RPA (Robotic Process Automation) automation platforms. Find out everything you need to know about this platform, its features and benefits.

In all sectors, companies waste a lot of time on boring, tedious, but necessary tasks. In order to avoid this waste of time, many organizations are turning to RPA or Robotic Process Automation.

This technology, based on artificial intelligence, allows automate repetitive tasks. Among the various RPA platforms, UiPath Studio is considered one of the best …

UiPath: what is it?

UiPath was founded in 2005 by Romanian entrepreneurs Daniel Dines and Marius Tirca. After starting in Bucharest, the firm then opened new offices in London, New York, Singapore, Tokyo and Bangalore.

In 2017, the company had 590 employees and decided to move its headquarters to New York to be closer to its American customers. Between 2016 and 2017, it went from 100 to 700 customers …

In 2019, UiPath totals five fundraisers. The firm raised $ 1.6 million in August 2015, $ 30 million in April 2017, $ 153 million in March 2018 and $ 225 million in September 2018.

The most recent fundraising dates back to April 30, 2019. During this series D fundraising, led by Coatue Management, UiPath Reached $ 568 Million. Other investors include Alphabet CapitalG, Sequoia, Accel, Madrona Venture Group, IVP, Dragoneer, Wellington, and Sands Capital. The company is now valued at $ 7 billion.

What are the different products?

UiPath’s RPA platform comes in three different products: UiPath Studio, UiPath Robot, and UiPath Orchestrator. First of all, UiPath Studio allows visualize automation processes using different diagrams representing the different categories of tasks.

The following UiPath Robot it allows you to execute the processes designed using the studio. The robots will take care of performing the tasks autonomously, or when the process is activated by a human.

Finally, l’UiPath Orchestrator presents itself as a web application. It allows the deployment, programming and management of robots and processes. It is therefore a centralized management platform for RPA.

What are the advantages of UiPath?

The UiPath platform has several advantages. First of all, it can be hosted on Cloud environments or virtual machines. In addition, it is compatible with a wide variety of web and PC applications.

Its centralized directory is also very practical for managing entire fleets of robots. The safety is also at the rendezvous, with the need to identify to run the robots.

Let us also quote a screen data capture solution (screen scraping) working with many formats and languages ​​like .Net, Java, Flash, PDF, or SAP. Finally, its debugging mechanisms and artificial intelligence will be of great help on a daily basis.

UiPath versus other automation platforms

Faced with other automation platforms such as Selenium or Waite, UiPath establishes itself as the leader in its category. While competing tools are optimized for web automation, they are not suitable for automating desktop applications.

So, the platform outperforms its rivals for desktop automation tasks or remote applications, as well as for data handling and scraping techniques. Its interface and process writing methodology are also more comfortable than those of other solutions.