UiPath Unveils New Vision for the Future: Expanding the Boundaries of AI with Agentic Automation

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UiPath previews Agent Builder?, a tool for automation developers and business users to build, evaluate, and publish agents

NEW YORK & LAS VEGAS, October 22, 2024--(BUSINESS WIRE)--UiPath (NYSE: PATH), a leading enterprise automation and AI software company, today announced its new vision and strategic direction centered on the next evolution of enterprise automation – agentic automation.

UiPath, best known for its industry-leading robotic process automation (RPA) technology, is innovating customer automation journeys with agentic automation – a progressive leap from RPA that combines AI agents, robots, people, and models to deliver AI transformation enterprise wide for end-to-end processes. The value of agentic lies in its potential to efficiently tackle the long tail of complex and differentiated use cases across industries, while offering previously unseen potential for customization, adaptability, and cost-savings.

Agentic automation will use both robots and agents to complete work tasks. Robots are best for automating repetitive and rule-based tasks, improving efficiency, and reducing manual effort, while agents are best at adapting to changes, making intelligent decisions, and handling complex and dynamic processes. The combination of robots and agents extends the scope and impact of automation, unlocking business growth and empowering employees to focus on higher-value work. Agents complete critical business processes and tasks that were not previously possible to automate due to their ability to act independently and make dynamic decisions.

"Agentic automation is the natural evolution of RPA," said Daniel Dines, Founder and CEO. "Since our inception, we have helped our customers revolutionize their businesses by emulating humans through robotic process automation. Now, we’re advancing enterprise automation with agents, allowing customers to automate entire end-to-end processes and orchestrate workflows seamlessly. The result is more substantial business outcomes, greater productivity, and more customer-facing direct benefits from automation."

Agents can make use of the millions of automations developed by UiPath customers and leverage the same ecosystem of tools that enables these automations to integrate reliably with thousands of enterprise business applications. Agents benefit from the governance and control provided by the UiPath Platform and the precision-oriented robots that perform with high reliability as well as human-in-the-loop capabilities for critical decisions.

Maximizing the value of agentic workflows requires orchestration between agents, robots, humans, and models, but the complexity of integrating often-unpredictable models into business-critical workflows can be challenging. UiPath will address these challenges with agentic orchestration: a process that enables the design, implementation, operation, monitoring, and optimization of complex business processes from start to finish. Customers can manage the end-to-end process lifecycle—automation, intelligent process insights, modeling, monitoring, and management—all in one platform, allowing automation, AI agents, and humans to work together for better outcomes. By understanding all roles and responsibilities in workflows, agentic orchestration can ensure compliance and deterministic outcomes with the dynamic adaptability allowed by agents.