Arria is pleased to share the following news regarding one of our newest partners, UiPath. This partnership opens the way for Arria's entrance into the Robotic Process Automation (RPA) technology sector.
Arria's integration with UiPath will bring to market the ability to easily add NLG to any RPA process.This is a significant step forward as Arria continues to integrate its NLG technology throughout the worldwide marketplace.
Forbes recently reported that RPA is one of the hottest sectors of the tech market. Some of the world’s top venture capitalists, such as Sequoia Capital, CapitalG and Accel Partners, have invested enormous sums in companies such as UiPath. According to Grand View Research, the spending on RPA is expected to hit $8.75 billion by 2024.
Robotic Process Automation is being used across business sectors including finance, manufacturing, telecommunications and retail, in divisions ranging from IT departments to human resources and accounting. The bots—which often include artificial intelligence—perform tasks ranging from transferring information to different databases to compiling reports.
Partner Overview: UiPath RPA software allows anyone today to configure computer software, or a “robot”, to emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA robots utilize the user interface to capture data and manipulate applications just like humans do. Founded in 2005, UiPath started in Bucharest, Romania and later opened offices in London, New York, Bengaluru, Singapore and Tokyo.
“We are enabling a future where employees at every organization are empowered to automate tedious and time-consuming work, enabling them to focus on creative, challenging problems,” said Daniel Dines, co-founder and CEO of UiPath. “We are delighted by the strong support of our customers, partners and investors towards making this future of automation a reality.”
Industry Vertical: Robotic Process Automation
Use Case: UiPath has selected Arria as its NLG technology partner, integrating Arria into the UiPath RPA platform alongside NLP and NLU technologies. UiPath and Arria will be showcasing the power of RPA + NLG by automating Portfolio Market Commentary using Morningstar data.