UiPath has unveiled its new Enterprise Cloud Platform. This is how it brings its Robotic Process Automation (RPA) software to the cloud. The new SaaS model exists alongside the on premise, private and public cloud deployment options.
The new enterprise customer deployment option should provide faster time to automation, as well as easy scalability and high availability. The Enterprise Cloud Platform also comes with an enterprise-class service level agreement with fewer IT infrastructure requirements to scale.
UiPath’s Cloud Platform offers all the capabilities of the company’s on premise software, and gives organizations a quick start in their RPA journey, according to the company itself. The Cloud Platform should make it easier for companies of all sizes to implement automation in their operations without the effort or additional cost of IT infrastructure. It is possible to start with a few processes and quickly scale up to hundreds of processes, without additional IT.
UiPath is the first to make its Orchestrator available via the Enterprise Cloud Platform. This should speed up the set-up and reduce the time-to-value. It also provides secure automation and simplified compliance.
The public preview of UiPath Cloud Platform is now available for free. As of the fourth quarter of this year, the platform should become generally available.
Most valuable AI startup
In May it was announced that UiPath would become the most valuable AI startup in the world, after an investment of $568 million through a financing round. This brought the value of the company to 7 billion dollars. UiPath is a market leader in RPA, which is a component of artificial intelligence that uses software robots to observe workflows in common business applications. It then tries to find ways to automate repetitive tasks.
After the investment round, the company became more valuable than the world’s previous most valuable AI start-up, Chinese SenseTime. The financing round of UiPath was led by Coatue. Dragoneer, Wellington, Sands Capital and funds and accounts advised by T. Rowe Price Associates also participated.This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.