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Breaking Analysis: Copilot or competitor - How gen AI bolsters and buffets UiPath’s Northstar
September 9, 2023
UiPath’s recent earnings beat and raise provides some evidence that thus far, gen AI has not been dilutive for the company. As an early leader that is transforming beyond RPA toward end-to-end enterprise automation, UiPath, like all automation providers, has always faced adoption headwinds beyond isolated deployments.
In this sense, gen AI should bolster adoption and be a positive force. The flip side is that widely available tools like chatbots and generalized foundation models could eat away at the low end of the automation TAM, highlighting the urgency fo...Read more