Kevin JohnsonUiPath is a leading software company based in New York that provides robotic process automation (RPA). The company was founded as DeskOver in 2005 by Daniel Dines and Marius Tirca in Bucharest, Romania.
In 2013, UiPath released the first desktop automation product line. This RPA solution automates front and back-office tasks. The company rebranded as UiPath in 2015.
UiPath went public in Apr 2021 and raised $1.34 billion, one of the largest US software IPOs in history. [1]
UiPath expanded its platform with strategic acquisitions. The company acquired StepShot and ProcessGold in 2019 and Cloud Elements in 2021. In Jul 2022, UiPath bought Re:infer to enhance natural language processing.
UiPath leverages Artificial Intelligence through its AI Center to help companies incorporate AI and machine learning models into their automation. With Re:infer, UiPath can enhance its AI and ML capabilities further. The platform also offers UiPath Action Center, Apps, Assistant, Automation Hub, Insights, Document Understanding, Process Mining, and StudioX.
However, the company faces stiff competition from Automation Anywhere, Blue Prism, Datamatics, AutomationEdge, Appian, IBM, and WorkFusion. [2]
Here is an in-depth analysis of UiPath’s top 15 competitors and alternatives:
1. Automation Anywhere
Year founded: 2003
Headquarter: San Jose, California
Automation Anywhere is a software company that develops RPA software. Its Automation 360 solution is a cloud-native end-to-end program that automates repetitive processes.
Since its founding, Automation Anywhere has raised $1.04 billion from investors. The company employs over 2,200 people.
Automation Anywhere and UiPath offer RPA software to boost companies’ productivity. In 2022, investors expected Automation Anywhere to go public via IPO, but its IPO never materialized.
The company raised $290 million in its last funding round in Nov 2019 at a post-money valuation of $6.8 billion. Automation Anywhere is the top UiPath competitor and alternative. [3]
2. Blue Prism
Year founded: 2001
Headquarter: Warrington, United Kingdom
Blue Prism is a British multinational software corporation owned by SS&C Technologies, a global solution provider for the financial services and healthcare industries. Blue Prism’s RPA tool delivers the capability of a virtual workforce powered by software robots. As of Oct 2022, Blue Prism had over 2,800 customers on its platform. [4]
Blue Prism’s enterprise RPA solution automates complex, end-to-end operational activities. The Java-based tool offers a visual designer with drag-and-drop features.
In Oct 2022, SS&C Technologies introduced Blue Prism Intelligent Automation Platform (IAP). This IA Suite combines RPA, business process management (BPM), AI, and no-code capabilities. Blue Prism is one of the best UiPath alternatives for intelligent automation. [5]
3. Datamatics
Year founded: 1975
Headquarter: Mumbai, India
Datamatics is an Indian digital operations, technology, and experiences company. It offers intelligent solutions to help data-driven businesses increase productivity and improve the customer experience.
As of Jul 2022, Datamatics operated across four continents with delivery centers in the USA, India, and the Philippines.
Datamatics offers IT and engineering services, BPM, big data, and analytics solutions powered by AI. Like UiPath, Datamatics provides a comprehensive Intelligent Automation (IA) suite of products, but Datamatics combines TruBot RPA and TruCap IDP solutions with AI, ML, and NLP models.
In Jul 2022, Gartner positioned Datamatics in the Magic Quadrant for Finance and Accounting BPO as a Niche Player. Datamatics is one of the top UiPath competitors. [6]
4. AutomationEdge
Year founded: 2015
Headquarter: Pune, India, and Houston, Texas
AutomationEdge provides IT automation and RPA solutions. It helps organizations automate mundane, repetitive, rule-based tasks across verticals.
In Jan 2023, AutomationEdge earned the top spot in the G2 Enterprise Grip Report for RPA in support and ease of use categories. [7]
AutomationEdge and UiPath enable end-to-end automation, but AutomationEdge combines several solutions in a hyper automation platform, including DocEdge for intelligent document processing, RPA, and Conversational AI. According to G2 reviews, AutomationEdge RPA meets and exceeds its customers’ enterprise requirements, making AutomationEdge a formidable UiPath competitor.
5. Appian RPA
Year founded: 1999
Headquarter: McLean, Virginia
Appian is a cloud computing and enterprise software company. It offers Appian RPA to help companies automate business processes.
In Apr 2022, Appian was named Gartner’s Peer Insights Customers’ Choice for Enterprise Low-Code Applications Platform. [8]
Like UiPath, Appian’s platform combines process mining, workflow, and automation, but its low-code solution requires minimal coding. Organizations use Appian RPA to automate IT procurement processes, speed up vendor quote approvals, and send automated reminders to team members. Appian RPA is a worthy UiPath alternative.
6. IBM RPA
Year founded: 1911
Headquarter: Armonk, New York
IBM is a computer and technology company that develops hardware and software solutions. It offers the IBM RPA tool with robust process automation features. In 2022, IBM recorded more than mid-single-digit growth in annual sales. [9]
IBM and UiPath offer RPA solutions, but IBM has an end-to-end product line. Users can integrate IBM RPA with IBM’s Cloud Pak for Business Automation to streamline mission-critical processes.
According to Gartner Customer Reviews, IBM RPA has a 4.4-star rating. IBM RPA is one of the best UiPath alternatives.
7. WorkFusion
Year founded: 2010
Headquarter: New York City, New York
WorkFusion is a leading provider of Intelligent Automation (IA) solutions. Its IA cloud platform serves Fortune 500 enterprises, banks, insurance, and financial services.
In Oct 2022, WorkFusion expanded its global footprint by opening new European headquarters in Dublin. The company previously had only three physical offices in New York City, Warsaw, and Hyderabad, India. [10]
WorkFusion’s IA cloud platform finds manual processes and automates them with intelligent bots. It offers AI-enabled digital workers via the WorkFusion Network to augment traditional teams engaging in regular “human in the loop” interactions.
In 2023, the company plans to hire 100 software engineers and data scientists for its AI-enabled digital workforce solutions, making WorkFusion a fast-growing UiPath competitor.
8. Kofax
Year founded: 1985
Headquarter: Irvine, California
Kofax provides intelligent automation software. Its RPA software helps businesses automate and improve workflows by simplifying the handling of data and documents.
In Jul 2022, Clearlake Capital and TA Associates acquired Kofax from private equity firm Thoma Bravo. This acquisition will boost investment in Kofax’s cloud-based technology and product growth initiatives in RPA and machine learning to deliver more value to its customers. [11]
Kofax started as an image-processing technology provider, but the company expanded into low-code software, digital transformations with AI, document intelligence, process orchestration, and cognitive services.
In Nov 2022, TrustRadius recognized Kofax on its first annual Best Software List. The company won 3 TrustRadius Best Software Awards. Kofax is one of the best alternatives to UiPath for intelligent automation solutions. [12]
9. Nintex
Year founded: 2006
Headquarter: Bellevue, Washington
Nintex is a global process intelligence and automation provider. Over 10,000 organizations from 90 countries use Nintex to accelerate digital transformation by deploying workflow apps quickly to automate and optimize business processes.
In Jun 2022, the Nintex Process Platform won a Top Rated Award from TrustRadius for the fourth year. [13]
Nintex and UiPath improve processes by streamlining workflows. Businesses can build process apps and automate tasks using skilled bots and Nintex RPA’s drag-and-drop interface.
In Feb 2022, Nintex acquired Kryon to combine process mining with RPA on its platform. UiPath also has process mining capabilities. So, Nintex’s Kyron acquisition undercuts UiPath’s competitive advantage. [14]
10. SAP Build Process Automation
Year founded: 1972
Headquarter: Walldorf, Germany
SAP is a German multinational software corporation. Its SAP Build Process Automation competes against UiPath’s RPA. In 2022, the company had around 110,000 employees.
The main competitive advantage of SAP Build Process Automation over UiPath is its integration with other SAP solutions. Thousands of companies already use SAP CX, CRM, ERP, SCM, HCM, SAP SuccessFactors, and HXM to manage business operations and customer relations.
In 2022, SAP was named a Leader Gartner’s Magic Quadrant for Digital Commerce and Data Integration Tools. SAP Build Process Automation is one of the top UiPath alternatives. [15]
11. Pega
Year founded: 1983
Headquarter: Cambridge, Massachusetts
Pega is a software company that develops CRM and business process management solutions. Its robotic automation software automates complicated infrastructure-oriented business processes. As of Jan 2022, Pega had 6,133 employees.
Pega RPA solution combines flexible delegation models and easy-to-use UI. In Oct 2022, the company released its low-code Robot Studio to help businesses build RPA bots quickly and easily. This solution provides RPA low-code authoring environment for Pega’s IA platform, making Pega an innovative UiPath alternative. [16]
12. Cyclone Robotics
Year founded: 2015
Headquarter: Shanghai, China
Cyclone Robotics is a Chinese RPA software and solution provider. It is China’s largest supplier of RPA software in terms of customer numbers and the scale of deployment.
In November 2021, Cyclone Robotics raised $150 million in a Series C funding round and is the first Chinese company to be in Gartner’s Magic Quadrant for RPA.
Cyclone RPA solution is powered by cutting-edge technologies, including AI and machine learning. In 2021, Cyclone Robotics expanded into Singapore as an entry point into Malaysia, Indonesia, the Philippines, Vietnam, Taiwan, and India.
Like UiPath, Cyclone Robotics is also investing in hyper automation and human-in-the-loop capabilities, making Cyclone Robotics the top UiPath competitor in China. [17]
13. Rocketbot
Year founded: 2017
Headquarter: Santiago, Chile
Rocketbot is an agile RPA platform that automates the process of building robots. In May 2021, Rocketbot raised $2.1 million in the Pre-Series A round. The company used the funds to expand to Brazil, the US, and Europe. [18]
Rocketbot is flexible and compatible with users’ environments. Its unique features include Rocketbot Studio with a drag-and-drop editor, Rocketbot Orquestador for orchestration, and Rocketbot Telescope to teach robots to read documents.
In 2020, Gartner ranked Rocketbot the second-best RPA platform globally for midsize companies. Rocketbot is a worthy UiPath alternative.
14. Microsoft Power Automate
Year founded: 2016
Headquarter: Redmond, Washington
Microsoft Power Automate is an iPaaS solution released in 2016 by Microsoft Corporation to automate recurring tasks. It was known as Microsoft Flow until Nov 2019. In 2022, the parent company employed over 180,000 people.
Microsoft Power Automate is part of the Microsoft Power Platform line of products. Users can build end-to-end business automation solutions using flows, drag-and-drop tools, and prebuilt connectors.
In Oct 2022, Microsoft rolled out AI Builder and new capabilities powered by OpenAI’s Codex. AI Builder allows users to create RPA solutions in Power Automate by describing what they want to automate. It supports 164 languages, including handwritten Japanese, making Microsoft the fiercest UiPath competitor. [19]
15. NICE Robotic Automation
Year founded: 1986
Headquarter: Hoboken, New Jersey
NICE offers AI-powered self-service and agent-assisted customer experience (CX) software. It powers CXone, the world’s leading cloud-native CX platform.
In 2022, NICE partnered with over 25,000 organizations in 150 countries to improve customer interactions.
NICE RPA combines NICE Employee Virtual Attendant (NEVA) with task-mining Automation Finder and a cloud-based development environment via Automation Studio.
In Dec 2021, the company introduced new AI-powered capabilities to help businesses maximize RPA benefits. NICE Robotic Automation is one of the top alternatives to UiPath. [20]
References & more information
making Pega an innovative UiPath alternativ
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