Could Generative AI Destroy UiPath’s Success Story?

April 7. 2024. 5 mins read

Better faster cheaper is the mantra of every organization that’s looking to increase shareholder value by either selling more stuff or spending less. While software produces data exhaust that can be used to optimize performance, humans are a bit trickier to optimize because, well, they’re human.

Initially, corporations turned to cheaper labor for efficiencies – John in Mumbai and Rosie in Manila. Then, they realized that the recipe-driven approach utilized by Mumbai back-office operations was a prime candidate for automation. Robotic Process Automation (RPA) was born, and now digital agents are cannibalizing back offices while chatbots are eyeing Rosie in Manila’s job. As a result, everything is becoming better, faster, and cheaper. Then came generative AI.

UiPath, RPA, and Generative AI

We don’t just pay compliments to our paying subscribers because they give us money. These people are not only extremely good looking, but they also ask some great questions. For example, many have asked if generative AI makes RPA solutions obsolete. The impetus behind those questions is our investment in one of the leading RPA firms out there – UiPath (PATH), which recently reported year-end earnings and talked about some generative AI functionality in the pipeline.

Infographic showing UiPath's generative AI functionality in the pipeline
Expected to be in private preview in 1H FY2025 – Credit: UiPath

For those of you who also believe accountants using fiscal years should be shot dead on sight, we’ll translate the t

Become a premium member and get access to hundreds of premium articles, reports and additional content.

Nanalyze Premium is your comprehensive guide to investing in disruptive technologies. Read by the top investment banks, management consultancies, VCs, and research houses. Trusted by over 100,000 institutional and retail investors. Covering disruptive technologies for over 18 years.