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Are Agentic Applications A Threat To All Workflow Apps?

Nov 21, 2024 - forbes.com
UiPath, a company specializing in robotic process automation (RPA), is shifting its focus towards agentic AI applications. The company's CEO, Daniel Dines, announced this new strategy at the recent UiPath Forward conference. The company believes that AI and agentic programming are an extension of their existing platform, and they aim to focus on enterprise-wide agents rather than personal or departmental ones. UiPath also announced new capabilities to extend its RPA platform, including Agent Builder, Connector Builder, and Autopilot for Everyone.

The company's approach is to use AI agents to augment their existing RPA technology, rather than replacing it. This strategy has been well-received by UiPath's user base, with many users considering how adding agents to their existing deployments could add value. However, for those not already using UiPath, the new functionality raises questions about the cost and work required to deploy a new platform solely for creating agents. Despite this, UiPath's vision is seen as offering both short-term business value and long-term process evolution.

Key takeaways:

  • UiPath, a company that focuses on robotic process automation (RPA), is shifting its focus towards agentic AI applications, which are gaining more attention for enterprise uses.
  • UiPath announced several new capabilities to extend its RPA Platform, including Agent Builder, Connector Builder, and Autopilot for Everyone, aiming to provide a more contextual and guided development experience.
  • UiPath believes that AI agents and RPA are complementary, not competitive. Both types of applications will remain necessary for businesses, especially for higher-scale processes.
  • UiPath's approach is to use something new (agents) to augment something that’s been working well for a long time (RPA), which has been well-received by its user base.
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