Including diverse perspectives during development is a great start to building inclusive and ethical AI. This is where neurodiverse individuals can play a transformative role ..read more

While today’s chief transformation officers (CTOs) are key drivers of organizational change, they face distinct obstacles that affect their ability to maximize revenue, achieve operational excellence, and secure high ROI. Why? A 2023 survey by Everest Group found that transformation leaders face three key challenges: identifying transformation opportunities, talent shortage, and a siloed approach. In this blog post, we will dive into those three challenges and the best ways for CTOs to overcome them. Challenge 1: identifying transformation opportunities According to the Everest Group, nearly h ..read more

Business runs on documents and communications. They underlie almost every process you can think of—anywhere a message (like an email or chat) or document is read or sent. It’s no surprise, then, that the market for intelligent document processing (IDP) is growing 28.9% each year and is expected to hit $17.8 billion by 2032. IDP typically blends numerous AI technologies, including natural language processing (NLP) and image recognition, to help enterprises rapidly process documents and communications at scale. As business leaders ponder how to use the latest AI tools to drive real value in thei ..read more

Businesses’ honeymoon with generative AI (GenAI) is over. The required infrastructure and models are all readily available, courtesy of the big cloud platform and service providers. The challenge now lies in bringing everything together. How can businesses orchestrate their many tools, integrations, and applications to finally deliver the promised value of GenAI?  In a previous blog, Graham Sheldon, our Chief Product Officer, shared the UiPath formula for GenAI success. Making an impact hinges on feeding your models the right context, using best-in-class models, and giving them the power ..read more

This is the first in a series of articles examining the work of UiPath Research, a growing team of AI scientists, researchers, and engineers expanding the AI capabilities of the UiPath Business Automation Platform™. As the leader of this team, my colleagues and I are excited to share our work and discoveries.  The objective of the UiPath Research team is to build the best AI models for the enterprise. Our focus is not just to develop production-ready AI models, but continuously improving and expanding their capabilities as well.  As the first in the series, this article will focus on ..read more

In a recent blog, I discussed why AI will be a transformational topic for chief supply chain officers. I focused on the opportunities to apply AI to address major challenges around risk management, sustainability, labor shortage, and communication processes. With this blog post, I am focusing on the question of whether AI will change supply chain organizations from a “waterfall (value chain) model” to a “business scrum (customer centric) model.” A waterfall model is characterized by its sequential nature and emphasizes upfront planning. A business scrum model is an iterative and flexible appro ..read more

SAP® customers are well-positioned to realize significant benefits through the combination of automation and AI—with a sky-high return on investment. If you think about AI as ‘the brain,’ you need a ‘body’ to make things happen. Enter automation. Connecting AI and automation lets you experience the potential of AI and quickly capture the full benefits on offer. In my last blog post, we talked about how AI-powered automation can radically shorten SAP S/4HANA migration projects. But where else can automation and AI have a transformative impact within an SAP environment? The short answer: everywh ..read more

From mRNA vaccines to cell-based gene therapies, the pharmaceutical industry has released innovative and effective products in the past few years. But these major innovations come with major challenges, and it’s taking a significant amount of time to get these products to market. In fact, the price to develop new therapies has nearly tripled since 2013 to more than $6 billion. “When we’re dealing with these new therapies, there’s a completely new ecosystem,” said Joe Miles, UiPath Industry Leader, Life Sciences. “It creates some real challenges in terms of managing data as it moves across the ..read more

The old adage “time is money” has taken on a new urgency. In a world moving at a blinding, AI-fueled digital speed, your company needs to pick up the pace—or risk losing the race altogether. That’s exactly why we chose ‘speed’ as the subject of our most recent quarterly webcast, UiPath <em>Live</em>: The Need for Speed. Joined by a panel of experts, Mary Tetlow, Chief Brand Officer at UiPath and Geoff Anderson, Senior Director of Product Marketing, took a quick dive into everything from why our brains hate to wait to the ways that industry leaders use automation and AI to avoid spe ..read more

The insurance industry is facing significant challenges, highlighted by a $26.9 billion net underwriting loss for United States (U.S.) non-life insurers in 2022, the largest since 2011. Increasing costs and consumer pressures, marked by a surge in pandemic-induced construction costs and escalating insurance premiums impacting young adults, pose significant challenges. Issues such as climate change, cybercrime, and outdated technologies push insurers to rethink their strategies. They need transformative solutions to stay competitive in a fast-paced market. In response, many insurers are turning ..read more