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UiPath CEO Daniel Dines at TC Sessions: SaaS - TechCrunch

August 19, 2021
UiPath CEO Daniel Dines at TC Sessions: SaaS - TechCrunch

UiPath's Rapid Ascent and the Future of Automation

UiPath experienced remarkable growth in recent years, culminating in a successful initial public offering last year. This IPO generated over $527 million for the company.

Prior to going public, UiPath secured $2 billion in private funding, with its final private valuation reaching an impressive $35 billion.

Daniel Dines, CEO of UiPath, will participate in a panel discussion focusing on automation at TC Sessions: SaaS, scheduled for October 27th.

The Rise of Robotic Process Automation (RPA)

The company’s success is largely attributed to robotic process automation (RPA). This technology enables the automation of repetitive and routine tasks.

RPA has gained significant traction, particularly in automating processes within older, or legacy, systems that may not be compatible with more advanced automation techniques like artificial intelligence and machine learning.

In 2019, Gartner identified RPA as the fastest-growing segment within the enterprise software market.

From Consulting Firm to Software Leader

Despite its recent prominence, UiPath’s origins date back to 2005. It initially functioned as a consulting firm before evolving into a software company.

The company received its first venture capital investment – a $1.5 million seed round – in 2015, as documented by Crunchbase.

As the market for RPA expanded, UiPath’s growth accelerated, attracting substantial investment. This included a $568 million round in April 2019 and a further $750 million in February 2021.

Automation in a Changing Workplace

Dines will be a key participant in a panel exploring the evolving role of automation within businesses.

The shift to remote work during the pandemic underscored the necessity for increased automation, a trend expected to persist even as the pandemic subsides.

As the leading provider of RPA solutions, Dines is well-positioned to discuss the future trajectory of this software category and its potential integration with related advancements like no-code platforms and process mapping.

He will be joined on the panel by Laela Sturdy of CapitalG and Dave Wright from ServiceNow. Together, they will analyze the current state of the automation market, its driving forces, and emerging opportunities.

TC Sessions: SaaS – A Comprehensive Event

The conference agenda also features presentations from industry leaders including Ali Ghodsi of Databricks, Kathy Baxter of Salesforce, and Abby Kearns of Puppet.

Investors Casey Aylward and Sarah Guo will also contribute to the discussions.

We encourage you to join us for a day of insightful discussions and networking.

Secure your pass now to take advantage of savings up to $100. We look forward to welcoming you in October!

For companies interested in sponsorship or exhibition opportunities at TC Sessions: SaaS 2021, please fill out this form.

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