UiPath is positioned as a Leader among the 29 technology providers for its vision, capabilities, and market impact of its trusted, scalable, and open platform that is driving agentic automation
NEW YORK, April 16, 2025--(BUSINESS WIRE)--UiPath (NYSE: PATH), a leading enterprise automation and AI software company, today announced that it has been named a Leader in Intelligent Document Processing for the third consecutive year in the Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2025. Leaders are recognized for their innovation, and continued investments in intelligent document processing solutions—including developments in agentic AI, GenAI, and LLM-driven capabilities, all while prioritizing security and compliance.
UiPath is a Leader among the 29 technology providers assessed in the Everest Group IDP PEAK Matrix®, a report that analyzes AI technologies such as LLMs, computer vision, natural language processing (NLP), and machine/deep learning to classify and extract information from structured, semi-structured, and unstructured documents. UiPath is also positioned as a Leader in the analysis of 10 Banking and Financial Services (BFS) IDP products.
UiPath enables businesses to understand, optimize, and automate complex processes end-to-end, unlocking new levels of growth, efficiency, and innovation at lower cost and less risk. The UiPath Platform™ accelerates a shift toward a new era of automation—agentic automation—a progressive leap from RPA that combines AI agents, robots, people, and models to deliver AI transformation enterprise-wide for end-to-end processes and drives autonomy and faster decision-making. The combination of robots and agents extends the scope and impact of automation and enables humans to reach their full potential and revolutionize industries such as BFS.
"Most data generated in an enterprise is often unstructured and locked away in complex documents. This poses a challenge for enterprises and AI agents to perform autonomously. Enterprises need to leverage advanced intelligent document processing (IDP) capabilities that make the data easily accessible and actionable to address this challenge," said Mark Geene, SVP & General Manager of AI Products at UiPath. "As an established leader in the IDP market, UiPath is uniquely positioned to provide customers with solutions that help them gain business insights from any structured or unstructured documents. With the recently announced UiPath Intelligent Xtraction and Processing, or IXP – a multi-modal, generative model based, data classification and extraction experience – we are helping customers identify and extract the information they need from documents and communications, so they can automate more and unlock greater value from AI and automation. The ‘X’ in IXP not only represents extraction but also the growing number of diverse content and data types supported."
"UiPath maintains its position as a Leader in the Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2025 by achieving strong growth driven by innovation. Some of UiPath’s latest advancements include an expanding library of pre-built solutions for use cases across industries and process areas, Autopilot for UiPath Studio, a new prompt-driven capability for unstructured, and high-complexity documents, and ongoing investments in agentic automation," said Vaibhav Bansal, Vice President, Everest Group. "Clients have also expressed their satisfaction with the cognitive features of the platform including out-of-the-box (OOTB) generative AI capabilities, ability to integrate with multiple systems, and scalability of the platform."
There is an increased demand for specialized processing capabilities to tackle document-intensive processes in the BFS industry. UiPath has been named a Leader in the analysis of 10 BFS IDP products for the advanced capabilities it provides to enable BFS customers to extract, interpret, and process data from documents. UiPath customers, like one of the largest credit unions in the state of Florida, are leveraging UiPath IXP document understanding capabilities to automatically extract, interpret, and process data from loan packages, consolidating the information for easier review. This has reduced manual workloads, mitigated errors, and reduced fraud losses by approximately $800,000.
UiPath AI enhancements for IDP:
UiPath IXP (Intelligent Xtraction & Processing): is a multi-modal data classification and extraction experience that leverages GenAI and specialized models to unlock enterprise data and reduce time to production. It brings together existing and category-leading IDP capabilities (Document Understanding and Communications Mining) with a new, in private preview, prompt-driven capability for unstructured, and high-complexity documents called generative extraction for unstructured and complex documents.
UiPath DocPath and CommPath: specialized large language models (LLMs) that enable out-of-the-box processing of any document or message, with increased accuracy, speed, and scale. Both LLMs are now in general availability.
Active learning: allows for anyone to easily train their own models with active guidance from AI, no machine learning or coding skills are required.
Generative validation: uses GenAI to validate Document Understanding model outputs. It offers a "second opinion" on the data extracted from documents, reducing the workload of human annotators. This reduces the time spent on human validation, decreases average handling time, and boosts automation rates by up to 200%.
Industry-specific IDP offerings: provide tailored, pre-trained IDP models out-of-the-box for industries such as the public sector, healthcare, insurance, and financial services to accelerate end-to-end execution of document processing.
Unstructured Document Processing: GenAI opens the opportunity to extract data from complex documents such as contracts, lease agreements, legal briefs, and any type of long-form unstructured document.
The Everest Group Intelligent Document Processing Products PEAK Matrix® Assessment is a yearly assessment providing analysis and insights on IDP technology providers and their products to assist enterprises in their selection processes. The findings, which are based on an evaluation of providers’ impact on the market, overarching vision and product capabilities and support, are seen as benchmarks in standards and quality for the industry. As part of the evaluations, providers are classified into Leaders, Major Contenders, and Aspirants, based on key dimensions.
Register for a copy of the Everest Group Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2025 research report here.
Disclaimer Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.
About UiPath UiPath (NYSE: PATH) develops AI technology that mirrors human intelligence with ever-increasing sophistication, transforming how businesses operate, innovate, and compete. The UiPath Platform™ accelerates the shift toward a new era of agentic automation—one where agents, robots, people, and models integrate seamlessly to drive autonomy and smarter decision-making. With a focus on security, accuracy, and resiliency, UiPath is committed to shaping a world where AI enhances human potential and revolutionizes industries. For more information, visit www.uipath.com.
