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Showing posts from September, 2021

UiPath: The Journey Towards Full Automation

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There is perhaps no better company to which the adage "fake it till you make it" applies. This notion of consistently showing up until the sheer act of repetition eventually morphs from mock-up to authentic good describes this corporation’s ascent like no other. UiPath (PATH) took on many denominations and ambitions since its founding in 2005. Like a pubescent child struggling to come to terms with its identity, there were a plethora of iterations, including some literally existential ones, that came before its final form. As DeskOver, the company operated as a consulting firm that mainly focused on building software development kits (SDKs) for larger behemoths to speed up their app development process. Opportunity often resides beyond the edge of our comfort zone, and in 2013 DeskOver stumbled upon an insight that would become the very core of what UiPath is today. An Indian Business Processing Outsourcing (BPO) company was seeking to automate certain workflow tasks for its

What is Application Security Testing and How Does it Affect Software?

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In a nutshell, application security (AppSec) testing is the process of ensuring software is built to be as resistant as possible to outside threats. When applications are secured through effective testing methods, weaknesses and vulnerabilities in the source code and third-party components can be easily identified, managed and actioned before the software is deployed. AppSec testing began as a manual process, but due to the growing need for more software, a large number of open source components, and the rapidly evolving threat landscape, it has often become an automated one. While some organizations continue to deploy manual processes to test for software flaws and vulnerabilities, most quickly determine this route will not scale. As a result, they are turning to automation to gain more consistent and effective forms of testing. Although it’s true most organizations today don’t have an effective AppSec program in place, the ones who do typically rely on a combination of different AppS

UiPath: Fairly Valued But Competition Is Increasing

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UiPath (PATH) is in the process of building an end-to-end automation platform, which positions them for further success in the Robotic Process Automation (RPA) market. The company's financial performance has been robust in recent years and despite the extremely high revenue multiple of the stock, UiPath's share price is probably justified, provided they can maintain their market leadership. UiPath UiPath provides RPA software that aims to unburden employees from repetitive tasks and enable the fully automated enterprise. UiPath was founded in 2005 in Romania and was initially focused on building automation scripts and developing computer vision technology, both of which remain the foundations of the company to this day. UiPath's software lowers the barriers to adoption for automation solutions, allowing customers to build, manage and measure automations across their organization. Much of this functionality is provided by Artificial Intelligence (AI) based computer vision,

15 Innovative AI Companies Driving Exponential Shifts In Their Respective Sectors

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Artificial intelligence (AI) is not new, but it is revolutionizing the world. Paired with emerging technologies, the applications for AI currently appear to be endless. From accelerating the pace of life saving drugs to streamline operations for cost-savings and revenue amplification, AI platforms are omnipresent, and their impact is inescapable. IBM terms it the “innovation equation,” and explains that AI became the world’s fastest-growing tech tool for one reason: necessity. The digital age ushered in previously unthinkable quantities of data. Since almost every system in the world relies on, uses, or generates data, something faster than the human mind was needed to organize it.  Enter AI. Now, you would be hard-pressed to find a company or platform that doesn’t use AI in some way. AI-built, AI-fueled, AI-powered, AI-informed: it is pervasive. In the hands of innovators, the disruption of AI of companies worldwide trends in a positive direction, and has the potential to change the