UiPath, airSlate Partnership: Robotic Process Automation for Small Businesses
Robotic process automation (RPA) software provider UiPath and airSlate, a workflow automation company, are partnering to help small businesses digitally transform their organizations through RPA.
AirSlate offers a number of solutions including electronic signature offerings and document management solutions. The company has over 900,000 customers and 100 million users around the globe.
The UiPath automation platform, meanwhile, has been adopted by more than 10,000 organizations, including many of the world’s largest corporations and government agencies. The company recently announced the appointment of Google Cloud and SAP veteran Robert Enslin to co-CEO — a title he shares with UiPath founder Daniel Dines.
The pair of companies say they hope to expand the range of options that small businesses have in order to become fully automated.
In some ways, the UiPath and airSlate partnership counters emerging RPA software providers in the SMB market. Examples include Rewst and ElectroNeek.
Indeed, Rewst hired ConnectWise and Perch Security veteran Wes Spencer as president in February 2022. Earlier, Rewst raised $3.5 million from Florida Funders in November 2021. Also, ElectroNeek in mid-29021 raised $20 million in Series A funding.
Elsewhere, Ingram Micro agreed to distribute UiPath’s RPA software worldwide, the two technology companies confirmed in May 2021.
Those milestones suggest automation software is catching on with MSPs.
Robotic Process Automation
There are over 32 million small businesses in the United States, representing 99% of all companies. The partners believe there is an opportunity to streamline operations by removing mundane work and complementing workers in small businesses with software robots.
This process is known as robotic process automation (RPA), a rapidly growing segment that is being spurred on by customer demand. In fact, the global RPA software market is expected to reach $13.74 billion by 2028, up from $1.57 billion in 2020. The market’s compound annual growth rate from 2021 to 2028 is expected to be 32.8%, Grand View Research predicts.
RPA software allows businesses to write code and bots that rapidly automate manual tasks across multiple departments — from IT service desks to HR, finance, customer support and more. The fast-growing market segment is generating strong M&A activity. An expansive RPA M&A list is available here.
Expanding The Enterprise IT Stack
The partnership of airSlate and UiPath is leaning into that offering as it aims to add a new layer of automation to the enterprise IT stack.
Dhruv Asher, senior VP for alliances and business development, UiPath, commented:
“Small businesses are the backbone of the global economy. airSlate’s impressive and efficient marketing model can rapidly attract global businesses worldwide. Through our collaboration, we will be able to enhance the automation potential for fast growing businesses, providing capabilities that can help smaller companies become large, more successful enterprises faster.”
Borya Shakhnovich, CEO, airSlate said:
“Now more than ever, we see huge demand from organizations of all sizes that need the agility and efficiency of the no-code airSlate platform to drive their business. This partnership with UiPath affirms the vision behind airSlate while exposing our solution to a broader enterprise market. The no-code revolution is only beginning, and partnerships like this will help power our team to innovate even more quickly, providing seamless business automation, and best-in-class functionality for our customers.”
Disclosure: ChannelE2E Editorial Director Joe Panettieri is a member of Florida Funders.