UiPath Acquires Peak to Launch Vertically Specialized Agents within its Agentic Automation .........
UiPath , a leading enterprise
automation and AI software company, announced the acquisition of Peak, an
AI-native company based in Manchester, United Kingdom. The Peak AI platform
optimizes product inventory and pricing for businesses of all sizes and
across a wide range of industries, providing
customers with tangible outcomes quickly and without the need for large, in-house tech
teams.
“With the acquisition of Peak, we are accelerating our mission to
strengthen our vertical AI solutions strategy,” said Daniel Dines, Founder and
CEO of UiPath. “When combined with the UiPath platform, Peak’s exceptional
purpose-built AI applications will enhance our ability to provide solutions
that optimize industry-specific use cases and deliver incredible value to
customers.”
Peak enables customers to develop AI workflows, process data, and
provide predictions that are used to optimize critical business processes
through APIs or integrated web applications. It also provides a new breed of
AI-based decisioning applications that enable business users to make highly
complex decisions such as planning inventory and optimizing product
pricing decisions.
Now as part of UiPath, Peak’s solutions can scale globally and
reach new industries, allowing customers and stakeholders the opportunity for
continued growth and innovation. In turn, Peak’s focus on accelerating AI
adoption in sectors like retail and manufacturing will enable UiPath to
accelerate market growth and deliver vertical-oriented, next-generation
AI-driven agentic applications with intelligence powered by LLMs.
“Joining forces with UiPath is the perfect next step for Peak at
this stage of our journey, and I couldn’t be more excited. As automation and
agentic AI converge, we’re entering a new era of possibilities for the
enterprise,” said Richard Potter, CEO & Co-Founder of Peak. “UiPath’s
global reach, deep enterprise expertise, and unwavering commitment to AI
innovation will enable us to accelerate our vision—empowering businesses with
specialized decision-making AIs at scale. We are incredibly proud of what we’ve
built, and as part of UiPath, we look forward to delivering even greater value
to our customers while pushing the boundaries of what’s possible with AI in the
enterprise.”
Peak will further enhance the UiPath agentic automation platform.
For example, organizations must meet stringent requirements for complex
calculations in a variety of business processes. Businesses require accurate
analysis and predictions they can trust, and Peak’s solutions will form the
backbone of new Pricing and Inventory Agents for UiPath customers. Peak’s
broader Decision Intelligence capabilities will also factor into the
orchestration capabilities in the UiPath agentic automation platform, allowing
for autonomous processes based on contextual customer data.
Customers of both UiPath and Peak will now have the opportunity to
realize increased revenue and margin improvement with the combined
technologies. UiPath and Peak have already been able to provide such
opportunities for success through their existing partnership. For example,
UiPath and Peak transformed the quoting pricing process for Heidelberg
Materials, based in the United Kingdom and one of the world’s largest building
materials manufacturers. The solution uses automation to collate data from
hundreds of data points, leverages AI to determine an optimal quote for a given
customer, and informs sales professionals. With this automated end-to-end
process, Heidelberg Materials is experiencing much greater sales team
efficiency through faster quotation times and increased conversion rates.
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