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PATH's 21% Rise in Million-Dollar Customers is the Number to Watch

Zacks Investment Research·
PATH's 21% Rise in Million-Dollar Customers is the Number to Watch

UiPath's million-dollar customer base grew 21% to 387 customers, significantly outpacing the 10% growth in its broader $100,000+ ARR customer segment. This indicates deeper enterprise penetration and stronger adoption of automation solutions. However, UiPath faces intensifying competition from Pegasystems and ServiceNow as enterprise demand for AI and workflow automation expands.

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