NEW YORK / Jun 11, 2024 / Business Wire / UiPath (NYSE: PATH), a leading enterprise automation and AI software company, today published its annual Global Knowledge Worker Survey that uncovers how employees are using generative AI (GenAI), the shortcomings and risks of the technology, and the opportunity for combining GenAI with business automation.
The report—which is based on a survey of more than 9,000 workers from around the world—revealed that employees who use GenAI tools are saving more time in their workdays. However, those using both GenAI and business automation together achieve substantially more significant benefits.
While GenAI promises to revolutionize operations across industries, there is a lack of enterprise direction and training on the technology, leading to mistrust across global workforces. Currently, less than half (45%) of workers have been offered training or guidelines on how to use GenAI. Similarly, only 44% of employees think that GenAI has the context needed from their business’s data to support processes and drive value—though this number increases to 85% when employees use GenAI and business automation together.
Other key findings from this year’s report:
“GenAI tools are presenting an incredible opportunity for organizations to increase productivity and efficiencies, but employees must be provided with the proper training and upskilling opportunities to harness the full power of this technology,” said Brigette McInnis-Day, Chief People Officer at UiPath. “The technology must also be trusted and actionable—which is where business automation platforms serve as a critical foundation. The combination of these two technologies is a key differentiator for companies to maximize business value from GenAI and other AI models while empowering employees.”
The UiPath survey also uncovered that employees are feeling more burnout than ever before, with almost a third (32%) of respondents feeling extremely or very burnt out—compared to 29% of employees last year. GenAI presents an opportunity to alleviate the burdensome tasks that contribute to this issue; however, GenAI deployments will only be successful if workers are trained.
To view the full findings of the report, download the complete 2024 UiPath Global Knowledge Worker Survey here.
Methodology
In partnership with Researchscape, UiPath conducted this research via an online survey that was fielded in March–April 2024. There were 9,047 respondents to the survey from nine countries: the United States, Australia, Japan, Singapore, Korea, Hong Kong, France, Germany, and the United Kingdom.
About UiPath
UiPath (NYSE: PATH) is on a mission to uplevel knowledge work so more people can work more creatively, collaboratively, and strategically. The AI-powered UiPath Business Automation Platform combines the leading robotic process automation (RPA) solution with a full suite of capabilities to understand, automate, and operate end-to-end processes, offering unprecedented time-to-value. For organizations that need to evolve to survive and thrive through increasingly changing times, UiPath is The Foundation of Innovation™.
Last Trade: | US$14.50 |
Daily Change: | 0.25 1.76 |
Daily Volume: | 6,320,522 |
Market Cap: | US$6.780B |
October 23, 2024 October 22, 2024 October 15, 2024 September 05, 2024 September 05, 2024 |
Surf Air Mobility is a regional air mobility platform expanding the category of regional air travel to reinvent flying through the power of electrification. In an effort to substantially reduce the cost and environmental impact of...
CLICK TO LEARN MOREGreenPower Motor designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis...
CLICK TO LEARN MORECOPYRIGHT ©2022 GREEN STOCK NEWS