Param Kahlon, UiPath & Akbar Thobani, PepsiCo | UiPath Forward 5
>>The Cube Presents UI Path Forward five. Brought to you by UI Path. >>Hi everybody. We're back. David Ante with David Nicholson. This is UiPath Forward five from Las Vegas. We're live, you know, the customers here, they're automating all the time, sucking work and the cube. We're sucking all the information out of the experts and the customers. A bar Toban is here. He's the global business, Shared services, leading automation and AI at PepsiCo. And Para Colan is back is the chief, He's the chief product officer, UiPath longtime Cube alum. Great to see you guys. Thanks for coming on. Great to see us all day. So you guys keynote today, you know, excited to have PepsiCo on. I'm not sure I've ever interviewed PepsiCo in the Cube, but tell us about your role there. >>Absolutely. So I'm part of a PepsiCo global business shared services team. I lead automation and AI capabilities. GBS has, you know, we started GBS portfolio back about three and a half years ago, and we have a six hubs across PepsiCo. And as, as a part of my role, we deliver transformational capability across the PepsiCo. >>When did it all start? >>About three and a half years ago, 2019. So >>Prior to the pandemic. Yeah. You know, versus the pandemic was a catalyst for this. Yeah. But it was at the catalyst, but maybe it sped it up a bit. Yeah. >>PepsiCo journey started with, if, if you look at the PepsiCo, you know, the automation journey, it started back in 2017, but the GBS portfolio took shape back in 2019. So prior to that, you know, PepsiCo was definitely, you know, working on lot of, you know, the automation capabilities and automation product across, you know, PepsiCo. But with the introduction of PepsiCo global business shared services team, we are, you know, centralizing a lot of transformation capability, you know, across the functions that, that we support within the >>PepsiCo and, and UI path. Was going to part of that journey all along? Or was there sort of other activities beforehand or how >>No, no, absolutely. Starting from 2017, if I, you know, remembered, you know, with the vision of our, you know, some of our senior leadership team and recognizing the value of, you know, automation in the core, you know, capability as a transformation at that time, you know, we started with just like anybody else, right? We started with, you know, proof of concept, showed some, you know, early wins and the value back to the business, start setting up some, you know, business processes and capabilities, stood up the platform, build a complete, you know, ecosystem around that, you know, platform and partnership with, you know, UI bot team. And you know, from there, here we are five years. I mean, it's, it's a, it's a, it's a, it's a very critical component to our digital transformation capability and, and yes, leverage across >>Let's talk platform. So you, you guys have made some announcements this week. You talk about the business automation platform. I remember our first forward was, you know, RPA tool. Okay. Yeah. And then you guys made acquisitions. I was there for that. So the process process cold and then people started to really expand it and it's really come in amazingly long way in a short time. So what did you guys announce today? What'd you talk about on stage 20, 22, 10? Tell us more about it. >>Absolutely, Dave. So you've seen the journey, you've been with us since the early days. You know, we were in 2017 and RPA tool that could automate a representative task that happened over and over again in the environment. And then three years ago you were here when we announced the automation platform, we said, it's not just about a task, it's about involving humans in bots to manage end to end processes. It's about discovering what automation opportunities exist. It's about using ai. Pepsi Co was actually the pioneer of using AI along with automation. You know, we were in stage together with them in, in 2019. And where we are now is we're essentially seeing people want to take the next step with automation. They're saying that it's no longer just an automation tool, It's the way we operate. It's the way we innovate in the organization. So they're really making sure that it becomes a part of their digital transformation journey that they're on. >>And they're saying that we can do the digital transformation by consolidating multiple DRP systems and CRM systems. And that'll take us seven years to do, or we can go with UI path and we can leverage the core that we can leverage the GL system that exists today. We can leverage inventory tracking system that exists today and start to build processes on top of that that can adapt to what customers are trying to do in this digital age. And that's where, you know, we've made announcements today is, is really pivot the platform to be a business automation platform. And there's sort of three layers, you know, unique but you know, connected layers of the platform. The first one is discover. And Discover is all about finding your processes, identifying the opportunities, making sure that you are managing the return on investment. What is the process? You know, how are you getting ROI on it? >>The second one is automated, and that is really where we're applying semantic automation to identify the digital building blocks of an enterprise, which is your data, your document, your screens and communication. Like putting all of that together and saying you can automate our processes, leveraging a lot of intelligence that exist in how business processes are done. And the last one is operate, which is if you're trying to execute a business process at scale, you're processing not just, you know, a task thousand times, but you are fulfilling millions of transactions. You're, you know, you're looking at trillions of records to identify what processes you need. A scalable enterprise platform that's able to ingest a lot of data, report on metrics, reporting efficiency. So that's what we've announced today is an automation platform that companies can use to put at the center of the digital transformation >>Journey. So I about the interesting thing about PepsiCo, you guys started in 2017. Yeah. So kind of early, early on. Yeah. Yeah. And you kind of been there with the progression platform. So my question to you is end up, it was, you know, we've seen the e from primarily on-prem, now it's cloud first. Yeah. How disruptive or non disruptive was that for you? Did you have to rip and replace? Did you have to sort of retool or migrate? What was that like? >>No, I mean, significant disruption, right? I mean, I mean, as, as we started our journey back in 2017, just like, you know, PRM mentioned, right? With simple rule based, you know, the automation from then now to our journey where our continue to, you know, infuse, you know, AI capability, document understanding, conversation ai, right? As a part of our end to end portfolio. At the same time, I think the cloud is providing a fantastic opportunity for us to continue to scale, right? You know, scale at, at a large. So that I think is a fantastic, you know, fantastic platform and fantastic, you know, the opportunity that we are looking forward >>To know. So how do you affect adoption inside of the organization? Can you talk about that? What's working? What's, >>It's always value driven as you know, right? I mean, the business business has to see the value. It it, it was, I mean, I would, you know, admit it was not as easy as before, but as the mindsets have started to shift, right? As the people have started to realize the value that, you know, the automation brings to, you know, the, I mean, you know, not just the, the value for the business, but actually transforming the entire portfolio, right? And, and people have started to see now that not every automation project is going to be transformation product, but for every transformation project you will find the automation at the heart and the core of it. So I, I, I think that's what has started to shift the mindset of, of uniforms. >>So how do you know when you have end to end? What are you wake up one day and say, Wow, we've achieved it. You know, is it pieces that come together? Yeah. What do you say? >>Yeah, You know, we wanna look at customers from, you know, from an end to end perspective. It's not just about piecemealing mealing finding a problem, solving it, really what does it deliver from, from an end to end perspective. Did you actually, you know, because a lot of times companies will say, we wanna automate X number of processes, and, and they do that and they're like, Well, we've automated a lot of processes. We're not sure what value we're getting out of it. It's the ability to measure like, what impact is this automation having on your business from an operational metric, but from a business metric as built. But then going back and saying, Well, where is the biggest pain point? Where do we have the largest value that we can give to the business back? So one of the things we actually announced today is the ability to take at an look at an idea and look at what was the estimated benefits of that idea, and then map it all the way through execution to say, what are we getting? >>We estimated we were gonna save a million dollars by doing those automation, or what have we achieved till now? Have we achieved a million dollars? Have we achieved half a million dollars by having achieved? That's true. That never happens. That, and, and, and, and it's hard to do that, like the data existed, but it's really hard for people to pull that data out. So we build out the box dashboards that give you the ROI bag, and that's why it's really important to, to make sure that, you know, you look at it not just as a technology project, but more as a investment from a business side. And so you can making a business more efficient. Yeah, >>That's, I just, I know you were jumping in, but that's super important. Cause you know, you run a lot of projects. Yeah, absolutely. And each of those projects has zone roi, then you jam it into the application portfolio. Exactly. And then everybody sort of forgets about it. You can't really track what impact it had because there's always, you know, some things that are benefit, some things are sometimes a negative. And so it's that holistic picture that you >>Trying to achieve, extremely critical point, what you hit on, right? From it's measuring the benefit and measuring the continuous benefit across, and not just from start and end, Okay, what I promised I delivered or not, but, but you have to have this continuous mindset. And so I think Yeah, definitely that that's a very, very critical to our finance team and our cfo, >>They organic mechanisms. It's constantly >>Evidence. Absolutely. Yeah. So abar, yeah. Global business shared services. Yeah. When you think of PepsiCo, yeah, of course people immediately think of Sure, Pepsi. But PepsiCo is a multi tentacled absolutely beast of a company. Absolutely. In a good way. Yeah. For organizations that are in that same category, holding companies, companies that have all sorts of different entities that are working together under one umbrella, how shareable is this idea of automation and business automation process moving forward? How, how shareable is that on the share oter? Yeah. Yeah. As far as, as far as, as far as you're concerned, are you, are you talking to some people where you're saying, Hey, I'm here, I'm here from GBS and I'm here to help, and they look at you like you're crazy because you don't understand their business? Or is this something that relatively easily applies across businesses >>That No, to your point, I mean, very valid point, right? I mean, it's, that's, that's the gbs, global business shared services mindset, right? As you move the functional areas into the Pepsi, into the Pepsi, gbs, like hr, procurement, commercial sales, supply chain, right? That's where you wanna start to find those, you know, the optimization, you know, opportunity. You wanna start to ize your processes, and that's where you will, you know, as you transition this processes within the gbs, that's what create those, you know, opportunities for you. So >>What, >>What about automation opportunities? Not in the sh I know you're in the shared arena. Yeah, yeah. But each of those business units has processes that could probably be optimized and automated. Sure. Is that something that's under your purview? We've heard, we've heard a lot about citizen developers. Yeah. I don't know if that, if that >>Applies to No, that definitely. I mean, you cannot just have focus on end to end, you know, automation. I mean, that's, that's a huge portfolio for gps at the same time supporting, you know, automation through the citizen development capability. That that's where, once again, you know, you have not provided a lot of capability and solution tools that we use, right? To continue to empower the folks who are part of our, you know, GBS team inside or outside gbs, right? It, it, it's, I think it's very, very critical. It, it, it helps people transform their career even in one ways, right? And, and, and, and you have that muscle, you have that resource, and you have the power. You definitely want to utilize that. >>So let's talk about metrics for a minute. So more data, the better. Usually I like data. Yeah. But, but if you're trying to optimize for 15 metrics, I feel like you're not gonna optimize on any, So how do you deal with that from both, as par was saying, an operational standpoint and a business standpoint? What are the things about how do you sort of get the, the teams focused on the right things? >>B business, functional leadership team drive those alignment for us as a part of a global business, shared services, we, we are hip to have connected with our business, you know, functions, right? They, they have to help us prioritize those. And to your point, I mean, yeah, you cannot attack 15 metrics at once. You have to prioritize, you have to make sure that you bring the focus to the product, you know, project, right? So, so definitely, I mean, it's, it's, it's not often 15 metrics, but top three metrics, let's, let's focus, let's zoom in and ensure we are driving it. But, >>And if you think about the system, I mean, at the end of the day, the p and l manager, he or she cares about ebit, let's say. Sure, okay. But there are so many factors, you know, in that complicated organization that are gonna affect ebitda and they're gonna be different. But somebody's gotta figure out, okay, how do they fit together in a system? And can, can UiPath help me understand that, those relationships and those dependencies? >>Absolutely. I mean, I think there's a, there's an aspect of human relationships and, and making sure that you get the right level of sponsorship from the business and, and there's a business stakeholder and, and looking at every investment and, and outcomes that you're driving based on that. But, but that is something that we, from a tools perspective, we're trying to make sure that you can measure the value throughout the entire value chain. But then getting the business sponsorship, like where we've seen automation scale is always because there's a business sponsor that's essentially saying, Here's what I'm trying to achieve and here's the, here's my goal, here's a North star and go get it and let me know how you're tracking against it. And, and our job is to make sure that we can provide the visibility, the people that are operating the, the programs to make sure they get that level of visibility. >>What's the scope of automations in your, you know, organization? Is it dozens, hundreds, >>Huge. >>That is thousands. >>We are getting there. Okay. No, definitely. I mean, we have definitely, you know, realized that it's, it's a core component to our digital transformation, right? So, so there is no, there's no stopping on it. There, there, there, there's plenty of support from top down and you know, it's a fantastic time to be at PepsiCo. Right? Especially at the PepsiCo gbs. Right, >>Right. Thanks for sharing your story. Congratulations on all the progress you guys have made. It's actually quite remarkable to see where you guys have come from. So I really appreciate it. Thank you, Dave. Thanks. Thank you Dave. Okay. Thank you for watching. This is Dave Ante for Dave Nicholson. We are right middle of day two at forward five from Las Vegas. We're live, we're right back.
SUMMARY :
Brought to you by We're live, you know, the customers here, they're automating all the time, you know, we started GBS portfolio back about three and a half years ago, So Prior to the pandemic. So prior to that, you know, Was going to part of that journey all along? you know, automation in the core, you know, capability as a transformation at you know, RPA tool. you were here when we announced the automation platform, we said, And there's sort of three layers, you know, You're, you know, you're looking at trillions of records to identify what processes you need. So my question to you is end up, it was, you know, we've seen the e from primarily So that I think is a fantastic, you know, So how do you affect adoption inside of the organization? the value that, you know, the automation brings to, you know, the, I mean, So how do you know when you have end to end? Yeah, You know, we wanna look at customers from, you know, and that's why it's really important to, to make sure that, you know, you look at it not just as a technology project, Cause you know, you run a lot of projects. Trying to achieve, extremely critical point, what you hit on, right? It's constantly Hey, I'm here, I'm here from GBS and I'm here to help, and they look at you like you're crazy because you know, as you transition this processes within the gbs, that's what create Not in the sh I know you're in the shared arena. once again, you know, you have not provided a lot of capability and solution tools that we use, What are the things about how do you sort of get the, the teams focused on the right things? you know, functions, right? But there are so many factors, you know, in that complicated organization that are gonna and making sure that you get the right level of sponsorship from the business and, and there's a business stakeholder you know, realized that it's, it's a core component to our digital transformation, to see where you guys have come from.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
David Nicholson | PERSON | 0.99+ |
PepsiCo | ORGANIZATION | 0.99+ |
Pepsi | ORGANIZATION | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
2017 | DATE | 0.99+ |
Dave | PERSON | 0.99+ |
2019 | DATE | 0.99+ |
GBS | ORGANIZATION | 0.99+ |
seven years | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
five years | QUANTITY | 0.99+ |
15 metrics | QUANTITY | 0.99+ |
Pepsi Co | ORGANIZATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Para Colan | PERSON | 0.99+ |
dozens | QUANTITY | 0.99+ |
thousands | QUANTITY | 0.99+ |
David Ante | PERSON | 0.99+ |
six hubs | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
each | QUANTITY | 0.99+ |
first one | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
three years ago | DATE | 0.99+ |
Toban | PERSON | 0.99+ |
Dave Ante | PERSON | 0.98+ |
half a million dollars | QUANTITY | 0.98+ |
Param Kahlon | PERSON | 0.98+ |
this week | DATE | 0.98+ |
millions | QUANTITY | 0.98+ |
second one | QUANTITY | 0.97+ |
pandemic | EVENT | 0.97+ |
one | QUANTITY | 0.96+ |
About three and a half years ago | DATE | 0.95+ |
Akbar Thobani | PERSON | 0.95+ |
a million dollars | QUANTITY | 0.93+ |
one ways | QUANTITY | 0.93+ |
hundreds | QUANTITY | 0.92+ |
about three and a half years ago | DATE | 0.92+ |
thousand times | QUANTITY | 0.92+ |
22 | OTHER | 0.92+ |
three | QUANTITY | 0.91+ |
trillions of records | QUANTITY | 0.91+ |
UI Path Forward five | TITLE | 0.88+ |
one day | QUANTITY | 0.87+ |
first forward | QUANTITY | 0.87+ |
three layers | QUANTITY | 0.87+ |
5 | QUANTITY | 0.86+ |
a minute | QUANTITY | 0.86+ |
gbs | ORGANIZATION | 0.82+ |
RPA tool | TITLE | 0.8+ |
million dollars | QUANTITY | 0.78+ |
Path | TITLE | 0.77+ |
day two | QUANTITY | 0.77+ |
Cube | ORGANIZATION | 0.75+ |
David Cardenas, County of Los Angeles Department of Public Health | UiPath Forward 5
(upbeat music) >> TheCUBE presents UiPath Forward 5. Brought to you by UiPath. >> Hello and welcome back to TheCUBE's coverage of UiPath Forward 5. We're here in Las Vegas at the Venetian Convention Center. This is day two. We're wrapping up Dave Nicholson and Dave Vellante. This is the fourth time theCUBE has been at UiPath Forward. And we've seen the transformation of the company from, essentially, what was a really interesting and easy to adopt point product to now one through acquisitions, IPO, has made a number of enhancements to its platform. David Cardenas is here. Deputy Director of Operations for County of Los Angeles, the Department of Public Health. David, good to see you. Thanks for coming on theCUBE. >> Thanks for having me on guys. Appreciate it. >> So what is your role? What does it have to do with automation? >> So I had been, actually started off in the IT space within the public health. Had served as a CIO previously, but now been moving into broader operations. And I basically manage all of the back office operations for the department, HR, IT, finance, all that. >> So you've had a wild ride in the last couple of years. >> Yeah, I think, like I've been talking earlier, it's just been, the last two years have just been horrendous. It's been a really difficult experience for us. >> Yeah, and I mean, the scars are there, and maybe permanently. But it also had major effects on organizations, on operations that, again, seem to be permanent. How would you describe the situation in your organization? >> So I think it, the urgency that came along with the pandemic response, kind of required us to look at things, you know, differently. We had to be, realize we had to be a lot more nimble than when we were and try to figure out how to enhance our operations. But really look at the core of what we're doing and figure out how it is to be more efficient. So I think we've kind of seen it as an opportunity to really examine ourselves a little bit more deeply and see what things we need to do to kind of, to fix our operations and get things on a better path. >> You know, I think a lot of organizations we talked to say that. But I want to understand how you handle this is, you didn't have time to sit back in the middle of the pandemic. >> Yeah. >> And then as you exit, what I call the isolation economy, people are so burned out, you know? So how do you deal with that organizational trauma? Say, okay now, let's sit back and think about this. Do people, are they eager to do so? Do they have the appetite for it? What's that dynamic like? >> So I think certainly there's a level of exhaustion inside the organization. I can't say that there isn't because it's just been, you know, two years of 24/7/365 kind of work. And that's tough on any organization. But I think what we realize is that there's, you know, we need to move into action quickly 'cause we don't know what's going to come next, right? And we're expecting that this is just a sign of what's to come and that we're just at the start of that stage of, we're just going to see a lot more outbreaks, we're going to see a lot more conditions kind of hitting us. And if we're not prepared for that, we're not going to be able to respond for the, and preserve the health and safety of our citizens, right? So I think we're taking a very active, like, look at these opportunities and see what we've done and say how do we now make the changes that we made in response to the pandemic permanent so that the next time this comes at us, we won't have to be struggling the way that we were to try to figure things out because we'll have such a better foundation in place to be able to move things forward. >> I mean, I've never served in the military, but I imagine that when you're in the military, you're always prepared for some kind of, you know, in your world, code red, right? >> Yeah. >> So it's like this code red culture. And that seems to have carried through, right? People are, you know, constantly aware that, wow. We got caught off guard and we don't want that to happen again. Because that was a big part of the trauma was just the unknown- >> Right. >> and the lack of preparedness. So thinking about technology and its role in helping you to prepare for that type of uncertainty. Can you describe how you're applying technology to prepare for the next unknown? >> So I think, so that first part of what you said, I think the difficulty we've always had in the public health side is that there's the, generally the approach to healthcare is very reactionary, right? Your first interface with the healthcare system is, "I'm going to go see my doctor; I'm going to go to the hospital." The work that we do in public health is to try to do everything we can to keep you out of that, right? So it's broad-based messaging, social media now is going to put us out there. But also, to be able to surveil disease in a different way. And so the holy grail for us in healthcare has always been, at least on the public health side, has been to try to see how can we tap in more actively that when you go see the doctor or when you go to the hospital, how can I get access to that information very, very quickly so that I know, and can see, and surveil my entire county in my jurisdiction and know, oh, there's an outbreak of disease happening in this section of the county. We're 10 million people with, you know, hundreds of square miles inside of LA. There are places where we can see very, you know, specific targets that we know we have to hit. But the data's a little stale and we find out several months after. We need to figure out a way to do that more actively. Technology's going to be our path to be able to capture that information more actively and come up on something a little bit, so we can track things faster and be able to respond more quickly. So that's our focus for all our technology implementations, automation like UiPath has offered us and other things, is around how to gather that information more quickly and put that into action so we can do quick interventions. >> People have notoriously short memories. Please tell me (chuckles) any of the friction that you may have experienced in years past before the pandemic. That those friction points where people are thinking, "Eh, what are the odds?" >> Yeah. "Eh, I've got finite budget, I think I'm going to spend it on this thing over here." Do you, are you able to still ride sort of the wave of mind share at this point when putting programs together for the future? >> So whatever friction was there during the pandemic wiped away. I mean, we had amazing collaboration with the medical provider community, our hospital partners. The healthcare system in LA was working very closely with us to make sure that we were responding. And there is that wave that we are trying to make sure that we use this as an opportunity to kind of ride it so that we can implement all the things that we want. 'Cause we don't know how long that's going to last us. The last time that I saw anything this large was after the anthrax attacks and the bioterrorism attacks that we had after 9/11. >> How interesting. >> Public health was really in lens at that point. And we had a huge infusion of funding, a lot of support from stakeholders, both politically and within the healthcare system. And we were able to make some large steps in movement at that point. This feels the same but in a larger scale because now it touched every part of the infrastructure. And we saw how society really had to react to what was going on in a different way than anyone has ever prepared for. And so now is we think is a time where we know that people are making more investments. And our success is going to be their success in the longterm. >> And you have to know that expectations are now set- >> Extremely high. >> at a completely different level, right? >> Yes, absolutely. >> There is no, "Oh, we don't have enough PPE." >> Correct. >> Right? >> David: Correct. >> The the expectation level is, hey, you should have learned from all of- >> We should have it; we can deliver it, We'll have it at the ready when we need to provide it. Yes, absolutely. >> Okay, so I sort of mentioned, we're, David cubed on theCUBE (all laughing). So three Daves. You spoke today at the conference? >> Actually I'm speaking later actually in the session in an hour or so. >> Oh Okay. My understanding is that you've got this concept of putting humans at the center of the automation. What does that mean? Why is that important? Help us understand that. >> So I think what we found in the crisis is that the high demand for information was something we hadn't seen before, right? We're one of the largest media markets in the United States. And what we really had trouble with is trying to figure out how to serve the residents, to provide them the information that we needed to provide to them. And so what we had traditionally done is press releases, you know, just general marketing campaigns, billboards, trying to send our message out. And when you're talking about a pandemic where on a daily basis, hour-by-hour people wanted to know what was going on in their local communities. Like, we had to change the way that we focused on. So we started thinking about, what is the information that the residents of our county need? And how can we set up an infrastructure to sustain the feeding of that? Because if we can provide more information, people will make their own personal decisions around their personal risk, their personal safety measures they need to take, and do so more actively. More so than, you know, one of us going on camera to say, "This is what you should do." They can look for themselves and look at the data that's in front of them and be able to make those choices for themselves, right? And so we needed to make sure that everything that we were doing wasn't built around feeding it to our political stakeholders, which are important stakeholders. We needed to make sure that they're aware and are messaging out, and our leadership are aware. But it's what could we give the public to be able to make them have access to information that we were collecting on an every single day basis to be able to make the decisions for their lives. And so the automation was key to that. We were at the beginning of the pandemic just had tons and tons of resources that we were throwing at the problem that was, our systems were slow, we didn't have good ability to move data back and forth between our systems, and we needed a stop-gap solution to really fill that need and be able to make the data cycles to meet the data cycles. We had basically every day had to deliver reports and analytics and dashboards by like 10 o'clock in the morning because we knew that the 12 an hour and the five-hour news cycles were going to hit and the press were going to then take those and message out. And the public started to kind of come in at that same time and look at 10 and 11 o'clock and 12 o'clock. >> Yeah. >> We could see it from how many hits were hitting our website, looking for that information. So when we failed and had a cycle where that data cycle didn't work and we couldn't deliver, the public would let us know, the press would let us know, the stakeholders would let us know. We had never experienced anything like that before, right. Where people had like this voracious appetite for the information. So we needed to have a very bulletproof process to make sure that every single 24 hours we were delivering that data, making it available at the ready. >> Software robots enabled that. >> Exactly. >> Okay. And so how were you able to implement that so quickly within such a traumatic environment? >> So I think, I guess necessity is always the mother of invention. It kind of drove us to go real quickly to look at what we had. We had data entry operations set up where we had dozens and dozens of people whose sole job in life on a 24-hour cycle was to receive medical reports that we we're getting, interview data that's coming from our case interviews, hospitalization data that was coming in through all these different channels. And it was all coming in in various forms. And they were entering that into our systems of record. And that's what we were using, extracts from that system of record, what was using to generate the data analyses in our systems and our dashboards. And so we couldn't rely on those after a while because the data was coming in at such high volume. There wasn't enough data entry staff to be able to fit the need, right? And so we needed to replace those humans and take them out of that data entry cycle, pop in the bots. And so what we started to look at is, let's pick off the, where it is that that data entry cycle starts and see what we could do to kind of replace that cycle. And we started off with a very discreet workload that was focused on some of our case interview data that was being turned into PDFs that somebody was using to enter into our systems. And we said, "Well before you do that," since we can't import into the systems 'cause it wasn't working, the import utilities weren't working. We got 'em into simple Excel spreadsheets, mapped those to the fields in our systems and let the bots do that over and over again. And we just started off with that one-use case and just tuned it and went cycle after cycle. The bots just got better and better to the point where we had almost like 95% success rates on each submission of data transactions that we did every day. >> Okay, and you applied that automation, I don't know, how many bots was it roughly? >> We're now at like 30; we started with about five. >> Okay, oh, interesting. So you started with five and you applied 'em to this specific use case to handle the velocity and volume of data- >> Correct. >> that was coming in. But that's obviously dynamic and it's changed. >> Absolutely. >> I presume it's shifted to other areas now. So how did you take what you learned there and then apply it to other use cases in other parts of the organization? >> So, fortunately for us, the process that was being used to capture the information to generate the dashboards and the analyses for the case interview data, which is what we started with- >> Yeah. >> Was essentially being used the same for the hospitalization data that we were getting and for tracking deaths as they were coming in as well. And so the bots essentially were just, we just took one process, take the same bots, copy them over essentially, and had them follow the very same process. We didn't try to introduce any different workflow than what was being done for the first one so we could replicate quickly. So I think it was lucky for us a lot- >> Dave V.: I was going to say, was that luck or by design? >> It was the same people doing the same analyses, right? So in the end they were thinking about how to be efficient themselves. So they kind of had coalesced around a similar process. And so it was kind of like fortunate, but it was by design in terms of how they- >> Dave V.: It was logical to them. >> Logical to them to make it. >> Interesting. >> So for us to be able to insert the bots became pretty easy on the front end. It's just now as we're trying to now expand to other areas that were now encountering like unique processes that we just can't replicate that quickly. We're having to like now dig into. >> So how are you handling that? First of all, how are you determining which processes? Is it sort of process driven? Is it data driven? How do you determine that? >> So obviously right now the focus still is COVID. So the the priorities scale that we've set internally for analyzing those opportunities really is centered around, you know, which things are really going to help our pandemic response, right? We're expecting another surge that's going to happen probably in the next couple of weeks. That'll probably take us through December. Hopefully, at that point, things start to calm down. But that means high-data volume again; these same process. So we're looking at optimizing the processes that we have, what can we do to make those cycles better, faster, you know, what else can we add? The data teams haven't stopped to try to figure out how else can they turn out new data reports, new data analysis, to give us a different perspective on the new variants and the new different outbreaks and hotspots that are popping up. And so we also have to kind of keep up with where they're going on these data dashboards. So they're adding more data into these reports so we know we have to optimize that. And then there's these kind of tangential work. So for example, COVID brought about, unfortunately, a lot of domestic violence reports. And so we have a lot of domestic violence agencies that we work with and that we have interactions with and to monitor their work, we have certain processes. So that's kind of like COVID-adjacent. But it's because it's such a very critical task, we're looking at how we can kind of help in those processes and areas. Same thing in like in our substance abuse area. We have substance use disorder treatment services that we provide. And we're delivering those at a higher rate because COVID kind of created more of a crisis than we would've liked. And so that's how we're prioritizing. It's really about what is the social need, what does the community need, and how can we put the technology work in those areas? >> So how do you envision the future of automation in your organization and the future of your organization? What does that look like? Paint a picture for us. >> So I'm hoping that it really does, you know, so we're going to take everything that's COVID related in the disease control areas, both in terms of our laboratory operations, in terms of our clinic operations, the way we respond, vaccination campaigns, things of that nature. And we're going to look at it to see what can efficiencies can we do there because it's a natural outgrowth of everything we've done on COVID up to this point. So, you know, it's almost like it's as simple as you're just replicating it with another disease. The disease might have different characteristics, but the work process that we follow is very similar. It's not like we're going to change everything and do something completely different for a respiratory condition as we would for some other type of foodborne condition or something else that might happen. So we certainly see very easy opportunities to just to grow out what we've already done in terms of the processes is to do that. So that's wave one, is really focus on that grow out. The second piece I think is to look at these kind of other general kind of community-based type of operations and see what operations we can do there to kind of implement some improvements there. And then I'm certainly in my new role of, in Deputy Director of Operation, I'm a CIO before. Now that I'm in this operations role, I have access to the full administrative apparatus for the department. And believe me, there's enough to keep me busy there. (Dave V. Laughing) And so that's going to be kind of my third prong is to kind of look at the implement there. >> Awesome. Go ahead, Dave. >> Yeah, so, this is going to be taking a step back, kind of a higher level view. If we could direct the same level of rigor and attention towards some other thing that we've directed towards COVID, if you could snap your fingers and make that happen, what would that thing be in the arena of public health in LA County in particular, or if you want California, United States. What is something that you feel maybe needs more attention that it's getting right now? >> So I think I touched on it a little bit earlier, but I think it's the thing we've been always been trying to get to is how to really become just very intentional about how we share data more actively, right? I don't have to know everything about you, but there are certain things I care about when you go to the doctor for that doctor and that physician to tell me. Our physicians, our healthcare system as you know, is always under a lot of pressure. Doctors don't have the time to sit down and write a form out for me and tell me everything that's going on. During COVID they did because they were, they cared about their patients so much and knew, I need to know what's going on at every single moment. And if I don't tell you what's going on in my office, you'll never know and can't tell us what's going on in the community. So they had a vested interest in telling us. But on a normal day-to-day, they don't have the time for that. I got to replace that. We got to make sure that when we get to, not me only, but everyone in this public health community has to be focused and working with our healthcare partners to automate the dissemination and the distribution of information so that I have the information at my fingers, that I can then tell you, "Here's what's going on in your local community," down to your neighborhood, down to your zip code, your census tracked, down to your neighbors' homes. We'll be able to tell you, "This is your risk. Here are the things that are going on. This is what you have to watch out for." And the more that we can be more that focused and laser-focused on meeting that goal, we will be able to do our job more effectively. >> And you can do that while preserving people's privacy. >> Privacy, absolutely. >> Yeah, absolutely. But if people are informed then they can make their own decisions. >> Correct. >> And they're not frustrated at the systems. David, we got to wrap. >> Sure. >> But maybe you can help us. What's your impression of the, first of all, is this your first Forward? You've been to others? >> This is my first time. >> Okay. >> My first time. >> What's your sort of takeaway when you go back to the office or home and people say, "Hey, how was the show? What, what'd you learn?" What are you going to say? >> Well, from just seeing all the partners here and kind of seeing all the different events I've been able to go to and the sessions there's, you don't know many times I've gone to and say, "We've got to be doing that." And so there's certainly these opportunities for, you know, more AI, more automation opportunities that we have not, we just haven't even touched on really. I think that we really need to do that. I have to be able to, as a public institution at some point our budgets get capped. We only have so much that we're going to receive. Even riding this wave, there's only so much we're going to be able to get. So we have to be very efficient and use our resources more. There's a lot more that we can do with AI, a lot more with the tools that we saw, some of the work product that are coming out at this conference that we think we can directly apply to kind of take the humans out of that, their traditional roles, get them doing higher level work so I can get the most out of them and have this other more mundane type of work, just have the systems just do it. I don't need anybody doing that necessarily, that work. I need to be able to leverage them for other higher level capabilities. >> Well thank you for that. Thanks for coming on theCUBE and really appreciate. Dave- >> It's been great talking to you guys, thank you. >> Dave, you know, I love software shows because the business impact is so enormous and I especially love cool software shows. You know, this first of all, the venue. 3,500 people here. Very cool venue. I like the fact that it's not like booth in your face, booth competition. I mean I love VMware, VMworld, VMware Explore. But it's like, "My booth is bigger than your booth." This is really nice and clean, and it's all about the experience. >> A lot of steak, not as much sizzle. >> Yeah, definitely. >> A lot of steak. >> And the customer content at the UiPath events is always outstanding. But we are entering a new era for UiPath, and we're talking. We heard a lot about the Enterprise platform. You know, the big thing is this company's been in this quarterly shock-lock since last April when it went public. And it hasn't all been pretty. And so new co-CEO comes in, they've got, you know, resetting priorities around financials, go to market, they've got to have profitable growth. So watching that that closely. But also product innovation so the co-CEOs will be able to split that up, split their duties up. Daniel Dines the product visionary, product guru. Rob Enslin, you know- making the operations work. >> Operations execution business, yeah. >> We heard that Carl Eschenbach did the introduction. Carl's a major operator, wanted that DNA into the company. 'Cause they got to keep product innovation. And I want to, I want to see R&D spending, stay relatively high. >> Product innovation, but under the heading of platform. And that's the key thing is just not being that tool set. The positioning has been, I think, accurate that, you know, over history, we started with these RPA tools and now we've moved into business process automation and now we're moving into new frontiers where, where truly, AI and ML are being leveraged. I love the re-infer story about going in and using natural national (chuckles) national, natural language processing. I can't even say it, to go through messaging. That's sort of a next-level of intelligence to be able to automate things that couldn't be automated before. So that whole platform story is key. And they seem to have made a pretty good case for their journey into platform as far as I'm concerned. >> Well, yeah, to me again. So it's always about the customers, want to come to an event like this, you listen to what they say in the keynotes and then you listen to what the customers say. And there's a very strong alignment in the UiPath community between, you know, the marketing and the actual implementation. You know, marketing's always going to be ahead. But, we saw this a couple of years ago with platform. And now we're seeing it, you know, throughout the customer base, 10,000+ customers. I think this company could have, you know, easily double, tripled, maybe even 10x that. All right, we got to wrap. Dave Nicholson, thank you. Two weeks in a row. Good job. And let's see. Check out siliconangle.com for all the news. Check out thecube.net; wikibon.com has the research. We'll be on the road as usual. theCUBE, you can follow us. UiPath Forward 5, Dave Vellante for Dave Nicholson. We're out and we'll see you next time. Thanks for watching. (gentle music)
SUMMARY :
Brought to you by UiPath. and easy to adopt point product Thanks for having me on guys. of the back office operations in the last couple of years. the last two years have Yeah, and I mean, the scars are there, is to be more efficient. in the middle of the pandemic. I call the isolation economy, so that the next time this comes at us, And that seems to have and the lack of preparedness. is to try to do everything we can any of the friction that I think I'm going to spend to make sure that we were responding. And our success is going to be "Oh, we don't have enough PPE." We'll have it at the ready So three Daves. in the session in an hour or so. center of the automation. And the public started to kind So we needed to have a And so how were you able to And we said, "Well before you do that," we started with about five. to handle the velocity that was coming in. and then apply it to other use cases And so the bots essentially were just, Dave V.: I was going to say, So in the end they were thinking about that we just can't replicate that quickly. the processes that we have, the future of automation in terms of the processes is to do that. What is something that you And the more that we can be more And you can do that while preserving But if people are informed at the systems. You've been to others? There's a lot more that we can do with AI, Well thank you for that. talking to you guys, thank you. and it's all about the experience. And the customer content that DNA into the company. And they seem to have made So it's always about the customers,
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
David | PERSON | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
David Cardenas | PERSON | 0.99+ |
five-hour | QUANTITY | 0.99+ |
Rob Enslin | PERSON | 0.99+ |
California | LOCATION | 0.99+ |
Dave | PERSON | 0.99+ |
LA | LOCATION | 0.99+ |
Daniel Dines | PERSON | 0.99+ |
December | DATE | 0.99+ |
10 | DATE | 0.99+ |
24-hour | QUANTITY | 0.99+ |
Excel | TITLE | 0.99+ |
3,500 people | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
10 o'clock | DATE | 0.99+ |
Two weeks | QUANTITY | 0.99+ |
last April | DATE | 0.99+ |
United States | LOCATION | 0.99+ |
first time | QUANTITY | 0.99+ |
12 o'clock | DATE | 0.99+ |
five | QUANTITY | 0.99+ |
two years | QUANTITY | 0.99+ |
12 an hour | QUANTITY | 0.99+ |
second piece | QUANTITY | 0.99+ |
UiPath Forward 5 | TITLE | 0.99+ |
siliconangle.com | OTHER | 0.99+ |
TheCUBE | ORGANIZATION | 0.99+ |
thecube.net | OTHER | 0.99+ |
Department of Public Health | ORGANIZATION | 0.99+ |
first | QUANTITY | 0.99+ |
Dave V. Laughing | PERSON | 0.99+ |
both | QUANTITY | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Venetian Convention Center | LOCATION | 0.99+ |
10x | QUANTITY | 0.99+ |
theCUBE | ORGANIZATION | 0.99+ |
today | DATE | 0.99+ |
30 | QUANTITY | 0.99+ |
LA County | LOCATION | 0.99+ |
11 o'clock | DATE | 0.99+ |
third prong | QUANTITY | 0.99+ |
10 million people | QUANTITY | 0.99+ |
fourth time | QUANTITY | 0.98+ |
each submission | QUANTITY | 0.98+ |
VMworld | ORGANIZATION | 0.98+ |
one | QUANTITY | 0.97+ |
Dave V. | PERSON | 0.97+ |
9/11 | EVENT | 0.97+ |
pandemic | EVENT | 0.97+ |
an hour | QUANTITY | 0.97+ |
first one | QUANTITY | 0.96+ |
wave one | EVENT | 0.95+ |
10,000+ customers | QUANTITY | 0.95+ |
hundreds of square miles | QUANTITY | 0.95+ |
95% | QUANTITY | 0.94+ |
VMware | ORGANIZATION | 0.94+ |
VMware Explore | ORGANIZATION | 0.92+ |
next couple of weeks | DATE | 0.92+ |
COVID | OTHER | 0.91+ |
24 hours | QUANTITY | 0.9+ |
First | QUANTITY | 0.89+ |
one process | QUANTITY | 0.89+ |
first part | QUANTITY | 0.89+ |
double | QUANTITY | 0.89+ |
day two | QUANTITY | 0.88+ |
couple of years ago | DATE | 0.86+ |
Los Angeles Department of Public Health | ORGANIZATION | 0.85+ |
anthrax attacks | EVENT | 0.85+ |
last couple of years | DATE | 0.84+ |
wikibon.com | OTHER | 0.84+ |
tons and tons | QUANTITY | 0.83+ |
Param Kahlon, UiPath & Akbar Thobani, PepsiCo | UiPath Forward 5
>>The Cube Presents UI Path Forward five. Brought to you by UI Path. >>Hi everybody. We're back. David Ante with David Nicholson. This is UiPath Forward five from Las Vegas. We're live, you know, the customers here, they're automating all the time, sucking work and the cube. We're sucking all the information out of the experts and the customers. A bar Toban is here. He's the global business, Shared services, leading automation and AI at PepsiCo. And Para Colan is back is the chief. He's the Chief product officer at UiPath, longtime Cube alum. Great to see you guys. Thanks for coming on. Great to see us all day. So you guys keynote today, you know, excited to have PepsiCo on. I'm not sure I've ever interviewed PepsiCo in the Cube, but tell us about your role there. >>Absolutely. So I'm part of a PepsiCo global business shared services team. I lead automation and AI capabilities. GBS has, you know, we started GBS portfolio back about three and a half years ago, and we have a six hubs across PepsiCo. And as, as a part of my role, we deliver transformational capability across the PepsiCo. >>When did it all start? >>About three and a half years ago, 2019. So >>Prior to the pandemic. Yeah. You know, versus the pandemic was the catalyst for this. Yeah. But it was at the catalyst, but maybe it sped it up a bit. >>Yeah. PepsiCo journey started with, if, if you look at the PepsiCo, you know, the automation journey, it started back in 2017, but the GBS portfolio took shape back in 2019. So prior to that, you know, PepsiCo was definitely, you know, working a lot of, you know, the automation capabilities and automation product across, you know, PepsiCo. But with the introduction of PepsiCo global business shared services team, we are, you know, centralizing a lot of transformation capability, you know, across the functions that, that we support within the >>PepsiCo and, and UI path was kind of part of that journey all along? Or was there sort of other activities beforehand or how did that >>No, no, absolutely. Starting from 2017, if I, you know, remembered, you know, with the vision of our, you know, some of our senior leadership team and recognizing the value of, you know, automation in the core, you know, capability as a transformation at that time, you know, we started with just like anybody else, right? We started with, you know, proof of concept, showed some, you know, early wins and the value back to the business, start setting up some, you know, business processes and capabilities, stood up the platform, build a complete, you know, ecosystem around that, you know, platform partnership with, you know, UI bot team. And you know, from there, here we are five years. I mean, it's, it's a, it's a, it's a, it's a very critical component to our digital transformation capability and, and yes, leverage across >>Let's talk platform probably. So you, you guys have made some announcements this week. You talk about the business automation platform. I remember our first forward was, you know, RPA tool. Okay. Yeah. And then you guys made acquisitions. I was there for that. So the process process cold and then people started to really expand it, and it's really come in amazingly long away in a short time. So what did you guys announce today? What'd you talk about on stage 2022 dot 10? Tell us more about it. >>Absolutely, Dave. So you've seen the journey, you've been with us since the early days. You know, we were in 2017 and RPA tool that could automate a representative task that happened over and over again in the environment. And then three years ago you were here when we announced the automation platform, we said, it's not just about a task, it's about involving humans in bots to manage end to end processes. It's about discovering what automation opportunities exist. It's about using ai. Pepsi Co was actually the pioneer of using AI along with automation. You know, we were in stage together with them in, in 2019. And where we are now is we're essentially seeing people want to take the next step with automation. They're saying that it's no longer just an automation tool, It's the way we operate. It's the way we innovate in the organization. So they're really making sure that it becomes a part of their digital transformation journey that they're on. >>And they're saying that we can to the digital transformation by consolidating multiple RP systems and CRM systems. And that'll take us seven years to do, or we can go with UI path and we can leverage the core that we can leverage the GL system that exists today. We can leverage the inventory tracking system that exists today and start to build processes on top of that that can adapt to what customers are trying to do in this digital age. And that's where, you know, we've made announcements today is, is really pivot the platform to be a business automation platform. And there's sort of three layers, you know, unique but you know, connected layers of the platform. The first one is discover. And Discover is all about finding your processes, identifying the opportunities, making sure that you are managing the return on investment. What is the process? >>You know, how are you getting ROI on it? The second one is automated, and that is really where we're applying semantic automation to identify the digital building blocks of an enterprise, which is your data, your document, your screens and communication. Like putting all of that together and saying you can automate in our processes, leveraging a lot of intelligence that exist in how business processes are done. And the last one is operate, which is if you're trying to execute a business process at scale, you're processing not just, you know, a task thousand times, but you are fulfilling millions of transactions. You're, you know, you're looking at trillions of records to identify what processes you need, a scalable enterprise platform that's able to ingest a lot of data report on metrics report and efficiency. So that's what we've announced today is an automation platform that companies can use to put at the center of the digital transformation journey. >>So like about the interesting thing about PepsiCo, you guys started in 2017. Yeah. So kind of early, early on. Yeah. Yeah. And you kind of been there with the progression of platform. So my question to you is, and it was, you know, Yeah, we've seen the e from primarily on-prem now it's cloud first. Yeah. How disruptive or non disruptive was that for you? Did you have to rip and replace? Did you have to sort of retool or migrate? What was that like? >>No, I mean, significant disruption, right? I mean, I mean, as, as we started our journey back in 2017, just like, you know, PRM mentioned, right? With simple rule based, you know, the automation from then now to our journey where our continue to, you know, infuse, you know, AI capability, document understanding, conversation ai, right? As a part of our end to end profile. At the same time, I think the cloud is providing a fantastic opportunity for us to continue to scale, right? You know, scale at, at large. So that I think is a fantastic op, you know, fantastic platform and fantastic, you know, the opportunity that we are looking forward >>To. So how do you affect adoption inside of the organization? Can you talk about that? What's working? What's, >>It's always value driven as you know, right? I mean, the business business has to see the value. It it, it was, I mean, I would, you know, admit it was not as easy as before, but as the mindsets have started to shift, right? As the people have started to realize the value that, you know, the automation brings to, you know, the, I mean, you know, not just the, the value for the business, but actually transforming the entire portfolio, right? And, and people have started to see now that not every automation project is going to be transformation product, but for every transformation project you will find the automation at the heart and the core of it. So I, I, I think that's what has started to shift the mindset of, of uniforms. >>So how do you know when you have end to end? What are you still wake up one day and say, Wow, we've achieved it. You know, is it pieces that come together? Yeah. What do you say? >>Yeah, You know, we wanna look at customers from, you know, from an end to end perspective. It's not just about piecemealing finding a problem, solving it, really what does it deliver from, from an end to end perspective. Did you actually, you know, because a lot of times companies will say, we wanna automate X number of processes, and, and they do that and they're like, Well, we've automated a lot of processes. We're not sure what value we're getting out of it. It's the ability to measure like, what impact is this automation having on your business from an operational metric, but from a business metric as well. But then going back and saying, Well, where is the biggest pain point? Where do we have the largest value that we can give to the business back? So one of the things we actually announced today is the ability to take at an look at an idea and look at what was the estimated benefits of an idea, and then map it all the way through execution to say, what are we getting? >>We estimated we were gonna save a million dollars by doing those automation, or what have we achieved till now? Have we achieved a million dollars? Have we achieved half a million dollars by having achieved? That's, that never happens. That, and, and, and, and it's hard to do that, like the data existed, but it's really hard for people to pull that data out. So we build out the box dashboards that give you the ROI bag. And that's why it's really important to, to make sure that, you know, you look at it not just as a technology project, but more as a investment from a business side. And so you can, making a business more efficient. You >>Know, that's, I just, I know you were jumping in, but that's super important. Cause you know, you run a lot of projects Absolutely. And each of those projects has zone roi, then you jam it into the application portfolio. Exactly. And then everybody sort of forgets about it. You can't really track what impact it had because there's always, you know, some things that are benefit, some things are sometimes a negative. And so it's that holistic picture that >>You trying >>To achieve, extremely critical point, what you hit on, right? From it's measuring the benefit and measuring the continuous benefit across, and not just from start and end, Okay, what I promised I delivered or not, but, but you have to have this continuous mindset. And, and so I think yeah, definitely that, that's a very, very critical to our finance team in our cfo, >>Organiza, they're organic mechanisms and it's constantly >>Absolutely. Yeah. So abar, yeah. Global business shared services. Yeah. When you think of PepsiCo, yeah, of course people immediately think of Sure, Pepsi. But PepsiCo is a multi tentacled absolutely beast of a company. Absolutely. In a good way. Yeah. For organizations that are in that same category, holding companies, companies that have all sorts of different entities that are working together under one umbrella, How shareable is this idea of automation and business automation process moving forward? How, how shareable is that on the share oter? Yeah. Yeah. >>As >>Far as, as far as, as far as you're concerned, are you, are you talking to some people where you're saying, Hey, I'm here, I'm here from gvs and I'm here to help, and they look at you like you're crazy because you don't understand their business? Or is this something that relatively easily applies across >>Businesses that No, to your point, I mean, very valid point, right? I mean, it's, that's, that's the gbs, global business shared services mindset, right? As you move the functional areas into the Pepsi, in, into the PepsiCo gbs like hr, procurement, commercial sales, supply chain, right? That's where you gonna start to find those, you know, the optimization, you know, opportunity. You wanna start to standardize your processes, and that's where you will, you know, as you transition this processes within the gbs, that's what create those, you know, opportunities for you. >>What, >>What, what about automation opportunities? Not in the, I know you're in the sharing arena. Yeah, yeah. But each of those business units has processes that could probably be optimized and automated. Sure. Is that something that's under your purview? We've heard, we've heard a lot about citizen developers. Yeah. I don't know if that, if that >>Applies to No, that definitely. I mean, you cannot just have focus on end to end, you know, automation. I mean, that's, that's a huge portfolio for gps at the same time supporting, you know, automation through the citizen development capability. That that's where, once again, you know, you have had, provides a lot of capability and solution tools that we use, right? To continue to empower the folks who are part of our, you know, GBS team inside or outside gbs, right? It, it's, I think it's very, very critical. It, it, it helps people transform their career even in one ways, right? And, and, and, and you have that muscle, you have that resource, and you have that power. You definitely want to utilize that. >>So let's talk about metrics for a minute. So more data the better. Usually I like data. Yeah. But, but if you're trying to optimize for 15 metrics, I feel like you're not gonna optimize on any, So how do you deal with that from both as Paramo saying an operational standpoint and a business standpoint? What are the things about how do you sort of get the, the teams focused on the right things, >>Bi business, functional leadership team drive those alignment for us as a part of a global business, shared services, we, we are hip to have connected with our business, you know, functions, right? They, they have to help us prioritize those. And to your point, I mean, yeah, you cannot attack 15 metrics at once. You have to prioritize, you have to make sure that you bring the focus to the product. You have a project, right? So, so definitely, I mean, it's, it's, it's not often 15 metrics, but top three metrics, let's, let's focus, let's zoom in and ensure we are driving it. But then >>If you think about the system, I mean, at the end of the day, the p and l manager, he or she cares about ebit, let's say. Sure, okay. But there are so many factors, you know, in that complicated organization that are gonna affect ebitda. Yeah. And they're gonna be different. Yeah. But somebody's gotta figure out, okay, how do they fit together in a system? And, and can, can UiPath help me understand that, those relationships and those dependencies? >>Absolutely. I mean, I think there's a, there's an aspect of human relationships and, and making sure that you get the right level of sponsorship from the business and, and there's a business stakeholder and, and looking at every investment and, and outcomes that you're driving based on that. But, but that is something that we, from a tools perspective, we're trying to make sure that you can measure the value throughout the entire value chain. But then getting the business sponsorship, like where we've seen automation scale is always because there's a business sponsor that's essentially saying, Here's what I'm trying to achieve and here's the, here's my goal, here's the North star and go get it and let me know how you're tracking against it. And, and our job is to make sure that we can provide the visibility, the people that are operating the, the programs to make sure they get that level of visibility. >>What's the scope of automations in your, you know, organization? Is it dozens, hundreds, huge. That is thousands. >>We are getting there. >>Okay. >>No, definitely. I mean, we have definitely, you know, realized that it's, it's a core component to our digital transformation, right? So, so there is no, there's no stopping. I mean there, there, there, there's plenty of support from top down and you know, it's a fantastic time to be at PepsiCo. Right? Especially at the PepsiCo ubs, Right. >>So, Right. Thanks for sharing your story, Pam. Congratulations on all the progress you guys have made. It's actually quite remarkable to see where you guys have come from. So I really appreciate it. Thank you Dave. Thank you Dave. Okay. Thank you for watching. This is Dave Ante for Dave Nicholson. We are right middle of day two at forward five from Las Vegas. We're live, we're right back.
SUMMARY :
Brought to you by We're live, you know, the customers here, they're automating all the time, you know, we started GBS portfolio back about three and a half years ago, So Prior to the pandemic. of PepsiCo global business shared services team, we are, you know, you know, automation in the core, you know, capability as a transformation at you know, RPA tool. you were here when we announced the automation platform, we said, And there's sort of three layers, you know, You're, you know, So my question to you is, and it was, you know, Yeah, we've seen the e from primarily So that I think is a fantastic op, you know, To. So how do you affect adoption inside of the organization? the value that, you know, the automation brings to, you know, the, I mean, So how do you know when you have end to end? Yeah, You know, we wanna look at customers from, you know, And that's why it's really important to, to make sure that, you know, you look at it not just as a technology project, Cause you know, you run a lot of projects Absolutely. Okay, what I promised I delivered or not, but, but you have to have this continuous mindset. When you think of PepsiCo, yeah, of course people immediately think of Sure, Pepsi. you know, as you transition this processes within the gbs, that's what create Is that something that's under your purview? once again, you know, you have had, provides a lot of capability and solution tools that we use, What are the things about how do you sort of get the, the teams focused on the right things, you know, functions, right? But there are so many factors, you know, in that complicated organization that are gonna and making sure that you get the right level of sponsorship from the business and, and there's a business stakeholder What's the scope of automations in your, you know, organization? I mean, we have definitely, you know, realized that it's, it's a core component It's actually quite remarkable to see where you guys have come from.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
David Nicholson | PERSON | 0.99+ |
PepsiCo | ORGANIZATION | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Pepsi | ORGANIZATION | 0.99+ |
2017 | DATE | 0.99+ |
2019 | DATE | 0.99+ |
Dave | PERSON | 0.99+ |
seven years | QUANTITY | 0.99+ |
Pam | PERSON | 0.99+ |
GBS | ORGANIZATION | 0.99+ |
five years | QUANTITY | 0.99+ |
15 metrics | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Para Colan | PERSON | 0.99+ |
Pepsi Co | ORGANIZATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Param Kahlon | PERSON | 0.99+ |
David Ante | PERSON | 0.99+ |
dozens | QUANTITY | 0.99+ |
thousands | QUANTITY | 0.99+ |
six hubs | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
Dave Ante | PERSON | 0.99+ |
Akbar Thobani | PERSON | 0.99+ |
three years ago | DATE | 0.99+ |
each | QUANTITY | 0.98+ |
millions | QUANTITY | 0.98+ |
Toban | PERSON | 0.98+ |
this week | DATE | 0.98+ |
one | QUANTITY | 0.98+ |
both | QUANTITY | 0.98+ |
half a million dollars | QUANTITY | 0.98+ |
first one | QUANTITY | 0.97+ |
pandemic | EVENT | 0.96+ |
About three and a half years ago | DATE | 0.95+ |
hundreds | QUANTITY | 0.94+ |
five | QUANTITY | 0.93+ |
about three and a half years ago | DATE | 0.92+ |
one ways | QUANTITY | 0.92+ |
Cube | ORGANIZATION | 0.92+ |
a million dollars | QUANTITY | 0.9+ |
three metrics | QUANTITY | 0.9+ |
trillions of records | QUANTITY | 0.9+ |
second one | QUANTITY | 0.88+ |
UI Path Forward five | TITLE | 0.87+ |
three layers | QUANTITY | 0.87+ |
thousand times | QUANTITY | 0.87+ |
first forward | QUANTITY | 0.84+ |
one day | QUANTITY | 0.83+ |
million dollars | QUANTITY | 0.83+ |
Paramo | ORGANIZATION | 0.81+ |
5 | QUANTITY | 0.8+ |
RPA tool | TITLE | 0.79+ |
stage 2022 dot 10 | OTHER | 0.78+ |
UI Path | TITLE | 0.72+ |
Ajay Gupta, State of California DMV | UiPath Forward 5
>>The Cube presents UI Path Forward five. Brought to you by UI Path. >>We're back the cube's coverage of UI path forward. Five. And we're live. Dave Velante with Dave Nicholson. AJ Gupta is here. He's the Chief Digital Transformation Officer at the Motor Vehicles of California dmv. Welcome Jay. Good to see you. >>Thank you. >>Good to see you. Wow, you, you have an interesting job. I would just say, you know, I've been to going to conferences for a long time. I remember early last decade, Frank Sluman put up a slide. People ho hanging out, waiting outside the California dmv. You were the butt of many jokes, but we have a happy customer here, so we're gonna get it to your taste >>Of it. Yeah, very happy >>Customer, obviously transform the organization. I think it's pretty clear from our conversations that that automation has played a role in that. But first of all, tell us about yourself, your role and what's going on at the dmv. >>Sure. Myself, a j Gupta, I am the Chief Digital Transformation Officer at the dmv. Somewhat of i, one would say a made up title, but Governor's office asked me, Okay, we need help. And that's what >>Your title though? >>Yeah, yeah. So I'm like, well we are doing business and technology transformation. So that's, that's what I've been doing for the last three years at the dmv. Before that I was in private sector for 25 years, decided first time to give back cuz I was mostly doing public sector consulting. So here I am. >>Okay. So you knew the industry and that's cool that you wanted to give back because I mean obviously you just, in talking off camera, you're smart, you're very cogent and you know, a lot of times people in the private sector, they don't want to go work in the, in the public sector unless they're, unless they're power crazy, you know? Anyway, so speaking with David Nicholson, the experience has gone from really crappy to really great. I mean, take >>It from here. Yeah. Well, am I gonna be, I'm, because I'm from California, I was just, I was just, you know, we >>Got a dual case study >>Eloquently about, about the, the, the change that's happened just in, just in terms of simple things like a registration renewal. It used to be go online and pray and weed through things and now it's very simple, very, very fast. Tell us more about, about some of the things that you've done in the area of automation that have increased the percentage of things that could be done online without visiting a field office. Just as an >>Example. Yeah, what's the story? >>Yeah, so first of all, thank you for saying nice things about dmv, you as a customer. It means a lot because we have been very deliberately working towards solving all customer po pain points, whether it's in person experiences, online call centers, kiosks, so all across the channels. So we started our journey, myself and director Steve Gordon about three years ago, almost at the same time with the goal of making Department of Mo no motor vehicles in California as the best retail experience in the nation across industries. So that's our goal, right? Not there yet, but we are working towards it. So for, for our in person channels, which is what you may be familiar with, first of all, we wanna make sure brick and click and call all the customer journeys can be done across the channels. You can decide to start journey at one place, finish at another place. >>All that is very deliberate. We are also trying to make sure you don't have to come to field office at all. We would welcome you to come, we love you, but we don't want you to be there. You have better things to do for the economy. We want you to do that instead of showing up in the field office, being in the weight line. So that's number one. Creating more digital channels has been the key. We have created virtual field office. That's something that you would become familiar with if you are not as a DMV customer. During Covid, the goal was we provide almost all the services. We connect our technicians to the customer who are in need of a live conversation or a email or a text or a, or a SMS conversation or chat conversation in multiple languages or a video call, right? >>So we were able to accomplish that while Covid was going on, while the riots were going on. Those of your, you know about that, we, our offices were shut down. We created this channel, which we are continuing because it's a great disaster recovery business continuity channel, but also it can help keep people away from field office during peak hours. So that's been very deliberate. We have also added additional online services using bots. So we have created these web and process bots that actually let you do the intake, right? You, we could set up a new service in less than four weeks, a brand new service online. We have set up a brand new IVR service on call centers in less than a month for our seniors who didn't want to come to the field office and they were required certain pieces of information and we were able to provide that for our customers by creating this channel in less than less than four. >>And the pandemic was an accelerant to this was, was it the catalyst really? And then you guys compressed it? Or were, had you already started on the >>Well, we were >>Ready. I mean you, but you came on right? Just about just before the pandemic. >>Yeah. Yeah. So I came on in 2019, pandemic started in 2020 early. So we got lucky a little bit because we had a head start at, I was already working with u UI paths and we had come up with design patterns that we gonna take this journey for all DMV channels with using UiPath. So it was about timing that when it happened, it accelerated the need and it accelerated the actual work. I was thinking, I'll have a one year plan. I executed all of the one year plan items in less than two months out of necessity. So it accelerated definitely the execution of my plan. >>So when you talk about the chat channel, is that bots, is that humans or a combination? Yeah, >>It's a, it's a combination of it. I would say more AI than bots. Bots to the service fulfillment. So there is the user interaction where you have, you're saying something, the, the chat answers those questions, but then if you want something, hey, I want my, my registration renewed, right? It would take you to the right channel. And this is something we do today on our IVR channel. If you call in the DMV number in California, you'll see that your registration renewal is all automatic. You also have a AI listening to it. But also when you are saying, Yep, I wanna do it, then bot triggers certain aspects of the service fulfillment because our legacy is still sitting about 60 years old and we are able to still provide this modern facade for our customers with no gap and as quickly as possible within a month's time. How >>Many DMVs are in the state? >>Okay, so we have 230 different field locations out of which 180 are available for general public services. >>Okay. So and then you're, you're creating a digital overlay that's right >>To all of >>That, right? >>Yeah, it's digital and virtual overlay, right? Digital is fully self-service. Bots can do all your processing automation, can do all the processing. AI can do all the processing, but then you have virtual channels where you have customer interacting with the technicians or technicians virtually. But once a technician is done solving the problem, they click a button and bot does rest of the work for the technician. So that's where we are able to get some back office efficiency and transaction reduction. >>When was the last time you walked into a bank? >>Oh man. >>I mean, is that where we're going here where you just don't have to >>Go into the branch and that is the goal. In fact, we already have a starting point. I mean, just like you have ATM machines, we have kiosks already that do some of this automation work for us today. The goal is to not have to have to, unless you really want to, We actually set up these personas. One of them was high touch Henry. He likes to go to the field office and talk to people. We are there for them. But for the millennials, for the people who are like, I don't have time. I wanna like quickly finish this work off hours 24 by seven, which is where bots come in. They do not have weekends, HR complaint, they don't have overtime. They're able to solve these problems for me, 24 >>By seven. And what's the scope of your, like how many automations, how many bots? Can you give us a sense? >>Sure. So right now we are sitting at 36 different use cases. We have collected six point of eight point, well, we have saved 8.8 million just using the bots overall savings. If you were to look at virtual field office, which bots are part of, we have collected 388 million so far in that particular channel bots. I've also saved paper. I've saved a million sheets of paper through the bot, which I'm trying to remember how many trees it equates to, but it's a whole lot of trees that I've saved. And >>How many bots are we talking about? >>So it's 36 different use cases. So 36 >>Bots? >>Well, no, there's more bots I wanna say. So we are running at 85% efficiency, 50 bots. Oh wow. Yeah. >>Wow. Okay. So you, you asked the question about, you know, when was the last time someone was in a bank? The last time I was in a bank it was to deposit, you know, more than $10,000 in cash because of a cash transaction. Someone bought a car from me. It was more of a nuisance. I felt like I was being treated like a criminal. I was very clear what I was doing. I had just paid off a loan with that bank and I was giving them the cash for that transaction as opposed to the DMV transaction transferring title. That was easy. The DMV part was easier than the bank. And you're trying to make it even easier and it shouldn't, it shouldn't be that way. Yes. Right. But, but I, I have a, I have a question for you on, on that bot implementation. Can you give us, you've sort of give it us examples of how they interact. Yeah. But as your kind of prototypical California driver's license holder, how has that improved a specific transaction that I would be involved with? Can >>You, so well you as a Californian and you as a taxpayer, you as a Californian getting services and you as a taxpayer getting the most out of the money Okay. That the DMV spending on providing services, Right. Both are benefits to you. Sure. So bots have benefited in both of those areas. If you were used to the DMV three years ago, there was a whole lot of paper involved. You gotta fill this form out, you gotta fill this other form out and you gotta go to dmv. Oh by the way, your form, you didn't bring this thing with you. Your form has issues. We are calculated that about 30% of paper workloads are wasted because they just have bad data, right? There is no control. There's nobody telling you, hey, do this. Right. Even dates could be wrong, names could be wrong fields, maybe incomplete and such. >>So we were able to automate a whole lot of that by creating self-service channels, which are accelerated by bot. So we have these web acceleration platforms that collect the data, bots do the validation, they also verify the information, give you real time feedback or near real time feedback that hey, this is what you need to change. This is when you need to verify. So all the business rules are in the bot. And then once you're done, it'll commit the information to our legacy systems, which wouldn't have been possible unless a technician was punching it in manually. So there is a third cohort of Californians, which is our employees. We have 10,000 of those. They, I don't want them to get carpal tunnel. I want them to make sure they're spending more time thinking and helping our customers, looking at the customers rather than typing things. And that's what we are able to accomplish with the bots where you press that one button, which will have required maybe 50 more keystrokes and that's gone. And now you're saving time, you're also saving the effort and the attention loss of serving the best. >>Jay, what does it take to get a new process on board? So I'm thinking about real id, I just went through that in Massachusetts. I took, it was gonna be months to get to the dmv. So I ended up going through a aaa, had to get all these documents, I uploaded all the documents. Of course when I showed up, none were there. Thankfully I had backup copies. But it was really a pleasant experience. Are you, describe what you're doing with real ID and what role bots play? >>Yeah, sure. So with real id, what we are doing today and what I, what we'll be doing in the future, so I can talk about both. What we are doing today is that we are aligning most of the work to be done upfront by the customer. Because real ID is a complex transaction. You've gotta have four different pieces of documentation. You need to provide your information, it needs to match our records. And then you show up to the field office. And by the way, oh man, I did not upload this information. We are getting about 15 to 17% returns customers. And that's a whole lot of time. Every single mile our customer travels to the DMV office, which averages to about 13 miles. In my calculation for average customer, it's a dollar spent in carbon footprint in the time lost in the technician time trying to triage out some other things. So you're talking $26 per visit to the economy. >>Yeah. An amazing frustration, Yes. >>That has to come back and, and our customer satisfaction scores, which we really like to track, goes down right away. So in general, for real, id, what we have been, what we have done is created bunch of self-service channels, which are accelerated by workflow engines, by AI and by bots to collect the documentation, verify the documentation against external systems because we actually connect with Department of Homeland Security verify, you know, what's your passport about? We look at your picture and we verify that yep, it is truly a passport and yours and not your wives. Right? Or not a picture of a dog. And it's actually truly you, right? I mean, people do all kind of fun stuff by mistake or intentionally. So we wanna make sure we save time for our customer, we save time for our, for our employees, and we have zero returns required when employees, where customer shows up, which by the way is requirement right now. But the Department of Homeland Security is in a rule making process. And we are hopeful, very hopeful at this point in time that we'll be able to take the entire experience and get it done from home. And that'll give us a whole lot more efficiency, as you can imagine. And bots are at the tail end of it, committing all the data and transactions into our systems faster and with more accuracy. >>That's a great story. I mean, really congratulations and, and I guess I'll leave it. Last question is, where do you want to take this? What's the, what's your roadmap look like? What's your runway look like? Is it, is there endless opportunities to automate at the state or do you see a sort of light at the end of the tunnel? >>Sure. So there is a thing I shared in the previous session that I was in, which is be modern while we modernize. So that's been the goal with the bot. They are integral part of my transition architecture as I modernize the entire dmv, bring them from 90 60, bringing us from 1960 to 2022 or even 2025 and do it now, right? So bots are able to get me to a place where customers expectations are managed. They are getting their online, they're getting their mobile experience, they are avoiding making field off his trips and avoiding any kind of paper based processing right? For our employees and customers as well. So bots are serving that need today as part of the transition strategy going from 1960 to 2022 in the future. They're continue gonna continue to service. I think it's one thing that was talked about by the previous sessions today that we, they, they're looking at empowering the employees to do their own work back office work also in a full automation way and self-power them to automate their own processes. So that's one of the strategies we're gonna look for. But also we'll continue to have a strategy where we need to remain nimble with upcoming needs and have a faster go to market market plan using the bot. >>Outstanding. Well thanks so much for sharing your, your story and, and thanks for helping Dave. >>Real life testimony. I never, never thought I'd be coming on to praise the California dmv. Here I am and it's legit. Yeah, >>Well done. Can I, can I make an introduction to our Massachusetts colleagues? >>Good to, well actually we have, we have been working with state of New York, Massachusetts, Nevara, Arizona. So goal is to share but also learn from >>That. Help us out, help us out. >>But nice to be here, >>Great >>To have you and looking for feedback next time you was at dmv. >>All right. Oh, absolutely. Yeah. Get that, fill out that NPS score. All right. Thank you for watching. This is Dave Valante for Dave Nicholson. Forward five UI customer conference from the Venetian in Las Vegas. We'll be right back.
SUMMARY :
Brought to you by Officer at the Motor Vehicles of California dmv. I would just say, you know, Yeah, very happy But first of all, tell us about yourself, at the dmv. So I'm like, well we are doing business and technology transformation. you just, in talking off camera, you're smart, you're very cogent and you know, I was just, you know, we in the area of automation that have increased the percentage of things that could be done Yeah, what's the story? So for, for our in person channels, which is what you may be familiar with, first of During Covid, the goal was we provide almost So we were able to accomplish that while Covid was going on, while the riots were Just about just before the pandemic. So it accelerated definitely the But also when you are saying, Yep, I wanna do it, then bot triggers Okay, so we have 230 different field locations out of which 180 are So that's where we are able to get some back office efficiency and transaction reduction. The goal is to not have to have to, unless you really want to, Can you give us a sense? If you were to look at virtual field office, which bots are So it's 36 different use cases. So we are running at 85% efficiency, The last time I was in a bank it was to deposit, you know, more than $10,000 in cash So bots have benefited in both of those areas. And that's what we are able to accomplish with the bots where you press that one button, which will have required maybe 50 So I ended up going through a aaa, had to get all these documents, I uploaded all the documents. And then you show up to the field office. external systems because we actually connect with Department of Homeland Security verify, you know, what's your passport about? Last question is, where do you want to take this? So that's been the goal with the bot. Well thanks so much for sharing your, your story and, and thanks for helping I never, never thought I'd be coming on to praise the California dmv. Can I, can I make an introduction to our Massachusetts colleagues? So goal is to share but also learn from Thank you for watching.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Nicholson | PERSON | 0.99+ |
California | LOCATION | 0.99+ |
David Nicholson | PERSON | 0.99+ |
Massachusetts | LOCATION | 0.99+ |
Dave Velante | PERSON | 0.99+ |
Dave Valante | PERSON | 0.99+ |
Frank Sluman | PERSON | 0.99+ |
50 bots | QUANTITY | 0.99+ |
Ajay Gupta | PERSON | 0.99+ |
Henry | PERSON | 0.99+ |
AJ Gupta | PERSON | 0.99+ |
Steve Gordon | PERSON | 0.99+ |
Department of Homeland Security | ORGANIZATION | 0.99+ |
2025 | DATE | 0.99+ |
New York | LOCATION | 0.99+ |
Nevara | LOCATION | 0.99+ |
$26 | QUANTITY | 0.99+ |
8.8 million | QUANTITY | 0.99+ |
25 years | QUANTITY | 0.99+ |
10,000 | QUANTITY | 0.99+ |
one year | QUANTITY | 0.99+ |
Jay | PERSON | 0.99+ |
180 | QUANTITY | 0.99+ |
388 million | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
2022 | DATE | 0.99+ |
1960 | DATE | 0.99+ |
One | QUANTITY | 0.99+ |
36 different use cases | QUANTITY | 0.99+ |
Dave | PERSON | 0.99+ |
today | DATE | 0.99+ |
less than two months | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
less than a month | QUANTITY | 0.99+ |
DMV | ORGANIZATION | 0.99+ |
less than four weeks | QUANTITY | 0.99+ |
Both | QUANTITY | 0.99+ |
more than $10,000 | QUANTITY | 0.99+ |
2020 | DATE | 0.99+ |
2019 | DATE | 0.99+ |
third cohort | QUANTITY | 0.98+ |
about 13 miles | QUANTITY | 0.98+ |
UiPath | TITLE | 0.98+ |
three years ago | DATE | 0.98+ |
one button | QUANTITY | 0.97+ |
six point | QUANTITY | 0.97+ |
90 60 | DATE | 0.97+ |
about 30% | QUANTITY | 0.97+ |
50 more keystrokes | QUANTITY | 0.97+ |
first time | QUANTITY | 0.96+ |
UI Path Forward five | TITLE | 0.96+ |
j Gupta | PERSON | 0.96+ |
17% | QUANTITY | 0.96+ |
pandemic | EVENT | 0.96+ |
one thing | QUANTITY | 0.95+ |
Venetian | LOCATION | 0.95+ |
a million sheets of paper | QUANTITY | 0.95+ |
five | QUANTITY | 0.95+ |
less than less than four | QUANTITY | 0.94+ |
a month | QUANTITY | 0.94+ |
about 15 | QUANTITY | 0.94+ |
seven | QUANTITY | 0.94+ |
about 60 years old | QUANTITY | 0.93+ |
Five | QUANTITY | 0.93+ |
Californians | PERSON | 0.93+ |
one | QUANTITY | 0.92+ |
36 | QUANTITY | 0.92+ |
85% efficiency | QUANTITY | 0.91+ |
Californian | OTHER | 0.91+ |
Arizona | LOCATION | 0.9+ |
zero | QUANTITY | 0.9+ |
eight point | QUANTITY | 0.9+ |
UI Path | TITLE | 0.89+ |
Girish Pai, Cognizant | UiPath Forward 5
>>The Cube Presents UI Path Forward five. Brought to you by UI Path. >>Hi everybody. Welcome back to UI Path Forward at five. You're watching the Cubes coverage. Everybody here is automating everything. Mundane tasks, Enterprisewide Automation Platform Beats product. Dave Nicholson. Dave Ante, Garish Pie is here. He is the Global head of Intelligent Enterprise Automation at Cognizant Global. Si, good to see you. Thanks for coming to the queue. Thank you for having me. Tell us about your role. What are you focused on? So, >>So I lead the enterprise automation practice at Cognizant, and we are focused on three broad segments, right? So we help customers anchor to business outcomes in, in looking at the business outcomes, what we look to do is help them drive transformation at a process level, looking at it from a technology standpoint, and then helping them look at how they're trying to drive change across their entire enterprise and bringing that together, you know, and helping them harmonize both at a technology and at a process level in terms of, you know, the outcomes they're trying to achieve. So >>You guys are a partner, I see your booth over there, and you're also a customer, right? Yes, we are. So are you involved in the both sides? One side, what, what, what's your purpose? >>So we do, so we, we sort of work, So we have a full 360 degree relationship with the i p. So we work with them, you know, in a professional services capacity. They, they support us as a partnership in the marketplace where we go into a number of our customers jointly to drive turnkey transformational engagements from an automation standpoint and second from a, as a, as a, as a customer to UiPath, they've been supporting us, you know, drive a number of automation initiatives across our operations book over the course of the last two years. >>Okay. So tell us more about that. So you started your internal journey, we had you guys on last year. Yep. It were just getting started I think, I think I think you, your head count is what, 60,000 somewhere around? Yeah. 70,000. Yeah, $70,000 growing. I think at the time it was maybe less than 10% of the workforce was kind of automated and the goal was to automate everybody. How are you guys doing along >>The, I think it's starting to in industrialize quite significantly. So over the course of the last year since we last spoke to you, probably, you know, we've doubled the head count in terms of the number of people that are now, you know, officially what we call quote unquote citizen developers. And you know, how they are driving automation at a personal level, we've probably gone about 2.5 x in terms of the number of RS we've saved. So we've done about, I think 450,000 rs, you know, in terms of actual saves at a personal automation level. And look, it's, it's been a great, you know, last 12 months too, right? Because, you know, as we've sort of started to get the message percolated more and more, our teams have started to get energized. They are happy that they are, you know, getting a release in terms of what they're doing on a day to day basis, which is largely repetitive at times, very mundane. And now they have the ability to bring in technology to be able to embrace that and drive that, that you know, much more efficiently. >>Are you talking dozens of bots? Thousands of bots? What's the scope of? >>So I think we've, we've scaled to about 3,500 today in terms of the bots and, and it's, it's a journey that continues to evolve. For me, the number is probably something which I wouldn't anchor to because it's, look, it's end of the day what you end up releasing and what you end up freeing and what the teams are doing. And I think, you know, that's the way we are >>Leading. So you're saying like, we always talk about number of boss, but you're saying it's largely in a relevant metric? Well, and not if it's five versus a thousand. Okay. That's meaningful, right? But, but >>Yeah, I think look a number for me, I think it's not about the number, right? It's about the outcome and it's about what impact you're having in, in terms of, you know, what you're trying to get done at the end of the day, right? Because ultimately you're trying to better, you know, what you do on a day to day basis and you know, whether it's done through 10 or whether that's done through 10,000. >>Yeah. But you pay >>Form, >>Right? Exactly. So, so you better get some value out. Exactly. It's about the value. >>But is there, is there a, is there a curve in terms, you know, an s-curve in terms of scalability though? I mean we, we, we've heard organizations doing, from organizations doing an amazing amount of modernization and automation and they say they've got 15 bots running, you have 3,500. Is there a number where it becomes harder to manage or, or is there scalability involved? >>So look, for me, so let me answer it this way, right? I think, I think there are two aspects to it. I think the, the, the, the more you have, you know, the bigger the challenge in terms of how you run the controls, the governance and the residency in terms of, you know, how you manage the, you know, the, the setup of the bots itself. So I think, yeah, I mean we want to have it to a manageable number, but for us, in the way we've looked at the number of bots, one of the things that we've done is we also look at, you know, what's foundational versus what's nuanced in terms of the kind of use cases that you're trying to deliver. So, so any program of this nature, you need to have a setup, which is, you know, which allows you to sort of orchestrate it in the right manner so that as you sort of scale and you bring more people into that equation, you, it's, you're not just creating bots for the sake of it, but you're actually, you know, trying to look at what you can reuse, what you can orchestrate better. >>And then in the context of that, figuring out where you have the gaps and then hence, you know, sort of taking the delta approach of what else and what more you need to build it. >>So you guys have a big observation space. You work with a lot of customers and, and so what are you seeing as the trends when you look out there? How are you applying it to your own business and your customer's businesses? >>So look, for me, I think the last two years, if anything, the one thing I've taken away is that transformation is now extremely, extremely compressed, right? So, so it's almost, you know, what's true today is probably irrelevant tomorrow. So, which means you have to continually evolve in terms of what needs to be done, right? Second is experiences have become extremely, extremely crucial and critical and experiences of, in, in my mind, you know, two or three kinds, right? One the end customer second from an employee standpoint, and third, in terms of the partner ecosystem that you will have as an enterprise that you have to cater to, right? The other element that you know, which becomes true will always remain true is the whole outcome story in terms of, you know, how we have an anchor to why you're trying to do what you're trying to do. >>And that is, you know, core to what you need to get done. So in the way we've looked at it, as we've said, you know, as you sort of look at how transformation is now evolving and how compressed it's starting to become, the more you are able to orchestrate for what the enterprise is trying to get done in terms of modernization, in terms of digitization, in terms of end goals and end outcomes that they're trying to achieve. And the more you're able to sweat what sits within, you know, the enterprise bring that together as you think about automation is, you know, where the true value lies in terms of being able to create an agile enterprise. >>When you think about digital transformation, digital experiences, if it's, if it's a layer cake, where is automation in that, in that layer? Is it, is it sort of the bottom of the stack? Is it, is it the whole stack? >>So for me it's, I mean it's, it's evolved. If you take today's view, I think what's emerging is a very pervasive view of how you think about automation. It sits across, you know, the entire enterprise. It, it, it, it takes a people process, technology dimension, which is age old. It has to cover, you know, all forms of transformation. You know, whether you're looking at end, how do I say, impact in terms of how you're dealing with customers, whether you're looking at the infrastructure, whether you're looking at the data layer in between, it has to be embedded across the base, right? It, it, you have to take a pervasive approach. And for me, I think automation increasingly in the days ahead is gonna be an enterprise capability. You know, it has to be, you know, all pervasive in the way it needs to be set up. >>The key, the operative word there is pervasive. And that seems to be, you know, the era that we're entering, I don't know what you call it, call it the metaverse, I mean, you know, it's more than cloud and cloud is basically just the infrastructure, right? You're building on top of that, whether it's natural language processing or cryptography or virtual, I mean, there's so many different, you know, technology dimensions, right? But it, but the point about pervasive, okay, it's everywhere. It's sensing, it's anticipatory, it feels like there's this new, you know, construct, emerging of platform that is the basis for digital business, right? And I, and I feel like every 15 years our industry goes through some big transformation. How, how do you see it? You know, do you agree that you, it feels like, okay, something new is happening. It's, it's not gonna be the social media, you know, Facebook's not gonna continue to dominate the world as it does. You already seen some cracks in that armor. We saw Microsoft after the pc, and then of course it came back with cloud Amazon looks, you know, indestructible. But that, that's never the end story, right? In our, in our world, how do you see that? >>No, I think all of what you said, I, I would sort of tend to agree with, for me, look, I don't have a crystal ball to say, you know, what's gonna happen with Facebook or Amazon or >>Otherwise. Yeah. But that's what makes this fun. But >>I, Yeah, but, but I think for me, the, the core is I think you're dictated by, you know, us as end consumers, if you're a B2B or a b2b, b2c, you know, depending upon what business you're in, I think the end customer value dictates, you know, what evolves in terms of, you know, the, the manifestation of, you know, how you will two minutes sort of deliver services, the products that you'll get into. And in that context then, you know, whether you take a, a TikTok view to it or whether you take an Amazon view to it, or whether YouTube becomes relevant in the days ahead, I think it's gonna be dictated by, >>By customer, but it tends to be a technology that's the disruptor, it's the microprocessor or it's the social capability or, or maybe it's ai that, that is the catalyst for that. And then the customer adoption dictates, oh, you're right about that. But there, but the, the match is usually technology. Is that fair or not necessarily? Yeah, >>I still look, I mean you talked about metaverse earlier, right? I think we are, I think we are, it's probably hype more than it is reality right now, at least in my view. And it's, I think we are significantly out in terms of, you know, large scale adoption in terms of what needs to be done. You talk about blockchain, blockchains been around, you know, for at least a decade if not more in, in, right. The way it's being talked about, the adoption, you know, in terms of the, the, the applicability of the, you know, of what is that technology I think is understood, but the actual use cases in terms of how it can be taken into the market and how you can scale it across industries, I think is, you know, is still because >>The economics determine ultimately exactly the outcome. So, Okay, that makes sense. >>Yeah. Now you said you don't have a crystal ball. I, I have one, but when I look into it, it's sort of murky when I try to figure out the answer to the question, Is a platform necessary for this, for automation? I mean, this is really the direction, the question, the existential question in terms of the trajectory of UI path. It seems obvious that automation is critical. It's not as obvious where that automation is going to end up eventually because it's so critical. It feels like it's almost the same as, okay, there's an interface between my keystrokes and filling in a box with text. Well, of course there has to be, there has to be that interface, right? So why wouldn't everyone deliver that by default? So as you gaze into my crystal ball with me, tell me about the things that only a platform can do from your perspective. >>So, >>So, so, so think of it this way, right? I mean, any enterprise probably has hundreds of technologies that they've invested in some platform, some applications that you would've built and evolved over time, which are bespoke custom in nature. So for me, I think when you think about automation, I think it's the balance between the two. What a platform allows you to do is to be able to orchestrate, given the complexity and the, the spa that is any enterprise, you know, that's probably got the burden of, you know, what they've done over the course of the, the previous years. And then in that context then, you know, how do you sort of help get the, the best value out of that in terms of what you want to deliver as the end, end outcomes, if I can call it that, right? So for me, I don't think you can say it's, it's her platform versus the rest. >>I think it's gonna be, it's always gonna be a balance and to the question that you asked earlier. And in terms of saying where does an automation end up at? I think if it's gonna be a pervasive view, look, you know, if, if clients are trying to modernize and get onto the cloud, you can do automation at a cloud level too. Now, you know, do I say then, you know, is it, is it sort of inclusive or it's native to what the cloud providers offer? Or do I then go and say automation needs to be something which I will, you know, sort of overlay on top of what the cloud providers offer. So I think it depends upon what dimension that you come at it. So I don't think you can say it's one or the other. You have a platform, I think it helps you orchestrate quite significantly. But there are gonna be aspects within any enterprise, given the complexity that exists that you will have to balance out, you know, platform versus, you know, how you have to address it maybe in a more individual capacity. >>Garris, gotta go. Thank you so much. Appreciate your perspectives. Good conversation. All right, keep it right there. But trains will back it up. We'll be right back right after this short break. The cube live at UI path forward, five from Las Vegas.
SUMMARY :
Brought to you by What are you focused on? of, you know, the outcomes they're trying to achieve. So are you involved So we work with them, you know, in a professional services capacity. So you started your internal journey, They are happy that they are, you know, getting a release in terms of what they're doing on a day to day basis, which is largely And I think, you know, that's the way we are So you're saying like, we always talk about number of boss, but you're saying it's largely in a relevant metric? It's about the outcome and it's So, so you better get some value out. But is there, is there a, is there a curve in terms, you know, an s-curve in terms of scalability one of the things that we've done is we also look at, you know, what's foundational versus And then in the context of that, figuring out where you have the gaps and then hence, you know, sort of taking the delta So you guys have a big observation space. outcome story in terms of, you know, how we have an anchor to why you're trying to do what you're trying to do. And that is, you know, core to what you need to get done. You know, it has to be, you know, all pervasive in the way it needs to be set up. And that seems to be, you know, the era that we're But you know, what evolves in terms of, you know, the, the manifestation of, you know, that is the catalyst for that. I think we are significantly out in terms of, you know, large scale adoption in terms of what needs to be done. So, Okay, that makes sense. as you gaze into my crystal ball with me, tell me about the things that only a you know, how do you sort of help get the, the best value out of that in terms of what you want to deliver as Now, you know, do I say then, you know, is it, is it sort of inclusive or Thank you so much.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Nicholson | PERSON | 0.99+ |
3,500 | QUANTITY | 0.99+ |
Amazon | ORGANIZATION | 0.99+ |
Girish Pai | PERSON | 0.99+ |
$70,000 | QUANTITY | 0.99+ |
five | QUANTITY | 0.99+ |
15 bots | QUANTITY | 0.99+ |
Cognizant Global | ORGANIZATION | 0.99+ |
ORGANIZATION | 0.99+ | |
70,000 | QUANTITY | 0.99+ |
Cognizant | ORGANIZATION | 0.99+ |
Dave Ante | PERSON | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
YouTube | ORGANIZATION | 0.99+ |
two | QUANTITY | 0.99+ |
two aspects | QUANTITY | 0.99+ |
10 | QUANTITY | 0.99+ |
Microsoft | ORGANIZATION | 0.99+ |
last year | DATE | 0.99+ |
450,000 rs | QUANTITY | 0.99+ |
two minutes | QUANTITY | 0.99+ |
10,000 | QUANTITY | 0.99+ |
both sides | QUANTITY | 0.99+ |
360 degree | QUANTITY | 0.99+ |
Cognizant | PERSON | 0.99+ |
second | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
tomorrow | DATE | 0.99+ |
One | QUANTITY | 0.99+ |
UiPath | ORGANIZATION | 0.98+ |
less than 10% | QUANTITY | 0.98+ |
Garris | PERSON | 0.98+ |
Second | QUANTITY | 0.98+ |
60,000 | QUANTITY | 0.98+ |
One side | QUANTITY | 0.98+ |
third | QUANTITY | 0.98+ |
Thousands of bots | QUANTITY | 0.97+ |
one | QUANTITY | 0.96+ |
about 3,500 | QUANTITY | 0.96+ |
today | DATE | 0.96+ |
hundreds of technologies | QUANTITY | 0.96+ |
TikTok | ORGANIZATION | 0.94+ |
Garish Pie | PERSON | 0.93+ |
dozens of bots | QUANTITY | 0.92+ |
15 years | QUANTITY | 0.87+ |
three kinds | QUANTITY | 0.83+ |
last two years | DATE | 0.82+ |
three broad segments | QUANTITY | 0.82+ |
about 2.5 x | QUANTITY | 0.8+ |
UiPath | TITLE | 0.76+ |
Enterprise Automation | ORGANIZATION | 0.75+ |
one thing | QUANTITY | 0.69+ |
UI Path | TITLE | 0.65+ |
last 12 months | DATE | 0.62+ |
UI | ORGANIZATION | 0.61+ |
thousand | QUANTITY | 0.6+ |
Cube | ORGANIZATION | 0.55+ |
Cubes | ORGANIZATION | 0.54+ |
Path | TITLE | 0.54+ |
Dr. Edward Challis, UiPath & Ted Kummert, UiPath | UiPath Forward 5
(upbeat music) >> Announcer: theCUBE presents UiPath Forward5. Brought to you by UiPath. >> Hi everybody, we're back in Las Vegas. We're live with Cube's coverage of Forward 5 2022. Dave Vellante with Dave Nicholson Ted Kumer this year is the Executive Vice President, product and engineering at UiPath. Brought on to do a lot of the integration and bring on new capabilities for the platform and we've seen that over the last several years. And he's joined by Dr. Edward Challis, who's the co-founder of the recent acquisition that UiPath made, company called Re:infer. We're going to learn about those guys. Gents, welcome to theCUBE. Ted, good to see you again. Ed, welcome. >> Good to be here. >> First time. >> Thank you. >> Yeah, great to be here with you. >> Yeah, so we have seen, as I said, this platform expanding. I think you used the term business automation platform. It's kind of a new term you guys introduced at the conference. Where'd that come from? What is that? What are the characteristics that are salient to the platform? >> Well, I see the, the evolution of our platform in three chapters. You understand the first chapter, we call that the RPA chapter. And that's where we saw the power of UI automation applied to the old problems of how do I integrate apps? How do I automate processes? That was chapter one. You know, chapter two gets us to Forward3 in 2019, and the definition of this end-to-end automation platform you know, with the capabilities from discover to measure, and building out that core platform. And as the platform's progressed, what we've seen happen with our customers is the use of it goes from being very heavy in automating the repetitive and routine to being more balanced, to now where they're implementing new brought business process, new capability for their organization. So that's where the name, Business Automation Platform, came from. Reflecting now that it's got this central role, as a strategic tool, sitting between their application landscape, their processes, their people, helping that move forward at the rate that it needs to. >> And process mining and task mining, that was sort of the enabler of chapter two, is that right? >> Well, I'd say chapter two was, you know, first the robots got bigger in terms of what they could cover and do. API integration, long running workflows, AI and ML skills integrated document processing, citizen development in addition to professional development, engaging end users with things like user interfaces built with UiPath apps. And then the discovery. >> So, more robustness of the? Yeah, okay. >> Yeah. Just an expansion of the whole surface area which opened up a lot of things for our customers to do. That went much broader than where core RPA started. And so, and the other thing about this progression to the business automation platform is, you know, we see customers now talking more about outcomes. Early on they talk a lot about hours saved and that's great, but then what about the business outcomes it's enabling? The transformations in their business. And the other thing we're doing in the platform is thinking about, well, where can we land with solutions capabilities that more directly land on business, measurable business outcomes? And so we had started, for example, offering an email automation solution, big business problem for a lot of our customers last year. And we'd started encountering this company Re:infer as we were working with customers. And then, and we encountered Re:infer being used with our platform together. And we saw we can accelerate this. And what that is giving us now is a solution now that aligns with a very defined business outcome. And this way, you know, we can help you process communications and do it efficiently and provide better service for your customers. And that's beginning of another important progression for us in our platform. >> So that's a nice segue, Ed. Tell about Re:infer. Why did you start the company? >> Right, yeah, so my whole career has been in machine learning and AI and I finished my PhD around 2013, it was a very exciting time in AI. And me and my co-founders come from UCL, this university in London, and Deep Mind, this company which Google acquired a few years later, came from our same university. So very exciting time amongst the people that really knew about machine learning and AI. And everyone was thinking, you know, how do we, these are just really big breakthroughs. And you could just see there was going to be a whole bunch of subsequent breakthroughs and we thought NLP would be the next breakthrough. So we were really focused on machine reading problems. And, but we also knew as people that had like built machine learning production systems. 'Cause I'd also worked in industry that built that journey from having a hypothesis that machine learning can solve a problem to getting machine learning into production. That journey is of painful, painful journey and that, you know, you can see that you've got these advances, but getting into broad is just way too hard. >> So where do you fit in the platform? >> Yeah, so I think when you look in the enterprise just so many processes start with a message start with a no, start with a case ticket or, you know, some other kind of request from a colleague or a customer. And so it's super exciting to be able to, you know, take automation one step higher in that process chain. So, you could automatically read that request, interpret it, get all the structured data you need to drive that process forward. So it's about bringing automation into these human channels. >> So I want to give the audience a sense here. So we do a lot of events at the Venetian Conference Center, and it's usually very booth heavy, you know, brands and big giant booths. And here the booths are all very small. They're like kiosks, and they're all pretty much the same size. So it's not like one vendor trying to compete with the other. And there are all these elements, you know I feel like there's clouds and there's, you know, of course orange is the color here. And one of the spots is, it has this really kind of cool sitting area around customer stories. And I was in there last night reading about Deutsche Bank. Deutsche Bank was also up on stage. Deutsche Bank, you guys were talking about a Re:infer. So share with our audience what Deutsche Bank are doing with UiPath and Re:infer. >> Yeah, so I mean, you know, before we automate something, we often like to do what we call communications mining. Which is really understanding what all of these messages are about that might be hitting a part of the business. And at Deutsche Bank and in many, you know, like many large financial services businesses, huge volumes of messages coming in from the clients. We analyze those, interpret the high volume query types and then it's about automating against those to free up capacity. Which ultimately means you can provide faster, higher quality service because you've got more time to do it. And you're not dealing with all of those mundane tasks. So it's that whole journey of mining to automation of the coms that come into the corporate bank. >> So how do I invoke the service? So is it mother module or what's the customer onboarding experience like? >> So, I think the first thing that we do is we generate some understanding of actually the communications data they want to observe, right? And we call it mining, but you know, what we're trying to understand is like what are these communications about? What's the intent? What are they trying to accomplish? Tone can be interesting, like what's the sentiment of this customer? And once you understand that, you essentially then understand categories of conversations you're having and then you apply automations to that. And so then essentially those individual automations can be pointed to sets of emails for them to automate the processing of. And so what we've seen is customers go from things they're handling a hundred percent manual to now 95% of them are handled basically with completely automated processing. The other thing I think is super interesting here and why communications mining and automation are so powerful together is communications about your business can be very, very dynamic. So like, new conversations can emerge, something happens right in your business, you have an outage, whatever, and the automation platform, being a very rapid development platform, can help you adapt quickly to that in an automated way. Which is another reason why this is such a powerful thing to put the two things together. >> So, you can build that event into the automation very quickly you're saying? >> Speaker 1: Yeah. >> Speaker 2: That's totally right. >> Cool. >> So Ed, on the subject of natural language processing and machine learning versus machine teaching. If I text my wife and ask her would you like to go to an Italian restaurant tonight? And she replies, fine. Okay, how smart is your machine? And, of course, context usually literally denotes things within the text, and a short response like that's very difficult to do this. But how do you go through this process? Let's say you're implementing this for a given customer. And we were just talking about, you know, the specific customer requirements that they might have. What does that process look like? Do you have an auditor that goes through? And I mean do you get like 20% accuracy, and then you do a pass, and now you're at 80% accuracy, and you do a pass? What does that look? >> Yeah, so I mean, you know when I was talking about the pain of getting a machine learning model into production one of the principle drivers of that is this process of training the machine learning model. And so what we use is a technique called active learning which is effectively where the AI and ML model queries the user to say, teach me about this data point, teach me about this sentence. And that's a dynamic iterative process. And by doing it in that way you make that training process much, much faster. But critically that means that the user has, when you train the model the user defines how you want to encode that interpretation. So when you were training it you would say fine from my wife is not good, right? >> Sure, so it might be fine, do you have a better suggestion? >> Yeah, but that's actually a very serious point because one of the things we do is track the quality of service. Our customers use us to attract the quality of service they deliver to their clients. And in many industries people don't use flowery language, like, thank you so much, or you know, I'm upset with you, you know. What they might say is fine, and you know, the person that manages that client, that is not good, right? Or they might say I'd like to remind you that we've been late the last three times, you know. >> This is urgent. >> Yeah, you know, so it's important that the client, our client, the user of Re:infer, can encode what their notions of good and bad are. >> Sorry, quick follow up on that. Differences between British English and American English. In the U.K., if you're thinking about becoming an elected politician, you stand for office, right? Here in the U.S., you run for office. That's just the beginning of the vagaries and differences. >> Yeah, well, I've now got a lot more American colleagues and I realize my English phrasing often goes amiss. So I'm really aware of the problem. We have customers that have contact centers, some of them are in the U.K., some of them are in America, and they see big differences in the way that the customers get treated based on where the customer is based. So we've actually done analysis in Re:infer to look at how agents and customers interact and how you should route customers to the contact centers to be culturally matched. Because sometimes there can be a little bit of friction just for that cultural mapping. >> Ted, what's the what's the general philosophy when you make an acquisition like this and you bring in new features? Do you just wake up one day and all of a sudden there's this new capability? Is it a separate sort of for pay module? Does it depend? >> I think it depends. You know, in this case we were really led here by customers. We saw a very high value opportunity and the beginnings of a strategy and really being able to mine all forms of communication and drive automated processing of all forms of communication. And in this case we found a fantastic team and a fantastic piece of software that we can move very quickly to get in the hands of our customer's via UiPath. We're in private preview now, we're going to be GA in the cloud right after the first of the year and it's going to continue forward from there. But it's definitely not one size fits all. Every single one of 'em is different and it's important to approach 'em that way. >> Right, right. So some announcements, StudioWeb was one that I think you could. So I think it came out today. Can't remember what was today. I think we talked about it yesterday on the keynotes anyway. Why is that important? What is it all about? >> Well we talked, you know, at a very top level. I think every development platform thinks about two things for developers. They think, how do I make it more expressive so you can do other things, richer scenarios. And how do I make it simpler? 'Cause fast is always better, and lower learning curves is always better, and those sorts of things. So, Re:infer's a great example of look the runtime is becoming more and more expressive and now you can buy in communications state as part of your automation, which is super cool. And then, you know StudioWeb is about kind of that second point and Studios and Studio X are already low code visual, but they're desktop. And part of our strategy here is to elevate all of that experience into the web. Now we didn't elevate all of studio there, it's a subset. It is API integration and web based application automation, Which is a great foundation for a lot of apps. It's a complete reimagining of the studio user interface and most importantly it's our first cross-platform developer strategy. And so that's been another piece of our strategy, is to say to the customers we want to be everywhere you need us to be. We did cross-platform deployment with the automation suite. We got cross-platform robots with linear robots, serverless robots, Mac support and now we got a cross-platform devs story. So we're starting out with a subset of capabilities maybe oriented toward what you would associate with citizen scenarios. But you're going to see more roadmap, bringing more and more of that. But it's pretty exciting for us. We've been working on this thing for a couple years now and like this is a huge milestone for the team to get to this, this point. >> I think my first conversation on theCUBE with a customer was six years ago maybe at one of the earlier Forwards, I think Forward2. And the pattern that I saw was basically people taking existing processes and making them better, you know taking the mundane away. I remember asking customers, yeah, aren't you kind of paving the cow path? Aren't there sort of new things that you can do, new process? And they're like, yeah, that's sort of the next wave. So what are you seeing in terms of automating existing processes versus new processes? I would see Re:infer is going to open up a whole new vector of new processes. How should we think about that? >> Yeah, I think, you know, I mean in some ways RPA has this reputation because there's so much value that's been provided in the automating of the repetitive and routine. But I'd say in my whole time, I've been at the company now for two and a half years, I've seen lots of new novel stuff stood up. I mean just in Covid we saw the platform being used in PPP loan processing. We saw it in new clinical workflows for COVID testing. We see it and we've just seen more and more progression and it's been exciting that the conference, to see customers now talking about things they built with UiPath apps. So app experiences they've been delivering, you know. I talked about one in healthcare yesterday and basically how they've improved their patient intake processing and that sort of thing. And I think this is just the front end. I truly believe that we are seeing the convergence happen and it's happening already of categories we've talked about separately, iPass, BPM, low-code, RPA. It's happening and it's good for customers 'cause they want one thing to cover more stuff and you know, I think it just creates more opportunity for developers to do more things. >> Your background at Microsoft probably well prepared you for a company that you know, was born on-prem and then went all in on the cloud and had, you know, multiple code bases to deal with. UiPath has gone through a similar transformation and we talked to Daniel last night about this and you're now cloud first. So how is that going just in terms of managing multiple code bases? >> Well it's actually not multiple Code bases. >> Oh, it's the same one, Right, deployment models I should say. >> Is the first thing, Yeah, the deployment models. Another thing we did along the way was basically replatform at an infrastructure level. So we now can deploy into a Kubernetes Docker world, what you'd call the cloud native platform. And that allows us to have much more of a shared infrastructure layer as we look to deliver to the automation cloud. The same workload to the automation cloud that we now deliver in the automation suite for deployment on-prem or deploying a public cloud for a customer to manage. Interesting and enough, that's how Re:infer was built, which is it was built also in the cloud native platform. So it's going to be pretty easy. Well, pretty easy, there's some work to do, but it's going to be pretty easy for us to then bring that into the platform 'cause they're already working on that same platform and provide those same services both on premises and in the cloud without having your developers have to think too much about both. >> Okay, I got to ask you, so I could wrap my stack in a container and put it into AWS or Azure or Google and it'll run great. As well, I could tap some of the underlying primitives of those respective clouds, which are different and I could run them just fine. Or/and I could create an abstraction layer that could hide those underlying primitives and then take the best of each and create an automation cloud, my own cloud. Does that resonate? Is that what you're doing architecturally? Is that a roadmap, or? >> Certainly going forward, you know, in the automation cloud. The automation cloud, we announced a great partnership or a continued partnership with Microsoft. And just Azure and our platform. We obviously take advantage of anything we can to make that great and native capabilities. And I think you're going to see in the Automation Suite us doing more and more to be in a deployment model on Azure, be more and more optimized to using those infrastructure services. So if you deploy automation suite on-prem we'll use our embedded distro then when we deploy it say on Azure, we'll use some of their higher level managed services instead of our embedded distro. And that will just give customers a better optimized experience. >> Interesting to see how that'll develop. Last question is, you know what should we expect going forward? Can you show us a little leg on on the future? >> Well, we've talked about a number of directions. This idea of semantic automation is a place where you know, you're going to, I think, continue to see things, shoots, green shoots, come up in our platform. And you know, it's somewhat of an abstract idea but the idea that the platform is just going to become semantically smarter. You know, I had to serve Re:infer as a way, we're semantically smarter now about communications data and forms of communications data. We're getting semantically smarter about documents, screens you know, so developers aren't dealing with, like, this low level stuff. They can focus on business problem and get out of having to deal with all this lower level mechanism. That is one of many areas I'm excited about, but I think that's an area you're going to see a lot from us in the next coming years. >> All right guys, hey, thanks so much for coming to theCUBE. Really appreciate you taking us through this. Awesome >> Yeah Always a pleasure. >> Platform extension. Ed. All right, keep it right there, everybody. Dave Nicholson, I will be back right after this short break from UiPath Forward5, Las Vegas. (upbeat music)
SUMMARY :
Brought to you by UiPath. Ted, good to see you again. Yeah, great to be here I think you used the term and the definition of this two was, you know, So, more robustness of the? And this way, you know, Why did you start the company? And everyone was thinking, you know, to be able to, you know, and there's, you know, and in many, you know, And we call it mining, but you know, And we were just talking about, you know, the user defines how you want and you know, the person Yeah, you know, so it's Here in the U.S., you run for office. and how you should route and the beginnings of a strategy StudioWeb was one that I think you could. and now you can buy in and making them better, you that the conference, for a company that you know, Well it's actually not multiple Oh, it's the same one, that into the platform of the underlying primitives So if you deploy automation suite on-prem Last question is, you know And you know, it's somewhat Really appreciate you Always a pleasure. right after this short break
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Nicholson | PERSON | 0.99+ |
Microsoft | ORGANIZATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
London | LOCATION | 0.99+ |
Deutsche Bank | ORGANIZATION | 0.99+ |
ORGANIZATION | 0.99+ | |
America | LOCATION | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
95% | QUANTITY | 0.99+ |
U.K. | LOCATION | 0.99+ |
Edward Challis | PERSON | 0.99+ |
U.S. | LOCATION | 0.99+ |
yesterday | DATE | 0.99+ |
Ed | PERSON | 0.99+ |
Ted Kummert | PERSON | 0.99+ |
tonight | DATE | 0.99+ |
Ted Kumer | PERSON | 0.99+ |
80% | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
last year | DATE | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Ted | PERSON | 0.99+ |
2019 | DATE | 0.99+ |
two and a half years | QUANTITY | 0.99+ |
AWS | ORGANIZATION | 0.99+ |
UCL | ORGANIZATION | 0.99+ |
first chapter | QUANTITY | 0.99+ |
UiPath | TITLE | 0.99+ |
Daniel | PERSON | 0.99+ |
three chapters | QUANTITY | 0.99+ |
English | OTHER | 0.99+ |
six years ago | DATE | 0.99+ |
both | QUANTITY | 0.99+ |
two things | QUANTITY | 0.99+ |
Edward Challis | PERSON | 0.98+ |
last night | DATE | 0.98+ |
one | QUANTITY | 0.98+ |
Deep Mind | ORGANIZATION | 0.98+ |
StudioWeb | ORGANIZATION | 0.98+ |
Cube | ORGANIZATION | 0.98+ |
Studio X | TITLE | 0.98+ |
this year | DATE | 0.97+ |
hundred percent | QUANTITY | 0.97+ |
each | QUANTITY | 0.97+ |
first conversation | QUANTITY | 0.96+ |
Forward 5 | TITLE | 0.95+ |
first thing | QUANTITY | 0.95+ |
First time | QUANTITY | 0.95+ |
one day | QUANTITY | 0.94+ |
theCUBE | ORGANIZATION | 0.94+ |
one vendor | QUANTITY | 0.93+ |
second | QUANTITY | 0.93+ |
Venetian Conference Center | LOCATION | 0.93+ |
2013 | DATE | 0.92+ |
NLP | ORGANIZATION | 0.91+ |
UiPath | PERSON | 0.9+ |
three times | QUANTITY | 0.9+ |
iPass | TITLE | 0.88+ |
Azure | TITLE | 0.88+ |
first | QUANTITY | 0.88+ |
few years later | DATE | 0.86+ |
one thing | QUANTITY | 0.86+ |
American | OTHER | 0.85+ |
years | DATE | 0.84+ |
Azure | ORGANIZATION | 0.84+ |
Re:infer | ORGANIZATION | 0.83+ |
single | QUANTITY | 0.82+ |
Kevin Kroen, PwC & Maureen Fleming, IDC | UiPath Forward 5
>>The Cube presents UI Path Forward five. Brought to you by UI Path. >>Hi everybody. We're winding down. Day two, a forward five UI Path customer conference. This is the fourth time the Cube has been at a forward. Dave Nicholson, Dave Ante. Maureen Fleming is here. This is a program Vice President idc. She's got the data fresh survey data. We'd love to have the analyst on. And Kevin CRO is back on the cube. He's a partner for intelligent automation and digital. Upscaling is the operative word. Kevin, good to see you again, pwc. Good to see you. Thanks for coming on you guys. Yep. All right. We, we love idc. We love the data. You guys are all about it. So you've just completed a recent study. Tell us all about it. Who'd you survey? What was the objective? What'd you learn? >>Yeah, what we wanted to do was try to learn more about people who are adopting robotic process automation. So mainly large, you know, larger to midsize, enter midsize, large enterprises. And we wanted to figure out how many of them had a citizen developer program. And then we wanted to compare the difference between people who do not have that program and people who do, and what the difference is in terms of how, what kind of reach they have inside the enterprise, and also the different ways that, that they valued it. So the difference, so we asked the same questions of the, of these people without them knowing that we were actually looking for a citizen developer. And then we compared the results of that to see is it more valuable to have citizen developer and enterprise, or is it more valuable to have enterprise only? So what was the impact >>Global survey? >>It was North America. >>North America. Was it, was it we any kind of slice and dice in terms of industry or targets or you, >>We, we kept it across industry, cross industry. We're finding that RPA is adopting cross >>Industry way. Was it, was it UI path specific or more Any tech, Any automation, >>Any rpa. >>Okay. And top two or three findings. >>So one thing was, first off, the rapid growth rate in citizen, citizen developer programs grew 47% over a two year period. And so now for people who've adopted rpa, it's the majority there. They're, you know, it's a pervasive trend to >>See you're taking over, >>You know, right now the conclusion from that, and some other studies that I did that have similar conclusions is that we have to start learning to live with this idea that business users can learn how to develop. They are developing their driving value. And so now we just need to figure out how to build these sorts of programs accurately. And the other, the really key finding of it was that, that there was much more significant reach for people that were doing citizen developer plus enterprise automation, more reach, more processes touched, more employees impacted by it. And then on top of it, the, they rated the value, the people who had the combination rated the programs at a higher value across different measures. So effectively the, the combination is working out better than standalone top down automation. >>So Kevin, from what, what's your takeaway here? What does this mean to you and your customers? >>So I guess a, a couple things and just anecdotally, you know, building on what Marine found in the, in the survey, the concept of citizen development is a real concept and it's something that organizations are applying and trying to figure out how to apply at scale. The reason why they're doing it is twofold. One, early automation efforts struggled to get scale and they struggled to deliver value from a scale perspective. There were two major problems. The ability to identify the right opportunities and the ability to tackle a wide range of, from the little to the very large, often teams focus on the very large, but don't focus on the little, the little is important. The second part is thinking about how you create a better culture of innovation and actually drive identifying opportunities for the, the more, I'll call it technology professionals to focus on. And so, you know, there's been, you know, based on that big drive to say, okay, not how do we replace automation professionals with business users, you know, the random accountant, the random operations analyst. It's more around how do you actually engage them in innovation. And that in, in that engagement may involve actual hands on building of bots and technologies like UiPath or it might just involve generating ideas to get further engaged. >>So 47% growth. What's the catalyst for that kind of growth? Where's that come from? >>I scarcity? So, well there are a couple things. One is, you know, we all know about developer scarcity and it's strive to automate. You know, if you have an automation strategy in place, you wanna do this quickly and aggressively. But if you've got a shortage of, of people, you know, developers don't have enough, they're turning over. Then you go to, you go and figure out, well this is low code. And so why can't we train our business users who are the subject matter experts to do automation for themselves or their teams? So sort of think about this as the long tail, the things that that top down like enterprise, I think UiPath is calling it enterprise automation versus people automation. So, you know, so there's just different things that they work on as well. And there's also, you know, fearlessness on the part of a lot of people on the business side, they're not afraid of technology, they're not afraid of getting trained. >>And the other piece to me that made, like, I've covered this topic for a long time, and what I found originally when people started talking about citizen developers is that they, they were calling me and having inquiry about why these programs were failing. And when we would decompose the failure was because the ma their managers didn't give them any, they didn't put 'em in trading but wouldn't get, give 'em time to develop. And so they just could not, you know, they just were running into problems. And so with things that, things like PWC and what they're doing, they're sort of saying, here's the, here are the features of a program that matter, including being given time to develop and do that as part of your job. So >>Maureen, is there a minimum level size of organization that you find taking advantage of this? I mean, you know, where's the sweet spot for the value delivered from this kind of automation? >>Do you have an idea? Right. So we, we tended in some of the surveys, we tended to do like thousand employees up. So we were screening for that. But I also met with the, our, our analysts who covered smb, small midsize. She said that they've had that for a long time because they don't have these clear distinctions between IT and business. So then the question is, who are adopters of rpa, for example? And you know that that's still a little bit at, at, you know, the enterprise level, but, but citizen developer at it, it, it is SB is just a given concept. So, >>But is it, is there, is there an economy of scale that kicks in at a certain point? Have we been able to figure that out? I'm thinking of, I'm thinking of business process automation being such a competitive advantage that there becomes almost a divide because of smaller organization. Yes, they could go out and they can buy, they have access to the same software packages, but you have to build all of those processes. Yes. You have to develop those processes over time. So is there any sense for a divide possibly happening or what the, >>It's a really good question because they, you know, in a way people have to understand what a business process is, you know, and they need to understand what the technology can do. And so from that perspective, people who have thought leaders inside their organization and maybe have a chance to get out and look at broader topics might be more inclined to try this out and also identify directly as a problem. SMB also tends to try to buy package solutions. And you see larger enterprises say, well, you know, what we do is unique and so we should just sort of use horizontal technology and apply it at will where it's needed. And so for me that's kind of why we organize toward higher, you know, higher si, larger sizes. As it gets simplified, it's gonna go down into the SMB market though. >>So Kevin, when it comes to you guys, your client engagements, upscaling keeps, keep coming back to that word low code. Is it fundamental component of upscaling? Is it, is it, I don't say synonymous, but is it a prerequisite to have low code capabilities to scale? >>You know, from our perspective, I think the two biggest challenges with making this work, one is learning and development. How do you actually teach the skills in a way that allows people to apply them very quickly and give them the time to actually function right to the finding about managers not necessarily being supportive. And so you have to figure out, you know, what, you know, how do you actually create that right environment and give people the right tools? It's an area that we invested really heavily in from the PWC side with the, with the launch of our pro edge platform and really thinking about how to solve that. But then the problem that you're ultimately getting at once you solve the people equation is how do you get scale and how do you move quicker? And so the, you know, the, the, the, the biggest challenge is not should you let a, a business user build a bot. It's, you know, how do we actually build many bots, generate many ideas for the professional developers and actually create an ecosystem to move faster. Every client that we work with, it's all about, you know, how we're not moving fast enough. A COE cannot, you know, by itself automate an entire organization. And so, you know, the, you know, the, the this theme of scale really becomes, you know, the critical aspect of this >>Is the former other words, the the teaching and individual how to build a bot. Is that trivial or, or is that really not the big gate is what you're saying? It's, >>We don't think it's a big gate. I think the, you know, to the original question, I think the, the, the low code space is a ripe spot for this, you know, upskilling construct because you're not, you're not, you're, you're gauging with employees who don't have an undergraduate degree in computer science who are not IT professionals. And so giving someone, you know, a book on job and saying, go build an application's, probably not gonna be very productive. But with, with tools in the, in the low code space, be it RPA or be it other forms of lower code technology, you get people opportunity where they need to learn some technical concepts. You need to understand how the technology works and how basic programming techniques work, but you don't need to understand everything. And again, going back to the, the simple versus the complex, the goal here is not to turn people into professional developers. The goal is to get them engaged and, and create, you know, make them part of that company's digital transformation. >>But from what you just described, that's, to me it's basic logic skills. I mean you don't have to be, like I say, a assembly language programmer. Yeah. But you gotta understand and you gotta know the business process, right? I mean you have to be a domain expert. Yeah. >>But that, but that's the, that's the biggest advantage of this. You're engaging the people closest to the business process, right? You look at how most big IT projects failed was the same reason a lot of early automation efforts failed. You're creating, you know, a function that essentially lives in an ivory tower that's focused on, you know, where can I go out and find opportunities and automate. But you're not, those aren't the people that run the process day to day. Yeah, okay. You, you put it, you make those people that run the process day to day accountable, you're gonna get a different outcome >>And they'll lean in and get excited. Exactly. >>So where, where, where is that transition? I know it's easy to say, oh, you know, it's logic and people can do it, but what about having a bot whisperer in your, in your organization who's who, who literally says, you know, Maureen, I'm gonna come and sit with you on Friday and you're going to explain your frustrations to me and I'm gonna sit right next to you and I'm gonna code this bot for you and we're gonna test it and you're gonna tell me if it does what you want it to do. And Maureen doesn't need to understand how to move the widgets around and do anything. >>It's, you know, it's a great question cuz I think it's changing the nature of how you accelerate these efforts, right? I think you know, the, and if I go into early RPA days, the initial kind of thought process was let's just get a factory in here and build as many bots as possible. A lot of our client engagement today isn't always around our bot development services. It's around can you bring in coaches? Can you hold office hours? Exactly. We have an office hour construct, which I've never really had in my consulting career where we put, you know, I mean this obviously post covid when when people are in their offices, we put someone in a room and people can come by and get help. And I think having that, that coaching and mentoring construct is very helpful. What we've also seen, and I think it's a really critical success factor for clients to make this work, is thinking about how they pick a subset of their population and making them, you know, digital accelerators, digital champions, pick your word, not it professionals, peers who will actually get realtime dedicated. Right. And maybe a full time or a halftime job where that's exactly what they do. >>Maureen, we're out of time, but my last question for you is, when you do a survey like this, you know you have open ended sometimes and you analyze a survey, you take a bath in the data, write it up. There's always something that you wish you'd asked, which is great cuz then you could do it on the next one. What, was there anything in there that you wish you'd asked that you're gonna ask in the next one? Are you gonna explore in the next survey? >>Yeah. One of the things that I asked, one thing that I was glad I asked was, I, I, we, we spent time finding what were considered business side product champions or RPA champions and then we ask 'em what they did, how often they did, how much time they spent. But what I want, what I really, really wanna ask of my next survey, and I will, I've got a planned, is to find out how, how what percentage of population is involved with, with big a citizen developer and what activities are common and what are less common and you know, what their challenges are. So we'll be looking at a different kind of audience with this next >>Survey. Well, we'd love to have you back to talk about that. Just invite, Thank you very much. Come queue. Really appreciate it Kevin. Good to see you again. >>Good to see you. >>All right. And thank you for watching. Keep it right there. Dave Nicholson and Dave Ante. We're here wrapping up day two of UI path forward. Five live from the Venetian, all Las Vegas. Super right back.
SUMMARY :
Brought to you by Kevin, good to see you again, pwc. So mainly large, you know, larger to midsize, enter midsize, large enterprises. Was it, was it we any kind of slice and dice in terms of industry or We, we kept it across industry, cross industry. Was it, was it UI path specific or more Any tech, Any automation, They're, you know, it's a pervasive trend to And the other, the really key finding of So I guess a, a couple things and just anecdotally, you know, building on what Marine What's the catalyst for that kind of growth? also, you know, fearlessness on the part of a lot of people on the business side, And so they just could not, you know, they just were running into at, at, you know, the enterprise level, but, but citizen developer at it, packages, but you have to build all of those processes. And so for me that's kind of why we organize toward higher, you know, higher si, So Kevin, when it comes to you guys, your client engagements, And so the, you know, the, the, Is that trivial or, or is that really not the big gate is what you're saying? And so giving someone, you know, a book on job and saying, But from what you just described, that's, to me it's basic logic skills. You're creating, you know, a function that essentially lives in an ivory tower that's focused on, And they'll lean in and get excited. gonna sit right next to you and I'm gonna code this bot for you and we're gonna test it and you're gonna tell me I think you know, the, and if I go into early RPA days, What, was there anything in there that you wish you'd asked that you're gonna ask in the next one? and what activities are common and what are less common and you know, Good to see you again. And thank you for watching.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Nicholson | PERSON | 0.99+ |
Maureen | PERSON | 0.99+ |
Kevin | PERSON | 0.99+ |
Kevin Kroen | PERSON | 0.99+ |
Maureen Fleming | PERSON | 0.99+ |
Dave Ante | PERSON | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
47% | QUANTITY | 0.99+ |
Friday | DATE | 0.99+ |
PWC | ORGANIZATION | 0.99+ |
PwC | ORGANIZATION | 0.99+ |
second part | QUANTITY | 0.99+ |
Venetian | LOCATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
North America | LOCATION | 0.98+ |
one | QUANTITY | 0.98+ |
Five | QUANTITY | 0.98+ |
two major problems | QUANTITY | 0.98+ |
today | DATE | 0.98+ |
fourth time | QUANTITY | 0.97+ |
One | QUANTITY | 0.97+ |
Day two | QUANTITY | 0.97+ |
first | QUANTITY | 0.97+ |
two biggest challenges | QUANTITY | 0.97+ |
Kevin CRO | PERSON | 0.96+ |
day two | QUANTITY | 0.93+ |
IDC | ORGANIZATION | 0.93+ |
three findings | QUANTITY | 0.93+ |
one thing | QUANTITY | 0.93+ |
thousand employees | QUANTITY | 0.9+ |
five | QUANTITY | 0.89+ |
Marine | ORGANIZATION | 0.86+ |
two | QUANTITY | 0.8+ |
two year | QUANTITY | 0.77+ |
UI Path Forward five | TITLE | 0.77+ |
Path | TITLE | 0.65+ |
twofold | QUANTITY | 0.64+ |
UI | ORGANIZATION | 0.63+ |
UI Path | TITLE | 0.57+ |
couple | QUANTITY | 0.56+ |
UI | TITLE | 0.52+ |
Cube | ORGANIZATION | 0.41+ |
Nevash Pillay, UiPath & Ati Ngubevana, Vodacom | UiPath Forward 5
>>The Cube presents UI Path Forward five. Brought to you by UI Path. >>Welcome back to The Cube's, continuous coverage with day two of UI Path forward. Five. My name is Dave Ante. I'm here with my co-host Dave Nicholson. And you are watching The Cube. It's all about the robots, the automations, the transformations and beyond. Audi Gana is here. She's group executive at Vodacom and Niva is back. She's senior director of telecommunications industry for UiPath. Ladies, welcome to the Cube. >>I thank you very much. >>So Vodacom a leading telco in in Africa across the continent. Tell us more about the company. >>The company is a traditionally telecommunications company, but our vision 2025 is first to transition from being a telco to a technology company. So you'll find that a lot of the use cases that we've actually started embarking on, combined the combination of telco and FinTech. And we've got a lot of RPA bot also supporting the FinTech platform, which is quite a major step in our strategy. >>So, you know, it's interesting Mark Andreessen's famous comment, Every company's a software company. I like to think every company's a technology company, technology driven. So what does that actually mean for you? Is it like a split brain between FinTech? Cuz it's pretty clear that FinTech is always a highly, you know, technology oriented and telecom. Are they sort of together driving a, a technology business? How does that >>Work? It's, it's a, it's a converge use of the technology to add value to the customer. So what we wanna do is to get to the point where we have converged services where the Telecommunicate, cuz at the end of the day in the African market, you'll find that there's a lot of markets that are unbanked. So you find that a cell phone is a means of communication and a a mobile platform for the users. So it's a natural progression for our company to actually play in both spaces. And I think one of the things I find quite interesting is the levels of trust that a lot of citizens have in our financial platform. In that even some of the governments are paying social grants using the platform. And so it almost becomes, without the phones a lot of people cannot function type of scenario. >>Nevas is your role a global role? >>Yes, it is a global role. >>Okay. So it's interesting cause you're I think based down under, right? I am. Is that true? Okay. Obviously spent some time in, in, in the African continent. How are you, what are you seeing in terms of the, the trends in, in telecommunications that, and are you noticing there's gotta be differences across different regions? You know, a lot of times you hear, oh no, there's really kind of a global world out and I know it is, but telco seems to be one of the industries that has some uniqueness within the different breaches. What are you seeing? >>Look, we are privileged to work with more than 200 telecoms around the world. But clearly from a technology perspective, there are some regions that have embraced technology sooner than the others, particularly when it comes to automation. Now we do have use cases with all of them that we are, you know, the 200 we are working with. But the extent to which they become strategic partners, Varie is, you know, what I find is in, in the US we are doing a lot in the customer experience space with the telecoms in aj it's more back of house. And with telecoms like Vodacom, it's really strategic. You know, automation is being applied practically in every facet of work. And you know, sometimes that could be because the demand is just so great for connectivity, you know, at times there's a skills gap, but it does vary. But what's reassuring is that there is a journey and you know, at this event what I have seen is telecoms wanting to learn from other telecoms. And I must say Artie has been in huge demand. We did about 22 meetings yesterday with others wanting to know, which again is that strategic trend. >>Artie, my understanding is you've been at this for a while, this automation journey for quite some time and p i pass. Interesting. I mean it's a company that's founded in 2005 and kind of did sort of its own thing for a long time and then realized it had lightning in a bottle Yeah. For a mid last decade. But my understanding is you've seen it all. You've seen the, the legacy platforms. And so tell me about your personal journey with automation and then the companies. >>Okay, so there's the automation pre rpa, which was strangely enough, I come from banking, got a finance degree, did automated ations in one of the bigger banks. And somehow I transitioned. And I mean from a history perspective, the one of the previous platforms, which was the biggest one at the time, that's where I got to learn about rpa. And then there's another vendor that we then use in another company. So this is almost my third vendor that I'm experiencing in the RPA space. Having joined RPA space in 2015, apparently I'm kind of a veteran, >>So, So what are you seeing is what's the difference between, I mean let's call UI path, that was sort of a modern focus on simple to deploy. That's really how they get started when I first found them. How do you compare what UiPath has? And there are others, there are other modern platforms to sort of the legacy platforms. What's the >>Difference? I think it's the diversity and the applicability of the technology across multiple industries is something that still amazes me up until today. Because the kind of customers I've been meeting today, I, I would not, I met a guy who owns an ice cream company and I'm like, where would automation come in here? But he's actually quite a big customer of, of UiPath, you know. So I think that's one thing I appreciate. I think the ease of use, it has actually allowed for a lot of people to be part of the digital transformation. I think in the his, in the past technology has been seen as something that was a bit elite and that you needed to have X amount of skills and level of education. Whereas the RPA industry has almost bridged that gap in actually bringing along as many people in the journey in terms of digital transformation. And the fourth industrial revolution is now starting to become more inclusive >>Horizontal across industries. >>Yeah. >>So Vodacom headquartered in South Africa. Okay. But presence throughout the continent. Yes. I imagine that various geographies have various twists and quirks to them and different needs. But as a general premise, the African continent has led the rest of the world in terms of embracing these little mobile devices for the most mission. Critical from a personal perspective things, right? Yeah. So if you, if you're already trusting all of your finances and even interaction with your government from a financial perspective. Yeah. When you say technology platform technology is moving forward, what's more critical from that? Or how do you, how do you, how do you branch off from that? What are some of the other things that you can share with us that you're looking towards in the future that may, that that may trickle over here eventually? >>So I think what one of the things we started playing around with quite well is actually the convergence of machine learning, AI and rpa. You would find that a lot of research will tell you that this is the future of the automation and for us, we are actually living the future in that we have civil use cases that are actually extracting a lot of business value. Where we've realized that RPA in of itself, and this is obviously oversimplifying the technology is almost the unlimited hands on keyboards that you could ever have, right? And then machine learning and AI almost the becomes the unlimited brains. So when you then combine the tool, you almost have this strong technology that can revolutionize how we operate and service our customers. >>Well how do, how does that translate? Can you translate that into a user experience at this point? So I mean, we're talking about people who they, they have a motor license, they don't have a desktop computer at home. Yeah. This is their portal into the world. >>So you find that if you're speaking pure telco, and I'm obviously over simplifying there some nowhere an engineer, right? But I think at, at a very simplified level, there's a lot of legacy technology that is used in the telco space and you'll find that because of that, there's a lot of lack of integration. And you'll find that the reasons why a lot of customers call corners is because there's poor integration in a lot of instances. And it's, it's, it's, it's ad hoc. So it's not as if the system is failed completely. So what we've now done is to try and see how do we use machine learning to pick up on those anomalies on the network, right? And because each time something breaks, right, it's almost a fixed way to fix it and therefore the machine learning picking up there normally almost the hands over to the RPA bot to fix the problem within the network element. But that means is that from a customer experience perspective, instead of you actually realizing there's a problem, we've fixed it before you even know that there's a problem. And therefore, and as you can imagine, it means that you then call the course into less because now you don't have the reason to complain because we've proactively identified the problem and we proactively use RPA then to fix it. So we almost have the almost like a self-healing element in within the, the, the RPA AI space. >>You know, I think of, we don't talk about the data, we haven't talked about the data much this week. I think in many respects this industry is, is data industry. Our automation is all about what you can do with the data. You said unlimited hands, unlimited brains. Cuz to me you have unlimited data and a lot of times you just can't handle it. Yeah. So what's the data angle on all this? >>So firstly, I know a lot of people will say data is the new oil. No, >>Right? So I would never >>Say that. I always though, I think I always ask people if I give you a bucket of brain crude oil, right? What are you gonna do with it? Right? Right. And similar to data, right? So I want to almost equate data to that crude oil element, but if you don't know how to refine it, process it, get it to be reliable, it's very useless in of its natural sense. So I think one of the things we've realized is that leveraging of the analogy of the, the machine learning in the brain, if you are in the sales space, you forever trying to push new sales, right? And then chances are when a customer leaves you, you are almost in a reactor state. So, and I imagine a world where you could proactively identify a customer with the propensity to leave your company because a lot of customers don't just, they are situations where they'll be walking down the street competitor calls them, they leave, not because they were unhappy, but a lot of customers actually had several engagements with us that were not pleasant, whatever the definition is. >>So we then saw there was almost five types of attributes that resulted in customers leaving us. So what then that said was imagine if you are an account manager, right? And you got told UiPath P two I limited has experienced 1, 2, 3, 4. Right? Actually, please go engage with them because something is happening. It means that as an account manager, you are then equipped to have a meaningful engagement with the customer because you're saying, hi UiPath, I see you've had X amount of job calls and you've had x amount of complaints in our call center. What is happening is it could be, could be your network, maybe the tower where you are, do you, And then the conversation becomes so meaningful. And I think even during covid what we found is lot of customers started using less of our data, not because they were unhappy, but it became an affordability thing, right? >>Because this is a thousands and thousands of, of data elements and pieces around Yeah. About customer transactions. There's no way one human would be able to go through all of the data and make me meaningful decisions out of it. So we then found that some customers were complaining about affordability. So we then built another model that says if an account manager is talking to a customer and they're struggling from an affordability perspective, what's the next best offer you can make to your customer while you're engaging? And then if in, if, if now your UiPath takes up that offer, then you'd find that the bot does the post engagement provisioning on the system. Because now if you then said, I've only, I can only afford 10 lines, but only pay 10 gigs, but not 10 lines and 20 gigs, that is at least better than us losing the customer. >>Yeah. Right? And we offering them almost a downward migration type of situation. Then the bot does that on the system. So you would find that we almost playing in the space of a human, human centered, intelligent automation where machine learning becomes the brain, the person is amplified in how they operate at the customer. And then the RPA bot becomes the hands that executes on that. And as the account manager you focusing on engagement and convincing, which is really what people are great and selling as opposed to going through all of the pro cause VOCA is a lot of products. So as opposed to having a person going through the products and trying to find the best product for you, you know, so we, we are using machine learning to assist the >>Humans. I I mean in every, every interaction is consistent in that case. I know I sometimes have to call three or four times to find a professional that knows enough that can help me. Yes. Such a frustrating thing as a consumer. So you are, are you, you're attacking churn with automation. So we haven't even talked about how you guys are working together, your journey and all that stuff, but, but how are you guys working here? What are you, what are you doing? You know, in addition to what you just described with with ui. iPad? >>So I think my portfolio's quite wide. So I am, my team is in every single vertical in the organization from customer care to the consumer enterprise business units to finance technology, network compliance. And we do all of this in about six countries, right? So one of the things we've actually realized is that if we are looking at customer service, we wanted to understand why do customers call us? And I think I came from a point of ignorance because I'm not from telco, so I actually realized that if we're talking billing and finance revenue assurance, customers call us because we build them arly. But technically speaking it's our systems that there's something that resulted in the customer calling us. So why do we not know about our own systems? Why are we waiting for the customers to call us? And literally those are the questions I was asking cuz I felt like why are we, why are we waiting for the customers to call us? >>So we then then found a way to try and see within the billing systems where do the breakages happen, right? So that we fix them before the customer has to call us again. So then again from a billing perspective, it means that cuz it the billing element can come in two ways where we are giving you a service and not charging you for it. We then have revenue leakage or we, you are consuming something and we are overcharging you. Then you call us and say, Whatcom is stealing my data. Yeah, you're right out there. I promise you nobody wakes up in the morning and wants to take one gig of your data. So it almost becomes a day integrity initiative that results in good customer service but then result in eradication of course. As opposed to us waiting for customers to tell us what the problem is and trying to help them fast. Cuz that's generally always been what I've picked up the energy around customer service. How do we help you fast? I'm saying why must you call us when our systems had fail that? So we almost trying to see how do we use the technology internally to give customers a better experience and then also have the financial benefits that we are now starting to see happening in the, >>What's the scope of, of your like how many automations, how many bots? Can you give us a sense >>Of this? So right now I think we over on with all of the four, five countries that we are in, we over 400 bots. Wow. Okay. So we started in 2004 years ago, this is my fourth year in Voca. We, and we are not using just one product with UiPath. It became a platform because as we became across more kinds of problems, I think what I've appreciated about part is how we've actually created a partnership. Instead of them trying to sell me products for the sake of consuming products, it became a, this is my problem, right? And then somehow they would whip out the product that solves my problem type of thing. So it became a ecosystem of solutions that >>You must love hanging out with Artie. >>I absolutely do and love, you know, I've spent a career in telecommunications myself and you know, the best days were when you could deliver an outstanding customer experience. And as you can see from what Artie has achieved when you were more proactive and predictive, you can serve your customers so much more effectively and that just lift the morale of the team because we all, you know, have this purpose in doing our jobs. But this is automation and AI built into every part of that customer journey. So end to end, you know, the customer's much happier. You know there's a problem before the customer knows you can solve the problem in most cases before they even know. And that's just what we are all in business to do to make things better. >>Great story. Thank you so much for sharing. Appreciate coming back >>In the queue. Thank you very much. Thank >>You. Thank you for watching. Keep it right there. Don't forget, go to silicon angle.com, all the news, go to the cube.net. You'll see me all these videos are available on demand as well as the other events that we do. Dave VTE for Dave Nicholson. Keep it right there. Right back at forward five UI.
SUMMARY :
Brought to you by And you are watching The So Vodacom a leading telco in in Africa across the continent. So you'll find that a lot of the that FinTech is always a highly, you know, technology oriented and telecom. So you find that a cell phone is a means of communication and a a mobile platform You know, a lot of times you hear, oh no, there's really kind of a global world out and I know it is, that we are, you know, the 200 we are working with. And so tell me about your personal journey with automation and then the companies. And I mean from a history perspective, the one of the previous So, So what are you seeing is what's the difference between, I mean let's call UI path, And the fourth industrial revolution is now starting to become more inclusive What are some of the other things that you can share with us that you're looking So when you then combine the tool, you almost have this strong technology that Can you translate that into a user experience at So you find that if you're speaking pure telco, and I'm Cuz to me you have unlimited data and a lot of times you just can't So firstly, I know a lot of people will say data is the new oil. of the, the machine learning in the brain, if you are in the sales space, So what then that said was imagine if you are an account manager, you can make to your customer while you're engaging? And as the account manager you focusing So we haven't even talked about how you guys are working together, your journey and all that stuff, So one of the things we've actually realized So that we fix them before the customer has to call us again. So right now I think we over on with all of the four, of the team because we all, you know, have this purpose in doing our jobs. Thank you so much for sharing. Thank you very much. Don't forget, go to silicon angle.com, all the news, go to the cube.net.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Nicholson | PERSON | 0.99+ |
Mark Andreessen | PERSON | 0.99+ |
Vodacom | ORGANIZATION | 0.99+ |
2005 | DATE | 0.99+ |
2015 | DATE | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
three | QUANTITY | 0.99+ |
South Africa | LOCATION | 0.99+ |
10 gigs | QUANTITY | 0.99+ |
20 gigs | QUANTITY | 0.99+ |
Africa | LOCATION | 0.99+ |
10 lines | QUANTITY | 0.99+ |
fourth year | QUANTITY | 0.99+ |
four | QUANTITY | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Whatcom | ORGANIZATION | 0.99+ |
Dave Ante | PERSON | 0.99+ |
Nevash Pillay | PERSON | 0.99+ |
telco | ORGANIZATION | 0.99+ |
Dave | PERSON | 0.99+ |
2004 years ago | DATE | 0.99+ |
US | LOCATION | 0.99+ |
yesterday | DATE | 0.99+ |
thousands | QUANTITY | 0.99+ |
one | QUANTITY | 0.99+ |
four times | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
Artie | PERSON | 0.99+ |
two ways | QUANTITY | 0.99+ |
Niva | ORGANIZATION | 0.99+ |
one gig | QUANTITY | 0.99+ |
over 400 bots | QUANTITY | 0.98+ |
Ati Ngubevana | PERSON | 0.98+ |
iPad | COMMERCIAL_ITEM | 0.98+ |
more than 200 telecoms | QUANTITY | 0.98+ |
third vendor | QUANTITY | 0.98+ |
cube.net | OTHER | 0.98+ |
one product | QUANTITY | 0.98+ |
first | QUANTITY | 0.97+ |
FinTech | ORGANIZATION | 0.97+ |
this week | DATE | 0.97+ |
UI Path | TITLE | 0.97+ |
five countries | QUANTITY | 0.97+ |
day two | QUANTITY | 0.94+ |
mid last decade | DATE | 0.94+ |
Five | QUANTITY | 0.94+ |
both spaces | QUANTITY | 0.94+ |
single | QUANTITY | 0.92+ |
firstly | QUANTITY | 0.91+ |
about six countries | QUANTITY | 0.9+ |
one thing | QUANTITY | 0.9+ |
Artie | ORGANIZATION | 0.88+ |
The Cube | TITLE | 0.88+ |
each time | QUANTITY | 0.88+ |
five | QUANTITY | 0.87+ |
UiPath | PERSON | 0.87+ |
African | LOCATION | 0.86+ |
UI Path Forward five | TITLE | 0.86+ |
Audi | ORGANIZATION | 0.85+ |
2025 | DATE | 0.8+ |
200 | QUANTITY | 0.8+ |
five types | QUANTITY | 0.8+ |
about 22 meetings | QUANTITY | 0.74+ |
Nevas | PERSON | 0.73+ |
Cube | COMMERCIAL_ITEM | 0.66+ |
RPA space | TITLE | 0.63+ |
UiPath | TITLE | 0.59+ |
fourth industrial revolution | QUANTITY | 0.56+ |
deos | QUANTITY | 0.55+ |
Sameer Bohra, Deloitte & Cheryln Chin, UiPath | UiPath Forward 5
>> Presenter: theCUBE presents UiPath FORWARD5 brought to you by UiPath. >> Back to theCUBE's coverage of UiPath FORWARD5, 2022. This is theCUBE's 4th UiPath FORWARD. They're mining automation gold here at the conference and in the customer base and we're creating Cube Gold, Dave Vellante and Dave Nicholson. Cheryln Chin is here. She's the vice president of Global Alliances at UIPATH. Sameer Bohra, who's the director of Information Technology at Deloitte. Good to see you guys. >> Great. >> Thank you. >> Now normally we would be talking about, how Deloitte's out, doing its thing with its customers, but this is actually a case study on Deloitte's use of automation and UiPath, so that's cool. You not only partner with the GSIs you actually sell to them as well. Okay. What's that all about? What's your relationship like? Why don't you start there? >> Absolutely. So we're thrilled to be here. Thanks for having us. And really appreciate Sameer being here with us. Deloitte was an early adopter of UiPath not just as a partner, driving innovations and investing in getting skilled and building the capability. They were the first to become the US and certified partner network investing in thousands and thousands of skilling up their consultants and resources to help us address our customer needs together. But it's not just about being a great partner it's being a customer with what they've done and built their own business around UiPath and the automations. We've got an amazing story to tell you about today that we'd love to share. >> All right, Sameer, let's hear it. What's the story? What was the catalyst to bring in automation, UiPath? Where are you applying it? Where'd you start? >> Fantastic, well first of all, thanks for having me here. >> You're welcome. >> I'll start this journey with the predictions that we were making at some point. So, Deloitte, as a company, we are in the business of predicting the technology trends. We have been tracking automation as a trend for quite some time, and we have been following how this industries going to come along. And we then started placing our bets not just on the technology, but on the vendor as well in this case. Right around 2017, 18 is when we started kind of implementing automation with UiPath for our internal purposes. And as it happens, different constituents in our member firms started doing it at the same time without kind of consulting with each other. But the surprising thing is that we all ended up with the same results. We all ended up with UiPath. We all ended up using the same technology set and it was good that we all made the same choice because we would then all get along with it together. So we started our journey kind of disintegrated in a way and then we came along quickly all together. We then have COEs in each of our member firms, or at least the big member firms. And around January last year is when we signed an enterprise license agreement with UiPath that really brought some of our mature COEs together. And now we are kind of utilizing the product quite well. We are exploring the benefits of that ELA brings to us. So that has been our journey so far. Just in terms of some numbers, we are more than 400 millionaires saved for our member firm. We have hundreds of processes that we have automated. I'm kind of losing count of that already. And we have a good 70, 80 member team members across our three mature COEs that are constantly automating day in and day out. So there's a lot in terms of the history and there's a lot that we are looking forward to. >> Can you paint a picture of sort of where you're applying these automations in your business and maybe double click on that a little bit? >> Absolutely. So when we started our journey, there were some candidates right off the bat there were some of our enabling areas where we were looking at for instance, finance our talent which we also called as HR. Those were some of our preliminary areas that we started doing automations for. But another surprising thing is that our first automation use cases were actually contingent solutions that we built to help some of the other big deployments that were happening in the firm. And in absence of any good solution, we said, "Let's bring in RP and let's bridge the gap." And that basically opened the door for us to use automation at a bigger scale. So it's enabling area, talent, finance, business operations. Those are the prominent areas, marketing, chief culture, those are the areas that we are applying it. And then our services on the other hand are using automation as well because we need our services people to be armed with the valuable time to be able to invest on our clients rather than, being stuck in repetitive mundane tasks. So we are pretty much applying it all over the board now. >> So as director of IT at Deloitte, I'm curious about how this process works for you. You've heard the term drinking one's own champagne. >> Yeah. >> When you are looking... >> 'or jog fooding, but okay. >> I was trying to be polite, right? One throat to choke one bat to pat, back to pat. Are you immediately and at all times under a microscope when you're deploying something internally because someone else in Deloitte is thinking, "Okay, let's see how this works for us. Because if it works well, if we gain expertise, we can turn this into a line of business to help our clients." Is that something that starts day one? Or do people come to you six months into a project and say, "Hey, I hear you have something going on. That's cool." What's that look like? >> Very interesting question. The way I would like to describe it is we have a symbiotic relationship between our internal COE and our client facing teams that are out in the market selling automation along with UiPath. And the way that symbiotic relationship work for us is when we are doing anything interesting in terms of an automation use case, and we have many that I can talk about, we do have this constant connect with our client facing folks where we tell them about the use case. We tell them about the problem that we are solving and the way in which we are solving that problem. And in many cases, it generates interest. And then we get into conversations where we see, okay is it an asset that we can build out of it? Or is it simply a client use case that we could burn and implement and apply somewhere? So that's one side of the symbolic relationship. The other side is what our client service folks are seeing in the market. So when they see it, they come to us and they tell us, "Look, we see such and such client doing this and we did it for them. We should think about doing this in Deloitte and for ourselves." And then we say, "Fantastic, let's do it." So it's both ways. >> Dave: Both ways. And the fact that it is both ways. There is not that sense of pressure or you know that I'm under a microscope. It's all one big family. >> How do you measure success? >> It's a pretty interesting question again, success is subjective, right? When it comes to automation the typical metrics that people use to define and describe success is how many hours you have saved or how many hours, at least the way we use it how many hours you have reinvested, right? So we started with that as our measure and for some time that was really our measure of success. But lately we are seeing a change in that we are now shifting more over to other matrix like cost avoidance. So for instance, your firm is growing at a certain pace. Do all your enabling areas need to grow at that pace? Maybe not. Maybe we can avoid that cost and maybe we bring in more automation to support that. So cost avoidance is kind of emerging as a bigger matrix for us now, especially given that all low hanging automation fruits have been plucked. That's a big one we are looking at. I think the other matrix which is a bit difficult to measure directly is the employee satisfaction. There's somewhere I read that if you want happy clients you need to have happy employees first, right? And one way of making your employees happy is to give them the task that they really value that they really like to do. Now, again, being a professional services firm are ours are people's, our is our currency, right? So we want to give them as much of their valuable time back so they can invest it in their client facing activities as opposed to, you know doing mundane and ones. So those are some of the matrix and measures we are looking at. >> So I'd like to dig into that a little bit. If I could Sameer. So, aren't hours saved sort of related to cost avoidance? Is that an input to the cost avoidance calculation, if you will? >> So yeah, so yes and no. And the reason I say that is because yes, if you do the math, yes, it makes sense, >> 'not that it's direct. I understand it's not a direct relationship but it's somewhere related. Is it not? >> It is related in the sense that our saved is an immediate measure of automation, right? So if me as a practitioner, if I can hand over a task to the bar, which can take off five hours out of my week, that's an hour saved right away. But cost avoidance is more like, "Hey, I have these 10 engagements that are coming up. Do I need to amp up to meet boost end engagement or I simply amp up my automation, right?" So that's more around the cost avoidance piece. >> Okay. So there's an algorithm there. >> Yeah. >> Which makes sense. Do you find, so in other words, when you save hours at some point it's going to translate it to headcount avoidance. Okay, are you finding that when you run a project if you can automate that project, that the proportion of savings is greater on that automation of the project than it is for those sort of hours saved? I'm just sort of curious as to what the balance looks like. Is it like overwhelmingly speeding up the project? Is the real benefit there? I'm just kind of curious. >> There's absolutely a benefit there. With automation, you can obviously speed up your projects, you can do more with the staff and the team that you have. So that's definitely something that helps us a lot both internally and I believe on the client facing side as well. >> Okay. And just put my CFO hat on. Let's, so are those internal resources or are there sort of out of pocket expenses? In other words, it's the hard dollars that I don't spend or is it resources that I can deploy on another project or both? Or both. >> For the most part it's the resources right? >> So it's okay. >> Yeah, it's the resources that you can now have them do more value work with more clients as opposed to have them do many task at one place. >> Okay, I'm going to just keep going. So that's a productivity measure in my mind anyway, so I just like to keep peeling the onion on the metrics. So I would at some point, so the two things the cost avoidance and the employee satisfaction I would ultimately as the CFO want to see that show up in terms of productivity increases and decreases in turnover. And you probably don't have enough experience yet to measure that. But ultimately, isn't that where you want to go? >> I think that's essentially where it's going and I think that's the way it'll probably go for pretty much everyone who is in this journey of automation at your CFO will eventually want to look at, okay what after this investment, where is it leading us? So that's definitely the direction we are also heading. >> Yeah and so productivity revenue per employee, is that a good starting point? Maybe you get more sophisticated than that, but... >> Yeah, that's probably a good starting point. >> UiPath revenue employees about 250,000, which is pretty average for software companies. Now, maybe it's because they're investing more, but at some point I'd like to see that tick to 350,000 anyway. >> Yeah. >> I Digress. >> And we are on that journey where we are essentially looking to arm everyone with a bot right? There's a philosophy and UiPath around a bot for everyone. We are pretty close to getting to that stage where everybody should be able to leverage the technology. We shouldn't be limited to a certain business unit or certain pockets within a business unit. >> I want a bot. I do, I want a bot, I'm getting a bot. >> I wish I have a bot. >> I would, yeah, I want to a bot and I want to give that bot a very clever name. That's like you're thinking of naming bots. So are your activities evaluated in completely independently as sort of your own P and L or do you get credit for some of that symbiotic relationship that's developed? Because I can imagine a situation where you deploy something intelligent automation and you get a yield that translates into a practice for your firm that brings in a bunch of revenue with a bunch of satisfied customers. Do you get credit for that? Or is it like, no, no, no, no. I wouldn't >> I would love to get credit for that. But again, it's all in the family. It's all one big family. At this time we are simply focused on bringing the right use cases forward for our client facing folks and the other way around. So we haven't got into that stage as left. >> But you need to deliver standalone value. You're evaluated that way. >> And this COE. That's what we are evaluated upon. The matrix that I talked about earlier around cost avoidance, number of our saved employee satisfaction. Those are some of area that we are being rated upon. And that's across all our COEs. >> Oh, surely congratulations on landing Deloitte as a customer and of course a partner. And I'm sure there's big things in the future. We'll give you the last word, bring it home. >> You know, the takeaway here is we are leveraging partners like this who are going way beyond just automating processes for the sake of process and our save the using this to build their business make their consultants more productive and really driving profitability for the business. So really the automation flywheel going beyond that's really trying to fuel digital transformation by taking this, they make it go faster, more profitable, more agile, and they become an amazing customer and an amazing good market partner. >> Yeah, you guys take this pretty seriously behind us there's this, I don't know what you call it but this clouds floating above it. If you walk through there, there's some really inspiring commentary. And so I encourage you to do that if you're here at the show. All right, thanks guys, appreciate it. >> Thank you. >> Thank you. >> You're welcome. All keep it right there Dave Vellante and Dave Nicholson will be back at FORWARD5 UiPath customer event from Las Vegas. We're live right back. (soft music)
SUMMARY :
brought to you by UiPath. and in the customer base Now normally we would be talking about, and building the capability. What's the story? Fantastic, well first of is that we all ended up And that basically opened the door for us So as director of IT at Deloitte, Or do people come to you is it an asset that we And the fact that it is both ways. in that we are now shifting more So I'd like to dig And the reason I say that is because yes, 'not that it's direct. It is related in the So there's an algorithm there. that the proportion of savings and the team that you have. dollars that I don't spend resources that you can now that where you want to go? So that's definitely the is that a good starting point? Yeah, that's probably that tick to 350,000 anyway. And we are on that journey I want a bot. and you get a yield that translates and the other way around. But you need to Those are some of area that We'll give you the last and our save the using this And so I encourage you to do that Vellante and Dave Nicholson
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Deloitte | ORGANIZATION | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
five hours | QUANTITY | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Cheryln Chin | PERSON | 0.99+ |
Sameer Bohra | PERSON | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
six months | QUANTITY | 0.99+ |
Sameer | PERSON | 0.99+ |
thousands | QUANTITY | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
both | QUANTITY | 0.99+ |
10 engagements | QUANTITY | 0.99+ |
both ways | QUANTITY | 0.99+ |
Both ways | QUANTITY | 0.99+ |
first | QUANTITY | 0.99+ |
more than 400 millionaires | QUANTITY | 0.99+ |
350,000 | QUANTITY | 0.99+ |
each | QUANTITY | 0.99+ |
one | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
US | LOCATION | 0.99+ |
Global Alliances | ORGANIZATION | 0.98+ |
Dave Vellante | PERSON | 0.98+ |
an hour | QUANTITY | 0.98+ |
UIPATH | ORGANIZATION | 0.98+ |
about 250,000 | QUANTITY | 0.97+ |
two things | QUANTITY | 0.97+ |
three mature COEs | QUANTITY | 0.95+ |
one bat | QUANTITY | 0.95+ |
FORWARD5 | EVENT | 0.93+ |
January last year | DATE | 0.93+ |
theCUBE | ORGANIZATION | 0.93+ |
one side | QUANTITY | 0.93+ |
70, 80 member team members | QUANTITY | 0.91+ |
One throat | QUANTITY | 0.91+ |
UiPath | TITLE | 0.89+ |
4th | QUANTITY | 0.88+ |
ELA | ORGANIZATION | 0.85+ |
one place | QUANTITY | 0.82+ |
2022 | DATE | 0.82+ |
day one | QUANTITY | 0.78+ |
hundreds of processes | QUANTITY | 0.75+ |
one big | QUANTITY | 0.74+ |
2017, | DATE | 0.7+ |
double | QUANTITY | 0.69+ |
UiPath FORWARD5 | TITLE | 0.68+ |
Cube Gold | ORGANIZATION | 0.67+ |
UiPath | EVENT | 0.58+ |
GSIs | ORGANIZATION | 0.5+ |
18 | DATE | 0.5+ |
vice | PERSON | 0.49+ |
Bob Pucci, State of Tennessee & Cristina Secrest, EY | UiPath Forward 5
>>The Cube presents UI Path Forward five. Brought to you by UI Path. >>Hi everybody. Welcome back to Las Vegas. You're watching the Cube's coverage of UI Path Forward. Five. We reach cruising altitude on day two. Christina Seacrest is here. She's the process Artificial intelligence and automation GPS automation leader at ey. And Bob PCIs, executive director for Intelligent Automation for the state of Tennessee. Folks, welcome to the cube. Thank you for Adam. >>Good >>To have you. Okay, I don't know if I messed up that title, Christina, but it's kind of interesting. You got process, you got ai, you got automation, you got gps. What's your role? >>I have a lot of rules, so thank you for that. Yeah, so my focus is first and foremost automation. So how do you get things like UI path into our clients, but also I focus specifically in our government and public sector clients. So sled specifically. So state local education. So that's why I'm here with the state of Tennessee. And then we also like to take it beyond automation. So how do you bring an artificial intelligence and all the technologies that come with that. So really full end to end spectrum of >>Automation. So Bob, when you think about the sort of the, the factors that are driving your organization of, how did you describe that, Those sort of external factors that inform your strategy. What, what's, what are the catalysts for how you determine to deploy technology? >>Well, it was primarily that we know tendency has a tendency to provide good customer service, but we want to get to a great status best in class, if you will. And we had an external advisory review where it said, Hey, you know, we could make automation to improve our customer experience. And so that was like a directive of the, the state leaders to go across the board and automate all processes statewide, starting with the 23 executive agencies. >>So where's the focus from that standpoint? Is it on just providing better interfaces to your constituents, your customers? Is it cutting costs or you actually have more budget to invest? Kind of a combination of >>Those? Yeah, so it's, it's really both qualitative and quantitative, right? So quantitative is where we're able to reduce hours and therefore we can redirect people to more less mundane work, if you will. And then qualitative is where we're able to reduce the errors, improve data quality, reduce cycle time for our citizens, you know, when they're making requests, et cetera. So it's, I think it's a combination of both of those quantitative and qualitative metrics that we are mandated in, in micromanaged, quite frankly to, to bring, make those >>Numbers. So I'm from Massachusetts, when I go to a a mass.gov website, I say, all this was done in the 1990s and you could just see where the different stovepipes were, were. But then every now and then you'll hit one and you'll say, Wow, okay, this is up to, it's such a great experience. And then the flip side of that is you want your employees to be happy and not have to do all this mundane work so you can retain the best people. You don't have to. So you're living that in, in state and, and local. So where did you start your automation journey? What role did EY play? Let's go. Yeah, >>Sure. So I, I, I think the thought for process automation was probably three or four years ago, but then we started the program about 18 months ago and there was a lot of, let's say behind the scenes work before we could bring EY in, you know, like what resources was I gonna have in, in the state that were gonna help me address all of the agency simultaneously, right? Cuz normally you'll see a project that'll do be more siloed across the state and say, we're gonna do this agency, we're gonna do this division. Well, you have 40 other agencies that are, you know, the momentum is it's just gonna fall, it wayside. So how we looked at it was let's blanket it and go across all 23 agencies at the same time, you know, identify common processes that are used across 40 divisions, for example, right? >>So, so what we basically did is we procured the software, you know, did the contracts, and then it was really about, I designed, I'm gonna say a multistream approach where they were, we could run multiple work streams, independent define all the architectures, required dev tests, production, the disaster recovery at the same time in parallel developed the center of excellence, the operation model, the processes, methodologies. And the third one was, let's go out to a few divisions, business administration, health, you know, health, human resources, and be able to do a process inventory to see what was there. And then based on that, there's all this theory of well let's do a proof of concept. Let's do a proof of technology, let's do apply. Well, the bottom line is rpa technology's been around for a long time. It's proven there's nothing to prove. But really what was important to prove before we decided to go, you know, full tilt was, you know, develop a proof of perceived business value. >>Are we gonna bring in the, the business value, the hours and the qu qualitative metrics that is expected by our ex executive team, The leadership, we were able to do that, you know, with the help of help of ey, we built out the prototypes and we got the green light to go forward, got ey to start, and then we just basically went pedal to the metal. We had our foundation already defined. We built up the architecture in less than one to two months. Now, in, in a public sector or private sector, it's just not heard of, right? But we have a tendency with EYs technical team, myself, we look around the, the road around the rock instead, the rock in the road, right? So we ended up coming up with a very unique, very easy to easy to handle architecture that was very scalable. And then were able to hit the ground running and deploy in production by December where head of >>Was EY involved in the whole, you know, dev test production, dr. Center of excellence, the, the process inventory or did you bring them in? Did you kind of do that internally then bring EY in for the proof of >>Value? EY was actually awarded the contract for soup to nuts, basically the first phase, which was those four work streams I told you about. And they worked with myself and the state of Tennessee infrastructure architecture teams. We needed to get these things defined and signed off the architecture so we could expedite getting them built out. And then they, and they basically ran all four work streams, you know, the process, inventory, the prototype, the, the proof of perceived business value, the building out the center of excellence, working with myself. And, and this wasn't just us in a, a vacuum, we ended up having to, I mean, I could do the strategy, I could do the technology and I could said the roadmap and all the good stuff, but we had to actually meet with a lot of the state or tendency organizations on change management. How do we end up putting this process or an automation in the middle of the, the normal traditional process, right? So there was a lot of interaction there and getting their feedback and then tweaking our operational model based on feedback from the state of Tennessee. So it was all very collective collaborative. I think that would be the keyword is collaborative and then building out everything. So then, and then we ended up going to the next way where they knew so much and we were, we had such a tight timeframe that we continued with ey. >>So Christina, Bob mentioned center of excellence a couple of times in the state of Tennessee, but then beyond state of Tennessee, other organizations you've worked with in this space, what's the relationship between center of excellence and this thing we've been hearing about over the last couple of days, the citizen developer has that been, has, has, has that been leveraged in the state of Tennessee? Bob, have you seen that leveraged in other places? Christina? What's that relationship look like? >>Yeah, so we don't leverage that, that model yet we have centralized model and there's reasons for that. So we don't end up having maverick's, runoff runoffs have one off, have, you know, have a a UI path version or down this division or have another RPA tool in another division, right? So then all of a sudden we're, we have a maintenance nightmare. Manageability nightmare. So we basically, you know, I I I negotiate an ELA with UI path, so therefore if anyone wants to go do another automation on another division, or they would basically follow our model, our design, our coe, our quality gates. We we're the gatekeepers to bring into production. >>Got it. Now, yeah. Now Christina, what's your perspective? Because I can imagine Nashville and Memphis might have very different ideas about a lot of things. Yeah. Little Tennessee reference there, but what, what, what about what, what about other places are you, are you seeing the citizen developer leveraged in, in some kinds of places more than others or >>What? Yeah. Yeah. And that's part of, because of the foundation we're building. Yeah. So we laid, you know, when, when Bob talks about the first phase of eight weeks, that was amazingly fast, even in that's ridiculous. Spoke about it to say you're gonna lay these four foundations. I was excited, like, I was like, wow, this, this is a very serious client. They wanna go fast and they wanna get that momentum, but the AUM was laid out so we could propel ourselves. So we are at 40 automations right now. We're in the works of creating 80 more automations in this next year. We'll be at 120 really quickly. The AUM is critical. And I will say at a client, I've, I've worked with over 50 clients on automation programs. The way state of Tennessee treats the aom and they abide by it, it is the living document of how you go and go fast. Got it. And the one thing I would say is it's also allowed us to have such immense quality. So I always talk about you put in forward, you put in another 80, we're at 98% uptime on all our automations, meaning they don't go down. And that's because of the AOM we set up. And the natural progression is going to be how do you take it to citizen developer? How do you take it to, we call, you know, process automation plus, >>But methodically, methodically, not just throwing it out at the beginning and, and hoping the chaos >>Works. Exactly. Exactly. And >>The ratio of of bots to automations, is that one to one or you have automation? Oh no, the single bot is doing multiple. So how many bots are you talking about? >>We're doing, Bob, you're gonna answer this better than I will, but the efficiency is amazing. We've been pushing that. >>So our ratio now, cause we have a high density architecture we put in is four bots, excuse me, four processes. The one bot and four bots, The one virtual machine EC two server. Right? So it's four to one, four to one. Now what we're going to get by next summer, we'll do more analysis. We'll probably get the six to one, six to one that's made serious shrinkage of our footprint from a machine, you know, management perspective from 60 down to seven right now we're gonna add the next chunk. We add another 80 automations in FIS gear 24. We're only gonna add two more bot, two more servers. Right? So that's only 10 running like close to 200 bucks. >>And, and is doing this on prem in the cloud? >>No, our, the architecture's fully >>Oh, cloud based >>Ct. Yeah. So we use UiPath SAS model. Yeah. Right. So that handles the orchestrator, the attended bots, all the other tooling you need automation hub, process minor et etc. Etc. Cetera. And then on the state side in aws we have, we use unattended bots, cert bots that have to go down into the legacy systems, et cetera. And they're sitting on EC two instances. >>Was there, was there a security not hole that you had to get through internally? What was that like? >>No, actually we, we, we were lock and step with the security team on this. I mean, there are some standards and templates and you know, what we had to follow, you know, but they're doing an assessment every single release, they do assessments on little bots, what systems it's activating or are accessing, et cetera. The data, because you have fedra data of FTI data, you know, in the public sector to make sure we're not touching it. >>Do you guys golf? >>I do, yeah. Not Well, yes, >>If you mean I I like golf but not don't golf well, but so you know what, what a mulligan is. If you had a Mulligan right, for the state of Tennessee, what'd you learn? What would you do differently? You know, what are some of the gotchas you see maybe Christina in, in other customers and then maybe specifically state of Tennessee, >>Right? I would say, you know, it is the intangibles. So when we talk about our clients that go fast and go big, like state of Tennessee, it's because that, that we call it phase zero that gets done that Bob did. It's about making sure you've got the sponsorship. So we've got executive sponsorship all the way up. You've got amazing stakeholder engagement. So you're communicating the value of what we're trying to do. And you're, you're showing them the value. We have been really focused on the return on investment and we'll talk a little bit about that, but it's how do you make sure that when you do, you know, states are different with those agencies, you have such an opportunity to maximize return on investment if you do it right, because you're not talking about automation in one agency, you're talking it across multiple agencies. We call that the multiplier effect. And that's huge. And if you understand that and how to actually apply that, the value you get is amazing. So I, I don't, I can't say there's a mulligan here, Bob, you may think of some, I know on other clients, if you don't line up your stakeholders and you don't set the expectations early on, you meander and you may get five, six automations in over the year. You know, when I go to clients and say, we're doing 40, we're doing 80, they're like, >>Wow, that's the, but that's the bottom line. Gotcha. Is if you, if you want to have an operational impact and have multiple zeros, you gotta go through that process that you said up front. >>Exactly. A >>Anything you do differently, Bob? >>Well, I I what I do differently, I mean, I think, I mean we, we did get executive sponsorship, you know, and in one area, but we still have to go out to all the 23 agencies and get, and bring awareness and kind of like set the hook to bring 'em in, right? Bring 'em to the, to the, to the lake. Right. And, and I think if, if it was more of a blanket top down, getting every agency to agree to, you know, in investigate automation, it would've been a lot easier. So we're, we're, we're getting it done. We've gone through 13 agencies already and less than a year, all of our releases are sprinkling across multiple agencies. So it's not like a silo. I'll look at that. Everyone at every agency is being impacted. So I think that's great. But I, I think our, our Mueller now is just trying to make sure we have enough backlog to do the next sprints. >>Is it, you know, the ROI on these initiatives is, is, is so clear and so fast. Is it self-funding? Is there gain sharing or do you just give business, give money back to the state and have to scramble for more? Do you get to, you know, get a lick off that cone? >>Unfortunately we don't, but I, I, I try to see if we could get some property like, nah, we don't do that. It's all cost, cost based. But, but our ROI is very attractive, I think for, for doing a whole state, you know, transformation. I think our ROI is three and a half to four years. Right. And that's pretty mind blowing. Even if you look at private sector or, I, I think some of the, the key things which people are noticing, even though we're in public sector, we're we are very nimble. This project is extremely nimble. We've had people come in, exactly, we need this, so we're gonna get penalized. Okay, knock it out in four hours, four days. Right? So it's that nimbleness that you just don't hear of even in private sector or public sector. And we're just able to do that for all the collaboration we do across ey, across myself and across all the other organizations that I, that I kind of drag along or what have, >>What do you, what do you, do you see any limits to the opportunities here? I mean, is this a decade long opportunity? Is you have that much runway >>Or that's just not my dna, so we're gonna, we're gonna probably do it like in four years, but Well, when >>You say do it, I mean, will you be done at that point? Or do you see the weight, >>Look at, you know, we could boil the ocean and I think this is one of the reasons why we're successful is we could boil the ocean and and be, it will be 10 attended 20 year program. Yeah. Okay. Or we looked at it, we had some of EY guys look at it and say, I said, what's the 25 80 rule? Meaning, you know, give me, So if we had 500 processes, tell me how many processes will gimme 80% of the hours. And it was 125, it was a 25 80 rule. I said, that's what we're doing it, we're doing, we're gonna do the 80% of the hours quantifiably. Now when we're done with that pass, then we'll have those other ones that are bringing 20% of the hours, that's when we might be bringing citizens in. That's what we're bringing state workers in. But at that same time, we will be going back in the wave and doing advanced ai. Right. Or advance ia, in other words. So right now we do rpa, ocr, icr, but you know, there's NL ml nps, there's virtual agents and stuff. So that's like the wave we're gonna do through the ones we've already gone through. Got it. Right. So it'll probably be a two or three wave or iterations. >>Cool. Guys, thanks so much for coming into the cube. Great story. Really appreciate you taking us through it. Thank you so much for having us. You're very welcome. All right, keep it right there. Dave Nicholson. The Dave ante. We back at UI path forward five from the Venetian in Las Vegas. Keep it right there.
SUMMARY :
Brought to you by Thank you for Adam. you got ai, you got automation, you got gps. So how do you bring an artificial intelligence and all the technologies that come with that. of, how did you describe that, Those sort of external factors that inform your strategy. but we want to get to a great status best in class, if you will. reduce cycle time for our citizens, you know, when they're making requests, et cetera. So where did you start your automation journey? Well, you have 40 other agencies that are, you know, to prove before we decided to go, you know, full tilt was, you know, got the green light to go forward, got ey to start, and then we just basically went Was EY involved in the whole, you know, dev test production, dr. And then they, and they basically ran all four work streams, you know, the process, inventory, you know, I I I negotiate an ELA with UI path, so therefore if Because I can imagine Nashville and Memphis might have very So we laid, you know, when, when Bob talks about the first And So how many bots are you talking about? We're doing, Bob, you're gonna answer this better than I will, but the efficiency is amazing. machine, you know, management perspective from 60 down to seven right the attended bots, all the other tooling you need automation hub, process minor et etc. Etc. I mean, there are some standards and templates and you know, what we had to follow, you know, but they're doing an assessment I do, yeah. If you had a Mulligan right, for the state of Tennessee, what'd you learn? on the return on investment and we'll talk a little bit about that, but it's how do you make sure that when you do, Wow, that's the, but that's the bottom line. Exactly. down, getting every agency to agree to, you know, in investigate automation, Is it, you know, the ROI on these initiatives is, So it's that nimbleness that you just don't hear of even in So that's like the wave we're gonna do through the ones we've already gone Thank you so much for having us.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Christina | PERSON | 0.99+ |
Christina Seacrest | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Bob Pucci | PERSON | 0.99+ |
Massachusetts | LOCATION | 0.99+ |
AUM | ORGANIZATION | 0.99+ |
five | QUANTITY | 0.99+ |
40 divisions | QUANTITY | 0.99+ |
Bob | PERSON | 0.99+ |
Bob PCIs | PERSON | 0.99+ |
23 executive agencies | QUANTITY | 0.99+ |
Tennessee | LOCATION | 0.99+ |
13 agencies | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Adam | PERSON | 0.99+ |
Cristina Secrest | PERSON | 0.99+ |
80% | QUANTITY | 0.99+ |
23 agencies | QUANTITY | 0.99+ |
six | QUANTITY | 0.99+ |
1990s | DATE | 0.99+ |
December | DATE | 0.99+ |
40 | QUANTITY | 0.99+ |
four days | QUANTITY | 0.99+ |
four years | QUANTITY | 0.99+ |
60 | QUANTITY | 0.99+ |
four hours | QUANTITY | 0.99+ |
98% | QUANTITY | 0.99+ |
eight weeks | QUANTITY | 0.99+ |
80 automations | QUANTITY | 0.99+ |
less than a year | QUANTITY | 0.99+ |
80 | QUANTITY | 0.99+ |
Nashville | LOCATION | 0.99+ |
one agency | QUANTITY | 0.99+ |
500 processes | QUANTITY | 0.99+ |
one | QUANTITY | 0.99+ |
40 other agencies | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
Venetian | LOCATION | 0.99+ |
seven | QUANTITY | 0.99+ |
Memphis | LOCATION | 0.99+ |
120 | QUANTITY | 0.98+ |
10 | QUANTITY | 0.98+ |
less than one | QUANTITY | 0.98+ |
next summer | DATE | 0.98+ |
four bots | QUANTITY | 0.98+ |
three | DATE | 0.98+ |
one bot | QUANTITY | 0.98+ |
single bot | QUANTITY | 0.98+ |
20 year | QUANTITY | 0.98+ |
four | QUANTITY | 0.98+ |
three and a half | QUANTITY | 0.97+ |
40 automations | QUANTITY | 0.97+ |
over 50 clients | QUANTITY | 0.97+ |
first phase | QUANTITY | 0.97+ |
25 80 rule | OTHER | 0.97+ |
FTI | ORGANIZATION | 0.97+ |
four years ago | DATE | 0.96+ |
first phase | QUANTITY | 0.96+ |
UI Path Forward | TITLE | 0.96+ |
phase zero | OTHER | 0.95+ |
Todd Foley, Lydonia Technologie & Devika Saharya, MongoDB | UiPath Forward 5
(intro upbeat music) >> TheCUBE presents UiPath Forward5, Brought to you by UiPath. >> Welcome to day two of Forward5 UiPath Customer Conference. You're watching theCUBE. My name is Dave Vellante. My co-host is David Nicholson. Yesterday, Dave, we heard about the extension into an enterprise platform. We heard about, from the two CEOs, a new go-to-market strategy. We heard from a lot of customers how they're implementing UiPath generally and automation, specifically, scaling, hyper-automation, and all the buzzwords you hear. Todd Foley is the CDO and CSO of Lydonia Technologies and Devika Saharya is the director of ERP and RPA at MongoDB. Folks, welcome to theCUBE. Thanks for taking time out of your busy day and coming on. >> Thank you Dave. >> Thank you so much. >> So let's start with the roles. So Devika, ERP and RPA. >> Yes. >> It's like peanut butter and jelly, or how do those things relate? What's your, what's your role? >> Absolutely. So I started at Mongo as an ERP manager, and you know, as we were growing, the one thing that came out of, you know, the every year goals for the company, one big goal that came out was how we have to scale. There are so many barriers to scale. How can we become a billion dollar company? What do we need to do? And when we started drilling down into, you know, different areas, we figured it out that people do a lot of stuff manually. It's like comparing sheets, you know, copying data from one place to the other, and so on and so forth. So one thing that we realized was we definitely need some kind of automation. At that time, we didn't know about automation, but we did our own market research and here we are. >> Let's automate. Yeah, right. (Devika laughs) Sounds easy. All right, thank you. Todd, CDO, Chief Data or Chief Dig, and CSO, I'm assuming Chief Data? >> Chief Data. >> And the Chief Information Security Officer. Tell us about Lydonia and also your role. >> Sure, Lydonia, we started just over three years ago. We looked at the RPA market. We saw great opportunity, but we also saw a challenge. We saw that a lot of people had deployed RPA but weren't getting the promised, you know, immediate ROI, rapid deployment that was out there. And when we looked at it, we saw that it really wasn't a technical challenge. Sometimes it was how technology was applied, but there were a lot of things that people were doing in their process and how they were treating RPA, often as if it were traditional technology that slowed them down. So we built our practice, our company, around the idea of being able to help people scale very quickly and drive that faster. And we're finding now with the RPA being pretty ubiquitous, that it's the one thing that's in the greatest demand among our clients. >> Okay, so you're the implementation partner for Mongo, is that right? >> We are. >> Okay, so relatively new. Very new actually, but a specialist. Why'd you choose Lydonia? >> So, that's an interesting question. When we came last year to UiPath Forward, we were looking for, you know, the right kind of people who can, you know, put us on track. We had the technology, we had everything in place, we did the POC, everybody liked it, but we didn't know how to, you know, basically go in that direction. We were missing that direction. And then we, you know, we were doing our homework here, we found, we accidentally stumbled with Lydonia, and I had follow up conversations with Todd, and they were just so tapered. I knew exactly what Todd was explaining me, and we knew we are, we are in safe hands. >> So, where did you start? >> So we, the first thing that we did was a POC for the finance side of business. And right after that POC, we realized that, you know, how much time people were actually investing manually, like things that were done in three to four days was turning into a 30 minute process. And that gave us, you know, the idea that we should start drilling down into different departments and try to find where there are, you know, areas where we can improve. And we did all of that. And then we met with Todd, and Todd explained that how his Reignite process works. So we took Reignite as our first step and, you know, took it from there. We chose one department, we worked with them. We had about 10 processes highlighted, thanks to Todd, he worked with them, and he literally drilled and nailed it down that what we need to do. And as of today, all those 10 are automated. >> Wow. Okay. >> Todd, does this interaction between Lydonia and MongoDB, as a customer, apply equally in the field when you're going out and talking to clients that might be running MongoDB, they might be customers of MongoDB, they may have financial applications that are backended with MongoDB, is there a synergy there that you've been able to gain? >> I think there is. I think there's one thing that's kind of unique about RPA, and that the traditional questions around integration and applicability aren't as important when you have a platform that can work with anything that people can use. I think also, you know, when we look at what we typically do with people, some of the things we see at Mongo are very common use cases you know, across all of our clients. So I, there's definitely the ability for us to take things we've done and have clients get leverage out of them. At the same time, the platform itself is, makes it different than a traditional model where, you know if somebody has worked in a particular area or built an automation for a particular application, there's some kind of utility to do it faster for another client. What we find is that that's not really the case. And that oftentimes we'll compete with people who use different tool sets than UiPath who have that kind of value story around having done it before, we come in and we do it twice as fast as they could. >> So you've, you're a veteran of complex integrations. >> Oh yeah. (Todd laughs) >> I know that from our paths have crossed in the past. So you're saying that in this world of RPA, that this tool set like UiPath as a platform, we've been talking a lot about the difference between being a tool set and being a platform. >> Right. >> That this platform can sort of hover above things without that same layer of complexity, or level of complexity, that you've experienced in the past. Because that speaks to the idea that UiPath, as a platform, is going to work moving forward in a big way. >> Exactly, right. I think we've seen for years and years that regardless of the type of development environment you're using, a developer's value sometimes is based on what reusable libraries they've created, what they have to cut and paste from their old code to be able to do things faster. The challenge with that is it has to be maintained, when things change, they've got to update those libraries. It's a value prop that's very high touch. With UiPath, they've created the ultimate in reusability. The platform, especially since they acquired cloud elements and built all of those API integrations into their platform. The platform maintains the reusability and the libraries in such a way where they're drag and drop from a development standpoint and you don't have to maintain them. It's the ultimate expression of reusability as a platform. >> Yeah, cloud elements, API automation, obviously a key pick by UiPath. Devika, what's the scale of your operation today? Like how many bots and where do you see it going? >> Yes. So we, we started with one bot. Last year we experimented a lot that, you know, we were just trying to make our footprint in the company, trying to understand that, you know, people understand what RPA is, what UiPath is. Initially we got a lot of pushback. We got a pushback from our security team as well, because they could not understand, you know, that what UiPath is and how secure it is. And we had to explain them that how we would host it over AWS, how we will work, how we will not save passwords, et cetera. When we did all of that and they got comfort, we started picking, you know, very small processes around to show, you know, people the capability of RPA and UiPath per se. When we did that, people started just coming with bigger processes, and one specific team that I can think of came that we do, you know, fuzzy logic in Excel, and we do it twice a week, but it takes a lot of time. We automated it, they run it daily, every single day, two times now. And the exponential growth that we saw just with that one automation was mind boggling. I couldn't believe that, you know. We were tracking our insights and we were like, oh my God, what happened? It just blew out of proportion. >> Okay. So then did you need more bots? Are you still running one bot, or? >> Nope. Now at the moment we have nine. >> Okay. >> And we are still looking to grow. >> Okay. So the initial friction, you said there was some, you know, concern, it was primarily security or were there others, people afraid they're going to lose their jobs? Was there any of that? >> There was no risk of losing the job. The major, you know, pushback was, one was from security, the other one was from different system owners because a lot of people were not sure why we want UI access, or why we want API access, and why are we accessing their systems? What type of information we are trying to gather out of their systems. Are we writing into their system? Because a lot of people have issues when we start saying that we will write or override data. So most of the processes that we are working around are either writing, comparing, and reading and comparing, and if it is writing, we take special permission that this is what we are going to do. >> So what did you have to do to get through the security mottle, a AWS SOC 2 report, did you have to show them the UiPath pen test? >> Absolutely. >> Did you have to change any of your processes? What was that sort of punch list like? >> Everything. >> Yeah. >> So we had to start from pen test. We had to start, we had to explain that UiPath is in the process of, you know, acquiring SOC. We also explained that how things are hosted on AWS. We had to, you know, bring our consultants in who explained that how on, on AWS, this will be a very secured way of doing things. And when we did our first process, which was actually for the auditors, which is, you know, interesting. >> Yeah. >> What we did was we did segregation of duties, which I think is very important in every field and every sphere we work in. So for example, the the writeup that we were building for auditors, we made sure that it is approved by a physical or a human, you know, and not everything is done by the bot. The biggest piece of the puzzle was writing, you know, because it was taking a lot of time. People were going into different systems, gathering information, putting it on Excel, and then you know, comparing and submitting it to PWC. >> When you say write, you mean any update to a system of record? >> Correct. >> Required some scrutiny? >> Some scrutiny, yes, yes. >> Okay, initially by a human until there was comfort level and then it's like these bots know what they're doing. >> Correct, correct. >> Okay. And now you're a NetSuite customer, correct? >> Yes. >> That's your ERP? >> That's right. >> Now we were talking about Oracle is going to acquire OCR capabilities. Will that, and we've been talking, Dave and I, a week about, okay well ServiceNow has, you know, RPA, and Salesforce, and SAP, et cetera. How will that affect your thinking about adopting UiPath? >> I don't think it should matter because I think all these systems kind of coexist in a bigger ecosystem, you know, and I also feel that all these systems have their own plus points and minus points. Not one system in, per se, can do everything within a company. So it could be that, for example, NetSuite might be very strong for financials in the space we are in, but not extremely good around sales and marketing. So for that company chose Salesforce. So you know, you have those smaller smaller multiple systems that build into a bigger ecosystem, right. And I think the other piece of the puzzle is that UiPath helps bridge that gap between these systems. You know, it could happen that certain things can get integrated, certain things cannot because of the nature of business, the nature of work that the teams are trying to do. And I think UiPath is leveraging that gap, you know, and putting, you know, those strings together. >> As you scale - >> Mm hmm. >> How will, and Todd I presume you're going to assist in this process, but how will you decide what processes to prioritize, and is that a process driven decision? Is it data led? Both? If so, what kind of data? Can you describe how you guys are going to approach that? >> Yep. Todd, would you like to take that first before I start? >> Sure, yeah. >> Maybe some best practices and then we can maybe get specific to Mongo. >> Absolutely. Our guidance is always that it should be a business decision, right? And it should be data driven, based on a business defined metric around the business case for that particular automation. Our guidance to customers is don't automate it unless you know why you're automating it, and what the value is. We see sometimes there are challenges with people being able to articulate the business case for an automation, and it can almost always be resolved by having that business case be the first step, and qualifying and identifying an automation candidate. >> And how does that apply to Mongo? Do you, where are you thinking about scaling, in your opinion? >> It's interesting because, you know, initially we thought that we will, you know, explore one area in MongoDB. And the other thing that we did was we did road shows. So because we had to create some awareness in the company that we have UiPath there's something called bots. There's something called, you know, automation that we can do, so we created a presentation with small demos inside it and, you know, circulated it within the company. Different departments tried to explain what we can achieve. And based off of that, you know, we came up with a laundry list of all the automations that different departments needed. And out of that, you know, we started doing the business case, the value, you know, trying to come up with complexity, effort. We did a full estimation matrix and based off of that we came, okay, these are the top 20 that we should build first. And as soon as we built those top 20, we saw a skyrocket, you know, growth and - >> And you're looking for hard dollars, right? >> Yes, yes. Absolutely. >> Okay, just to be clear. >> Devika, I think Mongo also is great at taking a data driven approach to looking at their program. Do you want to share how you do that? >> Yes, absolutely. So one thing that we were very sure was we have to talk in terms of numbers because that's the only solid way to see growth. And what we did was, you know, we got insights, we started doing full metrics in terms of dollar saved, hour saved, and we are trying to track how every process is impacting, you know, in the grand scheme of things. Like say for example, for finance, are we shortening the close cycle in any shape or form by doing these two or three automations that we are doing? And I'm happy to report that we have really shortened our close cycle from where we started. >> Your quarter end or month end close. >> Correct, yes. >> Daily? You at the daily close yet, (all laugh) or the "John Chambers"? >> Drive everyone nuts. First I have to say, I could feel the audience sort of smiling as they see, as they hear from MongoDB, disruptor of legacy databases being cautious in their internal approach to change. As everyone else is. >> Exactly, yeah. >> But Todd, just sort of, double clicking on this idea of kind of stove pipes of capabilities in the RPA space. I mean OCR, being added to NetSuite, I'm not sure if that's the greatest example, but the point is Lydonia will work with all of those technologies to synthesize something. Is that correct? Or are you a UiPath only? >> Both. So we exclusively use UiPath with our customers. We don't use other RPA platforms. >> Okay. >> And we don't because, not because we can't, but because we don't believe that anything else is going to be as quick or as effective. Also, it's the only platform that is as broad and comprehensive as it needs to be to deliver outcomes to our customers. We have partnerships with other companies that have gaps where UiPath isn't currently playing, but the number of companies and the number of gaps has shrunk down to almost nothing these days. And we're well placed as UiPath continues to grow their platform to take advantage of that and leverage that to deliver outcomes to customers. >> It was a great story of starting small, being careful. >> Yes. >> And prudent, from a security standpoint, especially as a public company. And then it sounds like there's virtually unlimited opportunity. >> Yes, absolutely, absolutely. >> For you guys. Great story, thank you very much for sharing it. Appreciate it. >> Thank you. >> All right, good luck. All right, thank you for watching. Keep it right there. Dave Nicholson and Dave Vellante will be back from UiPath Forward5 from the Venetian in Las Vegas. Be right back. (upbeat music playing)
SUMMARY :
Brought to you by UiPath. and all the buzzwords you hear. So Devika, ERP and RPA. that came out of, you know, the every year All right, thank you. And the Chief Information that it's the one thing Why'd you choose Lydonia? we were looking for, you And that gave us, you know, and that the traditional So you've, you're a veteran Oh yeah. have crossed in the past. Because that speaks to and you don't have to maintain them. where do you see it going? that we do, you know, So then did you need more bots? Now at the moment we have nine. So the initial friction, you that we will write or override data. We had to start, we had and then you know, comparing and then it's like these bots know And now you're a NetSuite ServiceNow has, you know, leveraging that gap, you know, Todd, would you like to take and then we can maybe unless you know why you're automating it, that we will, you know, Yes, yes. Do you want to share how you do that? automations that we are doing? I could feel the audience capabilities in the RPA space. So we exclusively use and leverage that to deliver It was a great story of And then it sounds like there's Great story, thank you All right, thank you for watching.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Todd | PERSON | 0.99+ |
David Nicholson | PERSON | 0.99+ |
Todd Foley | PERSON | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
two | QUANTITY | 0.99+ |
Dave | PERSON | 0.99+ |
30 minute | QUANTITY | 0.99+ |
Oracle | ORGANIZATION | 0.99+ |
Last year | DATE | 0.99+ |
two times | QUANTITY | 0.99+ |
Lydonia Technologies | ORGANIZATION | 0.99+ |
Excel | TITLE | 0.99+ |
three | QUANTITY | 0.99+ |
nine | QUANTITY | 0.99+ |
John Chambers | PERSON | 0.99+ |
Mongo | ORGANIZATION | 0.99+ |
last year | DATE | 0.99+ |
Both | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
first step | QUANTITY | 0.99+ |
AWS | ORGANIZATION | 0.99+ |
one department | QUANTITY | 0.99+ |
PWC | ORGANIZATION | 0.99+ |
today | DATE | 0.99+ |
10 | QUANTITY | 0.99+ |
First | QUANTITY | 0.99+ |
UiPath | TITLE | 0.99+ |
Devika Saharya | PERSON | 0.99+ |
one bot | QUANTITY | 0.98+ |
NetSuite | TITLE | 0.98+ |
first process | QUANTITY | 0.98+ |
four days | QUANTITY | 0.98+ |
Lydonia | ORGANIZATION | 0.98+ |
Yesterday | DATE | 0.98+ |
Devika | PERSON | 0.98+ |
UiPath | ORGANIZATION | 0.98+ |
twice a week | QUANTITY | 0.98+ |
MongoDB | TITLE | 0.98+ |
twice | QUANTITY | 0.97+ |
three automations | QUANTITY | 0.97+ |
first | QUANTITY | 0.96+ |
two CEOs | QUANTITY | 0.95+ |
SOC 2 | TITLE | 0.95+ |
Salesforce | ORGANIZATION | 0.95+ |
one big goal | QUANTITY | 0.95+ |
MongoDB | ORGANIZATION | 0.94+ |
Lydonia Technologie | ORGANIZATION | 0.94+ |
about 10 processes | QUANTITY | 0.93+ |
Dig | PERSON | 0.93+ |
ServiceNow | ORGANIZATION | 0.93+ |
Forward5 | EVENT | 0.92+ |
one system | QUANTITY | 0.92+ |
top 20 | QUANTITY | 0.92+ |
one | QUANTITY | 0.91+ |
day two | QUANTITY | 0.91+ |
one specific team | QUANTITY | 0.91+ |
Rob Enslin, UiPath & Daniel Dines, UiPath | UiPath Forward 5
>> Male: TheCUBE presents, UIPATH, Forward 5 brought to you by, UIPATH. >> Okay the party has started here at forward 5 UIPATH big customer event if you're watching the cube. We're wrapping up day one with the co-CE0 segment. Daniel Dines is here. He's the founder and Co-CEO of UIPATH and Rob Enslin, is co-CEO. Gents, great to see you. Thanks for spending some time with us. I know you're super busy. >> Thanks Dave. >> So I've been looking forward to this. Daniel you know I've followed the company for a long time. The really interesting path you took, to get to where you are today. How did you guys meet? And why did you decide to hire Rob? >> Male: (laughs) >> Rob: Well let me start. I uh, I was looking for a partner. Actually, in our work to your stand here, we are talking about how, how you feel in this job. You feel so alone. Because you are the center of all pressure points. And having a partner, having someone that has your back, it's kind of awesome. So I was looking for a partner. And our current friend, Carl Escenbach, he introduced us to each other, and we instantly clicked. And this is the type of job where it's uh either work well or it doesn't. It cannot be anything in the middle. >> Right, okay with Carl, we know Carl well. Awesome operator. Knows the business super well. So Rob, what attracted you to UIPATH? You had a great situation at google. You guys were growing like crazy. Why did you decide to come here? What did you see that attracted you? >> Yeah you know when I, when I went to google, I went to google because I really believed that data and AI was necessary for companies. And business is to be competitive in the future. And we did some great stuff at google cloud in the 3 years. But I knew UIPATH from a couple of years ago when they were mainly a RPA space. And I just felt that there was a place in time when automation was going expand. And as I sat down with Carl a couple of times, spoke to carl. And then I sat down with Daniel, I knew that there was something special with UIPATH, that could be a generational opportunity. Not any for myself but for the company in the future. And then I, you know I got to know Daniel. And at this stage of my career I was like, I'm pretty fussy about what I want to do and what I want and where I want to go. First of all, I want to go to a company that had great product, had a great culture, and I wanted to work with somebody that we could shake the future together and you know, Daniel and I just hit it off from the very first time we met. He got to meet my family, my dogs and we did the whole, we did the whole courting thing before we actually decided this was going to be a good thing for both of us. >> Dave: That's good. >> Rob: Yeah. >> Dave: You got to meet the family. That's very good. >> We just had, John Furrier and I just had, Mohit Aron and Sanjay Poonen into out studio. Cause Mohit, you know, formal google. Long time. And they decided to kind of split duties. Mohit's going into product, he didn't keep his CEO title. He walked. How are you guys splitting you time? What are each of you going to, responsible for? >> Daniel: Well its, its kind of similar. On a day by day operation I, I rely heavily on Rob. We do it together. Strategic decisions about the company's destiny. I'm doing mostly the product these days. Which is a big relief for me. And I think we also split a bit of customers visit. Which is great. I still enjoy meeting customers. I need, customers are food for my cause. >> Dave: (laughs) yeah and your awesome product visionary. You've been there since day one. Now Rob, you said in the key note today that you've seen around about a hundred customers. You've transverse the world. What did you learn from them that informed you? That gave you confidence that the the move to the internet platform, even though you had already started that. >> Male: Yeah. >> But you're really doubling down on that >> Rob: You know when I... >> from a stand point. >> Rob: You know Dave, when you think about it, like I was, I was so impressed that Daniel had the vision to create a platform 3 years ago. >> Dave: Yeah. >> All right. And as we went around the world. As I went around the world, and it was one of the very first things I've seen. I've got to understand how customers see UIPATH, from their advantage point. What are they looking for from us? Why is this company, why doe customers like this company so much? And as I went around the world. I went to Asia a couple, I went to Asia, Australia, Singapore, Japan. I was in Europe twice. We did the trip together. We went to visit customers. And it was very much the same thing. Helps us expand automation faster. And we are so surprise, at the break of your platform. We never knew that. And so it kind of just had, for me, it was conviction. It's like, this walls is the right decision you've made. There's so much opportunity there. And that's, you know that's kind of what I've learned through the last four five months. >> Dave: Now as you know Daniel, I've written a lot about your company. One of the things I've said is that, that start ups, if I can call you that back pre-IPO, typically don't have as much international exposure as UIPATH had. I mean you sort of, you sort of started as an international company and became more US centric. You said, in the, in the key note today, you're talking to Ray Wong about people may don't understand that challenges of FX. Point being, when you convert international dollars into US dollars there are less of them cause the dollars stronger. But still, I've always felt like that international footprint is an advantage. Rob you came from SAP, you know, again European based company. I don't, (stutters), do you regret that? Now? I mean I know it's technical, I'm sure you don't, but talk about that sort of international exposure? Why that's a long term benefit. >> Well, you, first of all, you expand faster. I think we expanded faster than our competition because our global footprint was larger. And we had the courage. Go in Japan, for instance. Everybody told me, it's impossible to make for such a small starter. It's impossible to make a business in Japan. But we didn't believe it. We're just crazy and we went there, and be built a very sizable business in Japan. Fifty-five percent of our revenue, even today, it's outside U.S. Now of course that has a down side. When uh, When the local currencies, you know, are losing the value compared to the dollars, we're impacted. As we go to... to investors, until now, so we are seeing like a (indistinct) in terms of ARI. It's huge. Only because (indistinct) and losing the business in Russia. But it still, it's the strength of our company. Things will come back. And then, you know, the growth engine will re-accelerate again. >> Dave: Yeah but when the dollars weakens that'll be in your favor. Rob I want to pick up on something you said today in your keynote. You went back and started, you know the cycles of ERP and you know, internet, et cetera. I kind of have a love hate with ERP. I have to be honest. >> Male: (laughing) >> But it, but but (chuckles) but if I go back to that. Late eighties nineties, you wouldn't have be able to pick SAP as the winner. And then SAP emerged. You know, very clearly. But the more interesting thing, is that the customers who are implementing ERP well. The practitioners did better than their peers, and dominated their industries. And their stocks went up. Their evaluations went up. Different worlds obviously but, do you see the same thing happening with RPA and automation? What gives you confidence that that's the case? >> I absolutely do see the same thing happening with automation and RPA being a part of, in being a part of that. The reason, the reason I believe that is speed is so critical. (stutters) And if you think about how hard it is for a CIO or a c level executive to consume the technology coming at them, plus all the changes in the world being thrown at them. It's compiling and compiling and compiling. We have an incredible solution, that can help companies. And there comes certain times, the love outcomes to the business. Like no one else gets. And when I see that, I view that as just like the beginning of what's going to happen in the future so, in many ways, and I've said this to many of my friends, it feels like 1992, 1993 to me. And it's interesting because no one really understood then why SAP would be great in 1992 and 93. And they got a couple of things right. They got the eco system right. Their new partners were important. And the knew they needed to drive business outcome for companies, in which they did. And so I feel like we are in a very similar place. Very different technology obviously. And the speed of change now is so dramatic, compared to what it was. And there's very few technology that can provide that level of speed and accomodation to their customers. >> All right, let's talk about priorities. You guys got a lot of work to do and you've, you've laid it out to the financial community. You've got to have profitable growth, because of FX, it part, you've lowered your forecast. But I think there's some conservative in their as well. Um, but you got to do that balance. You've given some guidance on gross margins. Cloud maybe brings that down a little bit. RnD I saw wide range. Thirteen to seventeen percent. I hope you keep spending on RnD. Big fan of that. You know stock buybacks and, RnD if in your position are going to be better. And the product priorities, continue to build that out. But question, let's start with the product. So you've got an on-prem stack and you've got a cloud stack that's emerging, how do you balance those out? How do you do the integration? You've done a great job with the integration. Does it, are you concerned about your ability to continue to work at that speed with two code bases? I wonder if you could address that? >> Daniel: We've become a cloud first company. We deliver all of our products first in the cloud. We've deliver on the two week (indistinct) in the cloud. So that helps us integrate quite fast. I think we made a very good business decision to build our cloud team in Seattle. In Bellevue to be specific. And we have access to great talent that knows how to build serious cloud service. Which is hard to find dollar. And uh, so, and also we, we have, we benef- one of our only benefits was, we have the really good architecture. We have an architecture that work easily on-prem and on the cloud. And even today, our work flow foundation, our local designers, were easy to modernize. So right now we are launching studio weapon. But behind the scene, it's the same workflow engine. Our customers don't have to rewrite anything. It just works. And it does the same to take our own brand product and brand it in the multicloud. So, it's, there is no friction at all. Actually cloud is just helping us accelerate. But we benefit then again of a really solid architectural foundation. >> Daniel: Architecture matters. We've seen that in this industry. We got the B52s rocking out in the background, I love it, but I've got so many questions for you guys. I want to talk about the go to market. Because Rob, it's obviously a strength of yours. You've come in. You've communicated to the street, that you're reshaping the sales floors. Are they lowering the ratios of sales? People, the customers at the high end, mid range as well, using digital. I mean the numbers are one to ten now. At the top. One to maybe fifty at the mid range. Where are you in terms of that journey? You've got to find people, you got to train them, how do you get the productivity out of those guys? Take us through your thinking there? >> Rob: Yeah firstly, I think we have enough resources. Having resources is not an issue. Um, we have an incredible vehicle to acquire customers inside the company. Our digital sales motion, it's probably the best I've seen. And so we have the ability to acquire customers really fast. And we get the first workload in really fast. The challenge is we need to, we need to be able to drive a (indistinct) model and we graduate customs when we acquire them into the direct sales floors. And then direct sales floors, we're not going to go one to thirty, we're talking one to ten for the direct sales floor. And even the high up in the pyramid, we want to have an even denser model than that. And the whole purpose is to drive the time to consumption much quicker, much faster. So we know exactly if we acquire a customer, will they spend? Do they have a (indistinct) spend? On what level do they have a (indistinct) spend? And therefore when we capture them, we can immediately surround them, and put the right resources so we can grow faster. We think this will have a significant impact on the organization. We'll start to implement certain pieces in the next quarter. Um, things like packaging solutions. Putting them in, enabling the sales organization. And buy the beginning of next year, we'll be ready to actually go full board, globally. We already put some pieces in place when I joined. Chris Weber, my chief business officer, did a great job doing some of those pieces. So we're on the journey already. >> Dave: Yeah and even before you guys were public and you weren't publishing your NRR numbers. Our ETR survey partner, we, we always thought you had very low churn. And I think you broke out just yesterday. The, the NRR for overseas vs U.S, U.S I think was 140 plus percent. >> Male: Yeah >> Very very strong. A little, a little less overseas but the churn is still very low. >> Male: Yep. >> Okay so that's super positive. Customer affinity, I was wanted to code these events. I listen to the key notes very carefully, and then interview customers on the cube, and I try to identify, is there alignment there? And I see very strong alignment, I have to say, and strong customer affinity. So that's in your favor. I have, Daniel, I got another question for you on product. What is Symantec automation? What the heck is that? Can you explain that? I don't understand >> Dave, have you seen the demo in my (indistinct)? >> Dave: You know, I had to leave and do interviews, so I, uh, I missed it. >> I think, I think that demo answer complete your question. So in the s-, you know there saying that great, you can not distinguish great technology by magic. I think technology should be simple. And we, we show today, one of the simplest demo that you can imagine. But it's so, such a complex technology behind the scene, that you also can not imagine. So what was demo? We show how one business user, without any technical skills, can build any type of document. Can be a passport, can be an invoice, can be a legal (indistinct), and just go, "I want to copy data from here, and I want to paste data there". Can be a spreadsheet, can be another obligation, and like a human user, without understanding, without having prior knowledge about data, document layout, about screens, screens layouts, nothing, we analyze real time. Document. We discover, we discover the meaning of the information. We analyze the screen. We understand the screen but we understand the meaning of the screen. And we understand how the information in one side relate to the other side. And we just connects the dots and we copy the information and we paste it. A job that you'll do as a human user, maybe three minutes, is done in ten seconds. This is powerful. >> Yeah that is powerful. Thank you for that. I mean, and you take the date, whether it's transaction data or unstructured data and and and bring meaning out of it. That's powerful. Last question and I'll let you guys go. Rob, you got traders, and you've got long term investors. All right traders going to be defensive, today. I get that. Make the case for UIPATH, for long term investors. >> Rob: I think we're going to be a multi-gern- multi-billion company and we're going to be a generational company of our time. And we will define enterprise automation. And it's going to be a long term game and we feel like really strong that we'll be the lead in that game. >> Dave: Guys, thanks so much for coming to the cube. Great show. Always fun at UiPath Forward. Really appreciate your time. Thank you. >> Thanks dave. >> Appreciate it as well. >> Okay wrap it up, day one, we're here tomorrow, first thing, Dave Vellante and Dave Nicholson. Thanks for watching, forward 5, Uipath big customer event, we'll see you tomorrow. (music)
SUMMARY :
brought to you by, UIPATH. Okay the party has started to get to where you are today. It cannot be anything in the middle. So Rob, what attracted you to UIPATH? And then I, you know I got to know Daniel. Dave: You got to meet the And they decided to kind of split duties. And I think we also split the move to the internet platform, that Daniel had the vision And that's, you know that's I mean you sort of, you sort of started When the local currencies, you know, I have to be honest. is that the customers who the love outcomes to the business. And the product priorities, And it does the same to I mean the numbers are one And so we have the ability to And I think you broke out just yesterday. but the churn is still very low. I listen to the key notes very carefully, to leave and do interviews, And we just connects the dots I mean, and you take the date, And it's going to be a long term game much for coming to the cube. we'll see you tomorrow.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Daniel | PERSON | 0.99+ |
Europe | LOCATION | 0.99+ |
Dave | PERSON | 0.99+ |
Chris Weber | PERSON | 0.99+ |
Japan | LOCATION | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Asia | LOCATION | 0.99+ |
Seattle | LOCATION | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
Carl Escenbach | PERSON | 0.99+ |
Carl | PERSON | 0.99+ |
Rob | PERSON | 0.99+ |
Singapore | LOCATION | 0.99+ |
1992 | DATE | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Rob Enslin | PERSON | 0.99+ |
Bellevue | LOCATION | 0.99+ |
Sanjay Poonen | PERSON | 0.99+ |
Russia | LOCATION | 0.99+ |
three minutes | QUANTITY | 0.99+ |
Fifty-five percent | QUANTITY | 0.99+ |
UIPATH | ORGANIZATION | 0.99+ |
Australia | LOCATION | 0.99+ |
Ray Wong | PERSON | 0.99+ |
Symantec | ORGANIZATION | 0.99+ |
thirty | QUANTITY | 0.99+ |
Thirteen | QUANTITY | 0.99+ |
tomorrow | DATE | 0.99+ |
Mohit | PERSON | 0.99+ |
ten seconds | QUANTITY | 0.99+ |
two week | QUANTITY | 0.99+ |
93 | DATE | 0.99+ |
U.S. | LOCATION | 0.99+ |
both | QUANTITY | 0.99+ |
1993 | DATE | 0.99+ |
ORGANIZATION | 0.99+ | |
one | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
yesterday | DATE | 0.99+ |
first | QUANTITY | 0.99+ |
Daniel Dines | PERSON | 0.99+ |
carl | PERSON | 0.99+ |
twice | QUANTITY | 0.99+ |
ten | QUANTITY | 0.99+ |
SAP | ORGANIZATION | 0.99+ |
fifty | QUANTITY | 0.99+ |
Nagarajan Chakravarthy, iOpex Technologies & John Morrison, T-Mobile | UiPath FORWARD 5
(upbeat music) >> theCUBE presents UiPath FORWARD5 brought to you by UiPath. >> Welcome back to Las Vegas, everybody you're watching theCUBE's coverage of UiPath FORWARD5. We're here at the Venetian Convention Center Dave Vellante with Dave Nicholson this morning. Dave, we heard these boomers, these thunder boomers. We thought it was the sound system. (Dave laughing) >> Thought it was something fake. >> But it was actually some crazy weather out here in Vegas. It's rare to see that kind of nuttiness out here. John Morrison is the director of Product and Technology at T-Mobile and Naga Chakravarthy is the Chief Digital Officer at iOpex. Guys, welcome. >> Thanks for having us. >> Next, so John, (commentator booming) so okay, we're serving automation. I don't know if you guys can hear that S0 let's just give him a second here. >> (Commentator) Three different tracks >> I think it's pretty loud. Probably coming through. Usually we don't get that. >> It's live. >> But, it is live. So John, we, we've interviewed a lot of customers that have automation in their title. Your title's, Director of product and technology. Obviously you're here 'cause you have an affinity to automation. But talk about your role and how automation fits into it. >> Sure. Well, I'm the director of product and technology and I oversee what we call the communication, collaboration and productivity applications and services for T-Mobile. Reason I'm here is we took over the automation program and automation is falling within to our productivity portfolio. So I'm here to learn about, from these experts and all these leaders within the UiPath and from our vendors as well. >> Okay. Now tell us about iOpex. So kind of an interesting name. Where'd that come from? I think cloud. When I think opex, but, get rid of my cap. Where's the name come from and what do you guys do? >> Actually we thought hard about what to name about 13 years back. You know, I think all of us, the whole team comes from a service background and then I think we believe that you need to have people and as a lot of operational activities were increasing, you know the dependency on people was also increasing. And we thought that there has to be an angle for us to be very unique in the market. So we thought, you know, I would say iOpex is currently at 3.0 and if you look at what 1.0 was, it's all about driving innovation in operation excellence, right? And the medium was technology. And today, if you ask me from operation excellence that is the base, we are actually looking at how do you drive innovation in operating experiences. That's where automation and all these things becomes very native to us. >> So the market just went right, right to you guys you were ahead of the game. And then, wow, now, >> I have to brag that we fortunately named it Opex, which can be interchangeably used for operation excellence or operating experience. >> Got it. >> So, so John, where did, where did it start? What was the catalyst for your automation journey? How did, was it the, was it the, the merger? Take us through that. >> Sure. So I look at our automation journey, like a crawl, walk, run journey for sure. It started with the partnership of UiPath and iOpex. We had an innovation lab. They came, they set up a proof of concept. Proof of concept was successful. I was then asked to build out an automation program for the T-mobile enterprise. Not having any experience within automation as we had discussed before usually you have automation within the title. We leaned heavily on our partners iOpex being main critical partner in that evolution. And so iOpex came in and helped us build that center of excellence and really helped us put that support team together so that we could be successful as we moved forward. Now, when we had both of those in place, we were able to go to the businesses and find opportunities and showcase what automation was all about. The problem is we were so green is that, you know, we'd go and we'd look at an opportunity, but that opportunity we'd deliver and then our pipeline would be empty and we'd have to go look for other opportunities. So we really had to present and get that executive sponsorship of automation for the enterprise. And I'm going to do a few shoutouts here. Giao Duong, John Lowe and our CIO Brian King, were critical in giving us what we needed to be successful. They gave us the expertise, the funds to do what we needed to, to build out this program. We utilized iOpex, UiPath to really get that expertise in place. And today, our pipeline, we have about 300,000 manual hours of labor savings that we'll deploy by the end of the year. That's a huge success. And that's where we're at right now. The run part of it is going to be, I'll wait. >> Wait. No, it's okay. So you went, you went from hunting to fishing in a barrel? >> Absolutely. Absolutely. So the, our next is focused on citizen development, building out that citizen development program, where we will be partnering with UiPath and iOpex to get that in place. And once we have that in place I feel like we're going to be ready to run and we'll see that program just kick off. But like I said before, 300,000 hours of savings in the first year of that program. That's incredible. And we're a large company and we'll, I mean we're just starting so it's going to be fun. >> So many questions. So Naga, is the COE where people typically start or is it sometimes a grassroot effort and then the COE comes later? How do you typically recommend approaching it? >> I think the fact that we started very small there was a clear mandate that we have to take a very strategic approach while we are solving a tactical problem to show that automation is the future and you need to solve using automation, right? And we not only looked at it just from a task automation standpoint, we were starting to look at it from a process, entire end to end process automation. And when we started looking at it, though we were tactically automating it, COE naturally fell in place. So, which means you need to evangelize this across multiple departments. So when you have to have, when you have to have evangelize across multiple departments, what is very important is you need to have the pod leaders identified let's say if you have to go to different departments it is somebody from John's team who's very capable of navigating through different departments' problem statements and how when you, when you navigate it you can rightly evangelize what is the benefit. And when it comes to benefit, right? You need to look at it from both the angles of operation excellence and what is it going to do from a growth standpoint of solving a future problem. So somebody internally within T-Mobile we were able to use very nice, you know John's team, you know, the COE naturally fell in place. All of them were at some point in time doing automation. And slowly it was a path that they took to evangelize and we were able to piggyback and scale it bigger. >> So in the world we're in, whether you're talking about cloud services that are created by hyper scale cloud providers or automation platforms from UiPath, between those shiny toys and what we want to accomplish with them in the world of business and everything else there are organizations like iOpex and you and John are working together to figure out which projects need to be done in a strategic, from a strategic viewpoint but you're also addressing them tactically. I'm curious, >> Yeah. >> How does that business model from an iOpex perspective work do you have people embedded at T-Mobile that are working with John and his folks to identify the next things to automate? Is it a, is it, where is the push and where is the pull coming from in terms of, okay now what do we do next? Because look, let's be frank, in the, from a business perspective, iOpex wants to do as much as it can a value for T-mobile because that's what, that's the business they're in. But, so tell me about that push pull between the two of you. Does that make sense? Yeah, So I'll say real fast that, yeah iOpex is actually part of the T-mobile team. They are embedded. >> Nicholson: Okay. >> We work with them daily. >> Nicholson: Okay. >> Right. They had the expertise they're passing along the expertise to our full-time employees. And so it's like we're all one team. So that should answer that one for sure there. >> Absolutely. Let me add one more point to it. See if, you know, I think with respect to T-Mobile I would say it's a little bit of a special case for us. Why I say that is, when we started the whole conversation of we need to drive automation with you there was a natural way to get embedded, you know as part of their team. Normally what happens is a team, a COE team works and say I will do the discovery and you guys can come and do the solution design. That was not the case, right? I think it was such a strategic investment that T-Mobile made on us, right? We were part of the discovery team. So, which means that we were able to take all the best practices that we learned from outside and openness to accept and start looking at it what's in it for us for the larger good that made us to get to what we call it as building a solution factory for T-Mobile. >> Vellante: I got a lot of questions. >> John: Yeah. >> John, you mentioned your CIO and a couple of other constituents. >> Yes. >> What part of the organization were they from? They helped you with funding, >> Yep. >> And maybe sort of gave you a catalyst. How did this all get funded? If I, if you could, Cause a lot of people ask me well how do I fund this thing? Does it fund itself? Do I do, is it an IT driven initiative line of business? >> So those executives were from the IT team. >> Vellante: Okay. For sure. But a lot of our programs start from grassroots ground up and you know a lot of vendors say, hey, you need it from the top down. This was a perfect example of getting it from the top down. We were working it, it was fine, but it wouldn't have taken off if we didn't have, you know, Brian King and John Lowe providing us that executive sponsorship, going to their peers and telling them about the program and giving us the opportunity to showcase what automation can do. >> How do you choose, I got so many questions I'm going to go rapid fire. How do you choose your automation priorities? Is it process driven? Is it data led? What's the right approach? >> I think it's a combination, right? One fundamentally guiding principle that we always look at is let it not be a task automation, right? Task automation solves a particular problem, but maybe you know, if you start looking at it from a bigger, you need to start looking at it from process angle. And when it comes to process, right? There are a lot of things that gets executed in the systems of record, in the form of workflow. And there's a lot of things that gets executed outside the systems of record, which is in people's mind. That's when data comes in, right? So let's say you use process mining tool of UiPath, you will get to know that there is a bottleneck in a particular process because it's cluttered somewhere. But you also have to look at why is this clutter happening, and you need to start collecting data. So a combination of a data science as well as a process science blends together. And that's when you'll start deciding, hey this is repetitive in nature, this is going to scale, this is an optimization problem. And then you build a scorecard and that scorecard naturally drives the, you know decision making process. Hey, it's going to drive operation excellence problem for me or is it going to be a true business benefit of driving growth? >> So I was going to ask you how you visualize it. You visualize it through, I guess, understanding of the organization, anecdotal comments, research digging, peeling the onion, and then you do some kind of scorecard like approach and say, okay these are the high, high opportunity areas. Okay. So combination. Got it. How about change management? Because Dave, you and I were talking about this before, big organizations that I know they have IT, they got an application portfolio. That application portfolio the applications have dependencies on each other. And then they have a process portfolio that is also related. So any change in process ripples through the applications. Any change in application affects other applications and affects processes. So how do you handle change management? >> So we actually have a change management team and we make sure that before we go forward with anything it's communicated what changes would be in place. And this change management team also does communications broadly for any of our applications, not just automation. So they partner close with iOpex, with our development teams on opportunities that are going out. You want to add anything? >> Yeah. So when it comes to change management, right? Well, John is front-ending all the changes relating to apps and stuff like that by having a steering committee, what really is the proactive thing that we end up doing is right when a bot goes live, there is a life support that we provide for the entire bot that's gone live. And the fundamentally core principle for that entire support to work good is you start looking at what's the benefit that the bot is giving more than that when a bot fails. Right? Why is the bot failing? Is it because the systems of records on which the bot is running? Is it that is failing? Or the inputs that is coming to the systems of record the data format, is it changing or the bot logic is failed? And once we set up a constant monitoring about that we were able to throw insights into the change management team saying that the bot failed because of various reasons. And that kind of compliments the whole change management process. And we get earlier notifications saying, hey there's going to be changes. So which means we go proactively look at, hey, okay fair enough, this systems of records, this data is going to change. Can we test this out in staging before you hit the production? So that way the change becomes a smoother process. >> And how quickly can you diagnose that? Is it hours, minutes, days, weeks, months? >> So, >> Vellante: Depends. >> It's a very subjective question. Right. If we know the pattern early then the SWAT team quickly gets into it and figure out how we could stop something, you know, stop the bot from failing. The moment the bot fails, you know, you need to basically look at how the business is going to going to get affected. But we try to do as much as we could. >> So Naga, I'm going to put you on the spot here. >> Please. >> As a partner of UiPath, this question of platform versus product. In order to scale and survive and thrive into the future UiPath needs to be able to demonstrate that it's more than a tool set, but instead a platform. What's your view on that in general? What differentiates a platform from a product? Does it matter to your organization whether UiPath moves in the direction of platform or not? >> I think, it is, it's undoubtedly platform, right? And a platform in my mind will constantly evolve. And once you think about it as a platform you will end up having a lot of plug and place. If you look at the way UiPath is evolving it is evolving as a platform. It used to be attended bot and unattended bot and plugged with Orchestrator. And if you look at it, the problem of solving the up chain and the down chain naturally came in process mining, task capture, made it up chain, a platform that solves the up chain. And then it slowly evolved into, hey I'm actually doing business process automation. Why could I not do test automation with the same skillset? So a platform will try to look at what is that, you know I've got in myself and how can I reuse across the enterprise? I think that is deeply embedded in the UiPath culture. And that's the kind of platform that, you know anybody like a system integrator like us, we do not have to multi-skill people. You just have to skill in one and you can interchange. That I would say is a good approach. >> So John, what's the future look like? What's the organization's appetite for automation? You know, is there an all you could eat kind of enterprise license approach? >> John: Yeah, so we are enterprise license. >> You are? Okay. >> So, and iOpex helped us move to the cloud so we can move quickly. That was definitely a benefit. The future of it, I would say citizen development is going to be key. Like I want citizen development within every business organization. I want them to be able to discover, deploy, you know, and and just use us, the center of excellence as support as needed. The appetite's there. Every group has automation within their goals or KPIs right? So it's there. We just need to be able to get in front of 'em. It's a large company. So I'm, '23 is going to be huge for us. >> Another fantastic story. I love that UiPath brings the customers to theCUBE. So thank you guys for telling your story. Congratulations on all your success. Good luck in the future. >> Yeah. Thank you. >> All right. Okay. Thank you for watching. This is Dave Vellante for Dave Nicholson UiPath FORWARD5. The bots are running around Dave. We're going to have to get one of the bots to come up here and show people a lot of fun at FORWARD. We're here in Vegas, right back, right after this short break.
SUMMARY :
UiPath FORWARD5 brought to you by UiPath. We're here at the John Morrison is the director I don't know if you guys can hear that Usually we don't get that. 'cause you have an affinity to automation. So I'm here to learn about, and what do you guys do? So we thought, you know, I right, right to you guys I have to brag that we How did, was it the, expertise, the funds to do So you went, you went from and iOpex to get that in place. So Naga, is the COE where to use very nice, you know and you and John are working together the next things to automate? So that should answer of we need to drive automation with you and a couple of other constituents. And maybe sort of gave you a catalyst. So those executives from grassroots ground up and you know How do you choose your and you need to start collecting data. So how do you handle change management? and we make sure that before to work good is you start and figure out how we could So Naga, I'm going to Does it matter to your organization that solves the up chain. John: Yeah, so we You are? So I'm, '23 is going to be huge for us. the customers to theCUBE. one of the bots to come
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
John | PERSON | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Nicholson | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
iOpex | ORGANIZATION | 0.99+ |
Brian King | PERSON | 0.99+ |
T-Mobile | ORGANIZATION | 0.99+ |
John Morrison | PERSON | 0.99+ |
John Lowe | PERSON | 0.99+ |
Vegas | LOCATION | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
two | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
iOpex Technologies | ORGANIZATION | 0.99+ |
Nagarajan Chakravarthy | PERSON | 0.99+ |
T-mobile | ORGANIZATION | 0.99+ |
Opex | ORGANIZATION | 0.99+ |
Naga | PERSON | 0.99+ |
One | QUANTITY | 0.99+ |
300,000 hours | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
UiPath FORWARD5 | TITLE | 0.98+ |
Venetian Convention Center | LOCATION | 0.98+ |
Giao Duong | PERSON | 0.98+ |
first year | QUANTITY | 0.98+ |
one | QUANTITY | 0.98+ |
theCUBE | ORGANIZATION | 0.97+ |
Ui | ORGANIZATION | 0.97+ |
'23 | DATE | 0.96+ |
opex | ORGANIZATION | 0.95+ |
one team | QUANTITY | 0.95+ |
about 300,000 manual hours | QUANTITY | 0.94+ |
Three different tracks | QUANTITY | 0.94+ |
Naga | ORGANIZATION | 0.88+ |
this morning | DATE | 0.86+ |
SWAT | ORGANIZATION | 0.86+ |
Vellante | PERSON | 0.84+ |
FORWARD5 | TITLE | 0.82+ |
UiPath | TITLE | 0.81+ |
end of | DATE | 0.78+ |
FORWARD | ORGANIZATION | 0.78+ |
one more | QUANTITY | 0.76+ |
about 13 years back | DATE | 0.75+ |
Ray Wang, Constellation & Pascal Bornet, Best-selling Author | UiPath FORWARD 5
>>The Cube Presents UI Path Forward five. Brought to you by UI Path, >>Everybody. We're back in Las Vegas. The cube's coverage we're day one at UI Path forward. Five. Pascal Borne is here. He's an expert and bestselling author in the topic of AI and automation and the book Intelligent Automation. Welcome to the world of Hyper Automation, the first book on the topic. And of course, Ray Wong is back on the cube. He's the founder, chairman and principal analyst, Constellation Reese, also bestselling author of Everybody Wants To Rule the World. Guys, thanks so much for coming on The Cubes. Always a pleasure. Ray Pascal, First time on the Cube, I believe. >>Yes, thank you. Thanks for the invitation. Thank you. >>So what is artificial about artificial intelligence, >>For sure, not people. >>So, okay, so you guys are both speaking at the conference, Ray today. I think you're interviewing the co CEOs. What do you make of that? What's, what are you gonna, what are you gonna probe with these guys? Like, how they're gonna divide their divide and conquer, and why do you think the, the company Danielle in particular, decided to bring in Rob Sland? >>Well, you know what I mean, Like, you know, these companies are now at a different stage of growth, right? There's that early battle between RPA vendors. Now we're actually talking something different, right? We're talking about where does automation go? How do we get the decisioning? What's the next best action? That's gonna be the next step. And to take where UI path is today to somewhere else, You really want someone with that enterprise cred and experience the sales motions, the packages, the partnership capabilities, and who else better than Roblin? He, that's, he's done, he can do that in his sleep, but now he's gotta do that in a new space, taking whole category to another level. Now, Daniel on the other hand, right, I mean, he's the visionary founder. He put this thing from nothing to where he is today, right? I mean, at that point you want your founder thinking about the next set of ideas, right? So you get this interesting dynamic that we've seen for a while with co CEOs, those that are doing the operations, getting the stuff out the door, and then letting the founders get a chance to go back and rethink, take a look at the perspective, and hopefully get a chance to build the next idea or take the next idea back into the organization. >>Right? Very well said. Pascal, why did you write your book on intelligent automation and, and hyper automation, and what's changed since you've written that book? >>So, I, I wrote this book, An Intelligent Automation, two years ago. At that time, it was really a new topic. It was really about the key, the, the key, the key content of the, of the book is really about combining different technologies to automate the most complex end to end business processes in companies. And when I say capabilities, it's, we, we hear a lot about up here, especially here, robotic process automation. But up here alone, if you just trying to transform a company with only up here, you just fall short. Okay? A lot of those processes need more than execution. They need language, they need the capacity to view, to see, they need the capacity to understand and to, and to create insights. So by combining process automation with ai, natural language processing, computer vision, you give this capability to create impact by automating end to end processes in companies. >>I, I like the test, what I hear in the keynote with independent experts like yourself. So we're hearing that that intelligent automation or automation is a fundamental component of digital transformation. Is it? Or is it more sort of a back office sort of hidden in inside plumbing Ray? What do you think? >>Well, you start by understanding what's going on in the process phase. And that's where you see discover become very important in that keynote, right? And that's where process mining's playing a role. Then you gotta automate stuff. But when you get to operations, that's really where the change is going to happen, right? We actually think that, you know, when you're doing the digital transformation pieces, right? Analytics, automation and AI are coming together to create a concept we call decision velocity. You and I make a quick decision, boom, how long does it take to get out? Management committee could free forever, right? A week, two months, never. But if you're thinking about competing with the automation, right? These decisions are actually being done a hundred times per second by machine, even a thousand times per second. That asymmetry is really what people are facing at the moment. >>And the companies that are gonna be able to do that and start automating decisions are gonna be operating at another level. Back to what Pascal's book talking about, right? And there are four questions everyone has to ask you, like, when do you fully intelligently automate? And that happens right in the background when you augment the machine with a human. So we can find why did you make an exception? Why did you break a roll? Why didn't you follow this protocol so we can get it down to a higher level confidence? When do you augment the human with the machine so we can give you the information so you can act quickly. And the last one is, when do you wanna insert a human in the process? That's gonna be the biggest question. Order to cash, incident or resolution, Hire to retire, procure to pay. It doesn't matter. When do you want to put a human in the process? When do you want a man in the middle, person in the middle? And more importantly, when do you want insert friction? >>So Pascal, you wrote your book in the middle of the, the pandemic. Yes. And, and so, you know, pre pandemic digital transformation was kind of a buzzword. A lot of people gave it lip service, eh, not on my watch, I don't have to worry about that. But then it became sort of, you're not a digital business, you're out of business. So, so what have you seen as the catalyst for adoption of automation? Was it the, the pandemic? Was it sort of good runway before that? What's changed? You know, pre isolation, post isolation economy. >>You, you make me think about a joke. Who, who did your best digital transformation over the last years? The ceo, C H R O, the Covid. >>It's a big record ball, right? Yeah. >>Right. And that's exactly true. You know, before pandemic digital transformation was a competitive advantage. >>Companies that went into it had an opportunity to get a bit better than their, their competitors during the pandemic. Things have changed completely. Companies that were not digitalized and automated could not survive. And we've seen so many companies just burning out and, and, and those companies that have been able to capitalize on intelligent automation, digital transformations during the pandemic have been able not only to survive, but to, to thrive, to really create their place on the market. So that's, that has been a catalyst, definitely a catalyst for that. That explains the success of the book, basically. Yeah. >>Okay. Okay. >>So you're familiar with the concept of Stew the food, right? So Stew by definition is something that's delicious to eat. Stew isn't simply taking one of every ingredient from the pantry and throwing it in the pot and stirring it around. When we start talking about intelligent automation, artificial intelligence, augmented intelligence, it starts getting a bit overwhelming. My spy sense goes off and I start thinking, this sounds like mush. It doesn't sound like Stew. So I wanna hear from each of you, what is the methodical process that, that people need to go through when they're going through digital trans transmission, digital transformation, so that you get delicious stew instead of a mush that's just confused everything in your business. So you, Ray, you want, you want to, you wanna answer that first? >>Yeah. You know, I mean, we've been talking about digital transformation since 2010, right? And part of it was really getting the business model, right? What are you trying to achieve? Is that a new type of offering? Are you changing the way you monetize something? Are you taking existing process and applying it to a new set of technologies? And what do you wanna accomplish, right? Once you start there, then it becomes a whole lot of operational stuff. And it's more than st right? I mean, it, it could be like, well, I can't use those words there. But the point being is it could be a complete like, operational exercise. It could be a complete revenue exercise, it could be a regulatory exercise, it could be something about where you want to take growth into the next level. And each one of those processes, some of it is automation, right? There's a big component of it today. But most of it is really rethinking about what you want things to do, right? How do you actually make things to be successful, right? Do I reorganize a process? Do I insert a place to do monetization? Where do I put engagement in place? How do I collect data along the way so I can build better feedback loop? What can I do to build the business graph so that I have that knowledge for the future so I can go forward doing that so I can be successful. >>The Pascal should, should, should the directive be first ia, then ai? Or are these, are these things going to happen in parallel naturally? What's your position on that? Is it first, >>So it, so, >>So AI is part of IA because that's, it's, it's part of the big umbrella. And very often I got the question. So how do you differentiate AI in, I a, I like to say that AI is only the brain. So think of ai cuz I'm consider, I consider AI as machine learning, Okay? Think of AI in a, like a brain near jar that only can think, create, insight, learn, but doesn't do anything, doesn't have any arms, doesn't have any eyes, doesn't not have any mouth and ears can't talk, can't understand with ia, you, you give those capabilities to ai. You, you basically, you create a cap, the capability, technological capability that is able to do more than just thinking, learning and, and create insight, but also acting, speaking, understanding the environment, viewing it, interacting with it. So basically performing these, those end to end processes that are performed currently by people in companies. >>Yeah, we're gonna get to a point where we get to what we call a dynamic scenario generation. You're talking to me, you get excited, well, I changed the story because something else shows up, or you're talking to me and you're really upset. We're gonna have to actually ch, you know, address that issue right away. Well, we want the ability to have that sense and respond capability so that the next best action is served. So your data, your process, the journey, all the analytics on the top end, that's all gonna be served up and changed along the way. As we go from 2D journeys to 3D scenarios in the metaverse, if we think about what happens from a decentralized world to decentralized, and we think about what's happening from web two to web three, we're gonna make those types of shifts so that things are moving along. Everything's a choose your end venture journey. >>So I hope I remember this correctly from your book. You talked about disruption scenarios within industries and within companies. And I go back to the early days of, of our industry and East coast Prime, Wang, dg, they're all gone. And then, but, but you look at companies like Microsoft, you know, they were, they were able to, you know, get through that novel. Yeah. Ibm, you know, I call it survived. Intel is now going through their, you know, their challenge. So, so maybe it's inevitable, but how do you see the future in terms of disruption with an industry, Forget our industry for a second, all industry across, whether it's healthcare, financial services, manufacturing, automobiles, et cetera. How do you see the disruption scenario? I'm pretty sure you talked about this in your book, it's been a while since I read it, but I wonder if you could talk about that disruption scenario and, and the role that automation is going to play, either as the disruptor or as the protector of the incumbents. >>Let's take healthcare and auto as an example. Healthcare is a great example. If we think about what's going on, not enough nurses, massive shortage, right? What are we doing at the moment? We're setting five foot nine robots to do non-patient care. We're trying to capture enough information off, you know, patient analytics like this watch is gonna capture vitals from a going forward. We're doing a lot what we can do in the ambient level so that information and data is automatically captured and decisions are being rendered against that. Maybe you're gonna change your diet along the way, maybe you're gonna walk an extra 10 minutes. All those things are gonna be provided in that level of automation. Take the car business. It's not about selling cars. Tesla's a great example. We talk about this all the time. What Tesla's doing, they're basically gonna be an insurance company with all the data they have. They have better data than the insurance companies. They can do better underwriting, they've got better mapping information and insights they can actually suggest next best action do collision avoidance, right? Those are all the things that are actually happening today. And automation plays a big role, not just in the collection of that, that information insight, but also in the ability to make recommendations, to do predictions and to help you prevent things from going wrong. >>So, you know, it's interesting. It's like you talk about Tesla as the, the disrupting the insurance companies. It's almost like the over the top vendors have all the data relative to the telcos and mopped them up for lunch. Pascal, I wanna ask you, you know, the topic of future of work kind of was a bromide before, but, but now I feel like, you know, post pandemic, it, it actually has substance. How do you see the future of work? Can you even summarize what it's gonna look like? It's, it's, Or are we here? >>It's, yeah, it's, and definitely it's, it's more and more important topic currently. And you, you all heard about the great resignation and how employee experience is more and more important for companies according to have a business review. The companies that take care of their employee experience are four times more profitable that those that don't. So it's a, it's a, it's an issue for CEOs and, and shareholders. Now, how do we get there? How, how do we, how do we improve the, the quality of the employee experience, understanding the people, getting information from them, educating them. I'm talking about educating them on those new technologies and how they can benefit from those empowering them. And, and I think we've talked a lot about this, about the democratization local type of, of technologies that democratize the access to those technologies. Everyone can be empowered today to change their work, improve their work, and finally, incentivization. I think it's a very important point where companies that, yeah, I >>Give that. What's gonna be the key message of your talk tomorrow. Give us the bumper sticker, >>If you will. Oh, I'm gonna talk, It's a little bit different. I'm gonna talk for the IT community in this, in the context of the IT summit. And I'm gonna talk about the future of intelligent automation. So basically how new technologies will impact beyond what we see today, The future of work. >>Well, I always love having you on the cube, so articulate and, and and crisp. What's, what's exciting you these days, you know, in your world, I know you're traveling around a lot, but what's, what's hot? >>Yeah, I think one of the coolest thing that's going on right now is the fact that we're trying to figure out do we go to work or do we not go to work? Back to your other point, I mean, I don't know, work, work is, I mean, for me, work has been everywhere, right? And we're starting to figure out what that means. I think the second thing though is this notion around mission and purpose. And everyone's trying to figure out what does that mean for themselves? And that's really, I don't know if it's a great, great resignation. We call it great refactoring, right? Where you work, when you work, how we work, why you work, that's changing. But more importantly, the business models are changing. The monetization models are changing macro dynamics that are happening. Us versus China, G seven versus bricks, right? War on the dollar. All these things are happening around us at this moment and, and I think it's gonna really reshape us the way that we came out of the seventies into the eighties. >>Guys, always a pleasure having folks like yourself on, Thank you, Pascal. Been great to see you again. All right, Dave Nicholson, Dave Ante, keep it right there. Forward five from Las Vegas. You're watching the cue.
SUMMARY :
Brought to you by And of course, Ray Wong is back on the cube. Thanks for the invitation. What's, what are you gonna, what are you gonna probe with these guys? I mean, at that point you want your founder thinking about the next set Pascal, why did you write your book on intelligent automation and, the key, the key content of the, of the book is really about combining different technologies to automate What do you think? And that's where you see discover become very important And that happens right in the background when you augment So Pascal, you wrote your book in the middle of the, the pandemic. You, you make me think about a joke. It's a big record ball, right? And that's exactly true. That explains the success of the book, basically. you want, you want to, you wanna answer that first? And what do you wanna accomplish, right? So how do you differentiate AI in, I a, I We're gonna have to actually ch, you know, address that issue right away. about that disruption scenario and, and the role that automation is going to play, either as the disruptor to do predictions and to help you prevent things from going wrong. How do you see the future of work? is more and more important for companies according to have a business review. What's gonna be the key message of your talk tomorrow. And I'm gonna talk about the future of intelligent automation. what's exciting you these days, you know, in your world, I know you're traveling around a lot, when you work, how we work, why you work, that's changing. Been great to see you again.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Daniel | PERSON | 0.99+ |
Microsoft | ORGANIZATION | 0.99+ |
Ray Wong | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Pascal | PERSON | 0.99+ |
Dave Ante | PERSON | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Ray Pascal | PERSON | 0.99+ |
Ray | PERSON | 0.99+ |
Pascal Borne | PERSON | 0.99+ |
two months | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
first book | QUANTITY | 0.99+ |
Tesla | ORGANIZATION | 0.99+ |
Everybody Wants To Rule the World | TITLE | 0.99+ |
2010 | DATE | 0.99+ |
Intel | ORGANIZATION | 0.99+ |
An Intelligent Automation | TITLE | 0.99+ |
Rob Sland | PERSON | 0.99+ |
C H R O | PERSON | 0.99+ |
A week | QUANTITY | 0.99+ |
four questions | QUANTITY | 0.99+ |
first | QUANTITY | 0.98+ |
tomorrow | DATE | 0.98+ |
second thing | QUANTITY | 0.98+ |
both | QUANTITY | 0.98+ |
two years ago | DATE | 0.98+ |
Pascal Bornet | PERSON | 0.98+ |
Danielle | ORGANIZATION | 0.98+ |
eighties | DATE | 0.98+ |
pandemic | EVENT | 0.98+ |
First time | QUANTITY | 0.97+ |
five foot | QUANTITY | 0.97+ |
one | QUANTITY | 0.94+ |
Hyper Automation | TITLE | 0.93+ |
five | QUANTITY | 0.92+ |
East coast Prime | ORGANIZATION | 0.92+ |
Ray Wang | PERSON | 0.92+ |
each one | QUANTITY | 0.91+ |
each | QUANTITY | 0.9+ |
Five | QUANTITY | 0.89+ |
nine | QUANTITY | 0.89+ |
10 minutes | QUANTITY | 0.89+ |
Constellation | ORGANIZATION | 0.88+ |
seventies | DATE | 0.88+ |
3D | QUANTITY | 0.87+ |
Pascal | TITLE | 0.84+ |
a thousand times per second | QUANTITY | 0.84+ |
a hundred times per second | QUANTITY | 0.84+ |
2D | QUANTITY | 0.83+ |
Intelligent Automation | TITLE | 0.82+ |
Wang | ORGANIZATION | 0.81+ |
Roblin | PERSON | 0.8+ |
Covid | PERSON | 0.79+ |
Stew | PERSON | 0.71+ |
Cubes | ORGANIZATION | 0.7+ |
The Cube | ORGANIZATION | 0.65+ |
last years | DATE | 0.65+ |
second | QUANTITY | 0.63+ |
G seven | OTHER | 0.61+ |
Reese | PERSON | 0.6+ |
web two | QUANTITY | 0.59+ |
China | LOCATION | 0.59+ |
UI | ORGANIZATION | 0.56+ |
Path | TITLE | 0.54+ |
every ingredient | QUANTITY | 0.53+ |
three | QUANTITY | 0.51+ |
UiPath | ORGANIZATION | 0.46+ |
UI | TITLE | 0.43+ |
web | OTHER | 0.37+ |
Bill Engle, CGI & Derrick Miu, Merck | UiPath FORWARD 5
>>The Cube presents UI Path Forward five. Brought to you by UI Path. >>Hi everybody. We're back at UI path forward to five. This is Dave Ante with Dave Nicholson. Derek Mu is here. He's automation product line lead for Merck. Thank you, by the way, for, you know, all you guys do, and thank you Dave for having in the, in the, in the vaccine area, saving our butts. And Bill Engel is back on the cube. He's the director at cgi. Guys, good to see you again. >>Good to see you. Thank >>You. So Merrick, Wow, it's been quite a few years for you guys. Take us through Derek, what's happening in sort of your world that's informing your automation strategy? >>Well, Dave, I mean as you know, we just came out of the pandemic. We actually have quite a few products like Gabriel Antiviral Pill. Obviously we worked, you know, continue to drive our products through a difficult time. But, you know, is during these can last few years that, you know, we've accelerated our journey in automation. We're about four years plus in our journey, you know, so just like the theme of this conference we're we're trying to move towards, you know, bigger automations, transformational change, continue to drive digital transformation in our company. >>Now Bill, you've been on before, but CGI tell people about the firm. It's not computer graphics imaging. >>Sure. No, it's, it's definitely not. So cgi, we're a global consultancy about 90,000 folks across the world. We're a, we're both a product company and a services company. So we have a lot of different, you know, software products that we deliver to our clients, such as CGI Advantage, which is a state local government EER P platform. And so outside of that, we, my team does automation and so we wrap automation around R IP and deliver that to our clients. >>So you guys are automation pros, implementation partners, right? So, so let's go back. Yep. Derek said four years I think. Yep. Right, You're in. So take us through what was the catalyst, how did you get started? Obviously it was pre pandemic, so it's interesting, a lot of companies pre pandemic gave lip service to digital transformation. Sounds like you guys already started your journey, but I'll come back to that. But take us back to the Catalyst four years ago. Why automation? We'll get into why UI path, >>Right. So I, I would say it started pretty niche in our company. Started first in our finance area. Of course, you know, we were looking in technology evaluating different companies, Blue Prism, ui P. Ultimately we chose UI p did it on-prem to start to use automation in sort of our invoice processing, sort of our financial processes, right? And then from there, after it was really when the pandemic hit, that's when sort of we all went to remote work. That's when the team, the COE continued to scale up, especially during pandemic. We were trying to automate more and more processes given the fact that more and more of our workers are remote, they reprocesses. How, how do you do events? You know, part of our livelihood is, is meeting with engaging with customers. Customers in this case is, are doctors and physicians, right? How do you engage with them digitally? How do you, you know, you know, a lot of the face to face contact now have to kind of shift to more digital, digital way. And so automation was a way to kind of help accelerate that, help facilitate that. >>You, you, I think you mentioned COE as in center of excellence. Yep. So, so describe your approach to implementing automation. It's, that sounds like when you say center, it sounds like something is centralized as, as opposed to a bunch of what we've been hearing a lot about citizen developers. What does that interaction >>Look like? We do have both. I would say in the beginning was more decentralized, but over time we, over the few years as, as we built more and more bots, we're now at maybe somewhere between four to 500 bots. We now have sort of internal to the company functional verticals, right? So there's an animal health, we have an animal health function. So there's, there's a team building engaging with the animal health business to build animal health box. There's human health, which is what I work on as well as hr, finance, manufacturing, research. And so internally there's engagement leads, one of the engagement leads that interact with the business. Then when there's an engineering squads that help build and design, develop and support and maintain those as well as sort of a DevOps team that supports the platform and maintains all the bot infrastructure. >>So you started in finance common story, right? I'm sure you hear this a lot Belt, How did you decide what to target? Was it, was it process driven decision? Was it, was it data oriented? Like some kind of combination? How did you decide, Do you remember? Or do you, could you take >>Us back to Oh yeah. So for, for cgi how we started to engage with MER is, you know, we, we do a lot of other business with Merck. We work on all their different business lines and we, we understand the business process. So we, we knew where there was potential for automation. So we brought those ideas to Merck and, and really kind of landed there and helped them realize the value from automation from that standpoint. And then from there the journey just continued to expand, you know, looking for those use cases that, that, you know, fit the mold for, for, for RPA to start. And now the evolution is to go to broader hyper automation. >>And, and was it CFO led into the finance department and then, or was it sort of more bottoms >>Up? Yeah, so, so I think it started in, in finance and, and, but we actually really started out in the business line. So out in regulatory clinical, that's, that's where we, we have the life science expertise that are embedded. And so I partnered with them to come up with, hey, here's a real solution we could do to help streamline, say submission archiving. So when, when submissions come back from the fda, they need to be archived into, you know, the, their system of record. So that's, those are the types of use cases that, that we helped automate. >>Okay. Cause you're saying a human had to sort physically archive that and you were able to sort of replicate that. Okay. And you started with software robots, obviously rpa and now you're expanding into, we we're hearing from UI this the platform message. How does that coincide Derek, with what you guys are doing? Are you sort of adding platform? What aspects of the platform are, are you adding? >>Yeah, no, I mean we are, we are on-premise, right? So we have the platform, but some of the cool things we just had, another colleague of mine presented earlier today. Some of the cool things we're, we're doing ephemeral infrastructure. So infrastructure as code, which essentially means instead of having all these dedicated bot machines, that that, you know, cuz these bots only in some cases run 10 minutes and they're done. So we're, we're soon of doing all on demand, you know, start up a server, run the bot when it's finished, you know, kill the server. So we only pay for the servers that we use, which allows us to save a whole >>Lot of money. Serverless bots. So you, but you're doing that OnPrem, so you >>No, >>No, but >>That's >>Cloud. We, >>We, we we're doing it OnPrem, but our, our bot machines that actually run the, let's say SAP process, right? We spin that machine up, it's on the cloud, it runs it finish, Let's say it's processed in one hour and then when it's done, we kill that machine. So we only play for that one hour usage of that bot machine. >>Okay. So you mentioned SAP earlier you mentioned Blue Prism when you probably looked at other competitors too. You pull the Gartner Magic quadrant, blah, blah, you know, with the way people, you know, evaluate technology, but SAP's got a product. Why UI path mean? Is it that a company like SAP two narrow for their only sap you wanted to apply it other ways? Maybe they weren't even in the business that back then four years ago they probably weren't. Right? But I'm curious as to how the decision was made for UiPath. >>Well, I think you hit it right on the nail. You know, SAP sort of came on a little later and they're specific to sort of their function, right? So UiPath for us is the most flexible tool can interact by UI to our sales and marketing systems, to, to workday, to service Now. It's, it cuts across every function that we have in the company as well as you're the most mature. I mean, you're the market leader, right? So Right. Definitely you, you continue to build upon those capabilities and we are exploring the new capabilities, especially being announced today. >>And what do you see Bill in the marketplace? Are you, are you kind of automation tool agnostic? Are you more sort of all in on? I >>Would say we are, we are agnostic as a company, but obviously as part of a, as an automation practice lead, you know, I want to deliver solutions to my clients that are gonna benefit them as a whole. So looking at UI path, you know, that this platform is, it covers the end to end spectrum of, of automation. So I can go really into any use case and be able to provide a solution that, that delivers value. And so that's, that's where I see the value in UI path and that's why CGI is, is a customer as well. We automate our internal processes. We actually have, we just launched probably SALT in the, in the market last week, expanded partnership with UiPath. We launched CGI, Excel 360. That's our fully managed service around automation. We host our clients whole UI path infrastructure and bots. It's completely hands off to them and they just get the value outta >>Automation. Nice, nice. Love >>It. Derek, you mentioned, you mentioned this ephemeral infrastructure. Yeah. Sounds like it's also ethereal possibility possibly you're saying, you, you're saying you have processes that are running on premises, right? But then you reach out to have an automation process run that's happening off pre and you're, and you're sort of, >>It's on the cloud, so, so yeah, so we have a in-house orchestrator, so we don't, we're not using your sort of on the cloud orchestrator. So, so we brought it in-house for security reasons. Okay. But we use, you know, so inside the vpn, you know, we have these cloud machines that run these automations. So, so that's, that's the ephemeral side of the, of the >>Infrastructure. But is there a financial angle to that in terms of when you're spinning these things up, are you, is it a, is it a pay by the drink or by the, by the CPU >>Hours, if you can imagine like we, you know, like I mentioned where somewhere between four to 500 bots and every bot has a time slot to run and takes a certain amount of time. And so that's hundreds and hundreds of bot machines that we in the old days have to have to buy and procure and, you know, staff and support and maintain. So in this new model, and we're just beginning to kind of move from pilot into implementation, we're moving all, all of bots this in ephemeral infrastructure, right? So these, okay, these machines, these bot machines are, you know, spun up. They run the, they, they run their automation and then they spin >>Down. But just to be clear, they're being spun up on physical infrastructure that is in your >>Purview and they spun up on aws. Yeah. Okay. And then they spin down. Okay, got >>It. Got it. Interesting. Four >>To 500 bots. You know, Daniel one point play out this vision of a bot chicken in every pot, I called it a bot for every employee. Is that where you're headed or is that kind of in this new ephemeral world, not necessary, it's like maybe every employee has access to an ephemeral bot. How, how are you thinking about that? >>That's a good question. So obviously the, the four to 500 is a mix of unattended bonds versus attended bonds, right? That, that we also have a citizen developer, sort of a group team. We support that as well from a coe. So, you know, we see the future as a mix. There's, there's a spectrum of, we are the professional development team. There's also, we support and nurture the personal automation and we provide the resources to help them build smaller scale automations that help, you know, reduce the, you know, the mundaneness and the hours of their own tasks. But you know, for us, we want to focus more and more on building bigger and bigger transfer transformational automations that really drive process efficiencies and, and savings. >>And what's the, what's the business impact been? You mentioned savings and maybe there's other sort of productivity. How do you measure the benefit, the ROI and, and >>Quantify that we, you know, I, I don't, I don't profess I don't think we have all the right answers, but yeah, simple metrics like number of hours saved or other sort of excitement sort of in like an nps, internal NPS between the different groups that we engage. But we definitely see automation demand coming from our, our functional teams going up, driving up. So it's, it's continued to be a hot area and hopefully we, we can, you know, like, like what the key message and theme of this, of this conference. Essentially we want to take and build upon the, the good work that we've done in terms of rpa and we want to drive it more towards digital transformation. >>So Bill, what are you seeing across the, your customer base in terms of, of, of roi? I'm not looking for percentages there. I'm sure they're off the charts, but in terms of, you know, you can optimize for fast payback, you know, maybe lower the denominator, you know, or you can optimize for, you know, net benefit over time, right? You know, what are you seeing? What are customers after they want fast payback and little quick hits? Or are they looking for sort of a bigger enterprise wide impact? >>Yeah, I think it's, it's the latter. It's that larger impact, right? Obviously they, you know, they want an roi and just depending upon the use case, that's gonna vary in terms of the, the benefits delivered. And a lot of our clients, depending on the industry, so in in life sciences it may be around, you know, compliance like GXP compliance is huge. And so that may may not be much of a time saver, but it ensures that they're, they're running their processes and they're being compliant with, you know, federal standards. So that's, that's one aspect to it. But you know, to, you know, a bank, they're looking to reduce their overall costs and and so on. But yeah, I think, I think the other, the other part of it is, you know, impacting broader business processes. So taking that top down approach versus kind of bottom up, you know, doing ta you know, the ones you choose the tasks is not as impactful as looking at broader across the entire business process and seeing how we can impact >>It. Now, Derek, when you guys support a citizen developer, how does that work? So, hey, I got this task I want to automate, I'm gonna go write a, you know, software robot. I'm gonna go do an automation. Do I just do it and then throw her to the defense? You guys, you guys send me a video on how to do it. Hold my hand. How's that work? >>Yeah, I mean, good question. So, so we obviously direct them to the UI path Academy, get some training. We also have some internal training materials to how to build a bot sort of internal inside Merck. We, we go through, we have writeups and SOPs on using the right framework for automations, using the right documentation, PDD kind of materials, and then ultimately how do we deploy bot inside the MER ecosystem. But I, I, maybe I'll just add, I think you asked the point about ROI before. Yeah. I'll also say because we're, we're a pharmaceutical company. I think one of the other key metrics is actually time saved, right? So if, if, if we have a bot that helps us get through the clinical process or even the getting a, a label approved faster, even if it's eight days saved, that's eight days of a product that can get out to the market faster to, to our patients and, and healthcare professionals. And that's, that, that's immeasurable benefit. >>Yeah, I bet if you compress that ELAP time of, of getting approval and so forth. All right guys, we've gotta go. Thanks so much. Congratulations on all the success and appreciate you sharing your story. Thank >>You so much. Appreciate it. You're welcome. >>Appreciate it. All right. Thank you for watching this Dave Ante for Dave Nicholson, The cubes coverage, two day coverage. We're here in day one, UI path forward, five. We'll be right back right after the short break. Awesome. >>Great.
SUMMARY :
Brought to you by by the way, for, you know, all you guys do, and thank you Dave for having in the, in the, Good to see you. Take us through Derek, what's happening in sort of your world that's Obviously we worked, you know, continue to drive our products through a difficult It's not computer graphics imaging. So we have a lot of different, you know, So you guys are automation pros, implementation partners, right? Of course, you know, we were looking in technology evaluating different companies, It's, that sounds like when you say center, So there's an animal health, we have an animal health function. you know, looking for those use cases that, that, you know, fit the mold for, you know, the, their system of record. that coincide Derek, with what you guys are doing? So we're, we're soon of doing all on demand, you know, start up a server, run the bot when So you, but you're doing that OnPrem, so you We, So we only play for that one hour usage of that bot machine. You pull the Gartner Magic quadrant, blah, blah, you know, with the way people, Well, I think you hit it right on the nail. So looking at UI path, you know, that this platform is, it But then you reach out to But we use, you know, so inside the vpn, you know, But is there a financial angle to that in terms of when you're spinning these things up, have to buy and procure and, you know, staff and support and maintain. And then they spin down. It. Got it. How, how are you thinking about that? the resources to help them build smaller scale automations that help, you know, How do you measure the benefit, the ROI and, and Quantify that we, you know, I, I don't, I don't profess I don't think we have all the right answers, you know, maybe lower the denominator, you know, or you can optimize for, depending on the industry, so in in life sciences it may be around, you know, you know, software robot. But I, I, maybe I'll just add, I think you asked the point about ROI before. Congratulations on all the success and appreciate you sharing your story. You so much. Thank you for watching this Dave Ante for Dave Nicholson, The cubes coverage,
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Merck | ORGANIZATION | 0.99+ |
Derek | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
one hour | QUANTITY | 0.99+ |
10 minutes | QUANTITY | 0.99+ |
Derek Mu | PERSON | 0.99+ |
Bill Engel | PERSON | 0.99+ |
Bill Engle | PERSON | 0.99+ |
eight days | QUANTITY | 0.99+ |
hundreds | QUANTITY | 0.99+ |
two day | QUANTITY | 0.99+ |
Blue Prism | ORGANIZATION | 0.99+ |
Daniel | PERSON | 0.99+ |
four | QUANTITY | 0.99+ |
last week | DATE | 0.99+ |
CGI | ORGANIZATION | 0.99+ |
Dave Ante | PERSON | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Excel 360 | TITLE | 0.99+ |
Derrick Miu | PERSON | 0.99+ |
both | QUANTITY | 0.99+ |
Bill | PERSON | 0.99+ |
Four | QUANTITY | 0.99+ |
four years ago | DATE | 0.99+ |
500 bots | QUANTITY | 0.99+ |
GXP | ORGANIZATION | 0.99+ |
today | DATE | 0.98+ |
SAP | ORGANIZATION | 0.98+ |
MER | ORGANIZATION | 0.98+ |
first | QUANTITY | 0.98+ |
one | QUANTITY | 0.97+ |
about 90,000 folks | QUANTITY | 0.97+ |
UI path Academy | ORGANIZATION | 0.97+ |
one aspect | QUANTITY | 0.97+ |
Gartner | ORGANIZATION | 0.97+ |
four years | QUANTITY | 0.96+ |
five | QUANTITY | 0.96+ |
UiPath | TITLE | 0.96+ |
500 | QUANTITY | 0.95+ |
CGI | TITLE | 0.95+ |
about four years | QUANTITY | 0.94+ |
ui P. | ORGANIZATION | 0.93+ |
pre | EVENT | 0.9+ |
vOps | ORGANIZATION | 0.9+ |
hundreds of bot machines | QUANTITY | 0.9+ |
pandemic | EVENT | 0.89+ |
UI Path Forward five | TITLE | 0.89+ |
one point | QUANTITY | 0.89+ |
earlier today | DATE | 0.86+ |
5 | QUANTITY | 0.86+ |
catalyst | ORGANIZATION | 0.83+ |
COE | ORGANIZATION | 0.83+ |
Catalyst | ORGANIZATION | 0.82+ |
Belt | PERSON | 0.78+ |
UI path | TITLE | 0.77+ |
path | TITLE | 0.77+ |
Merrick | PERSON | 0.77+ |
day one | QUANTITY | 0.75+ |
cubes | ORGANIZATION | 0.72+ |
every | QUANTITY | 0.72+ |
CGI Advantage | ORGANIZATION | 0.72+ |
Path | TITLE | 0.71+ |
pre pandemic | EVENT | 0.7+ |
UI path | ORGANIZATION | 0.68+ |
Gabriel Antiviral Pill | ORGANIZATION | 0.59+ |
Derk Weinheimer, Roboyo & James Furlong, PUMA | UiPath FORWARD 5
>>The Cube presents UI Path Forward. Five. Brought to you by UI Path. >>Welcome back to The Cube's coverage of UI Path Forward. Five from Las Vegas. We're inside. The formerly was The Sands, now it's the Venetian Convention Center. Dave Nicholson. David, Deb. I've never seen it set up like this before. UI Path's. Very cool company. So of course the setup has to be cool, not like tons of concrete. James Furlong is here, the Vice President of Supply Chain Management and projects at Puma. And Derek Weimer is the CEO of Robo, who's an implementation partner, expert at Intelligent Automation. Folks, welcome to the Cube. Good to see you. Great to have you on. >>Thank you. It's a pleasure. >>So what's happening at Puma these days? I love your sneakers, but you guys probably do more than that, but let's tell us about, give us the update on Puma. >>Yeah, absolutely. Puma's one of the world's leading sports, sports brands. So we encompass all things sports. We do footwear, we do apparel, we do accessories. Cobra, Puma golf is underneath our umbrella as well. So we get the added benefit of having that category as well. And yeah, trade, trade all over the world and it's an exciting, exciting brand to be with. >>And di Robo Atlanta based really specialists in intelligent automation. That's pretty much all you do, is that right? >>Yeah, we are a pure play intelligence automation professional services firm. That's all we do. We're the world's largest firm that focuses only on automation headquarter in Germany, but with a large presence here in Americas. >>So we hear from a lot of customers. We've heard from like with the journey it started, you know, mid last decade, Puma James is just getting started. We April you mentioned. So take us through that. What was the catalyst as you're exiting the, the pandemic, the isolation economy we call it? Yeah. What was the catalyst tell, take us through the sort of business case for automation. >>Sure, absolutely. So Puma, our mission is forever faster. It's, it's our mantra and something we live and breathe. So naturally we have an intense focus on innovation and, and automation. So with that mindset, the way this all kicked off is that I had the opportunity to go into some of our distribution facility and I was unbelievably impressed with the automation that I saw there. So how automation augmented the employee workforce. And it was just very impressive to see that some of our state of the art technology and automation at the same time. Then I went back to the office with that excitement and that passion and I saw that we had the opportunity to take that to our employee base as well. We sort of lacked that same intense focus on how do we take automation and technology like I saw at the distribution facilities and bring it to our employees because picture a large workforce of talented, dedicated employees and they just couldn't keep up with the explosive growth who's seen explosive growth over the last couple of years and they just couldn't keep up with it. So I said that that's it. We need to, to take that same passion and innovation and enter in hyper hyper automation. So we went to the leadership team and no surprise they were all in. We went with them with the idea of bringing hyper automation, starting with RPA to, to our office employees. And they were in, they support innovation and they said, Great, what do you need? Really? Go for it. >>The first question wasn't how much, >>Actually the first question I will say that the funny part is, is they said, Well I like this, it sounds too good to be true. And because it, it really does. If you're new to it like we were and I'm pitching all the benefits that RPA could bring, it does sound too good to me. True. So they said, All right, you know, we trust you and, and go for it. What do you need? Resources, just let us know. So sure enough, I had a proof of concept, I had an idea, but now what? I didn't know where to go from there. So that's where we did some intensive research into software suppliers, but also implementation partners because now we knew what we wanted to do. We had excitement, we had leadership buy-in now, now what do I do? So this is when we entered our partnership to figure out, okay, help Puma on this journey. >>How'd you guys find each other? You know, >>Just intensive research and spoke with a lot of people here. Is there a lot of great organizations? But at the end of the day, they really supported everything that Houma stood for, what we're looking to do and had a lot of trust in the beginning and Dirk and his team and how he could help us on this journey. Yeah. >>Now James, your, your job title system for supply chain management. It is, but I understand that you have had a variety of roles within the organization. Now if we're talking about another domain, artificial intelligence, machine learning. Yeah. There's always this concept of domain expertise. Yeah. And how when you're trying to automate things in that realm, domain expertise is critical. Yeah. You have domain expertise outside of your job title. Yeah. So has that helped you with this journey looking at automation, being able to, being able to have insight into those other organizations? >>Yeah, absolutely. And I think when we were pitching it to the leadership team in the beginning, that enabled me to look at each one sitting at the table and saying, alright, and on the sales, on a commercial side, I was a head of sales for one of the trade channels. I could speak directly to him in the benefits it could have with not with tribal knowledge and with an expertise. So it wasn't something that, it was just, oh, that's supply chain. I could sit, you know, with the, our CFO and talk to him about the, the benefits for his group merchandising and legal so on. I was really able to kind of speak to each one of them and how it would support, because I had that knowledge from being blessed of 15 years experience at, at Puma. So yeah, I was able to take all of that and figure out how do I make sure not just supply chain benefits from rpa, but how does the whole organization benefit from not only RPA but the hyper automation strategy. >>So what's an engagement look like? You start, I presume you, you gotta do some type of assessment and, and you know, of some upfront planning work. Yeah. What does that look like? How, what's the starting point? Take us through that >>Journey. Yeah, so exactly. So the, the key when you're trying to get value from Intel automation is finding the right opportunities, right? And you can automate a lot of things, but which are the things that are gonna drive the most value and, and the value that actually matters to the company, right? So where are you trying to get to from a strategic level, your objectives and how do you actually use automation to help you get to there? So the first thing is, what are the opportunities gonna help you do that? And then once you identify, what we recommend is start with something that's gonna be, you know, accessible, small, You're gonna get a quick win. Cuz then the important thing is once you get that out there, you build the momentum and excitement in the organization that then leads to more and more. And then you build a proper pipeline and you and you get that the, the engagement. >>So what was that discovery like? Was it you fly up there and do a, a chalk talk? Or did you already know James, like where you wanted to focus? >>Yeah, I knew I had a solid proof of concept with the disruptions in supply chain we couldn't keep up with, with all the changes and supply. So right away I knew that I have a very substantial impact on the organization and it would be a solid proof of concept. It was something that not only would supply chain steal, but our customers would feel that we would be servicing them better. Our sales team, the commercial team, marketing impacted everybody. But at the same time it was tangible. I saw two people that just physically couldn't get their, their work done despite how talented and hardworking they were. So I, I was in on that proof of concept and then I just took that idea with some strong advice from Dirk and and his team on, okay, well how do I take that? But then also use that to evangelize through the organization. What are some pitfalls to avoid? Because as a proof of concept, they just told me it's too good to be true. I believe in it. So it was so important to me that it >>Was successful. >>It get your neck out. Oh, I sure was. Which is a little scary, but I had confidence that we would >>Do it. But your poc you had to have a systems view. Yes. Right? Cuz you were trying to, I think you, I'm inferring that you had two people working really hard, but they couldn't get their job done. Yeah, for sure. They were just sitting on their hands. Right. Waiting. Okay. So you kind of knew where the bottlenecks were. Yes. And that's what you attacked and or you helped James and her the team think through that or, >>Yeah, exactly. So, so a couple points you were asking about her domain model of knowledge earlier, and I think that's really key to the puma's success with it, is that they've come at it from a business point of view, what matters to the business. And at the point, you know, supply chain challenges, how do we use automation to address that? And then, you know, and then it's gonna, it's actually gonna, you know, pick opportunities that are gonna matter to the business. Yeah, >>Yeah. At the same time, we, we knew this could be a scary thing, right? If it's not done right, you know, automation definitely can, can take a, a wrong path. So what we relied on them for is tell us how to make this successful. We wanted structure, we wanted oversight, we wanted to balance that with speed and really, you know, developing our pipeline, but at the same time, tell us how to do this right? How do we set up a center, our first ever center of excellence? They help us set that up. Our steerco, our process definition documents are like, they really helped us add that structure to how to make this successful, sustainable and make sure that we were standing things up the right way versus launching into a strong proof, proof of concept. But then it's not gonna be scalable if we didn't really take their strong advice on how to make this something, you know, that had the right oversight, the right investment. So that was, that was key as >>Well for us. So when you looked at the POC and James was saying there were potential pitfalls, what were those pitfalls? Like what did you tell Puma, Hey, watch out for this, watch out for that. What was sort of the best advice there? >>Yeah, so I think one is understanding complexity, right? So a lot of opportunities sound good, but you want to make sure that it's, it's feasible with the right tool set. And also that you're not bit off too much in the beginning is really important. And so some of that is that bringing that expertise to say, Okay, yeah, look, that does something, a good process. You're gonna get value out. It's not gonna be overly complicated. It's a good place to start. And then also, I guess the thing too to mention is it's more than just a technology project. And that's the thing that we also really focus on is it's actually as much about the change management, it's much about, you know, what is the right story, the business case around it, the technology actually in a way is the easy part and it's all the stuff around it that really makes the POC effective, >>Obviously the process. Yeah. Been the people I presume getting to adopt, >>Right? And I think, again, with our, our brand mantra forever faster, we, we get that support that the buy-in from the top is is there from, from the beginning. So that's a benefit that some companies don't, they don't have, right? They have a little resistance maybe from the top. We're trying to get everyone's buy in it. And we had that. So we had, you know, the buy-in the engagement, we were ready to go. So now we just needed someone to kind of help us. >>One more if I may. Yeah, yeah. Gabe, six months in. Yes. That's the business impact that, can >>You tell you? That was tremendous. Yeah. >>Really already six months. Wow. >>Yeah, >>Absolutely. Cfo, CFO's dream. Yeah. >>And again, and, and we had a CFO change mid, mid project. So the new CFO comes in, not new to Puma, the same thing. Super, super smart guy. And I had to sit and again pitch, you know, pitch what it is and the support that I needed by way of investment. And he saw the results and he was all in, you know, what do you need, what's next? And instantly was challenging his departments, Why don't he got competitive, right? We're a competitive bunch, so why don't you know, you should have more in the pipeline. And he was, he was bought in. So there was that fear of a new CFO coming in and how do you show value? Because some of it is, it's very easy to show right away, You know, we were able to refocus those two full-time employees on, on higher value chain activity and you know, they're doing a tremendous job and they're, you know, they have the, the bot and the automation supporting them. So he saw that right away. And we can show him that. But he also understands, as does the whole leadership team, the concept of downstream impacts that you can't necessarily, you know, touch and, and put on paper. So he sees some, but then he also recognizes all the other upstream and downstream impacts that it's had and he's all in and supports whatever, whatever we need. >>Yeah. New CFOs like George Seaford taking over for bill walls. >>Yeah, exactly. Exactly. We >>Have, we have to keep showing results and it has to be sustainable. So that's, again, we'll rely on our partnership to say, okay, this is the beginning, you know, what's next? Keep us, you know, honest on oversight and, and any pitfalls that we should avoid because he's excited. But at the same time, we need to make sure that we sustain those results and, and show what's next. Now they all gotta taste to the apple and they're very eager to see what's next in, in, in this hyper automation journey. >>Well, Dirk, you've partnered on this journey, this specific journey with, with, with Puma. But from your perspective in the broader marketplace, what would be the perfect low hanging fruit opportunity that you would like to have somebody call you and say, Hey, we've got, we've got this perspective engagement with a client. What would be the, what would be the like, Oh yeah, that's easy, that's huge roi really quickly, What does that look like? >>Yeah, I think there's, there's a few areas, right? You know, one task automation RPA is a, is a really good entry point, right? Because it's, it's, it's not overly complex. It doesn't involve a lot of complicated technologies. And I'd say the, the usual starting areas, you know, you, you finance back office, you know, shared service, invoice processing, you know, payables is a very good opportunity area. HR is also an area I would look at, you know, in new, new employee onboarding process or you know, payroll, et cetera. And then supply chain is actually becoming more and more, more common, right? So those would be I guess, top three areas I would mention. And >>Then, and then kind of follow onto that, what's the tip of this sphere? What's the sort of emerging market Yeah. >>For >>This kind of technology? >>I think there's two things. One, it's taking a holistic into end view and leveraging multiple, you know, technology, you know, beyond just rpa, right? You know, intelligent document processing, iml, you know, bringing all this to bear to actually do a true digital transformation. That's, that's number one. And then I'd say the second is going from focusing on cost and efficiency to actually getting into the front office and how do you, how do you actually increase revenue? How do you increase margin? How do you actually, you know, help with that, that top line growth. I think that's really, and that's where you're leveraging technologies, you know, like the, the AI as an example to really help you understand how do you optimize. >>So James, that's, that becomes then an enterprise wide initiative. Yeah. That's, that's, is that your vision? Maybe maybe lay that out for >>Us a bit. Yeah, ab absolutely. The, the vision is now that we've seen what, what it can do, how do we take it from being managed by just, you know, supply chain and this proof of concept cuz I manage projects, but now it's bigger than just a supply chain project. And how do we sort of evangelize that through the whole organization And you know, they mentioned on main stage this, the creation of new jobs and, and roles and how a, a company might set out their strategic directive now is, is changing and evolving. So you know that that's our idea now and that what we'll need support next is how should we structure now for success. And so that it's across the whole enterprise. But that's, that's the vision for >>Sure. What worries you do, you worried about it like taking off and getting outta control and not being governed and so you have to be a little bit careful there. >>Yeah, for sure. That was really important to us. And we actually got to leverage a lot of heavy lifting that Puma Global had done at the same time that we were coming up and, and thinking of the idea of rpa. They were having the same thoughts and they did a lot of heavy lifting again, about not only the software providers but also what does the structure look like, the oversight, a center of excellence globally. So we were able to really leverage a lot of best practices and SOPs that they had set out and we were able to kind of leverage those, bring those to Puma North America so that we didn't face that fear cuz that would be a limiting factor for us. So because we were so disciplined and we could leverage the work that they had done, that fear wasn't, wasn't there. Now we have to stay, you know, on top of it. And as people get excited, how do you kind of mirror the excitement and with it at the same time that the oversight and not getting, you know, too, too big, too fast. So that's the balance that we'll, we'll work through now. It's a good problem to have. >>Well, exactly. It is super exciting. Great story. Congratulations on, on the success and good luck. Thank you. Yeah, you very much for coming to the, Yeah. Thank you. Thank you. All right. And thank you for watching. Keep it right there. Dave Nicholson Andante right back, the cube live from Las Vegas UI path forward. Five.
SUMMARY :
Brought to you by So of course the setup has to be cool, not like tons of concrete. It's a pleasure. So what's happening at Puma these days? So we get the added benefit of having that category as well. That's pretty much all you do, is that right? Yeah, we are a pure play intelligence automation professional services firm. We've heard from like with the journey it started, you know, So we went to the leadership team and no surprise they were So they said, All right, you know, we trust you and, and go for it. But at the end of the day, they really supported everything that Houma stood for, what we're looking to do So has that helped you I could sit, you know, with the, our CFO and talk to him about the, the benefits for his and you know, of some upfront planning work. And then once you identify, what we recommend is start with something that's gonna be, you know, But at the same time it was tangible. but I had confidence that we would And that's what you attacked and or you helped James And at the point, you know, supply chain challenges, how do we use automation to address that? we wanted oversight, we wanted to balance that with speed and really, you know, So when you looked at the POC and James was saying there is it's actually as much about the change management, it's much about, you know, Obviously the process. you know, the buy-in the engagement, we were ready to go. That's the business impact that, That was tremendous. Really already six months. Yeah. And he saw the results and he was all in, you know, what do you need, Yeah, exactly. But at the same time, we need to make sure that we sustain those results and, hanging fruit opportunity that you would like to have somebody call you and say, you know, in new, new employee onboarding process or you know, payroll, et cetera. What's the sort of emerging leveraging multiple, you know, technology, you know, beyond just rpa, right? So James, that's, that becomes then an enterprise wide initiative. the whole organization And you know, they mentioned on main stage this, and so you have to be a little bit careful there. Now we have to stay, you know, on top of it. And thank you for watching.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
James | PERSON | 0.99+ |
Dirk | PERSON | 0.99+ |
Derek Weimer | PERSON | 0.99+ |
Dave Nicholson | PERSON | 0.99+ |
Germany | LOCATION | 0.99+ |
James Furlong | PERSON | 0.99+ |
Puma | ORGANIZATION | 0.99+ |
David | PERSON | 0.99+ |
Americas | LOCATION | 0.99+ |
George Seaford | PERSON | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
15 years | QUANTITY | 0.99+ |
Puma Global | ORGANIZATION | 0.99+ |
Gabe | PERSON | 0.99+ |
Deb | PERSON | 0.99+ |
first question | QUANTITY | 0.99+ |
two people | QUANTITY | 0.99+ |
puma | ORGANIZATION | 0.99+ |
six months | QUANTITY | 0.99+ |
two things | QUANTITY | 0.99+ |
One | QUANTITY | 0.99+ |
April | DATE | 0.98+ |
first | QUANTITY | 0.98+ |
Puma North America | ORGANIZATION | 0.98+ |
Puma James | ORGANIZATION | 0.98+ |
Robo | ORGANIZATION | 0.98+ |
Dave Nicholson Andante | PERSON | 0.98+ |
second | QUANTITY | 0.98+ |
Derk Weinheimer | PERSON | 0.96+ |
one | QUANTITY | 0.96+ |
mid last decade | DATE | 0.95+ |
Roboyo | PERSON | 0.94+ |
Five | QUANTITY | 0.94+ |
Venetian Convention Center | LOCATION | 0.94+ |
Cobra | ORGANIZATION | 0.94+ |
first thing | QUANTITY | 0.93+ |
Houma s | ORGANIZATION | 0.92+ |
The Sands | ORGANIZATION | 0.91+ |
Robo Atlanta | ORGANIZATION | 0.91+ |
two full-time employees | QUANTITY | 0.9+ |
UI Path | TITLE | 0.89+ |
pandemic | EVENT | 0.88+ |
three areas | QUANTITY | 0.86+ |
UI Path Forward | TITLE | 0.85+ |
PUMA | PERSON | 0.84+ |
POC | ORGANIZATION | 0.83+ |
each one | QUANTITY | 0.83+ |
each one | QUANTITY | 0.81+ |
one task | QUANTITY | 0.74+ |
Cube | ORGANIZATION | 0.74+ |
Cube | COMMERCIAL_ITEM | 0.69+ |
Vice | PERSON | 0.67+ |
Intelligent Automation | ORGANIZATION | 0.67+ |
last couple of years | DATE | 0.65+ |
UI Path | ORGANIZATION | 0.61+ |
Intel | ORGANIZATION | 0.59+ |
RPA | ORGANIZATION | 0.56+ |
5 | QUANTITY | 0.52+ |
tood | PERSON | 0.48+ |
UiPath | ORGANIZATION | 0.42+ |
Nevash Pillay & Javier Castellanos | UiPath FORWARD 5
The Cube presents UI Path Forward five. Brought to you by UI Path. >>We're back at forward five UI Paths, Big customer event. We're here in the Venetian, formerly the Sands Convention Center, Dave Ante and David Nicholson. Javier Castanos is here. He's the Robot Factory director. How's that for a title for Orange ESP Spania. And he's joined by Niva Pillow, who is Senior Director of Telecommunications Industry at UiPath. Folks, welcome to the Cube. Thank you. Thanks for coming on, Javier. Just off the keynote, it was really amazing to see what you were doing with your dashboard, how much you've operationalized automation, you really far down the journey. But I wanna start with your title. I've never seen this before. Robot Factory director, that's unique. What is that all about? >>Yeah, the Robot Factory is our brand to create the RPA journey to involve all the company in this amazing story regarding automation, because for us, automation is only a piece of the digital transformation and the culture transformation for the employees. >>Your robot factory obviously builds robots. Yeah. For employees and employees build them as well. >>Yeah, both. We have two different ways to, to build robots. We have a citizen developer program with more than 500 and employees certified in UiPath technology, and they build a small robot for the daily task for avoid repetitive task, very board. And in the other hand we have the robot factory team automating the business. The core business processes very complex in the telco industry, you know, and both teams working together, the community of employees, the best ambassadors for to find new opportunities and for discovery for robots and the robot factory are automating real complex processes to impacting our customer satisfaction. >>So if a, if a, if a citizen developer develops a robot, does the factory then have to audit it and make sure it's governed? Or do you add a, maybe I'm not such a good developer. Do you make it better? How does that collaboration work? >>The good thing is with you at Pat, you don't need to be a tech guy. You, you can be a finance guy and every morning you need a report, create an Excel, create a graph, put in a power point and send to your box. And you can create by your own a robot doing that task and going to the bending to take a coffee in, in the meantime that the robot is working. And as soon as you discover in your domain a complex tax, you can call us and say, Hey guys, I need your job because we need to ize this process. You need traceability. And we have a big savings below the desk. It's not only my health, it's the area work. >>Now, Navage, you specialize in the telecommunications industry. Now of course, the telcos are going through a massive transformation. It's almost, I call it revenge. The, the telcos now they're coming back with 5g. It's gonna be a great new future. But what kind of patterns are you seeing in the industry for automation? >>Sure. Look, as you said, telecoms going through quite a transformational era. There's this huge demand for connectivity around the whole world, and that presents opportunities and some challenges. But the key areas of focus right now is really helping the telecom achieve their strategic goals. And they include the customer experience at the most significant point, and thereafter driving a few more efficiencies and improving the employee experience. But organizations like Orange, you know, they start with the customer experience. These are large areas, but they tend to be the patterns where we are really helping telecoms transform and deliver better outcomes. >>Javi, I'm I'm curious about the concept of the citizen developer. Now you said that they don't have to have a deep technical background and they may come from finance or other places, but how do you, how do you recruit these people? What's in it for them? I, I can understand automating a process that is repetitive, mundane, something they don't want to do. But is there ever a concern that they might be automating themselves out of a job? >>Yeah, the, the people use Dex Excel and 30 years ago, Dex Excel does not assist and change our work. Your iPad technology is more or less the same. It's changing the way that you are working with your desktop every morning. You can create for your daily task a robot by yourself and executing your corporate desktop. And then you can save this time or use to improve your satisfaction as employee. Because sometimes in, in, in this kind of companies, we have a telecommunications engineering with a lot of talent making repetitive task. And with this technology, you can use your talent only to improve the processes. So we train these people in Miami, the training is very easy. A robot enter on the web searching, Google make different search regarding prices on, on device creates an Excel and only in a few hours that kind of people that we have in all companies that very easy excel some macros and these kind of things is the people prepared to jump to the next step to the robotization. So in all areas, in all departments, there are people prepared. In our company, 500 people. >>I, I'd like to get into a little mini case study if we could, and understand orange esp Spania is way deep. You should see this dashboard that Javier showed. I mean it's amazing, I think you said 7 million euro business benefit so far to date. But you can slice it and dice it and look at a lot of different angles. But where did you get started? Did you get started? Was it a bottoms up? In other words, an individual started to automate on their desktop. Was it a top down? The, the, the CEO said this is, we're gonna automate. How did it, I mean I'm sure you get this question a lot nivo, but where did it start at Orange? >>Yeah. Our story is very linked with the finance department because the citizen developer are saving internal hours and transforming the employee satisfaction and improving the talent and the reskilling of the people. But in the other hand, from the efficiency point of view, if you look for, for the finance approach, what happened, we, we take one profit and now domain perhaps 80% of the process. And next month the invoice reduce because your external cost disappear because the robot is making the task is improving the satisfaction of the customers. Because sometimes we have a, a human back office or another kind of task. And the compliance, the, the SLAs, the, the, the delay on time with all the people disappear with the robots because the robots are working at night. We can and repeating the job, 1, 1 1. And every tracking of that task are controlled by finance. Because if you save in a transaction three minutes, when you multiply for a thousand, a thousand, thousand tasks, you save on real time, you can see how much money you are saving and making the the things better. Not only a question of money is a question of money, but a attempt below that the customer is, is taking better experience for us. >>Robots don't sleep Nova. >>I never, >>So you started in finance and how much have you gone permeated other parts of the organization? What other parts of the organization are adopting RPA and automation? Where are you on that journey? >>More or less? Our eight, nine hundred and fifty three FTS equivalent robots working okay's like a contact center. It's robots navigating through the user interface applications, making transactions for our customers. So when you put in the middle of your customer relation, you can transform all because if a human agent is making a very complex process for, because telco is a complex market and very fast, perhaps the robot can help the human agent saving time and taking advantage of that part of, of the operations. And at the end, the operation is short and the customer satisfaction is better. And we measure the MPAs, the net, the net promoter score. And when you combine human agents with robots, the satisfaction improve because the transaction is made on real time very fast and doesn't fail. >>Is this a common story nivas that you're seeing in Telco in terms of the, the starting points? Does it tend to be bottoms up? Does it more top down? What are you seeing in >>Look, it actually varies by telecom. You know, Orange started their journey with us four years ago. So companies that have started while they tend to start in finance or IT or, or hr, but the customer experience I think is the ultimate area where many telecoms focus and what Harvey Edge just shared is it doesn't matter if a customer's calling you through a contact center or reaching you through a chatbot. They want their issue resolved at the first point. And what the robots do is they integrate information from multiple sources and provide that data to the agent so you can actually resolve the issue. And that is the beautiful example of humans and robots working together. Because if you know what the data's telling you, if it's a billing issue and a customer's been been billed because they have gone overseas and used international roaming and they weren't aware that the contract had that as a leader or a person in a contact center, you can make the right decision quite often. It takes a long time to find the data, but in this way you can actually address the issue real time, first point of resolution. And we're seeing up to 60% increase in first time resolutions across telecoms, irrespective of whether it's a chat bot or a contact center or a service desk. >>That's key. I mean, that's as a, that's consumer, that's what you just want to get off the phone or you want to get off the chat notice. So I have to ask you, what would you say is your secret to success? >>The secret is to be transparent with the organization, serve the savings and put on the table. We put on the table to the finance guys every month, all the robots that we put in production the month before and it's finance will declare officially the savings for each robot. As soon as you reach this, the credibility appear because it's not the robot factory team telling Aren, saving a lot of money of the company. No, no. It's the finance guys that trust on you. And as soon as you ask more money to buy more license or to improve the processes on whatever finance say, okay, these guys, as soon as we invest money in robots, we obtain twice or three times more by savings and they are improving not only for the quantity point of view, the quality is improving too. Because when you, a brief example, when you have a wifi problem connection and you call to our contact center, there is an ecosystem for more than 25 robots working from the beginning of your call, testing your line and making decisions. If we are going to send you a new router or you have a connectivity problem or, and the robot decide of, we are going to send to you a new install at your home and then the human manage you and take the conversation. But all the decisions are made by robots. So it's very powerful from the point of view of customer satisfaction. >>So what I'm hearing is you started four years ago. Yeah. And it, it, the ROI for your first instantiation was very fast, I presume inside of 12 months or what was the, how fast did you get a return with >>In the first three months we developed 25 robots and we saved more than 1 million to the company in three >>Months. In three months. Okay. So it was self-funding. >>Yeah. >>Right. You took that million dollars and you said, Okay, let's double down on that. Let's do it again. Do it again. Do it >>Again. It's only a question of resources and budget and only companies wants to create robots, but sometimes big companies only put on that one people to people. From the beginning of our story, we put 13 people and a budget. So if you have resources, the things happen be because the process are very accomplished. Sometimes you start one process. Sometimes our block, and we started at the beginning, a lot of process and imagine in telco we developed 900 processes, but every day we have a new opportunity for discovery. So I, I think the scalability is, is, is a challenge, but it's very, is possible if you put people and money >>And we, we focused on, we talk a lot in, in, in the broader IT world about the edge. And so I sort of think of these citizen developers as living at the edge. Part of your robot factory is at the core of the enterprise also. Is that, is that correct? Yes. >>Yes. >>Now what, what is, what has that looked like in terms of ROI cycles and development cycles? What kinds of projects do you work on at the core that are, that are different than what citizen soldiers are doing at the edge? >>Yeah. When, when we need to apply a discount or change your taif or switch on your bonus or your voicemail, that kind of transactions with impacting customers are made by the robot factory with robots made by the robot factory team. With a big traceability. With a big security because okay, with, with human awake the robot, we need to, to make a traceability because we have thousand of agents in the contact center working with robots and we have a lot of security disability and these kind of things. But in the other hand, internally we have a lot of task and a lot of processes for the citizen developers. There are very important tasks for the employee, perhaps not impacting in, in final customers, but we combine both. Because if you only work in one way, the citizen developer are making a lot of savings in terms of internal hours, but it's not real money. But in the other hand, you have the robot factory business processes impacting the money, combining both, you obtain the most powerful tool because the ambassadors, the, the, the employees are discovering you new opportunities. >>Last question, Javier, Why did you choose UiPath? What were the determining factors four years ago? >>Yeah, we, we were researching a lot in the market, but UiPath is pretty easy. You don't need to be an IT guy. People from, from customer care, people from finance in every areas. We have a lot of people learning this, this technology because it's easy, intuitive and very nice from the point of view of look and field. >>This a common story. This is really, we've reported on this a lot. This is how you UiPath really was able to get its foothold in the marketplace because of the simplicity. If you look at the legacy tools and even some of the modern tools, they were a lot more complicated. Now of course, UiPath is expanding its platform. So thank you very much. Don't welcome. Thank, thanks for coming. Thank you very much. Appreciate it. All right, you, you're gonna hear a lot of customer stories cuz that's what UI path brings in the cube. Proof is in the pudding. We right back at forward five from Las Vegas. Keep it right there.
SUMMARY :
Brought to you by UI Just off the keynote, it was really amazing to see what you were doing with Yeah, the Robot Factory is our brand to create the RPA journey to involve all Yeah. And in the other hand we have the robot factory team automating does the factory then have to audit it and make sure it's governed? And you can create by your own a robot doing that task and going to But what kind of patterns are you seeing in the industry for automation? But organizations like Orange, you know, Javi, I'm I'm curious about the concept of the citizen developer. It's changing the way that you are working with your desktop every morning. But you can slice it and dice it and look at a lot of different angles. But in the other hand, from the efficiency point So when you put in the middle of your customer but in this way you can actually address the issue real time, what would you say is your secret to success? We put on the table to the finance guys every So what I'm hearing is you started four years ago. You took that million dollars and you said, Okay, let's double down on that. So if you have resources, the things happen be because the at the edge. But in the other hand, you have the robot factory business processes You don't need to be an IT guy. If you look at the legacy tools and even some of the modern tools, they were a lot more complicated.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Javier | PERSON | 0.99+ |
Javier Castanos | PERSON | 0.99+ |
Orange | ORGANIZATION | 0.99+ |
David Nicholson | PERSON | 0.99+ |
Miami | LOCATION | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
80% | QUANTITY | 0.99+ |
twice | QUANTITY | 0.99+ |
Dave Ante | PERSON | 0.99+ |
Niva Pillow | PERSON | 0.99+ |
Javier Castellanos | PERSON | 0.99+ |
13 people | QUANTITY | 0.99+ |
Excel | TITLE | 0.99+ |
25 robots | QUANTITY | 0.99+ |
ORGANIZATION | 0.99+ | |
UiPath | ORGANIZATION | 0.99+ |
iPad | COMMERCIAL_ITEM | 0.99+ |
900 processes | QUANTITY | 0.99+ |
Robot Factory | ORGANIZATION | 0.99+ |
500 people | QUANTITY | 0.99+ |
more than 500 | QUANTITY | 0.99+ |
three | QUANTITY | 0.99+ |
one people | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
million dollars | QUANTITY | 0.99+ |
three months | QUANTITY | 0.99+ |
7 million euro | QUANTITY | 0.99+ |
first instantiation | QUANTITY | 0.99+ |
Nevash Pillay | PERSON | 0.99+ |
more than 25 robots | QUANTITY | 0.99+ |
more than 1 million | QUANTITY | 0.98+ |
one way | QUANTITY | 0.98+ |
three minutes | QUANTITY | 0.98+ |
Javi | PERSON | 0.98+ |
Telco | ORGANIZATION | 0.98+ |
next month | DATE | 0.98+ |
each robot | QUANTITY | 0.98+ |
four years ago | DATE | 0.98+ |
one process | QUANTITY | 0.98+ |
telco | ORGANIZATION | 0.98+ |
three times | QUANTITY | 0.98+ |
Venetian | LOCATION | 0.98+ |
four years ago | DATE | 0.98+ |
up to 60% | QUANTITY | 0.97+ |
both teams | QUANTITY | 0.97+ |
first point | QUANTITY | 0.97+ |
excel | TITLE | 0.97+ |
first three months | QUANTITY | 0.97+ |
four years ago | DATE | 0.97+ |
Navage | ORGANIZATION | 0.96+ |
first time | QUANTITY | 0.96+ |
five | QUANTITY | 0.95+ |
two different ways | QUANTITY | 0.95+ |
UI Path | TITLE | 0.94+ |
Path | TITLE | 0.94+ |
one profit | QUANTITY | 0.93+ |
thousand of agents | QUANTITY | 0.92+ |
Dex Excel | TITLE | 0.91+ |
30 years ago | DATE | 0.91+ |
Aren | ORGANIZATION | 0.9+ |
Spania | LOCATION | 0.88+ |
Pat | ORGANIZATION | 0.86+ |
a thousand | QUANTITY | 0.84+ |
thousand tasks | QUANTITY | 0.83+ |
UI | ORGANIZATION | 0.8+ |
nine hundred and fifty three FTS | QUANTITY | 0.77+ |
Cube | ORGANIZATION | 0.75+ |
Sands Convention Center | LOCATION | 0.75+ |
eight, | QUANTITY | 0.74+ |
five | TITLE | 0.73+ |
12 months | QUANTITY | 0.73+ |
Harvey Edge | PERSON | 0.71+ |
UI Paths | TITLE | 0.69+ |
UI | TITLE | 0.6+ |
UiPath | TITLE | 0.54+ |
Last | QUANTITY | 0.5+ |
5 | QUANTITY | 0.49+ |
5g | ORGANIZATION | 0.34+ |
Daniel Dines, UiPath | UiPath FORWARD IV
>> Announcer: From the Bellagio Hotel in Las Vegas, it's theCUBE, covering UiPath FORWARD IV brought to you by UiPath. >> Live from Las Vegas, it's theCUBE. We are wrapping up day two of our coverage of UiPath FORWARD IV. Lisa Martin here with Dave Vellante. We've had an amazing event talking with customers, partners, and users, and UiPath folks themselves. And who better to wrap up the show with than Daniel Dines the founder and CEO of UiPath. Welcome, Daniel, great to have you back on theCUBE. >> Oh, thank you so much for having me. I'm becoming a regular at theCUBE. >> Yeah, it's good to see you again. >> You are, this is your fifth... >> Fifth time on theCUBE. >> Fifth time, yes. >> Fifth time, but as you said before we went live, first time since the IPO. Congratulations. >> Thank you. >> UiPath has been a rocket ship for a very long time. I'm sure a tremendous amount of acceleration has occurred since the IPO. We can all see the numbers. You're a public company now, ARR of 726 million. You've got over 9,000 customers. We got the chance to speak with a few of them here today. We know how important the voice of the customer is to UiPath and how very symbiotic it is. But I want to talk about the culture of the company. How is that going? How is it being maintained especially since the big splashy IPO just about six months ago? >> Well, I always believe that in order to build a durable company, culture is maybe the most important thing. I think long lasting companies have very foundational culture. So we've built it, and we invested a lot in the last 5-6 years because in the beginning when it's just a bunch of people, they don't have a culture. It's maybe like a vibe of a group of friends. But then when you go and try to dial in your culture, I think it's important that you look at your roots and who are you? What defines you? So we ended up of this really core values, which is to be humble. To me, it's one of quintessential value of every human being. And all of us want to work with humble people much more inclined to listen, to change their mind. And then we say, you have to be humble, but you have to be bold in the same time. This rocket ship need a bold crew onboard. So you need to be fast because the fastest company will always win. And you need to be immersed because my theory with life and jobs is in whatever you do, you have to be immersed. I don't believe necessarily in life-work balance. I believe in life-work cycles, in life-work immersion. So when you are with family, you are immersed. When you work, you are immersed. That will bring the best of you and the best of productivity. So we try so much to keep our culture alive, to hire people that add to the culture, that nicely fit into the culture. And recently we took a veteran of UiPath and we appointed her as Chief Culture Officer. So I'm very happy of this move. So I think we are one of the few companies that really have a Chief Culture Officer reporting directly to the CEO. So we're really serious of building our culture along the way. And as I said yesterday in my keynote, I think our values are universal values. I think they have the value of the new way of working. All of us would like to work in a company, in an environment that fosters these values. >> I certainly think the events of the last 18 months have forced many more people to be humble and embrace humility. Because everybody on video conferencing, your dog walks in, your kids walk in, you're exposed. They have to be more humble because that's just how they were getting work done. I've seen and heard a lot of humility from your folks and a lot of bold statements from customers as well. We had the CIO of Coca-Cola on talking about how UiPath is fundamental in their transformation. I think that the fact that you are doing an event here in person, whereas as Dave was saying earlier this week, your competitors are on webcams is a great example of the boldness of this company and its culture. >> Well, thank you. I think that we've made a really good decision to do this event in person. Maybe on Zoom over the last 18 months, we kind of lost a bit how important is to connect with people. It's not only about the message, it's about the trust. And I think we are deeply embedded into the critical systems of our customers. They need to trust us. They need to work with the company that they look in their eyes and say, "Yes, we are here for you." And you cannot do it over Zoom. Even I really like Zoom and Eric Yuan is a friend of mine, but a combination I think, and going into this hybrid world, I think it's actually extremely beneficial for all of us. Meeting in person a few times a year, then continuing the relationship over Zoom in time, I think it's awesome. >> Yeah, and the fact that you were able to get so many customers here, I think that's, Lisa, why a lot of companies don't have physical events 'cause they can't get their customers here. You got 2000 customers here, customers and partners, but a lot of customers. I've spoken to dozens and they're easy to find. So I think that's one point I want the audience to know. You've always been on the culture train. And enduring companies, CEOs of great enduring companies, always come back to culture. So that's important. And of course, product. You said today, you're a product guy. That's when you get excited. You've changed the industry. And I think, I've never bought into the narrative about replacing jobs. I'd never been a fan of protecting the past from the future. It's inevitable, but I think the way you've changed the market, I wonder if you could comment is... You had legacy RPA tools that were expensive and cumbersome. And so people had to get the ROI and it took a long time. So that was an obvious way to get it is to reduce headcount. You came in and said, short money you can actually try it even a free version. You compressed that ROI and the light bulb went off, and so people then said, "Oh, wow, this isn't about replacing jobs, but making my life better." And you've always said that. And that's I think one way in which you've changed the market quite dramatically, and now you have a lot of people following that path. >> That was always kind of our biggest competitive advantage. We showed our customers and our partners, this is a technology that gives you the faster time to value and actually faster time to value translate into much higher return on investment. In a typical automation project, the license cost is maybe 5% of the project cost. So the moment you shrink the development time, the implementation time, you increase exponentially the return on investment. So this is why speaking about our roadmap, and we always start with this high level, how can we reduce the development time? So how can we reduce the friction? How can we expand the use cases? Because these are essential themes for us, always thinking customer first, customer value and that serves us pretty well really. We win a lot in all the contests where we go side by side with other competitors. It was a very simple strategy for us. Asking customers, "Just go and test it side-by-side and see," and they see. We implement the same process in halftime, half of resources involved. It's an easy math multiplied by a thousand processes and it's done. >> When theCUBE started Daniel in 2010. It was our first year. And so it coincided with big data movement. And we said at the time that the companies who can figure out how to apply big data are going to make a lot of money, more than the big data vendors. And I think in a way now the problem with big data was too complicated, right? There were only a few big internet giants who could figure out Hadoop and all that stuff. Automation, I think is even bigger in a way, 'cause it involves data. It involves AI, it's transformative. And so we're saying the same thing here. The companies that are applying automation, and we've seen a lot of them here, Coca-Cola, Merck, Applied Materials, on and on and on, are actually the ones that are going to not only survive but thrive, incumbents that don't have to invent AI necessarily or invent their own automation. But coming back to you 'cause I think your company can make a lot of money. You've set the TAM at 60 billion. I think it actually could be well over 100 billion, but we don't have to have that conversation here. It's just convergence of all these markets that guys like IDC and Gartner, they count in stove pipes. So anyway, big, no shortage of opportunity. My question to you is feels like you have the potential to build a next great software company and with the founder as the CEO, and there aren't a lot of them left. Michael Dell is not a software company, but his name is still, Larry Ellison is still there, Marc Benioff. How do you think about the endurance, the enduring UiPath? Are you envisioning building the next great software company, may take 20 years? >> People were asking me for a long time. Did you envision that you'd get here from the beginning? And I always tell them, no. Otherwise I would have been considered mad. (Lisa and Dave laughing) So you build the vision over time. I don't believe in people that start a small SaaS company and they say, "We are going to change the world." This is not how the world works. Really, you build and you understand the customer and you build more. But at some point I realized we change so much how people work, we get the best out of them. It's something major here. And if you look in history, we are in this trap that started with agriculture. This is the trap of manual, repetitive, low value tasks that we have to do. And it took the humanity of us. And I talked to Tom Montag about with this book "Sapiens". It's interesting and that book comes with the theory that our biggest quality is our ability to collaborate. Well, our technology gives people the ability to collaborate more. So, in this way, I think it's truly transformative. And yes, I believe now that we can build the next generation of software company. >> How do you like... That's the wrong question. How are you doing with the 90-day shot clock as Michael Dell calls it? It's a new world for you, right? You've never been a CEO of a public company, the street's getting to know you like, "Who is this guy?" I'll give you another cute story. There were three companies in the early CUBE days, Tableau, Splunk, and ServiceNow that had the kind of customer passion that you have. I think ServiceNow could be one of the next great software companies. Tableau now part of Salesforce. I think Splunk was under capitalized, but we see the same kind of passion here. So now you're the CEO of a public company, except the street's getting to know you a little bit. They're like, "Hmm, how do we read the guy?" All that stuff. That'll sort itself out. But so what's life like on the public markets? >> Well, I don't think anyone prepares you for the life of a public company. (Dave laughing) I thought it's going to be easier, but it's not, because we were used to deal with private investors and it's much easier because I think private investors have access to a lot more data. They look into your books. So they understand your business model. With public investors, they have access only to like a spreadsheet of numbers. So they need to figure out a business model, the trajectory from just a split. It's way more difficult. I've come to appreciate their job. It's much more difficult. So they have to get all the cues from how I dress, how do I say this word? They watch the FED announcements. What do they mean to say by this? And I and the shim we are first time in a job as a public company CEO, public company CFO. So of course it's a lot of learning for us and like in any learning environment, initial learning curve is tough, but you progress quite a lot. So I believe that over the next few quarters, we will be in the position to build trust with the street and they will understand better our business model, and they see that we are building everything for creating durable growth. >> It's a marathon, it's not a sprint. I know it's a cliche, but it really does apply here. >> You've certainly built a tremendous amount of trust within your 9,000 strong customer base. I think I was reading that your 70% of your revenue comes from existing customers. I think this is a great use case for how to do land and expand really well. So, the DNA I think is there at UiPath to be able to build that trust with the street. >> Yeah, absolutely. Our 9,000 plus customers, it's our wealth. This is our IP in a way. It's even better than in our pro. It's our customers. We have one of the best net retention rate in the industry of 144%. So that speaks volume. >> Lisa: It does. >> Automation for good. I know you've read some of the stuff I've written. I've covered you guys pretty extensively over the years. And that theme sounds like a lot of motherhood and apple pie, but one of the things that I wrote is that you look at the productivity decline and particularly in Western countries over the last two decades. Now I know with the pandemic and especially in 2021, productivity is going up for reasons that I think are understood, but the trend is clear. So when you think about big problems, climate change, diversity, income inequality, health of populations, overpopulation, on and on and on and on. You're not going to solve those problems by throwing labor at them. It has to be automation. So that to me is the tie to automation for good. And a lot of people might roll their eyes at it. But does that resonate with you? >> It totally resonates with me. Look at US. US population is not growing at the rates that we were used to. It's going to plateau at some point. It's just obvious. Like it plateaued in Japan, in Japan it's decreasing. US will see a decrease at some point. How do you increase the GDP? If your population is declining, productivity is declining. How do you increase GDP? Because the moment we stop increasing GDP, everything will collapse. The modern world is built on the idea of continuous economical growth. The moment growth stops, the world stops. We'll go back to our case and restart the engine. So, automation is hugely important in continuous GDP growth, which is the engine of our life. >> Which by the way is important because the chasm between the haves and the have-nots, that's how growth allows the people at the bottom to rise up to the middle and the middle to the top. So that's how you deal with that problem. You asked Tom Montag about crypto. So I have to ask you about crypto. What are your thoughts? Are you a fan? Are you not a fan? Do you have any wisdom? >> I have to admit, I never really understood the use cases of crypto. Technology behind crypto, blockchain is fascinating technology, but crypto in itself, I was never a fan. Tom Montag today gave me one of the best explanation of the very same. Look, Daniel, from Americans perspective we have the dollars, and this is the global currency. Crypto doesn't have so much sense, but think about a country like Columbia or Venezuela, countries where there people don't have so much trust in their currency, and where different political system can seize your assets from you. You need to be able to be capable of putting them into something else that is outside government context. I believe this is a good use case but I still don't believe that crypto is that type of asset that you know will survive the test of time. I think it's really too much... To me the difference between gold and Bitcoin is that it's too... You cannot replicate gold whatever you... It's impossible, unless you are God you cannot create gold two, right? It's impossible, but you can create Bitcoin 2. And at some point the fashion will move from Bitcoin 2 to Bitcoin 3. So I don't think the value that you can build in one particular crypto currency right now will stay over time. But it's just me. I was the wrong so many times in my life. >> You've been busy. You haven't had time to study crypto. >> I agree, totally agree. (Lisa and Dave laughing) >> What's been some of the feedback from the customers that are here. We saw yesterday a standing room only keynote. I'm sure it was great for you to be on stage again actually interacting with your customers and your partners. What's been some of the feedback as we've seen really this shift from an RPA point solution to an enterprise automation platform? >> Well, first of all, it was really great to be on stage. I don't know, I'm not a good presenter, really. But going there in front of people felt me with energy. Suddenly I felt a lot of comfort. So, I was capable of being myself with the people, which is really awesome. And the transition to a platform, from a product to a platform was really very well received by our customers because even in our competitive situations, when we are capable of explaining to them, what is the value of having an independent automation platform that is not tied to any big silos that application providers creates, we win and we win by default somehow. You've seen them now. So I think even the next evolution of semantic automation, this one is very well with our customers. >> Well, Daniel, it's been fantastic having you on. We have a good cadence here, and I hope we can continue it. On theCUBE, we love to identify early stage companies. Although as I wrote, you had a long, strange path to IPO because you took a long, long time and I think did it the right way to get product market fit. >> Absolutely. >> And that's not necessarily the way Silicon Valley works, double, double, triple, triple, and that you got product market fit, you got loyal customer base, and I think that's a key part of your success and you can see it and so congratulations, but many more years to come and we're really watching. >> Thank you so much. I'm looking forward to meeting you guys again. Thank you, that was awesome really. Great discussion. >> Exactly, good. Great to have you here in person and thanks for having us here in person as well. We look forward to FORWARD V. >> You will be invited forever. Thank you, guys, really. >> Forever, did you hear that? All right, for Daniel Dines and Dave Vellante, I'm Lisa Martin. This is theCUBE's coverage of UiPath FORWARD IV day two. Thanks for watching. (upbeat music)
SUMMARY :
brought to you by UiPath. than Daniel Dines the Oh, thank you so much for having me. Fifth time, but as you of the customer is to UiPath And then we say, you have to be humble, is a great example of the And I think we are deeply embedded Yeah, and the fact So the moment you shrink But coming back to you the ability to collaborate more. the street's getting to know And I and the shim we I know it's a cliche, but So, the DNA I think is there at UiPath We have one of the best net retention rate is that you look at the and restart the engine. So I have to ask you about crypto. of the very same. You haven't had time to study crypto. (Lisa and Dave laughing) What's been some of the feedback And the transition to a platform, to IPO because you took a long, long time and that you got product market fit, Thank you so much. Great to have you here in person You will be invited forever. Forever, did you hear that?
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Vellante | PERSON | 0.99+ |
Marc Benioff | PERSON | 0.99+ |
Lisa Martin | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
Daniel | PERSON | 0.99+ |
Tom Montag | PERSON | 0.99+ |
Michael Dell | PERSON | 0.99+ |
2010 | DATE | 0.99+ |
Merck | ORGANIZATION | 0.99+ |
Larry Ellison | PERSON | 0.99+ |
Eric Yuan | PERSON | 0.99+ |
70% | QUANTITY | 0.99+ |
Daniel Dines | PERSON | 0.99+ |
Coca-Cola | ORGANIZATION | 0.99+ |
Lisa | PERSON | 0.99+ |
Applied Materials | ORGANIZATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
5% | QUANTITY | 0.99+ |
Japan | LOCATION | 0.99+ |
20 years | QUANTITY | 0.99+ |
fifth | QUANTITY | 0.99+ |
144% | QUANTITY | 0.99+ |
yesterday | DATE | 0.99+ |
2000 customers | QUANTITY | 0.99+ |
Fifth time | QUANTITY | 0.99+ |
Daniel Dines | PERSON | 0.99+ |
Gartner | ORGANIZATION | 0.99+ |
60 billion | QUANTITY | 0.99+ |
FED | ORGANIZATION | 0.99+ |
three companies | QUANTITY | 0.99+ |
one | QUANTITY | 0.99+ |
Sapiens | TITLE | 0.99+ |
first time | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
pandemic | EVENT | 0.99+ |
Splunk | ORGANIZATION | 0.98+ |
726 million | QUANTITY | 0.98+ |
one point | QUANTITY | 0.98+ |
Las Vegas | LOCATION | 0.98+ |
over 9,000 customers | QUANTITY | 0.98+ |
IDC | ORGANIZATION | 0.98+ |
2021 | DATE | 0.98+ |
TAM | ORGANIZATION | 0.97+ |
US | LOCATION | 0.97+ |
Venezuela | LOCATION | 0.97+ |
dozens | QUANTITY | 0.97+ |
9,000 plus customers | QUANTITY | 0.97+ |
earlier this week | DATE | 0.97+ |
ServiceNow | ORGANIZATION | 0.97+ |
day two | QUANTITY | 0.96+ |
Zoom | ORGANIZATION | 0.96+ |
Bitcoin | OTHER | 0.96+ |
UiPath FORWARD IV | TITLE | 0.96+ |
UiPath FORWARD IV. | TITLE | 0.96+ |
first year | QUANTITY | 0.95+ |
Columbia | LOCATION | 0.92+ |
about six months ago | DATE | 0.92+ |
Salesforce | ORGANIZATION | 0.91+ |
90-day shot | QUANTITY | 0.91+ |
theCUBE | ORGANIZATION | 0.9+ |
last 18 months | DATE | 0.9+ |
last two decades | DATE | 0.9+ |
Junaid Ahmed, AMET | UiPath FORWARD IV
Upbeat Music >> From the Bellagio Hotel in Las Vegas, it's theCUBE. Covering UiPath FORWARD IV. Brought to you by UiPath. >> Live, from Las Vegas, it's theCUBE at UiPath Forward IV. Lisa Martin here with Dave Vellante. Day 2 of our coverage. We've been getting a lot of really great perspectives on automation and how it is impacting, significantly, every industry. We're pleased to have, from the keynote stage, Junaid Amed, the corporate Vice President of Finance at Applied Materials. He's going to talk us through why you have a why-can't-we-automate-it-all attitude. Junaid, welcome to the program. >> Thank you so much. Pleasure to be here. >> So you have a really aggressive strategy for digital transformation automation led digital transformation. Your keynote this morning was great. It was, I just thought, strategically, it was so well thought out. And then, when you got up here before we went live, you started talking about how fast the time frame was. >> Yes. >> Give the audience an overview of the strategy, what you're aiming to do and how quickly you're expecting to see change. >> Yeah, absolutely. So when we set out, when we launched about two and a half years ago, the company had doubled in size the prior five years. We were looking for it to double again. We were honest with ourselves, with the CFO and the finance leadership team, could we support the new wave of growth? And the answer is no. Okay, what do we do? We knew we had to do something, not just more things but take a complete new view on things. That's how this whole initiative got incubated. And we took a bold approach. We said, we don't want just to cover the next five years, let's cover the next 20 years. Set ourselves up to make sure we do this right for the company and for our people. So, we basically set some very ambitious goals. Which is, the key KPI that we set at our true north is, we're going to get 50 % of finance work effort, all oriented around decision support. That's what helps move the needle for the company. Sure, we have our responsibilities to close the books, to do all the transactional stuff, to do all the reporting stuff. We will do that. But that can't be the mainstay anymore. That's just table stakes. And the business is screaming for this. It's just that we didn't have the levers and the tools to be able to do it. To pivot. But given the technological advancements, we said, "This is possible now." And that's- >> I think we have to set the table here with your industry. Because you started your journey to PA automation in 2019. >> Yes. >> You participate in one of the most challenging, if not the most challenging, industry on the planet. >> Junaid: Hundred percent. >> Everybody, I don't know, maybe not the insiders but everybody else missed, absolutely no, the insiders missed it too. What was the impact of the pandemic, right? And now, chips are every part of our lives. We've got this massive chip shortage. And you know, Wall Street missed it. They said, "Oh, sell Applied Materials. Sell every semiconductor company." And then they realized, "Oh wow," kind of late into the cycle, that this is like a multi-year, perhaps a decade long transition to, maybe this never ending demand, who knows? So that's the backdrop of your business. That was driving it. What was it like inside your company? >> So Dave, you know, what we could see, obviously we couldn't predict the pandemic. We could see long term growth, right? Really tangible market inflection on the back of AI big data. If you want to say where we made a big bet as a company? We went all in on AI. Right? We believed in that growth, at a time when I think not everyone was so convinced. Okay, is this going to be- How strong is this going to hit us? So, we had the benefit of going all in on AI and saying this is another big computing wave. The next big wave of computing. Coming off of mobile and social media. And Gary Dickerson, our CEO, bet the company that we're going to enable this growth. This is real. This is going to touch the whole global economy. So yes, that's a bet, a successful bet, the company made. No one could foresee what would the pandemic do but we had the good fortune of saying we were reacting to the growth, that we were committed to service. And we knew we had to get ahead of it. So we quickly organized and got finance, our organization well positioned to successfully support the company. Now, we got hit with the pandemic. Luckily for us, we're proactive and then, you know what we did? We accelerated. >> So your move to automation was an offensive move- >> Junaid: Hundred percent. >> Not a panic move to respond to a pandemic. >> Hundred percent. What do investors want? Operating leverage. Operating leverage. >> Yeah. >> Okay. And then, right now all the models have a certain baseline. Size of company, complexity. Okay, you need a certain amount of leverage coming out of this model. The models are going to change. Those that don't change ahead of the models, they're going to play catch up. It's not a fun ride. We wanted to be ahead. >> Well, I mean, talk about operating leverage. You're a company with what? 120+ Billion dollar market cap. You've got a 20+ Billion dollar revenue and you sell extremely expensive equipment. >> Extremely. >> And then a 5X revenue multiple. That's a trailing revenue multiple. I mean that's, that's impressive. That's operating leverage. >> Yes and but the bar keeps moving. You've got to stay ahead, right? You've got to be a leader. We're a leader. We've been a leader for five decades. It's the leadership mindset, I would say, in the company and our leadership team, that really propelled us towards this. The leadership of our CFO, Dan Durn, who invested. He made a bet. No one, you know, now we're sitting here, over almost 300,000 hours automated. We didn't have the playbook when we did it. >> You created the playbook. >> We created the playbook. >> Talk to me about the appetite, because obviously aggressive leadership, bold leadership, talk to me about the appetite to be able to be able to transform so quickly. Such that when, as Dave said, you're on the offensive, such that when the pandemic came, you leveraged that as an accelerator of what you've already been doing. Because culturally, that's challenging for folks to get on board to. How did you do that? >> I have to say, it is challenging. And it's at time's it feels counter-intuitive. We were going through the pandemic. We were having a large M&A integration happening, okay and we're transforming finance. And we're a resource constrained organization. Then you tell your people, "We've got more work to do. Transformation." And you're like, "Is that the right thing to do? Isn't everyone going to leave?" But when you dig deep, you say, "How do you get mind share?" How do you, first of all, you have to get people to see the value and then you have to make sure you do it fast enough, where they want to stick around. It's counter-intuitive. "Hey, we're going to launch this new platform. It's going to take three and half years. All right everyone, we're going to do this." What happens? People are like, in-out. Okay yeah, it'll come, we'll deal with it. Then instead, you say, "Hey, we're going to transform the way we plan. Completely. Top to bottom. 10 months. We're going to do it. Here's what you're going to be at your hands- Here's what you're going to have at your disposal in 10 months, all right? Oh, by the way, we're just showing you the high level. You get to really design. What do you want?" Now, when you have credibility, street cred with your organization, and you come out and say, "I'm going to give you top to bottom agility around forecasting and you get to have input on what you really want." Now people get excited. Like, "Oh, I'm going to work 25% more but wait a second, I'm really excited about what I get at the end of 10 months." >> So, the world was betting several years ago on the consolidation of fabs. "Oh, that's bad for Applied Materials." The exact opposite happened. You know, ARM changed the model, WAYFA volume's going through the roof. Now Intel is basically following that playbook, which is wonderful, they're breaking ground in Arizona. Which is, you have these massive tailwinds behind you. So I'm interested in how you forecast that and what role automation plays in that forecasting. >> Well, if you think about it, the fundamental demand isn't changing. Capacity has to go in. People think, wait a second, so and so is going to build less or whatever, The capacity, maybe geographically, is going to get dispersed out but it still has to go in. So I think it doesn't change the fundamental demand statement. Then, how does automation play into- I just thing that the fundamental nature and pace of business is changing. For us. And our customers are going through the same. So we have to be more reactive, we have to be able to respond to their needs. That whole thing cascades down into the organization. All the way deep into finance analyst forecasting, right? So, if everyone has to work off a weekly, monthly, quarterly cadence, you're too slow. Too late. Doesn't matter how good your plan is. It's old. It's stale. We're moving into a time and era where everything happens realtime. It always happened realtime but we just never had the tools to react realtime. Now, we have realtime business performance, enterprise grade dashboards. Any minute of the day you can see what the revenue forecast is, what the margin associated with that is. Yes, when we get into the official commit cycle everything firms up but it's not the big crank, right? You're fine tuning the knobs now. Which is great. What do you want in a plan? You want greater optionality. Is there a perfect plan? Of course there isn't. What is the North Star of forecasting? Give me as much options as- viable options and then let me decide. Because there's trade-offs. There's no one perfect plan. But you were limited. It just took too long to put a plan together. So you had very small degrees of freedom around it. Viable plans. We're changing all of that. >> This might be out of your swim lane but you had a slide up today and it had the IT in the middle- >> Yes. >> So technology's fundamental. And then, you had the elephant. The Hadoop elephant in the room. So I have to ask you, you guys announced this thing earlier this year called AI to the power of X, actionable insights. I remember reading about it, it's like you're collecting data across all the estate. So I'm like, wow this is a data company. Becoming a data company. So we've been talking a lot and of course the CFO purview is the reporting and I get that. The close, daily close, virtual close, all that. But then there's this whole line-of-business data play. >> Yes. >> And I'm wondering how automation fits there. I mean, that's got to be part of the vision. >> Yeah. Now, I can't speak to the capabilities you're talking to but we are leveraging some of that infrastructure, right? We have amazing IT organization. I have to say, we within Applied, we're a latecomer. From a product, customer product standpoint, already there is so much AI work being done. So we had the benefit of leveraging some of their capabilities for finance, when we launched Agile Finance. There is a lot going on over there. I think we actually enhanced that by introducing these RPA capabilities. And we did so from partnering with, I wouldn't say partnering, IT co-piloted this with us. Fundamentally co-piloted this, okay. And now, IT is taking it to other organizations. And they're taking it to product, they're taking it to operation, they're taking it to sales. So it will have a role. Hundred percent. But they're obviously starting, over the past three to six months is when they got started. So the answer is yes, for sure but I can't speak to exactly how it plays into that specific technology. >> But you addressed the dynamic. Which is, it started in a quick wind part of the company, finance. >> Yes. >> Which is logical. That's where I first introduced RPA a decade ago. A CFO conference, right? Then that now applies to the rest of the business. They're talking about operating leverage- >> Fundamental. Yeah. Hundred percent. >> How do you get that buy-in? How do you get finance and how do you get IT to work with finance, such that IT becomes a catalyst in all these downstream reactions to get this going across the company? >> Important question. >> Well they work for you. >> They don't. >> Oh they don't. >> They don't work for us. They work for me. I'm a customer of theirs. >> Okay. >> The first person that I needed to convince that we were serious and we're going to do it is the CIO. Okay, so you ask how do you get IT bought in? Well first thing, you have to get them in the tent. This is not about, "Oh, can you go do this for me? I need this from you. Can you do that?" Too slow, okay? This RPA, especially RPA, fundamentally, is such a, it's a technology that really needs to get embedded throughout the IT operating model. So you really need IT co-piloting this with you. This is how we did it. We said we're going to learn together. This is a must have for finance. We believe strongly this is going to become a must have for the enterprise but we're going to make the investment. In that must have for the enterprise, IT has to play the roll, right? So we started this together and we learned together and they've been fundamental in our being able to get to scale in 12 months. >> How do you federate governance? Who in the organization, what part of the organization owns governance, if you will? >> Yeah. So we created, established an RPA COE. They own the governance, the policies, the processes. Then, obviously there's a role to play for the business side. So we finance a business organization to them and there's roles to play. We actually, like I showed today in the presentation, there's multiple other players across the enterprise that have to vet these automations, right? Especially in finance. We have to be SOX compliant, we have to be data privacy compliant. We set all of those processes up. So, multiple parties have to engage but engage in an efficient way. >> We're seeing the CFO role emerge. I think of you as a CFO. I mean, I just use that umbrella, emerge as an innovator. I see this all of the place now, especially in Silicon Valley. You look at a company like Snowflake, I don't know if you know Mike Scarpelli but he kind of changed the world of software in some ways. So you're seeing very innovative CFOs emerge, that are technology savvy, they understand the operating leverage, we've used that term several times today, that you can get out of technology. It just reminds me, I don't know how long ago it was when Nick Carr wrote the book Does IT Matter. It seems like technology has never been more important. Along with people and process, of course, but in terms of creating that operating leverage, it's really a key part of the equation, the playbook going forward. >> I think it is a mindset change. We're trying to drive mindset change, right? But it's also, I think, come about because I think technology has become more friendly to non IT people. I think that's a fundamental driver. All these SaaS platforms in the market place, right? What did they design for? Business users. Of course IT has a very prominent role in that whole process and supporting it and implementing it. But the target audience is business users. What was the target audience for ERP? IT. Okay. Fundamental, the technology is changing by design and you're seeing now the impact of that. Where, "Hey wait, I can do this. I can do this by myself." Okay. IT always has been and will be a very important partner. They will service your data needs. This is how we're setting up the collaboration, right? But we really want the finance users to be able to iterate, model, analyze on the fly, in the moment. And they need to do it alone. >> Self serve, yeah. >> That's it. >> Self serve in realtime. I think one of the things, you mentioned it this morning, you mentioned it on our program and one of the things we've learned in the pandemic, that realtime and access to realtime data is no longer a nice-to-have. >> Yes. >> It's really a business critical element of any industry. >> Hundred percent. >> When do you think you'll put crypto on your balance sheet? I ask all the CFOs. >> He's been asking everyone that. >> There's an easy answer. I'm not authorized to answer. Above my pay grade. >> That's a good answer. >> That's good. >> Junaid, thank you so much for joining us. Talking to us about the transformation at Applied Materials, how you're partnering with UiPath to achieve that and the aggressive strategy that you've set out and congratulations on the success of it. We'll look forward to see what's going on in the next couple years. >> Great story. >> Of course. Thank you very much. Thank you for having me. >> Our pleasure. For Dave Vellante in Las Vegas, I'm Lisa Martin. You're watching theCUBE at UiPath Forward IV. Day two of our coverage. Stick around, we'll be right back with our next guest. (upbeat music)
SUMMARY :
Brought to you by UiPath. He's going to talk us Pleasure to be here. So you have a really Give the audience an But that can't be the mainstay anymore. to PA automation in 2019. of the most challenging, So that's the backdrop of your business. Okay, is this going to be- Not a panic move to What do investors want? ahead of the models, and you sell extremely And then a 5X revenue multiple. We didn't have the talk to me about the appetite the right thing to do? on the consolidation of fabs. Any minute of the day you can see So I have to ask you, I mean, that's got to over the past three to six But you addressed the dynamic. Then that now applies to a customer of theirs. In that must have for the enterprise, We have to be SOX compliant, but he kind of changed the And they need to do it alone. and one of the things we've critical element of any industry. I ask all the CFOs. I'm not authorized to answer. and congratulations on the success of it. Thank you very much. For Dave Vellante in Las
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave | PERSON | 0.99+ |
Mike Scarpelli | PERSON | 0.99+ |
Dave Vellante | PERSON | 0.99+ |
Lisa Martin | PERSON | 0.99+ |
Dan Durn | PERSON | 0.99+ |
Nick Carr | PERSON | 0.99+ |
Gary Dickerson | PERSON | 0.99+ |
Junaid | PERSON | 0.99+ |
Arizona | LOCATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
2019 | DATE | 0.99+ |
50 % | QUANTITY | 0.99+ |
Junaid Ahmed | PERSON | 0.99+ |
Snowflake | ORGANIZATION | 0.99+ |
Silicon Valley | LOCATION | 0.99+ |
Junaid Amed | PERSON | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Hundred percent | QUANTITY | 0.99+ |
12 months | QUANTITY | 0.99+ |
20+ Billion dollar | QUANTITY | 0.99+ |
5X | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
SOX | ORGANIZATION | 0.99+ |
five decades | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
ARM | ORGANIZATION | 0.99+ |
10 months | QUANTITY | 0.99+ |
120+ Billion dollar | QUANTITY | 0.99+ |
first | QUANTITY | 0.99+ |
pandemic | EVENT | 0.98+ |
Intel | ORGANIZATION | 0.98+ |
three and half years | QUANTITY | 0.97+ |
Applied Materials | ORGANIZATION | 0.97+ |
Day 2 | QUANTITY | 0.97+ |
one | QUANTITY | 0.96+ |
several years ago | DATE | 0.96+ |
Day two | QUANTITY | 0.96+ |
earlier this year | DATE | 0.95+ |
big | EVENT | 0.94+ |
first person | QUANTITY | 0.94+ |
Does IT Matter | TITLE | 0.94+ |
a decade ago | DATE | 0.92+ |
first thing | QUANTITY | 0.91+ |
this morning | DATE | 0.91+ |
Wall Street | ORGANIZATION | 0.9+ |
about two and a half years ago | DATE | 0.85+ |
25% more | QUANTITY | 0.85+ |
couple years | DATE | 0.81+ |
six months | QUANTITY | 0.8+ |
almost 300,000 hours | QUANTITY | 0.8+ |
next 20 years | DATE | 0.73+ |
a decade | QUANTITY | 0.7+ |
a second | QUANTITY | 0.68+ |
AMET | PERSON | 0.67+ |
years | DATE | 0.66+ |
Bellagio Hotel | ORGANIZATION | 0.66+ |
Agile | TITLE | 0.64+ |
over | QUANTITY | 0.6+ |
Applied | ORGANIZATION | 0.57+ |
next five years | DATE | 0.57+ |
prior | DATE | 0.57+ |
three | QUANTITY | 0.53+ |
double | QUANTITY | 0.51+ |
wave of | EVENT | 0.48+ |
five | QUANTITY | 0.43+ |
Finance | ORGANIZATION | 0.37+ |
Mariesa Coughanour, Cognizant | UiPath FORWARD IV
>> (Announcer) From the Bellagio hotel in Las Vegas. It's theCube covering UiPath FORWARD IV, brought to you by UiPath. >> Good afternoon. Welcome back to theCube's live coverage of UiPath FORWARD IV. Lisa Martin here with Dave Vellante. We're on day two of our coverage. We've been talking a lot about automation, all of the opportunities that it's uncovering across industries. We're now going to be talking about a big company undergoing its own automation-led digital transformation. Joining us next, Mariesa Coughanour, head of Automation Advisory Services at Cognizant. Mariesa, welcome to the program. >> Thank you for having me. I'm excited to be here today. >> So let's talk. So Cognizant is a part, both a partner and a customer of UiPath. >> Yes. >> We're going to talk about you in the customer realm today. Cognizant is undergoing its own automation-led digital transformation. Let's talk about that. Talk to me about some of the business outcomes that are, that you're expecting, how it's going to transform the employee experience, the customer experience. >> (Mariesa) Sure, absolutely. We actually started working with automation ourselves back in 2018, where we just put in a CoE, we said we want to drive it into our business operations. But about a year ago, we said, let's go further. I really wanted to play with all of our employees. We wanted to empower them. We talk about citizen development, of robot for every person. And we know that that's really the future. That's where we're going. We're digitally transforming our organizations. And so what we did is we sat down and we worked really closely with UiPath on how do we do this? What kind of training do we need? We're going to need some process, some governance in there. And so we put that in place and, you know, we said, let's get this going this year. So we went out, we did, our first Hackathon, went really well. It was Bring Your Own Bots. So BYOB, so, fun themes. And we got some good savings. We actually drove over 10,000, close to 20,000 hours back into the organization. And we said after that, let's go a bit bigger though. And we did what's called Game of Bots. So obviously we know where that came from, right? And we said, we're going to go a little bit longer and we want to go bigger. So we went and had 2,500 people participate over eight weeks. We built over a thousand bots. And guess what? We drove over 200,000 hours back into the organization in just eight weeks. So super big success story. People loved it. Our teams were excited. We recognized over 200 people out of that with team awards, who submitted the most ideas. And even our top leadership said, let's do a presentation. So the guys and gals who had the top, biggest impact automations got to meet with our top senior leaders and present out to them. It's been awesome. And now we're starting to move that force. We're scaling bigger. We're actually going pretty big in Cognizant. We have some big goals right now. >> That's a gob of hours. Game of Bots, get it? GOB. >> (laughs) >> Come on, with me. >> It is a gob of hours. >> How do you measure the hours? Is it a back of napkin kind of thing? We ask people, Hey, how much, how what, how do you actually measure it? >> No, we actually track it. We could see how many hours people were doing a certain tasks and things that they do every day, whether they're running reports, submitting claims for a customer. And so we're able to see that that time is actually going down. We're faster. We get better quality. People were also able to get hours back in their day so they could do more value added work in the organization. So we actually do track it. And we're able to really measure those tangible outcomes for the teams. >> Sounds like you guys have been moving pretty quickly on this. >> We are. >> So the appetite at Cognizant was there, the culture was there to embrace it. Those are probably, I imagine, two big facilitators of being able to move at the speed and the scale, >> Yeah >> that, with what you're doing. >> Culture was there. We're really digitally savvy. I would say we're digital at heart in Cognizant. We are, we're really a tech company and we really focus on how to be at the forefront of all things when it comes to technology. But we said, we also want to transform how we work. So starting to shift the conversation from, you know, do you want to automate, to why not? How do we actually start talking about, you know, I have this to do list, but you know what, actually, we can improve if we did some of this other stuff instead. So let's free up that time, but use automation there and we can actually grow things. We can add more value. We do all that stuff on your to-do list that I think everybody has and they want to get to, but you get caught up in your day-to-day job all the time. So we're actually getting people to be more excited about and have a real voice. And I actually think that's important. Is that, it's not just about giving people the tool, it's about shifting our culture to really embrace digital, embrace this technology, because we're trying to transform how we all work. And we want to lead by example. >> So we talk about BPO. Business Process Optimization, right? It was kind of the buzz word of the '90s and early 2000s. A lot of times it meant putting in SAP. (chuckles) >> (Mariesa) (laughs) Yeah. >> So that's evolved. And there's some companies that would say, "Hey, we specialize in that," technology companies, obviously, >> (Mariesa) Yep. >> you know, SI's as well. How do you think about the difference between end-to-end enterprise automation and, and sort of traditional BPO? >> I think it has to come together a bit, is one thing. So when you do the BPO, or you do shared services, or you outsource some of the work. We actually put into those contracts, because we do a lot of that for our customers. And we put in automation. The step we took further was we actually started to empower people to actually build the automations themselves, which meant we actually had to work with customers too. So they knew we were doing this. We wanted to make sure they understood, they were comfortable. We put any controls in place that they also needed, to make sure that, you know, we didn't impact any of their services. We want to make it better. We want them to feel nothing but bigger, better results in outcomes. And then as you think about the enterprise side, we have to compliment, because a lot of those processes do feed back into how you run a business. And so we focus on how do you bring both of those stories together so that you're driving synergies across the board. And actually some good lessons learned along the way because some of this stuff becomes reusable. You have best practices you could share across the board. And we want to make sure that we are connecting the dots from the shared services BPO work, back into the enterprise because really a process is end to end, an organization. And we want to help people think that way and also get the results that way too. >> Is that end to end automation, at enterprise automation, more tech heavy, or, or maybe it's tech light in a way, whereas BPO is maybe a lot more, sort of, lean thinking, a lot more chalkboard. Are we deep into the, so I, sometimes, you're saying they have to come together. >> They do yeah. >> But from, from where I guess is, is what I'm trying to better understand. >> So I would think about it this way. When you think about a process, right, from when you even placed an order, the whole way through when you fulfill it for a customer. There's work that we, we do outsource all the time, right? So maybe it's the, the PO process, some of the order transactions from the payment, but you also have the pieces is actually touching the customer, too. You have the pieces that are fulfilling the order. So we say end to end, that is really thinking about that beginning, from a conversation with the customer, the whole way to when we're delivering. And I do think there's a lot of technology. That is something I think everyone gravitates to because there is a lot. Especially if you're going to go end to end, you have to be able to take in documents. You have automation. You're not going to know all the rules, no matter how many times you ask, you're going to need machine learning to be able to help figure it out and get smarter as what, as you go along the way. But as you're putting this into place, what's important is: as you're thinking about, kind of, transforming that business so that they're feeling the results the whole way through, because if you just focus on one, you might create a bottleneck, right? You might've got super fast, but the guy who's going to get the work from you, they're going to feel like, oh my goodness, there's all this work on my plate. So we really want to make sure that we create that seamless experience for everyone across the board, as we put it in. >> And how does UiPath, help facilitate that? >> Across the board, I mean, we were sitting down, we were laying out our program. 'Cause we're actually trying to get to 60,000 strong. So we have 7,000 trained today. We're going to get to 60,000. That's our plan. So we're working very closely with UiPath on what does that training that you need to have in place? What's that model? How do we get people comfortable? Because one thing you'll find is not everyone's in the same spot. Some are going to jump in, dive right in, give me the tool. I want to build. I love this. Others might need a little bit more confidence boost. They might need more handholding. And I think that's really important. And it's probably the one thing I would add too, as you do talk a lot about the technologies, we put it in, but it's the people at the end of the day, it's how you help them adopt, feel comfortable with this technology and really embrace it. That's really going to be the difference on whether, how fast you get down that line for transformation. >> Is it a classic bell curve? You got your 10% early adopters, you got a big fat middle, and then you've got some laggards who come along. >> It kind of is. And I think what's important is that middle is all up in how you do it because 10% are always going to love it. You're always going to have a few people, they're a little extra nervous maybe. But in the middle, if you really think about it, and you're able to put in that culture, you're able to put in your leadership is engaged. You're putting us in gamification, make it fun. That's what we found is, if we got people really having fun up front with it, it gives people a reason to be a part of it. And also, why don't we let people partner up? We can give them the technology, but if someone's not as comfortable, let us do teams. Let's meet people where they're at and then move them along this journey. And let's try to accelerate the best we can. >> How did you gamify it? Crypto. No. (chuckles) >> (laughs) >> (laughs) No, no crypto. But I will say we have some really cool prizes and people were super excited to get to do the presentations because they got to show their, their bots live, their creations, to the team. And I think that was important. Not everyone always is able to capture all the results, but we wanted to actually talk about like, what were the ideas, share it across the board. Cause it also generated ideas. because what you'll find is, when you hear something like, you know what, that's kind of what I do. Wonder if I could do some automation too. At least submit an idea, and then, maybe they're moving down the line, they're getting their hands on the technology. And I think that's how we all push the needle forward and move this along faster. >> One of the most important things about automation is letting people be able to move away from the mundane, the repetitive tasks, that they probably don't enjoy. And being able to focus more on their core competencies or more strategic initiatives that really make them more relevant to themselves and to their company. And it sounds like you guys have achieved that pretty quickly and, and you have an aggressive plan >> (chuckles) We do. >> to go from 7,000 to 60,000. >> Yes. And that's really the power of automation, if you think about it. We all have things in our job we don't like to do. I don't know about you guys, but there's things that I'm like, oh man, like, can we please automate this? Expense reports, for example. All about automated expense reports. (laughs) But it's really about freeing people up. Think about it. These people went to school, they often have degrees and things, and they do get caught in a lot of the manual things, downloading reports, consolidating data, you know, submitting spreadsheets and forms. Imagine if we're able to make that easier for people, we give them what they need to do their job. So that all that stuff you would like to do, that you know would improve things. You know would make the company better. The culture better. Heck, maybe it's a new product that people know would be really awesome to go build, but everyone feels like they're so busy. They don't have the time to do it. I mean, that's one of the big values of automation. Is this value creation conversation that you get to have with people. And you get to start asking 'why not' a little bit more. >> You've mentioned a couple of times the IDC presentation this morning. And we were talking about earlier, and the pie chart of, of, of value benefits was cost savings, which was very large, new revenue, which was very large. And then I think 15% was quality improvements. And that, I think that's an underappreciated slice of the pie. Somebody, I think years ago, of the UiPath FORWARD said to me, I can very inexpensively apply Six Sigma to business process. >> (Mariesa) Yeah. >> And I could never afford to do that before RPA. And, and so I wonder if you could talk to the quality impacts that you're seeing. >> Absolutely. I actually spent a lot of time in Lean Six Sigma in my early career days. And one of the things about it too, is when you're doing automation, we actually asked that question upfront, can we just simplify, can we just stop doing this? Because you don't want to automate a bad process either. So you want to ask some of those questions. >> (Dave) Yeah. >> But you're spot on. There's a ton of quality benefits that you get from automation. And one of the things I've actually seen is if you focus on some of the quality upfront, process gets better. Get better impact, as when you get faster. If you have better quality, and get faster, you also get your cost out targets. And I, that really matters because quality also, beyond being able to drive the cost out, it also helps a lot with the experience that people face. Customers are frustrated if they have poor quality, something doesn't work the way it's supposed to, a site's not working the way it should. And also even employees, they go, how many times, if you try to do something and you try to follow a process and something's hung up or who knows what happened, right. It's frustrating. So if you're able to improve the quality in the process, not only do you get the cost savings, but you get these, it's softer tan, there's still tangible experiences that get better and actually motivates people to want to do more. >> And those motivated people are probably dealing with customers much, much better. >> Yes, yeah. >> I mean, it's, I always think the employee experience is so, is, is a critical component. >> It is. >> But the customer experience. So how has the customer experience improved at Cognizant as a result of building in automation and enabling all these people? >> Yeah, they're loving the results because we're giving them back efficiencies in their process immediately by putting this automation in. These are quick impacts they're feeling and we're able to do more for them as well. So we're actually having conversations now on how do we drive more efficiencies for you and also, you know, how can we do more? Is there more volume of work? Is there more we could be doing to add value back to your organization? And that's what you want to talk about with customers is we're able to give you this value. And by the way, we actually did X for you now as well, because we knew you needed it. And we have the capacity to do this for you. So it's a really positive conversation, but we did have to upfront talk to them about it, to make sure that we, everyone was on board. They're comfortable. And we're continuing to have those conversations because you know, sometimes you're in a regulated business and we did put a little extra control in. Absolutely okay. But we want to be able to drive these efficiencies back for them. So they feel it in their own operations internally too. And it hits their bottom line and oftentimes helps their employees too, because we interact with them. So those downstream benefits and sometimes even upstream get some nice returns there as well. >> We've heard from, well, we're going to have Daniel on soon. He's the CEO. We've of course heard from CFOs. We've, that's kind of one of the main springs of RPA in the early days. We've heard a lot more CIOs at this event and we have a CTO coming on later. Are these C suite executives totally aligned in their objectives? Do they have they have different agendas? What are you seeing in terms of serving the C suite? >> Yeah. They're all going to have a little bit different agendas, right? Cause that's, their roles have different objectives, but they all align back to the strategy, obviously, for their company. But they're going to have portions of it that they're trying to drive and deliver. What we do see is that there's still some merging that needs to happen between the operations, the more business focused side and the more technical side. But we do, we're starting to see that convergence happen. Because what happens is, is that, you have these technologists, who really are going to have to help move you forward. We're, you know, we're applying AI, ML. Very technical technologies, and we want to make sure we do it right, that we put the right governance in. And we think about the security that we have to have in place for this too. And but we also have the business outcomes and coming together is where you really see the results. If you look at all of those that have reached true maturity, it's where you see these agendas aligning a bit more because you also have to shift the culture too. And it's a collaboration point. You need to be able to have the tech savvy folks. It helps bring them along this journey, but you also have to have the business depth as because you're looking at a process and you're going really deep into it to apply the technology. So it's when people partner is when we really see the results become more exponential. >> So digital transformation, you know, we hear that term a lot. And automation-led digital transformation. >> Yep. >> I hear a lot of data led digital transformations are those parallel tracks, or they can talk a lot about convergence. >> Yeah. >> Are they? I mean, they're not competing. They're obviously very much related. How do you see the data agenda and the automation agenda coming together. >> They have to. Because you really need good quality data to be able to enable your automation at the end of the day. And, but they actually play nicely together. You can actually use automation to help go back and improve your master data management too, which is the core of your information because that's actually where a lot of the struggle sometimes comes, is in the quality of the data that everyone has to work with. So you see the data agenda working on, "How do I clean this? How do I get more insightful, predictful information?" And then from an automation standpoint, how do I then use that to go take action? So all we see is you bring it together, to be able to identify where do you need to get in the process? How do I get the right information? So the automation also is proven data behind it, that we drove the outcomes, because that's where you take it to the bank at the end of the day. Is that you see it in the data itself. But I think one of the things I've seen with automation that helps drive the digital transformation conversation is, the business and IT teams are coming together and having a joint conversation now. People are excited. They're understanding it. I think that's why people jumped on with RPA so quickly, was because they're like, I get this, this is rule-based, this is my business process. I just tell it what to do. I'll take that. I want to do that. And so people got excited about that. And then they said, let's do more. How do I make it more intelligent? How do I help it do things in my process that it's harder for me to explain because there's just so much information here. There's so many nuances. Well, we have the technology can help make it more intelligent, smarter, and learn, so that we're able to drive that back into the business itself to transform. >> You mentioned Master Data Management is, is the data agenda as it relates to automation, primarily reporting, is it moving? Is it transcending reporting into the building of data products, for example, data services that can be monetized either within Cognizant or in your customer base? >> So it's really evolving. I would say some start with reports. That's easy. That's where we'll start, but I'll just kind of give you maybe a little example. So we have a customer and we work with them. So they have customers where they need to, when they call in, the sales folks and the contact centers, they have to upsell. So they work with a lot of different restaurants and different, maybe, bars and, you know, different companies that have different type of like beverages and things like that. So we worked with them to show, how are they performing today with all their sales reps? And then we started to use some automation to be able to get them more helpful information the moment the customer's calling in. And we also did some semantic analysis on a voice, how people were, how were they sounding? How was their tone? Were they happy? Were they upset? Were they sad during the call? And we fed that information back to those teams, back to those managers, and went back even to their training programs. What they actually saw was a ton of top line growth. They saw all of their metrics starting to get better, and they also start to get more predictive on ways that they can use more data to drive the support for those teams and their customers. Like for example, if you know holidays are coming up or a certain time of year with weather, we're able to actually put that type of information in and helps those sales reps better serve their customers. >> Last question, some of the announcements that came out yesterday and some of the news today about UiPath, what excites you about the technology and how it's going to continue to enable you to, to foster this new culture that you've shifted? >> I think, so one thing about UiPath that we've always loved to be able to partner with them as we're still customer centric. And you see that in every announcement that they're doing, and also they're focused on this true process transformation, intelligent end to end thinking, because I think a lot of times when we've had conversations most get stuck in kind of point solutions. And that's just because people are trying to solve today's problems. But with where UiPath is moving and where we want to move to, is how do we help you to really transform how people work? We know automation is a part of our future. We know it's going to be how we work in the future. And we love about UiPath is to really think about how do we integrate it? How do we make those connections? So we can drive the bigger results, we can make it easier for people to adopt and really embrace it because we need to bring the people along this journey and we need to be able to actually impact our processes too, so we can transform them. So I think that's one thing that's been really exciting is just watching them in general. Involved with the announcements the last couple of days, we really see them continue to push that needle. >> Excellent. Well, Mariesa, thanks for joining us. Talking to us about the automation-led digital transformation at Cognizant. Good luck raising your trained individuals from 7K to 60K. It sounds like the momentum is there. The culture's there. We can't wait to hear what happens next! >> Awesome. Thanks again for having me today. >> Our pleasure. >> Good to see you. >> Thank you. >> For Dave Vellante, I'm Lisa Martin live in Las Vegas at the Bellagio. UiPath FORWARD IV is the event we're covering. We'll be right back with our next guest. >> (bubbly outro music)
SUMMARY :
brought to you by UiPath. all of the opportunities I'm excited to be here today. So Cognizant is a part, of the business outcomes And so we put that in place and, you know, That's a gob of hours. So we actually do track it. Sounds like you guys have been So the appetite at Cognizant was there, to transform how we work. So we talk about BPO. "Hey, we specialize in that," How do you think about the difference And so we focus on how do you bring Is that end to end automation, is what I'm trying to better understand. So we really want to make sure that And it's probably the one you got a big fat middle, But in the middle, if you How did you gamify it? And I think that's how we And it sounds like you They don't have the time to do it. And we were talking about earlier, And, and so I wonder if you could talk to And one of the things about it too, And one of the things I've actually seen And those motivated I always think the employee experience So how has the customer And by the way, we actually and we have a CTO coming on later. And but we also have the business outcomes So digital transformation, you know, I hear a lot of data and the automation agenda coming together. So all we see is you bring it together, and they also start to get more predictive is how do we help you It sounds like the momentum is there. Thanks again for having me today. UiPath FORWARD IV is the
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Vellante | PERSON | 0.99+ |
Mariesa | PERSON | 0.99+ |
Lisa Martin | PERSON | 0.99+ |
2018 | DATE | 0.99+ |
15% | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
7,000 | QUANTITY | 0.99+ |
yesterday | DATE | 0.99+ |
Cognizant | ORGANIZATION | 0.99+ |
UiPath | ORGANIZATION | 0.99+ |
Mariesa Coughanour | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
10% | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
Daniel | PERSON | 0.99+ |
2,500 people | QUANTITY | 0.99+ |
60,000 | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
over 200,000 hours | QUANTITY | 0.99+ |
over 200 people | QUANTITY | 0.99+ |
over a thousand bots | QUANTITY | 0.98+ |
one | QUANTITY | 0.98+ |
eight weeks | QUANTITY | 0.98+ |
early 2000s | DATE | 0.97+ |
Bellagio | LOCATION | 0.97+ |
two big facilitators | QUANTITY | 0.97+ |
UiPath FORWARD IV. | TITLE | 0.97+ |
One | QUANTITY | 0.97+ |
over 10,000 | QUANTITY | 0.97+ |
one thing | QUANTITY | 0.96+ |
over eight weeks | QUANTITY | 0.96+ |
this year | DATE | 0.96+ |
Automation Advisory Services | ORGANIZATION | 0.96+ |
UiPath FORWARD IV | TITLE | 0.96+ |
Six Sigma | TITLE | 0.95+ |
day two | QUANTITY | 0.93+ |
60K | QUANTITY | 0.93+ |
7K | QUANTITY | 0.92+ |
Bellagio | ORGANIZATION | 0.9+ |
about a year ago | DATE | 0.88+ |
theCube | ORGANIZATION | 0.87+ |
20,000 hours | QUANTITY | 0.87+ |
this morning | DATE | 0.85+ |
of | TITLE | 0.85+ |
UiPath FORWARD IV | EVENT | 0.76+ |
SAP | TITLE | 0.74+ |
'90s | DATE | 0.74+ |
60,000 strong | QUANTITY | 0.73+ |
years | DATE | 0.72+ |
first Hackathon | QUANTITY | 0.69+ |
IDC | ORGANIZATION | 0.69+ |
days | DATE | 0.62+ |
Cognizant | LOCATION | 0.61+ |
CFOs | ORGANIZATION | 0.58+ |
last couple | DATE | 0.54+ |
Sidney Madison Prescott, MBA, Spotify | UiPath FORWARD IV
>>From the Bellagio hotel in Las Vegas, it's the cube covering UI path forward for brought to you by UI path. >>It's the Q we are live in Las Vegas at the Bellagio. Lisa Martin, with Dave Volante, we're covering UI path forward for this is our second day of coverage. We've had a lot of great conversations with customers at UI path partners, their senior leaders. And next up, we're going to be talking to, I'm going to say the queen of citizen developer nests. We're not just going to create that title for you. Sydney, Madison Prescott. She's the global head of intelligent automation at Spotify Sydney. Welcome to the program. I >>Am so excited >>To be here. We're excited to have you. So one of my, as we were talking before we went live, we both are big fans of Spotify. I don't know what we would do without it in our personal lives. But talk to me a little bit about Spotify automation, UI path. And I don't want to get into you your book, what you've done for citizen developers. >>Perfect. So Spotify is on a very interesting journey. Uh, we began the journey during the pandemic and we were speaking about this a little bit earlier. And so our journey began with trying to understand how we would tackle, uh, still wanting to upskill our employees, despite the fact that we were in the middle of this kind of global crisis. And so through that endeavor, we decided to actually split out our different, uh, automation capabilities into citizen developer and unattended automation. And we did all of this through a center of excellence. So a centralized, uh, COE, which would facilitate the growth of the automations, uh, whether on the citizen developer side or the unattended side. And through this programs, we set up, uh, several different trainings where we could facilitate the growth of the citizen developer community through five day, what we call bot boot camps and the bot boot camp is in essence, um, five day training, about four and a half, five hours a day, where we take anyone at Spotify who would like to upskill in this type of automation. And we teach them everything from the basics of robotic process automation, all the way to, you know, what are all of the Spotify specific things that you have to do in order to maintain a robust, uh, citizen developer footprint within your team. And so through that, uh, that entire journey, it's been quite amazing. We started with a very small footprint in our accounting team, and we have scaled now to over 100 citizen developers, uh, in a variety of functions within Spotify. >>And what was the role that you came to Spotify to do? Cause you came there, went there right before the everything happened. >>Yes. So I was actually, uh, brought into Spotify to stand up and scale out our intelligent automation center of excellence. >>So the center of excellence is, is sort of the main spring of knowledge, training innovation. And then the, the citizen developer piece, it sounds like you're pushing out distributing that knowledge. Right. And so I'm interested in that sort of architecture of automation is that you've got a combination of centralized expertise and decentralized innovation. Can you talk about that a little bit? >>Yeah. So it's very interesting actually. So we facilitate the citizen developer program through the center of excellence. So you can think of the center of excellence as the foundation of that knowledge. And our goal is to democratize that knowledge throughout the enterprise. And the way we do that is through the training. Uh, we facilitate the governance of the program. So making sure that all of the infrastructure is properly set up, uh, enabling the citizens, if they need support, just talking about ideation, uh, even so far as up-skilling as well. So upskilling all the way to a power user, uh, whereby those users could become true innovators and facilitate a wide variety of automations within their teams. And was it >>The events of the last 18 months? It really catalyzed this and kind of led you to really become a big advocate for citizen led development. >>It did. So we initially were starting with just the center of excellence and an unintended footprint, and we quickly pivoted and realized that we needed to in order to scale, uh, significantly given the, the situation working virtually, uh, we are a distributed team around the world that it was critical for our success that we could, uh, really distribute to this workout. And we felt that the best way to do that was through standing up a citizen developer program. >>The things that I'm trying to understand is the relationship between automation and data. And I look at Spotify in many respects is a data company, at least a company who really understands data. And I see you building all these awesome data products. I'm a subscriber as well, but you know, you've added podcasts, you've got contributors to those podcasts. You've obviously got artists and you know, these people obviously have to be paid. You have this sort of interesting ecosystem and these are all data products, if you will, that you guys build. And it's very cool sort of business model. What's the relationship between data and automation? >>Well, it is a big relationship. I would actually say it is probably the pivotal relationship because in order to tell that compelling story of digital transformation, we have to understand the data behind all of the automations that we're generating. Um, and this is whether it says in developer or COE built. Um, and so for us, it's, it's a critical component of our success that we can pinpoint those key metrics that we are looking at and tracking, you know, what does success mean for our center of excellence? What does it mean for our citizen led program? And this is everything from, you know, increased data quality to risk mitigation of different internal regulatory risk. Uh, it could be something as simple as our saved on automation. So it's, uh, a wide variety of attributes that we're looking at to really pinpoint where the successes are coming from and where we can improve maybe where we need to improve our automation footprint in a given business. >>Why did you write this book? >>Great question. So I believe in citizen development, I think it is a very unique approach to spreading out the way that you can transform your business. And so I saw a lot of struggles as I've gone through I'm in the industry with understanding citizen development, uh, the premise of it, and also understanding the technology behind it. Um, I am a big fan of studio X. And so the book specifically focuses on studio X. Um, it really introducing users to what is studio X and how really teaching individuals, how to upskill themselves, um, just through the use of the book, very intuitive and hopefully taking away some of the fear that the users may have about walking through a platform like studio S >>So what do I have to know to actually, can I read your book and then start coding? Is it by >>That is the goal. Yes. So the goal for the book is very hands-on. So it is, it is a book for, um, the novice business user, uh, someone who is not familiar with RPA, someone who may not even be familiar with UI path, they would be able to pick up this book, go through the set of exercises. It's very robust out over 400 pages. So it really packed a lot of knowledge in there, but the goal would be by the time you walk through every single exercise and complete the book, you would not only understand RPA. You would also understand UI path as a, as a service provider platform. You'd also understand the nuances of studio X. >>So in theory, someone like myself could get your book, download the community edition, start building automations, right? >>Yes, exactly. Exactly. >>You have to Google a few things, but yeah. >>Yes. And it comes with a very robust code code set up. They're able to actually look at the code and review, uh, examples of the code, uh, in a source code repository. So again, it's very novice users it's meant for, to help facilitate just the learning of someone who is maybe curious about RPA, curious about UI path, or just curious about studio app. >>I already have the use case. >>You do have these guys I'm interested in doing it too. I mean, I can tell that it's a passion project of yours that you fundamentally believe in. You know, we saw this morning data from IDC and we've seen lots of different data sources that talk about, oh, automation taking jobs, people being fearful, organizations, not being ready at the same time. We've had such a tumultuous last 18 months that organizations that weren't digital are probably gone and organizations that aren't, how did there was this massive uptake in automation because suddenly you couldn't get bodies into buildings. So tell me about how this book is a facility, first of all, tell us the name of it. And then as a facilitator of those employees who might be worried about their jobs being taken by bots, >>That is a great question. So the, the name of the book is robotic process automation, a citizen developers guide to hyper automation using UI path studio X. And I would say I've heard a lot of the conversation surrounding the loss of jobs, the potential fear, uh, we all we know as humans, we are generally unfortunately, a little resistant to change and, you know, the, I'll say the digital revolution that we're going through, uh, within the workforce, whether it is hybrid work, whether it is completely virtual work, it is a bit daunting. And I understand that fear, I think in alignment with the conversation that we had heard about earlier at forward there, RPA has the ability to generate a massive amount of not only improvements within different industries, but jobs as well. Right? And for someone who is looking at this kind of ever changing landscape, and they're wondering, where do I fit in? >>Am I going to get pushed out of a, of a general, you know, uh, industry? I would say that that fear turned that into power, turned that into ambition. Um, the level of upskilling that you can do on your own, whether it's using UiPath academy, whether it's reaching out to your center of excellence, it's incredible. Um, there's a wide variety of different ways that you can upskill yourself. And in essence, you become, um, a powerful player in your environment because not only do you have the business acumen, you now have the technical acumen, and that is everything. I mean, when we talk about transformation, we talk about where our industry's going. Um, there's a saying that, you know, every company now must be a technology company, right? And so this is the key, even as workers, even as employees, we all must be technologists. And so the real question is, think of yourself and think of this concept. I like to call human augmentation. How can you augment yourself through UI path, through the use of RPA to become that up-skilled worker, that next level worker who will be integral to the success of any company moving from, >>We talk a lot about upscaling. Now, of course, part of that upskilling I presume is learning how to use robotic process automation and the tooling, but it seems that there's more to it than that. And, and you just strike me as a person that's creative, you have a power persona. So what are these sort of intangible skills that, that I need to succeed in this new world? And can I learn them? >>That's a great question. I think one of the biggest skills, being able to think outside of the box, that is huge. Uh, and again, this goes back to at least question about what does it take and what should you, you should really think outside of the box about your own career, about your team, about your company, um, how you can improve upon what is already there, um, or how can you build something completely new that has never been thought of before. And so I think that's the biggest skill. The ability to, um, innovate, think, think innovatively and think outside of the box. Um, I believe it's, it's something that is maybe a little intuitive to some individuals, but you can also learn, you can learn to, um, get out of your own way, so to speak, uh, so that you can actually start to come up with these really creative ways to address, uh, whether it's complex business problems, uh, whether it's at an industry level or even just within your internal enterprise. >>And creativity is actually one of the attributes. And I guess it might not be in your DNA, but if you, you know, it's like humor, humor, right? If you hang out with funny people, you know, if you hang out with creative people, you can, you can learn about apply. >>That's right. That's right. But in the beginning of the pandemic, you know, one of the things that I think we all want, you seem to have a ton of motivation and ambition as Dave was saying. And, and I'm someone that normally has that too, but in the first year of pandemic, that was hard. It's hard to get motivated. It was hard to know where do I fit in? How do you advise? And now of course, when you publish the book six months ago, we're about a year into the pandemic. Things are looking better because here we are in Las Vegas at an in-person event with humans. But how do you, how do you see, how do you recommend to folks that are, that don't have technology backgrounds like you don't, I don't to motivate themselves to go, you can take the control, take it. And everybody don't, we all want control as people and take control of your career path. There are a lot of opportunities out there. How do you advise people navigating this challenging sort of mental state with there's so many opportunities sitting right here? Yes >>That's so I think it, it goes back to the getting out of your own way. It also goes back to really taking a look at assess assessing your own skillset, um, assessing your own personal drivers. What motivates you, uh, whether that is in your personal life, whether that is in your professional life, and then taking a look also at those motivators, how can I look at those and what use can I get out of those to help me to transform my own personal skill set and really grow out, uh, my, my capabilities, right, as a professional it's, it's all about really thinking through, uh, your, I'll say your professional background or role as ever-changing ever-growing. And as long as you approach it with a mindset of constantly growing constantly upskilling, I mean, honestly, the sky is truly the limit. >>I a weird question. If, if, if, if mastering word is a one and let's say learning, um, learning how to use Excel, macros is let's call it a three. Uh, all in the spectrum goes out to a, be a building, a complex, uh, you know, uh, AI model, data science kind of ML model. If that's a 10, where does learning how to code RPA as a citizen developer fit on that spectrum? Good question. >>Oh, that's a great question. I would say somewhere between, Hmm. I would say somewhere between maybe three and four around there, because you there. So again, we, we have so many tools that we can use to help upscale the set of sense at this point that we can really walk them through the nuances, uh, at a pace that is conducive to really retaining the knowledge. So I don't think it's, it's definitely not the level of, let's say, building out a complex, like machine learning model or something of that nature. It may be a little bit more in alignment with, um, if someone is up-skilled and macros, or you may be up-skilled in some other type of scripting, uh, language similar to that, I might even say sometimes a little bit, maybe a little bit less difficult than that, uh, depending on what you're trying to automate, right. The process you're trying to automate the company, >>But inside of a day, I can do something fairly simple, right? Yeah. >>Yes. So we actually, the, the training that we have at Spotify, we train our users from novice. Absolutely no understanding, no knowledge of RPA to building able, being able to build a bot in five days. And those are five half days sessions that the citizen developers attend. And by the morning of the fifth day, they actually have built a bot. And so it's, and it's very powerful, uh, being able to, to upskill someone and show them, I can take you from, you know, absolutely no understanding of RPA to actually having something, a bot that you can showcase that you can run within as little as five half days. I mean, it's very compelling to any business user, right? >>The business impact. Soon as you guys are too young to remember, but there's this thing called Lotus 1, 2, 3, we used to have to go to Lotus class slash file retrieve for you folks who remember this was all keyboard based, but it was game changing in terms of your personal productivity. And it sounds like there's a similar but much, much larger impact with RPA >>Impact. Talk to me about the impact of the program, especially in the last, this year, here we are in October, you mentioned started small, and now there's about a hundred folks. Talk to me about the appetite of that as we've seen this massive acceleration and the need to automate for everyday things that we expect as consumers, whether we're ordering food or buying something online. >>Hmm. So it really is a different mindset in terms of thinking through the way that we work differently. And so we really approached it with, if you're an accountant, think of what is the future role and responsibility of an accountant in this new digital, uh, I'll say environment. And through that, we have been able to really push this idea or this concept of up-skilling as a key element of personal professional success and also team success. Um, and that has been a game changer. So there's a lot of value that comes out of the cohesiveness between the personal desire to upskill and continue to, uh, be a, you know, a consummate professional in whatever role you're in, but also to help your team right, to be, to be, you know, a standout, uh, team player in terms of the skills that you're bringing to the table as both an accountant and someone that has now the power of automation within your skillset. Okay. >>And ask you one more question. And that is something that Dave brought up yesterday as we were, he was sitting on a panel with, and he was the only male, which is not common in our industry. How have you seen the role of females in technology changing? And I'm imagine you do work in stem. Imagine you're a motivational speaker you should be if you're not. Um, but how have you seen the role of females in technology changing in since there's so much opportunity there? >>Yes. That is a great question. I believe that RPA specifically, uh, is an incredible driver of women and influencing more women to enter into stem fields, primarily because it is such an innovative technology. There are so many roles he said that are open, just opening up. Uh, probably I've heard different numbers in terms of acceleration of growth over the next five to 10 years. So we're looking at a plethora of opportunities and these are brand new roles that women who are curious about stem, curious about being a technologist can dive right into from wherever they are. So whether they are a tax professional today, whether they are working within, you know, uh, counting, whether they're working with an internal audit, they have the opportunity now to test the waters. Um, and quite often it is such a, it's such a fascinating field. And as I said, there's so much potential around it and for growth and just for changing, uh, different industries, that it's a great driver for women to actually enter into, uh, stem technology, uh, and really drive change, facilitate change, and have more women at the table, so to speak. Okay. >>And you didn't, you didn't start in tech, in stem, right? I did not. Do you have a law degree or no, you have a Ms. >>So yes, little studies and then I actually, I'm a philosopher. So I started by my degree is in philosophy. I love >>This logic. Yes. I love how you've applied that to >>Yeah. Yes. I was not initially in stem and it was actually through an internship at a technology firm, uh, while I was in college that I don't first open to technology. And it just immediately captivated me just in terms of working, you know, that the speed, the pace, uh, just being able to solve these complex business problems at scale around the world. It was absolutely fascinating to me, obviously still is, but I think testing the waters in that way, um, as I was just talking before, it helped me to understand, I had never envisioned a career in technology, but having an opportunity to test the waters really enabled me to see that, wow, this is something where I have a skillset and it brings out a passion within me that I didn't know that I had. So it was a, it was a win-win. >>That's awesome. No worries. Last question. Where can folks go to get your book? >>Yes. So anywhere books are sold, uh, definitely on Amazon. Uh, we, if you are here at forward, we also are, have a book signing, so you can come find me. I'll be on the patio signing books and, uh, yeah, it's, it's everywhere. And I would love to hear feedback. And we're thinking about a second one. So please let us know how you like the, uh, the activities that are in there. >>Thank you. Congratulations. And Dave's going to pick one up so he can start. >>Yeah. The use case. I'm dying to dig >>In, do a breathing analysis on it, and he was great to have you on the program. Your energy is fantastic. You really open up opportunities for people. I hope that more people will watch this and understand that while the really the sky is really the limit. And, uh, thank you for your time. Absolutely. >>Thank you. It's a pleasure >>For Dave Volante. I'm Lisa Martin. We are live in Vegas at the Bellagio UI path forward for you right back with our next guest.
SUMMARY :
UI path forward for brought to you by UI path. It's the Q we are live in Las Vegas at the Bellagio. And I don't want to get into you all the way to, you know, what are all of the Spotify specific things that you have to do in And what was the role that you came to Spotify to do? intelligent automation center of excellence. And so I'm interested in that sort And the way we do that is through the training. It really catalyzed this and kind of led you to really And we felt that the best way to do that was through And I see you building all these awesome data products. that we are looking at and tracking, you know, what does success mean for our center of excellence? unique approach to spreading out the way that you can transform So it really packed a lot of knowledge in there, but the goal would be by the time you walk So again, it's very novice users it's meant for, to help facilitate that aren't, how did there was this massive uptake in automation because suddenly you couldn't get bodies into buildings. the loss of jobs, the potential fear, uh, we all we know as humans, Am I going to get pushed out of a, of a general, you know, uh, industry? And, and you just strike me as a person that's creative, so to speak, uh, so that you can actually start to come up with these really creative ways And creativity is actually one of the attributes. But in the beginning of the pandemic, you know, one of the things that I think we And as long as you approach it with a mindset of constantly growing constantly upskilling, a complex, uh, you know, uh, AI model, data science kind of ML or you may be up-skilled in some other type of scripting, uh, language similar But inside of a day, I can do something fairly simple, right? that you can run within as little as five half days. we used to have to go to Lotus class slash file retrieve for you folks who remember here we are in October, you mentioned started small, uh, be a, you know, a consummate professional in whatever role you're in, but also to help your team And I'm imagine you do work in stem. you know, uh, counting, whether they're working with an internal audit, they have the opportunity And you didn't, you didn't start in tech, in stem, right? So I started by my degree you've applied that to you know, that the speed, the pace, uh, just being able to solve these complex business problems at Where can folks go to get your book? we also are, have a book signing, so you can come find me. I'm dying to dig And, uh, thank you for your time. It's a pleasure you right back with our next guest.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Lisa Martin | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
Dave Volante | PERSON | 0.99+ |
October | DATE | 0.99+ |
five day | QUANTITY | 0.99+ |
Spotify | ORGANIZATION | 0.99+ |
five days | QUANTITY | 0.99+ |
Lotus | TITLE | 0.99+ |
Vegas | LOCATION | 0.99+ |
second day | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Excel | TITLE | 0.99+ |
IDC | ORGANIZATION | 0.99+ |
yesterday | DATE | 0.99+ |
six months ago | DATE | 0.99+ |
Amazon | ORGANIZATION | 0.99+ |
Lotus 1 | TITLE | 0.99+ |
three | QUANTITY | 0.99+ |
four | QUANTITY | 0.99+ |
five half days | QUANTITY | 0.99+ |
fifth day | QUANTITY | 0.99+ |
both | QUANTITY | 0.98+ |
this year | DATE | 0.98+ |
over 400 pages | QUANTITY | 0.98+ |
about four and a half | QUANTITY | 0.98+ |
Madison Prescott | PERSON | 0.98+ |
five hours a day | QUANTITY | 0.97+ |
ORGANIZATION | 0.97+ | |
one more question | QUANTITY | 0.96+ |
today | DATE | 0.96+ |
UI path | ORGANIZATION | 0.96+ |
over 100 citizen developers | QUANTITY | 0.96+ |
10 years | QUANTITY | 0.96+ |
five half days | QUANTITY | 0.95+ |
Sydney | LOCATION | 0.95+ |
10 | QUANTITY | 0.95+ |
one | QUANTITY | 0.95+ |
UiPath | ORGANIZATION | 0.94+ |
pandemic | EVENT | 0.93+ |
first | QUANTITY | 0.93+ |
3 | TITLE | 0.93+ |
last 18 months | DATE | 0.92+ |
five | QUANTITY | 0.92+ |
this morning | DATE | 0.92+ |
a day | QUANTITY | 0.9+ |
Sidney Madison Prescott | PERSON | 0.9+ |
UiPath academy | ORGANIZATION | 0.9+ |
about a hundred folks | QUANTITY | 0.9+ |
2 | TITLE | 0.89+ |
second one | QUANTITY | 0.83+ |
first year | QUANTITY | 0.78+ |
every single exercise | QUANTITY | 0.76+ |
Bellagio | LOCATION | 0.76+ |
a year | QUANTITY | 0.7+ |
studio S | ORGANIZATION | 0.59+ |
Bellagio UI | ORGANIZATION | 0.56+ |
UI | TITLE | 0.56+ |
UI | ORGANIZATION | 0.44+ |
studio X. | TITLE | 0.43+ |
Purna Doddapaneni, Bain & Company | UiPath FORWARD IV
>>from the bellagio hotel >>in Las Vegas, it's the cube covering Ui Path forward. Four brought to you >>by Ui Path. Welcome back from the bellagio in Las Vegas. The Cubans live at Ui Path forward for I'm lisa martin here with Dave Volonte. We're gonna be talking about roadblocks to automation and how to navigate around them, joining us next as Pernando Panini expert associate partner at bain and company per night. Welcome to the program. >>Thanks lisa. Happy to be here. >>Talk to us about some of the use cases that bain is working on with you I Path and then we'll dig into some of those roadblocks that you guys have uncovered. >>Yes. Uh I started a few months ago where we're working with Brandon who's the product lead on the Ui part side. We wanted to understand what's the state of citizen development and what are the blockers and how we should Both from the product side. But also on the automation journey side we need to dig deeper and understand where each of the clients and the employees are going through the journey together >>and if you look at it from the citizen developer perspective, what are some of those roadblocks? >>There are a few. So when like if you before we go to the roadblocks there are three main concerns or I would say critical groups that are involved in being successful with automation. The organization or bu leaders, the I. T. And employees. So each of the groups have different perceptions on like misconceptions or perceptions on benefits of automation and how to go up go about it. The blockers that we have seen where like a three sets of blockers. The first is cognitive where employees are unaware of automation on the benefits of automation and the second one is more organizational where organization leaders and how they feel about automation or how the how they think about employees when we introduce automation to them. One part of that is there is a misconception without nation leaders that employees are fearful of job loss when you introduce automation. What we have seen in our research is it's completely the opposite of employees are eager to adopt automation have given an opportunity, they are willing to upscale themselves and they are willing to save the time so that they can spend that on critical value added activities for um for their customers in the process. And a third blocker that we have seen is more on the product side where the some of the employees that we talked to as much as progress has been made by RPF vendors and local local vendors. It's still these tools are not intuitive user friendly for business users. They still feel they need to go through some training programs and have a better user friendly interface is >>what's the entry point she would organization first time I ever heard of Arpaio Years and years and years ago was at a CFO conference. Okay so that's cool. It seems like it forward for there's a lot more C. I. O presence here and that. Is that relatively new or did I just miss it before? >>It is relatively new. So like when we looked at like in the past few years the empty point has been someone in finance or I. T. Has heard about R. P. A. The benefits of head. They went and bought a handful of licenses and then they went and implemented it but it's just a handful of processes. It's not organizational wide. It has been mostly on a smaller sub scale of processes. And projects now that like organizations are realizing employees are asking and we are like slowly growing up with automation ceo es it's now it's intersecting with the C XL level of if it has to intersect with your or if you want to reinvent your business through automation, it has to come from the sea X level and that's where we're seeing more and more. See IOS are being involved in decisions on automation journeys, the technologies they have to buy and adopt for the business processes. >>So I. T. Can be an enabler of course. Also sometimes it can be a blocker. Um and you know, certainly from security standpoint governance etcetera. And so one of the things that we heard today in the keynotes was you don't want to automate the C I. O. He or she owns this application portfolio and everybody wants to do new projects because that's the fun stuff we heard from one CFO. Yeah. You add up all the NPV from the new projects. It's bigger than the valuation of the company. Right. But the C i O is stuck having to manage the infrastructure and all the processes around the existing application portfolio. One of things I heard today was don't automate an application or a process that you're trying to retire because we never get rid of stuff in it. So I wonder should automation like an enterprise wide automation? Should there be kind of an application rationalization exercise or a business process rationalization coincident with that >>initiative? Absolutely. I think that was one of the blockers that we have seen. Like some of the misconceptions and some of the blockers when I looked at it for them, they consider like you're bringing all these tools you're asking business users to like who haven't had haven't been trained in technology or programming, You're asking them to build these automation ins So one they have to manage with the all the applications and the tools for all that happens. And to manage these automation is after business users have either left the company or moved on. So it is essential for them to think through and provide a streamline tools it on on two aspects. one it needs to be as as you started off, it needs to be an enabler to provide them the specific tools that they can, they have already blessed. They've curated it which are ready for business consumption. A second part I can also do is providing collaboration platforms so that business users can learn from each other and from it so that they can one are developing the right processes with the right methodology that is governed by I. T. And no security or data governance issues. Come through. >>One of the things that you mentioned in terms of the three roadblocks ceo uncovered was that you were surprised that the results of the research showed that in fact employees are really wanting to adopt automation. In fact I think the stat is um 86% of employees want automation but only 30% of leaders are giving them the opportunity to use that. That's a big gap. Why do you think that is >>so a few things. Right. I mean as we talked about the three constituents that you have right one is automation leaders. If you consider from them. Their view is their employees are not capable of adopting or building on the automation is using these tools and they need technical skills. But the all the automation vendors have made progress and if you look at the tools today are much more user friendly and business users are willing to adopt. The second part as we talked about is like the fear of job loss from the employee standpoint. Whereas employees are looking at it as an opportunity for them to up skill but also eliminate the pain points that they have today in the day to day activities using the automation tools. And for them it is like this is helping them spend the time with the customers where it matters on critical value added activities versus going through reparative process of the journey. And the third part we talked about earlier with I. T. I. T. Has this notion that they need to build and develop anything technical. Business users will not be able to build or manage and they're also worried about the governance, the security and the third part which you brought up earlier is that tool sprawl, It's like we need to manage like this volume of tools that are coming in which is only adding to their plate of already busy busy workforce. >>I have one of those. It depends questions and it's a good consultant I'm sure you say well it depends but are there patterns best practice or even more than best pressures? Are there sort of play books if you will? And patterns? I'm sure it's situational. But are you seeing patterns emerge, you can say okay this sort of category should approach it this way. Here's another one in a different, maybe it's a department bottoms up top down, can you help us sort of squint through that? >>Yeah. So in terms of approaches like at least up till now the prevalent thing that is happening is like C. O. Es went and buy some licenses they talk about like opportunities that they have. So it's more of a top down driven uh like ceo driven agenda. What we're seeing now especially with citizen automation or democratisation of automation is there's a new approach of including employees into the journey and bringing the bottoms up approach. So there's a happy path where you marry up the top down approach with bottoms up and one you will find opportunities which are organizational wide with the bu leaders and they are ones which are on the long tail of opportunities which employees feel the pain but I. T. Or C. O. He doesn't have the time to come and implement or automate these activities. Um considering like one part we have seen which is increasingly helpful for people who have done this properly is including employees. And one thing we talked yesterday is invest in employees. They consider automation as investment in employees rather than something they're doing to employees. So it's kind of collaborating with employees to make progress which seems to be helping evangelize and also benefit with automation. How >>Have the events of the last 18 months impacted this as well, we've seen so much acceleration and the mandate for automation. What are some of the things that you've seen? >>Sure. So for us like even before the pandemic we've seen in our research so like more than close to 50% of the organizations that they started the automation journey were unable to achieve the savings or targets that they set themselves for whatever the success factors are. Which which hard. A few reasons one they didn't have the organizational support, not they were taking the end to end journey or a customer journey to figure out like what are these big opportunities that they can go through and they haven't included employees and to figure out what are the major pain points to go through the journey. One thing it was clear was with covid, no one expected this kind of disruption in a pan and a pandemic. There are a lot of offshore centres or like pretty much different geography is got disconnected from the work that's being done. You still need to support your customers, there is still a higher demand, what do you do? It's not like you can scale up your employees in a pandemic, that's where like we have seen increasing push towards automation and technology to see that can help and support and scale in a pandemic environment uh and also help your customers in the journey. >>So has in your opinion has automation become a mandate? Uh As a result of the pandemic >>I would say. Yeah I I would consider it's more of like now it's become a I would say uh business won a competitive differentiator to say like one I needed to keep my lights on and resiliency but also the companies have done really well they saw the advantage and they whether the pandemic better with the customers now they use that as a platform to create a competitive differentiation against their peers and push things forward. >>one of the things we heard of today and the keynotes is you got to think about my words, the life cycle, you don't just put in the bot and then just leave it alone. You really have to think through that. And that seems to me to be where you would help customers think through how to get the most return out of their investment. You I passed product company I think it's great. And so you talk about the value layer that you guys bring. >>So for us it's it's like when we talked to mostly be bringing from the business side of the house to understand what are the key drivers that you need to work on. I mean even before we talk about technology, we talk about, let's understand from the customer standpoint what is your customer journey into end and look through that journey lens and let's take the process and to end, let's look at redesigning process and making it more optimal and streamlined and where technology fits in. That's when we talk about like if it is an RPG or if it's a UI Path platform that can support, let's go through that journey versus taking the tool itself as the solution and trying to find every nail that you can hurt, which usually is not sustainable to your point. Like we need to think through the whole life cycle, make sure this is going to last. Or if you are retiring. Like in the ceo panel that was a discussion where that we need to think through when we are going to retire and make sure like we are in that journey versus building all these automation zor bringing all these tools and leaving them alone for I. T. To manage long term. >>No. Again the last 18 months. Again, question about the the um reactions catalyzed facilitated thinking about those three roadblocks. The cognitive roadblocks the organizational roadblocks since particularly what I'm interested in this question and product, what are some of the conversations that you've seen or trends that you seem to help those organizations better understand how to collaborate with each other so that what they're not doing is putting in our P. A point tools but really starting to build the right part of the nomination and and journey into their digital transformation plans. Yeah. >>I mean in a way to again, I'll go back to the three concerns that we talked earlier, right? It's it can only go so far and automate so much because they haven't seen the business lens of like how the processes are what they have to do and to end, which is where you need to involve the business leaders who can give you that view from the business side and employees who are seeing the work day to day and where they can eliminate the pain points. So the organisms that are successful, they are creating a collaborative environment between the three groups to push things forward. You >>have to have that collaboration that's critical. Otherwise, that's probably one of the road blockers as well. >>Yeah, absolutely. >>Where does automation fit? I mean you're obviously heavily into automation, but let's think about the bane portfolio, the boardroom discussions. Where does automation fit? I mean there's security, there's how do we embed ai into our business? How do we sas if I our business um how do we do transform digitally? Where's automation fit in that hole discourse? >>So I think the automation is like at the heart of digital transformation, the part which we have seen where the gap is is not taking the business angle and actually thinking through the process and to end versus picking up a tool and trying to go solve a problem or find a problem to solve. And that's where we think in our discussions with boardrooms, it's more of let's think through how you want to reimagine your company or how you want to be more competitive looking into the future and like walk back from that standpoint and then started part from, I mean, the way we call it the future back like where you are today and now, like let's go forward and to what your end status and where technology broadly a digital tools and where automation fits in the process. >>How do you see what you i path is talking about at this conference? The announcements from yesterday? There's a lot of people here which is fantastic. How do you see what they're announcing? The vision that they set out a couple years ago that they're now delivering on. How is that a facilitator of organizations removing those roadblocks? Because as you said automation is a huge competitive differentiator these days and If we've learned nothing in the last 19 months you gotta you gotta be careful because there's always a competitor in the rear view mirror who might be smaller faster more agile ready to take your place. >>Yeah so like a few things that we've seen in the product roadmap that you talked about is they are providing the collaboration platform or tools where the I. T. Business owners can work through. Like for automation hub is what they talked at length yesterday is that's the platform where business users can provide their ideas. Like you provide process mining tools which can capture the process and the business users understand the process and they are the ones who are putting in an opportunity on the road map. So you have now a platform where all the ideas are being catalogued and once you implement they're being tracked on the automation hub so that that is providing a platform for everyone to collaborate together. The second one which Brandon talked yesterday is the tool itself for Studio X. When we're talking about citizen developers, employees trying to use and make it more user friendly. Is that where the Studio X which is providing that you are interface? Which is easy intuitive for business users to build basic automation is and try to take that long tail of opportunities that we talked about. So all these tools are coming together as one platform play, which you ipod has been talking about all through the conference and that is critical for everyone to collaborate to make a progress versus only thinking it's an easy job to implement the automation opportunities. That >>collaboration is business critical these days. Right. Thank you for joining David me and the program talking about some of the roadblocks that you've uncovered, but also some of the ways that organizations in any industry can navigate around them and really empower those employees who want automation in their jobs. We appreciate your insights. >>Happy to be here. Thanks for having us. You're welcome >>for day Volonte. I'm lisa martin live in las Vegas at UI Path forward for we'll be right back with our next guest. Yeah. >>Yeah. Mm. Mhm
SUMMARY :
Four brought to you We're gonna be talking about roadblocks to automation and how to navigate around them, Happy to be here. Talk to us about some of the use cases that bain is working on with you I Path and then we'll dig But also on the automation journey side we need to dig deeper and understand where of the employees that we talked to as much as progress has been made by RPF Is that relatively new or did I just miss it before? the C XL level of if it has to intersect with your or if you And so one of the things that we heard today in the keynotes was you don't want to automate the one it needs to be as as you started off, One of the things that you mentioned in terms of the three roadblocks ceo uncovered was that you were surprised the governance, the security and the third part which you brought up earlier is that tool sprawl, But are you seeing patterns emerge, you can say okay this sort feel the pain but I. T. Or C. O. He doesn't have the time to come What are some of the things that you've seen? the end to end journey or a customer journey to figure out like what are these big opportunities that they can go through advantage and they whether the pandemic better with the customers now they use that as one of the things we heard of today and the keynotes is you got to think about my words, as the solution and trying to find every nail that you can hurt, which usually is not sustainable to The cognitive roadblocks the organizational roadblocks since particularly what I'm interested in this question and product, So the organisms that are successful, they are creating a collaborative environment between the three groups to Otherwise, that's probably one of the road blockers as well. portfolio, the boardroom discussions. I mean, the way we call it the future back like where you are today and now, like let's go forward and to what your How do you see what you i path is talking about at this conference? on the automation hub so that that is providing a platform for everyone to collaborate together. program talking about some of the roadblocks that you've uncovered, but also some of the ways that organizations in any Happy to be here. with our next guest.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Volonte | PERSON | 0.99+ |
David | PERSON | 0.99+ |
lisa | PERSON | 0.99+ |
Studio X. | TITLE | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
Studio X | TITLE | 0.99+ |
IOS | TITLE | 0.99+ |
yesterday | DATE | 0.99+ |
lisa martin | PERSON | 0.99+ |
each | QUANTITY | 0.99+ |
second part | QUANTITY | 0.99+ |
las Vegas | LOCATION | 0.99+ |
today | DATE | 0.99+ |
Brandon | PERSON | 0.99+ |
three groups | QUANTITY | 0.99+ |
Four | QUANTITY | 0.99+ |
two aspects | QUANTITY | 0.99+ |
86% | QUANTITY | 0.99+ |
C. O. Es | PERSON | 0.99+ |
third part | QUANTITY | 0.99+ |
bain | ORGANIZATION | 0.99+ |
one | QUANTITY | 0.99+ |
three concerns | QUANTITY | 0.99+ |
UiPath | TITLE | 0.98+ |
30% | QUANTITY | 0.98+ |
first | QUANTITY | 0.98+ |
C. O. | PERSON | 0.98+ |
Both | QUANTITY | 0.98+ |
Ui Path | LOCATION | 0.98+ |
One part | QUANTITY | 0.98+ |
Ui Path | ORGANIZATION | 0.98+ |
pandemic | EVENT | 0.98+ |
three constituents | QUANTITY | 0.98+ |
three sets | QUANTITY | 0.97+ |
C i O | TITLE | 0.97+ |
first time | QUANTITY | 0.97+ |
One | QUANTITY | 0.97+ |
Pernando Panini | PERSON | 0.96+ |
I Path | ORGANIZATION | 0.96+ |
Ui | LOCATION | 0.95+ |
one part | QUANTITY | 0.95+ |
three roadblocks | QUANTITY | 0.95+ |
third blocker | QUANTITY | 0.93+ |
Volonte | PERSON | 0.93+ |
second one | QUANTITY | 0.91+ |
last 18 months | DATE | 0.91+ |
three main concerns | QUANTITY | 0.91+ |
Cubans | PERSON | 0.9+ |
one platform | QUANTITY | 0.9+ |
years ago | DATE | 0.88+ |
couple years ago | DATE | 0.87+ |
I. T. I. T. | PERSON | 0.86+ |
few months ago | DATE | 0.84+ |
past few years | DATE | 0.79+ |
I. T. | PERSON | 0.79+ |
last 19 months | DATE | 0.79+ |
Bain & Company | ORGANIZATION | 0.78+ |
bellagio | ORGANIZATION | 0.76+ |
C I. | TITLE | 0.75+ |
One thing | QUANTITY | 0.72+ |
Arpaio | ORGANIZATION | 0.71+ |
blockers | QUANTITY | 0.71+ |
more than close to 50% | QUANTITY | 0.69+ |
Years | DATE | 0.68+ |
years | DATE | 0.64+ |
ipod | ORGANIZATION | 0.63+ |
Mark Geene, UiPath & Peter Villeroy, UiPath | UiPath FORWARD IV
>>from the bellagio hotel in Las Vegas >>it's the >>cube >>covering Ui >>Path Forward four brought to you >>by Ui Path. >>Welcome back to las Vegas. The cube is live with you. I Path forward four at the bellagio lisa martin with Dave Volonte. We're gonna be talking about you I Path integration suite, we have a couple of guests joining us here. Mark Jeannie is here the GM of Ui Path, formerly the co founder and Ceo of cloud elements and Peter Villeroy also joins us Director of Global I. T. Automation practice at UI Path guys welcome to the program. >>Thanks lisa. Great to hear. >>So Mark, let's go ahead and start with you. The Cloud elements acquisition was done in about the last six months. Talk to us about why you chose to be acquired by Ui Path and where things are today. Some big announcements yesterday. >>Yeah absolutely. So yeah if you go back six months ago um you know we have been in conversations with you I Path for for quite a while and um you know as we were looking at our opportunities as an api integration platform. So cloud elements just to step back a little bit um was a leader in helping companies take a P. I. S integrate applications together and bed that into their into their apps and um you know I Path approached us about the combination of what's happening in the automation world and you know these these have been a society as the marine Fleming from I. D. C. Mentioned this morning integration and DARPA have been separate swim lanes and what we saw and what you I. Path approaches with was ability to combine these together and really be the first company to take and take ui automation and seamlessly connected together with A. P. I. Automation or api integration >>Peter What's been some of the feedback? We know you guys are more than 9000 customers strong now we've had a whole bunch of amount yesterday and today. What's been the feedback so far on the cloud elements acquisition? So >>there's a huge amount of interest. We've had very positive feedback on that lisa the combination of Ui driven automation and A. P. I. Uh Native Integrations is is key especially to the I. T. Leadership that I work with. Um some of whom have traditionally compartmentalized you ipads platform in the Ui space and legitimately think about their own internal processes as being having very little to do with the user interface right. And so combining Ui driven automation together with uh api integration really helps too pick them up where they are and show them the power of that kind of a hyper automation platform that can deliver value in a number of spaces. And you guys ever >>see the movie Blindside? All right. You know what I'm talking about with joe. Theismann gets hit from the blind side and then his career is over and and that's when people realized oh my gosh the left tackle for right handed quarterback is so important and it's subsequent drafts when somebody would pick a left tackle like a good left all the rest went and that's what's happening in in the automation business today. You guys took the lead, you you set the trend. People said wow this is actually going to be a huge market. And then now we're seeing all this gonna occur. And a lot of it from these big software companies who believe every dollar of software should go to them saying hey we can actually profit from this within our own vertical stacks. So what do you make of all the M. And A. That's going on in particular? There was one recently where private equity firm is mashing together a long time R. P. A vendor with a long time integration firm. So it looks like you guys, you know on the right >>side of history in this regard. Your thoughts. Yeah. Absolutely. I mean if you think about automation right you've got to obviously help people do their jobs better. But if you're going to automate a process and a department you needed connect the applications that they use that those people use otherwise you can't accomplish it. And where ap is fit in as is automation and ui automation has become more and more mission critical and it's become bigger and bigger part of enterprise I. T. Wants to get involved. And so enterprise gets involved and what's their stack. It's api based their technology stack is how you connect back is through api so more and more companies are seeing what you I path saw is that if you're gonna automate every process and every department for every person you need to connect to every application that they're using and that's why this is now becoming right. Three companies now just recently have done these types of acquisitions of bringing an integration platform in and combining them together are trying to combine them together. >>All mps are not created equally as we know. Some are sort of half baked lot of them. Many of them don't have decent documentation so there's sort of a spectrum there. How do you, how do you think about prioritizing? How do you think about the landscape? Do you just kind of ignore the stuff that's not well documented and eventually that will take care of itself. How should we think about there have always >>been layers of integration right. Especially working with the ICTy organizations. So you've got our native integrations would make it easy to drag and drop activities and then you've got the A. P. I. Is that we can consume with various activities. That area has really grown through the acquisition of cloud elements and then you've got that third layer where when all else fails, you go on to the user interface and interact with the application like a human does and what you see is that our our interaction with college elements really enables a great enhancement of that lower base level um which is mildly interesting to the lines of business very important. I Yeah, for sure. >>So the reason I asked that question is I was talking to one of your customers this big ASAP customers said I love you ipad. The problem I have is I got so many custom mods and so it's just you know orally documented and I can't I wanna put automation in there but I can't. So to those parts of the tech stack become like the main frame of you know what I mean? And just sort of they live there and they just keep doing their thing but there's so much innovation that pops up around it. How do you how do you see that? >>Well that's part of the agility that comes with the platform like you ipads is that you can interact with the very clean uh swagger documented restful aPI s and you can interact with SCP on their proprietary ages old A. P. I. S. Um Those are things that we've traditionally done decently well, but again through this acquisition we could do that on a grander scale um with bidirectional triggering and all the goodness that you >>solve that problem today that your customer and this is a couple of years ago, you can solve that problem with cloud elements. Is that right? >>Yeah, absolutely. The the ability to integrate too these enterprise platforms like ASAP you need multiple tools to do the job. Right. So ui automation is great but if you've customized ui significantly or other things like that then the A. P. I can be a great structure for it and other cases where um that api provides a resiliency in a in a scale to it that um opens up new processes as well to those corporate systems. Right? So the balance of being able to bring these two worlds together is where you can unlock more because you got >>east west automation >>that's very good overhead and now >>you're going north south with cloud elements is deeper. Right, >>bottom line from the VP of its point of view, the more that can be done from a machine to machine communication the better. So sure. >>What's the opportunity for the existing cloud elements customers to take advantage of here? >>Yeah, absolutely. Um We've continued to support, brought our customers over with us. Uh Part of our customer base has actually been a significant number of software customers. Uh cos S. A. P. S. One of them doc you sign gain site, you know, so household names in the world of software as well as large financial services institutions like US Bank and Capital One and american Express, all of them had that common need where um they wanted to have an api centric approach to being able to connect to customers and partners and leverage our platform to do that. So we will continue to support that extend that. But we see opportunities where again we couldn't automate everything for our customers just threw a PS And uh you know for example one of our major financial services institutions were working with wants to take um and provide a robot for their uh customers and commercial payments to be able to automatically kick off in A. P. I. And so that seamless integration where we can combine that automation with robots leveraging and kicking off a P. I. S automatically takes us further into automating those processes for those >>customers. So you guys six months right. Uh talk about how that integration api integration company better gone smoothly. But what was that like you guys are getting the knack of M and a talk about that, what you learn maybe what you would do differently to even accelerate further, How'd it go? Uh >>That's the best answer from you having been on the >>acquisition side. Um Well we how well it went is six months later, which I think is really unheard of in the technology world, we're introducing our combined offering you I Path integration service that essentially takes what cloud elements built embeds it right into automation. Cloud studio in the Ui Path products. We and uh it's been a global effort. Right? So we had the Ui Path team was based in Hyderabad Denver and Dallas and then we've got um Ui Path engineers working with that cloud elements team that are in Bucharest Bellevue and bangalore and with the miracles of zoom and uh that type of thing, never meeting anyone in person, we were able to integrate the product together and launch it here today >>six months is a fast turnaround time frame was how much of that was accelerated by the, by the fact of the global situation that we're in. >>Yeah, well you know in some respects that that helped right? Because we um um we didn't have to waste time traveling and we could hop on zoom calls instantly. We spent a lot of time even over zoom making sure there was a cultural fit. You I path has a, you know, not only the humble, bold and type of values but it's a very collaborative environment, very open and collaborative environment as Brent can attest to. And that collaboration, I think in that spirit of collaboration really helped us feel welcome and move quickly to pull this together. And also >>the necessity is the mother of innovation right. Uh you ipad traditionally being popular in the CFOs organization were becoming the C I O s best friend and the timing was right to introduce this kind of capability to combine with what we traditionally do well and really move into their picking up like I said the customer where they are and leading them into that fully end to end automation capability and this was integral. So it wasn't time to kick the tires but to get moving >>and my right, there's a governance play here as well because I. T. Is kind of generally responsible for governance if you make it easier for them to whatever governance systems they're using >>governance privacy >>security that now you can just connect. They don't have to rip and replace. Is there an angle there? >>Sure, yeah. So nothing is more important than I. T. Than than control and governments and change management and half of the uh conversations we're having out there on the floor are around that right um uh ensuring that all of the good governance is in place um and we have a lot of the uh integrations and frameworks necessary to help that through your devops pipeline and doing proper ci cd and test automation um and you know introducing that integration layer in addition to what we already have just helps all of that to uh move more smoothly and bring more value to our customers. >>Mark talk to me about some of the feedback from customers that you mentioned, doc Watson. S A P probably I imagine joint customers with you. I path now there you're working together, what's the what's in it for them? >>Yeah, no the feedback has been tremendous. Right, so um api automation is not new to you. I path but customers have been asking for more capability. So one of them is in that governance area that we were just talking about, right, the ability to create connections centrally enable them disable them. Right? You got mission critical corporate applications. You want to be able to make sure that those applications are being controlled and monitored. Right? So that was one aspect. And by bringing this as a cloud based service, we can accomplish that. Um the other area is that this eventing capability, the ability to kick off workflows and processes based on changes to corporate applications, a new employees added in workday. I want to kick off a process to onboard that new employee and that triggered eventing service has been really well received and then um yeah, so that I'd say with the ability to also create new connections more simply was the third big factor. Uh we created a standardized authentication service. So no matter where you are in the UI Path product line, you get a consistent way to create a new connection, whether it's a personal connection by a business user too, you know, google docs or Microsoft office or your C O E R I T. Creating a connection to uh an important corporate system. >>How about the partner? I know you guys had partner day here leading into forward for they must be stoked about this gives you a lever to even add new partners. What was those >>conversations like? Yeah, yeah, no, absolutely. The partners are excited about those same features but um they're also excited about something in our roadmap which we expect to be previewing early next year and that's a connector builder. So the ability for partners to uh more quickly than ever create their own connectors. That'll work just like first party connectors that we ui Path build and add them into catalogs, share them in the market place. So there's new revenue opportunities, new opportunities for partners to create reusable assets that they can leverage and yeah so um lots of things, lots of work to continue to do, right? It's only been six months and uh but that's that's gonna be a big initiative going forward. >>So integration service as you mentioned, announced at this conference, we know that that's the first step obviously accomplished as we also talked about very quickly in a six month time period. But what does the future hold for api automation and integration service? >>So um one of the key areas just continue to expose the integration service um more broadly in the Ui Path product portfolio. Now that we have this service, more Ui Path products will be able to leverage it. Right? We're starting off with studio and orchestrator but that we can all use and share that common common capability. Um The other is to make access to complex business systems easier. So you think about it right. A uh to get a purchase order from net suite might take five or six api calls to do. Well, a citizen developer doesn't know what those five or six things you have to do. So we'll be creating these business activities or just get me open purchase orders that will work seamlessly in the studio product. And behind the scenes. Well, chain together those 56 aPI calls to make that a simple process. Right? So taking the integration service and making it even more powerful tool for that citizen developer than nontechnical user as well. So that's >>development work you're going to do. >>That's what we're gonna do as well as enable partners to do as well. So it's a key part of our road map over time. Because >>yeah I mean the partner pieces key because when net suite changes how it you're creating that abstraction layer. So but that's value add for the partners. >>Absolutely. And they have that domain expertise, right. They can create assets, leveraging the UI path automation capabilities but also bring their knowledge about A. S. A. P. Or workday and those oracle ebs and those core business systems and then combine that together into assets that enhance integration service that they build and I can I can share with their customers and share with our market >>because the work workday developer is going to know about that well ahead of time. No, >>it's coming and they know better than we do. Right. That's their business. That's what they know really well. >>Nice nice value at opportunity, peter >>One of the things that you iPad has been known for is its being very and I've said this on the program the last two days, that's being a good use case for land and expand. You guys have 70% of revenue that comes from existing customers. Talk to me about the cloud elements acquisition as a facilitator of because you kind of mentioned, you know, we're used to be really in bed with the cfos now we're going to see us and we've heard from a number of your customers where they started in finance and it's now Enterprise White, how is this going to help facilitate that? Even more? >>It really helps, you know, touching on what Mark just mentioned about the citizen developer, right, just as one of many examples, the empowerment of end users to automate things for themselves um is critical to that land and expand um successes that we've been seeing and where from an I. T standpoint, the frustration with the citizen developer is, you know, maybe what they're building isn't so top notch right? It works for themselves. What we can't replicate that, but put making it easy to make api integration part of what they do in studio X is so key to enhancing also the reusability of what's coming out of there. So that c uh C O E S can replicate that across teams are globally within their organization and that's part of land and expand because you may find something that's valuable in one line of business replicates easily into another line of business if the tool set is in place >>pretty powerful model lisa >>it is guys. Thanks so much for joining us today, talking about the club elements acquisition, what you're uh, doing with integration service, What's to come the opportunities in it for both sides and your partners? We appreciate your time. >>Great. Thank you. Thank you very much. I >>appreciate it. Thank you for >>David Want I'm lisa martin. You're watching the cube live in las Vegas at the bellagio Ui Path forward for stick around. We'll be right back. Yeah. Mhm. Mhm mm.
SUMMARY :
We're gonna be talking about you I Path integration suite, Great to hear. Talk to us about why you chose to be acquired in the automation world and you know these these have been a society as the marine We know you guys are more than 9000 customers strong now we've had a whole bunch And you guys ever So what do you make of all the M. api so more and more companies are seeing what you I path saw is that if How do you think about the landscape? and interact with the application like a human does and what you see is that our our of the tech stack become like the main frame of you know what I Well that's part of the agility that comes with the platform like you ipads is that you can interact you can solve that problem with cloud elements. So the balance of being able to bring these two worlds together is you're going north south with cloud elements is deeper. bottom line from the VP of its point of view, the more that can be done from a machine to Uh cos S. A. P. S. One of them doc you sign the knack of M and a talk about that, what you learn maybe what you I Path integration service that essentially takes what cloud elements built embeds it by the fact of the global situation that we're in. Yeah, well you know in some respects that that helped right? Uh you ipad and my right, there's a governance play here as well because I. T. Is kind of generally responsible for governance if you make it easier security that now you can just connect. and half of the uh conversations we're having out there on the floor are around that right um Mark talk to me about some of the feedback from customers that you mentioned, doc Watson. So no matter where you are in the UI Path product line, you get a consistent way I know you guys had partner day here leading into forward So the ability for partners to uh more quickly than So integration service as you mentioned, announced at this conference, we know that that's the first step So you think about it right. So it's a key part of So but that's value add for the partners. service that they build and I can I can share with their customers and share with our market because the work workday developer is going to know about that well ahead of time. it's coming and they know better than we do. One of the things that you iPad has been known for is its being very and I've said this on the program the last two days, and that's part of land and expand because you may find something that's valuable in one line of business replicates what you're uh, doing with integration service, What's to come the opportunities in it for both Thank you very much. Thank you for David Want I'm lisa martin.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Volonte | PERSON | 0.99+ |
Peter Villeroy | PERSON | 0.99+ |
Mark Geene | PERSON | 0.99+ |
five | QUANTITY | 0.99+ |
70% | QUANTITY | 0.99+ |
Capital One | ORGANIZATION | 0.99+ |
Mark | PERSON | 0.99+ |
lisa | PERSON | 0.99+ |
six | QUANTITY | 0.99+ |
Ui Path | ORGANIZATION | 0.99+ |
Mark Jeannie | PERSON | 0.99+ |
las Vegas | LOCATION | 0.99+ |
six months | QUANTITY | 0.99+ |
six month | QUANTITY | 0.99+ |
Three companies | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
iPad | COMMERCIAL_ITEM | 0.99+ |
six months ago | DATE | 0.99+ |
US Bank | ORGANIZATION | 0.99+ |
more than 9000 customers | QUANTITY | 0.99+ |
David | PERSON | 0.99+ |
Microsoft | ORGANIZATION | 0.99+ |
yesterday | DATE | 0.99+ |
Peter | PERSON | 0.99+ |
lisa martin | PERSON | 0.99+ |
Theismann | PERSON | 0.99+ |
UI Path | ORGANIZATION | 0.99+ |
bangalore | LOCATION | 0.99+ |
Brent | PERSON | 0.99+ |
one | QUANTITY | 0.99+ |
first step | QUANTITY | 0.98+ |
six months later | DATE | 0.98+ |
third | QUANTITY | 0.98+ |
Watson | PERSON | 0.98+ |
I. D. C. | LOCATION | 0.98+ |
early next year | DATE | 0.98+ |
Dallas | LOCATION | 0.98+ |
ipad | COMMERCIAL_ITEM | 0.98+ |
both sides | QUANTITY | 0.97+ |
third layer | QUANTITY | 0.97+ |
ipads | COMMERCIAL_ITEM | 0.97+ |
ORGANIZATION | 0.97+ | |
first company | QUANTITY | 0.96+ |
Bucharest Bellevue | LOCATION | 0.96+ |
last six months | DATE | 0.96+ |
UiPath | ORGANIZATION | 0.95+ |
One | QUANTITY | 0.95+ |
I. T. | ORGANIZATION | 0.93+ |
Blindside | TITLE | 0.93+ |
I Path | ORGANIZATION | 0.92+ |
one aspect | QUANTITY | 0.92+ |
two worlds | QUANTITY | 0.91+ |
couple of years ago | DATE | 0.89+ |
joe | PERSON | 0.87+ |
Hyderabad Denver | LOCATION | 0.87+ |
peter | PERSON | 0.87+ |
I Path | TITLE | 0.86+ |
bellagio | ORGANIZATION | 0.86+ |
six api calls | QUANTITY | 0.84+ |
first | QUANTITY | 0.82+ |
bellagio hotel | ORGANIZATION | 0.82+ |
this morning | DATE | 0.81+ |
american Express | ORGANIZATION | 0.79+ |
studio | TITLE | 0.79+ |
Global I. T. | ORGANIZATION | 0.78+ |
Ui | ORGANIZATION | 0.78+ |
last two days | DATE | 0.78+ |
DARPA | ORGANIZATION | 0.78+ |
every dollar | QUANTITY | 0.77+ |
Rajesh Garg, Landmark Group | UiPath FORWARD IV
>>From the Bellagio hotel in Las Vegas, it's the cube covering UI path forward for brought to you by UI path >>Live from Las Vegas. It's the cube. We are here with UI path at forward for I'm Lisa Martin, with Dave Volante and a lovely setting at the Bellagio. We're going to be talking about automation from the CFO's perspective. Our next guest is our jet guard group financial officer at landmark group, or just welcome to the program. >>Thank you so much. Thank >>You. Before we dig into your transformation strategy and how automation is a key to that, help the audience understand a little bit about landmark. >>Absolutely. So landmark is one of the largest, uh, non-food primarily retailer in the middle east and Asia, India, and now increasingly in Southeast Asia. So we've got about 50 brands, uh, more than half of them, which are homegrown our own brands and some franchise brands. So about 2,200 stores, uh, across 20 countries, 55,000 employees. Um, so 30 million square feet of retail space >>They company. When was the company founded, >>Uh, 48 years ago, >>Legacy institution you were mentioning before we went live that you guys have been working with UI path since 2017. So talk to me about that legacy institution, embracing cloud digital transformation and automation as a, from a visionary strategic perspective. >>Yeah. So look, I mean, you know, you get so many technologies that are being thrown at you. So I would say you have packed or robotic process automation was just another one like that. So I wouldn't say it was like part of a grand strategy. You know, it comes as it looks like, Hey, this is cool. You know, in the, in the back office, when somebody showed me first 10 desks with nobody sitting on them, it's kind of spooky. So he said, Hey, this, this looks very interesting. So it started off like that, but then it has just grown because we've stayed with it. So we've amongst things in the early part of your parts customers and, and it's been phenomenal, you know, what, uh, what we're able to do with, uh, with, uh, robotic process automation. Uh, I mean, you know, I've been in this industry with my past employers, like Proctor and gamble and Cadbury, Schweppes, and all, and essentially we used to follow the part of, you know, you eliminate all the non-value add you, then try and automate whatever your ERP system, then all allowed you to automate. >>Then what's left, you consolidate, and then you find the right shore, right. It can be offshore or wherever. So that was the sequence. But I think a lot could not be automated because there are huge gaps in the systems that are being offered and you have a mosaic of systems, every company will have. Right. Um, and then we would end up doing lot more offshore or, you know, other kinds of tactics, but then once RPA showed up on the scene, it's suddenly disrupted everything because now whatever the systems can do, or when you have to move data from one system to the other or make sense out of it, that's where this technology sits. And so that's, so that's very, I, you know, we've now got a pretty large, uh, robotic process automation practice. And, and, you know, we are touching started with finance and now we are pretty much enterprise wide. So all the, >>These technologies are coming together, automation, RPA, cloud AI, they're all sort of converging. And as a retailer, I'm curious as to what your cloud strategy is and how that fits and all, there's always a lot of sensitivity from retailers that don't want to be on Amazon, maybe some do. And they say, Hey, we've, we've we compete in other ways, what's your posture in that? >>So we've also been an early adopter of cloud, both. If I talk within the UI path thing, we were, I think the first ones to put it on the cloud, because we just saw, even before you are part, uh, we saw how people could tamper with it, you know, attended robots, you know, on the desktop one. So we went on the cloud and that was good, uh, way back. But overall, the company also has a very pro you know, Val defined cloud strategy. So we are, you know, pretty much all a large part of our systems are on the cloud with Azure. >>Yeah. So, which makes sense, right. As a retailer, go, go with Azure, plus somebody, Microsoft, you know, X, such a lot of Microsoft expertise out there that you can leverage. And I got to ask you because everybody's freaked out on wall street about power automate, you know, competing with UI path. And I've told people they kind of different parts of the spectrum, but I've talked to a lot of customers this week. So yeah, we use both. We use UI path for end-to-end automation. We use power automate for a lot of our personal productivity stuff. How do you guys, do you use, uh, the power automate? How do you see those two? Yeah, >>No, I think, look, it's inevitable. A lot of technologies will keep evolving. I think Microsoft is a fantastic company. I mean, the way they perfected teams right in time, you know, and pretty, always hit, uh, a year before COVID hit teams was not ready, you know? So I think I know power automate is good. We use it, but not as you know, it's not ready for enterprise wide. So I think more, I'm not an expert in power automate yet. Um, you know, what, it kind of seemed more like when it's linked to the office automation versus linking major enterprise wide or >>Which is really where you're headed. Yeah. Talk about the results that you've seen, the higher you're measuring the return and the whole business case. When you evaluate it as CFO, >>See it being a CFO, I wear two hats. Right. I'm trying to help digital transformation. Although I must say I'm not the only one our company has. Every function is these days talking digital. Right. Because it's almost like table stakes. Yeah. Uh, you, you can't be in business a leader and we are like a leader in all the markets we are, and there's no choice, but to be fully digital. Right. Uh, but being a CFO absolutely. You know, you do look at the hard dollars. Right. Um, and initially when you're pushing any technology to any functional head or your colleague or the CEO or the board, they do want to see the dollars because a lot of softwares talk about the soft benefits. Um, I think they gotta pay for themselves. So I think it's like, yes, if I can get the hard dollars and then I can demonstrate softer benefits, whether it is the quality of work, less errors, better compliance, right. >>Or I think employee, uh, work work-life balance, right. I mean, in, in, uh, we are, uh, in a growing company we've been growing for the last four decades and there's a constant struggle to help colleagues maintain better work life balance. So I think once the basic return is off the table, everyone's talking about the quality of work enabling. And I think now we've, we are proudly talking, you know, that, Hey, we've got a lot of people, um, we've hired them. But what we are using of them is their fingers, their eyes, ears, and that's about it. Can we now get them to use their brain? So it's like, Hey, it's a freebie. You got so many people let's start using the gray matter. And that's, I think what this technology does, it takes away the Gronk and you can then tell them, Hey, analyze the data, look at it, better business outcomes. And I think that's where the real value is. >>That is, so we've heard a lot about time saved hours saved. That's kind of the key, a key metric. And you look at that as hard dollars. How, how do you translate that to the income statement? >>So, so let's put it, uh, you know, I was looking at applied science, applied materials presentation, and they had a 150,000 hours saved. Uh, I just did our math. I mean, so we've so far saved 342,000 hours per annum removed out of the system. Right. But I would say not all I can say, I took them to the bottom line. So probably 70% of that, because the rest is probably gone back to people doing more value added stuff. >>So how does it hit the income statement? Is it hit it as new revenue or cost savings or savings reduction in >>Yeah. Or are you don't hire as many as you needed to? Uh, >>Yes. That's the missing link. Yeah. Okay. Absolutely. Is I was going to need to hire or what 1,100 people hire 10 or whatever it is. Okay. Now I'm sorry. Does that, is that, does that get into a debate? Like, cause I can see a lot of people, if we don't do this, we're going to, you know, and then as a CFO, you might say let's defend that a little bit. >>Seek cost avoidance is always debated. Yep. And that's why I said, as long as you can prove that the hard dollars taken to the bottom line are visible and you can put your finger on them, then people become more comfortable saying, okay, as long as you know, I've got my payback, I've got something I can, you know, make sure that my cost line is not going up because it's very easy to do, you know, kind of say, Hey look, all this soft benefits and now your cost has also gone up. So I think once the, the, the hard dollars that you can bank are out of the way, then you can talk about costs avoided, and then you can talk about the softer benefits. Are there, there is no doubt because you try and what we do is we tell people if they're in a cell, okay, we'll shut, shut it down. >>I say, Hey, wait, well, right then, you know, but so you have four years of data on this, so you can prove it. And by the way, soft dollars are where the real money is. I don't mean to denigrate that, but I get into a lot of discussions with CFO's like, okay, show me the hard dollars first and then the hard, the soft dollars or telephone numbers. Yeah. >>Yeah. I think I look at it as an inverted pyramid. Yeah. Where you start with the cost saved, which is the smaller part of the pyramid. And then you get speed, right. Because speed is actually a big thing, which is very difficult to measure. Right? I mean, I'll give you an example in none of our largest markets, right. In the middle of COVID, they announced all products that are being imported, which is for us about 80,000 of them, um, uh, need to have a whole bunch of compliance forms on the government portal, import certifications. And you got like a month to do all that work. So now you'll get an army of 20, 30 people train them. We did nothing. We built the barns and we were ready ahead of competition. And I think, and, and life continues. Now the supply chain officer will sign on the dotted line for you saying he would have had to hire 30 people. And he, it's not easy to hire suddenly, but we were compliant and, and now that's cost avoided. But I would say a big business benefit because we were the first ones to have all our products compliant with the market requirements. That's a >>Great example. >>I think about some of the IDC data that was, did you see that that was presented this morning, looking at, you know, the positive outlook as, as RPA being a jobs creator over time. Talk to me a little bit about how you've navigated that through the organization and even done upskilling of some of those folks so that they're not losing, but they're gaining. >>I think there is, you know, you have to take all these projections with a pinch of salt, you know, I mean, saying you will, the world will save $150 billion and all, I mean, if you add all the soft dollars. Yes. But in reality, you know, I lose joke about it. If you take all the technology initiatives in a company and you add all the MPVs and that they have submitted, that would be larger than the market cap of the company. >>It's true. All the projects add up to more value. >>I think, I think, you know, we don't get carried away by these major projections, but I think some of it is true. I mean, you know, I kind of talk about the Luddites, right? I mean, when the first, you know, weaving machines game in, in Northern England, near Manchester and these Luddites, they were called, they were going around breaking down these machines because they were supposed to take away jobs. Now reality is a lot of people did lose jobs who could not make the transition, could not retrain themselves. It is inevitable. It will happen. But over time I would say yes, there have been lot more employment. So I think both go hand in hand. Um, but yes, the more one can help retrain people, get them to, you know, say, Hey, you don't need to spend the rest of your life. Copy pasting and just doing data entry. Uh, you can look at the data and make sense out of it. How much >>Of that was a part of your strategic vision years ago? >>I think years ago we knew it, but it was more, let's get these, you know, simple. When you have hundreds of people in a, in a back office, how do I get them to do more work or have slate or meet my, you know, my productivity goals? I would say it starts with that. Okay. Uh, if you start, uh, deep down because I, I am, you know, I believe in technology, I knew it, it would happen that we would eventually go from, let's say, robotic process automation to intelligent process automation. Right. Which is coming for us. It's we are able to see it, you try and sell that as the lead in and people shut down >>Because they're seen by intelligent process automation. W what do you mean? And, and >>So it's look, if I've got, uh, my robots and the tech, the RP infrastructure, which is processing whole bunch of transactions right now, if I'm able to add in some machine learning or AI, or what have you on top of it, and then I can read the patterns I can, for example, you know, we, we now have built on top of all the various security in our payment systems. If you've got a bot, which then does a final check, which goes and checks the history of that particular vendor as to what is the typical payments being done to that. And then it flags, if it's V out and it stops the payment, for example, right? So, or it goes and does a whole bunch of tests. We're building constantly building tools. So that's kind of, you know, a bit more intelligent than just a simple copy paste or, or doing a transaction >>Because why that's their job or because they it's a black box. They don't know how that decision is made. Or >>I think a lot of these have been sold previously similar technologies and things that would be, you know, the next best thing since sliced water and people have lost fit. So you got to show them the money and then take them along the journey. If you go too fast and try and give this whole, you know, people are smart enough and it, it turns them off. >>It's one of the failures of the tech industry is the broken promises. I can, I can rattle many off >>Cultural shift. It is. It is. How did you help facilitate that? See, I mean, we, we took, you know, the bottoms up and top down approach, uh, you know, the top down was, uh, I have my whole leadership team and as a joke, we locked them up in the boardroom and we got them to build bonds a long ago. And we said, let each of you, you know, download your bank statement and send yourself, uh, you know, if you say any transaction above 10,000, whatever, um, send, send an email to yourself. So as simple as that, or download the electricity bill and, and send it to your wife, you know, something like that. And half of them were able to build a bot in that couple of hours. The other half looked at it, and obviously are, you know, many of them are not as tech savvy, but it helped build the kind of it's aha moment three years ago that, wow, you know, I can build a bot. Um, for some people it was like, oh, they taught these metallic 10 bots are going to walk into the room. >>I love it. The bottom who's responsible for governance. >>So we've got a, we've got a team across it and finance. Um, I mean, somehow I have kind of, you know, created the skunkworks team. The S the center of excellence sits with me. Um, uh, but overall it's a combination and they now run governance, uh, you know, 24 7, >>Uh, you know, sorry, I got to get my crypto question. I ask every CFO's, when are you going to put crypto in the balance sheet? I know I'm teasing, but what you see companies doing this? Has it ever come up in conversation? Is it sort of tongue in cheek joke? Or what do you make of the crypto? >>Yeah, I think personally I'm a big believer, uh, but not for, uh, for a company. I think the, the benefit case of a company, we are not that, you know, we have enough other face too, you know? Um, uh, I think, uh, it's a bit further out for a company to start taking balance sheet position because that's then a speculation, right? Because, so I'm a believer in the benefit of the blockchain technology. We actually did a blockchain experiment a couple of years ago, moving goods, uh, from China to Dubai and also making the payments through a blockchain to, um, so we see huge benefits. We are working with our bankers on certain other initiatives, but I think on the balance sheet sounds like speculation and use of capital. So yeah, if it brings efficiency, if it brings transparency, which is what blockchains do, uh, I think absolutely it's, it is here to stay >>Last question. And then the last 30 seconds, or so for your peers in any industry who are it was, we saw some of the stats yesterday, the amount of percentage of processes that are automateable that aren't automated. What's your advice, recommendations to peers about pulling automation into their digital transformation strategy? >>I think, um, digital transformation can be hugely aided and accelerated if you first put RPLs, because that is the layer, which goes between the humans and whatever technology is out there or whatever you keep buying. So I think because they will be in every area, new technologies coming up, it's better to put RPA first because you can then get more benefit from whatever other technologies you're bolting on. So I would say it's a predecessor to your broader digital transformation, rather than just a part of it. >>Got it. A predecessor, or just thank you for joining Dave and me on the program today, talking about what you're, how you're transforming landmark. Good luck in your presentation this afternoon. I'm sure a lot of folks will get some great takeaways from your talk. >>Thank you so much. It's been >>Great. Our pleasure for Dave Volante. I'm Lisa Martin live in Las Vegas UI path forward for it. We'll be right back after a break.
SUMMARY :
It's the cube. Thank you so much. a little bit about landmark. So landmark is one of the largest, uh, non-food primarily When was the company founded, Legacy institution you were mentioning before we went live that you guys have been working with UI path Uh, I mean, you know, I've been in this industry with my past employers, so that's, so that's very, I, you know, we've now got a pretty large, uh, robotic process automation And as a retailer, I'm curious as to what your cloud strategy But overall, the company also has a very pro you know, And I got to ask you because everybody's freaked out on wall street about power automate, Um, you know, what, it kind of seemed more When you evaluate it as CFO, You know, you do look at the hard dollars. now we've, we are proudly talking, you know, that, Hey, we've got a lot of people, And you look at that as hard dollars. So, so let's put it, uh, you know, I was looking at applied science, Uh, we're going to, you know, and then as a CFO, you might say let's defend that a little bit. So I think once the, the, the hard dollars that you can bank are out of the way, I say, Hey, wait, well, right then, you know, but so you have four years of data on this, I mean, I'll give you an example in none of our largest markets, right. I think about some of the IDC data that was, did you see that that was presented this morning, looking at, I think there is, you know, you have to take all these projections with a pinch of salt, All the projects add up to more value. I mean, you know, I kind of talk about the Luddites, you know, my productivity goals? W what do you mean? So that's kind of, you know, a bit more intelligent than just a simple copy paste They don't know how that decision is made. would be, you know, the next best thing since sliced water and people have lost fit. It's one of the failures of the tech industry is the broken promises. See, I mean, we, we took, you know, the bottoms up and top down approach, uh, I love it. Um, I mean, somehow I have kind of, you know, created the skunkworks team. Uh, you know, sorry, I got to get my crypto question. you know, we have enough other face too, you know? And then the last 30 seconds, or so for your peers in any industry who are accelerated if you first put RPLs, because that is the A predecessor, or just thank you for joining Dave and me on the program today, talking about what you're, Thank you so much. I'm Lisa Martin live in Las Vegas UI
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Dave Volante | PERSON | 0.99+ |
Microsoft | ORGANIZATION | 0.99+ |
Lisa Martin | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
70% | QUANTITY | 0.99+ |
Rajesh Garg | PERSON | 0.99+ |
$150 billion | QUANTITY | 0.99+ |
Manchester | LOCATION | 0.99+ |
Cadbury | ORGANIZATION | 0.99+ |
10 | QUANTITY | 0.99+ |
Amazon | ORGANIZATION | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
150,000 hours | QUANTITY | 0.99+ |
55,000 employees | QUANTITY | 0.99+ |
four years | QUANTITY | 0.99+ |
30 people | QUANTITY | 0.99+ |
two | QUANTITY | 0.99+ |
1,100 people | QUANTITY | 0.99+ |
Northern England | LOCATION | 0.99+ |
Southeast Asia | LOCATION | 0.99+ |
Dubai | LOCATION | 0.99+ |
30 million square feet | QUANTITY | 0.99+ |
342,000 hours | QUANTITY | 0.99+ |
both | QUANTITY | 0.99+ |
Schweppes | ORGANIZATION | 0.99+ |
yesterday | DATE | 0.99+ |
this week | DATE | 0.99+ |
10 bots | QUANTITY | 0.99+ |
China | LOCATION | 0.99+ |
2017 | DATE | 0.98+ |
today | DATE | 0.98+ |
first | QUANTITY | 0.98+ |
Proctor and gamble | ORGANIZATION | 0.98+ |
three years ago | DATE | 0.98+ |
about 2,200 stores | QUANTITY | 0.97+ |
India | LOCATION | 0.97+ |
a year | DATE | 0.97+ |
hundreds of people | QUANTITY | 0.97+ |
first 10 desks | QUANTITY | 0.96+ |
one | QUANTITY | 0.95+ |
above 10,000 | QUANTITY | 0.94+ |
one system | QUANTITY | 0.94+ |
Landmark Group | ORGANIZATION | 0.94+ |
48 years ago | DATE | 0.93+ |
about 50 brands | QUANTITY | 0.93+ |
this afternoon | DATE | 0.93+ |
COVID | ORGANIZATION | 0.93+ |
Asia | LOCATION | 0.92+ |
Bellagio | ORGANIZATION | 0.92+ |
each | QUANTITY | 0.91+ |
about 80,000 of | QUANTITY | 0.91+ |
half | QUANTITY | 0.91+ |
20 countries | QUANTITY | 0.9+ |
years ago | DATE | 0.89+ |
couple of years ago | DATE | 0.89+ |
a month | QUANTITY | 0.89+ |
this morning | DATE | 0.89+ |
more than half of them | QUANTITY | 0.89+ |
two hats | QUANTITY | 0.86+ |
skunkworks | ORGANIZATION | 0.84+ |
UiPath | ORGANIZATION | 0.84+ |
20, 30 people | QUANTITY | 0.82+ |
first ones | QUANTITY | 0.81+ |
years | DATE | 0.81+ |
couple | QUANTITY | 0.8+ |
24 | OTHER | 0.8+ |
landmark | ORGANIZATION | 0.79+ |
last four decades | DATE | 0.77+ |
Azure | TITLE | 0.76+ |
X | ORGANIZATION | 0.69+ |
seconds | DATE | 0.64+ |
hours | QUANTITY | 0.63+ |
jet | ORGANIZATION | 0.59+ |
IDC | ORGANIZATION | 0.55+ |
Gronk | ORGANIZATION | 0.52+ |
30 | QUANTITY | 0.51+ |
UI path | ORGANIZATION | 0.51+ |
east | LOCATION | 0.37+ |
Ted Kummert, UiPath | UiPath FORWARD IV
>>From the Bellagio hotel in Las Vegas, it's the cube covering UI path forward for brought to you by UI path. >>Welcome back to the Bellagio and Las Vegas. The cube is live. I love saying I'm going to say again and again, the cube is live. We are a UI path forward for, at an in-person conference. Lisa Martin, with Dave Volante. We're going to be talking about the vision of the UI path platform. We're very excited to welcome to the program. Ted kart, the executive vice president of products and engineering at UI path, Ted, welcome to the program. >>Thank you. It's great to be here with you and it's, it is great to be live. It's been so fun over the last couple of days to spend time with our customers. Uh, it's just been so great for the team and everyone, >>I can imagine what it was like for you yesterday on main stage, looking out to a standing room, only crowd for the first time in probably 20 months. >>Yeah. And that was, that was actually quite fun. As, you know, speaking to a camera, you just don't get the same energy. You got to muster all of the energy yourself. And so it was so great just to be back in front of, uh, uh, live people again, humans. >>Exactly. Well, from a customer perspective, I know that the number is now over 9,000, you guys have an incredibly high retention rate. We're talking 96 plus percent. A significant portion of revenue comes from those existing customers. We talked to a whole bunch of em yesterday. We've got more of them on today. We're hearing that validation from the voice of the customer on what UI path has been doing. Talk to us about the vision that you unveiled yesterday, strategically, what some of the feedback has been from some of those folks that are here in person. >>Great. Well, so let's start the story by looking back first and talking about the phases of the market. Uh, because I really see us entering phase three of the automation market. Uh, phase one I describe is the core RPA platform. Uh, and that was, you know, the elements of that are the runtime, the robot, the thing that knows how to execute these workflows, it knows how to do UI automation. It knows how to do API integration. It knows how to do long running workflows and interact with humans, developer experiences, low code visual developer experiences. Plus the orchestration then that that gives the enterprises, the manageability and the governance. I'd say that was phase one. Okay. Daniel and the team. Then at forward three, the last this community got together right here, the Bellagio I at the end of 2019 rolled out an expanded vision, which we talk about as the platform for the full automation life cycle and that Ella added elements of let's let's help end users engage more easily with their automations. >>They engage with them on their desktop. So they need to think of it like a start menu, like experience with the UI path assistant, they need rich user interfaces. So we introduced a low code application platform, UI path apps. They want to interact with natural language. So we integrate with chat bots. And then we find a lot of customers. When we initially start their journey, they have a lot of knowledge right away of opportunities. They see things in the call center, front office, back office, finance department, they see things to do, but then they say help us find more opportunities to automate. So we have this old discovery area to help them find more opportunities to automate. So this vision of this end to end life cycle, that that covers the core platform plus engagement in discovery. That's the journey we've been on over the last two years. >>And I think, you know, part of what we talked about yesterday was just how we're continuing to fulfill that vision. And then that set the stage for us to talk about a few innovation themes. As we look forward to two phase three, that I would emphasize, we still, we're still building out this end to end automation platform covering the full life cycle, but we do see some pretty important themes going forward. Well, we'll start with four, um, kind of four key themes. Um, one is enterprise grade platform. Uh, the second is, uh, platform expansion, you know, healthy platforms grow and expand what you're able to do with them. What developers are able to build for the notion that discovery becomes more continuous. I liken it to a nervous system for the processes and the work of the enterprise. It's always there watching, helping you find opportunities. Um, and then we talked about this last concept, which is semantic automation, which is the, I'd say the real big idea in the forward-looking vision. >>I wonder if we could, um, and your keynote yesterday, you talked about the fragmentation of the enterprise software business and of course perpetuate advice, the SAS easy button. Great. I got all these different SAS products and you're sort of creating a layer across them. Sort of a couple of questions there. Maybe you could just sort of describe that dynamic and how you guys think about it. And then I got to follow up. >>Yeah. I think if you're a historian, you look back and say in the past a lot of business process centered around the deployment of a few monolithic applications, your ERP, your CRM system. And then if somebody in another department wanted something different, another part of the process you might customize or deploy an ad-on. Now what's great about the SAS era is we have a lot more solutions that are now purpose-built toward a lot more functions. A lot more processes are being automated and that's fantastic, but what's that done is it's expanded the landscape of applications now than enterprises hold typically. And that's where you get to the issue of fragmentation. And the reality is, is the real work in the enterprise. The real work people do every day and the process, it, it spans all of that stuff. And I think as an end user, you can, you resonate with this because you will work with desktop apps. >>You will work with these SAS apps. You'll work with these line of business apps. You'll, you'll have to navigate to this one, cut some data, you know, copy it, paste it over here, you'll work in Excel. You'll send an email and you know, that type of work, nobody really wants to do that. And especially if it's something you have to do all the time. So automation, we are, in fact, not the first platform to walk in the enterprises door and say, Hey, we can help you integrate your systems. We can help you automate business process. This is, is, uh, you know, this goes back to the early two thousands and the arrival of, you know, the, the first-generation integration prod products. So what's so different about RPA and these automation platforms and our automation platform. The difference is really being centered on UI automation, because it's got three key attributes that I think are super important to understanding why this is such a different phenomenon. >>The first is because it, it automates via the UI. It can capture the actual work people are doing so we can emulate the actual work people are doing that's number one and that's critically important. Uh, the second thing is it can reach anything your way. If you've got an integration problem, you don't want connectivity to 82% of your systems. You actually want to cover everything you need to, you need to cover. And UI automation can reach anything that has a user interface. Uh, and then the third thing is because it it's emulating the work people do. It's very intuitive to develop for and as such. The developer experience is a very easy to use. Uh, don't require traditional coding skills. Customers tell us that unleashes more capacity and they get really fast time to value and that's kind of a win-win win. And the interesting thing then is if you think about it, the business wants to move forward at a certain rate, but that applications estate is only going to move forward. It's going to move forward kind of at its own pace as well. And this automation layer can really deal with the sheer between that. It can help you move forward quickly up here while you're waiting for, you know, at this layer to evolve as well. Uh, >>I wonder if you've mentioned, you know, kind of history, if you look back and, and, and, and you're somebody who spent two decades plus, you know, one of the great software companies, if you think about the great software companies, Microsoft, we know how they got there with the PC ascendancy and then took it to new levels. Oracle SAP, Salesforce is vying to become a next great software company. Go. McDermott wants to take service now in that realm. And I have a sense that with your vision of a fully automated enterprise, you guys could aspire to be a next great software company. I think, you know, you're, you're, you're humble, but you're bold. So when somebody who has a historical perspective on great software companies, what do you, what does it take architecturally specifically to be that next great software company? >>Well, it's a great question. Uh, you know, I, I said yesterday to the audience that, you know, the reason I came to UI path is because I do believe this is one of the most significant platforms of this time. And I do believe as we just talked about it's UI automation is the central element. That's really making it different. Now, all these other technologies and capabilities are super important. Uh, we announced yesterday a new service in our platform called the UI path integration service. Uh, we acquired a company named cloud elements six months ago, uh, an API integration company. And that is now landing in the UI path integration service. Uh, we have always had API integration as a part of our platform, but now we've got this richer catalog, we've got new services for developers, and that only expands what they're able to do. >>Um, and, and as we talked about the themes, the future themes of innovation, we talked about this platform expansion, and I served as this historian, you know, healthy, vital platforms grow, and they grow on their own just naturally because there's always some adjacency where if I bring that in, I can enable my community to do something different. They can build something different. And so that was why, for instance, let's embrace more API integration surface area. Why did we enter low code application space? It it's because we thought there was a lot of power for our community to now be able to re build rich user experiences. Um, why did we bring AI and ML in as a first-class citizen with an ML ops platform? We're not trying to be a general hosting of bottles, but we want to make it easy for those skills to be used. >>So there is a thing just about just continuing to expand what you're able to do, but there's an important thing you gotta do as well is you got to stay true to your personas and your user community. So anytime we do this, we think, yes, we're bringing in API integration, but we're not trying to be an I-PASS. We're trying to serve our RPA developer community. And we have to be true to that developer experience and the thing that's made us special. So we really focus on landing it in an integrated way, really helps our community. Do, do you know, more and more with the platform >>You're seeding a new breed of developer, or maybe your ascendancy is coinciding with a new breed of developer. >>Let's say there's a general trend. And we, we labeled the general trend. Now, low code, no code, which I frankly think is this historian is, is just a new way. We're talking about the idea that we, you want to continue to simplify developer experiences. And if you do that, everybody likes it. And it does. It enable you to grow the pool of developers that you have. And in our case, there is a new, you know, this is, this is a large and growing discipline. If you looked on LinkedIn community of RPA developers, there are new personas, new jobs being built around this platform. Today, we have, we're blessed with a very, very large community of developers. This is a new piece of, yeah, I think those are the, those are the range we're talking about. Yes. Um, and it's amazing asset for us as well as we do new things. Uh, we've got community ways they can engage with community builds previews. It gives us a lot of expertise to tap, tap into is we're deciding to do new things, >>Ask how influential that large community is and the product direction roadmap, the vision execution, how influential is that >>They're immensely influential. And that, that goes from when we're early on and we're ideating, and we're talking to our customer advisory boards or customers one-to-one, or as features are starting to come out in community previews. Uh, customers are an instrumental part of that journey. I think that's, this is one of the things. If you spend any time with Daniel at all, uh, you'll understand how important customer centricity and true customer centricity is to him. Um, and I think that's, uh, I only joined the company 18 months ago, but I, I walked into a company that I really understood knew what that meant. The words are easy to say, but really being that and having customers shape who you became, I think that's something that the company has done actually quite well. >>The crowds CrowdStrike announcement was notable. Um, I'm interested in how you're integrating that. I know, you know, that's endpoint security. I know you've done a lot of work historically in identity access with zero and doing some deep integration there, or how should we be thinking about the CrowdStrike gets it's more than just a press release. It's it's, it's there's engineering going on there. What can you tell us? >>Yeah. Yeah. That's a very important thing for us. We, I talked about another one of the key innovation themes is enterprise grade platform. And that one might seem like, well, of course, he's going to say that, but we do want our customers to understand, we know this is a mission critical platform, and you know, now it's now integral to the work people do. It's integral to the process. If it ever fails them, that's a mission critical failure. Yeah. And so we were making deep investments like this. Um, this partnership had CrowdStrike is about delivering a solution that an endpoint protection solution that understands robots and they are not unique in that. Unfortunately, they are subject to a lot of the same forms of attacks that humans can be subject to. Um, and, but they're also unique and then need unique protection. And so, as we came together with CrowdStrike, one of the important elements for us was let's enable their, in this case, Falcon platform to understand robots and let's do it as a seamless part of that experience. >>And so there's a few elements we deliver together. They, they have a lightweight agent that gets deployed with a robot. Um, and then most importantly, we provide metadata. We provide data back to log information, back to CrowdStrike. So now a security analysts sitting in the Falcon console knows when there's an activity that's related to a robot versus related to a human. And then there's also specific mitigation actions that are relative to a robot. You may want to just block that instance of that automation from running again, or you might want to block all instances from running again. And so there's specific mitigation there specific, um, visibility we're providing to the security analyst, but then it's all done in a seamless way. The customer, when they have 2110, they have the latest Falcon release. There's no extra licensing. They just have those two products and it just works. >>How much was that accelerated the last year, 18 months we've seen the tremendous change in the security landscape. Um, ransomware has become a household word. Everybody knows about colonial pipeline. We're seeing so much activity there. It's a matter of when customers get hit, not if how much of the events of the last year have accelerated that partnership with CrowdStrike and how you're enabling RPA to be that protected asset that the organization needs to ensure >>It's protected. It'd be fantastic. If we ever got to a point where we felt like, you know, security was a solved problem and it won't ever be. Um, and, uh, you know, and this is why we felt like we needed a world-class, uh, company to partner with who's an expert in this landscape and they do their part. And we do our part. Um, that was why we took this approach because we know we're not going to build, we're not going to have and build that expertise. We know about robots. We know what we know about that side of thing. They understand security. And by working together, we can connect the dots and we can hear everything. They understand that we're never able to replicate. How unique is that, that, that sort of robot >>Optimized, you know, sort of security, >>Uh it's as far as I know, it's the industry's first solution. It's important to know that endpoint protection does provide protection for robots today. Sure. And all of them do, but it doesn't know about them. It can't tell the security analysts that was an action. A robot took versus a human. Um, and it doesn't know how to take specific mitigation steps. And that's the exciting thing to we've done here. So it's, to my knowledge, that's the first point security offering built for, as we say, the robot workforce. >>And so you bring engineering resources to, to create that value and, and, and collaborate with CrowdStrike. Yeah. >>Yeah. We, we both did work on both sides. It's, it's been a really fantastic partnership and it was great. We had a video from their chief product officer as a part of our discussion yesterday. It's been fantastic relationship and partners. >>So it's one of those tricky thing. I mean, that's IP that you're developing with cross at the same time, you know, you've nailed it, right. It's never going to be solved, but, but one of the ways in which we can counteract the adversaries who are extremely capable is sharing. So it was that IP that gets shared or is that IP that you keep for yourself? >>We're both doing what we do, their IPS, their IPR IPS, our IP. And so it's all, it's all good there. >>Focusing on your core competencies. Well, Ted, thank you for joining Dave and me today, talking about the vision where things are going, the excitement, the partnership expansion, a lot of that activity since the IPO, we appreciate your time today. >>Very exciting times. And then as I said at the open it's, it's great to be here with you. Great to be live. >>Great to be alive. Really is for my guests. I'm Lisa Martin. We're live in Las Vegas with UI path forward for, at the Bellagio, Dave and I will be right back with our next guest.
SUMMARY :
UI path forward for brought to you by UI path. We're going to be talking about the vision of It's great to be here with you and it's, it is great to be live. I can imagine what it was like for you yesterday on main stage, looking out to a standing room, As, you know, speaking to a camera, Talk to us about the vision that you unveiled yesterday, Uh, and that was, you know, the elements of that are the runtime, And then we find a lot of customers. And I think, you know, part of what we talked about yesterday was just how we're continuing to fulfill that vision. And then I got to follow up. And that's where you get to the issue of fragmentation. this goes back to the early two thousands and the arrival of, you know, And the interesting thing then is if you think about it, the business wants to move forward And I have a sense that with your vision of a fully automated enterprise, And that is now landing in the UI path integration service. And so that was why, for instance, let's embrace more API integration surface area. So there is a thing just about just continuing to expand what you're able to do, with a new breed of developer. We're talking about the idea that we, you want to continue to simplify developer and having customers shape who you became, I think that's something that the company has done actually I know, you know, that's endpoint security. we know this is a mission critical platform, and you know, now it's now integral to And so there's a few elements we deliver together. to be that protected asset that the organization needs to ensure uh, you know, and this is why we felt like we needed a world-class, And that's the exciting thing to we've done here. And so you bring engineering resources to, to create that value and, and it was great. you know, you've nailed it, right. And so it's all, it's all good there. the IPO, we appreciate your time today. And then as I said at the open it's, it's great to be here with you. Great to be alive.
SENTIMENT ANALYSIS :
ENTITIES
Entity | Category | Confidence |
---|---|---|
Ted Kummert | PERSON | 0.99+ |
Ted | PERSON | 0.99+ |
Lisa Martin | PERSON | 0.99+ |
Microsoft | ORGANIZATION | 0.99+ |
Dave Volante | PERSON | 0.99+ |
Daniel | PERSON | 0.99+ |
Dave | PERSON | 0.99+ |
82% | QUANTITY | 0.99+ |
Excel | TITLE | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
yesterday | DATE | 0.99+ |
20 months | QUANTITY | 0.99+ |
Las Vegas | LOCATION | 0.99+ |
CrowdStrike | ORGANIZATION | 0.99+ |
two products | QUANTITY | 0.99+ |
last year | DATE | 0.99+ |
Ted kart | PERSON | 0.99+ |
Salesforce | ORGANIZATION | 0.99+ |
18 months ago | DATE | 0.99+ |
first platform | QUANTITY | 0.99+ |
today | DATE | 0.99+ |
six months ago | DATE | 0.99+ |
ORGANIZATION | 0.99+ | |
second | QUANTITY | 0.99+ |
first | QUANTITY | 0.99+ |
third thing | QUANTITY | 0.99+ |
Today | DATE | 0.99+ |
second thing | QUANTITY | 0.99+ |
both sides | QUANTITY | 0.99+ |
first solution | QUANTITY | 0.99+ |
one | QUANTITY | 0.98+ |
96 plus percent | QUANTITY | 0.98+ |
two decades | QUANTITY | 0.98+ |
over 9,000 | QUANTITY | 0.98+ |
three | QUANTITY | 0.98+ |
both | QUANTITY | 0.98+ |
18 months | QUANTITY | 0.98+ |
first time | QUANTITY | 0.98+ |
UI path | ORGANIZATION | 0.98+ |
Ella | PERSON | 0.98+ |
end of 2019 | DATE | 0.97+ |
first-generation | QUANTITY | 0.97+ |
three key attributes | QUANTITY | 0.96+ |
first point | QUANTITY | 0.94+ |
zero | QUANTITY | 0.94+ |
UI path | TITLE | 0.91+ |
UiPath | PERSON | 0.9+ |
Bellagio | ORGANIZATION | 0.9+ |
SAS | TITLE | 0.86+ |
Falcon | TITLE | 0.84+ |
Oracle SAP | ORGANIZATION | 0.83+ |
Bellagio I | ORGANIZATION | 0.82+ |
four | QUANTITY | 0.79+ |
McDermott | PERSON | 0.79+ |
phase one | QUANTITY | 0.74+ |
last two years | DATE | 0.71+ |
two thousands | QUANTITY | 0.7+ |
two | QUANTITY | 0.68+ |
CrowdStrike | TITLE | 0.67+ |
executive | PERSON | 0.66+ |
four key | QUANTITY | 0.65+ |
phase three | OTHER | 0.62+ |