UiPath Inc Q1 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: David E. Hynes - Canaccord Genuity Corp., Research Division - Analyst : Congrats on the quarter. So I imagine time to value is a big focus in the current environment. What kind of stuff are you doing to help customers realize a quick return on the investment they're making? And how do you help them think about that during the sales process? Daniel Solomon Dines - UiPath Inc. - Co-Founder, Co-CEO & Chairman of the Board Well, first of all, I would like to tell you that automation has become really a Board priority, C-level suite priority for many of our customers. I talk to customers in different industries, public sector, they are really turning to automation at this point. So it's a -- we are seeing really a good momentum into helping them with accelerating the adoption. Our renewed focus on our key accounts and pairing our GSIs to the key accounts will help with the adoption. I believe that also on the emerging enterprise, we can have a big -- we can accelerate in a big way the adoption and getting of net new logos. And I would like also to mention our 22.4 release with the big focus on cloud that is also removing some of the friction of adoption. So overall, we are really seeing positive signs on accelerating the adoption within our customer base. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JUNE 01, 2022 / 9:00PM, PATH.N - Q1 2023 UiPath Inc Earnings Call