Worldwide banking and investment services IT spending is projected to total $652.1 billion in 2023, an increase of 8.1% from 2022, according to Gartner. Spending on software will see the largest growth with an increase of 13.5% in 2023. CIOs will spend the largest amount of funding on cybersecurity, data and analytics, integration technologies and cloud.
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UiPath announced a partnership with Snowflake that integrates UiPath Insights with Snowflake’s platform. UiPath Insights is a Robotic Process Automation (RPA) analytics solution that measures, reports, and aligns enterprise automation operations with strategic business outcomes. This combined offering of UiPath with Snowflake’s compute, elastic scaling, and enterprise-grade secure data sharing capabilities provides customers with faster data processing, while enabling them to perform long-term historical analysis.