UiPath Vs Automation Anywhere: Comparing the Top Two RPA Stocks

Robotic process automation is a technology that allows enterprises to automate some or all of their business processes. You can think of them as digital workers, which mimic manual tasks, so they are done with greater speed and efficiency. RPA stocks are the most invested among all other industries. In 2016, the global RPA spending was US$300 million. That number is expected to reach US$7.2 billion by the end of the year in 2022 and skyrocket to US$10.4 billion by 2023.