UiPath, which builds AI-based services for enterprises in the area of robotic process automation (RPA), which help businesses automate various tasks, plans to open an additional R&D center in Romania and grow to 1,000 employees from the current 590 this year.

“We saw the business works and in 2018 we will continue to do what we know how to do. We will open at least one other R&D center in Romania. We will open another one in India and one in Seattle,” said Daniel Dines, CEO of the company. “We will be listed on NASDAQ in two or three years.”

The company started from 10 employees in an apartment on Delea Veche Street in Bucharest. Now it has 590 in 14 countries, among which Romania, India, France, Germany and the US and plans to grow to 1,000 by yearend.

“It is very difficult for us to find software engineers in Romania to provide the quality we want but our target is to hire the best 1% software engineers in the country. It is hard to get to them, which is why it is important to think globally.”

UiPath customer portfolio increased from fewer than 100 customers to more than 700 in 2017. The new customers include BMW Group, Dairy Farm Group, Dentsu, Huawei, Morningstar and Sumitomo Mitsui Financial Group.

“Besides geographic expansion, the impact on international markets is very important, too. We now have more than 700 customers, 80% of which are Forbes 250 businesses and are already working with half of the top 10 of them. Our plans are scalable, we will have more than 1,500 customers by yearend,” said Alex Mihalciuc, presale team leader.

(English version by Loredana Fratila-Cristescu)

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