UiPath establishes Japan entity, further expanding presence in Asia

UK UiPath, a worldwide leading Robotic Process Automation (RPA) vendor, is opening a Japan subsidiary, UiPath KK, in Tokyo. UiPath is the first leading global RPA vendor to establish a legal entity in Japan.
The company’s expansion in Japan will strengthen its existing relationships with key clients in financial services and other sectors, as well as expanding partnerships with global consulting firms and Japanese system integrators to explore new business opportunities. With an initial capitalization of ¥30 million, the new office will allow UiPath to build on an already strong regional platform in Asia.
“The global RPA market is expected to reach $8.75 billion by 2024 and we see Japan leading this growth trend. UiPath is one of the fastest-growing RPA vendors in the world and our expansion in Japan will accelerate this growth. Japan is an incredibly important strategic market for us with significant growth potential,” said UiPath Founder and CEO Daniel Dines.
With his extensive experience in the technology and financial service industries, Koichi Hasegawa has been named CEO of UiPath Japan. He commented, “I am excited to explore opportunities to work with leading partners to implement UiPath’s RPA solutions for Japanese companies, institutions and public sector organizations. Our intuitive and scalable RPA solutions are well suited to Japanese companies’ sophisticated business needs and will offer them major productivity gains while ensuring that quality and service are never compromised. Our new entity in Japan enhances our capability to serve existing and potential clients through local Japanese staff.”
Managing Director for EMEA & APAC Kulpreet Singh added, “We are privileged that Koichi Hasegawa, who’s well respected in the APAC finance sector, has taken on the leadership role in Japan. Under his guidance, we are confident that we will be able to create value for our Japanese clients.”
UiPath has offices in the UK, US, Romania, India, Singapore and now Japan. It has 200 global customers (75% of which register revenues exceeding $10 billion) and over 150 partners worldwide.