Summary
Celonis is the market leading process mining tool. The main product, the process mining software, helps businesses to map out and understand their business processes.
Celonis was founded in 2011 and has grown to almost 3000 employees located in over 17 offices worldwide. In general, the field of process mining is growing rapidly and the celonis platform is used by some of the world’s largest companies.
In this post, we will have a complete look at Celonis, the leading process mining platform, and explore how it can help companies improve their processes.
Process mining is a data-driven approach to process improvement that can help organizations map out their business processes, identify inefficiencies, and make changes to improve performance.
Process Mining with Celonis
Celonis is the market leading process mining tool. The main product, the process mining software, helps businesses to map out and understand their business processes.
Process mining helps businesses to see where bottlenecks and inefficiencies are occurring, so that they can make changes to improve their operations.
Celonis has a wide range of features, including process mining, business process management, and data visualization. It also offers a variety of integrations, such as with Salesforce, SAP, and Oracle.
Process mining is a rapidly growing field, and it’s safe to say that Celonis is at the forefront of it.
If you are curios to learn more about process mining, we recommend our Introduction to process mining, or check out all of our posts related to process mining
Celonis Execution Management System (EMS)
Celonis has what they call the Execution Management System (EMS) that is a software platform that integrates with applications and data sources. What this means is that from the EMS you can utilize various celonis applications, such as process mining, and build your apps. It’s possible to build bespoke solutions using Celonis Studio.
The Celonis EMS is used by some of the world’s largest companies, including Coca-Cola, Siemens, and 3M
Celonis Studio
The celonis studio allows customers, partners and third-party developers to create applications on the EMS platform. What this means is that you can build customized apps and instruments designed to tackle your unique challenges, all within an low-code environment that almost anyone can use.
Celonis Process Mining Tool
The Celonis Process Mining tool helps organizations visualize and improve their business processes. It does this by analyzing event data from process-related systems to create process maps that show how the process is currently being executed.
The Celonis Process Mining tool is built on a patented algorithm that is designed to handle very large data sets and to create accurate process maps.
To use the Celonis Process Mining software, you first need to connect the software to your process-related data sources. Once the data is imported, the software automatically analyzes it and creates a process map.
Below is an example of process analytics in the Celonis process mining tool
Celonis Partner Program
The Celonis partner program is a global ecosystem of technology and consulting firms that help their customers run their business processes smarter. Being a Celonis partner, you will have access to the technology, expertise, and ecosystem of over 2,000 other partners.
Celonis Partner Portal
The Celonis partner portal is a website where Celonis partners can access resources and information about the Celonis tools. This includes product information, sales and marketing materials, support resources, and training materials.
Celonis Company Info
Currently, Celonis has over 2800 employees in over 17 offices worldwide. The company has the headquarter in New York and is currently valued at $11 billion.
Celonis Background
The company was founded in 2011 as the first commercial process mining company by Alex Rinke (Co-CEO) Bastian Nominacher (Co-CEO) Martin Klenk (CTO). Celonis is headquartered in Munich, Germany, but also has offices in New York, London, and Paris.
In 2018, celonis was named a “unicorn” company, meaning it was valued at over $1 billion. The company has since raised even more funding, and is now valued at eye-catching $11 billion (source: https://www.cnbc.com/2021/06/02/software-start-up-celonis-valued-at-11-billion-in-new-funding-round.html)
At its core, celonis is a big data software company that uses machine learning to help businesses improve their processes and operations.
Will van der aalst joins Celonis
In mid 2021, Celonis appointed the “Godfather of Process Mining” (cool name huh?) professor Wil van der Aalst as Chief Scientist . Professor van der Aalst coined the field of Process Mining and his research interests include Process Mining, Petri Nets, business process management, workflow management, process modeling, and process analysis.
Celonis writes that
Celonis Careers
A career at Celonis is an opportunity to work at the forefront of big data and artificial intelligence, and especially with process mining. The company is young and fast-growing and is attracting both young and experienced talents.
A career at Celonis is an opportunity to make an impact on some of the world’s biggest companies.
Read more about working at Celonis at:
Is Process Mining a Good Career?
Process mining is a good career for those who are interested in data and analytics. The field is growing at a rapid pace, and there is a great demand for process mining experts. With the right skills and experience, you can be well-positioned to take advantage of this growing field.
Process mining is a data-driven approach to improving business processes. Therefore, if you are interested in a career in process mining, you should build a strong problem-solving and analytical skills.
Celonis Competitors and Alternatives
While Celonis is a great platform, it’s not the only one out there. There are several Celonis alternatives that offer similar features, let’s have a look at the top competitors and alternatives.
Competitors to Celonis Process Mining
According to Everest Group’s PEAK Matrix® for Process Mining Technology Providers, the leading process mining technology providers are:
- Celonis
- UiPath
- Software AG
- Minit
The Everest Group PEAK Matrix® for Process Mining Technology Providers is the annual industry assessment providing analysis and insights on process mining vendors and products
Celonis was named category leader and appointed star performer in everest group peak matrix® for process mining, but let’s have a closer look at the other leading providers
UiPath
UiPath is a software company that specializes in artificial intelligence and robotic process automation. The company was founded in 2015 and has been recognized as a top 25 global enterprise software company by Forbes, a top 50 fastest-growing tech company by LinkedIn, and a top 100 artificial intelligence company by CB Insights.
Similar to Celonis, UiPath Process Mining is a technology that can be used to automatically discover, monitor, and improve business processes. It does this by data mining process-related information from data sources such as process diagrams, event logs, and process-related documents.
Read more about UiPath
Software AG
Software AG is a global software company headquartered in Germany. It is one of the world’s largest providers of software and services for enterprise software integration, business process management and Big Data processing
Software AG Process Mining is a tool that helps organizations to visualize and analyze their business processes. This tool can be used to improve a variety of business processes, including order to cash, procure to pay, and more.
Software AG is a leading provider of process mining software. Their products are used by organizations all over the world to map and improve their business processes.
Read more about Software AG
Minit
Minit is a software company that specializes in data mining and visualization. The company was founded in 2014 and has since grown rapidly and now serves clients in a variety of industries.
In 2022, Microsoft announced the acquisition of Minit
Minit is a process mining tool that can help you discover and improve processes within your organization. Minit is easy to use and installs quickly, so you can get started with process improvement right away. And because Minit is cloud-based, you can access it from anywhere, at any time.
Read more about Minit
Alternatives to Commercial Process Mining Tools
Let’s have a look at some free options to use for process mining
Disco – Open Source Process Mining Tool
Disco is a free and open source process mining tool that is built on the Java platform. Disco is a simple and easy-to-use Process Mining desktop software and offers a number of features, including process discovery, conformance checking, and performance analysis.
Disco can be used to analyze any kind of process, including manufacturing, logistics, healthcare, and customer service.
Read more about Disco process mining tool here
ProM – Open Source Process Mining Software
ProM is an extensible framework that supports various process mining techniques in the form of plug-ins. It is platform-independent as it is implemented in Java and can be downloaded and used for free.
Read more about ProM process mining tool here
Process Mining with Python
In the field of process mining, python can be used to create algorithms that help to discover hidden patterns and relationships in data. This can be useful in a variety of different settings, such as improving business processes or understanding complex systems.
Python is used in process mining in a number of ways, such as extracting data, building models, optimizations, and creating visualizations.
There are many different libraries and tools that can be used for process mining in Python. Some of the most popular ones include:
- Pm4py
- Pyalpha
- Disco
Read more about process mining with python in our post about how to improve processes using Python
Conclusion and Vocabulary
Celonis process mining is a data-driven approach to understanding and improving business processes. Currently, Celonis is the market leading process mining tool.
The process mining application uses data, mainly event-data, from various systems to create a model of processes, which can then be analyzed to identify inefficiencies and areas of improvement. This procedure is also referred to as process discovery.
Some of Celonis’s main competitors include UiPath, Software AG, Minit, and IBM Process Mining. Each of these companies has its own strengths and weaknesses.
Glossary Celonis process mining
- Process Mining: Process mining discovers, monitors and visualizes the business processes of a given workflow based on event-data. It provides insights, identifies bottlenecks, and reduces unnecessary actions.
- Execution Management System (EMS): Software platform that integrates with applications and data sources
- Celonis studio: Allows customers, partners and third-party developers to create Execution Applications on the EMS platform.
- Celonis partner portal: Website where Celonis partners can access resources and information about the Celonis tools. This includes product information, sales and marketing materials, support resources, and training materials
- Event log: Event Log is a recording of a set of events. To be able to apply process mining techniques it is essential to extract event logs from data sources (e.g., databases, transaction logs, audit trails, etc.)
- Process discovery: Process Discovery is the creation of process model from event log using process mining algorithms
FAQ: Celonis Process Mining
How does Celonis process mining work?
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Who are Celonis competitors?
Some of Celonis’s main competitors include UiPath, Software AG, Minit, and IBM Process Mining. Each of these companies has its own strengths and weaknesses.
What are the benefits of Celonis process mining?
Celonis process mining is a powerful data analysis tool that can help organizations outline and optimize their business processes. u003cbru003eu003cbru003eIt can be used to understand how business processes are currently being executed, identify bottlenecks and inefficiencies, and design and implement optimized processes. u003cbru003eu003cbru003eIn addition, Celonis can be used to monitor process performance in real-time and identify process deviations.
What is the Celonis Execution Management System (EMS)?
The Celonis Execution Management System (EMS) is a cloud-based software platform where you can access and use the various celonis apps and tools, such as process mining.
Is process mining a good career?
There is no easy answer when it comes to choosing a career. However, if you are looking for a challenging and exciting field, then you may want to consider process mining. u003cbru003eu003cbru003eProcess mining is a relatively new field and is a good career choice for those who are interested in data mining and business process improvement. It is a growing field with plenty of opportunity.
