You are reading the article Celonis Process Mining In ’23: Products, Features &Amp; Competitors updated in September 2023 on the website Climeeviet.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested October 2023 Celonis Process Mining In ’23: Products, Features &Amp; Competitors
Celonis claims to be the process mining market leader with 60% market share. Its popularity has been increasing (See Figure 1). However, recent acquisitions from tech giants, such as Myinvenio by IBM and Minit by Microsoft, have created formidable competitors. A good understanding of Celonis process mining and its competitors is necessary to find the right process mining software for your company.
Therefore, our research explains Celonis as a firm, mentions its products and compares it to its competitors.
Figure 1: Increasing interest for Celonis Source: Google Trends.
What is Celonis?Celonis was founded in 2011 and raised the bar after launching a scalable process mining solution, Intelligent Business Cloud, in 2023 and Celonis Execution Management System in 2023.
Read our comprehensive analysis to learn about leading process mining vendors.
Is Celonis owned by SAP?No, SAP is not an investor or owner of Celonis. Celonis is a partner of SAP and offers data connectors and applications to capture and analyze event logs data registered in SAP, ERP systems. Celonis also provides this functionality for other non-SAP systems as well.
Explore how to leverage process mining in SAP in detail.
What products does Celonis offer?Celonis process mining provides products with on-premise, cloud, and hybrid options. These products can be found under three license types:
Academic.
Commercial.
Free trial. Learn what Celonis free trial offers and compare it to other process mining vendors with free trials.
Celonis bundles all its products under Celonis EMS:
Celonis Execution Management System (EMS)Celonis Execution Management System (EMS) is a low-code environment that includes:
Connectors to gather data from desktops, documents, and other systems to automatically deploy automations
Task mining to capture user interactions
Process intelligence to map processes, find inefficiencies and suggest improvements
Latest developments in Celonis EMSIn 2023:
Celonis acquired Process Analytics Factory (PAF), a company developing process mining for Power BI. This way, Celonis integrated the Microsoft Power platform into EMS, improving business intelligence and connecting to the Microsoft Community.
Celonis extended the EMS platform with two new components: Process Sphere and Business Miner. Process Sphere creates more complete business process maps, while Business Miner facilitates breakpoints identification in process flows.
Check out Celonis EMS demo video for more:
CapabilitiesAccording to the Celonis website, Celonis process mining features include:
Data extractionCelonis Process Mining can pull data from various sources, such as Postgres, HANA, or Amazon Redshift. It also offers connectors to ERP (e.g., SAP), CRM (e.g., Salesforce and ServiceNow), and other systems to extract real-time data on business processes.
Celonis Task Mining collects data by recording user activities through an app, called workforce productivity. The tool automatically creates a dataset with screen records and analyzes them in terms of employee experience and performance metrics.
For more on how Celonis task mining works, read our task mining article.
Read our process mining software comparison to learn and compare these process mining capabilities in detail.
Is Celonis an ETL tool?Yes, Celonis collects data from cloud-based applications and on-premise systems and creates a table containing steps involved in the given process with the help of Extract, Transform, Load (ETL) tools. Once the table is ready, Celonis Process Mining analyzes the data to map and develop process KPIs.
Celonis alternativesThe process Mining market was projected to grow by 40% to 50% last year, as market size stats indicate. Such growth suggests increasing competition. Currently vendors like IBM and UiPath are Celonis’ main competitors.
Process mining vendors offer additional capabilities to remain agile in a competitive market. Process mining trends show that in the following years, there will be more:
Further ReadingIf you are interested, you can also read our articles about process mining below:
If you are curious on more details, download our process mining whitepaper:
If you want to compare Celonis to different vendors, check out our data-driven and comprehensive process mining software list.
If you have questions about which process mining vendor to choose for your business, don’t hesitate to contact us:
Transparency statement: AIMultiple’s customers include B2B tech vendors like IBM mentioned in this article.
Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.
YOUR EMAIL ADDRESS WILL NOT BE PUBLISHED. REQUIRED FIELDS ARE MARKED
*
0 CommentsComment
You're reading Celonis Process Mining In ’23: Products, Features &Amp; Competitors
Update the detailed information about Celonis Process Mining In ’23: Products, Features &Amp; Competitors on the Climeeviet.com website. We hope the article's content will meet your needs, and we will regularly update the information to provide you with the fastest and most accurate information. Have a great day!