Research analysts, Gartner, has reported in its 2024 Magic Quadrant for Process Mining Platforms that Celonis continues to lead in the sector. For the second consecutive year, Celonis has earned the top ranking, significantly outscoring peers in terms of completeness of vision and ability to execute.
Celonis has supported thousands of globally renowned companies in creating immediate cash impact, enhancing the customer experience, and lessening carbon emissions. Bolstering this success is an increasingly crucial technological solution - process mining. As the world grapples with rapid fluctuations and enterprises seek to boost their efficiency plus generate value, the significance of process mining has rapidly risen.
Gartner has attributed Celonis's continued market dominance to its ability to execute, unique brand conception, and innovative strategy. Particularly instrumental in securing the leading spot on Gartner's Magic Quadrant has been Celonis's Process Intelligence platform that blends a decade of process understanding, artificial intelligence (AI), and process mining to identify and extract value.
In celebrating its back-to-back victories, co-CEO and co-founder of Celonis, Alex Rinke stated, "Celonis gives companies a common language for how their business runs and provides the context to enable technologies like AI and automation to become effective...We are proud to receive this recognition and will continue to build the future of process intelligence together with our customers, partners, and fellow Celonauts who have embraced our vision and keep pushing process mining to realize its full potential."
Process mining has grown even more integral for many businesses to continually adapt and drive transformations at an increasing speed and scale. The SVP Digital Transformation and CIO Hygiene at Reckitt, Daniel de Rooij reinforced the importance of this technology by commenting, "With advancements like object-centric process mining and the Process Intelligence Graph, Celonis platform provides us with the unique process intelligence that we need to optimize IT operations, deliver value to the business faster, and drive disruptive innovation."
Celonis's Process Intelligence platform works to unveil hidden value, equip individuals with actionable insights, and optimise processes with the help of AI and automation. Employing Machine Learning Workbench and Intelligence API, customers can create their own AI solutions to capture value from their processes. Furthermore, Celonis's 2023 acquisition of Symbio has increased its capacity to help businesses identify opportunities and design ideal modern, AI-assisted processes.
As the pace of change continues to accelerate and enterprises increasingly rely on advanced technological solutions, it appears that companies like Celonis will continue to offer support by making business processes more intelligent and responsive to market demands.