CELONIS NEWS & PRESS.
SAP services provider The Next View becomes a Celonis Consulting Partner. The German software company Celonis has in recent years become the leading name worldwide in the field of Process Mining, which is a new technology for analyzing and visualizing business process rapidly and in real-time. The Next View is Celonis’ most recent partner and has a strong focus on the implementation of SAP HANA. The two companies have already successfully launched Process Mining projects on HANA together.
Companies can use Process Mining to analyse large amounts of process data in order to quickly identify and analyse all occurring variants of a process. This rapidly provides clear insight into where people consciously or unconsciously deviate from existing processes. ‘You often don’t know that many of these process versions even exist,’ explains Ronald Lanjouw, who is a Partner at The Next View. ‘That’s why they are either not or not sufficiently visible on the KPI dashboards. So lots of improvements can be made in this area. Transparency and continuous process improvement are two examples. And benefits can also be achieved in the areas of fraud prevention and compliance support.’
SAP HANA ensures a boost in Process Mining
Lanjouw foresees Process Mining taking the SAP world by storm. ‘You’ve got to have computing capabilities for Process Mining. Thanks to the in-memory computing capabilities SAP provides its customers through the HANA platform, Process Mining will come within the reach of more and more companies,’ says Lanjouw. ‘The Next View can help these companies with the installation, configuration and implementation of the Celonis Process Mining solution in its role as Consulting Partner. The Next View’s data scientists can also help with analyzing the results in order to get maximum value out of Celonis’ Process Mining solution.’
The partnership with Celonis fits in seamlessly with The Next View’s strategy in which Big Data plays a central role alongside Cloud and Security. ‘Several of our data scientists have been trained by Celonis and are already working with customers,’ says Lanjouw. ‘Our employees also have direct access to Celonis’ support and resources. What’s more, we’re the first to find out about new product developments and possibilities. We in turn contribute our experience and best practices. Our SAP HANA and Big Data expertise are an excellent addition and guarantee a successful implementation.’ The partnership is also rewarding for Celonis. Tim van Abeelen, Celonis Director Benelux: ‘Consulting Partners such as The Next View help accelerate the adoption of Celonis Process Mining. In addition, we can use their experience with implementation at clients to further develop the product.’
About The Next View
The Next View provides state-of-the-art, user-friendly solutions based on Big Data, Cloud and Security technology that help clients get even more out of their SAP landscape. Pleasant and professional people with extensive knowledge in the field of SAP and UX work at The Next View.
Celonis obtained the Deloitte Technology Fast 50 Award as the fastest growing technology company in Germany. With the Fast 50 Awards, Deloitte annually rewards the fastest growing companies in the high tech industry for their entrepreneurial excellence. Thanks to a growth rate of 3951 percent over the last four fiscal years, Celonis and its innovative and proprietary process mining software secured the first place. The award ceremony took place Monday night at a festive evening event at the Museum for Communication in Berlin. Prominent winners of the American Fast 50 Awards were, among others, Electric carmaker Tesla Motors and Google.
“Four years ago we – Bastian Nominacher, Martin Klenk and I – formally established Celonis. Since then, we have helped companies use their big data to improve their internal processes and are building a world leading, international software company. Today Process Mining is already used in over 13 different industries, from the revision in accounting through to supply chain management and customer service. Thus the first place is a confirmation of the work of the entire Celonis team about which we are very happy. The prize motivates us to continue to grow rapidly and drive further innovation.” Explained Alexander Rinke, co-founder of Celonis.
With Celonis Process Mining (CPM) companies can visualize and analyze their complex processes completely and building on this, optimizing such. Additionally the software works in real time, accessing all process data from the IT systems of a company in order to scalably reconstruct the actual process flow with all occurring variants for the user. CPM thus creates the greatest possible transparency in companies, allowing them to eliminate inefficiencies and reduce costs of processes dramatically.
“Again this year, we have received numerous requests from different technology sectors. The abundance of ideas underscores the innovative strength of the location Germany. In the digital age companies need to rethink their business processes in order to adapt their products and analyze and evaluate large amounts of data. Competent IT solutions are therefore in high demand. The Fast 50 participants have won with their innovative business models, customer acceptance and have potential to achieve success worldwide” explains Dr. Andreas Gentner, Partner and Head of Technology, Media & Telecommunications, Deloitte.
With this placement in the Fast 50 Award 2015, Celonis continues its success story. Back in October Celonis was recognized for its innovative business idea and strong growth as an outstanding spin-off of the Technical University of Munich (TUM). The innovative strength of Celonis has not gone unnoticed by the IT giant SAP. A few months ago SAP agreed to a global distribution partnership with the young company. Technical experts from Celonis as well as from SAP are now working together intensively to optimize the combination of advanced technologies and develop such further.
Celonis received the “Presidential Entrepreneurship Award” from the Technical University of Munich (TUM) on October 19, 2015. With this prestigious award, TUM is honoring the provider of the big data analytics technology “Process Mining” for its innovative business idea and strong growth. Accompanied by 10,000 Euro, the prize was awarded on the occasion of the Entrepreneurship Day at the newly-founded TUM Entrepreneurship Center.
The market success of Process Mining won over the Entrepreneurship Day’s jury featuring renowned names from the ranks of TUM: For their innovative business model based on this big data technology, Celonis founders Alexander Rinke, Bastian Nominacher and Martin Klenk collected the Presidential Entrepreneurship Award honoring outstanding TUM spin-off companies on October 19, 2015.
The award was presented at the TUM Entrepreneurship Day, comprising a trade fair, panel discussion and the award ceremony with award gala, at the recently established TUM Entrepreneurship Center in Garching. Dr. Evelyn Ehrenberger, TUM-Vice President for Entrepreneurship and Intellectual Property, presented the award to the winners. The award is accompanied by 10,000 Euro from the Bund der Freunde der TU e.V.
“Only thanks to the right business idea and hard work were we able to grow from a promising startup company into a global technology firm”, says Alexander Rinke, co-founder and CEO of Celonis GmbH. “The Presidential Entrepreneurship Award is a major award honoring the achievements of each of our by-now 60 employees, many of whom are associated with the TUM.” Celonis GmbH was founded in 2011 and with its Process Mining Technology it offers the most powerful tool worldwide for analyzing and optimizing IT-supported business processes.
Company founders Alexander Rinke (mathematician), Bastian Nominacher (business IT specialist) and Martin Klenk (IT specialist) met while studying at TUM. The company name Celonis was inspired by the Greek God “Celos” whose name means “aspiration” and “striving”. “We had a grand vision from the beginning”, explains Rinke.
The Presidential Entrepreneurship Award continues the success of the Process Mining Technology leader: The Celonis software was recently added to the distribution of SAP. This marked the first time in the history of the innovative SAP Startup Focus cooperation program that software developed by a startup company was added to the master price list of the international IT company.
The recruiting event Hack & Jump will be held on the 22nd of October, 2015, in Munich. Organized as part of the Munich Media Days Tour, this event’s participants feature ten IT companies as well as Celonis GmbH. Hack & Jump shuttles go from company to company, bringing students and graduates in informal contact with potential employers. Celonis, a rapidly expanding Big Data start-up as well as an industry-leading technology company, informs students about entry opportunities, in a relaxed networking atmosphere. Interested participants can register for the event online.
In the Hack & Jump shuttle Munich edition, on the 22md of October 2015, which is part of the successful series of events “IT Job Shuttle”, touring students and graduates of computer science, business, industrial engineering or relative of areas visit a total of eleven different companies and thus gain an informal opportunity to come into direct contact with potential employers and their fields of activity. While enjoying snacks and drinks, contacts can be made with key decision makers, setting the basis for internships, master-theses or permanent positions.
The Celonis GmbH, a young technology company that deals with its Process Mining technology and can already claim to be a global innovation leader, will participate at the tour, organised by the Agency “Young Targets”. “The so-called “War of talent” is no longer a buzzword, but already reality – good employees are no longer won by classic ads,” explains Julia Meier, Talent Acquisition Manager Celonis GmbH. “The concept of Hack & Jump is a great initiative to get to know candidates better and to give them a deeper insight into how a company is ticking, informal setting, because that is exactly what is important for Generation Y – authenticity, appreciation and an ear for own ideas.”
A scavenger hunt with sweepstakes, via a smartphone app, brings companies and participants together while considering technical issues and stimulates an exchange. The event is rounded up by a get-together in Munich Siemens Headquarters. At 7 p.m. representatives from government and partner organizations such as the Society for computer science (GI) e.V. are expected. Besides Celonis renowned Munich-based IT companies that are participants of the Hack & Jump include 1 & 1 Internet AG, CHECK 24 Services GmbH, Siemens AG and seven others. The event is funded by the participating companies, which are hoping to successfully recruit promising young talent. “Given Big Data and the increasing digitization of more and more areas of life, the job prospects are excellent in the IT industry,” said Julia Meier, Talent Acquisition Manager Celonis GmbH. “As a company that has just outgrown its start-up reputation and is a worldwide recognized technology leader in a booming industry, we are expecting tremendous growth and are always on the lookout for qualified newcomers.”
Interested students and young professionals can immediately register online at www.hack-and-jump.de.
In a constantly changing market environment, large companies are faced with the great challenge of successfully managing a variety of IT-driven business processes, which are constantly getting more complex .
However, the transparency of digital processes is still at an alarmingly low level. How much insight into your processes do you really have? How long does it it take to get to the root cause of inefficiencies, bottlenecks and compliance issues? Discover the future of process analysis in the free webinar “Find out what really goes on in your processes with SAP HANA-based process mining“ on October 15 2015 at 5pm CEST.
(After registration, a recording of the live webinar will also be available)