CELONIS NEWS & PRESS.
Celonis will participate at SAPPHIRE NOW® and ASUG Annual Conference being held May 16-18 at the Orange County Convention Center in Orlando, Florida. At the event, Celonis will demo its Process Mining software and will host a series of one-on-one sessions with several customers, including Dow Chemical, Vodafone, AkzoNobel and Acea.
Customers running SAP software have been seeking a better way to identify and fix inefficiencies in their business processes while uncovering their root causes. With SAP Process Mining by Celonis, they can now automatically visualize and understand the actual business-process flows based on the data created by their SAP systems. Its highly efficient algorithms discover variations of processes in real time by analyzing vast amounts of data leveraging the SAP HANA® platform.
Throughout SAPPHIRE NOW and ASUG Annual Conference, Celonis will offer specific SAP Process Mining demos for procurement, accounting, sales and supply chain processes. In addition, Celonis will host one-on-one sessions with several customers, including Dow Chemical, Vodafone, AkzoNobel and Acea.
Celonis will also hold a drawing at their SAPPHIRE NOW Booth #476 for a new Harley-Davidson motorcycle. SAPPHIRE NOW attendees should register for the drawing at the Celonis booth.
Lastly, Celonis executives and customers will participate in a variety of speaking engagements, panels and customer roundtables at the event.
“We are thrilled to participate at SAPPHIRE NOW to introduce more customers to the profound benefits of process mining,” said Celonis co-founder and co-CEO Alex Rinke. “Our current customers rely on our solution to improve margins, business agility and customer service while reducing operational costs by 30%. These users benefit from having an unbiased view into all business processes to uncover hidden problems and fix them in real time with prescriptive recommendations.”
SAPPHIRE NOW and ASUG Annual Conference are the world’s premier business technology event and largest SAP customer-run conference, offering attendees the opportunity to learn and network with customers, SAP executives, partners and experts across the entire SAP ecosystem.
Celonis today announced that it is presenting and exhibiting at Shared Services & Outsourcing Week (SSOW), taking place March 6-9, 2017 in Orlando, Florida. During the event, Marc Kinast, Director of Business Development at Celonis, will deliver a presentation titled, “The New Standard in Data Analytics for your SSC: Process Mining.” In addition, Kinast and the Celoinis team will be available at booths 616 and 618 to provide live demonstrations of the company’s technology, which can reduce operational costs by 30 percent.
Today, service leaders find themselves moving into unchartered territory – where automation and analytics are seen as essential to add value. In order to succeed in today’s digital age, its imperative that decision makers in the outsourcing industry understand the massive amounts of data now available to them and how they can use that data through analytics technologies such as Process Mining.
Kinast’s presentation, at 1:10pm on Wednesday, March 8, will discuss how Process Mining is helping enterprises streamline their business processes. His session will show attendees how Celonis’s technology uses the digital footprint left behind by existing IT systems to provide complete transparency into the ways processes are occurring in real life. In addition to teaching attendees how their organizations can benefit from Process Mining, Kinast will delve into examples of how leading organizations around the world are already benefiting from the technology. He’ll explain how companies such as Siemens, GE and Nestle are using Process Mining to transform their organization by increasing automation, enabling leaner processes and empowering faster operations, allowing them to lead the digital transformation.
Shared Services & Outsourcing Week has established a reputation as THE conference for companies within the SSC, BPO and GBS market looking to meet and discuss ideas that will influence the direction of their companies. For more information on the event, visit www.sharedservicesweek.com. For more information on Celonis and its Process Mining technology, stop by booths 616 or 618 on the SSOW show floor.
Artificial intelligence (AI) and machine learning have already made a significant impact in many areas of big data analytics, and hold even bigger promise for the future. We’re proud to be right in the middle of this revolution with the announcement today of the Celonis Proactive Insights Engine (Pi) – the industry’s first enterprise-class, big data analytics process mining platform fueled by AI and machine learning.
The introduction of Celonis Pi is part of our continued focus on rapid innovation to help enterprises of all sizes gain unbiased visibility into their business processes so they can improve margins, business agility, and customer service while reducing operational costs. Since founding the company in 2011, we’ve helped enterprises across more than 15 industries save hundreds of millions of dollars by improving key processes such as purchase-to-pay, order-to-cash, production, logistics, accounts payable, accounts receivable and IT service management.
The new features of Celonis Pi build on the insight and visibility that our platform provides by giving prescriptive recommendations that help improve efficiency even faster. The features of Celonis Pi include four core components:
- Compares actual operations to the ways that processes were designed to occur (conformance checking) and automatically identifies the highest priority issues and their root causes so users can take immediate action.
- Provides a deep understanding of the human aspect of processes and identifies which teams have the best outcomes as well as which interactions result in lost time or bottlenecks. It also discovers where inefficiencies in an organization’s structure calls for improvement.
- Identifies potential issues before they even happen and allows users to make the right decisions during process execution rather than after a problem arises.
Pi Machine Learning
- Makes predictions about an organization’s future so that processes can be adjusted to meet key business KPIs by using historical data. Understands that a process that works today cannot remain static forever.
Analytics software has already proven to be extremely effective at providing a spotlight for organizations to drill-down and better understand many areas of their business operations. But using this powerful technology has always required a hypothesis on where to shine the light in order to see where things were working well or working poorly. We’re ditching the flashlight and now switching on all of the lights for an entire organization. We are excited to see how the prescriptive recommendations that Celonis Pi provides will help customers improve efficiencies even more.
More information: www.celonis.com/Proactive-Insights
Celonis, the leading provider of a new category of big data analytics technology dubbed Process Mining, today announced that it won the German EY Entrepreneur Of The Year® 2016 Award in the start-up category. On November 18, an independent panel of judges honored Celonis in recognition of its impressive growth rate and spirit of innovation. The award ceremony took place at a festive evening gala at the German Historical Museum in Berlin, attended by prominent figures from the worlds of politics, business and society.
“The EY Entrepreneur Of The Year award is like the Oscar for entrepreneurial achievements,” said Hubert Barth, Chairman of the Managing Board at EY Germany, at the event opening. “It is for celebrating elite entrepreneurs with the gift to disrupt entire industries, inspire people, make dreams come true and take responsibility.”
Dr. Manfred Wittenstein, chairman of the jury, added: “We are looking for the winning DNA. Start-ups are playing an increasingly important role because they renew the foundation of our economy.”
Founded in 2011 by then students of Technical University of Munich, Celonis quickly became the world market leader in Process Mining, an emerging category of big data technology. Celonis’ Process Mining solution helps companies across all industries save millions in revenue by providing faster, better, more efficient and compliant processes with a highly accelerated time to value.
Celonis Process Mining is already being used by Fortune 500 companies and a large number of medium-sized companies in over 25 countries and 16 different industries. In 2015, SAP entered into a partnership with the company, adding SAP Process Mining by Celonis to its global product portfolio. The success of Celonis recently convinced renowned Facebook investors Accel and 83North (formerly Greylock IL) to invest $27.5 million in a series A funding. In five years since inception, Celonis has grown to revenues of over $10 million on an annualized basis. To help propel its rapid growh and boost its presence in the US, the company opened an office in New York, adding to its existing locations in Munich and Amsterdam.
“Alexander Rinke, Martin Klenk and I founded Celonis because we shared the dream of changing how companies around the world run their businesses. Over the past few years, we have assembled an outstanding team of employees, investors and cooperating scientists, with whom we can make this dream come true. We are all proud of this award and consider it a major milestone,” said Celonis co-founder and co-CEO Bastian Nominacher.
Winning the EY Entrepreneur of the Year award is the latest recognition of Celonis’ innovation and growth. Other awards the company has won include the Deloitte Fast 50 Award as Germany’s fastest growing technology company, the SAP HANA Innovation Award and the KfW Banking Entrepreneurship Award.
Celonis is excited to reveal the future of process mining! Be the first to witness a cutting-edge innovation that understands, learns, and advises you on issues and opportunities within your business. Join us on Dec 7th to find out how Celonis can help you create a competitive advantage.
Visit the lauch website: www.celonis.com/launch