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Thursday, April 12, 2018

Siemens and Process Mining

Note always the potential connection between process mining and business process modeling, to set the stage for more value, and to guide future process mining.

Siemens and Process Mining    By Lindsay Clark in Computer Week

German industrial conglomerate Siemens has turned to process mining to reveal inefficiencies in the way it pays suppliers, organises logistics and runs order-to-cash processes
When global manufacturing giant Siemens created a central data lake, it had no idea it would generate such positive business benefits. Compliance was the main reason it started to collect data from its disparate ERP and finance systems and put them in one place, from 2008 using an Oracle database, and then from 2012 using SAP’s Hana technology.

But from 2014, it began to realise the data could do more than help the organisation mitigate risk and provide financial reporting. Using a technique called process mining, the company began to reveal inefficiencies in the way it pays its suppliers, organises logistics and runs its order-to-cash process, creating savings for the business in the 10s of millions of Euros.  .... "

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