Had heard the term 'Process Mining' relatively little used lately. But as I mentioned in recent posts, it helps you to understand how existing process and related decisions are done today. Once that is understood, you can use forms of business process modeling to improve them. And AI or other forms of analytics, to look for patterns that can be improved. Very natural progression. so I can understand IBM's interest, given their considerable background in the BPM space. We used their systems there.
German process mining startup Celonis teams up with IBM and Red Hat By Douglas Busvine in Reuters
BERLIN (Reuters) - Celonis, a fast-growing German process mining software startup, has struck a strategic partnership with IBM to help companies make the most of the digital transformation that many are undergoing at speed.
IBM’s Global Business Services consulting arm will weave the Celonis Execution Management System into its offering, adding the ability to analyse data thrown off by processes like supply-chain management, finance or procurement to identify weaknesses and recommend fixes.
Celonis will also shift its software stack to IBM’s Red Hat OpenShift platform, which enables companies to operate in an open ‘hybrid’ setting that can include public or private cloud data centres, on-premise servers and mainframe computers.
That represents a big step for the Munich startup, which last raised funds here from investors at a valuation of $2.5 billion in 2019 and counts Coca-Cola, Siemens, Uber and Vodafone as clients. ... "
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