A massive wave of digital transformation is leaving electronic footprints and fingerprints that enable the ongoing optimization of business processes based on facts and figures. As a result, we are seeing a wave of new vendors in the business optimization market, which includes process mining and robotic process automation (RPA). Process mining technology extracts business application data, tags it based on time and location within a business process, visualizes the business processes, logs variations, and makes recommendations for process improvement based on built-in advanced analytics.

EMA identified Celonis as a process mining Vendor to Watch. EMA Vendors to Watch are companies that deliver unique customer value by solving problems that previously went unaddressed or provide value in innovative ways. The designation rewards vendors that dare to go off the beaten path and define their own market niches. EMA sees Celonis as a leader in the process optimization market, based on their innovation in driving insight to action, their solid investor backing, a growing customer base, and strong partnerships.