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Mike Smart

Mike is a Senior Analyst and Operations Officer at NelsonHall. His main research focus is on digital transformation technologies, including RPA, blockchain, IoT, artificial intelligence, cognitive, and machine learning.

Soroco - Process Understanding

Vendor Analysis

by Mike Smart

published on Aug 05, 2024

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Report Overview:

This NelsonHall assessment analyzes Soroco's offerings and capabilities in process mining and discovery

Who is this Report for:

NelsonHall’s Process Understanding profile on Soroco is a comprehensive assessment of Soroco’s offerings and capabilities, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Process Understanding and identifying vendor suitability for Process Understanding RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the Digital Transformation Technologies sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Soroco’s Process Understanding offerings, capabilities, and market and financial strengths, including:

  • Identification of the company’s strategy, emphasis, and new developments
  • Analysis of the company’s strengths, weaknesses, and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization, including the location of delivery centers.

Key Findings & Highlights:

Soroco is a process understanding platform vendor that leverages its Scout foundational AI model to understand mined interaction data and to help users understand processes and process improvements that could be deployed via the company’s two products: Scout Business and Soroco Platform.

Scout Business, built on top of the Scout Platform, offers more than traditional task mining products. The Sout Platform provides an API for accessing mined interaction data, enabling organizations to run SQL queries directly. Users can also utilize Soroco’s Work Graph Xplorer for enhanced data exploration.

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