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myInvenio - Process Discovery & Mining Technology Evaluation

Vendor Analysis

by Bailey Kong

published on Jun 10, 2020

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Report Overview:

This NelsonHall assessment analyzes myInvenio's offerings and capabilities in Process Discovery & Mining Technology Evaluation

Who is this Report for:

NelsonHall’s Process Discovery & Mining Technology Evaluation, provides an assessment of myInvenio’s process discovery & mining platform designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Process Discovery & Mining platforms and identifying vendor suitability for RFPs
  • Process reengineering and RPA and intelligent automation center of excellence personnel evaluating process discovery & mining platform capability
  • Vendor marketing, sales, and business managers looking to benchmark their platforms against their peers
  • Financial analysts and investors covering intelligent automation and process discovery & mining platforms.

Scope of this Report:

The report provides a comprehensive and objective analysis of myInvenio’s process discovery and mining capabilities, covering myInvenio’s functionality for:

  • Data collection, extraction, transformation, and loading
  • Process analysis
  • Process improvement
  • Process monitoring
  • Corrective action enablement
  • Administration.

This report also assesses myInvenio’s product development strategy and strengths and challenges.

Key Findings & Highlights:

myInvenio offers an all-in-one solution for task mining & process mining with capabilities, including:

  • Data collection, extraction, transformation, and loading
  • Process analysis
  • Process improvement
  • Process monitoring
  • Corrective action enablement.

myInvenio offers one of the few platforms that integrates business data and user interaction data for a truer end-to-end process analysis for organizations. This is powered by the company’s multi-level process mining capability that the company believes is one of its key differentiators.

myInvenio uses a subscription-based pricing model for both its cloud and on-premise solutions.

myInvenio is developing prescriptive analytics for suggesting/recommending process changes (like changing the order of two activities) to improve KPIs.

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