Vendor Analysis
published on Jun 10, 2020
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.