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Celonis- Process Discovery & Mining Technology Evaluation

Vendor Analysis

by Bailey Kong

published on May 28, 2020

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Report Overview:

This NelsonHall assessment analyzes Celonis' 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 Celonis’ 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 Celonis’ process discovery and mining capabilities, covering the Intelligent Business Cloud’s functionality for:

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

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

Key Findings & Highlights:

Celonis offers the Intelligent Business Cloud (IBC), an all-in-one platform that offers:

  • Data extraction, transformation, and loading
  • Process analysis
  • Process monitoring
  • Process collaboration
  • Corrective action enablement
  • Machine Learning (ML) Engine

Celonis offers a mature process mining platform that is well supported by partners.

Celonis' App Store is a platform aimed at accelerating time to value, featuring point-and-click install of pre-built connectors, analyses, Action Engine skills, and objectives or KPIs. The store includes more than 80 connectors, 400 analyses, and 40 Action Engine skills that have been developed by Celonis.

The company also plans to evaluate monetization models for its App Store to incentive the distribution of 3rd party developed apps.

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