Process mining technology provider Celonis says its revenues have more than doubled over the last year, and CEO Alexander Rinke says the low-code movement is set to help process mining overtake the more hyped robotic process automation (RPA) market.
A 2020 report from the Everest Group technology advisory firm estimated that Celonis currently has about 60% of the process mining market and has seen a 400% growth in its year-over-year customer base.
