Tag: process mining

5 Benefits of Using Process Mining | In the News

Process mining software can recommend how and when to apply other types of technology, like robotic process automation, to a company’s operations and can help companies become more efficient by discovering ways to improve operations.

“This is the top benefit for process owners, automation leads, and [chief experience officers], as [carrying out process mining can improve] an organization’s productivity, cost-effectiveness, and competitiveness,” said Santhosh Kumar, Practice Director at Everest Group.

Read more in Tech Target.

Process Mining Products PEAK Matrix® Assessment 2023

Process Mining Products PEAK Matrix®

Process mining plays a crucial role in driving operational excellence and facilitating enterprises’ digital transformation initiatives by employing a data-driven approach to continuously discover, monitor, and optimize existing processes. The process mining market is gaining strong momentum globally and finding diverse applications across business functions and industries. Process mining offers the potential to enhance operational efficiency, ensure process governance and compliance, and elevate the customer experience. In response to market demands, technology providers are swiftly advancing their products to offer enhanced capabilities, features, and functionalities. However, to achieve success, it is critical for enterprises to select the right-fit process mining technology providers.

Process Mining PEAK 2023

What is in this PEAK Matrix® Report

In this report, we examine 18 process mining technology providers and position them on Everest Group’s PEAK Matrix®, categorizing them as Leaders, Major Contenders, and Aspirants based on their capabilities and offerings. The research will help buyers select the right-fit technology providers for their needs and enable providers to benchmark themselves against the competition.

In this PEAK Matrix®; report, we provide:

  • Everest Group’s PEAK Matrix® evaluation of 18 process mining technology providers and their categorization as Leaders, Major Contenders, and Aspirants
  • An overview of process intelligence products
  • Competitive landscape of the process mining technology provider market
  • Key process mining technology trends
  • Key strengths and limitations of each process mining technology provider

Scope:

  • Process mining software products that are sold on license, irrespective of any ongoing business or IT process outsourcing or managed services
  • All industries and geographies
  • Assessment based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading process mining technology providers, client reference checks, and an ongoing analysis of the process mining market

DOWNLOAD THE PROCESS MINING PRODUCTS PEAK MATRIX® ASSESSMENT 2023

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Process Mining Products PEAK Matrix® Assessment 2023

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

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