Well-deserved recognition for an up-and-coming leader in the Process Mining space. Celonis was announced as a finalist for the German EY Award, “Entrepreneur of the Year”, an award celebrating innovation and growth within the technology space. Their product appears to “check all the boxes” when it comes to a Process Mining solution:

  • Automated Process Discovery
  • Visualized process flow of every process deviation
  • Intuitive analytics with “drill down” capabilities to the transaction level
  • Customizable dashboards and reports identify bottlenecks and long cycle times
  • Predictive alerts and monitoring of a company’s high-volume processes

Relatively new in the US-market, Process Mining solutions like Celonis have been used throughout Europe for several years to maximize efficiencies in critical business processes like order to cash, accounts payable, and manufacturing. As Celonis continues to capture awards and attention from firms like EY and venture capitalists, a lot of new competition is starting to emerge in this space. Technologies like Celonis are going to be game-changers as North America starts to recognize the huge positive ROI that Process Mining brings to businesses. We’ll be cheering for Celonis when EY announces the winner on November 18th!

CELONIS AMONG 35 FINALISTS FOR THE EY AWARD “ENTREPRENEUR OF THE YEAR”

“Courage, innovative technologies, strong customer loyalty” and “impressive growth, innovation and social responsibility” – these are the main criteria for the “Entrepreneur of the Year” award from Ernst & Young. Following the multi-stage selection process, Celonis has now made it to the final selection.

 

Celonis’ Process Mining technology provides a comprehensive insight into the actual processes of a company as well as hidden costs and weaknesses – thus promising companies a significant increase in efficiency and more compliance for their internal processes.  

Today, Celonis is used by Fortune 500 companies in over 25 countries, and also by a large number of medium sized businesses. A success that has attracted investors: after Celonis grew for the first 5 years on its own on a turnover of 10 million Euro, well-known investors from Silicon Valley have gotten on board this summer.

This success was also recognized by third parties. As a result, Celonis now has a few prizes on the mantel, such as the Deloitte Fast50 Award for the fastest growing tech company in Germany, the SAP HANA Award or the KfW Founder Champion Award. The awarding of the EY “Entrepreneur of the Year” Awards is the grand finale of the annual competition. It takes place on 18th November 2016 in the German Historical Museum in Berlin.