Celonis

 

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Celonis are experts in process mining whose customers are major global organisations such as Unileveer, Coca Cola or BMW. Celonis helps organizations track organizations' internal processes applying process mining technology as well as different AI and ML capabilities to reveal internal organization processes and problems and to provide direct recommendations. Between 2020 and 2021 C2D3 worked with Celonis' Academic Alliance team to deliver bespoke seminars and masterclasses to students and industry, government, and third sector interested in data science and its impact on business.

Collaborative Activities


 

An Introduction to Celonis

 

Celonis was founded in 2011 by three students from the Technical University in Munich, studying mathematics and informatics. From volunteering on a student consultancy project optimising service desk requests, the idea for Celonis was formed; to use existing data within a company and data science to create a digital footprint for an organisation to reconstruct processes.
The idea of process mining stemmed from existing academic research and successfully turned into practice by Celonis, through industry-ready software creation. The company has transformed from a Start-up venture to Unicorn company, with 200 % growth every year, with 800 employees around the world headquartered in Munich and New York. With a valuation now at $2.5 billion, Celonis identifies themselves as a Pegasus company, able to fly on their own, through positive cashflows year after year.