Introduction to Celonis

 

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Unicorn company  
  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.
 

 

 

Industry success

Celonis industry success

Process mining is applicable and successful in all industry sections including manufacturing, high tec
h firms; telecom, media and entertainment; energy and chemicals; consumer, retail and wholesale; pharmaceuticals and life sciences; financial services and insurance; and aerospace and defence and the biggest players in those fields like Vodafone, Telecom, Uber or Unilever have already adopted Process Mining as part of their digitalisation strategy and daily operations.

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