Celonis Process Mining in '24: Products, Features & Competitors
Celonis claims to be the process mining market leader with 60% market share. Its popularity has been increasing (See Figure 1). However, recent acquisitions from tech giants, such as Myinvenio by IBM and Minit by Microsoft, have created formidable competitors. A good understanding of Celonis process mining and its competitors is necessary to find the right process mining software for your company.
Therefore, our research explains Celonis as a firm, mentions its products and compares it to its competitors.
What is Celonis?
Celonis was founded in 2011 and raised the bar after launching a scalable process mining solution, Intelligent Business Cloud, in 2018 and Celonis Execution Management System in 2020. 1 Today, the firm operates between 20-30 countries with two headquarters in Munich, Germany, and New York City, USA.
Read our comprehensive analysis to learn about leading process mining vendors.
Is Celonis owned by SAP?
No, SAP is not an investor or owner of Celonis. Celonis is a partner of SAP and offers data connectors and applications to capture and analyze event logs data registered in SAP, ERP systems. Celonis also provides this functionality for other non-SAP systems as well.
Explore how to leverage process mining in SAP in detail.
What products does Celonis offer?
Celonis process mining provides products with on-premise, cloud, and hybrid options. These products can be found under three license types:
- Free trial. Learn what Celonis free trial offers and compare it to other process mining vendors with free trials.
Celonis bundles all its products under Celonis EMS:
Celonis Execution Management System (EMS)
Celonis Execution Management System (EMS) is a low-code environment that includes:
- Connectors to gather data from desktops, documents, and other systems to automatically deploy automations
- Task mining to capture user interactions
- Process intelligence to map processes, find inefficiencies and suggest improvements
Latest developments in Celonis EMS
- Celonis acquired Process Analytics Factory (PAF), a company developing process mining for Power BI. This way, Celonis integrated the Microsoft Power platform into EMS, improving business intelligence and connecting to the Microsoft Community.
Check out Celonis EMS demo video for more:
According to the Celonis website, Celonis process mining features include:
- Process discovery
- Conformance checking
- Process simulation
- Predictive analytics
- Automated root cause analysis
- Task mining
Celonis Process Mining can pull data from various sources, such as Postgres, HANA, or Amazon Redshift. It also offers connectors to ERP (e.g., SAP), CRM (e.g., Salesforce and ServiceNow), and other systems to extract real-time data on business processes.
Celonis Task Mining collects data by recording user activities through an app, called workforce productivity. The tool automatically creates a dataset with screen records and analyzes them in terms of employee experience and performance metrics.
For more on how Celonis task mining works, read our task mining article.
Read our process mining software comparison to learn and compare these process mining capabilities in detail.
Is Celonis an ETL tool?
Yes, Celonis collects data from cloud-based applications and on-premise systems and creates a table containing steps involved in the given process with the help of Extract, Transform, Load (ETL) tools. Once the table is ready, Celonis Process Mining analyzes the data to map and develop process KPIs.
The process Mining market was projected to grow by 40% to 50% last year, as market size stats indicate. Such growth suggests increasing competition. Currently vendors like IBM and UiPath are Celonis’ main competitors.
Process mining vendors offer additional capabilities to remain agile in a competitive market. Process mining trends show that in the following years, there will be more:
- Integrated tools and capabilities like automation platforms
- Additional features such as DTO and predictive analytics
- Actionable process mining solutions
- Vendors adopting AI/ ML
Figure 2 is a vendor schema locating vendors based on four main capabilities. The schema is prepared according to company websites, but the vendors marked with a green square are the ones whose free trials we’ve tested. Note that the schema excludes vendors that have less than 30 employees.
Discover Celonis’ shortcomings and compare it to the top 3 competitors.
If you are interested, you can also read our articles about process mining below:
- 11 Benefits of Process Mining according to practitioners
- 44 Use Cases / Applications of Process Mining
- 51 Process mining case studies & project results
If you want to compare Celonis to different vendors, check out our data-driven and comprehensive process mining software list.
If you have questions about which process mining vendor to choose for your business, don’t hesitate to contact us:
Cem has been the principal analyst at AIMultiple since 2017. AIMultiple informs hundreds of thousands of businesses (as per similarWeb) including 60% of Fortune 500 every month.
Cem's work has been cited by leading global publications including Business Insider, Forbes, Washington Post, global firms like Deloitte, HPE, NGOs like World Economic Forum and supranational organizations like European Commission. You can see more reputable companies and media that referenced AIMultiple.
Throughout his career, Cem served as a tech consultant, tech buyer and tech entrepreneur. He advised businesses on their enterprise software, automation, cloud, AI / ML and other technology related decisions at McKinsey & Company and Altman Solon for more than a decade. He also published a McKinsey report on digitalization.
He led technology strategy and procurement of a telco while reporting to the CEO. He has also led commercial growth of deep tech company Hypatos that reached a 7 digit annual recurring revenue and a 9 digit valuation from 0 within 2 years. Cem's work in Hypatos was covered by leading technology publications like TechCrunch and Business Insider.
Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.
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