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Process Mining and Process Intelligence

Former SAP partner Celonis has risen to 13th place on the Forbes 2024 Cloud 100 list.
E3 Magazine
September 20, 2024
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This text has been automatically translated from German to English.

This is the sixth time in a row that Celonis has been included in the ranking and is being recognized for its AI-supported process intelligence (PI) platform. "We are not only in the age of AI, but also in the age of efficiency. Process intelligence is crucial for companies to get the most out of their business processes and technology investments, especially AI.

There is no AI for business without PI," says Alexander Rinke, co-CEO and co-founder of Celonis. Last fall, Celonis introduced the Process Intelligence Graph (PI Graph), the heart of the company's process intelligence platform. Using a process mining technique, the PI Graph creates a system-independent digital twin of the company that maps the individual business context and defines what is "good" or "bad" for the business.

"We are not only in the age of AI, but also in the age of efficiency.
Process intelligence is crucial in order to turn business processes and
technology investments to gain maximum benefit."
Alexander RinkeCo-CEO and co-founder, Celonis

It illustrates how the company works and how its processes can be improved. The PI Graph from Celonis provides precisely this context in the form of a semantic layer that lies over the data and gives it meaning. It takes into account both the current state and the desired target state. By understanding the delta between these states and providing context, the PI Graph is an important enabler for technologies such as automation and enterprise AI.

Celonis' extensible data model enables third parties to contribute to this context layer and create a kind of Wikipedia of process intelligence. This context provides process knowledge to an organization's AI tools, including agents, copilots and applications.


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