Top 10: Process Mining software

Updated: July 30, 2023

Process Mining software is a powerful technology that enables organizations to gain deep insights into their business processes by analyzing and visualizing event logs and data from various IT systems. These specialized platforms utilize data-driven algorithms to reconstruct and map out the actual processes, providing a clear and detailed view of how activities are executed. Process Mining software identifies process bottlenecks, inefficiencies, and deviations, enabling organizations to identify areas for improvement and optimize workflows for better performance. With process visualization and analysis, these platforms help organizations to identify potential risks and compliance issues, leading to enhanced operational efficiency and reduced costs. By leveraging Process Mining software, businesses can make informed decisions based on objective data, streamline their operations, and achieve greater transparency and productivity in their processes. Some of the most popular process mining software options are listed below.

See also: Top 10 BPM Software

2022. Microsoft acquires process mining vendor Minit to grow its automation offerings



Signaling its interest in the process automation market, Microsoft has recently acquired Minit, a process mining technology vendor originating from Bratislava, Slovakia. The exact financial details of the acquisition have not been disclosed by the companies. With this purchase, Microsoft aims to enhance its ability to assist customers in their digital transformation journeys by gaining a comprehensive understanding of their processes and identifying potential areas for automation. The Minit team will join Microsoft's Process Insights team, and there are no planned changes to their current work location.


2021. Process mining software startup Celonis snares $1B



Celonis, a prominent startup specializing in process mining software, has recently secured an impressive $1 billion in a Series D funding round. Positioned at the forefront of the process automation ecosystem, Celonis' software facilitates efficient workflow automation through process mining, complementing other tools such as robotic process automation and no-code workflow solutions. With the substantial capital infusion, the company has the potential to expand its product offerings, acquire talent, and enhance functionality in order to further solidify its market position. This significant investment opens up exciting possibilities for Celonis to continue driving innovation in the realm of process automation.


2021. Celonis announces significant partnership with IBM to sell its process mining software



Understanding how work flows within a business, especially in large enterprises, is a complex task when aiming to enhance workflows. This is where Celonis plays a crucial role. By utilizing software and employing process mining techniques, Celonis identifies the movement of work throughout an organization and proposes more efficient methods for accomplishing the same tasks. Today, the company announced a significant partnership with IBM, wherein IBM Global Services will train 10,000 consultants worldwide on Celonis. This collaboration grants Celonis, which currently has approximately 1,200 employees, access to IBM's extensive sales and consulting unit. In return, IBM gains a comprehensive understanding of a technology that is at the forefront of the workflow automation trend.


2020. Microsoft brings new process mining features to Power Automate



Power Automate, the workflow optimization platform by Microsoft, introduces a new tool called Process Advisor. This innovative process mining tool offers a collaborative environment for developers and business users to collaboratively create new automations. The concept behind Process Advisor recognizes that business users possess intricate knowledge of specific processes. With the new tool, business users can now record their execution of processes, such as refund procedures, and share them with developers who may not be well-versed in these processes. This facilitates effective collaboration and allows developers to gain valuable insights into the intricacies of various business operations.


2019. Celonis, a leader in big data process mining for enterprises, nabs $290M



German company Celonis, known for its expertise in process mining, a method of analyzing data generated by a company's software and its operational functionality to offer insights for enhancing performance, has secured $290 million in a Series C funding round. This successful funding has resulted in a post-money valuation of $2.5 billion for the startup. Celonis primarily focuses on providing process mining solutions for organizations' IT systems. However, it has recently expanded its offerings to encompass a broader range of use cases. This includes developing tools for monitoring operations and customer experience, extending its process mining engine to cater to various company sizes beyond large enterprises, and integrating more AI into its fundamental techniques.