Celonis: The Process Mining Tech Disruptor
Celonis is helping businesses optimize their processes using automated business process discovery (ABPD). The intelligent Big Data technology analyzes all processes of a company, detecting weak points within minutes and providing results at a fraction of the cost of hiring a consultant. Celonis has won the confidence of major clients such as GE, Siemens, Bayer, and Vodafone, and was named the fastest-growing tech company in Germany in 2015. As of June 2018, Celonis has raised $50 million in funding, bringing its valuation to $1 billion and making it Europe's latest unicorn.