Celonis, GmbH - Unternehmen des Jahres

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Company: Celonis, GmbH, München, Germany
Company Description: Celonis is a leading global supplier of enterprise-ready process mining. With its unique Celonis Process Mining technology, it offers a versatile, innovative, industry-independent analytics solution for optimizing IT-driven processes in large enterprises. Celonis enables its customer to run transparently: Siemens, ABB, Bayer, RWE, EDEKA, Vodafone, and many others.
Nomination Category: Kategorien Unternehmen / Organisationen Awards
Nomination Sub Category: Unternehmen des Jahres - Computer-Software - Bis zu 250 Mitarbeiter

Nomination Title: Celonis, GmbH

Beschreiben Sie der Jury die Aktivitäten und Leistungen der nominierten Organisation seit Anfang Juli 2015 (in bis zu 525 Wörtern):

Celonis uses Big Data and machine learning to help firms find and address hidden pockets of process weakness.

When the data of different departments and systems are combined in a meaningful way, "Big Data" becomes "Smart Data". This is actually driving companies forward, "says Bastian Nominacher, co-CEO and co-founder of Celonis. The software from Celonis collects, evaluates and presents processes in a visual representation. Process Mining by Celonis is not limited, able to exploit and evaluate enormous data sets with millions of process instances. This means that any process can be optimized in companies of any size and industry.

Celonis has seen demand for its services grow explosively; revenue growing 3,951% over the last four years, with more than 200 customers across 16 industries in 25 countries — including global Fortune 500 companies such as Siemens, KPMG, Deloitte, Bayer and Vodafone, plus a range of mid-sized customers. In 2015, Celonis signed a partnership with SAP, who is now marketing their product as " SAP Process Mining by Celonis. International sales have risen and SAP is bringing Celonis to many European, Asian, and American markets . The company is incredibly proud of the fact that they are able to count on a very large number of well-known companies from the trade, industry and the service sector .Celonis makes more than 10 million euros in sales and has over 100 employees.

After 5 Years of bootstrapping, in 2016, Accel, 83North, and several business angels invested $27.5mUS in Celonis, its first external funding. It’s planning to use the financing to ramp up its operations in markets such as the U.S. Its main markets at this stage are Germany and Europe, according to CEO Rinke, with what he dubs a “growing presence” in Benelux and the U.K. He tells TechCrunch. “Our main focus is really creating the category and building our marketing and sales operation worldwide.”

Celonis Customers benefit from higher efficiency, decreasing costs and realized productivity gains of up to 30 percent.

In 2016, Celonis launched the Proactive Insights Engine (Pi) with artificial intelligence and machine learning. The new version with the addition of Pi is now advancing a big step the Celonis concept. The term "Proactive" indicates what is involved: the data is not only collected, analyzed and visually processed, but the software now provides intelligent solutions and suggestions, acting as a business consultant.

The software tries to "understand" workflows and draw conclusions from them. It uses company data to reconstruct and visualize process flows. Celonis Proactive Insights (Pi) can now conduct causes research and provides recommendations for action - intelligently and fully automated.
In 2016, , Deloitte named the Celonis as the fastest growing tech company in Germany and they were named German EY Entrepreneur Of The Year 2016 Award in recognition of its impressive growth rate and spirit of innovation

Celonis GmbH is a very successful technology company and is growing rapidly. In process mining, they are already the largest player.