process.science in the SPARK Process Mining Matrix 2022
process.science positioned as the Challenger in the 2022 SPARK MatrixTM for Process Mining by Quadrant Knowledge Solutions
November 2022: Quadrant Knowledge Solutions announced today that it has named process.science as a 2022 technology leader in the SPARK Matrix™: Process Mining, 2022.
The Quadrant Knowledge Solutions’ SPARK Matrix™ includes a detailed analysis of the global market dynamics, major trends, vendor landscape, and competitive positioning. The study also provides a competitive analysis and ranking of the leading Process Mining providers in the form of the SPARK Matrix™. The study also provides strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market positions.
Pranjal Singh, Analyst at Quadrant Knowledge Solutions, states, "process.science enables organizations to visualize the process knowledge and make any KPI compliance easily verifiableby combining process.science’s data science tools and process mining solutions." Pranjal adds, "process.science’s solution compliance analysis allows users to import target processes from different BPMN tools, modify them, and then compare them to the actual process to find key discrepancies. The company has received strong ratings across the parameters of technology excellence and customer impact and has been positioned amongst the challenger in the 2022 SPARK Matrixof the Process Mining market."
Lucas Maximilian Schroth, Executive Director at process.science, states, "process.science delivers the onlyout-of-the-box process mining solution directly integrable in both leadingBI-Systems: Microsoft Power BI and Qlik Sense. We’re enabling your organizationfor automated real-time process analysis by using the data already flowing fromyour systems. Our solutions are integrated with minimal efforts and come with connectors for various source systems and processes. Other than most standalone solutions, the implementation of process.science takes no influence on your day-to-day business and carries no risk of system failures. It does not intervene with your existing software and your ERP system; moreover, all your data stays in the same environment where it already is. With just a few simple steps, our unique algorithm will give you deep insights into the process reality of your company using the BI-System that you are already familiar with."
Process mining helps organizations analyze, identify, automate, and monitor event logs and real-time system data to improveend-to-end operational business processes. Process mining comprises a dynamicset of tools that collect data from an organization’s IT systems and variousdata sources. This collected data helps organizations identify business gapsand resolve issues that may impact the performance of business processes.
Organizations are automating their business processes to drive digital transformation, and processes play a critical role in the effective implementation of these digital business initiatives. Process mining is a critical solution that uncovers existing processes in an organization and provides solutions to subject matter experts for modeling, documenting, and collaborating to re-engineer an organization's operational processes. Process Mining is also helping organizations to go beyond the traditional use cases of process discovery and is helping map the process mining solutions with customer journey mapping to further enhance the customer experience. Organizations are also leveraging artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA) to automatically discover and optimize critical business processes.
process.science delivers out-of-the-box process mining tools directly embedded in BI-Systems like Microsoft Power BI and Qlik Sense. It’s not a complicated stand-alone solution in addition to your systems. The implementation carries no risk of system failures. process.science enables your organization for automated real-time process analysis by using the data that is already in your ERP.
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory andconsulting firm focused on helping clients in achieving business transformationgoals with Strategic Business and Growth advisory services. At QuadrantKnowledge Solutions, our vision is to become an integral part of our client’sbusiness as a strategic knowledge partner. Our research and consultingdeliverables are designed to provide comprehensive information and strategicinsights for helping clients formulate growth strategies to survive and thrivein ever-changing business environments.
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