Celonis, a world leader in Execution Management, has announced the acquisition of Process Analytics Factory GmbH (PAF), a leading provider of process mining for Microsoft Power BI. This acquisition will enable millions of Microsoft Power Platform users to use Celonis’ market-leading Execution Management System (EMS) for process mining, automation, and improved business outcomes.
The acquisition of PAF is part of Celonis’ strategy to enable companies around the world and across all industries to use process mining within the Celonis EMS tool to uncover and fix process inefficiencies. Celonis is committed to empowering users of leading automation, collaboration and workflow platforms to run their businesses, using Celonis’ unique insights into processes and smart, targeted actions.
The PAFnow process mining product is fully integrated into Microsoft Power BI and Microsoft Office 365 for the analysis, visualization, and optimization of almost any process. 97% of the Fortune 500 companies, and more than 260,000 companies globally, use Microsoft Power BI.
Celonis EMS combines, in an integrated cloud platform, real-time data, process intelligence, and targeted actions to rapidly influence business performance across sustainability, revenue, and bottom line. Customers seeking full clarity on how their business processes work – whether across supply chains, shared service centers or systems environments – can now benefit from the unique and advanced capabilities of Celonis EMS. within their familiar Microsoft environments.
According to Gartner, the hyperautomation software market will reach nearly $860 billion by 2025¹. Yet many companies fail to maximize the value of their digital investments because they lack insight into outdated processes that are holding back business operations. According to a Forrester report, powered by Celonis, process mining has reached a tipping point in 2022, as decision makers demand better execution by finding and correcting process inefficiencies.
“Since we started eleven years ago, Celonis’ mission has always been the same: to help our customers achieve the full potential of their business performance by eliminating process inefficiencies, and that requires Celonis to be everywhere,” says Alex Rinke, co-CEO and co-founder of Celonis. “The acquisition of PAF enables the millions of users of the Microsoft Power Platform to use Celonis’ proprietary data and intelligent insights to power analytics, automation and collaboration.”
Tobias Rother, CEO and Founder of PAF, comments: “This combination harnesses the strength of Celonis’ market leadership with the foundation PAF has built on the Microsoft Power Platform. This allows our companies to build the bridge between the Microsoft Power Platform and the Celonis Execution Management System,” adding, “We are thrilled to help put Celonis in the hands of such a large and fast-growing community of business leaders.”
“The purpose of process mining is to gain a fact-based understanding of business process variance and inefficiency in order to systematically improve processes, maximizing performance while aligning with overall business goals. Integrating process mining into common analytics platforms makes it easy for teams to work together with familiar tools,” said Maureen Fleming, Program Vice President, Intelligent Process Automation Market Research and Advisory Service, IDC.
PAFnow software capabilities will debut at Celonis Experiences at Celonis World Tour 2022. Celonis Experiences will show how customers can seamlessly integrate Celonis EMS with Microsoft Power BI reporting, collaborate with Microsoft Teams, and enable flows in Microsoft Power Automate.