The process mining technology includes a dynamic set of tools to capture data across an organization’s enterprise IT systems and varied data sources, transform it into the event logs, and provide dynamic visualization of the organization’s “as is” business processes. The software uses the event logs to automatically create a detailed process graph providing detailed, fact-based insights about the processes. These insights enable the organizations to perform process audits, discover process deviations, identify root causes, optimize operations, and monitor the results against various KPIs.
Quadrant Knowledge Solutions’ Process Mining market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for technology vendors to better understand the existing market, support their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading process mining solution vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including ABBYY, Appian, Celonis, Everflow, IBM, Integris, Kofax, Livejourney, Logpickr, MEHRWERK, Minit, PAFnow, QPR Software, Signavio, Software AG, UiPath, and UpFlux.
According to Pranjal Singh, Analyst at Quadrant Knowledge Solutions “A process mining solution offers detailed, data-driven and fact-based actionable insights to perform conformance checking, performance mining, and promoting enhanced process modelling to drive various programs in relation to operational excellence, process automation, and digital transformation.”
2021 Process Mining SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Process Mining Market
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