• June 15, 2024

German process mining technology pioneer Celonis has named Carsten Thoma as president. Thoma, who had been active in the European startup scene since the late 1990s, was an early investor in Celonis and has been a board member and advisor to the Munich-based tech firm since 2016.

Thoma was a co-founder of omnichannel and product content management software provider Hybris, which was sold to SAP in 2013 for $1.5 billion. Celonis said his quarter century in the cloud software space will help supercharge its next growth phase.

“Carsten has mentored Celonis for several years, supporting our mission to unlock the world’s processes to make companies efficient, to make business execution sustainable and to accelerate progress for humankind,” said Alex Rinke, Celonis co-CEO and co-founder. “His expertise in shaping new industries and scaling disruptive technologies makes Carsten the perfect contributor in our mission to help our customers and ecosystem redefine how modern businesses operate, execute and drive performance.”

Celonis also provided an early indication of the growth it hopes Thoma can sustain when it detailed the opening of new offices in Copenhagen and Stockholm. Celonis has been operating in the Nordic countries for three years and said it wants to leverage the physical presence in Sweden and Denmark to increase adoption of its process mining technology in the Nordics.

“This region has many companies focused on driving innovation, with a well-educated and skilled workforce,” said Michael Zink, regional vice president and general manager of the Nordics for Celonis. “Ingenuity and sustainability also go hand in hand in the Nordics. Our market leading process mining technology will accelerate business performance for companies in the region, delivering fast and sustainable value that support the innovation and sustainability ethos found throughout organizations here in the Nordics.”