• May 22, 2024

The Everest Group, a global technology consultant based in Dallas, has released its annual evaluation of the process mining software market. The company, which produces a “PEAK Matrix” report for dozens of technology sectors, named Celonis, Software AG, Minit and UiPath as “Leaders”.

Process mining has become an increasingly important part of the automation strategy for companies, enabling them to identify which processes can and should be automated, reveal bottlenecks and inefficiencies in processes and reduce operating costs.

The consultancy ranked 18 companies in the process mining space on two axes: ”market impact” and “vision and capability.” It separates them according to their position on the matrix into “aspirants,” “major contenders” and “leaders.”

Process mining technology evaluated by Everest Group for the report include solutions from: Apromore, Celonis, Everflow, Integris, Lana Labs, Livejourney, Live Objects, Logpickr, MEHRWERK, Minit, Monkey Mining, myInvenio (acquired by IBM), PAF Now, QPR Software, Signavio (acquired by SAP), Software AG, UiPath and UpFlux. While the company sells a version of the report on its website that includes a full market and trend analysis, the graph showing the relative positions of the companies included in the evaluation is publicly available.