NelsonHall, a global technology and business process consultancy based in the U.K., has released its annual evaluation of the process mining software market. The company, which produces its “NelsonHall Vendor Evaluation and Assessment Tool” or “NEAT” reports for a variety of technology sectors, named Celonis, IBM Process Mining, ABBYY, Minit and Software AG as “Leaders” in the process mining category.
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 19 companies in the process mining space on two axes: “ability to deliver immediate benefit” and “ability to meet future client requirements.” It separates them according to their position on the matrix into “leaders,” “high achievers,” “innovators” and “major players.”
Process mining technology providers evaluated by NelsonHall for the report include: ABBYY, Apromore, Celonis, EdgeVerve, FortressIQ, IBM Process Mining, Kryon, Logpickr, Mehrwerk, Minit, PAF, Process Diamond, QPR, Skan, Software AG, Soroco, StereoLOGIC, UiPath and UpFlux.