Gartner's Inaugural Process Mining Magic Quadrant
The Magic Of It
A Great Solution
With the Magic Quadrant guiding customers towards the most capable and visionary vendors, organizations can confidently adopt process tapping solutions to enhance their operations. In turn, the Magic Quadrant also fosters healthy competition within the industry, driving innovation and improvements to further benefit the customers embracing this powerful approach. The recognition of process mining as a mature industry will likely encourage more businesses to explore and invest in these transformative solutions, ultimately leading to increased efficiency and competitiveness in the global market.
The inaugural Magic Quadrant has identified several key players in the data mining market. These include Celonis, Software AG, SAP Signavio, Mehrwerk, Abbyy, Apromore, QPR Software, BusinessOptix, UiPath, IBM (Cognitive Technology), Microsoft (Minix), Appian (Lana-labs), StereoLOGIC, Pegasystems (Everflow), and Fluxicon. The recognition of these market leaders is a testament to the rapid growth and maturity of the data gathering space.
CSS Commerce, for instance, has effectively utilized this type of mining to analyze and optimize customer shopping paths. By examining the data generated during customer interactions, the company has been able to enhance search functions and eCommerce UI features, ultimately shortening the time to cash.
New Process Mining Magic - New Era For The Industry
The arrival of Gartner’s Magic Quadrant signals a new era in the industry, one where data mining is no longer a niche field but a mainstream solution for organizations looking to optimize their operations. This development will likely spur further growth and innovation in the market, as companies seek to harness the power of process mining to drive efficiency and gain a competitive edge.
A link to the article referenced: https://www.gartner.com/en/documents/3975493
By Kay Winkler | VP/Project Delivery
