TECH BUYER May 2020 - IDC Perspective - Doc # EUR146264920
Celonis: Driving the Next Chapter of Growth
By: Duncan BrownVP of Enterprise Research Europe, Philip CarterPhilip Carter, Group Vice President, European Chief Analyst and WW C-Suite Tech Research Lead, Danielle Hernandez, Thomas MeyerGeneral Manager and Group Vice President, IDC Europe, John O'BrienResearch Director, European Intelligent Application Services, Neil Ward-DuttonVP, AI and Intelligent Process Automation European Practices
This IDC Perspective focuses on Celonis, a global B2B tech unicorn originating from Europe. It is ramping up its growth strategy, building on its initial focus on the process mining software market, and is now moving quickly into new adjacent segments in the automation space. This analysis reviews Celonis' prospects in its target markets and provides guidance on the emergence of process mining as a software category, particularly in relation to digital transformation programs.
"Celonis has the process mining world at its feet, with credible executives, strong growth momentum, a clear vision, and plenty of funding. With a plethora of technology partnerships in place, it is well positioned to be a dominant player in the broader enterprise software space," said Duncan Brown, vice president, European Enterprise Research.