Thursday 31 March 2022

Celonis declares Process Analytics Factory's acquisition

 


KUALA LUMPUR, March 30 -- Celonis, the global leader in execution management, has announced the acquisition of Process Analytics Factory GmbH (PAF), a leading provider of process mining insights for Microsoft Power BI.

According to a statement, this acquisition will enable millions of Microsoft Power Platform users to utilise Celonis’ market leading Execution Management System (EMS) for process mining, automation, and collaboration.

“The PAF acquisition enables the millions of users of the Microsoft Power Platform to use Celonis’ unique data and intelligent insights to power analytics, automation, and collaboration,” said co-CEO and co-founder of Celonis, Alex Rinke.

Meanwhile, CEO and founder of PAF, Tobias Rother said: “This combination leverages the strength of Celonis market leadership with the foundation that PAF has created in the Microsoft Power Platform. This allows our companies to build the bridge between the Microsoft Power Platform and the Celonis Execution Management System.”

The acquisition of PAF is part of Celonis’ strategy to enable companies everywhere and in all industries to use process mining within the Celonis EMS to reveal and fix process inefficiencies. 

Celonis is committed to empowering users of the top automation, collaboration, and workflow platforms to run their businesses using Celonis’ unique process insights and intelligent, targeted actions.

The PAFnow process mining product is completely integrated into Microsoft Power BI and Microsoft Office 365 for the analysis, visualisation and optimisation of almost any process. 97 per cent of the Fortune 500, and over 260,000 companies globally, use Microsoft Power BI.

The PAFnow software capabilities will debut in Celonis Experiences at Celonis World Tour 2022.

Celonis Experiences will showcase how customers can seamlessly integrate Celonis EMS with Microsoft Power BI reporting, collaborate with Microsoft Teams, and trigger flows in Microsoft Power Automate.

-- BERNAMA

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