Process mining has emerged as one of the most transformational technologies for driving business process improvements. By automatically discovering and analyzing processes from event log data, companies gain unprecedented visibility into bottlenecks, waste, deviations and opportunities to optimize. The process mining software market has exploded in recent years, with IT leaders spoilt for choice. Once… Read More »The Best Process Mining Software in 2024
Cyber threats are growing more severe each year. The number of reported security incidents increased by 29% to 32,002 events in 2021 according to the US Federal Bureau of Investigation (FBI). Data breaches also continue rising, with over 37 billion records exposed since 2013 based on Privacy Rights Clearinghouse research. The average cost of each… Read More »Unlocking the Potential of Process Mining for Cybersecurity
Process mining has burst onto the digital transformation scene, delivering game-changing visibility into how work gets done. Early adopters praise substantial cost savings, customer experience improvements, and risk reduction from applying process mining. As the following statistics demonstrate, compound annual growth rates exceeding 50% underscore the tremendous market potential ahead. However, gaps in process expertise… Read More »The Rapid Rise of Process Mining: 36 Stats Showing Massive Growth and Business Impact
Process mining has emerged as a game-changing approach for process excellence, with over 90% of business leaders aiming to leverage it. However, adoption remains slow due to the lack of expertise. Mastering the methodology is key to uncovering the full potential of process mining. In this comprehensive guide, we break down the 5 indispensable steps… Read More »The 5 Essential Steps for Effective Process Mining
Process mining is an invaluable technology for discovering, monitoring, and improving business processes by analyzing event log data. However, traditional process mining tools come with some key limitations related to data quality, functionality, and analytics capabilities. In this comprehensive guide, we‘ll explore the top limitations of process mining and how the integration of AI and… Read More »Navigating the Limitations of Process Mining
The telecom industry has undergone seismic shifts in recent years. 5G rollout, IoT integration, rising cyberthreats, and skyrocketing data volumes bring both opportunities and operational complexities. Forward-thinking telcos now harness process intelligence to tackle these challenges head-on. What is Process Mining and Why Do Telcos Need It? Process mining is an innovative technology that creates… Read More »Unlock the Power of Process Mining for Telecommunications
The chemical industry is essential to the global economy, with an estimated $5.7 trillion market size in 2021. [1] Chemical companies supply materials and ingredients used across industries from agriculture to electronics to construction and more. However, the industry faces pressing challenges around reducing emissions, improving safety, ensuring compliance, and remaining competitive. This article will… Read More »Driving Efficiency and Sustainability in Chemicals with Process Mining
IT service management (ITSM) is undergoing a significant transformation. With developments in AI, automation, advanced analytics, and remote work capabilities, IT leaders face both opportunities and challenges to enhance their service delivery. Process mining has emerged as a critical technology to help IT organizations through this transition. By providing end-to-end visibility into processes, identifying automation… Read More »Leveraging Process Mining to Revolutionize IT Service Management
Process excellence has become an imperative. Fueled by digital transformation efforts, organizations seek ways to create radical transparency into end-to-end business operations. Process mining serves as a pivotal capability for fueling data-driven process improvements. However, most companies struggle to tap its potential. This guide explores how process mining as a service (PROMaaS) accelerates realizing value.… Read More »Unlocking the Potential of Process Mining: Exploring Process Mining as a Service
With rapidly expanding regulations and internal policies to follow, compliance has become one of the biggest challenges facing companies today. Falling short can lead to significant financial penalties along with legal and reputation damage. A recent Deloitte survey found that nearly half of executives rank compliance issues like cybersecurity and data governance as a top… Read More »How Process Mining Enhances Compliance Performance by 52%