Why read this Market Insights?
The emergence of generative AI has transformed the landscape of process mining. Platform providers have expanded their capabilities to extract unstructured data from enterprise environments and deliver insights through natural language queries. Enterprises are increasingly prioritizing rapid process optimization with personalized recommendations. Moreover, they utilize what-if scenario simulations and digital twin technology to forecast and evaluate business impacts early. To capitalize on market opportunities, platform providers are augmenting process mining offerings through product enhancements, strategic partnerships, and acquisitions.
The Intelligent Processing Mining Platforms 2024 Market Insights™ aids organizations in identifying important market trends and expectations, guiding strategic decisions to optimize operational efficiency and performance in process mining.
Methodology
The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–7)
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- Definition and scope of process mining platforms
- Key enterprise intelligent processing mining platforms trends shaping the market
- Avasant recognizes 12 top-tier providers supporting the enterprise adoption of processing mining solutions
Demand-side trends (Pages 8–13)
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- Enterprises across diverse sectors are investing in process mining to enhance their operations and reduce costs.
- Providers are offering cognitive features across the value chain to enhance process understanding and visualization capabilities.
- Integrating generative AI across the process mining value chain has expedited the time to value.
- The M&A spree in process mining continues with a focus on multicloud deployment, data intake, and workflow automation.
Key contacts (Page 14)
Read the Research Byte based on this report. Please refer to Avasant’s Intelligent Processing Mining Platforms 2024 RadarView™ for detailed insights on the service providers and supply-side trends.