Welcome to this highlight from the Acceleration Economy Process Mining Battleground, which features five leading vendors (Apromore, Celonis, mindzie, SAP Signavio, and UiPath) answering five critical questions from today’s executive buying committee. In this segment, Celonis co-CEO Alex Rinke discusses process mining in the context of macroeconomic factors.
00:10 —The C-suite has shifted from a focus on growth at all costs in a “free-money” (ultra low interest) environment to a higher focus on efficiency, Rinke says. Productivity and efficiency have advanced from a top 10 priority two to three years ago to a top 3 priority today. In fact, productivity and efficiency is often the No. 1 priority.
00:55 — The high dollar savings and ROI that customers can achieve are driving adoption of Celonis software, in line with this focus on efficiency. Rinke says there isn’t a macroeconomic environment in which Celonis would be more relevant.