Celonis Strengths, Domain Expertise, and Key Differentiators
Celonis offers a holistic approach to process improvement, utilizing a variety of software technologies to streamline process management and reduce both time and costs for customers. Employing a Machine Learning Workbench, built on Python, Celonis generates predictive insights. Additionally, its AI-driven Action Engine provides intelligent process recommendations, while a Process Automation component automates customer workflows.
Celonis Recent Developments
In May 2023, Celonis unveiled powerful new product capabilities designed to help companies quickly identify and capture business value within their processes. Building upon the success of Object-Centric Process Mining introduced at Celosphere 2022, Celonis now introduces the Object-Centric Data Model. This innovative data representation streamlines process data modeling, accelerates insights, and facilitates action, reducing the effort required to transform data from source systems. The Object-Centric Data Model works alongside Event Log Data Models, ensuring a seamless transition. Additionally, Celonis launched the End-to-End Lead Times App, empowering supply chain leaders to optimize lead times and enhance cash conversion and service levels.
In June 2021, Celonis secured its Series D funding, amassing a substantial $1 billion (USD) investment, elevating the company's total valuation to $11 billion (USD). Renowned for its enterprise software, Celonis specializes in process mining, leveraging data analysis from a company's event logs to pinpoint issues within specific processes. This software streamlines the process-mapping process, eliminating the need for lengthy workshops. Celonis seamlessly integrates with a customer's existing software infrastructure, eliminating the necessity to replace pre-existing enterprise software.
In April 2021, Celonis introduced a suite of execution apps and platform enhancements aimed at eradicating billions of dollars in corporate inefficiencies. This launch targets key obstacles hindering the elimination of process waste in core business functions. The innovative platform enhancements empower companies to extract process data from various systems, applications, devices, and machines. Celonis Execution Apps then leverage intelligence from this data, seamlessly embedding it into core business operations
Celonis Mergers and Acquisitions (M&A) Activities
In November 2023, Celonis completed the acquisition of Symbio. Alongside this, they introduced an upgraded version of the Process Cockpit, which combines real-time process insights with data collected by Symbio, creating a seamless and comprehensive user experience. This integration allows for compliant and intelligent execution of processes across all users within an organization, as core process KPIs and insights are merged with customers' process models and guidelines. This advancement enables organizations to offer managers and employees a unified end-to-end process experience, facilitating the implementation of best practices aligned with real-time performance metrics and monitoring.
Headquartered in Munich, Germany, Celonis acquired Integromat, a company based in the Czech Republic, in 2020. Following this acquisition, Celonis rebranded its product as an execution management platform. Bolstered by its Series D funding in 2021, Celonis aims to enhance its software capabilities to provide more effective recommendations and enable smarter decision-making. Integromat specializes in automation tools designed for users with minimal programming experience.
Celonis Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Celonis applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Celonis and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Celonis Execution Management Platform customers.
Celonis Overview
Theresienstr. 6
Munich, x, 80333, Germany
49 89 4161596 70
https://www.celonis.com/
Ownership: - x
Number of Employees: 3000
Functional Markets: Analytics and BI, ITSM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Consumer Packaged Goods, Distribution, Federal Government, State and Local Government, Public Safety, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Celonis Key Enterprise and Cloud Applications
Celonis Execution Management Platform
Celonis Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Celonis Revenue Breakdown By Type, $M:
Celonis Enterprise Applications Revenues By Functional Markets, $M:
Celonis Enterprise Applications Revenues By Verticals, $M:
Celonis Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Celonis Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Celonis Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Celonis Customers
No. of Celonis Customers: 2000
No. of Celonis Enterprise Applications Customers: x
No. of Celonis Cloud Customers: x
No. of Celonis Cloud Subscribers: x
Celonis has amassed a diverse customer base comprising leading organizations across different regions and industries. With over 2,000 customers worldwide, including Fortune 500 companies and industry leaders, Celonis continues to expand its global footprint and solidify its position as a trusted partner for digital transformation.
Celonis Market Opportunities, M&A and Geo Expansions
In November 2023, Celonis unveiled the Process Intelligence (PI) Graph at its annual user conference, Celosphere. This technology amalgamates an organization's process data with machine learning and extensive process knowledge from thousands of customer deployments. The PI Graph serves as a system-agnostic digital twin of the business, facilitating process improvements, automation, and system transformations across all applications. Positioned at the core of the Celonis platform, it enables advancements in emerging technologies such as Generative AI. Open to all, the PI Graph continuously evolves with insights from the Celonis ecosystem, acting as the world's first 'Wikipedia of Process Intelligence' and offering intelligence through a user-friendly Process Intelligence API.
In August 2023, Celonis expanded its footprint with the opening of new offices in Copenhagen, Denmark, and Stockholm, Sweden. This strategic move strengthens Celonis' presence in the Nordics, furthering the adoption of its market-leading process mining technology in the region. Celonis' investment underscores the high demand for value-creating technologies among businesses in the Nordics, particularly in manufacturing and IT sectors, both of which have already seen significant benefits from process mining.
Celonis Risks and Challenges
Despite its strong market position, Celonis faces several risks and challenges that could impact its growth trajectory. Internal factors such as maintaining employee morale and managing rapid growth can pose challenges for the company, requiring careful navigation and strategic planning. Externally, Celonis must contend with competitive pressures and market dynamics that may affect its ability to capture market share and sustain growth. Additionally, expanding into new regions, particularly the Americas and Asia-Pacific, presents go-to-market challenges that require tailored strategies and localized approaches to succeed.
Celonis Ecosystem, Partners, Resellers and SI
In February 2024, Fujitsu unveiled an agreement to enhance its strategic global partnership with Celonis. This positions Fujitsu as Japan's newest Global Platinum Partner within Celonis' partner program. Beginning April 2024, Fujitsu will utilize Celonis' Process Mining technology to offer consulting services, tapping into its expertise gained from in-house practices and customer case studies across diverse industries. These services aim to facilitate business transformation for Fujitsu's clients.
In October 2021, ServiceNow and Celonis forged a strategic partnership to enhance companies' digital transformation efforts. Combining ServiceNow's low-code workflow platform with Celonis's real-time process execution capabilities, the collaboration aims to optimize digital operations. ServiceNow plans to invest financially in Celonis. Together, they will deliver solutions to identify and prioritize processes for automation, creating digital workflows to streamline operations. The partnership enables deeper understanding of enterprise workflow and accelerates digital innovation for improved work processes.
Celonis Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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