Process Mining Vendor FindProcess is Focused on Helping Firms Improve Efficiency

Technology Author: Yiran Xing May 24, 2022 12:14 AM (GMT+8)

If we compare a company's digital transformation to a doctor's visit, then process mining is a medical examination center that helps companies sort out their processes and find out where things are going wrong.

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Hyperautomation is one top trend on the Gartner Top Strategic Technology Trends for 2022. It combines robotic process automation (RPA), artificial intelligence, process mining and other process automation tools and technologies

Gartner forecasts that the global hyperautomation software market will reach USD 596.6 billion in 2022, with the market for process mining-driven hyperautomation software reaching USD 30.2 billion.

Process mining is an emerging discipline that spans a number of subject areas including data mining, machine learning and business process management. It helps companies to identify problems and monitor them on an ongoing basis, leading them to identify areas for improvement.

Process mining is still in the early stages of development in China. Most of the vendors emerged from the end of 2020 to 2021, and are in the product and market validation stage.

The key figure in this emerging discipline, Dutchman Wil van der Aalst, is a member of the European Academy of Sciences, one of the computer scientists whose papers have been cited most frequently in the world, and the current chief scientist of celonis, a German enterprise with the largest market share in the field of process mining.

Professor Wil's two Chinese students, Cheng Long and Liu Cong, both work at FindProcess (Chinese:凡得流程). Founded in 2021, FindProcess is dedicated to providing a platform for companies to run business processes based entirely on data and intelligence through process mining algorithms.

Currently FindProcess is focused on three industries: energy, manufacturing and automotive.