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Understanding Process Mining: Key Features and Trends

Explore the evolving landscape of process mining tools, featuring insights on standardization, integration capabilities, and essential features from industry experts as they discuss future trends and innovations.

A new blog post of What’s Your Baseline was published on Feb 24, 2022:

Overview:

Process mining is rapidly gaining traction in business process management. While still emerging, organizations are beginning to recognize its potential benefits, albeit with expectations of standardization and consolidation in the marketplace over the coming years.

Core content:

  • Process mining technologies are still developing, with many companies yet to standardize their approach to process analysis.
  • Market consolidation is expected, with innovations likely benefiting organizations seeking future-proof solutions.
  • Process mining tools analyze event logs to visualize process steps and identify cases for detailed analysis.
  • Organizations should look for features such as variant analysis, root cause analysis, and integrations with task mining tools.
  • Hosting options for process mining tools are predominantly cloud-based, with varied pricing structures across vendors.

Learnings:

  • Consumers will gain insights into the current state of process mining tools and their market trends.
  • Readers will learn what features to prioritize when selecting a process mining tool for their organization.
  • Understanding the importance of integration with existing systems can enhance process analysis effectiveness.
  • Insights on the financial considerations for adopting process mining, including expected costs and pricing models.
  • Recognizing the potential for process improvements through conformance and variant analysis in organizational processes.

The original content was published in English.

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