In Episode 1 of the Acceleration Economy Minute, Kieron Allen is reporting live from Day 1 of Celosphere 2022 and explains how the new Celonis products address the key theme of critical integration.
This episode is sponsored by Celonis, the market leader in process mining and execution management. The world’s top 2,000 process fanatics learned to fix process inefficiencies at Celosphere, the company’s annual conference, which was held November 9th and 10th in Munich, Germany. Sign up to watch the free virtual Celosphere 2022 stream here.
Highlights
00:20 — Day 1 of Celosphere 2022 kicked off with an opening keynote from co-CEO Alex Rinke. During his keynote, Rinke, alongside other executive members, unveiled three new Celonis products:
- Process Sphere
- Business Miner
- Workforce Productivity
00:50 — At Celosphere, a leading theme that arose from the product announcements, and was echoed in following sessions, was critical integration. This sentiment was championed by various Celonis customers throughout the day, especially by the supermarket chain, ALDI SOUTH, that is using Celonis technology to address supply chain inefficiencies.
01:34 — Each of the Celonis products that were revealed during the opening keynote provides a critical service that leads to companies saving millions of dollars and creates immense value.
01:58 — Celonis technologies are critical because they address problems in business processes that business leaders may not have known were there. This idea can be translated into a blueprint for companies within an acceleration economy because it requires them to look at the crucial elements of their technology stack that are required to achieve a goal.
02:28 — Business goals should be about leveraging technology, as technology increasingly becomes an integral part of business structure. Accessible and simple technology has prompted a cultural shift, in which the ultimate goal is focused on making technology the process and not just the path to achieving it.
