Welcome to Episode 56 of the Cloud Wars Horizon Minute — featuring news and commentary hosted by Acceleration Economy analyst Tom Smith. Each episode provides insights into one or more Innovation Accelerators on the Cloud Wars Horizon. This episode focuses on the startup Logatik, a German consultancy bringing process mining benefits to mid-market companies.
Highlights
01:00 — Customers who use Celonis process mining and execution management software read as a who’s who of global industrial giants: J&J, GE Healthcare, many more. These companies tie massive savings to their use of the software.
00:40 — A young German startup, named Logatik, is building a business on selling implementation and consulting services around Celonis software to companies that are significantly smaller: those whose revenue ranges roughly from $100 million to $1 billion.
01:25 — Logatik’s founders got early exposure to process mining through Celonis’ Academic Alliance program, which delivers training on process mining and related analytical efforts in university settings all over the world.
01:52 — Patrick Groth, CEO and co-founder of Logatik, also worked with Celonis tech through a role at Deloitte and an internship. He formed the idea for a medium business focus after attending a networking event where he found almost no awareness of process mining or its benefits.
02:26 — “Adoption is — I wouldn’t say zero, but very close,” Groth says.
02:45 — Logatik emphasizes consulting services so that clients get up and running and derive the most value from the technology.
