Ventana Research recently announced its 2023 Market Agenda for Analytics, continuing the guidance we have offered for nearly two decades to help organizations derive optimal value from technology investments to improve business outcomes.
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Topics: embedded analytics, Analytics, Business Intelligence, Data, Digital Technology, natural language processing, Process Mining, Analytics & Data, Collaborative & Conversational Computing
As I recently pointed out, process mining has emerged as a pivotal technology for data-driven organizations to discover, monitor and improve processes through use of real-time event data, transactional data and log files. With recent advancements, process mining has become more efficient at discovering insights in complex processes using algorithms and visualizations. Organizations use it to better understand the current state of systems and business processes. It is also used to enable business process intelligence and improvement in any function or industry using events and activity models for data-driven decision-making. We assert that through 2024, 1 in 4 organizations will look to streamline their operations by exploring process mining to optimize workflow and business processes.
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Topics: Analytics, Business Intelligence, Process Mining, Streaming Analytics, AI & Machine Learning
Process mining is defined as the analysis of application telemetry including log files, transaction data and other instrumentation to understand and improve operational processes. Log data provides an abundance of information about what operations are occurring, the sequences involved in the processes, how long the processes are taking and whether or not the processes are completed successfully. As computing power has increased and storage costs have decreased, the economics of collecting and analyzing large amounts of log data have become much more attractive.
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Topics: Analytics, Business Intelligence, Process Mining, AI & Machine Learning
Ventana Research recently announced its 2022 Market Agenda for Analytics, continuing the guidance we have offered for nearly two decades to help organizations derive optimal value from technology investments in order to improve business outcomes.
0 Comments Click here to read/write comments
Topics: embedded analytics, Analytics, Business Intelligence, Digital Technology, natural language processing, Process Mining, Analytics & Data, Collaborative & Conversational Computing
Ventana Research recently announced its 2021 market agenda for Analytics, continuing the guidance we’ve offered for nearly two decades to help organizations derive optimal value from technology investments to improve business outcomes.
0 Comments Click here to read/write comments
Topics: embedded analytics, Analytics, Business Intelligence, natural language processing, AI and Machine Learning, Process Mining, Streaming Analytics
