

#169 Unlocking Efficiency Gains Through Process Mining with Wil van der Aalst and Cong Yu, Chief Scientist and VP Engineering at Celonis
13 snips Dec 28, 2023
In this insightful conversation, Wil van der Aalst, a leading expert in process mining and Chief Scientist at Celonis, joins Cong Yu, VP of Engineering for AI at Celonis. They dive deep into how process mining uncovers hidden inefficiencies in organizations by analyzing event data. Key topics include the transformative power of predictive analytics, the importance of conformance checking, and the integration of AI technologies. They also discuss successful implementations and the future potential of process mining tools to revolutionize industry practices.
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Process Mining vs. Data Mining/ML
- Process mining is a unique technology, different from data mining or mainstream machine learning.
- It mixes processes and data, making its algorithms unique and focusing on process improvement.
Starting Point for Process Mining
- Start with standard financial processes like purchase-to-pay or order-to-cash when implementing process mining.
- These have known data availability and common problems, providing an easy entry point and valuable experience.
BMW's Use of Process Mining
- BMW, a major car manufacturer, uses process mining to analyze over 50 processes, demonstrating the wide applicability of the technique.
- This ranges from car painting and servicing to financial processes, showing how diverse processes can benefit.