Alibaba optimizes energy consumption at Olympic Games, Celonis unveils process orchestration solution – PEX Vendor News
BPM firm QX Global Group secures £100 million growth investment, Apromore now available on AWS Marketplace and ABBYY launches MVP program for developer community
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PEX Network’s weekly bulletin rounds up the latest industry vendor news including product releases/updates, mergers and acquisitions, partnerships and leadership changes.
This week includes:
- Alibaba Cloud to measure and analyze electricity consumption at Olympic Games Paris 2024
- Celonis and Emporix optimize processes at scale with AI-driven process orchestration
- BPM company QX Global Group secures £100 million growth investment
- Apromore now available on AWS Marketplace
- New Esker capabilities focus on sustainable business growth
- ABBYY launches MVP program for developer community
- Knoa’s task mining solution earns SAP Premium qualification
Alibaba Cloud to measure and analyze electricity consumption at Olympic Games Paris 2024
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced that the International Olympic Committee (IOC) will deploy its data-driven sustainability solution to help measure and analyze electricity consumption at the Olympic Games Paris 2024. Energy Expert will be applied to all 35 competition venues during Paris 2024, consolidating energy-related data during the Olympics and Paralympics into one dashboard to enable more accurate analysis and better-informed power consumption planning for future Olympic Games, according to a press release.
“Sustainability is one of the three pillars of Olympic Agenda 2020+5 alongside credibility and youth. With Energy Expert, we can now forecast our energy related impacts well into the future and accurately measure our progress,” said llario Corna, chief information and technology officer at the (IOC). “Electricity consumption is a large contributor to the Olympic Games’ carbon emissions. The data-driven insight produced by Energy Expert will help us learn from each Games edition and apply that knowledge intelligently to make future events even more energy efficient.”
Celonis and Emporix optimize processes at scale with AI-driven process orchestration
Process mining and process intelligence leader Celonis announced a new AI-driven process orchestration solution to help companies achieve end-to-end process optimization. Developed in partnership with composable business commerce company Emporix, the Emporix Orchestration Engine leverages process intelligence to orchestrate processes in real-time. It is designed to help businesses establish agile, data-driven operations and increase overall efficiency by using AI to continually optimize processes, according to a press release. Key capabilities include process transformation at scale, intelligent execution and reduced complexity, it added.
“Existing tools and automation strategies alone cannot deliver the promise of end-to-end process optimization,” commented Carsten Thoma, president of Celonis. “By themselves, these only transform individual, linear and siloed tasks. Businesses need an intelligent, connective management layer to ensure all their resources, systems and people are working in sync and achieve true end-to-end process optimization and business transformation.”
READ: Process orchestration – the next step in process excellence: 2024 industry report
BPM company QX Global Group secures £100 million growth investment
Business process management (BPM) vendor QX Global Group secured a growth investment of more than £100 million (more than US $1,290,000) from US-based growth equity firm Long Ridge Equity Partners. QX specializes in business and digital transformation, BPM and consulting services in several sectors including accounting, manufacturing, healthcare and utilities/energy. The company has seen revenue grow by approximately 30 percent over the past year as it emerges as a global player in the BPM space.
“The Long Ridge team brings a wealth of senior experience in the BPM and consulting sectors,” said Chris Robinson, founder of QX Global Group. “I am so proud of everything that has been achieved at QX so far, and I couldn’t have asked for a more impressive and experienced investment partner to support the next stage of the QX growth story.”
While some leadership changes will occur as a result of the deal, the majority of the QX board and management team will remain in their roles and reinvest in the company, according to a press release.
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Apromore now available on AWS Marketplace
Process mining vendor is now listed on the Amazon Web Services (AWS), making it easier for businesses to access its solutions. AWS Marketplace is a digital catalog that allows users to find, buy, deploy and manage software that runs on AWS. “Being listed on AWS Marketplace means that Apromore is now more accessible to a global audience, allowing businesses to seamlessly integrate our process mining capabilities into their existing AWS infrastructure,” Apromore stated. Benefits of being listed on AWS Marketplace include ease of deployment, scalability, security and cost efficiency.
READ: Process parallelism in process mining
New Esker capabilities focus on sustainable business growth
Process automation vendor Esker announced new capabilities for its Source-to-Pay suite that incorporate sustainability features essential for business growth while complying with increasing environmental, social and governance (ESG) regulations. These include features that track ESG metrics in line with regulatory frameworks, monitor performance of these indicators and identify areas for improvement, according to a press release. By facilitating the creation of transparent reports and displaying easy-to-read dashboards, these tools can provide a clear and accurate picture of a company’s environmental impact, while internal CO2 emissions can also be optimized by analyzing supplier invoices, resulting in significant cost savings, it added.
“Embracing sustainability isn’t just a choice, it’s a strategic imperative,” said Catherine Dupuy-Holdich, S2P product manager at Esker. “Companies must weave ESG concerns into every thread of their S2P fabric, since it’s not just about transactions but about transforming the entire supply chain into a force for sustainability.”
READ: How RPA contributes to achieving sustainability goals
ABBYY launches MVP program for developer community
Intelligent automation vendor ABBYY launched the Most Valuable Professional (MVP) program to highlight members of its technical community. The ABBYY MVP program awards the title of MVP to developers and technical users who demonstrate exceptional proficiency in ABBYY AI and significant contribution to the ABBYY community, recognizing them for innovative use of AI technologies and their efforts to share their expertise with others. Becoming an ABBYY MVP yields opportunities for continuous innovation and professional connection, according to the company.
“I joined the ABBYY MVP program to leverage cutting-edge AI and intelligent automation technologies, enhancing my ability to deliver transformative solutions,” said Travis Spangler, VP of intelligent document processing (IDP) sales and strategy at Naviant. “By integrating ABBYY’s advanced tools and utilizing this program’s access to others within the ABBYY community, I will be enabled to provide clients with unparalleled insights and operational excellence.”
Knoa’s task mining solution earns SAP Premium qualification
Analytics and task mining vendor Knoa Software announced that its task mining solution, SAP User Experience Management (UEM) version 8.1, has been certified through the SAP Premium qualification for SAP Solution Extensions. Both the cloud and on-premise versions of the Knoa product have been certified through this process, with the qualification recognizing Knoa’s commitment to providing enterprises with a stable, scalable and high-quality solution that complies with SAP and industry standards, the firm stated.
“The SAP Premium Qualification for the latest version of our task mining solution marks a significant milestone in our 17-year journey of innovation and excellence alongside SAP,” said Brian Berns, CEO of Knoa Software. “This accomplishment reinforces our commitment to advancing technology and delivering exceptional solutions to our clients. This is especially timely in support of our new partnership with SAP Signavio.”
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