MEHRWERK recognized as a Leader in the Gartner® Magic Quadrant™ for Process Mining Platforms for the second consecutive year

KARLSRUHE, GERMANY, May 2, 2024 - MEHRWERK, a leader in software-based business process optimization and operational excellence, has been recognized by Gartner as a Leader in its Magic Quadrant for Process Mining Platforms. Gartner has positioned MEHRWERK’s process mining solution mpmX in the Leaders Quadrant for its ability to execute and its completeness of vision. For the report, a total of 18 process mining vendors were analyzed.

Digital transformation efforts, growing process visibility requirements and increasing demand for business operations resilience continue to be key drivers for the use of process mining tools. Through systematic analysis, process mining visualizes business processes in real time, automatically identifies weak points and enables efficient process optimization.

"We believe that being recognized again as a Leader in the Gartner Magic Quadrant for Process Mining Platforms is a confirmation of our tireless commitment to innovation and customer success," says Constantin Wehmschulte, Chief Product Officer of MEHRWERK. "From our perspective, this as a recognition of our pioneering role in process mining and our vision to create a transformative solution that helps companies optimize their business processes and create real value. This placement would not have been possible without the trust of our customers and partners and their valuable collaboration. We look forward to continuing to expand the horizons of process excellence together."

MEHRWERK`s mpmX offers a comprehensive process mining platform that enables companies to analyze, optimize, and automate their workflows effectively to achieve operational excellence. With user-friendly interfaces and advanced features like AI support and real-time data processing, mpmX empowers businesses to gain valuable insights into their processes, identify inefficiencies, and drive continuous improvement.
Numerous customers have already achieved valuable business value with mpmX: for example, a large consumer goods manufacturer of personal care products was able to increase the conversion rate in its online store by 20% by avoiding abandonment in the payment process. A premium car manufacturer saved €12.4 million per year through more efficient delivery call-offs and less maverick buying. In addition, a medium-sized healthcare provider minimized its Days of Sales Outstanding by 80% by reducing late invoicing.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

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Gartner, Magic Quadrant for Process Mining Platforms, Marc Kerremans, David Sugden, Nick Duffy, 29 April 2024.

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