Process mining is a methodology for automatically analyzing and reconstructing process flows from digital event data. AI algorithms are used to X-ray business processes in order to uncover bottlenecks, detect idle times, identify deviations from target processes, and quantify optimization potential.
The areas of application of process mining are manifold, e.g. in manufacturing, logistics, service or health care, in order to analyze business processes and to monitor process conformity.
In process mining, a fundamental distinction is made between process analysis (process discovery), process modeling and the application of process models in the context of process monitoring (conformance checking) and performance analysis.
AltaSigma Model Management - BPMN Process Model Viewer
Process mining algorithms are mainly used in the process discovery phase to extract process models from event logs as efficiently as possible. Common algorithms here are α-algorithms, heuristic mining algorithms and inductive mining algorithms. Due to their flexibility, scalability and ability to derive sound process models from event logs, inductive mining algorithms are the most popular methods in the context of process discovery.
The application of process mining brings a number of benefits if the transaction data underlying the business processes is available and can be converted into an event log format, e.g.
Process Mining can be applied in almost every industry where complex processes exist and an efficient and sustainable process optimization helps to secure and strengthen the competitive situation. The following are examples of some application areas for process mining:
The fields of application for process mining are manifold and especially beneficial where complex processes exist and efficient process optimization is required.
When selecting a process mining solution, great care should be taken to ensure that it can be used throughout the company for all relevant business processes. The following aspects in particular play a major and important role:
AltaSigma provides all these core process mining functionalities for analyzing, monitoring and optimizing processes from an open platform to make process management easier, faster, better and more efficient in the future.