Celonis, the prominent company in the field of process intelligence and mining, has achieved the 13th position in the Forbes 2024 Cloud 100 list, climbing four positions compared to the previous year. This recognition highlights Celonis’ position as a leader in the private cloud industry and underscores its impact in the Process Intelligence (PI) sector, a crucial technology for business efficiency.
Celonis has been included in this prestigious list for the sixth consecutive year, praised for its AI-based process intelligence platform. The company has solidified its position as a reference in transforming the way organizations leverage their operations and technology, providing significant value to its customers.
Alex Rinke, co-CEO and co-founder of Celonis, commented on the recognition: “We are not only in the era of AI but in the era of Efficiency. Process Intelligence (PI) is essential for organizations to generate value from their business operations and investments in technology, especially in AI. In fact, there is no enterprise AI without PI.” Rinke added that the company will continue to innovate to deliver extended value to its customers.
Celonis serves approximately 50% of the top companies in the Forbes Global 2000 ranking and has generated over $18 billion in value for its clients across various sectors. Among its users are Autodesk, BMW Group, ERGO Group, GE HealthCare, Ingram Micro, Lufthansa Group, and the state of Oklahoma, who use the platform to optimize performance, achieve significant savings, and reduce their carbon footprint.
The recent launch of the Process Intelligence Graph (PI Graph) by Celonis has been a significant advancement. This tool creates a digital twin of a company, providing comprehensive and specific context that helps visualize and enhance operations. The PI Graph is based on Celonis’ leading process mining technology and acts as a semantic layer that makes sense of data, enabling the use of technologies like automation and enterprise AI.
Celonis has also been recognized as the world’s leading process intelligence platform by Gartner and Everest Group analysts. The company is the only German decacorn and the second-largest unicorn in Europe, as well as one of the world’s 43 most valuable startups.
The Forbes Cloud 100 list ranks the top private cloud companies in the world based on market leadership, estimated valuation, operational metrics, and corporate culture. Alex Konrad, editor of Forbes Cloud 100, highlighted the competitiveness of this year’s list, stating that “the value of the list reached $820 billion this year, its highest value in the history of Cloud 100.”
Mary D’Onofrio, partner at Bessemer Venture Partners, also emphasized the impact of AI in the sector: “AI is now the most valued category. We are excited about how AI companies are rapidly scaling, transforming the cloud, and powering the next wave of growth.”
Paul Drews, managing partner at Salesforce Ventures, expressed enthusiasm for the future of the industry, underscoring that “the Cloud 100 list represents the best of the best, and we have never been more excited about what the future holds, not only for the cloud but for the entire tech industry.”
The Forbes 2024 Cloud 100 and 20 Rising Stars list are available online at Forbes Cloud 100 and are featured in the August/September 2024 issue of Forbes magazine.