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CELONIS – from start-up to world market leader

In 2011, former TUM students developed a successful start-up from their idea of a process mining software. So successful that it is now valued at 2.5 billion dollars, making it one of the world market leaders in process mining. The founders of Celonis received this year’s German Future Prize in recognition of future-minded technologies and research projects – presented by Federal President Frank-Walter Steinmeier.

The software system developed by Bastian Nominacher, Martin Klenk and Alexander Rinke enables companies to analyze all their digital business processes and improve their efficiency. Global players and medium-sized companies from 20 different industries now use the software, including one third of all DAX-listed companies.

The basis of the software company is closely linked to the Technical University of Munich. Various chairs of the university supported Celonis during the first years, including the Chair of Entrepreneurship of the TUM School of Management. In addition, 25 percent of Celonis employees come from TUM.

The post CELONIS – from start-up to world market leader appeared first on Technical University of Munich – School of Management.

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