Celonis has been featured in Visual Capitalist’s list of the world’s 50 most valuable private companies. The process mining and process intelligence vendor is the 28th most valuable company on the list with a value of US$13 billion, according to Visual Capitalist.
Celonis is the only German company included in the list, with 31 of the 50 most valuable private companies based in the US. The top three are SpaceX ($350 billion), ByteDance ($300 billion) and OpenAI ($300 billion).
Meanwhile, Celonis announced a new partnership with consulting firm The Hackett Group to accelerate return on investment (ROI) from technology with artificial intelligence (AI) and process intelligence solutions.
AI providers are taking over
AI startups are increasingly populating the top 10 most valuable private companies with OpenAI in third, Anthropic in seventh ($62 billion) and xAI in eighth ($50 billion). All three of these companies have produced some of the world’s smartest AI models in recent years, Visual Capitalist stated.
Further down list are Safe Superintelligence ($30 billion), which was created by former employees of OpenAI and Anthropic and Scale AI, in which Meta recently acquired a 49 percent stake.
There are also many companies that have AI applications but not necessarily as their core product. This includes the likes of Databricks (a data analytics platform), Grammarly (uses generative AI to power its writing assistant) and Colossal (a de-extinction biotech company).
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Celonis and The Hackett Group to deliver intelligent enterprise automation
Together, Celonis and The Hacker Group will deliver intelligent enterprise automation that drives measurable business results at unprecedented speed, according to a press release.
Using Celonis process intelligence and The Hackett Group’s AI XPLR™ and ZBrain™ platforms, companies can compare their performance against Digital World Class® performance standards. This will allow clients to quickly identify the greatest ROI opportunities and harness process intelligence and agentic workflow solutions to achieve their value realization objectives.
The partnership aims to deliver:
- Clarity on the right tech investments: By combining The Hackett Group’s industry benchmarks with Celonis process intelligence and its own benchmarks on leading metrics such as cycle time, automation rate and rework rate, organizations can now see which technologies, including AI, will drive best-in-class performance.
- Precision in AI deployments: The Hackett Group’s AI XPLR™ will be able to use process intelligence from the Celonis Process Intelligence Graph to generate tailored, highly-impactful AI use cases and digital transformation recommendations.
- AI that delivers measurable business outcomes at scale: Companies can turn AI use case recommendations into executable agentic workflows using The Hackett Group’s ZBrain™ Gen AI development platform and orchestrate those agents with the Celonis Orchestration Engine.
“Together, we are redefining the way companies operate,” said Carsten Thoma, president and board director at Celonis. “By combining Celonis’ unique process intelligence, benchmarking insights and AI orchestration we are enabling the operations of the future: AI-driven and continuously learning and improving.”
Image credit: Celonis