As markets, industries and business change at increasing speed, companies also need to adapt – the faster, the better. If data is the fuel of the 21st century, intelligent analytics is the energy boost that can help find new ways to react to change.
That’s why, back in 2013, the Italian startup myInvenio was founded “to change the way we analyze, constantly monitor and improve business processes,” as its CEO, Massimiliano Delsante, states. Their solution performs process mining and creates a digital twin of an organization’s internal operations, and has been applied in a pilot project with us at Enel to improve some of our processes. Now, they are marking a new milestone in their journey, having been acquired by IBM.
So, how can technology support big companies to better understand their processes and be more efficient and resilient? Let’s take a closer look.
Intelligence and automation out to win
How can you know what works and what doesn’t on a granular level within an organization? The myInvenio Process Mining solution aims to instantly boost core business processes by automatically discovering activities and constantly monitoring compliance and performance. It achieves this by recreating a real digital twin of the organization, which is an extremely precise model replicating its processes.
“myInvenio is used to improve business processes. We start with a digital footprint and identify any existing issues. We are able to do that automatically thanks to our algorithm, and can obtain insights, represent the process and highlight any kind of feedback: who is doing what, why it is taking so long to do something, and so on. Understanding this is crucial for companies,” explains Stefano Pedrazzi, VP of Sales & Marketing at myInvenio.