Soroco, a work graph company, announced today that their platform Scout has been recognized as a Leader by global analyst firm NelsonHall in their report Process Discovery & Mining Technology Evaluation published by Analyst Bailey Kong.
According to the report revenue from process discovery & mining solutions is expected to reach ~4.3bn by 2025. The report is a comprehensive assessment and analyses the adoption of these technologies, projected growth of the market, and capabilities of different solution providers.
Bailey Kong, Research Analyst at NelsonHall quotes “Soroco’s capabilities to understand end-to-end processes from desktop interrogation, coupled with its ‘glass box’ approach to work insights and toil reduction, was already commendable. Now, the company has introduced functionality to bring in event logs from IT systems as done in traditional process mining solutions. The company not only thinks about technological features that deliver value to clients but how to deliver it to maximize adoption and therefore ROI.”
Commenting on Soroco’s leadership position in the report, Samson David, CEO at Soroco said, “We are humbled and proud at this recognition. We have built Scout, our work graph platform, with the goal of giving full visibility into processes, down to end user’s interactions. Scout’s ability to discover insights from end-user activity and complement it with macro-level process insights has been delivering tremendous value to our customers. This recognition is a validation of its capabilities and reinforces our belief that integrating process discovery and mining approaches is the way ahead.”
In the report, the analysts call out Scout’s strength in delivering a 360-degree process view through Hybrid Process Mining, providing toil reduction recommendations supported with rationale, and the scalability of its deployments.
Soroco’s Scout is a work graph platform that powers digital transformation. It gives organizations a structured view of how work happens on the ground and identifies benefits from applying a portfolio of change levers, delivering targeted change programs at scale.