Once a year trendsetter Gartner assesses several organizations as 'most innovative' in their field of expertise. Futura Process Intelligence is elected as one of the 'Cool Vendors in Business Process Management'. Gartner speaks highly of Futura Process Intelligence for their innovative work on automated business process discovery (ABPD).Quotes from the Gartner report:
The software suite Reflect "is used for the purpose of 'process intelligence', Futura's term for the combinations of ABPD and the improvement of business processes." "In addition to Reflect, Futura also offers related services, (like the) '14-day challenge'. During a two-week period, Futura will discover, mine and analyze a mutually agreed-on business process and deliver process models, process improvement points and social interaction diagrams." "Tool vendors in other categories are jumping into this field, but they all have their own challenges. These BI tools are often too complicated for many people to use and understand, and lack a process perspective." "Factors that differentiate Futura from many other offerings in the field of BPM include its strong focus on staying ahead of the curve by innovating and the highly intuitive way it provides insight into the historical execution of a process using a novel process animation technique."
Gartner emphasizes that companies that are engaged in business process improvement should be aware that traditional business process modelling is a costly and time-consuming process that is vulnerable to human interpretation, inadequate business knowledge and a lack of objective validation techniques. ABPD and process intelligence can be used to overcome these shortcomings by creating business process models at a fraction of the time and cost involved in traditional methods. Moreover, this method provides the basis for much more accurate process analysis.
About Futura Process IntelligenceIn the fall of 2006 Futura Process Intelligence was established. On the basis of scientific research on genetic algorithms, Futura builds commercial software (Reflect), that makes it possible to quickly and accurately define business processes. Reflect is being offered as Software as a Service (SaaS).
Futura Process Intelligence is an ICT-company focused on developing and offering products and services in the domain of Process Intelligence. Since Process intelligence is a relatively new area of expertise, there is still al lot of ambiguity about it.
We see Process Intelligence positioned between the domains of BPM and BI. Because of the focus on processes and data/information about them it's definitely part of the BPM area. It's also part of the BI-arena, because we're using process- and data-mining techniques and software for further analysis to improve the processes and businesses of our customers. We also cover and fill in one quadrant of the Balanced score card (the quadrant "internal processes") with our process monitoring and compliance solutions.
The purpose of Process Intelligence is to unlock the hidden knowledge about processes using historical data and help customers to improve productivity, quality and profitability by making this knowledge explicit and more comprehensible so they can use it effectively.
At the moment we are focusing on our software product Reflect, which is a SaaS application with a business model based on pay-per-use and subscriptions. Reflect is a tool suite for process mining, analysis and charting, making process models and animations, etc. In Reflect we're using genetic algorithms, which have been researched and published at the Technical University of Eindhoven. We have a strong focus on staying ahead in the field, innovating and translating the outcomes of research into solutions that can help solve and improve real life challenges.
Please call or email us for a free demo +31650730710 or dfiservices@live.nl
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