Celonis secures $1bn at $13bn valuation to tackle supply chain challenges
Celonis has secured an additional $1bn in funds to accelerate its position to help customers thrive in challenging economic environments. This $1bn in liquidity is anchored by a $400m equity raise at a post money valuation of nearly $13bn. In addition, Celonis has expanded its revolving credit facility to obtain access to as much as $600m with a syndicate of leading global banks.
Celonis buys PAF to sharpen execution management
Celonis has announced the acquisition of PAF, a provider of process mining technology for Microsoft Power BI.
Accenture and Celonis join forces
Accenture and Celonis have announce a strategic alliance to help organisations gain the insights they need to continuously update and optimise their business processes. Accenture has embedded Celonis’ data-driven execution management capabilities into its tools and platforms, including myConcerto and SynOps, to provide...
ServiceNow reports $1.4bn in subscription revenue
ServiceNow has announced financial results for Q3 ended 30 September 2021, revealing a 31 percent year-on-year increase in subscription revenue to $1.4bn.
ServiceNow and Celonis team up
 ServiceNow and Celonis have announced a strategic partnership to help companies maximise the impact and return on their digital transformation investments. The partnership will combine ServiceNow’s low-code workflow platform with the real-time process execution capabilities of the Celonis execution management system (EMS)....
Celonis, IBM and Red Hat join forces
Celonis, IBM and Red Hat have announced a global strategic partnership to accelerate the adoption of the Celonis execution management system.