Four Principles and Celonis partner to bring AI-powered process excellence

The partnership will help Middle Easts organisations to implement digital transformation programmes. (Image source: Four Principles)

Four Principles, one of the leading lean management consultancy and part of Abdul Latif Jameel, has partnered with Celonis, the AI-enhanced process mining and process excellence software provider

This partnership is set to enable Four Principles to efficiently identify, analyse and monitor critical business processes in real-time and optimise client operations. Celonis? Process Mining technology delivers significant business value by allowing companies to discover inefficiencies, identify actions to streamline processes in real time and continually monitor them to ensure optimal performance and improved customer experience.

Combining its operational process expertise with Celonis? process-mining technology, Four Principles aims to enable a transformational ?discover-enhance-monitor? approach to performance improvement. With the Celonis technology, Four Principles aims to rapidly uncover root causes of challenges in business processes, enhance operations with AI-driven actions and continuously monitor developments with digital visualisations. 

Ernest Nedic, director of Four Principles' Kaizen Lab, said, ?Businesses today need support to make quick, data-based decisions which will help them navigate the changing economic scenario. Through our partnership with Celonis, we can effectively scale our analytical capabilities, while accelerating the digital transformation journey of our clients.?

Big data, artificial intelligence, IoT and automation are business-critical, as organisations of all sizes undergo digital transformation programmes. However, successful business transformations are heavily dependent on selecting and analysing the right processes and implementing the right solutions with world-class technology. 

Celonis' solutions set to allow experts from Four Principles to help clients realise wide-ranging benefits, including delivering revenue growth, enhancing customer experience, improving regulatory compliance, driving working capital, lowering operating costs and reducing losses. 

?Celonis recognises how challenging digital transformation initiatives are for organisations and how essential it is to have the right partnerships and technology in place to ensure success," Celonis co-founder and co-CEO Bastian Nominacher said. 

According to Nominacher, the partnership will help ensure that organisations in Saudi Arabia and the Middle East will be successful in their digital transformation efforts and can achieve significant business benefits from improving their processes.