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- This is it.
London, UK – 6th October 2023 – Silico, the leading Business Process Simulation platform, is proud to announce its strategic partnership with mindzie, a prominent North American-based leader in AI-Driven business process mining and automation. This partnership is set to redefine the landscape of process improvement by combining Silico's cutting-edge Business Process Simulation Platform with mindzie's innovative process mining capabilities.
The integration of these two industry-leading platforms will provide customers a seamless experience, allowing them to map, analyse, simulate, and take action to unlock capacity, working capital, and drive overall operating efficiency with data-driven insights.
Combining mindzie’s process discovery and analysis with Silico’s Business Process Simulation offers customers a powerful way to identify process inefficiencies and find the best solutions for these via Process Simulation, ‘stress testing’ these process improvements in a Digital Process Twin.
This new level of process transparency will drive customer value through:
- Interactive Digital Twins: Silico and mindzie will seamlessly integrate work graphs with Process Simulation, creating interactive Digital Twins that offer insights into the effects of process changes on strategic metrics.
- Predictive Modelling: Users can model and simulate changes to various process metrics, enabling predictions of the impacts of these process changes before implementation.
- Outcome Alignment: Businesses can evaluate the consequences of redesigning specific elements of a process, ensuring alignment with desired outcomes and commercial KPIs.
- Continuous Improvement: Identify new routes for process enhancement as the operational landscape evolves, fostering continuous improvement.
John Hill, CEO of Silico, expressed his excitement about the collaboration, stating: "We are thrilled to partner with mindzie. This partnership bridges mindzie's process mining expertise and Silico's Process Simulation capabilities, offering our customers unique opportunities to unveil enhanced process improvement strategies and elevate the strategic significance of their operations. The fusion of process mining and Process Simulation represents the natural progression for organisations dedicated to advancing process excellence."
James Henderson at mindzie, added: "Understanding how a company operates and where the opportunities are to improve is pivotal to success in today’s environment. Integrating Silico's capabilities into our portfolio is a significant step toward true operational transparency and enabling our customers to not only discover ways to improve but to also simulate the effects of changes."
This partnership between Silico and mindzie signifies a new era of process enhancement, where process mining insights converge seamlessly with dynamic Process Simulation, offering businesses the means to implement transformative changes in their operations.
Silico enables the rapid creation of a Digital Twin of the Organisation through Business Process Simulation (BPS). Through powerful, forward-looking Process Simulation, businesses can uncover and unlock the opportunities hiding in their processes that fuel business growth, making their business more profitable and captivating their customers. Using Silico, companies can test process changes and see their impact immediately before implementing them in the real world, visualizing the connected state of the business now and into the future. Find out more at Silico.
mindzie is a leader in AI-Driven business process mining and automation. Our platform leverages large language model AI to help companies map, analyze, and automate business processes using natural language, reducing waste and increasing efficiency. It enables process improvement experts and business users to gain process insights by asking business questions. With out-of-the-box system connectors, automated actions, analysis templates, root cause identification, and Predictive AI; mindzie enables businesses to quickly go from interest to insight to action. Find out more at mindzie.