Celonis and Ardoq have announced a strategic partnership to launch a combined solution designed to empower Chief Information Officers (CIOs) with enhanced visibility and control over their operations. This innovative offering integrates Celonis' Process Intelligence platform with Ardoq's Enterprise Architecture technology, creating a sophisticated digital twin of an organization that aligns technology investments with business priorities.
Key Takeaways
Integration of Technologies: The solution merges Celonis' Process Intelligence with Ardoq's Enterprise Architecture.
Enhanced Visibility: CIOs gain unprecedented insights into the relationship between IT operations and business performance.
Market Growth: The digital twin technology market is projected to grow significantly, reaching USD $73.5 billion by 2027.
Data-Driven Decisions: The solution quantifies the impact of IT initiatives on business metrics, enabling informed decision-making.
The Need for Enhanced Operational Control
In today's fast-paced business environment, CIOs face the dual challenge of optimizing IT operations while driving digital transformation. Eugenio Cassiano, Senior Vice President of Strategy and Innovation at Celonis, emphasized the importance of this balance, stating that the new solution provides CIOs with the tools necessary to make informed strategic decisions.
The Power of Digital Twin Technology
Research from McKinsey highlights the growing significance of digital twin technology, which simulates physical entities to enhance operational performance. The global market for this technology is expected to grow by approximately 60 percent annually over the next five years.
More than 1,500 leading companies utilize the Celonis Process Intelligence platform to create a living digital twin of their operations. This system-agnostic platform helps organizations understand and optimize their end-to-end processes, while Ardoq's data-driven EA platform has been adopted by nearly 400 enterprises, providing a unified view that accelerates transformation.
Benefits of the Joint Solution
The collaboration between Celonis and Ardoq offers several key advantages:
Single Source of Truth: Integrates business processes and supporting IT for a comprehensive organizational perspective.
Quantified Business Impact: Measures the effect of IT initiatives on critical business metrics.
System-Agnostic: Adapts to multi-vendor application landscapes, ensuring transparency in end-to-end integration.
Supporting CIOs in Transformation Initiatives
This joint solution is designed to assist CIOs and IT leaders in crucial organizational initiatives, such as system modernization and process consolidation. The digital twin created by Celonis can incorporate the context of how processes and systems align with company strategy, enabling IT leaders to make informed decisions regarding business transformation.
Erik Bakstad, CEO and Co-founder of Ardoq, acknowledged the difficulties CIOs encounter in quantifying the business impact of technology investments. He stated that the new solution allows CIOs to see in real-time how their transformation efforts contribute to long-term organizational goals.
Customer Perspectives
Jeroen Akkermans, Head of Digital Innovation & Enterprise Architecture at DSM-Firmenich, expressed enthusiasm for the collaboration, noting that it promises to deliver transformative solutions that align IT and business objectives more closely. He highlighted the potential for data-driven decisions based on a more comprehensive data foundation, which could significantly impact business success.
In summary, the partnership between Celonis and Ardoq marks a significant step forward in empowering CIOs with the tools they need to navigate the complexities of modern business environments, ultimately driving greater operational control and strategic alignment.
Sources
Celonis & Ardoq join forces to boost CIO operational control, ChannelLife Australia.
Celonis & Ardoq join forces to boost CIO operational control, IT Brief Asia.
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