Celonis, the German process mining company, with 16 offices worldwide, is gearing to expand operations in India, where it presently has a 50-strong staff.
The SaaS company is all set to invest $100 million in its expansion process, which will include hiring of about 1,000 people by 2023. Globally, the Company has about 2,000 employees.
The Company has managed to raise US$ 1 billion through a series D round at a valuation of over US$ 11 billion.
Founded in 2011, Celonis intends to establish a global centre of excellence in India.
The Munich and New York-headquartered company, which makes data-processing software, plans to collaborate with various IT majors. It is already partnering with HCL, IBM, KPMG, Wipro, TCS, Infosys, Cognizant, Deloitte, EY, Firstsource, Tech Mahindra and others.
Various IT consultants in the country will be able to use the Celonis platform free of cost. They will only have to pay to the providers of cloud storage. However, once the Celonis platform is installed at an organisation, the end-customer will be required to pay for the licensing and other expenses.
The process mining core of Celonis helps organisations in data execution. The Celonis Execution Management System offers various applications, a developer studio and platform capabilities for business executives and users to get rid of corporate inefficiencies, ensure better customer experience and bring down carbon emissions.