Microsoft acquires process-mining vendor Minit2022-03-31 18:49 by Daniela
Tags: Microsoft, Minit
Signaling its ambitions in the process automation market, Microsoft has acquired Minit, a Bratislava, Slovakia-originated process mining technology vendor, the companies announced today. Microsoft says that the purchase will "further empower" it to "help customers digitally transform" by creating a more complete picture of their processes - and identifying which of those processes are ripe for automation.
Minit provides a process mining platform that helps companies understand how workers carry out business tasks. A retailer, for example, could use the platform to map out how the supply chain team orders new merchandise from suppliers. Minit might determine that the supply chain team usually carries out the task in five steps, each of which takes an average of 20 minutes to complete.
Financial terms of Microsoft's Minit acquisition were not disclosed. The company will be part of the Microsoft Process Insights team, reporting to Justin Graham, Microsoft GM of Process Insights.
Microsoft's deal comes two days after data processing company Celonis acquired Process Analytics Factory, a competitor to Minit that integrates with Microsoft's Power BI data analytics and visualization platform.
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