Process mining technology provider Minit has been acquired by Microsoft, for an undisclosed amount with the aim to enhance its automation capabilities. Microsoft hopes that the deal will empower them in helping their customers in the process of the digital transformation process. The deal will also enable them to discover hidden business opportunities and enhances their operational efficiency. Microsoft has entered the field of process mining with the introduction of new features in its Power Automate and the acquisition of robotic process automation (RPA) software provider, Softomotive.
“Minit currently enables businesses to transform the way they analyze, monitor and optimize their processes. Minit’s solutions have helped businesses gain deep insights into how processes run, uncover root causes of operational challenges and help mitigate undesired process outcomes. [With Minit, our] customers will be able to better understand their process data, uncover what operations look like in reality, and drive process standardization and improvement across the entire organization to ensure compliance at every step.” Justin Graham, Microsoft’s general manager of process insights, wrote in a post on Microsoft’s corporate blog.
Businesses can revolutionize the way they analyze, monitor, and optimize their business process using the services from Minit. Deep insights relating to the business process, the major causes of business challenges, and unfavorable process outcomes can be reduced by leveraging Minit’s solutions.
Microsoft will be able to provide digital transformation to their customers and enhance operational excellence by delivering a clear image of their business process. The acquisition will also enable them to simply and automatically analyze and optimize each one. A better understanding of their process data will be provided to the clients and will be able to discover how operations actually work and drive process standardization and improvement throughout the whole organization.