QPR SOFTWARE PLC PRESS RELEASE 16 May 2024 at 10 a.m. EET
QPR Software Plc, a pioneer in process mining since 2010, proudly announces its recognition as a Visionary in the Gartner Magic Quadrant for Process Mining Platforms for the second time since the category's inception last year.
According to Gartner, “Visionaries are the innovators driving the market forward by responding to emerging, leading-edge customer demands and by offering new opportunities to excel. Typically, these vendors appeal to leading-edge customers and may even have minimal mainstream presence or name recognition within this market. Their ability to deliver sustained and dependable execution in the mainstream enterprise market is not sufficiently tested or has not yet reached the required level of awareness.”
QPR Software stands out with its globally unique process mining tool seamlessly integrated with the Snowflake Data Cloud, providing users direct real-time access to data and addressing issues of performance, scalability, and data security by bringing use cases and related workloads directly to where the data is stored.
Additionally, QPR views the digital twin of an organization (DTO) use case as aligning and integrating process mining with modeling and revolutionizing the traditional modeling market. Enabled by process mining technology, modeling as part of a DTO will become a data-augmented and AI-assisted discipline that supports QPR’s customers digitalization and related transformation initiatives.
“At QPR, we help our customers unlock hidden value, empower their teams with actionable insights, and enhance efficiency with the help of Artificial Intelligence. We're expanding our use of generative AI from crafting synthetic event log data into next generation business process simulation and scenario planning. This aims to broaden the use cases for process mining and increasing the potential customer value," explains Matti Erkheikki, Chief Product Officer at QPR Software."
Heikki Veijola, CEO of QPR Software, expressed his pride in the company's recognition:
"We believe that being recognized as a Visionary in Gartner's Magic Quadrant for Process Mining Platforms for the second time is evidence of QPR's commitment to innovation and excellence. We're proud to lead the change in responding to emerging customer demands and offering opportunities for our clients to excel. Our process mining software, QPR ProcessAnalyzer’s, seamless integration with the Snowflake Data Cloud and our dedication to revolutionizing the process mining market reaffirm our position as a leader in driving innovation and delivering value to our customers."
Notes to editors
The 2024 Gartner Magic Quadrant on Process Mining Platforms is available at www.gartner.com
Find more information on QPR ProcessAnalyzer Powered by Snowflake: https://www.qpr.com/process-mining-powered-by-snowflake
Gartner, Magic Quadrant for Process Mining Platforms, Marc Kerremans, David Sudgen, Nick Duffy, 29 April 2024
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For further information:
Heikki Veijola
Chief Executive Officer
QPR Software Plc
Tel. +358 40 922 6029
QPR Software in Brief
QPR Software (Nasdaq Helsinki) is a leading player in the Digital Twin of an Organization (DTO) use case and one of the most advanced process mining software companies in the world. The company innovates, develops, and delivers software for analyzing, monitoring, and modeling organizational operations. Additionally, QPR provides consulting services to ensure its customers derive full benefits from the software and associated methodologies.
www.qpr.com
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