NEW YORK,, Sept. 17, 2019 /PRNewswire/
-- Genpact (NYSE: G), a global professional services firm
focused on delivering digital transformation, and Celonis, a leader
in enterprise performance acceleration software, today announced a
strategic partnership that will allow enterprises to quickly
identify, transform, and monitor critical business processes in
real time to drive agility, consistency, and uncover new areas of
business value in their operations.
The partnership combines Genpact's digital and process expertise
in a variety of end-to-end services including finance and
accounting, supply chain, sourcing and procurement, financial
crimes and risk management, and insurance underwriting and claims
with Celonis' patented leading-edge process-mining technology.
Process mining allows companies to visualize, monitor, and enhance
their operations, providing clarity on where and how to quickly and
efficiently reengineer processes, and drive more strategic
results.
"The partnership between Genpact and Celonis will revolutionize
how companies digitally transform themselves with faster access to
process improvements, disrupting the status quo on how they run,
optimize, and operate their organizations," said Alison Close, research manager, digital business
operations and analytics services at IDC, a leading industry
analyst firm. "Companies will now have real-time insight into
their business processes to optimize results and predict failure
points before they happen."
The partnership leverages Genpact's expertise from managing
thousands of processes across various industries, and its detailed
metrics and benchmarks from extensive experience running operations
for hundreds of clients. Combined with Celonis' Intelligent
Business Cloud that monitors for continuous improvement and takes
actions with machine learning technology, the partnership is
designed to accelerate companies' digital transformations and
provide more strategic roadmaps that deliver superior outcomes.
"Companies often struggle with how to get a higher return on
their digital transformation investments. It's critical to
determine the best place to start and quickly identify which
processes are ripe for the most impactful improvements,"
said 'Tiger' Tyagarajan, president and chief
executive officer, Genpact. "Genpact and Celonis will provide
technologies and strategies clients need to speed their
transformation journeys to deliver revenue growth, enhance customer
experience, improve regulatory compliance, drive working capital
and cash improvements, lower operating costs, and reduce losses, to
name a few benefits."
The two companies will invest in developing new offerings to
drive more value for clients, with resources that help enterprises
better understand and monitor processes in real-time with
predictive capabilities.
"Genpact's successful digital transformation strategies help
their clients drive greater business outcomes," said
Alex Rinke, co-founder and
co-chief executive officer, Celonis. "Combining Genpact's
reach, data-driven culture, and rich process and industry expertise
with Celonis' technology will give companies powerful tools and
resources to reimagine their operations, creating better processes
that deliver extraordinary customer experiences."
See Genpact and Celonis websites for more information on the
partnership.
About Celonis
Celonis (www.celonis.com) is the
New York- and Munich-based leader in Enterprise Performance
Acceleration software. Built on the process-mining technology it
pioneered, its Intelligent Business Cloud helps organizations to
rapidly remove operational friction to become a superfluid
enterprise. Companies around the world including Siemens, L'Oreal,
Uber, Citi, Airbus, and Vodafone rely on Celonis to guide action
and drive change to business processes, resulting in millions of
dollars saved and extraordinary customer experiences.
About Genpact
Genpact (NYSE: G) is a global
professional services firm that makes business transformation real.
We drive digital-led innovation and digitally-enabled intelligent
operations for our clients, guided by our experience running
thousands of processes primarily for Global Fortune 500
companies. We think with design, dream in digital, and solve
problems with data and analytics. Combining our expertise in
end-to-end operations and our AI-based platform, Genpact Cora, we
focus on the details – all 90,000+ of us. From New York to
New Delhi and more than 30
countries in between, we connect every dot, reimagine every
process, and reinvent companies' ways of working. We know that
reimagining each step from start to finish creates better business
outcomes. Whatever it is, we'll be there with you – accelerating
digital transformation to create bold, lasting results – because
transformation happens here. Get to know us at Genpact.com and
on LinkedIn, Twitter, YouTube, and Facebook.
Safe Harbor
This press release contains certain
statements concerning Genpact's future expectations,
plans and prospects that constitute forward-looking statements, as
defined in the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. In some cases, you can
identify these statements by forward-looking terms such as
"expect," "anticipate," "intend," "plan," "believe," "could,"
"may," "shall," "will," "would" and variations of such words and
similar expressions, or the negative of such words or similar
expressions. These statements are only predictions based on our
current expectations and projections about future events. These
risks, uncertainties and other factors include but are not limited
to the risks detailed in our reports filed with the U.S.
Securities and Exchange Commission,
including Genpact's Annual Report on Form 10-K. These
filings are available at www.sec.gov. Although Genpact
believes that these forward-looking statements are based on
reasonable assumptions, you are cautioned not to put undue reliance
on these forward-looking statements, which reflect management's
current analysis of future events and should not be relied upon as
representing management's expectations or beliefs as of any date
subsequent to the time they are made. Genpact undertakes no
obligation to update any forward-looking statements that may be
made from time to time by or on behalf of Genpact.
For more
information:
Abby
Burton
Genpact Media
Relations - Global
abby.burton@genpact.com
+1
678-982-5477
|
|
Siya
Belliappa
Genpact Media
Relations - India
siya.belliappa@genpact.com
+91
9823133365
|
Maria
Scurry
Celonis Media
Relations
m.scurry@celonis.com
+1
781-366-7617
|
View original content to download
multimedia:http://www.prnewswire.com/news-releases/genpact-and-celonis-partner-to-provide-process-improvement-roadmaps-that-accelerate-enterprise-digital-transformation-300919509.html
SOURCE Genpact