Everyone knows what data mining is, but the term "process mining" may be new to some. According to Gartner, process mining is a methodology used to discover, monitor and improve processes that already ...

Traditional process mining techniques are focused on a single process in the context of a single object. For example, you can look at how a sales order (the object) moves through an organization to ...

Business Process Management (BPM) encompasses the systematic analysis, design, execution, monitoring and optimisation of organisational processes. It provides a framework that guides continuous ...

Across enterprises, no business process -- purchase to pay, order to cash, customer service, supply chain, IT service management -- always works exactly as planned. Gaps arise either due to changes to ...

Predictive analytics enables you to develop mathematical models to help you better understand the variables driving success. Predictive analytics relies on formulas that compare past successes and ...

The second step in data mining process is the application of various modeling techniques. These are used to calibrate the parameters to optimal values. Techniques employed largely depend on analytic ...