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function visibility , as well as blend multiple datasets , augmenting process intelligence which was traditionally more focused on impact on individual business functions . Digital twins enable scenario modelling and planning , as well as stress-testing and simulations – allowing for better futureplanning and addressing uncertainties .
“ Process mining provides unparalleled visibility into how a business runs ,
uncovering value opportunities hidden by complexity within and across processes ,” said Prof . Dr Wil van der Aalst , Chief Scientist at Celonis . “ Process mining , particularly object-centric process mining , is foundational for analysing a digital twin . With digital twins building on OCPM , teams can analyse multiple processes simultaneously . Digital twins can effectively be used to enable quick wins , advanced simulation and expert decision-making , and – in an uncertain macroeconomic climate – help organisations to look forward and prepare for any kinds of uncertainties through a digital command centre .”
New horizons : External exchanges
According to the study , the potential for external collaboration with shared process data exchanges is on the horizon for ambitious businesses that want to seek entirely new sources of value . An example of this might be a CPG company or a retailer exchanging inventory and payment data for mutual decision-making and action-taking benefits – in other words , looking for new sources of value through data exchanges . p
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