The Munich-based company claims to be the global market leader in the field of execution management and Germany's most valuable startup since JuneWith Celonis Labs, the software startup aims to remain innovative in the future. A press release states that the new innovation center "is intended to drive and accelerate the development of disruptive technologies by giving researchers and developers generous freedom to think about the 'art of the possible.'" The goal is to "experiment with new ideas and emerging technologies such as artificial intelligence, augmented reality, and virtual reality." This is intended to influence how companies work in the future. The time horizon for the results to take effect is stated as "10, 50, or even 100 years."
Former SAP executive heads Celonis Labs
The management of Celonis Labs is Eugenio Cassiano, who worked as Global Head Solution Management at SAP until joining Celonis.
"My primary goal is to increase the added value that Celonis offers its customers by a factor of 10. This means that we not only want to think 10 years into the future, but also drive innovation in execution management ten times faster,"
says Cassiano.
"Using moonshots, experiments, and traditional research and development, we will work to unlock the potential of processes that cause billions of dollars in inefficiencies in companies and actively support process-based transformation toward a more sustainable future."
Cassiano is one of those people who have a real sense for the future because they anticipate trends and drive innovations that will solve the problems of tomorrow, says Alexander Rinke, Co-CEO and co-founder of Celonis.
"It's great to have him on board as the head of Celonis Labs. With his help, we want to ensure we stay ahead of future business execution challenges and develop solutions to address them."
