Company Research Report: ProcessMaker
Company Overview
Name
ProcessMaker
Mission of the Company
Empower ChangeMakers to simplify the way custom business processes are built and run.
When Was the Company Founded and By Whom
No information is available.
Key People in the Company
- Alex George: CEO
- Brian S. Reale: Founder
- Adolfo Lang: General Manager & Vice President of Operations
- Frank Davis: Chief Revenue Officer
- Terry Fortescue: Chief Marketing Officer
- Drew Wilkinson: Senior Vice President of Customer Success
- Luke Molnar: Senior Vice President of Engineering
- Enrique Ponce De Leon: Vice President of Technology
- Krishna Vallabhaneni: Vice President of Finance
- Jose Maldonado: Vice President of Product
Headquarters
No information is available.
Number of Employees
No information is available.
Revenue of the Company
No information is available.
What is the Company Known For
ProcessMaker is known for its business process automation (BPA) and workflow software solution. It allows users to design, run, report, and improve business processes. The company integrates Artificial Intelligence (AI) and Natural Language Processing (NLP) to automate workflows without code, offering advanced tools for developers and business users alike.
Products
Business Process Automation (BPA) Platform
- Description: An enterprise-grade platform aimed at automating workflows across different business processes.
- Key Features:
- Unlimited design possibilities with drag-and-drop design studios
- Business & process analytics
- Generative AI for streamlined process design
- AI agents for automating everyday tasks
Intelligent Document Processing (IDP)
- Description: Utilizes AI to process data from various documents.
- Key Features:
- Intelligent OCR with up to 99% accuracy
- Extensive document handling
- Natural Language Processing (NLP) & data enrichment
- Integration with ProcessMaker for automated workflows
Process Intelligence (PI)
- Description: Provides visibility into business operations and leverages data for automation.
- Key Features:
- Real-time data collection and analysis
- Data-backed insights engine
- Privacy-first model
- Hybrid process and task mining
Recent Developments
New Products Launched
- Generative AI-based Automation Platform: Introduced in the Spring 2023 release, featuring FlowGenie, A/B Testing, Image to Process, Smart Inbox, and more.
New Features Added to Existing Products
- Summer 2024 Release:
- New capabilities for process automation
- Enhanced integration with other platforms
- User-driven enhancements
Recent Partnerships
- Partnership with Lucid Software: Integration with Lucidchart for enhanced visual diagramming and business process automation.
Industry Recognition
- 2024 Stevie® Awards for Excellence in Education Technology: Gold for ‘Best Product of the Year’ and Silver for ‘Breakthrough Technology of the Year’.
- 2024 SIIA CODiE Award: Winner in the Best Generative AI Solution for Business category.
- G2 Crowd: High performer and leader in various categories including Business Process Management (BPM) and Digital Process Automation (DPA).
Conclusion
ProcessMaker has positioned itself as a significant player in the business process automation space by continuously innovating and expanding its product capabilities. With a focus on leveraging AI and partnerships, the company aims to provide industry-leading solutions that enhance efficiency and productivity across various sectors.
