The ERP Minute Episode 53 - August 30, 2022

Celonis, a Process Mining and Execution Management Software provider, secured $1 billion in financing, part of which was a $500M line of credit, the largest syndicated bank recurring revenue revolving credit facility of its kind. Such investments cement the confidence that investors have in enterprise software vendors achieving monumental automation improvements for all companies. Related, our prediction is in ten years that automation solution spending will more than double today’s lev...