silonesIt has had a tremendous impact since its inception in 2011, raising $2.4 million along the way. her latest investment, $1 billion increase in AugustThe company was later valued at 13.2 billion dollars. This is a lot of money. I didn’t see it in 2022.
The company’s reputation has been built mainly by using software to analyze operations, understand how work flows through the business, and find ways to improve efficiency. It has so far done well documenting one process at the time.
But today, silosphereHe announced a major breakthrough at the company’s annual customer conference: Process Sphere, a new product that transforms the product’s single process into complex multi-section operations.
Alex Rinke is the CEO and cofounder of the company. He says that the new approach enhances the mining experience throughout the entire process.
“We always talk about one single process like audits, invoices or purchases, whatever the process is. We said, “How can this be reinvented and taken to the next level?” We created a new processing technology that is revolutionary. It allows you to see multiple processes at once. Oftentimes there is friction between your selling process, your shipping process, and your billing process. [and this allows you to see all that in a single view]TechCrunch was informed by Rink
They have created a visually compelling interface to display the various process. It’s very similar in appearance to a subwaymap, but instead showing switch stations, it shows points as you move to a second or further operation.
“We call it a subway map, and every process looks like a subway line, and as you look at your work subway map, you can zoom in and out and just look at specific lines. It’s an extremely powerful engine and we’ve made it easy to use.
He said, “It allows you to understand what happens in an whole business at the intersections of many business processes.”
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