ReVIVE has a B2B Enterprise SW Platform for Process Intelligence, that competes in the traditional Process Mining Space (like Celonis & others) w/ functionality the traditional Process Miners have never been able to deliver and has kept them out of some of the largest Fortune 500/1000 sized accounts
The way to think about Process Mining & Process Intelligence, if you think about PowerBI & Tableau, those are Data Visualization & Data Analytics platforms, Process Mining & Process Intelligence are Process Visualization & Process Analytics, seeing the business process relationships in the data.
At a large Fortune50 ($100bill+) customer, in a 6month business window of data, our platform discovered actionable sources of $14bill in delayed revenues where the customer lacked full & detailed (actionable) visibility.
- In a head to head, this was not only invisible to our largest competitor, after a year of trying and racking up a million or two of sys integrator standup fees, they were thrown out.
- We completed the task in less than a month with a standard $25k PoC.
The business model is the standard annual software license. Unlike some of the Process Mining players who are cloud only, we are cloud agnostic and can operate in the customer's on prem data center as well or in hybrid including multiple clouds & on prem.
We are a Microsoft Co-Sell Partner, meaning we have access to Microsoft's Industry Solutions Teams and Customer Account teams. As we close a deal & use case at a customer (just to use as an example Ford) we can then go to the Automotive Industry Solutions team to replicate at other automakers (like GM, BMW, Toyota, etc). We can do this across any industry. This is the 4th company Bill Cockerill has taken to Microsoft Partnership, as such he's extremely well connected into Microsoft.
NTT DATA is also a partner, and others are coming on.
Current paying customers include McKesson, Mitre, Apria, and others.