Time Capsule — Lalit Wangikar at Process Mining Camp 2013
To celebrate our brand-new home for camp talks we are starting to release the talks from Process Mining Camp 2013 and 2014 for the first time. Grab a snack, sit back, and enjoy the journey through time, back to the early stages of our process mining community from seven years ago!
Lalit Wangikar at CKM Advisors: Process Mining and Data Science in the Financial Industry (United States)
Lalit Wangikar, a partner at CKM Advisors, is an experienced strategic consultant and analytics expert. He started looking for data driven ways of conducting process discovery workshops. When he read about process mining the first time around, about 2 years ago, the first feeling was: “I wish I knew of this while doing the last several projects!”.
Interviews are subject to all the whims human recollection is subject to: specifically, recency, simplification and self preservation. Interview-based process discovery, therefore, leaves out a lot of “outliers” that usually end up being one of the biggest opportunity area. Process mining, in contrast, provides an unbiased, fact-based, and a very comprehensive understanding of actual process execution.