Celonis launches the context model and acquires Ikigai Labs

Celonis has launched the Context Model (CCM) and signed an agreement to acquire Ikigai Labs, a company specializing in artificial intelligence. The Context Model aims to address challenges organizations face in understanding business operations, thereby enhancing returns on AI investments. It provides vital operational clarity that enables AI to make reliable and effective decisions. Celonis integrates operational data and business knowledge from all systems and applications, allowing AI to function reliably.