QPR’S PROCESS MINING TECHNOLOGY HAS RECEIVED A SECOND PATENT BY THE U.S. PATENT AND TRADEMARK OFFICE


QPR SOFTWARE PLC      STOCK EXCHANGE RELEASE 10 MAY, 2016  AT 8:45 A.M.

QPR Software has received additional intellectual property protection for its process mining technology. This is already the second patent that the United States Patent and Trademark Office has awarded for the technology in question. The patented technology is utilized in QPR ProcessAnalyzer, an application developed by QPR.

QPR’s previous patent from 2015 related to the utilization of event instance data obtained from information management systems to help organizations analyze and improve their business processes. The latest patent now safeguards the technology behind predicting the probability of future events based on process analysis. Both patents offer protection for QPR’s Process Intelligence business consisting of consulting services and software sales, either directly from QPR or through resellers and OEM partners.

”QPR ProcessAnalyzer has a unique capability of forecasting the flow and outcome of each ongoing process instance. Thanks to this cutting edge technology, organizations can prevent unwanted outcomes by intercepting the process flow before adverse events take place”, says Jari Jaakkola, CEO of QPR Software.

QPR ProcessAnalyzer generates process flowcharts automatically from event instance data extracted from third party IT systems to get insight to real-life process behavior. QPR has been developing the technology since 2009 and launched the QPR ProcessAnalyzer in 2011. To get to the results faster, the software comes with ready-made connectors to the most common IT systems such as SAP, Oracle, Salesforce, Epicor, ServiceNow, Infor M3 and Microsoft SQL Server.

Thanks to this technology, business executives and process developers can effectively target operational inefficiencies, such as process variations and bottlenecks, for significant cost savings. QPR customers across industries have already used the technology with great success in optimizing their production, logistics, sales and customer service related processes.

“The global, automated process analysis market is a new, rapidly growing market. These patents strengthen our position as the leading solution provider. They are recognitions of our innovativeness and profound know-how in process intelligence. We believe that these patents will create an even stronger base for us to continue delivering value for both our customers and partners”, says Matti Erkheikki, Senior Vice President of QPR’s Process Intelligence business, and continues: “the previous patent already positively impacted our effort in building a global partner network. Owing to this, we announced several new partnerships over the past year.”

In line with QPR’s strategy and vision, QPR Software will continue to invest in innovation and its active protection.

About QPR Software

QPR Software Plc (Nasdaq Helsinki) provides solutions for strategy execution, performance and process management, process mining and enterprise architecture in over 50 countries. Users of QPR Software gain the insight they need for informed decisions that make a difference. With 25 years of experience, 2 000 customers and over a million licenses sold, QPR’s products are highly regarded by industry analysts and customers alike.

Dare to improve. www.qpr.com

For more information on QPR Software, please contact:

Mr. Matti Erkheikki, SVP, Process Intelligence business
Tel. + 358 40 717 2570
email: matti.erkheikki(at)qpr.com

For more information about QPR ProcessAnalyzer, please visit:

www.qpr.com/products/qpr-processanalyzer

The leading information technology research and advisory company, Gartner Inc., has recognized QPR ProcessAnalyzer in its three latest Hype Cycle for Business Process Management and in the two latest Enterprise Business Process Analysis reports.

For additional information on how process mining delivers true process insight, please visit:
www.qpr.com/solutions/process-mining