Wangfanxin

About Wangfanxin

Shanghai Wangfanxin Technology Co., Ltd., operating as Prothentic, is a technology firm specializing in big data process intelligence. Established in 2019, the company is dedicated to empowering enterprises with self-consulting capabilities through process mining, aiming to simplify and enhance the efficiency of their operational workflows. Prothentic was founded by a team of seasoned experts, including CEO Qiang Suo, a veteran in the process mining field with a Master's in Computer Science from Leibniz University Hannover and experience at UiPath and Process Gold. COO Tianyu Yu holds dual master's degrees from Brown University and Johnson & Wales University, with a background at SAP and Cisco. CTO Jinfeng Li is a big data and AI specialist with a Ph.D. from the University of Technology of Troyes and a history at IBM China Research Laboratory.

The company's core offering is the "Digital Polaris" platform, a process intelligence system developed in-house. This platform utilizes process mining technology to provide a comprehensive, 360-degree view of a company's business operations. Its key products include tools for process mining, a command center for real-time monitoring, and a system for managing process assets. The technology is designed to analyze event logs from corporate IT systems to discover, monitor, and improve actual business processes. It addresses challenges such as discrepancies between designed and executed processes, misalignment between systems and workflows, and the lack of tools for continuous process iteration. Prothentic's platform provides end-to-end process visualization, identifies bottlenecks and inefficiencies using proprietary algorithms, and enables real-time monitoring and operational management. One of its notable features is the independently developed Process Query Language (PQL), which supports complex process analysis.

Prothentic operates on a B2B model, providing its software, consulting, and training services to large and medium-sized enterprises across various sectors, including retail, high-technology, and manufacturing. It has secured significant venture capital backing, raising $14.9 million in a Series A1 round in July 2022 from investors like B Capital Group, Kunlun Capital, GL Ventures, and Tencent Investment. This funding is directed towards research and development and market expansion. The company has established collaborations with nearly 20 major companies, such as Porsche China and Deutsche Bank China, demonstrating measurable success in reducing workflow processing times and standardizing process paths for its clients.