The Munich-based company Celonis is renting space in One World Trade Center. According to media reports, the data analytics unicorn has secured an entire floor in the New York landmark.
As the New York Post reported, includes the Celonis The leased 86th floor has 34,328 square feet—equivalent to 3,189 square meters. According to the New York Post, the building's annual rent is $915 per square meter. However, it is unknown what Celonis is actually paying for its offices in the world's sixth-tallest building. Celonis's New York office is currently located in Midtown Manhattan.
Celonis more than doubled sales in 2019
Celonis should be able to easily generate the necessary cash for the rent from its ongoing business. The company has been profitable since its founding in 2011. Data analysts announced revenue of over $100 million for 2018. Last year, Celonis again increased its revenue in the form of annual recurring income by 130 percent. This would put the company's revenue last year at over €200 million.
According to the company, it was once again able to acquire hundreds of new customers from various industries and regions, while also further expanding its engagement with existing customers. New customers acquired in 2019 include E.ON, Linde, ADAC, Media Markt Saturn, Deutsche Bank, Ferrero, Porsche, and Anheuser Busch Inbev.
Alex Rinke, co-founder and co-CEO of Celonis, explains the technology behind his company:
"Process mining delivers significant value by helping companies uncover inefficiencies, identify real-time process improvement measures, and continuously monitor them. This helps organizations achieve optimal results and improve customer satisfaction."
