SAP acquires Business Process Intelligence Company
Posted by Eva-Maria Fahrer on 03/02/2021 13:50
Combining Signavio with the Business Process Intelligence unit of SAP will strengthen SAP’s capacity to help companies quickly understand, improve, transform and manage their business processes at scale. The purchase of Signavio is expected to close in the first quarter of 2021, subject to regulatory approval.
“In today’s dynamic world, companies of all sizes need the ability to rapidly adapt their business processes to fast-changing market conditions,” said Luka Mucic, chief financial officer and member of the Executive Board of SAP SE. “I cannot overstress the importance for companies to be able to design, benchmark, improve and transform business processes across the enterprise to support new capabilities and business models. The combination of business process intelligence from SAP and Signavio creates a leading end-to-end business process transformation suite to help our customers achieve the requirements needed to gain a competitive edge. SAP and Signavio are a great cultural fit and share the same values, and we are excited about joining forces with them to deliver on our Intelligent Enterprise strategy.” See video with Luka Mucic, chief financial officer and member of the Executive Board of SAP SE here Please accept to wait a little, the session loads into the webpage.
“Signavio’s capabilities in making business processes intelligent are highly complementary with our own,” said Rouven Morato, general manager, Business Process Intelligence, SAP. “While we are providing insights using our deep understanding of business processes running in our applications and based on that can provide unmatched benchmarking capabilities, Signavio’s approach to transformation is process model–centric. Signavio’s process modeling and management functionalities, and its process governance and collaboration solution, are among the market leaders in the industry and are the missing component for providing our customers an end-to-end process transformation suite.”
The combination of SAP and Signavio will bring together standardized process KPIs, broad benchmarking data, process mining, user behavior mining and customer experience analysis to give customers a 360-degree view of every business process. It will also provide tools to fully understand and transform the processes.
Published by EM Fahrer, based on the keynote presentation by Christian Klein in the RISE WITH SAP conference