SAP Enters Agreement to Acquire Signavio
Blog: Solutions Review - Business Process Management
SAP and Signavio recently announced that SAP has entered into an agreement to acquire Signavio. Combining the Business Process Intelligence unit of SAP with Signavio will strengthen SAP’s capacity to help organizations understand, improve, transform, and manage their business processes at scale. The acquisition is expected to close in the first quarter of 2021, subject to regulatory approval.
Berlin-based Signavio GmbH is a leading provider of BPM solutions, offering an integrated software solution allowing you to model, analyze, optimize, and execute business processes and decisions in one platform. The cloud-based Signavio Business Transformation Suite is a smarter way to continuously translate between strategy and execution. The suite comes complete with the Signavio Collaboration Hub, a central point of contact for staff to secure collaborative knowledge, connect, and communicate. Signavio offers a dynamic BPM system that helps you quickly realign your organization and bring changes to life immediately.
Signavio’s integrated cloud-native process management portfolio complements the existing business process intelligence software from SAP. With the addition of Signavio, SAP is enabled to deliver a holistic suite of flexible process transformation solutions for users to transform their business processes end to end. These solutions include business process design, benchmarking, gap analysis, improvement, and process change management. Additionally, the suite will enable users to monitor the long-term success of these process changes.
In a press statement, Dr. Gero Decker, Co-founder and CEO of Signavio said, “by joining SAP, we tap into the broadest business application software portfolio in the market, running the processes of the world. Considering the positioning of SAP, its geographical coverage and financial muscle, SAP is the biggest and best platform to bring process intelligence to every organization. For us, it’s a massive jump start and a major opportunity to help SAP become a key player in the business process management and intelligence space.”
Together, SAP and Signavio will provide standardized process KPIs, broad benchmarking data, process mining, user behavior mining, and customer experience analysis to give users a complete view of every business process.
To learn more about Signavio, click here.