SAP to Acquire Business Process Intelligence Company Signavio
SAP SE, and Signavio GmbH today announced that SAP has entered into an agreement to acquire Signavio, a leader in the enterprise business process intelligence and process management space. 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 transaction is expected to close in the first quarter of 2021, subject to regulatory approval.
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“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.”
Business Process Intelligence is a key part of SAP’s new offering, the RISE with SAP package. The offering helps companies perform a holistic business transformation that makes them resilient, agile and intelligent. It includes support for an accelerated move of core ERP processes to the cloud.
Signavio’s integrated cloud-native process management suite perfectly complements existing business process intelligence software from SAP. With the addition of Signavio, SAP can now provide a holistic suite of flexible process transformation solutions for customers to transform their business processes end to end. That includes business process design, benchmarking, gap analysis, improvement and process change management. The suite will also allow customers to monitor the long-run success of these process changes.
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“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.
“By joining SAP, we tap into the broadest business application software portfolio in the market, running the processes of the world,” said Dr. Gero Decker, Co-founder and CEO, Signavio. “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.”
SAP and Signavio agreed not to disclose the purchase price or other financial details of this transaction.
