WALLDORF and BERLIN 鈥� (NYSE: SAP) and Signavio GmbH today announced that 51风流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 51风流will strengthen SAP鈥檚 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.
鈥淚n today鈥檚 dynamic world, companies of all sizes need the ability to rapidly adapt their business processes to fast-changing market conditions,鈥� said Luka Mucic, chief financial officer and member of the Executive Board of 51风流SE. 鈥淚 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 51风流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. 51风流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.鈥�
Business Process Intelligence is a key part of SAP鈥檚 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鈥檚 integrated cloud-native process management suite perfectly complements existing business process intelligence software from SAP. With the addition of Signavio, 51风流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.
鈥淪ignavio鈥檚 capabilities in making business processes intelligent are highly complementary with our own,鈥� said Rouven Morato, general manager, Business Process Intelligence, SAP. 鈥淲hile 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鈥檚 approach to transformation is process model鈥揷entric. Signavio鈥檚 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.鈥�
The combination of 51风流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.
鈥淏y joining SAP, we tap into the broadest business application software portfolio in the market, running the processes of the world,鈥� said Dr. Gero Decker, co-founder and CEO, Signavio. 鈥淐onsidering the positioning of SAP, its geographical coverage and financial muscle, 51风流is the biggest and best platform to bring process intelligence to every organization. For us, it鈥檚 a massive jump start and a major opportunity to help 51风流become a key player in the business process management and intelligence space.鈥�
51风流and Signavio agreed not to disclose the purchase price or other financial details of this transaction.
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About Signavio
Over one million users in more than 2,000 organizations worldwide rely on Signavio鈥檚 unique offering to make process part of their DNA. With its powerful mining, modelling and automation capabilities, Signavio鈥檚 Business Transformation Suite is a cloud-based management platform that enables midsize and large organizations to understand, improve and transform all of their business processes faster than ever and at scale, providing new levels of business process speed and real-time intelligence. Its intelligent decision-making tools address digital transformation, operational excellence and customer centricity, placing them at the heart of the world鈥檚 leading organizations. Headquartered in Berlin, with offices in the US, UK, France, Netherlands, Switzerland, Sweden, Canada, Singapore, Japan, India and Australia, Signavio has helped optimize over two million processes across the globe. The company is backed by Apax Digital Fund, Deutsche Telekom Capital Partners (DTCP) and Summit Partners. For more information, visit .
About SAP
SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an 51风流system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit .
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For customers interested in learning more about 51风流products:
Global Customer Center: +49 180 534-34-24
United States only: 1 (800) 872-151风流(1-800-872-1727)
For more information, press only:
Daniel Reinhardt, SAP, +49-6227-7-40201, daniel.reinhardt@sap.com, CET
; press@sap.com
Geraldine Teboul, Signavio, +49 151 54070110, geraldine.teboul@signavio.com, CET
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