- SAP SE (NYSE: SAP) and Signavio GmbH recently announced that SAP has entered into an agreement to acquire Signavio. Details about the deal.
SAP SE (NYSE: SAP) and Signavio GmbH recently announced that SAP has entered into an agreement to acquire Signavio, a leader in the enterprise business process intelligence and process management space. Merging 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. And the transaction is expected to close in the first quarter of 2021, subject to regulatory approval.
Business Process Intelligence is a key part of SAP’s new offering, the RISE with SAP package. And the offering helps companies perform a holistic business transformation that makes them resilient, agile, and intelligent. Plus 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. And 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.
This includes business process design, benchmarking, gap analysis, improvement, and process change management. And the suite will also allow customers to monitor the long-run success of these process changes.
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. And it will also provide tools to fully understand and transform the processes.
SAP and Signavio agreed not to disclose the deal terms or other financial details of this transaction.
KEY QUOTES:
“In today’s dynamic world, companies of all sizes need the ability to rapidly adapt their business processes to fast-changing market conditions. 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.”
— Luka Mucic, chief financial officer and member of the Executive Board of SAP SE
“Signavio’s capabilities in making business processes intelligent are highly complementary with our own. 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.”
— Rouven Morato, general manager, Business Process Intelligence, SAP
“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.”
— Dr. Gero Decker, co-founder and CEO, Signavio
