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Signavio, SAP to Bolster Intelligent Business Process Management

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In a recent study, the global business process management (BPM) market is expected to register substantial growth at a CAGR of around 10{8bf2b29f36318f0ac46ab1cc03d7035abce669a1cea16c9ed62389a818fa22fd} during 2020-2025. This projection sets up a demand for intelligent business process management solutions to help organisations manage and optimise process modeling, automation, control, and execution of the business flow while aligning operational tasks with organisational goals. 

In today’s fast-evolving business landscape– from new disruptive business models to ever-changing customer demographics– many organisations are harnessing the power of intelligent digital technologies to help them adapt and thrive. SAP’s latest announcement of entering an agreement to acquire Business Process Management (BPM) specialist Signavio could not have happened at a more opportune time when organisations are in great need of process automation, enhanced efficiency, and improved ROI.

SAP CEO Christian Klein’s said in his LinkedIn post:

“So excited to announce SAP‘s plans to acquire Signavio. Together we will have the world’s most comprehensive Business Process Intelligence offering! This will make a critical difference for our customers to innovate better in an ever-changing world.”

SAP Chief Financial Officer Luka Mucic and member of the Executive Board  Luka Mucic emphasised how SAP and Signavio can bring significant change to businesses today. He said:

“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,” he explained.

Strengthening Intelligent Business Process Management

Signavio will bring to SAP its expertise in enterprise business process intelligence (BPI) and process management to further SAP’s capabilities in delivering end-to-end solutions to customers. With Signavio’s integrated cloud-native process management suite complementing SAP’s existing BPI portfolio, customers can expect a holistic suite of flexible process transformation solutions to help them transform and monitor their business processes at a scale– including business process design, benchmarking, gap analysis, improvement and process change management.

The integration of SAP and Signavio BPI solutions will give customers a 360-degree view of daily business processes through standardised process KPIs, broad benchmarking data, process mining, user behavior mining, and customer experience analysis.

Detailing more about Signavio’s capabilities in making business processes intelligent, Rouven Morato, General Manager, Business Process Intelligence at SAP, shared:

“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.”

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,” Dr. Decker stressed.

Aside from the expected closing date of the transaction in Q1 of 2021, no further details were disclosed about the agreement to acquire Signavio, which had raised a $250M funding in 2019 for global expansion.

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