Waldorf and Berlin Germany – SAP SE (NYSE: SAP) has agreed to acquire Signavio GMBH, a leading business process management and intelligence company to expand its capabilities across the entire landscape of process management. Signavio, founded in 2009, began as a project by four students of the Hasso Plattner Institute to create a web-based process management product in 2006. After the company formed in 2009, it became the world’s first fully web-based BPM software product.
Today, Signavio has more than 1,000 enterprise customers across multiple industry sectors including Puma, Siemens, Liberty Mutual, DHL and Hugo Boss. Its products include the Signavio Business Transformation Suite which includes modules Signavio Process Manager, Signavio Process Intelligence, and the Signavio Workflow Accelerator all controlled through the Signavio Collaboration Hub.
“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.”
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.
For more information, please visit the SAP News Center. Follow SAP on Twitter at @SAPNews.