SAP SE and Signavio GmbH announced that SAP has entered into an agreement to acquire Signavio, a provider 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.
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 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.
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.
SAP and Signavio agreed not to disclose the purchase price or other financial details of this transaction.