SAP SE has completed the acquisition of Signavio, a leader in the enterprise business process intelligence and process management space.
Signavio’s products become part of SAP’s business process intelligence portfolio and complement SAP’s holistic process transformation portfolio.
“With Signavio now an official part of our Business Process Intelligence unit, we can help companies quickly understand, improve, transform and manage their business processes at scale,” said Rouven Morato, general manager, Business Process Intelligence, SAP. “SAP now is a leading player in this market and our customers will benefit from a cutting-edge end-to-end business process transformation suite.”
Now 48 years and more than 400,000 customers stronger, more than ever, SAP is fueled by the pioneering spirit that inspired its founders to continually transform the IT industry.
Signavio was born out of an obvious need for a more collaborative and accessible approach to process management. Four students at the Hasso Plattner Institute in Potsdam, Germany saw that process management was either non existent or completely unmanageable for many companies—there was no way to share knowledge between employees or departments.
And while there might be theoretical or academic ways to study and implement process management, businesses weren’t benefitting from it because it didn’t exist in any sort of accessible platform, such as a software solution.
The students wanted to address this issue and what started out as a research project to create a modeling tool with collaborative functions turned into a prototype for the Signavio software that appeared in 2006. After the tool was refined, Signavio was founded in 2009 and introduced the first completely web-based collaborative BPM software.