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signavio.com

Founded Year

2009

Stage

Acquired | Acquired

Total Raised

$229.98M

Valuation

$0000 

About Signavio

Signavio offers a web-based solution for modeling, analyzing, and optimizing business processes and decisions. The company's business transformation suite enables mid-size and large organizations to effectively mine, model, monitor, manage, and maintain their business processes. Its intelligent decision-making tools address digital transformation, operational excellence, and customer-centricity, placing them at the heart of organizations.On January 27th, 2021, Signavio was acquired by SAP. The terms of the transaction were not disclosed.

Signavio Headquarter Location

Kurfürstenstraße 111

Berlin, 10787,

Germany

+49 30 856 21 54-0

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Research containing Signavio

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CB Insights Intelligence Analysts have mentioned Signavio in 1 CB Insights research brief, most recently on Jul 15, 2019.

Expert Collections containing Signavio

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Signavio is included in 2 Expert Collections, including Future Unicorns 2019.

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Latest Signavio News

SAP Sapphire 2022 - an opinionated news review from Orlando

May 11, 2022

. Dyslexia mode Summary: Here in overly-sunny Orlando, SAP Sapphire is well underway. It's time for an opinionated review of three big news stories, bolstered by the on-the-ground hustle for details and use cases. (SAP CEO Christian Klein - day one keynote) SAP Sapphire 2022 Orlando is well underway - but this one is different. We're back on the ground in Orlando for the first time in three years. 7,000 or so attendees is, of course, quite a bit less than Sapphire at its pre-pandemic peak. But this year, Orlando is only the first in a series of regional Sapphire events across the globe , along with a (free) virtual component. Sapphire isn't short on news - beyond one master press release , SAP literally published a Sapphire news guide , with clickable chapters. As I begin this post, we're now one day in. I'm not going to attempt the futile project of reviewing all the news items. Instead, I'll serve up an opinionated review of a few top stories. My focus? Stories where I chased down details that aren't as widely known. Yep, that's the on-the-ground hustle. In no particular order: Sustainability is finally getting product traction Some will recall the awkward keynote of Sapphire 2020 (the first virtual pandemic Sapphire). The sustainability messaging seemed forced, given the virtual audience was grappling with a near-universal pre-occupation with pandemic work disruptions. But this year, unfortunately bolstered by the unconscionable invasion of Ukraine, the desire to move beyond oil and gas dependence has a new urgency. A tight-margin-economy is pushing organizations to care about bottom line savings. The bottom-line-factor was brought up by SAP customer GE Current Tuesday. When I asked, "Is SAP sustainability push relevant to you?" The answer was yes. The reason? Reduced manufacturing expenses. Add in the increase in ESG regulatory requirements , and SAP's sustainability messaging has new relevance. However, it must be fully embedded into product to really hit home. Any company can buy SAP's Sustainability Control Tower, now in General Availability - even if they aren't running any other SAP software. The Control Tower can import a variety of SAP and non-SAP data sources (even Excel files). SAP has a growing list of products with sustainability and diversity tracking tie-ins, from Concur to SuccessFactors to S/4HANA Cloud - including the recently-released SAP Cloud for Sustainable Enterprises . What about SAP customers on older ERP releases? A "green" ledger in S/4HANA ERP will be a welcome add (Christian Klein announced this in his keynote), but if you're running an older ERP release, what does SAP have to offer you? I'd like to see SAP organize sustainability industry alliances that don't even require SAP products to participate in, not unlike their Catena-X initiative for automotive .During an analyst session with SAP Executive Board member Scott Russell, he described an energy customer who put it directly to SAP last year: "If you aren't going to be our carbon register, who will"? BTP isn't going away BTP's long/protracted history has caused some SAP watchers to write BTP off. Time to reconsider. BTP is centrally positioned in SAP's RISE pitch, and in all S/4HANA migration conversations. After a year, RISE with SAP has 2,000+ customers (60% of those customers are net new). One SAP exec told a reporter that BTP is implicated in almost every RISE project (the number I was told was that 80% of RISE projects involve BTP). When you hear SAP leadership talk about transitioning to a "clean core," and phasing out code customization, that doesn't mean the end of customization. BTP is SAP's go-to solution for that - for any need to extend SAP. In one panel session today, SAP's Jan Gilg talked about encouraging a hypothetical SI partner, instead of building one hundred separate customizations, do it one time, and put it on the apps marketplace for all customers. That's a big change; SAP is pushing hard to make it stick. This is a BTP conversation. Historically, SAP has not distinguished itself in terms of its free tier development access to BTP (though this has finally changed, thanks in no small part to a very vocal developer community ). The reality is: SAP is heavily investing in BTP. That includes educational investments via free SAP Learning Hub courses, and BTP educational offerings via ASUG as well. Granted, customers have non-SAP options for integration and extensibility. I still find BTP missing from many innovative SAP customer architectures. But BTP adoption numbers aren't small anymore, with more than 13,000 SAP BTP customers globally. As per SAP CTO and Executive Board Member, SAP has now reached 1 billion Euros in annual recurring revenue for the Business Technology Platform. For the record, I completely agree with SAP's emphasis on a clean core and extending the core apps via BTP - and an apps marketplace. Where I want to see SAP change: support partners to build these apps and get them in front of customers - in particular, give a platform for those ultra-creative smaller partners (and individual developers) who may have design flair and industry expertise, but not necessarily deep pockets for marketing. Put them on stage at Sapphire and TechEd - these upstart solutions are energizing for customers . RISE with SAP is getting a process intelligence infusion For a while now, SAP Signavio has been marketed as a "key component" of RISE with SAP , but you could tell from Klein's keynote: something has changed. The emphasis on process intelligence as core to RISE is increasing. Check this from Klein's keynote: For my own experience working with many customers, a true business transformation will not happen just with a technical IT migration to the cloud. With RISE with SAP, we take you on a transformation journey. No matter in which industry you play, no matter the size of your company, no matter if you are an existing or a new customer to SAP, we're going to tailor your transformation journey exactly to your needs. So let's start the RISE journey with SAP Signavio, our process management and data mining solution. Seeing is believing. What do I mean by that? I observe in so many IT projects, passive business stakeholders, with systems against change, not enough leadership from the top to make the change happen. With SAP Signavio, we are going to benchmark your existing end-to-end landscape against the best practices and data we collected from over 40,000 customers. And these benchmarks will help you to make the case for change. I still have concerns over RISE - it tends to come off as THE solution to any SAP customer problem. This Signavio/process emphasis could reduce my other RISE concern: the hard sell. SAP doesn't want to begin a transformation conversation with an aggressive "hyperscaler management" sales pitch. That rings hollow. Starting with a process analysis conversation is much more open-ended. It provides a sense of shared outcomes, rather than pushing a solution (RISE). Sometimes, it seems like SAP presents the Signavio part of this as an initial consultation. I suppose it can be, but I confirmed this week: to have these process intelligence assessments with SAP, you must have either a RISE or an SAP Signavio license. On multiple occasions, I have encouraged SAP leadership to consider a free "snapshot" version of Signavio, perhaps packaged with a pre-sales workshop or consult, that would give customers/prospects a foothold on their transformation conversation - without having to spend anything. Think that wouldn't generate leads and goodwill? My take Obviously, I left SAP's supply chain and business network news out of this review. That's for another time. Then there is SAP's CX play. I wrote about this right before Sapphire, and I'll return with more after my interviews with SAP CX leadership. SAP's "public cloud" S/4HANA solution is another topic of interest - that holds until my interviews today. I'm glad to see that SAP is emphasizing a hybrid event structure, rather than just streaming keynotes. As for how good that virtual content actually is, stay tuned - we have two diginomica team members scouring it now for content substance. In terms of gripes, I am running out of patience for the SAP catchphrases "transformation as a service" (RISE) and "network of networks" (Business Networks). I don't hear customers using these phrases, or even understanding them. However, when SAP gets into the nitty gritty of solving sustainability problems, that has so much more resonance to me than handwaving over the metaverse - a catch phrase that is mercifully absent here. For those whose impressions of SAP Sapphire Orlando are limited to the overly-scripted keynote, I'd say, stay tuned. On the ground, there is some solid content, including customer views (I'll post a customer story next). I also have a check in with ASUG leadership on deck, to ask them about the customer priorities on the ground. I would not be able to chase down these details without SAP providing open access to their teams and customers. Despite all the changes in the comms and analyst programs and leadership, in my case, this access has remained a constant.That's not typical in the enterprise space, and I give SAP credit for putting me in the position where I can verify (and share) things that might not necessarily be flattering. But to me, that transparency is part of the change we must all pursue - otherwise customers (and readers) will be left underserved. Image credit - Screen shot of SAP CEO Christian Klein's SAP Sapphire day one keynote by Jon Reed. Disclosure - ASUG is a diginomica premier partner. Read more on:

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  • When was Signavio founded?

    Signavio was founded in 2009.

  • Where is Signavio's headquarters?

    Signavio's headquarters is located at Kurfürstenstraße 111, Berlin.

  • What is Signavio's latest funding round?

    Signavio's latest funding round is Acquired.

  • How much did Signavio raise?

    Signavio raised a total of $229.98M.

  • Who are the investors of Signavio?

    Investors of Signavio include SAP, Apax Partners, DTCP, Salesforce Accelerate and Summit Partners.

  • Who are Signavio's competitors?

    Competitors of Signavio include Celonis and 3 more.

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