Company:Signavio

From HandWiki
Signavio GmbH
IndustryBusiness process management
Founded2009 (2009)
FoundersGero Decker, Torben Schreiter, Nicolas Peters, Willi Tscheschner, Mathias Weske
Headquarters
Berlin
,
Germany
Products
  • Signavio business transformation solutions
  • SAP Signavio Process Manager
  • SAP Signavio Process Intelligence
  • SAP Signavio Process Governance
Services
OwnerSAP (2021-present)
Websitewww.signavio.com

Signavio is a vendor of Business Process Management (BPM) software based in Berlin and Silicon Valley. Its main product is Signavio Process Manager, a web-based business process modeling tool. The company was acquired by SAP in March 2021[1] for 950 million euros.[2]

History

The company was founded by a team of alumni from Hasso Plattner Institute (HPI) in Potsdam, Germany .[3]

Prior to Signavio, the founders were involved in[vague] development of the world's first web modeler for BPMN at HPI.[citation needed] This technology, known as the "Oryx project", was published under an Open Source license and served as blueprint for the Signavio Process Manager.[4][5]

Signavio is headquartered in Berlin, Germany.[6] In 2012, the company was incorporated in the United States as Signavio Inc. with an office in Burlington, Massachusetts .[7] The company is fully owned by the founders and staff.[citation needed]

On January 21, 2021, SAP announced that it would acquire Signavio.[8] The acquisition was completed on March 5, 2021.[9]

Awards

In 2011, the German Federal Ministry of Economy and Technology named Signavio "ICT startup of the Year"[10] and selected the firm for its "German Silicon Valley Accelerator" program.[11]

References

External links