Through the acquisition of the EAM software firm, SAP aims to expand its business transformation portfolio to enable clients to access a full suite of tools needed for continuous business transformation and facilitate AI-driven process optimisation
EAM software firm LeanIX to be acquired by SAP. (Credit: MichaelBr90/Wikimedia Commons)
SAP has agreed to acquire Germany-based enterprise architecture management (EAM) software firm LeanIX for an undisclosed price.
Through the acquisition of LeanIX, SAP aims to grow its business transformation portfolio. The tech major expects to enable clients to access the complete suite of tools needed for continuous business transformation and facilitate the optimisation of processes through artificial intelligence (AI).
Founded in 2012, LeanIX offers software-as-a-service (SaaS) solutions to support organisations in creating transparency. The solutions allow them to visualise, evaluate, and oversee the transition towards their desired IT architecture.
The firm enables institutions to make the right decisions and collaborate more effectively by providing a data-driven and automated approach that is augmented with AI.
LeanIX is backed by investors including Goldman Sachs, DTCP, Insight Partners, Capnamic Ventures, Iris Capital, and Dawn Capital.
Recently, the privately held company launched an AI assistant that leverages generative AI for enterprise architecture management.
LeanIX CEO and co-founder André Christ said: “Our strategy is to empower organisations to continuously transform in a rapidly changing business environment.
“With an integrated, comprehensive view of IT applications and business processes we speed up modernisation and reduce transformation risks for our customers, and also secure their ability to adapt to technology shifts such as cloud and AI.”
LeanIX is expected to bolster the transformation capabilities of SAP Signavio solutions. It will also provide SAP clients with the distinct clarity on IT landscapes required to gain the full benefit of business transformation.
According to SAP, the combined offering will deliver a comprehensive foundation for AI-enabled process optimisation.
Furthermore, LeanIX’s IT landscape transformation capabilities combined with SAP Signavio Process Transformation Suite, RISE with SAP, and SAP Business Technology Platform will help SAP clients establish a culture of continuous adaptability and enhancement.
SAP CEO and executive board member Christian Klein said: “Together with LeanIX, we want to offer a first-of-its-kind transformation suite to provide holistic support to our customers on their business transformation journeys.
”Building on our decades of expertise, we’ll embed generative AI to offer self-optimising applications and processes that can help businesses achieve key goals such as maximising cash flow while minimising their environmental impact.”
Subject to customary conditions and regulatory approvals, the transaction is expected to close in Q4 2023.