IBM acquires MyInvenio to build its automation portfolio

IBM will purchase course of mining vendor MyInvenio in a bid to additional construct out the know-how big’s automation portfolio.

The acquisition, made public on April 15, builds on an current partnership between IBM and MyInvenio. Since December of final 12 months, IBM has built-in MyInvenio’s process mining and process mining know-how into IBM Cloud Pak for Automation, a platform for constructing and working automation functions.

Increasing the automation portfolio

IBM’s acquisition of the myInvenio, which is predicated in Reggio Emilia, Italy, provides IBM the prospect to combine MyInvenio know-how extra deeply into its Cloud Pak for Automation platform, stated Neil Ward-Dutton, vice chairman of IDC’s clever enterprise execution observe.

“IBM desires to make the MyInvenio know-how a seamless a part of its automation platform, and needs so as to add course of mining, analytics and optimization from MyInvenio as core components of its enterprise and IT automation proposition,” he stated.

MyInvenio’s platform robotically analyzes customers’ enterprise information to establish duties that might profit from automation and floor bottlenecks and different inefficiencies that customers might enhance. Its know-how can analyze person interplay information to find out the place robotic course of automation (RPA) bots and different automation may benefit its customers.

MyInvenio’s know-how might complement IBM’s current automation platform in a number of methods, together with by serving to purchasers establish alternatives to automate with RPA or automate the technology of enterprise guidelines, Ward-Dutton stated.

“Long term, MyInvenio’s know-how is also used to offer a type of ongoing operational perception capabilities for enterprise, IT and community administration processes, highlighting potential issues and proactively suggesting fixes,” he added.

IBM desires to make the MyInvenio know-how a seamless a part of its automation platform.
Neil Ward-DuttonVice chairman, IDC

For IBM, an apparent selection is to combine output from MyInvenio with IBM Blueworks Live, a cloud-based enterprise course of modeler, in order that evaluation might transfer straight right into a modeling and documentation software for course of reengineering, stated Forrester analyst Rob Koplowitz.

“This may be executed right this moment by importing a BPMN [business process model and notation] mannequin, however it’ll possible develop into extra tightly built-in and simpler to make use of,” he added.

RPA and course of mining

IBM’s acquisition of MyInvenio builds on IBM’s acquisition of Brazilian RPA vendor WDG Automation in July. On the time, IBM stated it deliberate to combine greater than 600 prebuilt RPA features from WDG Automation into its Cloud Pak products, starting with Cloud Pak for Automation.

IBM’s transfer with MyInvenio “completely builds on IBM’s automation technique, together with, however not unique to, RPA,” Koplowitz stated. “As soon as automation is set to be the proper method to optimize a course of, straightforward provisioning of know-how streamlines the method and directs a buyer to IBM’s tech stack.”

Market estimates for hyperautomation technology
Market estimates for hyperautomation know-how

Koplowitz added that he is involved, although, that course of mining is “more and more turning into a feeder for a presumed automation answer.”

So, with course of mining, an enterprise utilizing the know-how might floor the place automation may very well be helpful, which in flip would offer the seller — on this case, IBM — with alternatives to promote extra providers to automate that course of.

“The automation market is far bigger than the method mining market, so something that may assist a vendor feed that beast turns into compelling [to them],” he stated.

The trade noticed that, to a sure extent, with UiPath’s acquisition of ProcessGold, a course of mining vendor primarily based within the Netherlands, and with SAP’s acquisition of Signavio earlier this 12 months, Koplowitz famous. Now, with MyInvenio, IBM is making an analogous transfer.

Nonetheless, MyInvenio is likely to be one of some automation acquisitions IBM makes within the brief time period.

Ward-Dutton famous that IBM goals to construct out the broadest potential automation platform. He stated it would not shock him if the tech big made one or two extra acquisitions to this platform within the coming 12 months or so.

IBM didn’t disclose the monetary particulars of its MyInvenio deal.

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