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IBM Buys MyInvenio, Another Weapon In IT Automation Domination

IBM Buys MyInvenio, Another ‘Weapon’ In IT Automation Domination The deal adds to the growing IBM automation portfolio, building on IBM’s 18-month platform buildout. One IBM partner calls the addition of myInvenio to Big Blue’s roster a ‘critical ingredient to the business process piece.’ By Wade Tyler Millward April 15, 2021, 08:00 AM EDT IBM Thursday strengthened its bid to dominate the business process automation market with its acquisition of highly-regarded Italian software maker myInvenio. Financial terms of the deal were not disclosed. “We have just given partners the biggest weapon they could ever have on tackling this automation opportunity,” Rob Thomas, IBM’s senior vice president of Cloud and Data Platform, told CRN in an exclusive interview.

MIL-OSI Economics: IBM to Acquire myInvenio to help Organizations Use AI-powered Automation to Better Streamline Business Processes

Source: IBM Addition of myInvenio provides customers with a comprehensive AI-powered automation portfolio for business automation – including process mining, robotic process automation (RPA), document processing, workflow, and decisions – all built on Red Hat OpenShift ARMONK, N.Y., April 15, 2021 /PRNewswire/  IBM (NYSE:IBM) today announced a definitive agreement to acquire myInvenio, a process mining software company based in Reggio Emilia, Italy. The acquisition will provide organizations with data-driven software that should help them identify the most impactful business processes to automate using AI – including sales, procurement, production and accounting. It also further advances IBM’s hybrid cloud and AI strategy, providing customers with a comprehensive suite of AI-powered automation capabilities for business automation. Financial details were not disclosed.

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