Nintex acquires Kiwi business process management software firm Promapp
- 01 August, 2018 07:29
Nintex, a leader in intelligent process automation (IPA) has acquired Promapp, a business process management software company.
Promapp, with headquarters in Auckland, is being used by more than 500 public and private sector organisations worldwide successfully map and manage their processes realising process improvements through intuitive, powerful tools used by teams every day.
Promapp customers include Coca Cola, Johnson & Johnson, McDonald’s and Toyota.
“Our acquisition of Promapp creates tremendous opportunities for companies to visually map and better manage every business process,” says Nintex CEO Eric Johnson, in a statement.
“By bringing together the power of the Nintex Platform with Promapp, our customers and partners can easily design, deploy and manage their business processes and address process automation scenarios that have been difficult or expensive to solve.”
Nintex did not disclose the terms of the deal.
Promapp’s cloud based software makes it easy to create, navigate, share, and change business processes, continuously improving areas like risk management, quality assurance and business continuity.
Promapp was founded in 2002 by Ivan Seselj and is co-owned by Richard Holmes. Both Seselj and Holmes are process experts from global consulting firms.
Businesses and government agencies leverage Promapp to empower teams to own their processes and to drive accountability for continuous process improvement. The technology’s simple navigation, dashboard, and process ownership features make it easy to use, with one-click process editing features requiring no training to get started.
Promapp supports the development of smarter ways to work, while encouraging sharing of information by operational teams rather than limiting it to process analysts and technical specialists.
“I have long believed that business processes, like applications, need to be valued as a portfolio of assets. That means they need to be properly documented, designed and modified using lifecycle management techniques,” says 451 Research principal analyst Carl Lehmann. “The capabilities enabled by Promapp combined with workflow automation technology like that from Nintex should enable modern enterprises to do just that.”
Aragon Research VP and fellow Jim Sinur and Aragon CEO Jim Lundy says it is exciting to see two Aragon 'hot vendors', Nintex and Promapp, merge to help organisations improve how they automate and manage business processes - "capabilities necessary to becoming a fully digital business and maintaining competitive advantage".
Nintex says it plans to maintain Promapp’s offices in Auckland, Austin, San Francisco and Sydney and will relocate the Promapp teams in Melbourne and London to Nintex’s offices in those cities.
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