IBM is acquiring myInvenio to deliver hybrid cloud automation and provide AI-driven automation to various business processes. The acquisition will help users streamline business processes that create bottlenecks and boosts IBM’s investment in providing AI-powered automation capabilities. The terms of the acquisition were not disclosed.
In the company’s press release: IBM Automation’s General Manager Dinesh Nirmal stated: “Digital transformation is accelerating across industries as companies face increasing challenges with managing critical IT systems and complex business applications that span the hybrid cloud landscape. With IBM’s planned acquisition of myInvenio, we are continuing to invest in building the industry’s most comprehensive suite of AI-powered automation capabilities for business automation so that our customers can help employees reclaim their time to focus on more strategic work.”
IBM offers an open and secure public cloud for businesses that leverages open-source technologies to help users drive innovation, trust, and value. The vendor supports over 1,000 enterprise clients and over 16,000 production clusters using Kubernetes, managing cloud-native resources at an unparalleled scale. IBM’s recent acquisition of Red Hat allows them to take advantage of Red Hat Open Sight, making it easier for users to connect and migrate Red Hat OpenShift workloads to the public cloud.
myInvenio CEO Massimiliano Delsante added: “Through IBM’s planned acquisition of myInvenio, we are revolutionizing the way companies manage their process operations. myInvenio’s unique capability to automatically analyze processes and create simulations — what we call a ‘Digital Twin of an Organization’ — is joining with IBM’s AI-powered automation capabilities to better manage process execution. Together we will offer a comprehensive solution for digital process transformation and automation to help enterprises continuously transform insights into action.”
Learn more about the IBM-myInvenio acquisition here.