IBM to Buy Italian myInvenio
Summary
Led by Massimiliano Delsante, CEO, myInvenio provides a Process Mining solution to instantly boost the organization’s core business processes by automatically discovering activities and constantly monitoring compliance and performance. The company’s system enables continuous process improvements by delivering measurable ROI thanks to AI, advanced analytics, simulation and what-if analyses. 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. With the acquisition of myInvenio, IBM will help companies streamline business processes that create bottlenecks, slowing down innovation and increasing costs. IBM’s acquisition of myInvenio builds on its OEM agreement with the company.
