Bizagi Competitive Landscape

Part
01
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Part
01

Bizagi Overview

Bizagi offers a product that helps companies of all sizes digitally transform their businesses by integrating multiple systems into a single platform. Companies pay only for what they use, so they can start small and scale as necessary. The platform uses bots to perform manual tasks so that human employees can be freed up to perform other jobs. Additional information about Bizagi can be found on the attached spreadsheet in column C.

Part
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Part
02

Bizagi Competitors

Six emerging technology competitors to Bizagi are iGrafix, Genpact, BP Logix, AuraPortal, Creatio, and Appian. Rows 1-3, columns D-I of the attached spreadsheet have been completed for these six competitors.

iGrafx

  • iGrafx offers a business process management and automation platform.
  • This company was selected because its platform offers similar tools as Bizagi (workflow automation, RPA, risk and compliance).
  • It is also listed as a Bizagi competitor by Gartner and operates in several of the same industries, including public sector, financial, manufacturing, healthcare, and education.

Genpact

  • Genpact offers an AI-based platform to help companies accelerate their digital transformation.
  • This company was selected because it claims to help companies easily implement AI to transform their business processes, which is what Bizagi's platform does.
  • It is also listed as a Bizagi competitor by Gartner and it operates in several of the same industries, including healthcare, financial, and manufacturing.

BP Logix

  • BP Logix offers a platform for process automation using AI-enabled solutions.
  • This company was selected because not only does it offer a platform that performs in a similar manner to Bizagi, but it also provides a low/no-code solution for non-IT experts.
  • It is also listed as a Bizagi competitor by Gartner and it operates in several of the same industries, including manufacturing, financial, public sector, education, and healthcare.

AuraPortal

Creatio

Appian

Part
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Part
03

Bizagi CL (1)

iGrafx is a computer software company headquartered in Tualatin (Oregon). The company was founded by the current CTO, Ed Maddock, in 1991. iGrafx is a world leader in providing digital transformation solutions to businesses. iGrafx provides business process management (BPM) and analysis solutions along with Robotic Process Automation (RPA) software solutions. Required information on iGrafx and its products has been presented in Rows 3 to 42 of Column D of the attached spreadsheet.

Brief Overview of Findings

Leadership Structure of iGrafx


Part
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Part
04

Bizagi CL (2)

Genpact offers an AI-based platform solution designed to help companies accelerate their digital transformation. Genpact works primarily with Fortune 500 companies. Additional insights on Genpact are in column E, rows 3 to 40 of the attached spreadsheet.

History

  • Genpact was founded in 1997 as a business unit and functions within General Electric. Genpact became an independent company in January 2005. Genpact now offers process expertise as well as unique DNA in Lean management services to its clients beyond GE. In August 2007, the company became a publicly-traded company and expanded the number of its employees from about 19,000 to over 90,000.

Products

Features

  • Some features associated with Genpact's business transformation products include predictive analytics, speech analytics, embedded applications, data analysis technology and methods. Genpact's product features also include cross channel analytics, training support and maintenance services, consulting services, and performance analytics.

Uniqueness

  • Genpact's products and solutions are highly unique.
  • Genpact implements its solutions differently when compared to other companies. It leverages a unique combination of digital as well as industry expertise to deliver innovative, digitally enabled, intelligent operations for its global clients. The company has an extensive partner ecosystem and uses an open architecture. Genpact uses a consulting service and a modular approach to create digital solutions that connect new technologies with legacy systems.
  • Genpact has a unique heritage, is a former GE division, and proudly practices or leverages a DNA solution associated with Lean Six Sigma to maximize customer value as well as minimize wasted efforts.

Pricing

  • The starting price associated with software and platform solutions offered by Genpact, including Genpact Cora, are "not provided by [the] vendor" and individuals or organizations intending to utilize solutions offered by Genpact need to contact Genpact for pricing information to "get started."

Category

Funding

  • Genpact has raised $494 million via an initial public offering (IPO) of its shares in the United States. It is listed on the New York Stock Exchange (NYSE).

Research Strategy

Due to the age of Genpact, a few resources that give the most recent insights into its history are older than two years and are in the study.

Part
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Part
05

Bizagi CL (3)

Details about BP Logix have been provided in Column F, Rows 3 to 40 of the attached spreadsheet. A summary of the key findings has been provided below.

Summary of Findings

  • BP Logix is the developer and marketer of Process Director, an artificial intelligence-enabled intelligence automation platform that drives enterprise digital transformation by empowering human resources to develop, implement, and enhance vital digital applications.
  • BP Logix also specializes in case management, document management, Internet of Things, application development, machine learning, and artificial intelligence. The company is based in Vista, California.
  • BP Logix was founded in 1995. The company is a pioneer in business process management through a number of patented innovations.
  • Many organizations around the world in almost every sector have relied on BP Logix to meet their market agility benchmarks, ensure regulatory compliance, and improve customer engagement.
  • The company is highly regarded by industry leaders and has received a lot of recognition and awards. In 2019, BP Logix received the "Trend Setting Product of 2019 Award" and "Excellence in Business Transformation Award."
Part
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Part
06

Bizagi CL (4)

AuraPortal is a privately-held computer software company founded by Dr. Juan J. Trilles, the company is recognized as a pioneer and leader in the BPMS market. Information on the company have been presented in column G of the attached spreadsheet.

Overview of Findings

  • AuraPortal is a privately-held computer software company founded by Dr. Juan J. Trilles, PhD in 2002. The company is headquartered in Miami, Florida and has about 201-500 employees.
  • AuraPortal claims to be the "most complete low-code platform to build unlimited enterprise solutions and business applications rapidly." Its products and solutions make it easy to optimize and transform business operations with end-to-end automation.
  • The software is used by over 9.5 million users, running over 1,000,000 processes with over 1,000 installations.
  • AuraPortal serves clients in the following industries; banking and finance, retail, manufacturing, automotive, energy, agriculture, construction and real estate, public administration, healthcare, IT, education, services, telecommunications, transportation, and associations and foundations. Some of the company's clients include Alqueria, Technical University of the North, Toyota, KPN, New Millennia Group, SURA, Crosland, EPM Group, BDF, CAF Power & Automation, GMX, Pret Communique, ATIS Ketchum, Elpozo, Tenco Shopping Center.
  • Tableau, Microsoft Dynamics, Sage, Oracle Database, Skype for Business, Office 365, SAP, SharePoint, Salesforce, Azure, Power BI, BluePrism are platforms AuraPortal integrates with.
  • AuraPortal uses 94 technologies which include Hubspot, Google Analytics, LinkedIn Insights, WP Rocket, Yoast Plugins, Shockwave Flash Embed, Viewport Meta, JavaScript Libraries and Functions, ads technologies.

Part
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Part
07

Bizagi CL (5)

Creatio provides its low-code platform and CRM solutions to enable its clients to rapidly automate their business processes. It provides its solutions to thousands of organizations in various industries such as consumer package goods, education, construction, automotive, sports, financial, aviation, and other sectors.

Overview

  • Creatio provides a low-code process automation platform and CRM solutions that are developed to enable companies to digitally transform their businesses. Creatio's offerings help these companies accelerate the adoption of automated processes to enable to be more productive.
  • The low-code aspect of its platform is also designed to enable both IT and non-IT personnel to build advanced applications and processes.

History

  • Creatio was formerly BPM'Online which was established in 2002. The company has been renamed Creatio last October 2019.

Clients

  • Creatio provides its solutions to thousands of organizations in various industries such as consumer package goods, education, construction, automotive, sports, financial, aviation, and other sectors.
  • Some of its clients include Gruppo De Pasquale, Clarity, Halyk Bank, Health efx, Heinz, Upward Sports, Hershey's, Kattera, University of Denver, and others.

Claims and Product Offerings

  • The company mentioned that it enables the automation of business processes across organizations and applications to facilitate process transformation. It also aims to ensure that business platforms are all integrated and linked.
  • The company also helps businesses to rapidly and conveniently develop solutions without the need for deep technical knowledge.
  • The company aims to deliver four key capabilities that are needed to accelerate business transformation.
  • For the implementation pillar, it aims to provide creative solutions, add-ons, and processes that can help drive implementation and integration faster.
  • In terms of the adoption pillar, Creatio can help train employees faster with its exclusive integration of artificial intelligence and customized user experience (UX).
  • For the alignment pillar, the company helps in connecting processes across applications such as front-office and back-office operations. The company can help transform manual processes into automated systems to help organizations in aligning faster.
  • Meanwhile, its change pillar can help its client's employees to deploy their business ideas rapidly with the use of Creatio's convenient, fully-loaded, and low-code solutions.

Clients

  • Creatio provides its solutions to thousands of organizations in various industries such as consumer package goods, education, construction, automotive, sports, financial, aviation, and other sectors.
  • Some of its clients include Gruppo De Pasquale, Clarity, Halyk Bank, Health efx, Heinz, Upward Sports, Hershey's, Kattera, University of Denver, and others.
The rest of the available details of the Creatio company were inputted in the shared spreadsheet, column H, rows 3 to 40.

Research Strategy

To obtain the requested details of Creatio, we looked through its company website, social media pages, press releases, and other related sites. We also searched business directories, media publications, financial sites, and other relevant sources. We then found most of the requested details such as the company history, features, teams, and other directly-available details. For those data points that were not directly stated on any of the sources searched such as the uniqueness, complexity, actionability, and other similar details, we made our conclusions based on the available details presented on its website and other sites. However, we were not able to find the funding amount and other data points despite going through the various articles and reports on the company. This could be due to the confidential nature of the information that made the company decide not to share in public.
Part
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Part
08

Bizagi CL (6)

Appian Corporation was founded by Marc Wilson, Matthew Calkins, Michael Beckley, Robert Kramer on August 17, 1999. The company launched its first Business Process Management Suite software platform in 2004 and became publicly traded on NASDAQ in 2017. Information on the company have been provided in the attached spreadsheet.

Summary

  • Appian provides a low-code development platform which enables users to build business process management (BPM) applications. The platform allows users to automate complex processes and create custom apps, which can be deployed on any device. Appian low-code development platform can be used to build apps with the following capabilities:
  • Appian made its first acquisition on January 7, 2020. The company acquired Novayre Solutions SL for an undisclosed amount.
  • The company has received a total of $47 million in funding. In July 2008 Appian received $10 million in Series A funding and $37 million Series B funding in March 2014.
  • The company serves clients in the following industries; Automotive and manufacturing, education, energy and utilities, financial services, government, healthcare and pharmaceuticals, insurance, retail, telecommunication, media, and transportation. Some of its clients include Aegon, Addiko Bank, A2A, AIM Specialty Health, Alabama power, Allan Gray, and Amadori.
  • Appian Guarantee product costs $150,000. Other product pricing is available in three packages; Standard, Flat Free and Enterprise Package.
Sources
Sources

From Part 04