IBM acquired MyInvenio, a software maker company

In April 2021, IBM acquired Italian software maker company Mylnvenio Srl, which provides analytics platform that assist businesses to determine how to apply the best technology such as robotic process automation (RPA) in their functions. The use of RPA technology and other automation technology will free the employee of the company from the repetitive business tasks such as copying transactions records between accounting applications. In big multinational organization should be automated. To provide the ease to the employee. Process mining products such as Mylnvenio’s platform support enterprises to categorize the workflows that they need to automate first to attain biggest revenue on their RPA and artificial intelligence investments.

“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,” stated Dinesh Nirmal, the general manager of the IBM Automation business group. The acquisition of myInvenio comes less than a year after the company purchased WDG Automation Inc. Ltd., an RPA provider whose technology was also incorporated into the IBM Cloud Pak for Business Automation suite.

The firm’s namesake platform converts usage data and collects from business applications into charts so that analysts can check the most promising automation opportunities. The software can analyze how employees interact with a supplier management system to find which parts of ordering new merchandise take the most time