Analyst Coverage: Simon Holloway
Bizagi—which is short for business agility—was established in 1989 to support the continuous improvement of business processes and to provide a powerful, yet simple, business collaboration platform that brought business and IT together. InA ugust 2014, Bizagi announced that it was moving its UK headquarters o ntearer London and that it was opening a US hedquartes in San Fransisco.
Bizagi’s founders met whilst studying engineering at Universidad de los Andes in Columbia, over 25 years ago. Their experience with BPM started when developing ERP solutions for Apple in the 1980s. After delivering a successful project they found that their clients often asked for changes which were difficult and time-consuming to realise. This led them to the understanding that off-the-shelf solutions, whilst providing a means for standardising business process to best of breed, did not allow for either the agility needed in business today or the need to differentiate one business from its rivals in the market.
Gustavo Gomez, Bizagi’s CEO and founder stated recently,”We felt that BPM market was tarnished with a negative perception a few years ago—too complex and difficult to implement. We wanted to show the business community that it doesn’t have to be this way, so we offered Process Modeler for free to create a community of users who can reap the benefits of BPM with ease and in a fraction of time.”
During 2014, the company has expereinced 60% growth fuelled by the growing demand by businesses to deliver business agility in response to fast-changing markets