Kofax Acquires Singularity; Unifies Document Capture and BPM for On-Premise, Cloud

Kofax plc, a company that automates document scanning, has acquired Singularity, a provider of business process management (BPM) software, for $48 million. The combined Kofax and Singularity products will be fully deployable on premise or via private cloud or SaaS.

Tags: business process management, BPM, Kofax, SaaS, Singularity, cloud,

bpm_mergerKofax plc, a company that automates document scanning, has acquired Singularity, a provider of business process management (BPM) software, for $48 million.

Singularity will help Kofax’ customers manage the flow of information into their enterprise applications and repositories, said Kofax CEO Reynolds Bish in a statement about the deal. With the acquisition, Kofax’s Bish said the firm will also become the first to offer a capture-enabled BPM platform, which will provide different software products and solutions in the capture and BPM markets

The combined Kofax and Singularity products will be fully deployable "on premise" or via private cloud or SaaS (public cloud), Bish added. Offering customers all deployment options will allow the Kofax to better serve a broader array of customer buying preferences and over time create more predictable revenue streams, he added.

Further, the integration of the two technologies will help customers better automate any “capture” processes needed to enter content into their enterprise applications and repositories,  Bish added, as well as make it easier to present such captured information and processes to downstream knowledge workers. 

Singularity is the maker of the TotalAgility BPM lifecycle product, which is designed to deliver four core aspects of BPM functionality: Process Design, Process Execution, Process Monitoring and Process Optimization.

These features are delivered using two powerful UI approaches:  TotalAgility Builder and TotalAgility Workspace, according to the company.

All BPM lifecycle functionality is accessible seamlessly across these two UI environments, to provide a central tool for managing processes and forms. 

Among Singularity’s approach to BPM lifecycle are:

Process Execution to ensure delivery of the right work to the right person at the right time – guiding process execution toward completion. To promote execution, the TotalAgility Workspace UI orchestrates the combination of system and human activities. It can react at runtime to changes in throughput, capacity, workload and utilization to modify its scheduling and routing of workload and process tasks.

Process Monitoring
to support human decision making. TotalAgility Workspace enables easy reporting and visualization of a process or case model and enables the user, manager or business analyst to measure the performance of a system, check for errors and produce meaningful metrics on which to take decisions.

Process Optimization to let users quickly adapt to changing circumstances. In-flight improvement and self-optimization of business processes are available via the TotalAgility Workspace. Further, it provides the ability to execute a process differently, or even execute a different process, depending on circumstances, such as during periods of increased demand.

The combined Kofax and Singularity products can be deployed on-premise or via private clouds under a traditional perpetual license model. The products can also be deployed via a public cloud under a software-as-a-service subscription model, according to the company.

“Kofax’s direct sales force, large channel of value added resellers and global reach will significantly expand our access to the market,” said Padraig Canavan, Founder and Chief Executive Officer of Singularity, in a statement. Canavan will continue on as the Senior Vice President of BPM Software Sales at Kofax.




back