SAP to buy digital adoption specialist WalkMe for $1.5 billion

WalkMe, headquartered in Tel Aviv, Israel, sells a digital adoption platform (DAP) that enterprises can use to deliver relevant guidance and automation functions to workers, ensuring more consistent and efficient introduction of new software. With it, workflows can be executed more seamlessly across any number of applications, leading to greater acceptance of the underlying applications by users and thus increasing the added value that companies can achieve with the introduction of new software, SAP executives suggested.

SAP sees WalkMe as a complement to its offerings in the area of business transformation management, including previous acquisitions Signavio and LeanIX. The goal for SAP is to provide its customers with more support in their digital transformation.

“Applications, processes, data and people are the four key elements of a successful business transformation,” said Christian Klein, CEO and member of the Executive Board of SAP SE. “By acquiring WalkMe, we are doubling down on the support we provide our end users, helping them to quickly adopt new solutions and features to get the maximum value out of their IT investments.”