The acquisition of Lana Labs will help Appian deliver a complete low-code automation suite.
This week Appian announced it has acquired process mining company Lana Labs for an undisclosed amount. Appian says that with the addition of Lana, it will be able to deliver “the world’s most complete Low-Code Automation Suite.”
The LANA platform has a leading proprietary machine learning algorithm that automates analysis of complex business workflows. This, they say, makes companies smarter and more efficient. Appian is a leader in low-code process modeling and automation. The insights gained from process analysis can be used to deploy mission-critical applications with the Appian platform. The result can be actionable and continuous process optimization with people, systems, and data unified in the same workflow.
Appian chose Berlin-based Lana Labs because of the shared virtues between the organizations and products. The LANA platform is recognized as a major contender in the process mining industry by Everest Group. Lana’s AI-supported analysis of complex business and production processes aligns with Appian’s focus. The combination will work to simplify organizations’ most important workflows.
Optimizing workflow through streamlining and automation
“Lana emerged rapidly as a process mining leader based on our dual-commitment to industry innovation and delivering customer value,” said Dan Wucherpfennig, CEO of Lana Labs. “This is how Appian built its industry leadership and we are excited for our future together.”
Appian CEO Matt Calkins said, “There is natural synergy between process mining, process modeling, and automation. We believe that our acquisition of Lana Labs means that only Appian will be able to take customers from knowing to doing, in a unified suite.”
Pavel Zamudio-Ramirez, Appian’s Chief Customer Officer, commented in a blog post. “Workflow is about streamlining and automating your processes,” he writes. “Appian unifies people, technologies, and data in the same workflow to automate virtually any enterprise process. We then provide the deep analytics to monitor and optimize performance across your people, your bots, and your AI systems.”
“By bringing process mining and workflow together in a unified low-code suite, we are creating a virtuous circle for fast and continuous improvement,” he continues. “We will take you from knowing to doing faster than anyone else.”