ServiceNow, a digital workflow management company, has agreed to acquire Mapwize, an indoor mapping and wayfinding company. The financial terms of the transaction were not disclosed.
This is the 507th technology M&A transaction covered by ChannelE2E so far in 2021.
ServiceNow acquires Mapwize: This is the reason
Mapwize was founded in 2014 by CEO Médéric Morel and CTO Mathieu Gerard and is headquartered in Lille, France.
Mapwize’s software is an indoor map platform. The software allows customers to develop interactive indoor maps of commercial floor plans. ServiceNow will incorporate this technology into its Now platform and workplace service delivery suite. The buyer pointed out that the ServiceNow suite already has the functions of space mapping, workplace reservation management, workplace space management, workplace visitor management, case and knowledge management, and safe workplace suites.
The result: ServiceNow and Mapwize users can use the software in their enterprises to reserve seats, meeting rooms, workspaces, and workplace resources. Buyers stated that the Mapwize feature will also help workplace teams manage and update floor maps based on usage trends and changing real estate needs.
ServiceNow Acquires Mapwize: Executive Perspectives
Blake McConnell, Senior Vice President, Staff Workflow, ServiceNow
Médéric Morel, CEO and co-founder of Mapwize
Blake McConnell, Senior Vice President of Staff Workflow at ServiceNow, commented on the news:
“In the new world of mixed work, the role of workplace services in creating a great employee experience has never been more important. With Mapwize, ServiceNow will make it easier for people to navigate their work environment and access the workspaces they need to stay productive Information and workspace services to drive the future of employee experience.”
Médéric Morel, CEO and co-founder of Mapwize, added:
“ServiceNow is a global leader in advancing a better employee experience. We are happy to join their mission to make the world of work work better for everyone. Through ServiceNow, we have a unique opportunity to expand our technology to help global organizations navigate Hybrid working environment. Our technology combined with Now Platform and Workplace Service Delivery Suite will eliminate the pressure and time of navigating in the workplace, enabling employees to remain agile and efficient in any environment and on any device.”
ServiceNow’s business evolution: beyond ITSM
ServiceNow CEO Bill McDermott was a leader of SAP. He has been promoting business development beyond IT Service Management (ITSM) to provide more workflows in HR, finance, SecOps and other fields Automation opportunities.
The recent results are impressive: the company’s revenue for the second quarter of 2021 was $1.4 billion-an increase of 32% over the same period last year
The growth strategy also involves the development of ServiceNow’s partner ecosystem. To this end, ServiceNow hired Deloitte Consulting veteran Erica Volini in August 2021 as the senior vice president of global alliance and channel ecosystem (ACE) listing (GTM) operations.
#ServiceNow #acquires #Mapwize #indoor #map #wayfinding #company
More from Source