Appian acquires technology company Novayre

, ,
Integral service around a transaction
BY : Diego GutiérrezJanuary Tue, 2020

Appian is an American company that has just acquired the Sevillian technology company Novayre.

An operation that seeks to integrate artificial intelligence and automation solutions.

The market for robotic process automationa methodology for the automation of business processes, is one of the most competitive at the moment.

In fact, the RPA market is expected to reach 12 billion in 2023.

This is something that neither companies nor corporate finance in the sector overlook.


This January, the US company Appianwhich is listed on the Nasdaqhas bought the Sevillian company Novayre Solutions, developer of the Jidoka RPA platform.

Jidoka is currently the Robotic Process Automation software (RPA) best rated by Gartner Peer Insightswith an overall rating of 4.8 out of 5.

This operation makes Appian a company with all the necessary software of automationIt will feature Artificial Intelligence, RPA and workflow control solutions.


From now on, their plans are to unification of low-code development and RPA on a single platform that fully embraces automation and enables the orchestration of the three agents of modern work:

  • Humans
  • Bots
  • Artificial intelligence

The platform will include case management functions, so that if robots generate errors or exceptions, humans are involved in the process and can make the necessary corrections quickly.

With this buyAppian will also provide RPA management for the company.


The American firm is extending its leadership in the automation of low-code by adding RPA.

Together, the products enable the orchestration of end-to-end processes where humans, software robots and AI all work in a coordinated manner.

Novayrel, for its part, makes it easier for companies to adopt and deploy RPA on an enterprise-wide scale.


This US company provides a software development platform that enables organisations to quickly develop powerful and unique applications.

These applications built on these platforms therefore help companies to drive digital transformation and competitive differentiation.

With this latest move, it is committed to offering an open platform.

It will also continue to work and integrate with leading RPA providers, offering customers flexibility and freedom of choice in RPA.


It was created in 2008 by Víctor Ayllón García and Juan Manuel Reina Morales from Seville..

It is about of a technology, research, innovation and development, strategic, communication and applied consulting firm..

With a workforce of 25 employees, in 2018 the company had a turnover of €1.2M, and a net profit of almost €66,000.

Its flagship software is Jibokaalready used by companies such as Pepsico, Deloitte, Ayesaand the Virgen del Rocío Hospital, among others.

The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?