SoftProject has acquired Blueway Software for an undisclosed amount, a move set to enhance SoftProject's capabilities in data management and digital transformation. Blueway, founded in Lyon in 2003, is known for simplifying data-related challenges and accelerating digital transformation for its clients. Its flagship product, Phoenix, is a robust low-code platform specifically designed for data exchange and process automation.
The Phoenix platform empowers IT teams to integrate, govern, and expose data and processes, providing a comprehensive solution that places human interaction at the core of information systems. This technology offers organizations increased agility, greater autonomy for their teams, and strengthens links within business ecosystems. Blueway serves over 240 customers of varying sizes across diverse sectors and reported revenues of 11 million euros in 2023, representing a 35% growth. Its expertise spans critical areas such as Business Process Management (BPM), Master Data Management (MDM), Enterprise Service Bus (ESB), API Management (APIM), and Data Catalog.
This acquisition is highly strategic for SoftProject, significantly bolstering its portfolio with Blueway's established platform and strong market presence. By integrating Blueway's Phoenix platform, SoftProject gains advanced low-code capabilities in data governance, integration, and process automation, which are crucial for navigating complex digital landscapes. The synergy is expected to create a more comprehensive offering for customers, enabling them to tackle digital transformation initiatives with a unified and powerful suite of tools. SoftProject stands to benefit from Blueway's deep technical expertise, proven customer success, and strong revenue growth.
The combined entity is poised to deliver a more expansive and integrated solution set, addressing the growing demand for streamlined data management and process automation. This strategic acquisition positions SoftProject to expand its market reach and solidify its standing as a key provider in the digital transformation sector, offering customers enhanced agility and efficiency through a broader array of integrated technologies.