Having experienced growth in recent years, the new investment will enable Basis Technologies to further accelerate product development and increase adoption of its software by expanding global sales and partnership capabilities.
SEP partner Keith Davidson said: “Basis Technologies is ideally positioned to benefit from the increasing need to adopt DevOps within SAP environments as businesses transition to the cloud and SAP’s new offerings.
“The company has an excellent reputation, puts its customers first and has significant experience delivering innovative automation software to organisations using SAP. We are pleased to be partnering with the team at Basis to help them achieve their strategic growth goals.”
Basis Technologies support companies around the world that aim to transition from legacy on-premise Systems Applications and Products (SAP) software to modern cloud-hosted SAP systems. The company helps its clients become more agile by delivering business innovation faster.
It offers a complete automated DevOps and testing platform engineered for SAP. Its clients include BP, Procter & Gamble and Booking.com, helping them to accelerate time to market, adopt new development methods and increase productivity.
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The company employs more than 70 people with headquarters in the UK and additional offices in the US, Australia, Germany, and Hungary.
Partnering with SEP will support the company to further enhance its proposition to address a $1.5 billion plus per annum global enterprise DevOps for SAP market.
CEO of Basis Technologies Martin Metcalf said: “We are delighted to have SEP on board as our investment partner to help fuel the continued growth of Basis Technologies.
“We look forward to working together to expand our product, sales and delivery capabilities and to bring our pioneering DevOps automation solutions to more SAP users across the globe.”