Code & Co. provides Tech & Product Due Diligence to Proalpha ahead of its acquisition of Insiders Technologies GmbH, a provider of AI-based solutions for the automation of document-centric business processes
The Proalpha Group, one of the leading providers of business applications for SMEs, has acquired Insiders Technologies GmbH (Insiders) and significantly expanded its Industrial AI Platform with leading AI applications and services for digital document processing. Proalpha is committed to its roots in its home region and is strengthening its cooperation with leading AI institutes such as the German Research Center for Artificial Intelligence (DFKI), the Fraunhofer Institutes IESE and ITWM and the Rhineland-Palatinate Technical University of Kaiserlautern-Landau (RPTU), with which Insiders has been cooperating closely for many years. Closing of the transaction is subject to customary regulatory approvals.
Scope of Work
Code & Co. reviewed Insiders Technologies’ document processing platform and modular product offering, assessing its architecture, cloud infrastructure, comprehensive proprietary ML/AI capabilities, and cyber security and resilience measures.
The review also covered the company’s product roadmap, integration ecosystem, and operational scalability.
Finally, Code & Co. evaluated the engineering organization, software development lifecycle, robust CI/CD pipelines, and quality practices.
About Insiders Technologies
Insiders was founded in 1998 as a spin-off of DFKI. The company, headquartered in Kaiserslautern – in the immediate vicinity of Empolis – is a provider of AI-based solutions for the optimization of document-centric business processes such as intelligent document recognition, automatic data classification and extraction or AI-supported process automation. More than 6,000 customers worldwide from industry and commerce, insurance companies and banks as well as the healthcare and public sectors rely on Insiders‘ innovative solutions. Well-known customers include Bayern LB, Continental, Debeka, Markant, Phoenix Contact and Thyssenkrupp Materials.
https://insiders-technologies.com/
About Proalpha
For more than three decades, Proalpha has been the digital sparring partner for small and medium-sized businesses at 65 locations around the globe. For more than 9,700 customers – from the manufacturing industry, wholesale and other sectors – the powerful ERP and business applications from Proalpha and its partners form the digital backbone of their entire value chain, ensuring intelligent interconnection and efficient control of all business-critical systems and core processes. In increasingly competitive markets, the optimal integration of up and downstream processes is a crucial factor, and the software solutions of the Proalpha Group and its 290 partners support customers in precisely the areas that are of central relevance to their business. From data analysis and artificial intelligence to supplier relationship management, quality, energy, production or human capital management, the about 2,200 people who work for Proalpha have a very clear mission and commitment: to develop a digital solution platform that gives SMBs the competitive edge they need to master the constant process of transformation and change.