Software AG Strengths, Domain Expertise, and Key Differentiators
Established in 1969, Software AG is a German multinational software corporation specializing in the development of enterprise software for business process management, integration, and big data analytics. With its headquarters situated in Darmstadt, Germany, the company maintains a global presence through offices around the world.
Software AG Recent Developments
In May 2023, Software AG disclosed a collaboration with Aleph Alpha, a generative AI company specializing in creating and implementing innovative AI solutions in natural language processing and multimodality. The partnership's objective is to offer Software AG's webMethods.io integration platform as a service (iPaaS) to customers, granting them access to Aleph Alpha's API. This collaboration seeks to enhance integration capabilities and tackle concerns related to AI-based process automation.
In September 2021, Software AG introduced an application designed to automate the calculation of Overall Equipment Effectiveness (OEE) on its Cumulocity IoT platform. This innovative app empowers manufacturers, regardless of size, to efficiently gather and process critical data in real time, facilitating a rapid assessment of production effectiveness. The implementation of this app enhances organizational responsiveness to operational inefficiencies, allowing for proactive issue resolution and the optimization of opportunities.
In May 2021, Software AG unveiled TrendMiner 2021.R2, introducing features that empower analysts to share their data model outputs across the organization. This update incorporates a multivariate Anomaly Detection Model capable of identifying deviations from the intended operational behavior. Additionally, it includes functionality that dismantles data silos, fostering the creation of cross-departmental workflows.
Since 2020, Software AG has been shifting all sales agreements with customers to a subscription model.
Software AG Mergers and Acquisitions (M&A) Activities
In December 2023, Software AG revealed its agreement to sell webMethods and StreamSets, constituting its Super iPaaS business, to IBM for a purchase price of €2.13 billion, subject to standard closing adjustments.
Software AG Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Software AG applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Software AG and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ARIS Process Mining customers.
Software AG Overview
Uhlandstrasse 12
Darmstadt, x, 64297, Germany
49 6151 920
https://www.softwareag.com/
Ownership: - ETR:SOW
Number of Employees: 4996
Functional Markets: Analytics and BI, PPM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, State and Local Government, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Software AG Key Enterprise and Cloud Applications
ARIS Process Mining
Software AG Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Software AG Revenue Breakdown By Type, $M:
Software AG Enterprise Applications Revenues By Functional Markets, $M:
Software AG Enterprise Applications Revenues By Verticals, $M:
Software AG Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Software AG Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Software AG Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Software AG Customers
No. of Software AG Customers: 10000
No. of Software AG Enterprise Applications Customers: x
No. of Software AG Cloud Customers: x
No. of Software AG Cloud Subscribers: x
Software AG boasts a global customer base exceeding 10,000. Notable clients include Vodafone, Henkel, NTT Ltd, Generali, Credit Suisse, The General Directorate of Residency and Foreigners Affairs of Dubai (GDRFAD), Zimmer Biomet, and others.
Software AG Market Opportunities, M&A and Geo Expansions
In November 2023, Software AG collaborated with Tencent Cloud, the cloud division of the global technology and entertainment company Tencent, to assist smart equipment manufacturers in delivering IoT services to their customers in China. Users of Software AG's Cumulocity IoT application can seamlessly establish their smart device offerings as a SaaS solution within China, ensuring accelerated time to value and return on investment for their clients.
In May 2021, Software AG published new research revealing that 97% of IT leaders believe it would be beneficial to combine the utilization of APIs, microservices and integration, while only 1% say that they do so already. The need for fast and efficient integration between systems, applications, departments, and individuals in enterprise organizations has never been greater, according to 92% of survey respondents. This represents an excellent growth opportunity for Software AG. Software AG’s Truly Connected Enterprise vision is responding to a €28 billion market opportunity. The COVID-19 pandemic has strengthened the imperative for businesses to drive toward having a truly connected enterprise, particularly as they grapple with changes to the working locations, practices, and needs of their employees.
Software AG Risks and Challenges
While APIs, microservices, and integration systems have been widely embraced, there are still barriers that impede their full optimization. Notably, concerns persist regarding the absence of the required skillset across various domains. Other challenges include constrained budgets for microservices investments, a scarcity of staff with the necessary expertise, challenges in managing overall IT environments, complexity, and difficulties in integrating apps and services.
Software AG Ecosystem, Partners, Resellers and SI
In August 2023, Software AG made public the collaboration with SAP, revealing that SAP has consented to integrate its Intelligent Asset Management Suite, encompassing Asset Performance Management (APM), with Software AG's Industrial IoT Platform, Cumulocity IoT. This integration promises customers a seamless connection between products and a comprehensive asset performance management system with closed-loop functionality.
In June 2023, Software AG established a commercial partnership with Konsentus to support banks in safely engaging with the open banking ecosystem. The advent of open banking and open finance acts as an equalizer in the financial services sector, offering avenues for innovation in customer service and the introduction of new financial products.
In May 2021, WAINS GmbH unveiled its innovative digital monitoring system designed to aid exterminators in their tasks. Leveraging Software AG's Cumulocity IoT solution, the system, named Traptice, seamlessly integrates smart pest traps with the Internet of Things (IoT). This technology facilitates early detection of pest infestations, allowing users to promptly implement effective countermeasures. Through the connection to Software AG's Cumulocity IoT platform, exterminators can conveniently utilize an online dashboard to assess the presence or absence of pest infestations, enabling them to conduct routine inspections digitally.
Software AG Cloud Infrastructure Insights
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- Software AG Public Cloud and Infrastructure (IaaS)
- Software AG Platform (PaaS)
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- Software AG Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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