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4-Traders Homepage  >  Equities  >  Xetra  >  Software AG    SOW   DE0003304002

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Software : extends IoT with Cumulosity

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05/27/2017 | 02:24pm CEST

Software AG recently acquired Cumulocity, which will bolster the Internet of Things (IoT) capability of the company, unlocking more potential for many of their clients globally.

With this acquisition we will be able to embed award-winning IoT solutions into our existing portfolio. This will allow our customers to integrate their IT applications with operational IoT devices, says Mohamed Cassoojee, Vice President of Software AG South Africa. This provides further ease of use, flexibility and delivers increased business value for our customers.

Software AGs acquisition of Cumulocity is a step toward the expansion of its technology leadership in the IoT area, and follows the successful acquisition of the artificial intelligence company, Zementis in December 2016. The cooperation between Software AG and Cumulocity started in 2015 in the context of a strategic IoT partnership and therefore initiating a merger was the next logical step.

Software AG had already embedded Cumulocitys IoT Cloud Platform into its Digital Business Platform software portfolio two years ago. The combination of the Digital Business Platform and Cumulocitys Application and Device Management technology reduces the complexity of the IoT and allows the scalable and flexible management of networks of millions of devices. In addition, enterprises can also integrate IoT edge devices with any existing IT application and deploy other Digital Business Platform software products to those devices.

This acquisition is an exciting one for us as we see opportunity and growth in the Internet of Things and Industry 4.0 sectors in South Africa. This acquisition not only bolsters our technological market leadership but provides our customers with access to a product portfolio that combines the data from physical sensors with innovative, analytical solutions, says Cassoojee.

Cumulocity technology completes Software AGs portfolio of core Internet of Things software services. These are streaming analytics, on-premise, cloud and hybrid, and now IoT device integration, in-memory technology, dynamic process management and IoT edge device management.

Making full use of Software AGs portfolio, enterprises can ideally operate at the interface of human and artificial intelligence. Complementary products for the analysis, evaluation and visualisation of real-time, historical and predictive data ensure the optimal use of artificial intelligence in decision making processes.

Remote monitoring and the control of machines in production diagnostics or in predictive maintenance are exemplary industry areas of application. As well as the acquisition of Zementis, Software AG has announced major, strategic IoT or Industry 4.0 alliances with major corporations in recent months including Bosch, Octo, Dell and Huawei.

(c) All Rights Reserved - Mubasher Info 2005 - 2017 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2017 903 M
EBIT 2017 262 M
Net income 2017 156 M
Finance 2017 147 M
Yield 2017 1,49%
P/E ratio 2017 20,63
P/E ratio 2018 18,76
EV / Sales 2017 3,44x
EV / Sales 2018 3,19x
Capitalization 3 252 M
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Mean consensus HOLD
Number of Analysts 21
Average target price 37,2 €
Spread / Average Target -13%
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Karl-Heinz Streibich Chief Executive Officer
Andreas Bereczky Chairman-Supervisory Board
Arnd Zinnhardt Chief Financial Officer
Wolfram Jost Chief Technology Officer
Alf Henryk Wulf Member-Supervisory Board
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