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

Delayed Quote. Delayed  - 02/24 05:35:14 pm
34.94 EUR   +0.58%
02/20 SOFTWARE AG ADD : 2/20/2017
02/15 SOFTWARE AG ANN : Container Edition Published: 2/16/2017
02/14 SOFTWARE : Building Digital Business Platform on Google Cloud
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Software AG Adds Mobile Backend as a Service and Compliance with EU PSD2 to Digital Business Platform Published: 2/20/2017

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02/20/2017 | 10:02am CET
  • Enables companies to expose internal data securely for Mobile applications
  • Positions Financial institutions to be compliant to EU PSD2 Directive
  • Adds MBaaS functionality to Software AG DBP's Integration & API portfolio through new partnership with ApiOmat
  • Allows rapid-prototyping of mobile apps and integration with enterprise IT

Darmstadt, Germany, 2/20/2017

Software AG (Frankfurt TecDAX: SOW) today announced the availability of a new mobile backend as a service (MBaaS) capability. Designed to help developers build web or mobile applications while integrating enterprise applications and APIs exposed by cloud applications, this functionality seamlessly interoperates with the webMethods Hybrid Integration and API Management module of the Software AG Digital Business Platform.

Additionally, the MBaaS functionality works with webMethods Integration and API management products to enable financial institutions to comply with the European Union's PSD2 Directive by 2018. By combining the two solutions, it's possible to rapidly develop mobile apps with a bank's own data while efficiently consuming the APIs from other banks, as well as data from legacy systems, to offer additional services and products.

To implement the MBaaS functionality, Software AG is partnering with ApiOmat, the leading European MBaaS company.

Wolfram Jost, chief technology officer, Software AG, noted: 'One of the goals of the Digital Business Platform is to help enterprise clients transform their ideas into 'live' solutions by offering them an integrated set of technologies and tools to underpin their digital transformation. By partnering with ApiOmat, we're providing clients with additional support, enabling them to deliver apps for all their customers' and employees' preferred front-end interfaces, while drastically speeding up the development and reducing development costs.'

To meet the demands of digital transformation, companies need to take their business to the cloud and integrate their existing systems, while providing end-users with innovative solutions that change how business is done. This is increasingly challenging as the number of front-end devices is growing and companies are launching mobile apps as well as exploring interactive interfaces, such as chat bots and artificial intelligence-driven cognitive applications.

ApiOmat reduces development times by making the consumption of APIs more efficient and generating the essential code that is required to build mobile apps and digital interfaces. Rather than recreating standard app components, ApiOmat provides developers with the capability to implement intuitive design, connect with chat bots about products and inform Siri, Alexa or Google Assistant know about specific services.

Marcel Etzel, ApiOmat's CEO, said: 'ApiOmat helps the enterprise deliver mobile solutions and many of our clients have already integrated their IT systems and data silos with webMethods. So this partnership and integration opens up a new era of possibilities for our customers, as it's never been easier to get enterprise data securely onto apps, websites and into AI.'

The partnership also enables companies to transform the way they develop mobile apps by decoupling the back-end development from the front-end. This lets developer quickly deliver a fully functional rapid prototype that uses test data. When the app concept has been tested and approved, then developers can simultaneously connect enterprise data and build multiple frontends with ApiOmat's generated software development kits.

With the EU's introduction of the Payment Service Directive 2 (PSD2), retail banks have been one of the sectors to benefit most, as they are required to make their customer data available as APIs. ApiOmat works with webMethods Integration and API Management offerings to offer banks compliance with the new regulation, as well as a direct competitive advantage. By combining the two solutions, it's possible to rapidly develop mobile apps with a bank's own data while efficiently consuming the APIs from other banks, as well as data from legacy systems, to offer additional services and products.

Together, ApiOmat and Software AG provide a complete end-to-end solution for connecting, orchestrating and mobilizing enterprise data not only as an API, but as any front-end interface.

About Software AG

The digital transformation is changing enterprise IT landscapes from inflexible application silos to modern software platform-driven IT architectures which deliver the openness, speed and agility needed to enable the digital real-time enterprise.

Software AG offers the first end-to-end Digital Business Platform, based on open standards, with integration, process management, in-memory data, adaptive application development, real-time analytics and enterprise architecture management as core building blocks. The modular platform allows users to develop the next generation of application systems to build their digital future, today.

With over 45 years of customer-centric innovation, Software AG is ranked as a leader in many innovative and digital technology categories. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of €872 million in 2016.

Learn more at www.softwareag.com.

Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany

Detailed press information about Software AG including a picture and multimedia database are available under: www.softwareag.com/press

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Software AG published this content on 20 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 February 2017 09:02:11 UTC.

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Financials (€)
Sales 2017 895 M
EBIT 2017 259 M
Net income 2017 159 M
Finance 2017 207 M
Yield 2017 1,81%
P/E ratio 2017 16,81
P/E ratio 2018 15,54
EV / Sales 2017 2,85x
EV / Sales 2018 2,63x
Capitalization 2 760 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 34,2 €
Spread / Average Target -2,0%
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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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