Software AG (Frankfurt TecDAX: SOW) today announced the acquisition
of Cumulocity GmbH (“Cumulocity”), based in Dusseldorf, Germany.
Cumulocity develops innovative solutions for the Internet of Things
(IoT) offering connectivity for networked digital devices and sensors
through a cloud-hosted IoT device management and application enablement
platform. Embedding Cumulocity’s IoT solutions into Software AG’s
portfolio allows enterprises to integrate their IT applications with
operational IoT devices – providing maximum ease of use, flexibility and
ultimately business value. For Software AG, the acquisition of
Cumulocity is a further step in the expansion of its technology
leadership in the IoT area, following the successful acquisition of the
artificial intelligence company Zementis in December 2016. Financial
details of the transaction were not disclosed.
Based on a strategic partnership, Software AG embedded Cumulocity’s IoT
Cloud Platform into its Digital Business Platform software
portfolio two years ago. The combination of the Digital
Business Platform and Cumulocity’s Application and Device Management
technology reduces the complexity of the Internet of Things and allows
the scalable and flexible management of networks of millions of devices.
Additionally, enterprises can integrate those IoT edge devices with any
existing IT application and deploy other Digital Business Platform
software products to those devices.
Karl-Heinz Streibich, Chief Executive Officer, Software AG said: “The
Internet of Things and Industry 4.0 are central growth markets for
Software AG and for the entire technology sector. With the acquisition
of Cumulocity, we are strengthening our technological market leadership
and facilitating our customers’ access to the Internet of Things. They
benefit from an expanded, holistic product portfolio that combines the
data from physical sensors with innovative, analytical software
Bernd Gross, Chief Executive Officer, Cumulocity added: “The successful
cooperation between Software AG and Cumulocity started in 2015 in the
context of a strategic IoT partnership - the merger is a next logical
step. We are convinced that we will be able to accelerate our success
story as part of Software AG. Especially our partners and customers will
benefit from the merger of both companies.”
The acquisition of Cumulocity technology completes Software AG’s
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 AG’s portfolio, enterprises can ideally
operate at the interface of human and artificial intelligence.
Complementary products for the analysis, evaluation and visualization 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.
In addition to 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.
Cumulocity is the leading Internet of Things (IoT) device management and
application enablement platform. Cumulocity is used by brands, including
Deutsche Telekom, Software AG and Gardner Denver, to power IoT solutions
in manufacturing, fleet management, consumer electronics and many more.
Our platform incorporates real-time analytics and visualization, and can
be easily tailored via publicly documented APIs and our open UI
framework. Cumulocity is available in the cloud, on-premise or as a
hybrid. Carrier grade security, scalability and reliability provide the
assurance needed to manage millions of IoT devices. Our active partner
eco-system, 2,500 strong developer community and GTM support ensure our
partners and customer’s success. Learn more at www.cumulocity.com
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.
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