cumulocity-iot

December 17, 2020

Software AG Secures Syndicated Credit Facility for €300 Million

Darmstadt, Germany - Software AG (Frankfurt MDAX®: SOW) increases its financial flexibility through a syndicated credit line totaling €300 million. The additional back-up line provides the company with a solid source of cash reserves for its transformation process and planned growth in the years to come.

December 11, 2020

Software AG and RE’FLEKT announce strategic partnership

Software AG (Frankfurt, MDAX®: SOW) and Re’flekt, a provider of augmented reality solutions (AR), have agreed to a strategic partnership. The goal is to combine the interactive AR visualizations from RE’FLEKT with real-time machine data from the Cumulocity IoT platform.

November 18, 2020

Software AG increases 2020 bookings guidance following a strong third consecutive quarter of transformation success

Third quarter financial reporting confirms or exceeds preliminary results published October 21 Digital Business growth sustained: Overall digital business bookings plus 17 percent year-on-year; Cloud & IoT bookings growth accelerates to 73 percent year-on-year.

October 21, 2020

Software AG provides third quarter update demonstrating strong bookings growth and continued transformation progress

Digital Business growth sustained: business line bookings growth anticipated in range of 14 to 17 percent Cloud and IoT accelerates: Third quarter bookings growth anticipated in range of approx. 60 percent Subscription shift progressing further: between 75 to 80 percent of third quarter Digital Business bookings were from subscription & Software as a Service (Q3 2019: 58 percent) Annual Recurring Revenue growth for total product business approx.

August 19, 2020

Software AG and du partner to accelerate IoT implementations in UAE

In line with UAEs vision to fast track digital transformation, Software AG (Frankfurt MDAX: SOW) and du, from Emirates Integrated Telecommunications Company (EITC), signed a partnership to provide a subscription-based licensing model for IoT services to its business customers.

July 28, 2020

Software AG and Cotham Technologies partner to boost mobile app development for IoT

Software AG (Frankfurt, MDAX: SOW) and Cotham Technologies have partnered to make native mobile app development for the Internet of Things (IoT) quicker and more cost-effective for any business. Customers of this partnership will cut mobile app development time by up to 90% and costs by up to 70%, thanks to a unique no-code platform approach.

July 22, 2020

Software AG announces Q2 and H1 2020 financial results; delivers strong second quarter and accelerated transformation progress

Darmstadt, Germany, July 22, 2020 – Software AG (Frankfurt MDAX: SOW) today announces preliminary financial figures (IFRS) for the second quarter and first half of fiscal 2020. Despite COVID-19, Software AG delivered robust performance with growth in all its leading business indicators.

July 8, 2020

Software AG and ifm electronic Partner to Deliver Convenient Cloud Connectivity for IoT Devices

Plug-and-play productivity: ifm group’s edge products enable device connectivity with Software AG’s Cumulocity IoT platform. Software AG (Frankfurt MDAX: SOW) and the ifm group, a market-leading industrial automation provider, have announced a partnership that will focus on cloud-based visualization and analysis of sensor data from industrial systems and machinery.

June 2, 2020

Software AG and Tech Mahindra Partner to Deliver IoT and Analytics Innovation for Telco Customers

Partnership uses Software AG’s Cumulocity IoT and webMethods Integration Platforms within Tech Mahindra’s IoT framework to support telecommunications customers. Darmstadt, Germany – June 2, 2020: Software AG (Frankfurt MDAX: SOW) today announced a partnership with Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services and solutions.

April 23, 2020

Software AG announces Q1 2020 financial results, delivering a solid performance against a globally uncertain backdrop

Continued Helix strategy momentum Solid performance in the face of COVID-19 Total Revenue and EBITA (non IFRS) ahead of Analyst Consensus Group Bookings growth +28% / Annual Recurring Revenue DBP +11%

March 16, 2020

A Message from Software AG CEO Sanjay Brahmawar

We are living in unprecedented times. The coronavirus (COVID-19) pandemic has upended societies across the globe and unsettled economies. At times like these, it’s inspiring to see how people are banding together to tackle this crisis and limit its impact on people and business.

March 11, 2020

Software AG Partners with Swift Labs

Software AG (Frankfurt MDAX: SOW) today announced Swift Labs, a Canadian-based wireless and IoT product design partner, has joined its PowerUp Partner Program. Through the strategic partnership, customers will gain access to Software AG’s Cumulocity IoT platform and Swift Labs’ cellular hardware platform powered by “Design Blocks”, to help simplify and rapidly deploy IoT initiatives with the support of real-time, user-friendly operational dashboards and analytics.