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Software AG extends its Internet of things technology leadership by acquiring Cumulosity


Johannesburg, 26 May 2017

Software AG recently announced its acquisition of Cumulocity, based in Dusseldorf, Germany, 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 AG's 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 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 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 AG's portfolio of core Internet of things software services. These are streaming analytics, on-premises, 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 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.

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Software AG

Software AG empowers customers to innovate, differentiate and win in the digital world. Its products help companies combine existing systems on-premises and in the cloud into a single platform to optimise and digitise their businesses. The combination of process management, data integration and real-time analytics in one Digital Business Platform enables customers to drive operational efficiency, modernise their systems and optimise processes for smarter decision-making. Building on over 45 years of customer-centric innovation, Software AG is ranked a leader in many innovative IT categories. Software AG has more than 4 300 employees in 70 countries and had total revenues of EUR873 million in 2015. Learn more at www.softwareag.com.

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Rethabile Lechela
Epic MSLGroup
rethabile.lechela@epicmslgroup.com