Software AG named a visionary in Gartner Magic Quadrant for Industrial IoT Platforms

Software AG positioned furthest for completeness of vision.

Johannesburg, 08 Jul 2019

Software AG (Frankfurt MDAX: SOW), the market leading software provider for business transformation, today announced that Gartner, a leading industry analyst firm, named it a visionary in the “Magic Quadrant for Industrial IoT Platforms”* report for its Cumulocity IoT Platform.

This Magic Quadrant includes niche players and visionaries only, due to the youth of the market.

Software AG was placed furthest for completeness of vision.

With this placement, Software AG believes it is in a position to lead up the IIOT market.

The company believes the recognition of Software AG by Gartner as the vendor positioned furthest for completeness of vision underlines Software AG’s commitment to enabling its customers to quickly and easily bring IIOT visions to life.

Chief Product Officer, Dr Stefan Sigg, Software AG, said: “The industrial Internet of things is our primary focus. By placing in the visionaries quadrant of the Magic Quadrant for industrial IOT platforms, we feel that we prove that our breadth of technologies for successful IOT transformation is going to lead the IOT market. For our customers, the approach of starting small and fast but thinking big and long-term makes it possible to innovate rapidly, while minimising risk and decreasing time to value."

A complimentary copy of the report is available here.

* Gartner Magic Quadrant for Industrial IoT Platforms, Eric Goodness, et al, 25 June 2019

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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