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also traded as OTCQX
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| logo = [[Image:Software AG.svg|220px]]
| logo = [[Image:Software AG.svg|220px]]
| type = [[Aktiengesellschaft]]
| type = [[Aktiengesellschaft]]
| traded_as = {{FWB|SOW}}
| traded_as = {{FWB|SOW}}<br>{{OTCQX|STWRY}}
| foundation = 1969
| foundation = 1969
| location = [[Darmstadt]], [[Germany]]
| location = [[Darmstadt]], [[Germany]]

Revision as of 14:30, 5 May 2012

Software AG
Company typeAktiengesellschaft
FWBSOW
OTCQXSTWRY
IndustryComputer software
Founded1969
HeadquartersDarmstadt, Germany
Key people
Karl-Heinz Streibich (CEO and chairman of the executive board), Andreas Bereczky (Chairman of the supervisory board)
ProductsBusiness process management software and consulting (including ARIS Express, webMethods, ADABAS, Natural)
Revenue€1.120 billion (2010)[1]
€268.6 million (2010)[1]
€175.4 million (2010)[1]
Total assets€1.600 billion (end 2010)[1]
Total equity€769.3 million (end 2010)[1]
Number of employees
5,640 (FTE, end 2010)[1]
SubsidiariesIDS Scheer
Websitewww.softwareag.com

Founded in 1969, Software AG is an enterprise software company with over 10,000 enterprise customers in over 70 countries. The company is the second largest software vendor in Germany, the fourth in Europe (following SAP's acquisition of Business Objects) and among the top 25 globally. Software AG is traded on the Frankfurt Stock Exchange’s TecDAX under the symbol “SOW”.

History

The company was founded in 1969 by a group of six young employees at the consulting firm AIV (Institut für Angewandte Informationsverarbeitung). ADABAS was launched in 1971 as a high performance transactional database management system. In 1979 Natural, a 4GL application development language, was launched. The company continued to open offices and subsidiaries in North America (1971), Japan (1974), UK (1977), France (1983), Spain (1984), Switzerland, Austria, Belgium and Saudi Arabia (1985). By 1987 Software AG had around 500 employees, 12 subsidiaries in Europe and offices in more than 50 countries. In 1999 Software AG was listed on Frankfurt Stock Exchange, in the same year and starting next year the company released Tamino Information Server and Tamino XML Server.

The company launched Centrasite SOA Governance platform in 2006 and with $546M acquisition of U.S. rival webMethods in 2007 Software AG became one of the leaders in enterprise service bus, business process management and service-oriented architecture (SOA) product space.[2]

In July 2009 Software AG announced a takeover offer for the Germany-based company IDS Scheer AG. Since February 2010 IDS Scheer is part of the Software AG Group.[3] In October 2010, the company acquired New Jersey based Data Foundations, a leading master data management provider.[4]

Products

Software AG is a business infrastructure software provider with products in various technologies like DBMS, application modernization, SOA, BPMS and ESB. The below are few of their products in market.

Services

The company provides educational services to customers as well as individual consultants. Trainings can be availed at Software AG training centres or online. Software AG also conducts certification exams for consultants.[5]

Apart from educational services, the company provides consulting services to its customers. The company has a Offshore Global Consulting Services division located in Bangalore, India.[6]

Awards and recognition

  • 2010 A leader in the Forrester Wave for Business Process Management Suites BPMS, Q3 2010
  • 2010 Placed in the Gartner Leaders Quadrant for the Magic Quadrant for delivering service-oriented architecture (SOA) SOA Governance technologies to the marketplace Q2 2010
  • 2009 A leader in the Forrester Wave for Enterprise Service Buses, Q1, 2009
  • 2008 A leader in the Forrester Wave for Integration-Centric BPM Suites, Q4 2008
  • 2008 Placed in the Gartner Leaders Quadrant of the Magic Quadrant for B2B Gateway Providers
  • 2008 Placed in the Gartner Leaders Quadrant for the Magic Quadrant for Application Infrastructure for SOA Composite Application Projects
  • 2008 Placed in the Gartner Leaders Quadrant for the Magic Quadrant for Application Infrastructure for Back-End Application Integration Projects
  • 2008 Placed in the Gartner Leaders Quadrant of the Magic Quadrant for Business Process Management Suites BPM
  • 2008 Placed in the Gartner Leaders Quadrant of the Magic Quadrant for Integrated SOA Governance Technology Sets

References

  1. ^ a b c d e f "Annual Report 2010" (PDF). Software AG. Retrieved 5 May 2011.
  2. ^ http://www.softwareag.com/corporate/company/companyinfo/history/default.asp
  3. ^ "The domination and profit transfer agreement between Software AG and IDS Scheer AG now registered"
  4. ^ http://www.businessweek.com/news/2010-10-26/software-ag-raises-forecast-on-profit-gain-ids-scheer-purchase.html
  5. ^ http://www.softwareag.com/corporate/service/gcs_2010/sols_serv/education/default.asp
  6. ^ http://www.softwareag.com/corporate/images/Offshore_Dlv_Center_FS_Jul10_tcm16-75642.pdf