Darmstadt, Germany, September 14, 2017 – Software AG (Frankfurt TecDAX: SOW) today continued its Internet of Things innovation drive with the launch of an extended Cumulocity IoT technology portfolio for cloud-based IoT platform services enablement. Cumulocity IoT will address today’s market demand for easy, fast, and scalable IoT solutions to support enterprises of all sizes, regardless of the level of sophistication of their IoT requirements. Recent market research shows that whereas nearly 90 percent of executives surveyed feel the Industrial Internet of Things (IIoT) is critical to their companies’ success, only 16 percent have a comprehensive IIoT roadmap. The new Cumulocity IoT portfolio addresses this gap by offering self-service IoT solutions to enable organizations to develop their own IoT applications and solutions. Supporting customers, partners and suppliers through innovative, collaborative digital business models and “smart” IoT products and services is the driving force behind Software AG’s portfolio strategy.
The Cumulocity IoT portfolio operates at the edge, in the cloud or on premise – giving total customer freedom and choice in designing, building, deploying and upgrading enterprise IoT platform, solutions and services. It includes a range of pre-packaged solutions such as Condition Monitoring, Predictive Maintenance and Track & Trace, as well as quick and easy device and sensor management, thus bringing the worlds of IT and operational technology (OT) together. This freedom of choice allows for faster IoT innovation and adoption at a customer driven pace: from streamlining and efficiency of enterprise production processes – through total customer interaction and increased retention – by developing digital business models and the smart products and services demanded by today’s digital markets.
Cumulocity IoT brings together the power of Software AG’s Digital Business Platform and the original Cumulocity products portfolio into a single, comprehensive and leading IoT portfolio. The Cumulocity IoT portfolio will take full advantage of Software AG’s industry-leading integration, business process, advanced analytics and machine learning capabilities, based on its heritage in enterprise middleware platform leadership.
It meets the needs of two distinct groups in the IoT market :
- Companies using IoT to enhance their own products and services
- IoT service providers seeking to build and commercialize an IoT platfom
Wolfram Jost, Chief Technology Officer, Software AG, noted: “Cumulocity IoT is unique in that it provides enterprises with the ability to very quickly start limited scale, cloud-based IoT projects and, as their sophistication grows, be confident to build IoT platform and IoT services that will grow effortlessly with them. Enterprises can develop and implement IoT services at the optimal balance between risk and ambition, at their pace, at their choice. Cumulocity IoT is already in use by leading technology companies like Deutsche Telekom, Gardner Denver, Octo Telematics, NTT Communication, Reliance Group, and many more. This gives us a head start in our ambition to become a leading Technology provider in the IoT domain.”
Jost continued: “We recently announced a joint venture in the IoT area which fully underlines our commitment to this growing market. The joint venture called ADAMOS is a major IoT collaborative alliance with the leading manufacturing enterprises Dürr, Zeiss, DMG Mori and ASM PT. The purpose of this IoT alliance is to establish global industry standards for the manufacturing sector using Software AG’s Cumulocity IoT as the technology foundation. ADAMOS partners and their customers will be able to leverage a comprehensive IoT platform and services at a fraction of the cost of developing their own solutions in a significantly shorter period of time.”