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Software AG Named a Leader in 2021 Magic Quadrant™ for Industrial IoT Platforms
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Rhea-AI Summary
Software AG has been recognized as a Leader in the Gartner Magic Quadrant for Industrial IoT. This acknowledgment underscores the company's commitment to helping businesses achieve digital transformation through enhanced efficiency and productivity. The company emphasizes the importance of having robust systems to manage supply chain volatility and improve manufacturing processes. Software AG aims to exceed €1 billion in annual revenue by 2023, reflecting its growth strategy and market competitiveness.
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Named a Leader in Gartner Magic Quadrant for Industrial IoT.
Focus on enhancing manufacturers' efficiency and supply chain management.
Aiming to exceed €1 billion in annual revenue by 2023.
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RESTON, Va.--(BUSINESS WIRE)--
Software AG (Frankfurt MDAX: SOW) has announced that Gartner® has named the company a Leader in the Magic Quadrant for Industrial IoT (IIoT)*. Software AG recognizes that the success of digital transformation required around IIoT initiatives rely on people and culture more than anything else. At a time when manufacturers are looking for ways that their people can be more effective and their processes more efficient, having the right tools in place is crucial.
Dr. Stefan Sigg, CPO at Software AG, commented: “Manufacturers are under many pressures, not only around the efficiency of their processes, but also from the volatility of their up- and down-stream supply chains. They need reliable systems to anticipate, identify and respond to early-warning signals to make their production lines as efficient and resilient as possible. Moving to a hybrid cloud environment will also help collaborate more effectively with their partners, suppliers and customers. This mission to be truly connected is something that we’re happy to support our customers with – and our capabilities are validated with this Magic Quadrant.”
To view a complimentary copy of the Magic Quadrant report and to learn more about Software AG’s strengths and capabilities, among other provider offerings, see here.
To learn more about the latest from Software AG, attend the IoT World on November 3-4, in Santa Clara, CA in booth A1570 where Software AG will be in the partner pavilion demonstrating Digital Twin technology in the Microsoft booth.
*Gartner Magic Quadrant for Industrial IoT Platforms, by Analyst(s): Alfonso Velosa, Ted Friedman, Katell Thielemann, Emil Berthelsen, Peter Havart-Simkin, Eric Goodness, Matthew Flatley, Lloyd Jones, Kevin Quinn; 18 October 2021
Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in our 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 research organization 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.
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reservedof Gartner research organization 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.
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment withyour unique business and technology needs.
About Software AG
Software AG is the software pioneer of a truly connected world. Since 1969, it has helped 10,000+ organizations use software to connect people, departments, systems and devices. Software AG empowers truly connected enterprises using integration & APIs, IoT & analytics and business & IT transformation. Software AG’s products establish a fluid flow of data that allows everything and everyone to work together. The company has more than 4,700 employees across more than 70 countries and annual revenue of over €800m, with the aim of exceeding €1bn by 2023.
