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Share Name | Share Symbol | Market | Type |
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Software AG | TG:SOW | Tradegate | Ordinary Share |
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Software AG today announced the acquisition of the Cloud Platform vendor LongJump, based in Santa Clara, Calif. The acquisition allows Software AG to extend its customer offerings to address departmental and Small and Medium Enterprises (SME) projects through end-user, self-service application development. This gives enterprises the agility and responsiveness needed by customers to address continuously changing business demands. Software AG will also continue to develop and extend LongJump’s Platform-as-a-Service products for fast and flexible cloud based development and deployment of situational and case management applications.
“The digital enterprise is all about real-time business insights driving fast decisions and faster reactions,” said Wolfram Jost, CTO at Software AG. “With this latest acquisition we have taken a major step in optimizing both the business knowledge and IT skills needed to develop flexible, business process driven, situational applications and deploy them rapidly wherever they are needed.”
Key benefits of LongJump include:
“More people across the organization can now participate in processes of innovation and differentiation,” says Pankaj Malviya, CEO and Founder of LongJump. “LongJump can now leverage Software AG’s strength in enterprise connectivity and business process to provide business users and IT departments with more agility to respond to changing business requirements, automate their situational processes, improve team data sharing and integrate with systems of record.”
Software AG believes that the IT industry is going through a game changing revolution driven by Big Data, Cloud, Mobile and Social Collaboration technologies. These four forces are having a profound impact on how enterprises operate and engage with customers, partners and employees. Enterprises must have a unique digital strategy if they are to successfully compete in this new era. Future competitive advantage will be driven by real-time market information, collaborative and rapid business decisions, the ability to respond through agile business applications and processes and by utilizing digital channels to serve customers faster.
LongJump’s technology is fully complementary to Software AG’s ARIS, Terracotta and webMethods product suites extending the company’s business value both within existing enterprise customers and to SMEs. A full roadmap of the integration of LongJump with Software AG’s integration, process and Big Data offerings will be issued in due course.
About Software AG
Software AG (FRA: SOW) helps organizations achieve their business objectives faster. The company’s big data, integration and business process technologies enable customers to drive operational efficiency, modernize their systems and optimize processes for smarter decisions and better service. Building on over 40 years of customer-centric innovation, the company is among the top 10 fastest-growing technology companies in the world and is ranked as a “leader” in 15 market categories, fueled by core product families Adabas and Natural, ARIS, Terracotta and webMethods. Software AG has ca. 5,300 employees in 70 countries and had revenues of €1.05 billion in 2012. Learn more at: www.softwareag.com.
Software AG - Get There Faster
Detailed press information about Software AG, including a picture and multimedia database is available at: www.softwareag.com/us/press
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