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Enterprising IoT partnership

Enterprises can connect and manage any ‘thing’, independent of hardware and protocols, to any application or process in their business ecosystem

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The partnership will help enterprises implement new IoT business models
The partnership will help enterprises implement new IoT business models

Software AG has forged a strategic OEM alliance with Cumulocity, an Internet of Things (IoT) application enablement platform vendor, to help support digitally transforming enterprises to implement new IoT business models.

 

According to the enterprise software firm, incorporating Cumulocity’s device connectivity and management product into its digital business platform provides the foundation for enterprises to securely integrate, link and scale to a network of millions of connected devices. This will enable a plethora of IoT-use cases such as remote machine monitoring and control, production diagnostics, predictive maintenance and remote service across several markets and industries worldwide from their data streams, it said.

 

Enterprises have the ability to connect and manage any ‘thing’, independent of hardware and protocols, to any application or business process in their enterprise or business ecosystem helping to produce operational efficiencies and create new revenue streams, it added.

 

The digital business platform also removes the guesswork from product development by collecting data about how products function, as well as how they are actually used. For example, by continuously analysing equipment sensor data in real-time via machine monitoring, operators can determine equipment condition and understand when maintenance will be required.

 

Apama Streaming Analytics helps with the creation of operational technology by correlating the IoT data. Operational technology data is often provided as streams of measurements, which can then be enriched with other contextual and historical data sources arising from IT systems. Based on a set of applied rules, this information can then be used to take action, generate an alert, or kick off a business process.

 

“We have been working with Cumulocity for over a year and are building a tight relationship through the demand of our joint customers across industries such as insurance, pharma, manufacturing, retail and utilities,” said Wolfram Jost, chief technology officer, Software AG.

 

“Cumulocity brings us the gravitas and leading-edge IoT device integration that, when used with the digital business platform, [will] provide an effective go-to-market IoT foundation.”

 

 

 

 

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