Software AG now integrates the IT world with IoT devices and operational technology
Software AG has acquired Cumulocity, an Internet of Things (IoT) application enablement platform vendor, for an undisclosed sum.
The enterprise software firm said the acquisition further bolsters its position in the IoT market, following the purchase of the artificial intelligence company Zementis last year.
Software AG added in a statement that securing Cumulocity’s technology completes its portfolio of core IoT software services. These are streaming analytics, on-premise, cloud and hybrid – and now IoT device – integration, in-memory technology, dynamic process management and IoT edge device management.
“The Internet of Things and Industry 4.0 are central growth markets for Software AG and for the entire technology sector, said Karl-Heinz Streibich, chief executive officer, Software AG.
“With the acquisition of Cumulocity, we are strengthening our technological market leadership and facilitating our customers’ access to the Internet of Things. They benefit from an expanded, holistic product portfolio that combines the data from physical sensors with innovative, analytical software solutions.”
Based on a strategic partnership, Software AG embedded Cumulocity’s IoT Cloud Platform into its Digital Business Platform software portfolio two years ago.
The combination of the Digital Business Platform and Cumulocity’s application and device management technology reduces the complexity of the Internet of Things and allows the scalable and flexible management of networks of millions of devices.
Additionally, enterprises can integrate those IoT edge devices with any existing IT application and deploy other Digital Business Platform software products to those devices.
“The successful cooperation between Software AG and Cumulocity started in 2015 in the context of a strategic IoT partnership -- the merger is a next logical step,” added Bernd Gross, chief executive officer, Cumulocity.
“We are convinced that we will be able to accelerate our success story as part of Software AG. Especially our partners and customers will benefit from the merger of both companies.”
In addition to the acquisition of Zementis, Software AG has announced major, strategic IoT or Industry 4.0 alliances with major corporations in recent months including Bosch, Octo, Dell and Huawei.
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Enterprising IoT partnership
Software AG and Cumulocity want to offer cloud-ready, end-to-end IoT platform and device integration with best-of-breed streaming IoT analytics for enterprises