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Software AG Ranked as a Leader in the Big Data Streaming Analytics Platforms Report by Independent Research Firm
|By Business Wire
|July 18, 2014 08:02 AM EDT
Software AG was among the select companies that Forrester Research,
Inc., a leading independent research firm, invited to participate in its
report, “The Forrester Wave™: Big Data Streaming Analytics Platforms, Q3
20141”. In this evaluation, Software AG
received top scores in the Current Offering and Strategy Categories, and
among the highest scores in the Market Presence Category. Software AG’s
Apama Complex Event Processing platform, part of the company’s
Intelligent Business Operations (IBO) offering, was evaluated.
Citing Software AG as a company with a “…vision (that) puts real-time
customer experience first”, Forrester highlighted several features
that landed Software AG’s in the Streaming Analytics Leader category,
Stream Processing - “Software AG IBO provides comprehensive
streaming operators. Filtering, aggregation, location-based, time
windows, temporal patterns, query enrichment, action interfaces, and
Visualization tools – “Software AG IBO provides a rich
Web-based UI framework that enables the building of direct client UIs
and the binding (mashup) of separate data sources that can be merged,
analyzed and then mapped to a flexible set of real-time visualization.”
Data sources – “Software AG IBO supports more than 100
input/output protocol and industry data adapters. Software AG provides
a developer toolkit to build customer adapters.”
Dr. Wolfram Jost, Chief Technology Officer and member of the Executive
Board at Software AG, said: “I believe that this report echoes the
feedback we receive from our customers, who acknowledge the tremendous
competitive value they gain when using Software AG’s Intelligent
Business Operations (IBO) solutions. Streaming Analytics is at the core
of our IBO offering and is the basis upon which companies can manage
fast ‘Big Data’ and the increasing impact of the ‘Internet of Things’.”
Streaming Analytics is fundamental to enterprises deriving maximum
knowledge, value, and competitive advantage from the rapidly growing
Internet of Things (IoT). It is estimated that the IoT will add nearly
two trillion dollars in economic value by 2020 through opening new and
diverse markets and channels. Enterprises that need to implement
innovative and flexible business models that can rapidly address new
markets must first be able to identify market movements and changing
requirements in real-time. Streaming analytics provides this capability.
To address this, Software AG’s Apama and Terracotta products are built
on an in-memory architecture that enables real-time processing of
extremely fast, large data volumes -- orders of magnitude larger than
traditional database based IT architectures. Uniquely, they can combine
in-memory, historical process discovery and performance monitoring data
with real-time business operational data streams. Continuous analytics
on streaming data can be performed to identify business patterns, which
have happened or are about to happen. Visualizations and visual
analytics for business users support both human-oriented and automated
David Walker, IT Strategist and Architect at DBS Bank, one of the
largest and most prominent institutions in Asia and a Software AG
"Over the last three years our bank has been leveraging the power of
streaming analytics in multiple areas including real-time fraud
detection and location-based marketing and cross-sell. With our
real-time fraud detection system, we provide our customers with
unparalleled protection in the region; while our right-time
location-based marketing and cross-sell solutions offer our customers
pin point advice and offers to suit their needs. The Software AG
streaming analytics solution delivers tremendous value rightly
recognised in the market."
Apama is deployed in numerous organizations worldwide: for example in
financial services with banks such as in Australia and New Zealand Bank,
the Royal Bank of Canada and Unicredit, in manufacturing with Manuvis,
logistics with Royal Dirkzwager and in telecommunications with Turkcell.
Jay Johnson, President and Chief Executive Officer, Software AG North
America noted: “All too often, companies are conducting ‘rearview
mirror’ analysis and miss potential opportunities or threats. Using
Software AG’s Apama and Terracotta products as part of our IBO solution,
business leaders can now receive up-to-the-minute information and
analysis, and consequently they make the best decisions at the right
The complete report is available at www.softwareag.com/recognition.
Further information at the microsite.
About Software AG
Software AG (Frankfurt TecDAX: 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 ranked as a "leader" in
fourteen market categories, fueled by core product families
Adabas-Natural, ARIS, Alfabet, Apama, Terracotta and webMethods.
Software AG has more than 4,600 employees in 70 countries and had
revenues of €973 million in 2013.
Software AG - Get There Faster
Software AG | 11700 Plaza
America Drive | Reston, VA | 20190
Detailed press information about Software AG including a picture and
multimedia database are available under: www.softwareag.com/press
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