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Software AG
Software GmbH, trading as Software AG, is a German multinational software corporation that develops enterprise software for business process management, integration, and big data analytics. Founded in 1969, the company is headquartered in Darmstadt, Germany, and has offices worldwide. In 2023, Silver Lake and Bain Capital made separate offers to buy the German company. In June, Software AG had most of its controlling interest acquired by Silver Lake, in a deal valued at 2.4 billion euros. History The company was founded in 1969 by six young employees at the consulting firm AIV (Institut für Angewandte Informationsverarbeitung). One of the founders was the mathematician Peter Schnell, who later became chairman of the board for many years. ADABAS was launched in 1971 as a high-performance transactional database management system. In 1979, Natural, a 4GL application development English-like language, that was mainly developed by Peter Pagé, was launched. The company continued ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ...
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JackBe
JackBe Corporation was a privately held vendor of enterprise mashup software for real-time intelligence applications. In August 2013 JackBe was acquired by Software AG. JackBe's flagship product is an enterprise mashup platform called Presto, which is used for enterprise mashups, business management dashboards, and real-time intelligence applications. Enterprise Mashup Products JackBe’s main product, Presto, is an enterprise mashup platform. Presto provides real-time intelligence through functionality for self-service, on-demand data integration, and business dashboards. JackBe launched a cloud computing-based version of its Presto product in March 2010. It is hosted on Amazon EC2. Jackbe launched Mashup Sites for SharePoint (MSS) in July 2010 Jackbe announced an Enterprise App Depot in 2010, as a platform for creating internal application directories. The Enterprise App Depot is aimed at non-developers (business users), allowing them to create new business applications and t ...
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Progress Software
Progress Software Corporation is an American public company that produces software for creating and deploying business applications. Founded in Burlington, Massachusetts with offices in 16 countries, the company posted revenues of $531.3 million (USD) in 2021 and employs approximately 2100 people. History 1980s: DLC to Progress Software Progress Software was co-founded by several MIT graduates, including Joseph W. Alsop, Clyde Kessel, and Chip Ziering in 1981. Originally called Data Language Corporation (DLC), the company changed its name to Progress Software in 1987, the same name of its main product, Progress. 1990s: Public company In 1991, Progress Software joined the NASDAQ. 2000s: Broad expansion In 2002, Progress Software acquired Stylus Studio developer eXcelon Corporation for approximately $24 million. In 2003, Progress Software acquired DataDirect Technologies for $88 million. In 2004, Progress Software acquired Persistence Software for $16 million. In 2 ...
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Complex Event Processing
Event processing is a method of tracking and analyzing (processing) streams of information (data) about things that happen (events), and deriving a conclusion from them. Complex event processing (CEP) consists of a set of concepts and techniques developed in the early 1990s for processing real-time events and extracting information from event streams as they arrive. The goal of complex event processing is to identify meaningful events (such as opportunities or threats) in real-time situations and respond to them as quickly as possible. These events may be happening across the various layers of an organization as sales leads, orders or customer service calls. Or, they may be news items, text messages, social media posts, business processes (such as supply chain), traffic reports, weather reports, or other kinds of data. An event may also be defined as a "change of state," when a measurement exceeds a predefined threshold of time, temperature, or other value. Analysts have suggest ...
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Apama (software)
Apama is a complex event processing (CEP) and event stream processing (ESP) engine, developed by Software AG. Apama serves as a platform for performing streaming analytics over a range of high volume/low latency inputs and applications, such as IoT devices, financial exchanges, fraud detection, social media and similar. History Apama Ltd. was founded in 1999 by Dr John Bates, Dr Giles Nelson and Dr Mohamad Afshar, who met while undertaking research at the Cambridge University Department of Computer Science and Technology. It was acquired by Progress Software for $25 million in 2005. In 2013, Software AG acquired it from Progress for an undisclosed amount. See also * Complex event processing (CEP) - A related technology for building and managing event-driven information systems. * Data Stream Management System (DSMS) - A type of software system for managing and querying data streams * Event correlation * Event-driven architecture — (EDA) is a software architecture p ...
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Enterprise Architecture
Enterprise architecture (EA) is a business function concerned with the structures and behaviours of a business, especially business roles and processes that create and use business data. The international definition according to the Federation of Enterprise Architecture Professional Organizations is "a well-defined practice for conducting enterprise (economics), enterprise analysis, design, planning, and implementation, using a comprehensive approach at all times, for the successful development and execution of strategy. Enterprise architecture applies architecture principles and practices to guide organizations through the business, information, process, and technology changes necessary to execute their strategies. These practices utilize the various aspects of an enterprise to identify, motivate, and achieve these changes." The United States Government, United States Federal Government is an example of an organization that practices EA, in this case with its Capital Planning an ...
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Master Data Management
Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets. Reasons for master data management * Data consistency and accuracy: MDM ensures that the organization's critical data is Consistency (database systems), consistent and accurate across all systems, reducing discrepancies and errors caused by multiple, siloed copies of the same data. * Improved decision-making: By providing a single version of the truth, MDM aims to have business leaders make informed, Data-informed decision-making, data-driven decisions, and improve overall business performance. * Operational efficiency: With consistent and accurate data, operational processes such as reporting, inventory management, and customer service become more efficient. * Regulatory compliance: MDM tries to help organizations comply with industry ...
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IDS Scheer
IDS Scheer was a software company that developed, marketed, and supported Business Process Management (BPM) software. It has been regarded as the founder of the BPM industry. The company was established in 1984 by August-Wilhelm Scheer who also served as supervisory board chairman and Chief Technology Advisor, as a spin-off from the Institute for Information Systems. The company was centered around selling products and services based on Dr. Scheer's early Y-Model, developed in the 1980s . In 2009 it was acquired by Software AG. IDS Scheer had a dominant BPM market-share in Europe and was considered well-positioned in the US market based on its partnerships with Microsoft, SAP, HP, Oracle, IBM and TIBCO as well as consistent financial success and numerous favorable reports from Gartner, Forrester, and AMR Research. However, the company is less well known in the US market, warranting some in the US to call IDS Scheer a "better kept secret." Its product held the unique distin ...
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Service-oriented Architecture
In software engineering, service-oriented architecture (SOA) is an architectural style that focuses on discrete services instead of a monolithic design. SOA is a good choice for system integration. By consequence, it is also applied in the field of software design where services are provided to the other components by application components, through a communication protocol over a network. A service is a discrete unit of functionality that can be accessed remotely and acted upon and updated independently, such as retrieving a credit card statement online. SOA is also intended to be independent of vendors, products and technologies. Service orientation is a way of thinking in terms of services and service-based development and the outcomes of services. A service has four properties according to one of many definitions of SOA: # It logically represents a repeatable business activity with a specified outcome. # It is self-contained. # It is a black box for its consumers, meaning ...
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Business Process Management
Business process management (BPM) is the discipline in which people use various methods to Business process discovery, discover, Business process modeling, model, Business analysis, analyze, measure, improve, optimize, and Business process automation, automate business processes. Any combination of methods used to manage a company's business processes is BPM. Processes can be structured and repeatable or unstructured and variable. Though not required, enabling technologies are often used with BPM. As an approach, BPM sees processes as important assets of an organization that must be understood, managed, and developed to announce and deliver value-added products and services to clients or customers. This approach closely resembles other total quality management or continual improvement process methodologies. ISO 9000:2015 promotes the process approach to managing an organization. ...promotes the adoption of a process approach when developing, implementing and improving the effe ...
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