Software AG has expanded its Digital Business Platform with a strategic OEM partnership with Cumulocity, an Internet of Things (IoT) application enablement platform vendor, to offer an IoT foundation for easily and securely connecting devices and extracting value across numerous industrial environments to produce operational efficiencies and create new revenue streams.
By incorporating Cumulocity’s device connectivity and management product, the Digital Business Platform now provides the foundation for enterprises to securely integrate, link and scale to a network of millions of connected devices, distributed globally over thousands of tenants. This enables 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.
Enterprises now 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.
Wolfram Jost, CTO at Software AG, noted: “This strategic OEM partnership combines Software AG’s strength in streaming analytics and integration along with Cumulocity’s device integration. It is now possible to bring together operational technology and integrate it with an enterprise’s IT systems (i.e., CRM, ERP, BI, etc) translating the streaming IoT data into meaningful, actionable information.”
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.
The Digital Business Platform 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 analyzing equipment sensor data in real-time via machine monitoring, operators can determine equipment condition and understand when maintenance will be required.
Bernd Gross, CEO, Cumulocity, said: “We are excited to be selected as a strategic partner with Software AG. We believe that the Software AG and Cumulocity relationship will further help enable the Internet of Things for our industrial customers. The powerful capabilities of Software AG’s Digital Business Platform plus Cumulocity’s ability to tap into sensor data will allow enterprises to create new business models, generate incremental revenue and optimize their operations.“
Jost concluded: “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. Cumulocity brings us the gravitas and leading-edge IoT device integration that, when used with the Digital Business platform, provide an effective go-to-market IoT foundation.”
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