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MarketScreener Homepage  >  Equities  >  Xetra  >  Software    SOW   DE000A2GS401

SOFTWARE

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Software AG : Unveils New Built.io-Powered Cloud Integration Solution

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05/11/2019 | 10:35am EDT

Software AG has unveiled a new multi-function Integration Platform called webMethods.io. The offering combines low-code usability found in Built.io with complex integration control and APIs inside Software AGs webMethods Integration Cloud. The cloud integration solution features more than 300 supported connectors and is available on multiple cloud platforms. This product launch is a result of a merger between Software AG and Built.io in October of last year.

Enterprise cloud integration spending is set to explode this year according to a new global IT spending forecast by research and analyst house Gartner, Inc. Much of that growth will come from Integration Platform as a Service and Application Platform as a Service solutions. Related research commissioned by OpenTexts Liaison Technologies and Forrester Research found that 80 percent of enterprises are currently upgrading or planning to upgrade their data integration technologies.

webMethods.io is built for both professional integration and API developers and citizen developers. The release is headlined by a new workflow UI that connects mobile apps, cloud services, social networking, and devices via prebuilt integration templates and model-driven design. Additionally, support for a variety of standards and protocols is also present, featuring support for REST, SOAP, oData, websockets, JSON, and GraphQL for API providers and consumers.

In a media statement, the companys Chief of Products Stefan Sigg spoke about the news: webMethods.io delivers on our strategic vision for a unified integration, API, B2B and IoT platform. And with this release, we democratize integration by providing citizen integrator support and enabling organizations to reduce their integration backlogs by building intuitive services quickly.

Software AG provides an expansive list of capabilities for a variety of integration scenarios within its webMethods platform. The provider also offers a range of developer experiences depending on the user. The company made its debut in the 2019 Gartner Magic Quadrant for Enterprise Integration Platform as a Service as a market visionary.

(c) All rights are reserved for National Iraqi News Agency / NINA 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (EUR)
Sales 2019 883 M
EBIT 2019 241 M
Net income 2019 150 M
Finance 2019 236 M
Yield 2019 2,89%
P/E ratio 2019 12,1x
P/E ratio 2020 12,3x
EV / Sales2019 1,78x
EV / Sales2020 1,64x
Capitalization 1 805 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 31,78  €
Last Close Price 24,40  €
Spread / Highest target 84,4%
Spread / Average Target 30,2%
Spread / Lowest Target 2,46%
EPS Revisions
Managers
NameTitle
Sanjay Brahmawar Chief Executive Officer
Andreas Bereczky Chairman-Supervisory Board
Arnd Zinnhardt Chief Financial Officer
Bernd Groß Chief Technology Officer
Alf Henryk Wulf Independent Member-Supervisory Board
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