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SOFTWARE

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Software : Recognizes Digital Transformation Leaders With Its Powerup Partner Awards 2017

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01/18/2018 | 08:39am EST

Awards Presented at Software AG Sales Kick-Off in Madrid, Spain

Darmstadt, Germany, Thursday, January 18, 2018

Software AG (Frankfurt TecDAX: SOW) announced today the recipients of its 2017 PowerUp Partner Awards. The winners were selected from a competitive field of nominations from Software AG's expanding partner eco-system that best showcase their use of the Digital Business Platform to accelerate and simplify our customers' digital transformation journey.

Software AG is honored to announce the winners: Infosys for Global Go-to-Market Excellence, Deutsche Telekom for Solution Excellence, HCL Technologies for Customer Excellence, and Visual Enterprise Architecture for Market Excellence.

The awards were presented by Eric Duffaut, Software AG Chief Customer Officer, at Software AG's Global Sales Kick-Off 2018 in Madrid, Spain: 'It is only through collaboration, co-innovation and deep partner relationships that the wide range of expertise needed to accelerate our customer's digital transformations can be optimized. This year we had the difficult choice of deciding which of 38 innovative partners' nominations exemplified our customer centric market approach and displayed practical innovation in rapidly returning business value. My congratulations to Infosys, Deutsche Telekom, HCL Technologies and Visual Enterprise Architecture for their outstanding capabilities and achievements in making our joint customers win in the digital world'.

Infosys: PowerUp Partner Award for Global Go-to-Market Excellence
Infosys, a global leader in technology services & consulting, is recognized with the PowerUp Partner Award for Global Go-to-Market Excellence. Infosys's domain expertise and deep customer relationships were key success factors behind the large number of projects they supported across the globe-notably in the United Arab Emirates, Australia and United States. Infosys is expert in using Software AG's Digital Business Platform to help businesses digitalize mission-critical services. In addition, Infosys offers Software AG's Alfabet IT Portfolio Management as a service to any industry.

The other finalists for Global Go-to-Market Excellence were Cognizant and HCL Technologies.

Deutsche Telekom: PowerUp Partner Award for Solution Excellence
Deutsche Telekom, one of the world's leading telecommunications companies, is recognized for building Internet of Things (IoT) solutions on top of Software AG's Digital Business Platform and aggressively taking the solution to market. As the cornerstone of its Machine-to-Machine (M2M) / IoT solutions and services for enterprises, Deutsche Telekom now offers their own branded 'Cloud of Things' IoT Platform-powered by Software AG's Cumulocity IoT,. As one of Software AG's first partners to leverage Cumulocity IoT, Deutsche Telekom's 'Cloud of Things' is already used by leading companies in Europe.

The other finalists for Solution Excellence were CapGemini and Savangard.

HCL Technologies: PowerUp Partner Award for Customer Excellence
HCL Technologies, a multinational IT services company, is recognized for providing exceptional value to our mutual customers by delivering Digital Transformation projects. As the digital transformation partner of a leading global mobile services company, HCL successfully designed and delivered a 21st century Supply Chain Management (SCM) platform on Software AG's Digital Business Platform. The platform serves more than 40,000 retailers. HCL's unique expertise and success helped positioning Software AG as a strategic partner of the customer.

The other finalists for Customer Excellence were CloudGen and Cognizant.

Visual Enterprise Architecture: PowerUp Partner Award for Market Excellence
Visual Enterprise Architecture (VEA), a North American strategic consultancy focused on business process performance, enterprise architecture, and IT portfolio management, is recognized with the PowerUp Partner Award for Market Excellence. A Software AG partner for 18 years, VEA is committed to providing strategic services and solutions to optimize business processes, align IT landscapes to business needs, and manage IT portfolios so, the right decisions and plans are made to ensure IT will support the business of the future. Thanks to their domain expertise on Software AG solutions-especially ARIS for Business Process Analysis (BPA) and Alfabet for both IT Portfolio Management (ITPM) and Enterprise Architecture Management (EAM) - VEA has built a strong market relevance with tremendous customer successes.

The other finalists for Market Excellence were Ferrologic and Scheer Group.

Software AG published this content on 18 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 January 2018 13:39:03 UTC.

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Financials (€)
Sales 2019 900 M
EBIT 2019 252 M
Net income 2019 161 M
Finance 2019 270 M
Yield 2019 2,24%
P/E ratio 2019 15,22
P/E ratio 2020 14,43
EV / Sales 2019 2,37x
EV / Sales 2020 2,18x
Capitalization 2 405 M
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 21
Average target price 39,5 €
Spread / Average Target 22%
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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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