Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Software    SOW   DE000A2GS401

SOFTWARE

(SOW)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Software : launches Alfabet FastLane for quick and easy IT portfolio management in the cloud

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2019 | 03:59am EDT

Darmstadt, Germany, Tuesday, April 23, 2019

Today Software AG (Frankfurt MDAX: SOW), the market-leading software provider for business transformation, announced the release of Alfabet FastLane, a new Software as a Service (SaaS) solution that offers organizations the means to quickly and easily set up an IT portfolio management (ITPM) practice for governance and optimization of their IT landscape. Alfabet FastLane comes with pre-configured portfolio analyses, pre-built reports and dashboard views that provide commonly needed answers on portfolio issues, step-by-step guidance for data entry and user assistance to aid in task completion. Built on best practices gleaned from years of experience as the market leader in ITPM, Alfabet FastLane provides CIOs, IT directors and other senior IT staff a pragmatic, proven tool that can be used to improve business and IT agility, create operational efficiencies, and manage IT costs.

Delivering value within days - not months

A challenge often encountered by organizations when implementing a portfolio management tool is the time and effort needed to get the product up and running at a level sufficient to allow staff to take effective, no-risk decisions on business and IT change. The ability of the IT to reliably support business initiatives is questioned and organizational effectiveness hampered. Alfabet FastLane requires no set up, configuration or training. Product navigation is intuitive, loading portfolio data is straight-forward and the analyses needed to direct decisions are delivered out-of-the box. Eighteen ready-to-go reports - 'Business Questions' in Alfabet FastLane - answer questions around governance, transparency, rationalization, road-mapping and risk. These reports show portfolio aspects such as application numbers, portfolio redundancies, architectural dependencies, cost drivers, use of sensitive data and technical debt. Alfabet FastLane lets organizations focus on essential data and not ITPM tools and processes for faster time-to-value.

'The pace of our customers' business environments has increased tremendously with digitalization and global competition. Agility is key and growing businesses have neither the time nor capacity to build their own portfolio management practice to manage IT landscapes that are increasing in size and complexity. Software AG's many years of partnering with strategic planning and portfolio management industry leaders has given us an understanding of what is truly essential in IT to drive business innovation,' said Dr. Stefan Sigg, Chief Product Officer of Software AG. 'Alfabet FastLane's out-of-the-box approach absolutely addresses the needs of smaller IT teams and companies preferring a self-service software tool that will get them up to speed quickly.'

Alfabet FastLane key features

  • Quick set-up, instant ITPM to deliver value fast: Pure SaaS offering; zero configuration and implementation needed. Delivers value quickly and easily with pre-defined business questions, reports, roles and simple, guided data upload. Enables focus on building the enterprise repository instead of tool configuration. Provides instantly meaningful, actionable IT insights for improved business support.
  • Complex IT portfolio management made easy: Manages business, application, information and technology portfolios in one easy-to-use interface, offering immediate insight into the level of data governance and completeness across portfolios to highlight potential action areas and gaps in architecture understanding.
  • Business questions answered: Relates IT portfolio management to business outcomes for a successful ITPM practice that delivers real value. Alfabet FastLane provides answers to business-relevant questions to help analyze portfolios and gain instant insights - using pre-configured reports and executive-ready graphical dashboards.
  • Frequent innovation cycles: Bi-weekly product updates delivering new features developed in collaboration with Alfabet FastLane customers.

Alfabet: Market-leading product portfolio

The Alfabet product portfolio has consistently been ranked as a leader by analysts for its enterprise architecture and portfolio management solutions, shaping the market and leading in innovation for over a decade. Alfabet FastLane is built on best practices and a proven methodology based on years of experiences. Alfabet FastLane is fully extensible into Alfabet's enterprise-grade solution.

Find out more on: http://alfabetfastlane.com

Disclaimer

Software AG published this content on 23 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 April 2019 07:58:11 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SOFTWARE
08/19SOFTWARE AG : Release according to Article 40, Section 1 of the WpHG [the German..
EQ
08/07SOFTWARE AG : Release according to Article 40, Section 1 of the WpHG [the German..
EQ
08/01EVENT STREAM PROCESSING MARKET TO WI : TIBCO, Informatica, Impetus Technologies
AQ
07/29SOFTWARE AG : Release according to Article 40, Section 1 of the WpHG [the German..
EQ
07/24SOFTWARE AG : Received Highest Use Case Scores by Gartner in the Critical Capabi..
BU
07/22SOFTWARE AG : Preliminary announcement of the publication of financial reports a..
EQ
07/19SAP : Software AG lowers guidance for middleware division
RE
07/18SOFTWARE : announces Q2 financial results with group revenue and profit in line ..
EQ
07/18SOFTWARE : publishes preliminary Q2 2019 financial results and adjusts 2019 outl..
EQ
07/11PARTNERS IN IOT : Deutsche Telekom and Software AG to create global Cloud of Thi..
PU
More news
Financials (EUR)
Sales 2019 883 M
EBIT 2019 241 M
Net income 2019 150 M
Finance 2019 236 M
Yield 2019 2,91%
P/E ratio 2019 12,0x
P/E ratio 2020 12,2x
EV / Sales2019 1,77x
EV / Sales2020 1,63x
Capitalization 1 798 M
Chart SOFTWARE
Duration : Period :
Software Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SOFTWARE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 31,78  €
Last Close Price 24,18  €
Spread / Highest target 86,1%
Spread / Average Target 31,4%
Spread / Lowest Target 3,39%
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
Sector and Competitors
1st jan.Capitalization (M$)
SOFTWARE-23.08%1 994
ACCENTURE38.42%123 108
INTERNATIONAL BUSINESS MACHINES CORPORATION18.80%118 495
TATA CONSULTANCY SERVICES14.37%114 092
AUTOMATIC DATA PROCESSING28.86%72 477
VMWARE, INC.5.14%58 812