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MarketScreener Homepage  >  Equities  >  Xetra  >  Software    SOW   DE000A2GS401

SOFTWARE

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Software : launches Process Mining ‘as-a-Service'

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08/19/2020 | 09:57am EDT
Aug 07, 2020
            Software AG launches Process Mining 'as-a-Service'
       
• New SaaS offering makes process mining more accessible for more businesses
• Will help businesses understand what's working and what isn't in their IT infrastructure

Darmstadt, Germany - Software AG (Frankfurt MDAX: SOW) has launched ARIS Process Mining SaaS, a new cloud platform for its popular process mining tool. This will help businesses understand and fix process bottlenecks and inefficiencies in order to make their organization work more efficiently. ARIS Process Mining is easily accessed through the cloud and easy to use for those with no technical background. Anyone with basic office skills can begin to understand the reality of their department's process execution in under an hour.

Process mining helps businesses to understand where their processes are working as they should and more importantly, where they're not. By assessing every element of digital business operations, ARIS Process Mining helps users find patterns, anomalies and opportunities for improvement. Comparing intended vs actual process performance helps to see if they're executing as planned and make changes before the bottom line is affected.

'Every business faces an unprecedented number of challenges and it's hard to know how to start tackling them,' commented Dr Stefan Sigg, CPO, Software AG. 'Estimates for global IT spending have been revised down, and various research suggests that companies are struggling to get value from their investments. One reason is often a lack of analytical insights into core business processes. Process Mining is designed to identify efficiency gains and other immediate performance improvements with a direct return on investment. When the pressure is on to make changes, what's more fundamental than having the whole picture?'

ARIS Process Mining SaaS is based on a cloud infrastructure and has revamped the user interface, and with it the user-experience. It helps businesses who want to start using process mining, as well as making the service more flexible for seasoned users.

As an early user of the new product, Liam O'Neill, Senior Consultant at BPM-D, added: 'Software AG Process Mining Cloud provides rich insight into operational data allowing you to analyse how the business actually functions, not just the best-case, compliant scenarios. Having this powerful process mining engine now available through the cloud increases visibility, access and the speed with which innovative ideas can be enacted.'

ARIS Process Mining will now be available in three editions: ARIS Process Mining Elements, ARIS Process Mining Advanced, and ARIS Process Mining Enterprise. Elements and Advanced have been made publicly available via the ARIS Cloud. Elements is available free of charge to allow those new to process mining an opportunity to test out the tools.

About Software AG
Software AG reimagines integration, sparks business transformation and enables fast innovation on the Internet of Things so you can pioneer differentiating business models. We give you the freedom to connect and integrate any technology-from app to edge. We help you free data from silos so it's shareable, usable and powerful-enabling you to make the best decisions and unlock entirely new possibilities for growth.

Learn more about Software AG at www.softwareag.com. Follow us on LinkedIn and Twitter.

Disclaimer

Software AG published this content on 07 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2020 12:56:12 UTC


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Sales 2020 837 M 993 M 993 M
Net income 2020 101 M 119 M 119 M
Net cash 2020 277 M 328 M 328 M
P/E ratio 2020 24,6x
Yield 2020 2,02%
Capitalization 2 521 M 2 984 M 2 990 M
EV / Sales 2020 2,68x
EV / Sales 2021 2,53x
Nbr of Employees 4 642
Free-Float 66,2%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 14
Average target price 36,84 €
Last Close Price 34,08 €
Spread / Highest target 32,0%
Spread / Average Target 8,11%
Spread / Lowest Target -12,0%
EPS Revisions
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Sanjay Brahmawar Chairman-Management Board & CEO
Andreas Bereczky Chairman-Supervisory Board
Matthias Heiden Chief Financial Officer
Bernd Groß Chief Technology Officer
Alf Henryk Wulf Independent Member-Supervisory Board
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