RESTON, Va.--(BUSINESS WIRE)--Software AG (Frankfurt TecDAX: SOW) today announced that Gartner, Inc., a leading industry analyst firm, named it a Leader in its ‘Magic Quadrant for Integrated IT Portfolio Analysis Applications’ report (published on Nov. 28, 2018) for its IIPA product, Alfabet, for the eighth year in a row.*
Software AG’s Alfabet IT Planning and Portfolio Management platform offers management and governance capabilities across multiple IT portfolios to provide the CIO and other leaders with the information they need in order to make broad, directional and strategic decisions. It enhances communication and collaboration among different IT portfolio managers and helps them understand the symbiotic relationships between the business strategy and demand, technology, application and project portfolios while also taking finance and risk perspectives into consideration.
For the report, Software AG was evaluated for its Alfabet platform among 7 different software vendors on 15 criteria.
As many companies pass the initial first steps into digital business, they require the means to scale digital business initiatives to be able to handle the exponential increase in number and expectations of consumers. The report states: “IIPA as a software technology can help users make effective IT decisions supporting these types of scaling efforts.”
The report also highlights the benefit of connecting IIPA and EA for insights that can accelerate digital business scaling: “Seeing the potential collisions or contradictions between future-state EA models and elements in different IT portfolios can help uncover areas of redundancy and waste. This is important because scaling digital business requires a strong alignment between evolved business models and strategies and a lean, increasingly agile, product-focused IT organization that can deliver continuous value.”
Dr. Wolfram Jost, Chief Technology Officer, Software AG, said: “We believe this report emphasizes the need for portfolio management and enterprise architecture in realizing digital business strategies. For us, it confirms our conviction that these two practices are essential components of Software AG’s Digital Business Platform and we are proud that Software AG has been named by Gartner as a leader in both the IIPA and EA markets. We see Software AG’s positioning in Gartner’s Magic Quadrant as validation of its strength in helping CIO’s and other senior stakeholders meet the needs of today’s digitalization initiatives.”
Software AG is also positioned as a Leader in Gartner’s “Magic Quadrant for Enterprise Architecture Tools” (authored by: Samantha Searle, Marc Kerremans; published: October 22, 2018).
* “Magic Quadrant for Integrated IT Portfolio Analysis Applications”, by Daniel B. Stang, Stefan Van Der Zijden, published: 28 November 2018 ID: G00348313. From 2011-12, Software AG was listed as Alfabet since it acquired the company in June 2013.
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Software AG (Frankfurt TecDAX: SOW) helps companies with their digital transformation. With Software AG’s Digital Business Platform, companies can better interact with their customers and bring them on new ‘digital’ journeys, promote unique value propositions, and create new business opportunities. In the Internet of Things (IoT) market, Software AG enables enterprises to integrate, connect and manage IoT components as well as analyze data and predict future events based on Artificial Intelligence (AI). The Digital Business Platform is built on decades of uncompromising software development, IT experience and technological leadership. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of €872 million in 2016.
To learn more, visit www.softwareag.com.
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