It's no mystery what this company sells. Software AG specializes in business process management software, including XML-based database applications and enterprise software, transactional databases, and applications development. The company's customers use its products to link and manage a wide variety of IT assets, including business software, servers, databases, mobile devices, and PCs. Services include consulting, maintenance, and training. Software AG has partnerships with the likes of
Software AG has streamlined its product offerings to focus on core applications -- Adabas, ARIS, CentraSite, Entire Systems Management, Natural, and webMethods. The company continues to look to XML offerings for future growth, and is developing mobile access capabilities for existing products. Software AG is also strengthening its partnerships; it has formed new alliances with Vordel,
Nearly 80% of sales comes from customers located outside of Germany.
Sales and Marketing
Software AG has counted
The company's total annual revenue has been stable year-over-year. It reported about $1.3 billion in revenue for fiscal 2013 after claiming $1.3 billion in revenue for fiscal 2012 and $1.4 billion in revenue for fiscal 2011. Software AG's net income dropped from $217 million in fiscal 2012 down to $184 million in fiscal 2013. Its cash on hand dipped slightly, but has been relatively stable along with the top line annual revenue in recent fiscal years.
Mergers and Acquisitions
Software AG has also used acquisitions to boost capabilities in key strategic areas. In 2018 it acquired Built.io, a California-based provider of "iPaaS" (integration platform as a service) technologies that help internet of things devices communicate.
Darmstadt, Hessen 64297
Phone: 49 615-1920
Employer Type: Public
CEO and Chairman, Management Board: Karl-Heinz Streibich
Deputy Chairman: Guido Falkenberg
Employees (This Location): 3,406
2017 Employees (All Locations): 4,717
Santa Clara, CA
Highlands Ranch, CO
Saint Cloud, France
Frankfurt Am Main, Germany
Freiburg Im Breisgau, Germany
Halle (Saale), Germany