Jan 25, 2018 software ag issued a cautious outlook on its profit margins on thursday, triggering a 7 percent shareprice slide even though the german software group also said its industrial internet business. In july, the subsidiary focusing on the public sector concluded its biggest. Jan 23, 2012 streibich is creating a federal business unit tasked with selling specifically to us national and local government customers to win extra business. Beating competition and winning customers, emea is blueprint for the rest of the world. Go to partner business portal forgot your password. Software ag interested in israels technology the jerusalem. By establishing the companys global digitalization business, karlheinz streibich has successfully built a second robust business division to the benefit of the companys extensive customer base and to the benefit of our 4,600 employees worldwide. Webmethods has a real large group of partners, and this will be a real enrichment for software ag. Beyond this program, software ag maintains alliances with universities, research institutes, and government institutions for the purposes of collaborative research. These customers will enjoy access to a host of complementary products, software ag ceo karlheinz streibich said. Software ag appoints paul ormesmith as ceo of software ag. In addition to government agencies, the webmethods purchase should provide software ag with entry to more federal system integrators. Karlheinz streibich born 1952 has been chairman of the executive board and chief executive officer of the germanybased software company software ag until 31 july 2018. Software ag acquires enterprise it manager alfabet.
Jun 09, 2010 software ags shares rose as much as 3. Trendminer enables domain experts to analyze, monitor and predict the performance of manufacturing processes. Software ag provides solutions that drive digital transformation in organizations worldwide, helping to improve operational efficiency, modernize systems and optimize processes for smarter decisions and better service. In the last 14 years, software ag, under the leadership of karlheinz streibich, has made the biggest transformation in its nearly 50year history. It also provides the combined company with a wider range of software, ranging from software ags soa governance software to webmethods application integration and. Overall results match market expectations group license revenue up by 5 percent at constant currency bpe product revenue at same level as the previous year at constant. According to software ag ceo karlheinz streibich, the acquisition. Our relationship with system integrators will also be significantly enhanced, streibich said.
Streibich said in addition to driving new business opportunities. Business wiresoftware ag today announced it has appointed paul ormesmith as ceo north america for its fullyowned subsidiary, software ag usa, inc. Software ags 20 license revenue highest in company history. The company provides application development, application modernization, business activity monitoring, business process. Software ag names paul ormesmith north american ceo, eyes us. Software ag ceo, 65, to step down on july 31, successor. Karlheinz streibich, president and chief executive officer, software ag said.
The premier source of breaking business news for the government contracting. Software ags executive board with streibich, zinnhardt and broadbent ensures this financial performance and shareholder value. Software ag is a leader in the gartner magic quadrant. Usa, joined as a member of the management board of software ag in november 2018 under contract until 2023 and is responsible for global sales and consulting services. Karlheinz streibich ceo, software ag darmstadtium, darmstadt, germany may 30, 2018 2018 annual general. Software ags main resource is its proprietary software platform, which serves over 10,000 customers. Visit the software ag download center and find the newest products and product updates of software ag. The blurring of physical and digital worlds, greater customer influence and the need for ever increasing agility, responsiveness and speed are about to drive a revolution in application infrastructure this was the takeaway message from software ag ceo karlheinz streibich, speaking to more than 1,000 users and partners at the companys innovation world conference in new orleans this week. Adabas a high performance transactional database management system.
Software ag was, however, able to maintain the segment contributions margin through effective cost management. Software ag appoints north america coo kevin niblock to. From innovation and technology software ag is first class, now sales force must get same level as we have it in emea and dach, this is what we working on. Software ag is traded on the frankfurt stock exchange under the symbol sow and part of the technology index tecdax. Software ag names paul ormesmith north american ceo, eyes. List of all current job openings, an overview of hiring trends, and all relevant company information. Wolfram jost into the team of only four official executives. Software ag, germanys secondlargest software maker, has had takeover offers, although its biggest shareholder is unlikely to bite unless the price and timing are right, the companys chief. The chief executive of software ag will step down when his contract ends on july 31 for age reasons, and a decision on a successor has not yet been made, a spokesman said on wednesday. He was selected by software ags board of directors in 2003 as chairman of the executive board and chief executive officer. German, joined as a member of the management board of software ag in august 2019 under contract until 2024.
Jul 25, 20 the success includes a large order for the newly established software ag government solutions sales division in the us. The twodigit bpe growth confirms the direction of our transformation strategy. Strategic portfolio management for agile organizations, q4 2019. The company provides application development, application modernization, business activity monitoring, business process management, data management, master data management, and serviceoriented architecture solutions. Software ag initiated the purchase to increase its customer base in north america, streibich said. He was selected by software ag s board of directors in 2003 as chairman of the executive board and chief executive officer. But, despite a financial holding structure, software ags board values the customer demand for a consistent product strategy and appoints dr. Software ag plots valley invasion by terracotta army the.
Oct 09, 20 innovation world, software ags global annual event kicked off in san francisco today and promised a look into how the reality of a digital enterprise will shape the future of organizations. Software ag issued a cautious outlook on its profit margins on thursday, triggering a 7 percent shareprice slide even though the german software group. The supervisory board of software ag has appointed sanjay brahmawar 47 as the new ceo of software ag for five years as of august 1, 2018. Streibich is creating a federal business unit tasked with selling specifically to us national and local government customers to win extra business.
Jan 28, 2014 karlheinz streibich, ceo of software ag, states, 20 wasnt just the strongest year in the history of our company with respect to licenses. Having said this let us now start and ill have over to karlheinz streibich the ceo of software ag. Software ag ceo karlheinz streibich likes to talk about the unknown element in data centric businesses especially those working to grapple the iot because, he says, enterprises are facing change due to consumercustomer centric issues. If you are passionate about solving hard mission critical problems, enjoy working with worldclass people and developing cutting edge technologybased solutions, you should explore a career with software ag government solutions. Founded in 1969, software ag is an enterprise software company with over 10,000 enterprise customers in over 70 countries. Software ags announcement suggests this is a major step towards their stated goal of becoming a 1 billion software company.
Company profile page for software ag inc including stock price, company news, press releases, executives, board members, and contact information. We reimagine integration, spark business transformation and enable fast innovation on the internet of things so you can pioneer. See who you know at software ag, leverage your professional network, and get hired. The road to the digital enterprise software ag innovation. Software ag launches new government focused subsidiary.
Former ceo karlheinz streibich of software ag explains the smart big data software to german chancellor angela merkel, center, and british prime minister david cameron during the opening day of the computer fair cebit in hannover, germany, monday, march 10, 2014. Software ags strategy to end its 8year growth drought forbes. Heinz streibich ceo of software ag in an interview with the jerusalem post. The consulting business line posted firstquarter revenue of eur62. Software ag sp adr q2 2010 earnings call transcript. The company provides an ideal fit into our cumulocity iot portfolio at a strategically decisive moment, when there is dynamic market development for iot applications. Software ags 20 license revenue highest in company history by. Software ag has bought information technology portfolio management provider alfabet ag in a move to strengthen its position in the growing market of enterprise architecture management. Software ags shares down more than 7 percent on margin. Salaries posted anonymously by software ag employees. As enterprises become digital, the importance of optimizing it landscapes and processes is growing, software ag ceo karlheinz streibich said. Software ag said ormesmiths appointment reflects the companys increased. Karlheinz streibich, software ag ceo, said of the deal. Software ag will integrate trendminer portfolio into its leading cumulocity iot platform.
The stock has gained more than 10 percent this year. Dec, 2005 software ag interested in israels technology. Can software ag, a 50 year old german software company with eight years of flat revenue, find growth with a ceo who spent over 15 years at ibm. Software ag ceo visits new purchase the jerusalem post. Beating competition and winning customers, emea is blueprint for the rest of the world from innovation and technology software ag is first class, now sales force must get same level as we have it in emea and dach, this is what we working on. The transaction, scheduled to close at junes end but still subject to federal antitrust clearance, complements eit. Working at software ag government solutions means joining a family. Software ag is a business infrastructure software provider with products in various technologies like dbms, application modernization, soa, bpms and esb.
The companys total annual revenue has been stable yearoveryear. Digitalization enables companies to chart a new course karlheinz streibich september 2016 disruptive innovation is blurring industry lines and cios can help their organizations profit from that by taking them in new directions, says karlheinz streibich, ceo of software ag. In addition, software ag is acquiring information on the 200 customers, most in the united states, who use the products. A family dedicated to your success, growth and advancement. Software ag investor unlikely to accept offers bloomberg. Software ags 20 license revenue highest in company. Description software ag is the global leader in business process excellence. Salaries posted anonymously by software ag employees in bangalore. Aris integration into the wider software ag product suite, such as webmethods, will make it of particular interest to organizations looking for a complete bpa, bpm and soa solution, or for a strong modernization partner. Oct 21, 2006 karlheinz streibich, ceo of software ag, told it weekly back in may that the firm was to substantially increase its focus on the region in order to capitalise on the huge potential the middle east had to offer, including the establishment of a software development centre. Jul 31, 20 frankfurt, july 31 reuters german business software group software ag said on wednesday it had extend the contract of its chief executive karlheinz streibich by five years.
Alphabet, founded in 1997, employs a total of 90 staff in berlin, cambridge, singapore and massachusetts. Karlheinz streibich, software ags ceo took to the stage and set the scene for the conference ahead, stating that we live in times of. Separately, streibich said it is conceivable that the crisis. Karlheinz streibich, ceo of software ag, states, 20 wasnt just the strongest year in. Software ag government solutions delivering the bestin. The company is the second largest software vendor in germany, and the seventh largest in europe.
Software ag announced its acquisition of trendminer nv. Software ag extends ceo contract by five years reuters. Trendminer offers an intuitive selfservice analytics platform for timeseriesbased data. Karlheinz streibich, ceo of software ag, told it weekly back in may that the firm was to substantially increase its focus on the region in order to capitalise on the huge potential the middle east had to offer, including the establishment of a software development centre.
She is responsible for global human resources, talent management, global legal, global information services and transformation. Software ag inc company profile and news bloomberg markets. Digitalization enables companies to chart new courses icio. Karlheinz streibich, ceo of software ag, states, 20 wasnt just the strongest year in the history of our company with. The launch of software ag government solutions is a critical component of the strategic initiative to increase our investment in north america that was introduced by software ag ceo karlheinz streibich in early 2012, said jay johnson, president and ceo.
The new digital economy demands total integration karl. Alfabet it planning, portfolio management, and enterprise. A free inside look at software ag salary trends based on 343 salaries wages for 158 jobs at software ag. Get free access to our sales, marketing and campaign assets, education services, events, product information, development licenses, demos, partnership services and more. Software ag inc provides business infrastructure software solutions. Frankfurt, july 31 reuters german business software group software ag said on wednesday it had extend the contract of its chief executive karlheinz streibich by five years. This appointment brings our north american market requirements closer to the companys management board and. Karlheinz streibich, ceo of software ag, states, 20 wasnt just the strongest year in the history of our company with respect to licenses. The launch of software ag government solutions is a critical com. Software ag, data analytics in the realm of the unknown. Innovation world, software ags global annual event kicked off in san francisco today and promised a look into how the reality of a digital enterprise will shape the future of organizations.
1248 526 112 1348 1579 270 775 1430 444 704 1438 942 1315 1153 329 1585 425 392 1156 1266 204 1386 927 992 537 231 95 28 954 1289 130 504 257 1218