The Insider's Guide to Next-Generation BPM
05/29/2009
Software AG celebrates its 40th anniversary on May 30th. The company was founded in 1969 in Darmstadt, Germany, as Europe’s first software company. Today, the company that helped establish an independent software industry has a market capitalization of €1.4 billion. Since its foundation, Software AG has built its success on sustained customer-centric development of innovative technology and by focusing on the world’s largest IT markets. This year also marks the 10th anniversary of Software AG’s flotation on the Frankfurt stock exchange, in what was then the world’s largest IPO by a software company. The company is entering its fifth decade of developing innovative technology as “independent” market leader in business process software.
ebizQ received the following:
Software AG was officially founded on May 30, 1969, with three employees and initial cash of DM 6,000 (€3,068). The company soon released its first product Adabas, then and now, the fastest data management system in the world. Each decade has seen Software AG at the forefront of technology development from the first integration technologies (the basis for web services), to XML technology and to today’s Service-Oriented Architecture and business process technologies.
Software AG was “born global”, launching its flagship product Adabas in the USA in 1972 within a year of its initial release. The company’s Asian operations, based in Japan, were established in 1974 and soon followed by offices throughout Europe, Mexico and Australia. This early focus on the world’s largest IT markets gave the company the critical mass needed to establish the fledgling independent software industry.
Other notable events in the company’s history include the establishment of the Software AG Foundation in 1992, Software AG’s IPO in Frankfurt in 1999 in what was then the biggest Initial Public Offering by a software company and the acquisition of webMethods in the USA in 2007, the largest pure software acquisition in the US by a European company in the last 15 years.
“The software industry has had a profound and positive effect on all our lives over the last forty years and I am proud that Software AG has played a significant role in it,” said Software AG CEO, Karl-Heinz Streibich. “I do not see the pace of software innovation and development diminishing and believe that the next forty years will be as rewarding as the last.”
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ebizQ is very interested in what you have to say. To contribute an article, an opinion, or to become a blogger, please contact Peter Schooff.
June 3, 2009
One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register
Date:Apr 07, 2010
Time:13:00 PM
ET- (17:00 GMT)
Date:Apr 07, 2010
Time:12:00 PM
ET- (16:00 GMT)
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