05.09.2023
QKS Insight
Software AG and SAP Join Forces to Innovate on Asset Performance Management Solutions with Cumulocity IoT Platform
Author:
Arun U

Software AG, an enterprise software & technology company, announced that SAP has committed to combine its market-leading Intelligent Asset Management Suite, which includes Asset Performance Management (APM), with Software AGs market-leading Industrial IoT Platform, Cumulocity IoT. This collaboration benefits customers by enabling tight product integration and closed-loop asset performance management.
By merging SAPs APM experience with the Cumulocity IoT platform, Software AG enables next-generation APM with rapid time-to-value, allowing customers to manage their assets remotely in a secure, scalable, and resilient manner, resulting in even improved operational efficiency and outcomes. SAP is able to give their joint customers a full, closed-loop solution that improves overall operational efficiency as a result of this relationship.
According to Arun U, analyst at Quadrant Knowledge Solutions, “ The combination of Software AGs Cumulocity IoT platform and SAPs APM solutions will result in a powerful new business proposition. This service will allow organisations to collect and analyse data from their assets in real-time, identifying possible problems early on and taking corrective action before they cause outages or other interruptions”.
Author : Arun U Analyst at Quadrant Knowledge Solutions