Software AG and SAP Join Forces to Innovate on Asset Performance Management Solution with Cumulocity IoT Platform
Software AG today announced that SAP has agreed to integrate its market-leading Intelligent Asset Management Suite including Asset Performance Management (APM) with Software AG’s market-leading Industrial IoT Platform, Cumulocity IoT. Customers will benefit from tight product integration and closed-loop asset performance management.
SAP's APM solution provides live data and analytics for high-value, critical assets, empowering organizations to predict and prevent asset failures, reduce downtime, and improve overall asset efficiency. However, with the complexity of OT and IT landscapes and asset sensor connectivity, SAP APM customers need advanced capabilities to manage machine intelligence from any data source, any IoT platform and from any machine. This is where Software AG's Cumulocity IoT platform comes in, offering a centralized hub to connect and manage the assets and perform live monitoring and analytics by integrating data from a wide range of sources, including edge devices, legacy systems, and cloud-based applications.
Dr. Stefan Sigg, CPO of Software AG, stated:
"By combining SAP's expertise in APM with Software AG's industry-proven Cumulocity IoT platform, we are delivering the next-generation APM with fast time-to-value that will help customers manage their assets remotely in a secure, scalable, and resilient manner and achieve even greater operational efficiency and outcomes."
Dominik Metzger, Head of Engineering, Digital Supply Chain, from SAP, added:
"We are excited about this initiative with our partner Software AG and the integration of their Cumulocity IoT platform with our APM solution. This collaboration enables us to provide our joint customers with a comprehensive, closed-loop solution that enhances overall operational efficiency."
For more information about how SAP and Software AG solutions can enable innovative risk-based maintenance for high asset availability and resilient and safe operations please contact us here. For a demo of the solution, contact us here.
About Software AG
Software AG simplifies the connected world. Founded in 1969, it helps deliver the experiences that employees, partners and customers now expect. Its technology creates the digital backbone that integrates applications, devices, data and clouds; empowers streamlined processes; and connects “things” like sensors, devices and machines. It helps 10,000+ organizations to become a truly connected enterprise and make smarter decisions, faster. The Company has about 5,000 employees across more than 70 countries and annual Group revenue of over €950 million.
Head of Technology Communications
T: +49 6151 92 1502