Independent Study Reveals Software AGÔÇÖs Digital Business Platform Delivers 324% ROI and a Six-Month Payback Period
RESTON, Va.–(BUSINESS WIRE)–#Forrester—Software
AG (Frankfurt TecDAX:SOW) today announced the significant return on
investment businesses could realize by implementing the Software AG
Digital Business Platform. According to The
Total Economic ImpactÔäó Of The Software AG Digital Business Platform,
an April 2018 commissioned study conducted by Forrester Consulting on
behalf of Software AG, a composite organization realized incremental
revenue gains, productivity improvements, IoT (Internet of Things)
connectivity benefits, better business insights and a positive return on
investment (ROI) all within a six-month payback period.
The results arise from a Total Economic Impact (TEI) study and
examination into the potential ROI enterprises could realize from
Software AGÔÇÖs Digital
Business Platform.
Dr.
Wolfram Jost, Chief Technology Officer, Software AG, commented: ÔÇ£As
fast as markets change, businesses must adapt even faster to stay ahead
of their customer demands. Software AGÔÇÖs Digital Business Platform
provides the foundation for significant digital transformation with the
necessary flexibility and scalability required to support our customerÔÇÖs
every move. In my view, this Forrester study demonstrates that our
Digital Business Platform not only delivers enhanced intelligence,
agility and control to keep enterprises at the forefront of innovation,
but also pays for itself within six months.ÔÇØ
Forrester TEI Key Findings of Software AG Digital Business Platform
To better understand the benefits, costs, flexibility and risks
associated with this investment, Forrester interviewed eight Software AG
Digital Business Platform customers across six industries with an
aggregate of 32 yearsÔÇÖ experience with Software AGÔÇÖs products. For this
study, Forrester created a composite organization to describe the total
economic impact of the Digital Business Platform. The composite
organization is based on the interviewed customers and is assumed to be
a large global enterprise that several years ago identified the need to
be ready for the rapid adoption of future technologies and market
disruptions in a dynamic digital world.
According to the Forrester study, enterprises experienced a little over
Ôé¼5.9 million ($7.3 million) in present-value (PV) and risk adjusted
benefits over three years, all attributed to their investment in the
Software AG Digital Business Platform. Additional gains include:
-
Incremental revenue contribution (gross profit) of Ôé¼1,134,041
($1,403,070)
- Productivity improvement for developers of Ôé¼1,418,102 ($1,754,520)
-
IoT (Internet of Things) connectivity solution benefits of Ôé¼1,841,265
($2,278,070)
-
Better decision and business insights with streaming and predictive
analytics amounting to Ôé¼1,547,021 ($1,914,020)
Customers increasingly embrace digital experiences and technologies, and
organizations must compete for their attention and loyalty. Every
business today must learn to continuously create and exploit new digital
assets to simultaneously deliver new sources of customer value and
increase their operational agility.
According to one interviewee, an IT manager in the retail industry: ÔÇ£The
Digital Business Platform gave us the power to drive the changes we
needed in our eCommerce business, to deliver greater value to customers
and respond to the future demands of our customers as they arise. The
project was up and running in just a few days.ÔÇØ
Key to the productivity gains from the Digital Business Platform is the
ability to re-use services. A director in the utility industry noted
that it ÔÇ£allowed us to be more agile by re-using the automation of
services that were previously developed. We donÔÇÖt have to develop the
same code or processes over and over again, resulting in the ability to
deliver value faster to our customers.ÔÇ£
The Software AG Digital Business Platform, which has gained substantial
customer adoption, is an adaptable technology layer that fits into, but
does not replace, an organizationÔÇÖs existing IT landscape. It enables a
readiness that allows for the rapid adoption of current and future
technologies and market disruptions with a platform for the
ever-evolving digital world. Based on a single architecture and release
cycle, the Software AG solution is an integrated platform enabling
multiple digital use cases.
The Total Economic Impact is a methodology developed by Forrester. It
helps companies demonstrate and realize the tangible value of IT
initiatives to both senior management and other key business
stakeholders. The full study of the Total Economic Impact of the
Software AG Digital Business Platform can be downloaded here.
About Software AG
Software
AG (Frankfurt TecDAX:SOW) helps companies with their digital
transformation. With Software AGÔÇÖs Digital
Business Platform, companies can better interact with their
customers and bring them on new ÔÇÿdigitalÔÇÖ journeys, promote unique value
propositions, and create new business opportunities. In the Internet
of Things (IoT) market, Software AG enables enterprises to
integrate, connect and manage IoT components as well as analyze data and
predict future events based on Artificial Intelligence (AI). The Digital
Business Platform is built on decades of uncompromising software
development, IT experience and technological leadership. Software AG has
more than 4,500 employees, is active in 70 countries and had revenues of
Ôé¼879 million in 2017.
Note currency conversions based on current rates of approximately Ôé¼1 =
$1.23) from oanda.com
* For this study, Forrester conducted interviews with eight Software AG
DBP (Digital Business Platform) customers to discuss their experiences
with the Digital Business Platform. Interviewed customers were each
promised anonymity. Software AG provided the customer names for the
interviews, but did not participate in the interviews.
Contacts
Software AG
Lisa Coulouris, 617-413-7062
PR Manager, North
America
[email protected]
or
fama
PR
Katie Leonowitz, 617-986-5028
[email protected]