Software AG Launches Analytics Platform and Announces Acquisition of JackBe CorporationAugust 22, 2013 No Comments
SOURCE: Software AG
RESTON, Va., Aug. 22, 2013 – Software AG (TecDAX: SOW AG) today announced the launch of its new webMethods Intelligent Business Operations Platform (IBO) and the acquisition of JackBe Corporation. JackBe is a privately-held company with headquarters in Chevy Chase, Maryland and a provider of real-time visual analytics and intelligence software. Real-time visualization and analytics are increasingly important in managing the technology megatrend of large data volumes. Providing rapid deployment and a mash up of different data sources, JackBe will serve as the foundation for Software AG’s new webMethods Intelligent Business Operations Platform. The platform will provide customers with an integrated, real-time awareness of dynamic operations and processes via easy-to-use visualizations. The resulting improved response times and increased quality of business decisions will support decision-makers in achieving better business outcomes.
Increasing digitization enables enterprises to modernize their business models by implementing innovative cloud, mobile, social collaboration and big data technologies. This is achieved by extending the enterprises’ existing IT solutions. In this context, the visualization and analytics of large data volumes are becoming key elements in delivering competitive advantages.
“The amount of produced data is growing exponentially,” said Software AG’s Chief Technology Officer Dr. Wolfram Jost. “Consequently, the analysis and visualization of huge data volumes in real time will become more and more the basis for fast and intelligent business decisions. With the capabilities of JackBe, we will develop further innovative solutions for our customers in order to support their evolution towards the digital enterprise.”
Software AG has acquired JackBe’s corporate office in Chevy Chase, Maryland, its research and development facility based in Silicon Valley as well as its Latin American office in Mexico City. JackBe has a broad customer base in federal government, financial services and the manufacturing sector including customers such as General Electric, Procter & Gamble, Qualcomm, Wells Fargo and Intel. The company was founded in 2003 and has 70 employees. Financial details of the transaction have not been disclosed.
“We are extremely excited to join the Software AG group. With the innovation, engineering and integration prowess of a global player such as Software AG, we believe our customers will benefit greatly from accelerating enhancements to our solutions, but also gain access to a broader product and service offering,” said John Crupi, Chief Technology Officer of JackBe.
Software AG’s new webMethods Intelligence Business Operations Platform (IBO)
With the acquisition, Software AG also announced the rollout of its new webMethods Intelligent Business Operations Platform (IBO) that will use JackBe’s mashup, analytic and visualization capabilities. The new platform will allow a comprehensive 360-degree view of operational processes by combining live, historical and transactional data with machine-to-machine (Industrial Internet) communications into real-time visualizations.
Moreover, the platform will provide the real-time intelligence that executives and operational managers need to make immediate, informed decisions and identify changes that impact the business. It includes tools to rapidly implement those changes, including dynamic and automated business processes leading to improved agility and better process outcomes.
JackBe’s leading portfolio, Presto, will also be available immediately as a standalone version. It will be integrated with existing Software AG products and solutions, becoming the new visualization and analytics layer across the entire product suite. Highlights of this announcement include:
1) Software AG’s new webMethods Intelligent Business Operations Platform – available for early access customers as of Q4 2013
2) Software AG Presto (formerly called JackBe Presto) as standalone – available immediately
3) Software AG Presto Real-Time Analytics Add-On With Terracotta BigMemory - available immediately
More details on the Software AG’s new webMethods Intelligent Business Operations Platform will be presented at the company’s global customer event, Innovation World, which will be held in San Francisco, California, from October 8-10, 2013. For more details on Innovation World 2013, please visit: http://www.cvent.com/events/innovation-world-2013DATA and ANALYTICS , News