Software AG releases Intelligent Business Operations to handle next generation smart data applications
Press release [Tuesday 15 April 2014]
Software AG recently unveiled its Intelligent Business Operations Platform to address the business challenges posed by the explosive growth in the number of interconnected personal devices and digital sensors. Industry analysts predict the number of devices to rise from ca. 8 billion today to over 30 billion by 2020.
This phenomenal growth in the Internet of Things, driving even faster growth in big data volumes, demands new, flexible, ultra-fast software architectures if enterprises are to keep pace. Software AG's Intelligent Business Operations is designed to identify evolving internal and external business patterns within this huge volume of data, through continuous, non-stop analytics.
Intelligent Business Operations extends its analyses to include business process performance providing a 360-degree view of operational and market data. Intelligent Business Operations can then take the right, intelligent action, response or process improvement in real-time.
The Intelligent Business Operations Platform is the culmination of three years of innovation in development and acquisition policy at Software AG. It can revolutionize the operations and customer interactions of any enterprise addressing the opportunities presented by the big data explosion. In addition to providing a measurable positive impact to an organization's top or bottom line, Intelligent Business Operations allows organizations to minimize their resource usage through continuous process improvement to personalized customer services. These new, sustainable digitally-driven business models: lean-carbon logistics, smart power distribution and eHealth initiatives to name three, also allow enterprises to make an improved contribution to environment protection and to society in general.
"As more and more devices interact we develop a richer, individual digital identity. We develop a personal cloud of big data that we can use to utilize devices in the Internet of Things", said John Bates, CTO for Intelligent Business Operations and Big Data at Software AG. "What Software AG provides to its customers is the intelligent and location-aware filtering of these personal data clouds. This enables real-time decision making and a rapid business response to individual consumers or to specific operational events."
CO2 footprint reduction - Intelligent Business Operations at CeBIT
Software AG showed Intelligent Business Operations in action at CeBIT 2014. The company showed how Royal Dirkzwager, the NW European maritime information and service provider, is significantly reducing the amount of fuel oil consumption by container vessels at the port of Rotterdam through Intelligent Business Operations called Port Visit Monitoring (PVM). This approach can be transferred to other ports in Europe. Every day, an average European port could save a substantial amount of fossil fuel by introducing the Royal Dirkzwager PVM service that is powered by Software AG technology.
Smart, empowered consumers - Intelligent Business Operations at CeBIT
With wearable devices alone forecast to generate five percent of sales for the Global 1000 by 2020, Software AG also demonstrated the power of Intelligent Business Operations in supporting digitally empowered customers. The live demo showed how Google Glass can be used by customers to interact with the business processes of the retailer and its partners. By simply looking at a particular product, the customer utilizes Intelligent Business Operations to receive specific product price comparisons, product test information, customer product reviews, individual discount offerings and financing conditions Real-time alerts can be delivered to their mobile devices or overlaid on the real world via their wearable devices, enabling an optimal purchase decision.
Software AG's Intelligent Business Operations is available now. Find more info at: http://www.softwareag.com/IB