Software AG (Frankfurt TecDAX: SOW) has announced a collaborative partnership with TelefÃ³nica to deliver a powerful solution for digital transformation and Internet of Things (IoT) solutions in the B2B market in Spain, the company said.
At the core of the collaboration is Software AG´s Cumulocity IoT platform, which operates across cloud, on premises and edge, and provides service providers with a comprehensive, end-to-end IoT solution. This end-to-end approach ensures that any app or device — regardless of underlying technology or vendor source — will operate seamlessly across TelefÃ³nica´s network.
By using the cloud-based Cumulocity IoT platform for the deployment of its innovative IoT solutions, TelefÃ³nica can connect and monitor millions of devices and sensors. The Cumulocity IoT platform includes a broad range of pre-packaged solutions such as Condition Monitoring, Predictive Maintenance and Track & Trace, as well as quick and easy device and sensor management, thus bringing the operational technology (OT) and information technologies (IT) of business worlds closer together.
TelefÃ³nica is one of the largest telecommunications companies in the world by market capitalization and number of customers, which is supported by a comprehensive offer and the quality of connectivity provided by the best fixed, mobile and broadband networks. It is a growing company that offers a differential experience, based both on the values of the company itself and on a public positioning that defends the interests of the client. Present in 17 countries and more than 343 million accesses, TelefÃ³nica has a strong presence in Spain, Europe and Latin America, where it concentrates most of its growth strategy.
Software AG helps companies with their digital transformation. With Software AG´s Digital Business Platform, companies can better interact with their customers and bring them on new ´digital´ 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 â¬879 million in 2017.