Banking, Finance, Insurance and Securities (BFIS) Software Services

Germany Software Named Tender

πŸ“„ Tender ID: 440448557 πŸ“… Published: 14 Dec 2018

πŸ“‹ Tender Overview

Software AG announced that Gartner Inc. a leading industry analyst firm named it a Leader in its Magic Quadrant for Integrated IT Portfolio Analysis Applications report published on Nov. 28 2018 for its IIPA product Alfabet for the eigth year in a row.Software AGs Alfabet IT Planning and Portfolio Management platform offers management and governance capabilities across multiple IT portfolios to provide the CIO and other leaders with the information they need in order to make broad directional and strategic decisions. It enhances communication and collaboration among different IT portfolio managers and helps them understand the symbiotic relationships between the business strategy and demand technology application and project portfolios while also taking finance and risk perspectives into consideration.For the report Software AG was evaluated for its Alfabet platform among 7 different software vendors on 15 criteria.As many companies pass the initial first steps into digital business they require the means to scale digital business initiatives to be able to handle the exponential increase in number and expectations of consumers. The report states IIPA as a software technology can help users make effective IT decisions supporting these types of scaling efforts.The report also highlights the benefit of connecting IIPA and EA for insights that can accelerate digital business scaling Seeing the potential collisions or contradictions between future-state EA models and elements in different IT portfolios can help uncover areas of redundancy and waste. This is important because scaling digital business requires a strong alignment between evolved business models and strategies and a lean increasingly agile product-focused IT organization that can deliver continuous value.Dr. Wolfram Jost Chief Technology Officer Software AG said We believe this report emphasizes the need for portfolio management and enterprise architecture in realizing digital business strategies. For us it confirms our conviction that these two practices are essential components of Software AGs Digital Business Platform and we are proud that Software AG has been named by Gartner as a leader in both the IIPA and EA markets. We see Software AGs positioning in Gartners Magic Quadrant as validation of its strength in helping CIOs and other senior stakeholders meet the needs of todays digitalization initiatives.Software AG is also positioned as a Leader in Gartners Magic Quadrant for Enterprise Architecture Tools authored by Samantha Searle Marc Kerremans published October 22 2018.

πŸ” Key Information

πŸ“„
Tender Reference No.
440448557
πŸ“…
Publication Date
14 Dec 2018
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“
Notice Type
News
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Location
Germany

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🧭 Quick Facts

Authority N/A
Country Germany
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Tender Type Procurement News
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