Software AG Unveils New Enterprise Digital Twin Framework
July 10 2018 - 9:00AM
Business Wire
Software AG (Frankfurt TecDAX: SOW) today announced the
availability of a new Enterprise Digital Twin framework, which is
built on the company’s ARIS platform and enables enterprises to
create a digital model that mirrors the characteristics,
interdependencies and interrelationships of their processes,
systems and assets.
Gartner Research Director, Marc Kerremans, recently wrote about
12 use-cases for creating a Digital Twin (find a complimentary copy
of the use cases here). According to the Gartner report, “Program
and Portfolio management leaders struggle to represent, prioritize,
guide and monitor underlying operational scenarios, and struggle to
adapt their program and project plans to moving strategic and
operational targets.”*
By using Software AG’s ARIS Process Transformation and
Management platform as the foundation for an Enterprise Digital
Twin Framework, enterprises can gain significant end-to-end
visibility and visualization of their operations. Additionally,
these enterprises gain the transparency required across their
operations to make better decisions that will result in improved
business outcomes and initiatives.
The ARIS-based Enterprise Digital Twin Framework ensures that
processes are tightly linked and connected across the enterprise
with real-life data. ARIS is an integral part of the Digital
Business Platform and has gained substantial customer adoption with
its broad portfolio and its most recent product developments that
support enterprises at every stage in their digital
transformation.
Dr. Wolfram Jost, Chief Technology Officer, Software AG, said:
“This combination of virtual and physical worlds enables
enterprises to more efficiently manage the critical
interdependencies and interrelationships between people, processes
and systems, which is fundamental to coping with the complex
challenges associated with digital transformation. Software AG’s
Enterprise Digital Twin Framework can create a virtual copy of all
aspects of an enterprise, which gets richer with every operation
and leads to continuous business improvements. This leads to better
handling of threats before they negatively impact the business as
well as the prevention of possible downtime, the creation of new
opportunities, the provision of important insights on system
performance, and the simulation of future possibilities.”
Top six examples of an Enterprise Digital Twin Framework enabled
by the ARIS platform include:
- Business Strategy and Planning: A
systematic approach for defining, documenting, analyzing and
implementing your business strategies coupled with clear
benchmarking and monitoring.
- Transformation Empowerment: A
structured means for process documentation and design enhancing
team collaboration and training, as well as process launch, ongoing
governance and continuous process improvement.
- IT and IoT Alignment: Provides the
basis for executing processes across IT, IoT and SAP systems and
making an Enterprise Digital Twin Framework a reality.
- Process Mining and Intelligence:
Delivers a 360-degree view of an enterprise’s processes coupled
with dependencies for pattern, anomaly and opportunity discovery
and intelligent insights for continuous process improvement.
Enables theoretical process simulation comparisons against real
world possibilities.
- Customer Journey Management: Minimizes
the customer effort across all channels and touchpoints, ensuring a
seamless experience every time a customer interacts with an
enterprise. Provides a completely integrated system that creates
personal experiences across all channels, including customer
touchpoints and gap analysis.
- Risk and Compliance Management: The
automation of governance, risk and compliance (GRC) through simple
risk identification, documentation and assessment ensuring tight
regulatory compliance and fast adaptation to new regulations.
Includes a “single point of truth” for all compliance activities
and a single dashboard for monitoring all compliance
processes.
A Gartner report further noted: “Any digital business
initiative, whether transformational or a smaller change, requires
the translation of desired business outcomes and customer
experience measurements into operational indicators that can be
used to monitor progress toward goals, even after program or
project completion.”**
Software AG’s Enterprise Digital Twin Framework can be used in
several use cases, for example:
- Supply Chain Management: Providing
process chain visibility that enables end-to-end process excellence
potentially achieving significant cost savings
- Quality Management: Allowing
enterprises to establish global, enterprise-wide standards for
Quality Management Systems (QMS) and ensure that everyone is
working from the same source of information
- Risk and Compliance: Delivering full
control of overall processes, compliance and risks
The Digital Business Platform is an adaptable technology layer
that fits into, but does not replace, an organization’s 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.
*Gartner, 12 Powerful Use Cases for Creating a Digital Twin of
Your Organization, Marc Kerremans, October 25, 2017.
**Gartner, Create a Digital Twin of Your Organization to
Optimize Your Digital Business Transformation Program, Marc
Kerremans, Joanne Kopcho, July 14, 2017.
About Software AG
Software AG (Frankfurt TecDAX: SOW) 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 €879
million in 2017.
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version on businesswire.com: https://www.businesswire.com/news/home/20180710005143/en/
Software AGLisa Coulouris,
617-413-7062Lisa.Coulouris@softwareag.comorfama PRCait Mattingly,
617-986-5033sag@famapr.com