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Software AG GB 2013. englisch

Corporate control, objectives and strategy Internal corporate control system In order to increase our enterprise value for the long term, we want to continue growing profitably and increasing the financial strength of our Group. We use an internal informa- tion system to achieve these strategic goals. Above all, we regard BPE and ETS product revenue based on IFRS reporting as well as operating income (non-IFRS) as relevant perfor- mance indicators. Software AG defines operating income as follows: Earnings before all taxes and interest + acquisition-related depreciation of intangible assets + acquisition-related decreases in product revenue by pur- chase price allocations + other acquisition-related effects on earnings + expenses resulting from share price-based remuneration + restructuring/severance expenses = operating income (non-IFRS) [For more information, refer to Earnings Development] Operating income (non-IFRS) will be the focus of internal corporate management as of 2014. Earnings per share was the relevant KPI in the past fiscal year. As with most companies in the software industry, capital-­ oriented financial indicators play a minor role for us. This is due to the fact that our business model’s commitment of capital is low, and personnel expenses make up the largest expense block in our business. • Forrester Research gave top scores for product strategy with ARIS 9 in the second quarter. The platform was put in the “leader” category by the “Forrester Wave for En- terprise Architecture Management Suites.” • Gartner positioned Software AG as a “leader” in its “Magic Quadrant for On-Premises Application Integration Suites” for webMethods Suite 9.0. • We also qualified as a “leader” in Gartner’s new “Magic Quadrant for Application Services Governance.” • Software AG was chosen over 68 other German vendors for its Terracotta in-memory and big data analytics solu- tions as “Big Data Leader 2013” in Experton Group’s benchmark comparison. • ARIS Risk & Compliance Manager was named a “leader” in Gartner’s “Magic Quadrants for Enterprise Governance, Risk and Compliance (GRC) Platforms.” • Gartner’s “Magic Quadrant for Enterprise Architecture Tools 2013” rated Software AG’s platform suite as a “leader.” • And finally, we were able to secure a leadership ranking in Gartner’s “Magic Quadrant for Integrated IT Portfolio Analysis Applications 2013” at the end of the year. Legal and economic factors Software is the essential raw material of the next industrial revolution. In the future, innovative products and services will not be possible without software. The ability of the German economy to compete will hinge on the ability to create software- based products and services of the highest quality. Software know-how will be the prerequisite for Germany in maintaining its leading position in engineering and in exports. As an interdisciplinary technology, a German software industry that is dynamic and successful serves as an important impetus for many other sectors of the econo- my and thus for the competitive position of the German national economy. Leading technology companies—such as Software AG—are therefore committed to promoting a pros- perous German software cluster and fostering dialog be- tween industry, academia and the public sector. Exchange rates have a notable economic effect on Soft- ware AG’s globally oriented business. Software AG | Annual Report 2013 68 Letter from the Management Board Software AG ShareAbout Software AG Highlights 2013