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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

(MSFT)
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Delayed Quote. Delayed Nasdaq - 11/25 04:00:00 pm
213.87 USD   +0.00%
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Software AG : Partners with Microsoft to Accelerate, Simplify Cloud Migrations

07/19/2019 | 09:02am EST

New Solution Delivers a Connected Ecosystem in Microsoft Azure for Faster, Safer, More Manageable Migrations While Ensuring Business Continuity

Software AG (Frankfurt, MDAX: SOW) and Microsoft (NASDAQ:MSFT) today announced a powerful new solution with Microsoft that enables enterprises to accelerate and simplify migration to Microsoft Azure while ensuring business continuity. Software AG’s new Cloud Migration Accelerator – based on the company’s webMethods.io Integration platform – allows enterprises to connect to applications, cloud services and data faster and more easily than ever before, providing a seamless path to a truly connected ecosystem.

Cloud migrations are often a complex journey, challenging IT teams to move or replace on-premise technology to the cloud while ensuring that ongoing business operations run smoothly. Moving existing applications to the cloud involves a continuous need to connect or re-connect applications from on-premise to new cloud services, or new cloud services to other new cloud services. Making this hybrid transition as smooth as possible while maintaining business operations and access to data is critical for enterprises.

“We recently embarked on a cloud migration journey which put 70 percent of our current IT footprint on Microsoft Azure while 30 percent of our IT remains on-premise,” said Anthony Roberts, CIO, Walgreens Boots Alliance. “We use Software AG’s webMethods to remain connected to existing integrated solutions and business processes while some IT components moved to the cloud and others remained on-premise. webMethods safeguards our most important IT assets during the complex migration process.”

Enterprises eager to migrate to Microsoft Azure benefit from technology that serves as the critical connective tissue that allows easy and fast access to applications, cloud services and data during the migration process, according to Software AG CEO Sanjay Brahmawar.

“Our solution with Microsoft enables enterprises to have a truly connected ecosystem,” said Brahmawar. “Customers will not only accelerate migration but can also spark innovation and turn data into real value as they safeguard their most important IT assets.”

Judson Althoff, Executive Vice President, Worldwide Commercial Business at Microsoft Corporation added, “Most large cloud migrations face the challenge of ensuring business continuity while the IT landscape changes at the same time. Software AG’s webMethods gives enterprises the opportunity to create a smooth migration path to the cloud and immediately capitalize on the benefits of Microsoft Azure.”

The Cloud Migration Accelerator based on webMethods.io is immediately available on the Microsoft Azure Marketplace as a SaaS offering.

About Software AG

Software AG offers Freedom as a Service. We reimagine integration, spark business transformation and enable fast innovation on the Internet of Things so you can pioneer differentiating business models. We give you the freedom to connect and integrate any technology—from app to edge. We help you free data from silos so it’s shareable, usable and powerful—enabling you to make the best decisions and unlock entirely new possibilities for growth.

Learn more about Software AG and Freedom as a Service at www.softwareag.com.


© Business Wire 2019
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Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 336 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 31,7x
Yield 2021 1,02%
Capitalization 1 617 B 1 617 B -
EV / Sales 2021 9,76x
EV / Sales 2022 8,71x
Nbr of Employees 163 000
Free-Float 99,9%
Chart MICROSOFT CORPORATION
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Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 39
Average target price 242,47 $
Last Close Price 213,87 $
Spread / Highest target 30,0%
Spread / Average Target 13,4%
Spread / Lowest Target -15,8%
EPS Revisions
Managers
NameTitle
Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
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