The Supervisory Board of Software AG has actually today designated Sanjay Brahmawar (47) as the new President of Software AG for 5 years since August 1, 2018. Brahmawar prospers Karl-Heinz Streibich (65 ), that will certainly step down after greater than 14 years on top at Software AG as he has actually gotten to the advised age restriction.

" In the last 14 years, Software AG, under the management of Karl-Heinz Streibich, has actually made the greatest transformation in its nearly 50-year background. By developing the company's global digitalization business, Karl-Heinz Streibich has efficiently built a second robust business department - to the benefit of the company's substantial client base and to the advantage of our 4,600 employees worldwide. This achievement deserves our utmost appreciation and regard", stated Andreas Bereczky, Chairman of the Supervisory Board of Software AG

" Looking onward, we are extremely satisfied to have found Sanjay Brahmawar, a verified expert in the global IT business, who will certainly make certain that Software program AG remains to play a leading role fit the dynamic and competitive digitalization market with brief innovation cycles. With Sanjay Brahmawar, Software application AG has won a leading manager who has actually been really effective in the innovation field for greater than 18 years. During this moment, he has impressively shown the best ways to incorporate technical know-how with business vision in numerous management settings. His jobs at Software program AG will certainly be to expand the company's global innovation leadership, together with the successful administration group, and gain additional market share in the promising areas of the Digitalization, Industry 4.0 and Artificial Intelligence", proceeded Bereczky.

" With Sanjay Brahmawar, Software program AG is outstandingly placed to additional expand our solid position as a leader of digital transformation and to apply innovative digitalization tasks together with our customers, companions and staff members," says Karl-Heinz Streibich, Chairman of the Board of Software AG.

Sanjay Brahmawar is presently General Manager Global Earnings of IBM Watson Internet of Points at Munich, Germany. There, he is accountable for global software application sales with a focus on information evaluation and expert system. Previously, he worked as General Manager at IBM Consulting Services in London, where he was in charge of the business in the European industrial industry (oil and gas, automotive, aerospace, electronics and engineering). Sanjay Brahmawar has consistently and impressively showed that he can boost business both in regards to sales and margin. He has a global and multicultural history with experience in Germany, England, Holland, Belgium, Finland and India. Sanjay Brahmawar was born in India and has Belgian nationality. He copes with his household neighboring Munich and is an enthusiastic runner and cyclist in his leisure.

About Software AG

Software Application AG (Frankfurt TecDAX: SOW) helps business with their digital transformation. With Software AG's Digital Business Platform, business can better connect with their customers and bring them on brand-new 'digital' trips, promote unique worth suggestions, and develop new business chances. In the Internet of Things (IoT) market, Software AG makes it possible for enterprises to integrate, link and manage IoT parts as well as assess data and anticipate future occasions based on Artificial Intelligence (AI). The Digital Business Platform is improved years of uncompromising software advancement, IT experience and technical management. Software application AG has more than 4,500 staff members, is active in 70 nations and had earnings of EUR879 million in 2017.

To learn more, see www.softwareag.com