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Press Release

Software AG Expands Management Board

Darmstadt, Germany, 1/16/2017

Software AG today announced the appointment of Dr. Stefan Sigg as new Chief Research & Development Officer. He will assume his responsibilities as of April 1st, 2017 and join the company’s Management Board as fifth member. This appointment underlines the company’s intensified focus on technological innovation in the rapidly growing market for new digital solutions – driven by the megatrends Industry 4.0 and the Internet of Things. Prior to joining Software AG, Dr. Sigg held a leading R&D management position at SAP SE in Walldorf, Germany.

Dr. Sigg earned both his master's degree and PhD in Mathematics from the University of Bonn, Germany. He started his professional career in SAP's product development unit in 1995. After several management positions in the Business Warehouse area, he was promoted to Head of Research & Development of that same division. He went on to serve as Vice President and Senior Vice President for SAP HANA. Most recently, Dr. Sigg was Senior Vice President and head of the SAP Analytics product portfolio, where he managed a global team of more than 1,800 employees.

Dr. Sigg’s new position at Software AG will focus primarily on product innovation of the company in the key areas of IoT, Real-time Analytics, Process Management, API Management, and Data Integration. In addition to his core task of overseeing Software AG’s global R&D centers, he will also be responsible for research programs. Moreover, Dr. Sigg will co-chair the company’s Global Portfolio Innovation Steering Team with Software AG's Chief Technology Officer Dr. Wolfram Jost. Together, they will ensure that the product portfolio reflects both market trends and customer needs alike.

Additionally, Dr. Sigg has been teaching courses on analytics and big data technologies and applications at the Technical University of Darmstadt since 2014.

About Software AG

The digital transformation is changing enterprise IT landscapes from inflexible application silos to modern software platform-driven IT architectures which deliver the openness, speed and agility needed to enable the digital real-time enterprise.
Software AG offers the first end-to-end Digital Business Platform, based on open standards, with integration, process management, in-memory data, adaptive application development, real-time analytics and enterprise architecture management as core building blocks. The modular platform allows users to develop the next generation of application systems to build their digital future, today.
With over 45 years of customer-centric innovation, Software AG is ranked as a leader in many innovative and digital technology categories. Software AG has more than 4,300 employees, is active in 70 countries and had revenues of €873 million in 2015.

Learn more at www.softwareag.com.

Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany

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Software AG
Byung-Hun Park
Senior Vice President Corporate Communications
Uhlandstrasse 12
64297 Darmstadt
Tel: +49 6151 92-2070
Mobile: +49 151 64 911 317