Software AG Launches Alfabet FastLane for Quick and Easy IT Portfolio Management in the Cloud

DARMSTADT, Germany–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Cumulocity?src=hash” target=”_blank”gt;#Cumulocitylt;/agt;–Today Software
AG
(Frankfurt MDAX: SOW), the market-leading software provider for
business transformation, announced the release of Alfabet
FastLane
, a new Software as a Service (SaaS) solution that offers
organizations the means to quickly and easily set up an IT portfolio
management (ITPM) practice for governance and optimization of their IT
landscape. Alfabet FastLane comes with pre-configured portfolio
analyses, pre-built reports and dashboard views that provide commonly
needed answers on portfolio issues, step-by-step guidance for data entry
and user assistance to aid in task completion. Built on best practices
gleaned from years of experience as the market leader in ITPM, Alfabet
FastLane provides CIOs, IT directors and other senior IT staff a
pragmatic, proven tool that can be used to improve business and IT
agility, create operational efficiencies, and manage IT costs.

Delivering value within days – not months

A challenge often encountered by organizations when implementing a
portfolio management tool is the time and effort needed to get the
product up and running at a level sufficient to allow staff to take
effective, no-risk decisions on business and IT change. The ability of
the IT to reliably support business initiatives is questioned and
organizational effectiveness hampered. Alfabet FastLane requires no set
up, configuration or training. Product navigation is intuitive, loading
portfolio data is straight-forward and the analyses needed to direct
decisions are delivered out-of-the box. Eighteen ready-to-go reports –
“Business Questions” in Alfabet FastLane – answer questions around
governance, transparency, rationalization, road-mapping and risk. These
reports show portfolio aspects such as application numbers, portfolio
redundancies, architectural dependencies, cost drivers, use of sensitive
data and technical debt. Alfabet FastLane lets organizations focus on
essential data and not ITPM tools and processes for faster time-to-value.

“The pace of our customers’ business environments has increased
tremendously with digitalization and global competition. Agility is key
and growing businesses have neither the time nor capacity to build their
own portfolio management practice to manage IT landscapes that are
increasing in size and complexity. Software AG’s many years of
partnering with strategic planning and portfolio management industry
leaders has given us an understanding of what is truly essential in IT
to drive business innovation,” said Dr. Stefan Sigg, Chief Product
Officer of Software AG. “Alfabet FastLane’s out-of-the-box approach
absolutely addresses the needs of smaller IT teams and companies
preferring a self-service software tool that will get them up to speed
quickly.”

Alfabet FastLane key features

  • Quick set-up, instant ITPM to deliver value fast: Pure SaaS
    offering; zero configuration and implementation needed. Delivers value
    quickly and easily with pre-defined business questions, reports, roles
    and simple, guided data upload. Enables focus on building the
    enterprise repository instead of tool configuration. Provides
    instantly meaningful, actionable IT insights for improved business
    support.
  • Complex IT portfolio management made easy: Manages business,
    application, information and technology portfolios in one easy-to-use
    interface, offering immediate insight into the level of data
    governance and completeness across portfolios to highlight potential
    action areas and gaps in architecture understanding.
  • Business questions answered: Relates IT portfolio management to
    business outcomes for a successful ITPM practice that delivers real
    value. Alfabet FastLane provides answers to business-relevant
    questions to help analyze portfolios and gain instant insights – using
    pre-configured reports and executive-ready graphical dashboards.
  • Frequent innovation cycles: Bi-weekly product updates
    delivering new features developed in collaboration with Alfabet
    FastLane customers.

Alfabet: Market-leading product portfolio

The Alfabet
product portfolio
has consistently been ranked as a leader by
analysts for its enterprise architecture and portfolio management
solutions, shaping the market and leading in innovation for over a
decade. Alfabet FastLane is built on best practices and a proven
methodology based on years of experiences. Alfabet FastLane is fully
extensible into Alfabet’s enterprise-grade solution.

Find out more on: http://alfabetfastlane.com

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.

Software AG has more than 4,700 employees, is active in 70 countries and
had revenues of € 866 million in 2018.

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

Software AG | Uhlandstrasse 12 | 64297 Darmstadt | Germany

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Contacts

Software AG
Lisa Coulouris, 617-413-7062
[email protected]

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