Software AG, a global vendor of of business process excellence solutions, was confirmed as winner of the HSBC International Growth Strategy of the Year at the European Business Awards 2011 in Barcelona. The accolade reflected Software AG’s growth over the past 18 months following the launch of its product portfolio.
The award recognised the company’s shift in focus from product to process had led to significant growth. For Phil Forrest, chairman of judges, “Software AG’s 40 years of innovation in offering customers a portfolio of end to end business process management solutions is proof that in the highly competitive world of software supply, specialisation and focus on a key performance improvement can deliver effective growth.”
Karl-Heinz Streibich, CEO, Software AG said: “This prestigious award is proof that focus combined with agility creates competitiveness. We are a European software company competing in a world of IT giants and it is testament to our people to have been acknowledged in this way.”
“Business process excellence allows companies to continuously monitor, manage and optimise their business processes in order to increase productivity and competitive advantage while simultaneously reducing costs,” added Darren Roos, COO EMEA and member of the Group Executive Board of Software AG. Since 2007, the European Business Awards have recognised excellence, innovation and best practice in all disciplines of business.