Software AG Financial Model Deep Dive Call Transcript
Ladies and gentlemen, thank you for standing by. I am Sugi, your Chorus Call operator. Welcome, and thank you for joining the Software AG Financial Model Deep Dive Conference Call. (Operator Instructions)
I would now like to turn the conference over to Otmar Winzig, Head of Investor Relations. Please go ahead, sir.
Thank you, and good evening, ladies and gentlemen. Welcome to Software AG's telephone conference and webcast on our business and financial model. In the course of last year, we had discussions about the financial rules, definitions and metrics, which apply during the transformation from perpetual to subscription licensing and SaaS contracts. Through that learning curve, we found better ways to explain and apply these insights with forecast and modeling. Today, the CFO of Software AG, Dr. Matthias Heiden will sum it all up and present our new reporting structure, an easier way to get from bookings to revenue and the steps to reach 2023 ambition. Some of this will be
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