2007 Press Coverage
27 Dec 2007
21 Dec 2007
Another reason the ASP model failed was because many providers thought they could just load an application but didn't really understand what they needed to do to support end users' applications over time, says Colleen Smith, software as a service director at Progress Software, which provides a platform on which ISVs can build SaaS applications. However, she says telcos can have success in SaaS, particularly if they work within an ecosystem in which there's shared risk and reward. That way, ISVs can build the best applications, she says, and service providers like telcos know how to provide consistent service, access and availability.
17 Dec 2007
Nine places where SOA is making a difference, right now
To run the world's largest particle accelerator. Event-driven SOA is now being employed for the monitoring controls at CERN (European Organization for Nuclear Research). Interestingly, the project is powered by Java-based technologies, not Web services. The SOA-based system takes readings from 30,000 gauges and publishes them to an enterprise service bus. Technicians at workstations and PC browsers — as well as autonomic systems and auditing databases–subscribe to the service readings.
14 Dec 2007
Business Intelligence: Your questions answered
Dr. Giles Nelson, Director of Technology, Progress Software:
Both are required. The business may wish for higher quality, more real-time insight into what’s going on but IT is key to ensure that requirements are real and well specified and that technology is delivered in the right way. If cooperation doesn't exist, either IT will be operating in a requirements vacuum or the business will make poor, rigid technology choices that won’t leverage existing IT investment. IT can also be a key source of innovation by bringing in more real-time technologies such as business activity monitoring (BAM).
10 Dec 2007
Algorithms' search for liquidity reaches slow-moving markets
John Bates, founder of Progress Software's Apama, said: "Algorithms have been taking advantage of high frequency markets for years, and in this context one of the most popular areas are algorithms for liquid exchange-traded derivatives."
10 Dec 2007
FX Platforms, Event Processors Partner Up
John Bates, founder and VP of Apama, says that pairing event processing with London-based FXall’s Accelor provides traders with a “new dimension” in real-time analytics and execution and will enable “microsecond access” to multiple liquidity providers. “We believe that it will give traders a clear advantage in e-FX,” notes Bates.
10 Dec 2007
Algorithms' search for liquidity reaches slow-moving markets
Algorithms that used to focus on trading high volume, high frequency instruments, such as equities, are moving into lower volume instruments and alternative asset classes.
05 Dec 2007
Aleri Consolidates Real-Time Liquidity Across Fragmented Market
While the largest Wall Street trading firms are likely to have developed such technology in-house--streamlining their processing of data inputs and reducing latency to see market information in as close to real time as possible--Aleri is one of several vendors, such as StreamBase Systems and Progress Software’s Apama division, offering software that provides similar capabilities to other market segments.
01 Dec 2007
Customers showed little interest in buying the lumber, perhaps because of its price. Yet the visual caught their eye, and they remained on the site far longer than usual. So much so that Rockler kept running the cedar image for more than a month. Typically, the Medina, Minn.-based Rockler changes visuals on its home page every week.
01 Dec 2007
Who's Winning the Database Wars?
Oracle Corp., IBM Corp. and Microsoft account for the vast majority of all database software licenses, says Forrester analyst Noel Yuhanna. Oracle accounts for 35 percent of the market with its Linux, Unix and Windows database platforms. IBM has a 33 percent market share with its DB2, Informix and IMS data servers. Finally, Microsoft controls 22 percent of the market with SQL Server and Access databases.
28 Nov 2007
Advice for Writing a Useful SOA RFP
If you've written – or are preparing to write – a SOA-related RFP, you might want to start by reading what David Bressler has to say about keeping it simple. Bressler is one of the bloggers at SOA Infrastructure Blog, which is a vendor blog operated by Progress Software. Not surprisingly, Progress is an application infrastructure software company that offers several SOA-related solutions, including an ESB and service management tools. He's Progress Software's SOA Management Evangelist, a title that always conjures images of an older Southern gentlemen with a gray pompadour and a bad suit, urging me to send money now.
28 Nov 2007
Using IT Backlogs as Metrics for SOA
Joe McKendrick does a good job in highlighting a new notion: "How do you measure SOA success? Try IT backlogs." This was from a Podcast posted by Hub Vandervoort, CTO of Progress Software. Clearly, that's the case, but just looking at IT backlogs could be a bit too rudimentary when considering SOA.
27 Nov 2007
Datasul deploys ERP over SaaS model - Brazil
Brazilian corporate software company Datasul (Bovespa: DSUL3) is leveraging software of its application partner Progress Software to offer an on-demand ERP system via a software as a service (SaaS) model, Progress Software said in a statement.
26 Nov 2007
Neovest's Do-It-Yourself Algo Revolution
Other technology providers, such as Progress Apama, FlexTrade and Portware, offer tool kits that enable traders to build their own algos, but these typically require some programming or computer skills and are not set up to readily use broker algos as components within a larger execution strategy.
20 Nov 2007
Amazon EC2 offers a shortcut to SaaS
But with the noteworthy exception of Progress Software, no conventional platform vendor has yet got to grips with the SaaS proposition. IBM, as noted above, has just promised to release a first attempt at a packaged cloud computing platform, while the architecture team at Microsoft has been busy prodding the various server development teams into prioritizing SaaS readiness.
20 Nov 2007
Amazon EC2 offers a shortcut to SaaS
But with the noteworthy exception of Progress Software, no conventional platform vendor has yet got to grips with the SaaS proposition. IBM, as noted above, has just promised to release a first attempt at a packaged cloud computing platform, while the architecture team at Microsoft has been busy prodding the various server development teams into prioritizing SaaS readiness.
19 Nov 2007
In June, Progress Software Corp.'s Apama division integrated its systems with the Dow Jones Elementized News Feed. "Proprietary traders at hedge funds, banks and other financial institutions buy Apama to aid in writing their own algorithmic models," explained Brad Bailey, senior analyst at Boston-based Aite Group. "They can use the news feed's information to help in the trading of stocks and other asset classes."
16 Nov 2007
Answers to Three Basic SOA Questions
So, that’s why I liked Joe McKendrick’s column this week. McKendrick shares how Hub Vandervoort, CTO of Progress Software, measures SOA success by measuring the level of IT backlogs.
15 Nov 2007
Progress Sonic Deployment Manager (SDM) allows enterprises to model all aspects of large-scale Sonic SOA deployments, and test would-be production environments prior to deployment. It automates repeatable installations and configurations, and may be used within a project development life cycle to move components from one staging environment to the next.
14 Nov 2007
Podcast: Progress' Vandervoot Offers a Simple Way to Measure SOA Success
Hub Vandervoort, CTO of Progress Software, has a simple and direct way to measure SOA success -- the level of IT backlogs. I recently spoke to Hub as part of out podcast series connected to the recent InfoWorld Executive Forum.
14 Nov 2007
How Do You Measure SOA Success? Try IT Backlogs
Hub Vandervoort, CTO of Progress Software, has a simple and direct way to measure SOA success — check out the level of IT backlogs. Hub shared this approach as part of a podcast interview I conducted as part of the run-up to recent InfoWorld Executive Forum.
13 Nov 2007
Progress Apama Parnters with FXall for Accelor Access
Progress Software announced that its Progress Apama algorithmic trading platform now offers access to FXall’s Accelor foreign exchange anonymous electronic communication network (ECN).
12 Nov 2007
Xenomorph Signs Société Générale; Upgrades Platform
Xenomorph's data management tools compete with offerings from Kx Systems in Palo Alto, Calif. and Vhayu Technologies of Los Gatos, Calif.; Bedford, Mass.-based Progress Software Corp.'s Apama unit and Great Neck, N.Y.-based FlexTrade Systems are rivals in the decision support area.
08 Nov 2007
Software as a Service's next wave of opportunity will come in the form of vertically-oriented industry hubs or exchanges that have the potential to turn traditional customer relationships upside down for ISVs and VARs.
05 Nov 2007
Progress Sonic and Cape Clear blaze the SOA trail
Progress Sonic ESB Product Family 7.5
Progress Sonic’s ESB suite has made impressive strides since I last visited the product. In addition to seeing the light of BPEL and adopting WS-ReliableMessaging, the company has extended an olive branch to developers by dumping the old Workbench. The new IDE greatly simplifies configuring, testing, and deploying processes and services, and it helps to mask a good deal of the complex SonicMQ underpinnings of the ESB.
02 Nov 2007
Anders Båth "We want to be the antithesis"
New Progress Software Sweden Managing Director speaks with IDG's IT24 about Progress' place in the Swedish IT market. Anders explains “we want to be the antithesis” to the large, monolithic platform approach to SOA infrastructure offered by the competition.
01 Nov 2007
Truviso Algorithmic Platform Uses SQL-Based Event Processing
A blog from Progress Software Corp.’s Apama division says that although a number of new vendors are advocating the use of SQL, they believe it is not the ideal way to build CEP-based applications. “SQL is certainly well understood,” says the blog, “but by providing an SQL interface to event processing products, practitioners assume that an SQL way of thinking will be appropriate. It isn’t. By thinking of event processing as actually a real-time database you get stuck in a database-centric design pattern.”
01 Nov 2007
This is a dangerous reduction of the situation. Even in the tech world, says Diane Albano, vice president of Americas operations at Progress Software, "People are still selling to people, trying to solve a problem." Progress promotes sales effectiveness of businesses across many verticals, and Albano says the key is communicating. "If you can get that message across to your team, you'll have happier customers and more motivated workers."
01 Nov 2007
Rockler.com launched EasyAsk search and navigation features this past February, and two months later rolled out the EasyAsk analytics functionality to identify popular searches and those that were not returning products, according to Werden.
31 Oct 2007
Managing Web services and SOA applications
And Network World isn't the only industry watcher with SOA management on its radar. Separately, Forrester Research vice president and principal analyst Randy Heffner recently put out a series of reports on stand-alone tools to manage SOA and Web services. Forrester looked at products during July and August of this year and interviewed vendor and user companies to determine what tools are available today. Vendors included Amber Point, BEA Systems, CA, HP, IBM, Microsoft, Oracle, Progress Software, SAP and more. The research firm also defines what it sees as SOA and Web services management, something the analyst group considers critical for any SOA implementation.
29 Oct 2007
FSA Dives into Hedge Funds and Sets Out Guidelines to Prevent Market Abuse
The FSA itself recently started using Progress Apama's complex event processing platform, which streams massive amounts of data and detects in real-time complex patterns among many events and relationships between events, such as causality and timing. The platform enables the FSA to detect insider trading and other market abuses as they occur.
29 Oct 2007
The FSA recently recently announced its use of Progress Apama's Event Processing Platform to monitor transactions and detect insider trading and other market abuses as they occur. "The FSA has a portfolio of hundreds of scenarios that can be instances of abuse. Before they'd record the information and analyze it after the fact. But by the time you detect it, the market has long been moved by it," says Dr John Bates, founder and vice president, Progress Apama.
25 Oct 2007
Site search functionality keeps digging deeper into searchandising
Consumers` expectations about the quality of the online shopping experience keep rising, and the providers of site search technology keep refining search and navigation functionality to keep up with that demand. Many of the newer developments in site search are further builds on the blend of search and merchandising, according to Don Harris, EasyAsk product manager at search, navigation and merchandising vendor Progress Software Corp.
25 Oct 2007
Site search functionality keeps digging deeper into searchandising
Many of the newer developments in site search are further builds on the blend of search and merchandising, according to Don Harris, EasyAsk product manager at search, navigation and merchandising vendor Progress Software Corp.
25 Oct 2007
Neovest's Do-It-Yourself Algo Revolution
Other technology providers, such as Progress Apama, FlexTrade and Portware, offer tool kits that enable traders to build their own algos, but these typically require some programming or computer skills and are not set up to readily use broker algos as components within a larger execution strategy.
24 Oct 2007
22 Oct 2007
Four tips for making SOA about the business
Your SOA implementation will require plenty of technology upgrades, but a good project can solve some tactical business problems before it addresses the back-end infrastructure, says Keith Sievers, CIO at Kemper Auto and Home Insurance in Jacksonville, Fla.
22 Oct 2007
SOA foundational elements, including registry and run-time governance products from such vendors as AmberPoint, HP (via the Mercury Interactive acquisition of Systinet) and SOA Software; a message bus and integration software from such vendors as Progress Software; and dedicated XML-processing appliances from such vendors as IBM (via its DataPower acquisition) and Cisco (via its Reactivity buy).
22 Oct 2007
9. Progress Software's Actional for SOA Operations What does the product do? One of three products the company offers for SOA management, Actional for SOA Operations uses agent technology that watches messages entering and exiting XML appliances and application servers to build a map of what happens in an SOA infrastructure. The software helps IT staff dealing with the base-level requirements around managing SOA, including performance alerting, dependency analysis, problem detection and resolution.
19 Oct 2007
Progress offers tools for large ESB deployments
Progress Software's Sonic ESB group is productizing a deployment tool that has developed out of its larger ESB (Enterprise Service Bus) engagements
19 Oct 2007
Progress Offers Tools for Large ESB Deployments
Progress Software’s Sonic ESB group is productizing a deployment tool that has developed out of its larger ESB (Enterprise Service Bus) engagements.
18 Oct 2007
Progress Software Announces Sonic Deployment Manager
Progress Software Extends Lead in Distributed SOA. Progress Sonic Deployment Manager enables widely distributed SOA deployments with centralised management.
18 Oct 2007
Progress Software extends SOA reach with new deployment manager offering
Progress Software Corp. is offering developers a leg up in clearing one of the last hurdles in service-oriented architecture (SOA) — deployment. Its Sonic Deployment Manager (SDM), which it announced this week, is designed to allow enterprises to model all aspects of a deployment and test production environments before roll-out.
18 Oct 2007
Progress Announces Sonic Deployment Manager and DataDirect Shadow 7
Progress Software today announced new products from two of its SOA divisions. Sonic is moving further into the management space with SDM (Sonic Deployment Manager) while Data Direct is releasing Shadow 7, a new version of its mainframe integration package that features improved support for SOA standards and IBM's zSeries hardware.
17 Oct 2007
Progress Software extends lead in distributed SOA
Progress Software has announced the general availability of the Progress Sonic Deployment Manager.
15 Oct 2007
Diane Albano: Bridging Experience and Innovation to Create Sales Success
SellingCrWith 20 years of expert sales experience under her belt, Diane Albano stands as one of the industry’s most recognized and celebrated leaders who is also an effective and inspired sales professional, pushing the limits of her success through innovation and strategy modernization.
15 Oct 2007
11 Oct 2007
Layer 7 Plans Move into “ESB Lite” Market
This could soon make its biggest competitor AmberPoint, the Web services management vendor that sells through many of the same partners, while Vordel will compete more with standalone management players like Actional and SOA Software.
10 Oct 2007
WPF and the Need to Visualize CEP/ESP Data
The requirement for near-instant analysis and response to continuous streams of market data has encouraged several software vendors—StreamBase, Apama, Truviso, and Coral8, to name a few—to develop products that support techniques such as complex event processing (CEP) and event stream processing (ESP).
08 Oct 2007
Seven Smart Statements About SOA
In talking about SOA without Web services, Progress Software Corp. CTO Hub Vandervoort said: "With most financial services firms, especially in the front office trading environment and especially as it relates to exchanges, you simply can't meet their performance objectives with the WS-standards today
04 Oct 2007
Algorithmic trading gets smarter after quant upset
Extreme events this summer exposed weaknesses in computer strategies
04 Oct 2007
Algorithmic trading gets smarter after quant upset
The knives are out in the ultra-secretive world of quant-based trading. The past two months have not been kind to computer-driven funds, including those run by Renaissance Technologies, DE Shaw, Goldman Sachs, JP Morgan’s Highbridge Capital Management, US hedge fund Tykhe Capital, State Street Global Advisors and AQR Capital, which are among the many to have reportedly suffered billion-dollar losses.
01 Oct 2007
Algorithmic trading gets smarter after quant upset
01 Oct 2007
Crossing the Asset-Class Chasm
Ian Battye and Michael DuCharme are focused on foreign exchange trading at Russell Investment Group. But foreign currency isn't the only asset class on their minds these days
01 Oct 2007
Event Processing: A new technology for leveraging streaming FX data
25 Sep 2007
NYMEX Deploys PRGS's Solution; Replaces TIBX's Product
Progress Software announced that NYMEX, a subsidiary of NMX, had selected its SonicMQ distributed enterprise messaging platform. NYMEX selected Progress because it felt PRGS's solutions were capable of handling the additional messaging it expects to encounter with the launch of the Dubai Mercantile Exchange. Prior to choosing SonicMQ, NYMEX was using TIBCO's SmartSockets product to address its messaging needs. The newly selected messaging platform will provide NYMEX with the ability to handle 1.2 million contracts per day, more than 50,000 messages per second and will allow NYMEX to replace disparate messaging solutions with one enterprise messaging system. Financial terms of the deal were not disclosed. (BDM)
21 Sep 2007
Tech Shares Rebound on Oracle Earnings
Progress Software lost 99 cents, or 3.2%, to $30.32 on Nasdaq despite a 47% jump in third-quarter net income. The business-software company's revenue climbed 9.9% to $122 million, but adjusted per-share earnings fell short of Wall Street's estimates.
21 Sep 2007
From Birmingham to New York, diverse cities vary in strengths, weaknesses 4. Boston, 283 points: New England's largest city not only benefits from a bevy of legacy firms like missile maker Raytheon Corp. and retailer TJX Cos., the city is home to a multitude of small tech firms like Progress Software Corp. (PRGS: Progress Software Corp)
21 Sep 2007
Progress Evolves: Fool by Numbers
On September 20, Progress Software (Nasdaq: PRGS) released third-quarter earnings for the period ending August 31, 2007. Let’s run the numbers to see how the maker of business management software fared.
21 Sep 2007
Progress Software 3rd-quarter earnings rise 47%
Application infrastructure software provider Progress Software says its fiscal third-quarter profit grew as revenue increased. The Bedford-based company says results were boosted by strength in its enterprise product lines.For the quarter ended August 31st, the company earned $13 million, up from nearly 9 million a year ago.
20 Sep 2007
Nasdaq Gives Back Gains After Two-Day Rally
Progress Software lost $1.73, or 5.5%, to $29.58 on Nasdaq despite a 47% jump in third-quarter net income. The business-software company's revenue climbed 9.9% to $122 million.
20 Sep 2007
Progress Software 3Q Profit Up
Progress Software 3rd-Quarter Earnings Rise 47 Percent, Supported by Enterprise ProductsApplication infrastructure software provider Progress Software Corp. said Thursday its fiscal third-quarter profit grew as revenue increased, boosted by strength in its enterprise product lines.
20 Sep 2007
Progress 4Q Profit to Meet Estimates
Progress Software Expects 4th-Quarter Profit and Sales to Increase Application infrastructure software provider Progress Software Corp. said Thursday it expects fourth-quarter adjusted earnings in line with Wall Street's expectations.
20 Sep 2007
Thursday morning, Progress Software Corporation (PRGS | charts | news | PowerRating) a provider of application infrastructure software for business applications, announced third quarter earnings that rose year-over-year on higher revenue. The company also provided guidance for the fourth quarter and fiscal 2007 and fiscal 2008.
20 Sep 2007
![Progress Software Q3 Non-GAAP Profit Rises 22%, Revenues Up 9%; Guides Q4, FY07 - Quick Facts [PRGS]](/progress_software/investors/graphics/rttlogo.jpg)
Progress Software Q3 Non-GAAP Profit Rises 22%, Revenues Up 9%; Guides Q4, FY07 - Quick Facts [PRGS]
Progress Software Corp. (PRGS) announced its third quarter financial results, reporting on a GAAP basis, net income increased 47% to $13.0 million, from $8.9 million in the same quarter last year. Earnings per share increased 43% to $0.30 from $0.21 in the same quarter of fiscal 2006. Operating income increased 46% to $17.8 million, from $12.2 million in the third quarter of fiscal 2006.
14 Sep 2007
The Tote, the UK’s state-run betting system, needed to connect to systems all over the world. It chose to do that with Progress Sonic. “We looked at what city traders’ were doing with their technology, because we regard ourselves as essentially trading in bets,” says system architect Andrew Ling. “We saw service-oriented architecture as a way to achieve the agility we needed.”
07 Sep 2007
Software-as-a-Service (SaaS) is touted as a more agile and cost effective software delivery model than the traditional licensing approach. But as David Longworth discovers, not all SaaS offerings are made equal.
20 Aug 2007
EasyAsk's Search and Merchandising Boosts Bottom Line
Every e-commerce company is looking for ways to increase conversion rates. If they're not, chances are they won't be in business for long.
20 Aug 2007
Traditional Investigation Methods and New Tech Help Catch Insider Traders
One of the latest technologies to be used in insider trading cases is complex event processing (CEP). CEP employs analytic techniques such as event streams processing, event correlation and abstraction, and event hierarchies to detect complex patterns among many events and relationships between events, such as causality and timing. The FSA recently announced its use of Progress Apama's Event Processing Platform to monitor transactions and detect insider trading and other market abuses as they occur.
16 Aug 2007
SOA registries and the Dilbert complex
David Bressler takes me (and others) to task on observations that registries are a key part of the ingredients that separate SOA from JBOWS.
10 Aug 2007
TODAY'S NEWS ( 8/10/2007 )
Progress Software announced the newest version of Progress EasyAsk search, navigation and merchandising software designed to improve e-commerce performance. The new 64-bit platform enhancement delivers a increase in both performance and scalability, and will support online catalogues consisting of several million items that can be searched, found and purchased.
08 Aug 2007
Progress Software Upgrades EasyAsk for e-Commerce
Progress Software Corporation (NASDAQ: PRGS), a supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced the newest version of Progress(R) EasyAsk(R) search, navigation and merchandising software designed to significantly improve e-commerce performance.
03 Aug 2007
DataDirect Technologies of Bedford, Mass. , an operating company of the Progress Software Corporation, has been named a benefactor member of Health Level Seven.
03 Aug 2007
My recent non-technical Apama briefing has now had a much more technical sequel, with charming founder and former Cambridge professor John Bates. He still didn’t fully open the kimono – trade secrets and all that — but here’s the essence of what’s going on.
28 Jul 2007
Colleen Smith, vice president, Software as a Service Partner Program, Progress Software, developed a new SaaS channel program geared to drive new SaaS business initiatives into the market.
24 Jul 2007
New search platform lifts conversions and basket size at Rockler.com
Woodworking tool and hardware retailer Rockeler.com has experienced a 30% boost in its conversion rate since deploying the EasyAsk search, navigation and merchandising platform of Progress Software Corp. three months ago, Rockler reports.
23 Jul 2007
Turning Integration on Its Head
Progress represents another take on service-oriented integration: the enterprise service bus. Enterprise service bus products handle the same linkage chores as the IBMs and Tibcos of the world, but were designed from the start as a standards-based approach to integration. Enterprise service bus supporters also contend that the technology is better suited to event-driven architecture, an approach for building systems that respond to events in real time.
17 Jul 2007
The importance of building a better brand through the Web
“You really have to look at the shopping experience as a whole -- if I want to search for black shirts, and I type in ‘black shirts,’ all black shirts had better come up or the customer is going to be frustrated,” explained Larry Harris, vp and general manager of EasyAsk.
16 Jul 2007
SOA Projects Link to Mainframe Batch Systems
After selecting the Sonic enterprise service bus (ESB) from Progress Software Corp. he also decided to implement what Progress is calling the "leave and layer" approach. In this SOA strategy, legacy applications continue to provide required data to the new services-based applications until the old technology can be replaced.
16 Jul 2007
SOA News: Iona's Open Source Initiative
In other SOA news, A Canadian provider of extended health and dental coverage is using Progress Software's enterprise service bus product to improve customer services and consolidate its legacy IT systems. Pacific Blue Cross needed a more flexible IT structure to accommodate customer payment options specified by the Canadian Payment Association. The company selected Progress' Sonic ESB to support new services and reduce enrollment processing times.
16 Jul 2007
Another CEP engine used in government is Progress Software’s Apama. One could call Apama the godfather of complex-event processing.
13 Jul 2007
Throughput is around 50,000 events per second per server with sub-millisecond latency, which is lower than the likes of Coral8, Progress Apama or Streambase but, as I have noted before, the cost of any additional servers you might need is relatively small compared to the licence fees for the software, though it is obviously a less green solution if you need multiple servers rather than one.
12 Jul 2007
Stopping integration as an 'accident'
This was the target being addressed by Progress Software with its acquisition last year of Pantero and its Semantic Integrator Engine. It was another step along the road that Progress has been following lately, of buying technology that should build into a complete SOA technology stack.
06 Jul 2007
Beyond the Stack: Another Option for BPM, SOA
This is a “best of breed stack” solution: That’s how you might think about this joint offering. Teamworks can stand alone; it does have its own integration facilities. But if customers want a more complete stack, we can talk to them about using Progress Sonic if they’re interested.
03 Jul 2007
Finally, and perhaps most excitingly of all, the FSA (the UK's Financial Services Authority) will be powering its SABRE II (surveillance and automated business reporting) system based on a solution provided by the Detica Group that will be based on the Progress Apama platform.
03 Jul 2007
How to improve online sales by enhancing Search
Leading players include Endeca Technologies, InQuira, Progress Software, SLI Systems, Visual Sciences and Vivisimo. All but InQuira and Vivisimo also offer search-based merchandising capabilities for e-commerce sites. SLI Systems provides its tools as a hosted service, while the other tools are designed to be deployed at the enterprise.
29 Jun 2007
Progress goes for the SaaS market
Progress Software has made numerous announcements about its software as a service (SaaS) capabilities in recent months. Although Progress has had the capability to operate in this market for some time, the announcements suggest that the company now sees SaaS as an area with significant growth potential for its infrastructure software, and is putting in place the partnerships to exploit this.
28 Jun 2007
Progress Adds New Features to ObjectStore
Progress Software has upgraded its ObjectStore solution to version 7, enhancing a solution that supports high-performance caching for service-oriented architectures (SOAs). The enhancements include new monitoring and management tools, as well as support for Java Development Kit 5 (JDK 5) and additional platforms and compilers.
26 Jun 2007
Maryanne Kane Talks with Progress Software CEO Joe Alsop
Night on ceo corner: maryanne kane talks with progress software ceo joe alsop about what makes the bedford, mass company an industry leader. That's tomorrow night at 8:30 on necn. That's it for this week in business. I'm paul guzzi. Mike nikitas will be back with us next weekend. Thank you for joining us.
26 Jun 2007
An SOA Built Without Web Services!
“This is very much event-driven SOA, but there are no Web services in use,” said Hub Vandervoort, CTO of the Enterprise Infrastructure Division at Progress Software Corp., which supplied the JMS technology.
26 Jun 2007
Overcoming Chaotic Data With Coral8
Compared to the well-provisioned dashboards and wizards in products such as Progress Apama, Coral8 also comes up short.
25 Jun 2007
Analysis: SOA-Aware Network Infrastructure
Because building a SOA is such a major undertaking, early ESBs were used only by very large enterprises. The total installed base in 2006 was less than 600, according to Gartner Dataquest, many in extremely large data centers: ESB pioneer Sonic Software, now owned by Progress Software, says that at least 20 of its customers run its Progress Sonic ESB on 100 or more CPUs.
22 Jun 2007
Realizing the Sensor Enabled World
RFID technology has been around for nearly 60 years, but only in the last 6 years we have begun to see an explosion in the interest in this technology and in its application to various business problems. Many applications are starting to take advantage of the ability to track assets at a much finer level of granularity than was available before. Growth has also been seen in sectors where existing technology limitations have made it tough to generate accurate updates of what items are where.
21 Jun 2007
Vendors still don't get SMB IT
Kernochan observed that some application vendors, including Progress Software, have been more effective in targeting smaller markets.
21 Jun 2007
In Search of the Right Search Technology for Your Customers
Leading players include Endeca Technologies, InQuira, Progress Software, SLI Systems, Visual Sciences and Vivisimo. All but InQuira and Vivisimo also offer search-based merchandising capabilities for e-commerce sites. SLI Systems provides its tools as a hosted service, while the other tools are designed to be deployed at the enterprise
19 Jun 2007
JMS-based SOA monitors CERN particle accelerators
The Technical Infrastructure Monitoring (TIM) system is an example of how SOA can be done relying on Java standards and technology rather than Web services standards and technology, said Hub Vandervoort, CTO of the Enterprise Infrastructure Division at Progress Software Corp.
18 Jun 2007
SOA Uptake Still 'Early,' Analysts Say
Progress Software and Lombardi are jointly marketing each other's products, which can be used for an SOA. The companies are teaming up to support Lomb.
18 Jun 2007
SOA Uptake Still 'Early,' Analysts Say
Progress Software and Lombardi are jointly marketing each other's products, which can be used for an SOA. The companies are teaming up to support Lombardi's business process management platform and Progress' Sonic ESB (Enterprise Service Bus).
18 Jun 2007
SOA Uptake Still 'Early,' Analysts Say
Progress Software and Lombardi are jointly marketing each other's products, which can be used for an SOA. The companies are teaming up to support Lombardi's business process management platform and Progress' Sonic ESB (Enterprise Service Bus).
18 Jun 2007
SOA Uptake Still 'Early,' Analysts Say
Progress Software and Lombardi are jointly marketing each other's products, which can be used for an SOA. The companies are teaming up to support Lombardi's business process management platform and Progress' Sonic ESB (Enterprise Service Bus).
18 Jun 2007
SOA Uptake Still 'Early,' Analysts Say
Progress Software and Lombardi are jointly marketing each other's products, which can be used for an SOA. The companies are teaming up to support Lombardi's business process management platform and Progress' Sonic ESB (Enterprise Service Bus).
18 Jun 2007
The SOA requirement for data integration
In the rush to build out service-oriented architecture a few fundamentals have gotten lost in the shuffle, perhaps none more than data integration. Given that, it's no surprise to see Red Hat scoop up MetaMatrix while IBM, Oracle, BEA and Progress Software continue to push their data integration platforms. These companies do their homework. They know a lot of users are feeling a pinch when it comes to data flexibility and consumption.
18 Jun 2007
TruViso: shaking up the Streaming market
The market for streaming software bloomed into existence when it spawned a whole series of start-ups, led by Apama (now part of Progress Software) and StreamBase.
18 Jun 2007
Reaping long-term value from SOA requires a certain level of governance
Dan Foody, a VP with IT infrastructure vendor Progress Software, says the loosely coupled nature of services in an SOA implementation limits the ability of traditional application management tools to effectively monitor service performance.
15 Jun 2007
Foolish Forecast: Resuming Progress?
After posting back-to-back "earnings misses," Progress Software (Nasdaq: PRGS) pulled out of its slump last quarter and beat the estimators at their own game. Will it begin a new streak, and start off next week with a bang, when it reports second-quarter 2007 earnings Tuesday morning?
15 Jun 2007
Event Processing: The Next Disruptive Technology
While CEP is currently dominated by a handful of specialty players in the BI vendor mold (StreamBase, Coral8, Progress (Apama), etc.), it's pretty clear that the infrastructure vendors are going to be all over this technology (through acquisition or organic development).
12 Jun 2007
Automated Orders Push Trading Capacity Limits
Mark Palmer, general manager of the Apama Division of Progress Software, which makes algorithmic trading platforms, said growth in automated trading has stretched the capacity of U.S. equities markets. "Unfortunately, we see it on a weekly basis," said Palmer, when asked about trading delays related to volume. "Those that hit the media are the big ones, but it happens all the time. Stuff is going to break and it's going to break a lot."
12 Jun 2007
Progress Software and Lombardi Announce Partnership
Lombardi®, a leader in business process management (BPM) suite software for Global 2000 companies, and Progress Software Corporation (NASDAQ: PRGS), a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced a strategic alliance to jointly market and sell the Lombardi Teamworks® BPM platform and the Progress® Sonic ESB® (Enterprise Service Bus).
12 Jun 2007
Automated Orders Push Trading Capacity Limits
Mark Palmer, general manager of the Apama Division of Progress Software, which makes algorithmic trading platforms, said growth in automated trading has stretched the capacity of U.S. equities markets. "Unfortunately, we see it on a weekly basis," said Palmer, when asked about trading delays related to volume. "Those that hit the media are the big ones, but it happens all the time. Stuff is going to break and it's going to break a lot."
12 Jun 2007
Automated Orders Push Trading Capacity Limits
Mark Palmer, general manager of the Apama Division of Progress Software, which makes algorithmic trading platforms, said growth in automated trading has stretched the capacity of U.S. equities markets. "Unfortunately, we see it on a weekly basis," said Palmer, when asked about trading delays related to volume. "Those that hit the media are the big ones, but it happens all the time. Stuff is going to break and it's going to break a lot."
11 Jun 2007
Market Report -- In Play (WIRES)
Progress Software (PRGS) and Dow Jones (DJ) announce a global agreement to provide the Dow Jones Elementized News Feed via the Progress Apama Algorithmic Trading Platform.
10 Jun 2007
Real-Time Ambition: Reaching the Potential of Event Processing
Where CEP once was a custom project, it has been productized in recent years by vendors including Apama (acquired by Progress Software in 2004), Vhayu, StreamBase, Coral8, RiverGlass Inc. , TIBCO, Aleri, Syndera and SeeWhy.
07 Jun 2007
Progress Launches Apama-Based PowerAlgo
Progress Software and Korean financial IT vendor, Koscom have launched 'PowerAlgo', a Korean-language version of the Progress Apama Algorithmic Trading Platform.
06 Jun 2007
Progress Software Corp. Announces Launch Of Apama-Based PowerAlgo
Progress Software Corp. announced the launch of PowerAlgo, a Korean-language version of the Progress Apama Algorithmic Trading Platform. PowerAlgo, the first commercially-available algorithmic trading platform in Korea, is seamlessly integrated with Koscom's existing Order Management System to enable customers to algorithmically and automatically trade equities, futures and options on the Korean Exchange.
06 Jun 2007
Progress Software (PRGS) Launches PowerAlgo
Progress Software Corporation (NASDAQ: PRGS) announced the launch of 'PowerAlgo', a Korean-language version of the Progress Apama Algorithmic Trading Platform. PowerAlgo, the first commercially-available algorithmic trading platform in Korea, is seamlessly integrated with Koscom's existing Order Management System to enable customers to algorithmically and automatically trade equities, futures and options on the Korean Exchange (KRX).
05 Jun 2007
Monitoring and controlling thousand of devices
DDJ: Joining us is Hub Vandervoort, CTO of Progress Software's Enterprise Infrastructure Division. Hub, CERN, the Conseil Europen pour la Recherche Nuclaire (or, in English, that's the "European Council for Nuclear Research"), recently began using SonicMQ software from Progress Software. What problem were the folks at CERN trying to solve?
05 Jun 2007
Guaranteeing uptime at world's largest particle physics lab
CERN improves monitoring and control of technical infrastructure. As the European agency CERN was gearing up to build the world's largest particle accelerator, officials there knew they could not afford to have problems in their technical infrastructure cause any downtime. By June 2005, CERN fully deployed a new solution using Progress Software's SonicMQ, an enterprise messaging system, and an Oracle application server called OC4J.
04 Jun 2007
Algo trading raises stakes for market regulators
"It's like the Cold War," said John Bates, founder of Progress Apama event processing technology. "People are sending out submarines and sometimes they'll see other submarines and follow them and track them," he said.
04 Jun 2007
Algo trading raises stakes for market regulators
The NFA uses what Mr. Dasso described as automated systems for surveillance purposes, and the NASD utilizes pattern recognition tools. A major U.S. financial regulator also has closed a deal to use an algorithm platform from Progress Software, according to sources.
04 Jun 2007
Algorithmic trading creates a caste system
“As a software vendor we are literally providing the same functionality to the biggest sell-side institutions as to a five-person firm,” said Mark Palmer, general manager of the Apama Division of Progress Software, which makes algorithmic trading platforms. “They don't have the infrastructure but are using some similar trading algorithms.”
04 Jun 2007
Algo-trading costs creating two classes of traders
“As a software vendor we are literally providing the same functionality to the biggest sell-side institutions as to a five-person firm,” said Mark Palmer, general manager of the Apama Division of Progress Software, which makes algorithmic trading platforms. “They don't have the infrastructure but are using some similar trading algorithms.”
01 Jun 2007
QAD and Progress Software extend partnership around SOA for lean
The new agreement means that the pair will now go beyond the Progress OpenEdge application