Press Coverage

08 May 2008		Information Problem for 90% of Companies An investigation of Progress Software shows information is a problem in 90% of the companies



08 May 2008		ING Offers its Clients Advantages of Algorithmic Trading ING Wholesale banking will offer its client access to algorithmic trading and direct access to financial markets.



06 May 2008		Contract Management is a Matter of Trust BP uses the Progress OpenEdge solution for closing contracts in business associations.



05 May 2008		Then & Now Tracing CFOs' Top Concerns Through Time Although CFOs remain largely responsible for IT, mastery is another matter. If he had to summarise the key theme of enterprise IT over the past ten years, Hub Vandervoort, chief technology officer for enterprise infrastructure at Progress Software, would cite the growing gap between "the velocity of the pipeline" versus "the velocity of the data refresh rate." Put another way, Vandervoort explains, the pace of business — namely, the volume of data generated by IT-enabled processes — has increased by an order of magnitude since 1998, while the speed at which systems can collect that data has increased by only around 10% over the same time.



05 May 2008		Open source software requires governance, Burton warns Open source software (OSS) frequently flies under the radar in IT organizations, and if governance is not in place to identify it and manage legal licensing implications, it may crash and burn, Burton Group Inc. warns.



04 May 2008		HP’s New And Improved SOA Management Gets Mixed Reviews Looking for SOA management tools? HP updated its offerings last week, but the result still lags behind AmberPoint SOA Management System and Progress Actional for SOA Operations, Burton Group research director and SOA expert Anne Thomas Manes told internetnews.com.



04 May 2008		IBM, Intel Roll Out One-Stop Software Shopping for SMBs Software-as-a-service has rattled traditional software’s cage in lots of different ways, not the least of which is creating user expectations that software should be easy to purchase. Those growing expectations, combined with vendors’ desire to reach the often-elusive SMB market, have led IBM and Intel to create online software marketplaces.



02 May 2008		Truviso Offers Another Option For BI Data warehouses accumulate terabytes of data for deep analysis. That's one way to create business intellegence; Truviso offers another. Its software performs continuous, real-time analysis on incoming data. Truviso got its start selling to financial firms. It views retail, RFID, IT infrastructure, and Web operations as being ripe for its approach, too.



01 May 2008		Information Lag Hits 9 out of 10 Companies A study commissioned by Progress Software, has revealed that a high percentage of businesses are being hampered by the poor flow of information.



01 May 2008		Progress Software Announces OpenEdge 10.1C Progress Software announces OpenEdge 10.1C, a platform for application development optimized for the development and deployment of service-oriented business applications.



30 Apr 2008		What IT means to me: Software will bring about the end of hierarchy As chief technology officer of a medium-sized software company in Bedford, Massachusetts, he is responsible for shaping his unit’s vision for the foreseeable future – in practical terms, the next three to five years. In his view, technological developments march in lock-step with social change. He foresees a world where new data processing methods – essentially service-oriented architecture (SOA) – will force the abandonment of old, hierarchical management practices and the adoption of ways of working based on trust and commitment.



30 Apr 2008		Research: The Information Lag Hits 9 Out of 10 Companies A survey commissioned by Progress Software Corporation has announced that a high percentage of companies are dissatisfied with the limited flow of information. The study, conducted on a sample of 500 organizations across Europe, reveals that most of those businesses interviewed are not receiving critical data in real time or in a format useful to them: only 39% and 'able to find any information they need. The research has also shown how companies are adopting increasingly service-oriented architecture to improve the flow of information.



30 Apr 2008		‘Information Lag’ Hits 9 out of 10 Companies A recent survey conducted by Progress Software (Nasdaq: PRGS), a global provider of SOA infrastructure software, reveals that a significant percentage of companies surveyed are hampered in their operation due to poor flow of information.



29 Apr 2008		Fighting Fraud in Real Time John Bates, co-founder of Progress Apama, appeared in a video report to talk about how Progress Apama helps financial institutions fight white-collar crime and fraud. The company's real-time market surveillance system has been adopted by many leading European investment banks and the Financial Service Authority in Britain. In Asia, it has had a presence in Hong Kong and Singapore since 2006.



29 Apr 2008		OASIS Preps SOA for Telecoms The new effort will be known as the OASIS Telecommunications Services Member Section or OASIS Telecom. Founding members of the OASIS Telecom group, which will collaborate to optimize SOA for use in the telecommunications sector, include BEA Systems, IBM, Primeton Technologies, Alcatel-Lucent, Avaya, CA, Microsoft, NEC, Nortel Networks, Oracle, Progress Software and VeriSign. OASIS announced the formation of the new group April 28.