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Press Coverage

13 Nov 2008

CRM's Holy Grail: How SOA can Unlock a 360-Degree View of the Customer

ice.net needed to build its systems architecture around that data model. Norberg choose two products from Progress Software, an enterprise service bus (ESB) called Progress Sonic, and a data integration tool called Progress DataXtend Semantic Integrator.

06 Nov 2008

At your service

Software-as-a-service(SaaS), which makes business applications available over the web, is becoming a popular way of delivering common software such as customer databases and accountancy packages. The more companies realise its power and use the web, the more they can harness its flexibility and efficiency.

06 Nov 2008

Progress Software Extends OpenEdge AppsDev for SOA

Progress Software Corp. has updated its OpenEdge business appdev platform to accelerate SOA projects with design, test and deployment support for tools that support Progress’ Sonic ESB.

05 Nov 2008

CERN makes progress on giant physics project

Sonicmq was chosen by officials at the European Organisation for Nuclear Research (CERN) to form the communications backbone of its Technical Infrastructure Monitoring (Tim) system, designed to alert researchers in the event of an emergency.

05 Nov 2008

Progress launches new business application development platform

With the release of OpenEdge 10.2A, Progress offers customers and Applications Partners new graphical user interface capabilities that enable them to build a Microsoft .NET-based Windows Graphics User Interface natively within the award-winning OpenEdge development platform - without requiring any training or prior knowledge of .NET itself.

03 Nov 2008

CERN makes progress on giant physics project

SonicMQ allows the system to immediately alert operators in the control centre if there is a project-threatening disruption, such as a fire, cooling system failure or technical breakdown, so that it can be tackled quickly.

03 Nov 2008

Managing Data in Tumultuous Times

Confronted with the credit crunch and fragmenting liquidity, data management personnel are struggling with capacity constraints, latency and quality issues. And while financial firms are tapping a variety of tools to handle the increased demands, their goal is the same: calculating risk exposures and making decisions in record time. Software and service providers have been capitalizing on the industry's needs.

31 Oct 2008

Bats Bring Microsecond Trading to the UK

John Bates, general manager at complex event processing software supplier Progress Apama, said the entrance of Bats into the European market is further signal that incumbent trading exchanges cannot rest on their laurels.

30 Oct 2008

Credit Crunch: Opportunity for CEP providers?

We tend to associate complex event processing (CEP) technologies with hedge funds that want to process multiple data streams to support algorithmic trading processes. But Finance Tech notes that more recent CEP projects focus on risk management. The holy grail seems to be truly real-time, deep analytics, not just batch process-like cuts of data.

28 Oct 2008

Embrace SOA and Standards for Liberation from Lock-in

28 Oct 2008

Progress Optimizes FUSE ESB 4.0 for Full Lifecycle

Progress Software is shipping FUSE ESB 4.0, an upgrade to the former IONA open source ESB based on the Apache Open Source ServiceMix ESB. FUSE 4.0 expands lifecycle support to design, build, test, deploy and manage the ESB, and underscores Progress’ intent to continue support for Open Source middleware.

27 Oct 2008

Wall Street Firms Using CEP to Measure and Manage Risk

Progress Apama's customers are using the vendor's CEP technology for pre-trade risk checks, according to John Bates, general manager for Progress Software's Apama division. "Before a trade is placed, real-time rules detect 'fat-finger' errors, check for decimal points in the wrong places, apply real-time compliance rules, make sure the firm is not over 6 percent of an actively traded market," he relates.

27 Oct 2008

Standards Are Standing in Way of External SOA

The promise of service-oriented architecture (SOA) is a world where everything interoperates seamlessly, pieces of applications are reused endlessly and development of new systems is quick, cheap and easy. But despite some high-profile deployments and the spread of Web services, when it comes to financial firms doing serious business with each other, SOA is being held back by competing standards and varying implementations.

24 Oct 2008

The Fifth Time is the Charm

Progress executives held a press conference to present the new SOA portfolio

24 Oct 2008

Technology Could Help Prevent Stock Market Crashes and Abuse

Specialist supplier Progress Apama has launched a real time complex event monitoring software,which it claims could prevent stock markets crashing and rogue traders committing fraud.

23 Oct 2008

IT: Progress Software, Artix Data Services earned SwiftReady Messaging Data Services

Progress Software announced that Artix® Data Services has earned the SWIFTReadyTM Messaging Data Services label

23 Oct 2008

Serving up better business performance

At Premier, for instance, the solution to Barna's dilemma turned out to be an SOA-based plant-floor intelligence and performance management application from Manuvis, built around data capture, storage, and retrieval technology from application infrastructure specialist Progress Software. Conventional operator control station panels attached to production machinery have been adapted to capture information as diverse as temperatures, pressures, voltages, and—of course—production output.

23 Oct 2008

Progress Optimizes FUSE ESB 4.0 for Full Lifecycle

Progress Software Corp. is shipping FUSE ESB 4.0, an upgrade to the former IONA open source ESB based on the Apache Open Source ServiceMix ESB, expanding lifecycle support to design, build, test, deploy and manage the ESB. The FUSE 4.0 release also underscores Progress’ intent to support Open Source middleware in the wake of its IONA acquisition.

23 Oct 2008

Data Governance: the Mission-Critical Mandate

Tune into this episode of DM Radio to learn how to design, launch and maintain a robust data governance program.

21 Oct 2008

Make BI Pervasive by Making BI Easy

Internet search has dramatically changed how the world accesses information. As a result of popular Internet search engines such as Google, nontechnical users have become accustomed to getting instant access to information. In the workplace, nontechnical users haven’t faired as well. Many business users still struggle with how to get the answers they need when they need them. The challenge is that the information they need isn’t just an Internet search or mouse click away. Business answers gleaned from knowledge data sources by sophisticated business intelligence (BI) tools are often only accessible by a small group of power users, such as the corporate IT staff or analysts.

21 Oct 2008

Coral8 and Apama Expanding CEP Capabilities

Platform upgrades from complex event processing (CEP) technology providers Coral8 and the Apama unit of Progress Software Corp. reflect a shared emphasis on broadening their reach, as well as the financial services industry’s relentless need for speed.

17 Oct 2008

Tech companies brace for spending slowdown

"The biggest challenge right now is the unknown. No one really knows what's going to happen," said Bud Robertson, chief financial officer of Bedford application development software firm Progress Software Corp.

17 Oct 2008

CEP Moves From Wall Street To Main Street

Once available only to big financial institutions and government agencies that could afford custom development projects, real-time data analysis is finding its way into the hands of more IT enterprises with the emergence of off-the-shelf CEP products from a handful of pure-play CEP vendors such Progress Apama.

17 Oct 2008

Bet on Tech

If business is not going out of business, downtrodden tech stocks should come back.

17 Oct 2008

Open Sourcery

"Open Source Software is starting to gain a foothold in mainstream financial services applications. A recent survey has demonstrated the growing strength of the overall market for Open Source Software in Europe. Conducted on behalf of Actuate Corporation, the survey is the latest in an annual series, and shows worldwide trends in the attitudes towards, and adoption rates of, OSS. For vendors in the sector the view portrayed looks reasonably good. Europe, in particular, is already a stronghold of its adoption, with Germany and France leading the way. In France, it is the preferred option or explicitly considered as an option in more than 61% of installations. In Germany, that rises to 63%. "

16 Oct 2008

Progress Software Touts Benefits of Open Source with FUSE ESB 4.0 Release

In a move it says will help developers become more productive, a Bedford, Massachusetts-based company that provides infrastructure software for business applications this week released a new enterprise version of its flagship service bus.

16 Oct 2008

Fuse ESB 4.0 is first open-source product since Iona purchase

Progress Software has issued its first open-source product, releasing Fuse ESB 4.0 on Tuesday after completing its acquisition of middleware company Iona Technologies.

15 Oct 2008

Progress Invests in Mexico to leverage SOA

During the fith annual PTW, Progress Software presented its new line of products.

14 Oct 2008

ACORD Chooses Progress Software to Support New Standards Framework

Progress DataXtend Semantic Integrator chosen to be ACORD’s mapping and schema generation development environment for the ACORD Standards Framework.

14 Oct 2008

Turquoise Taps Corvil for Latency Testing

"Early in our design process, we decided that market-leading low latency and high throughput would be hallmarks of our platform," added L’Huillier in a statement. Turquoise uses a trading platform from Cinnober Financial Technology, and BT Radianz, BT Group’s financial extranet operator, provides hosting services and low-latency connectivity for the venue. In January, Turquoise announced that it was implementing a real-time market surveillance system from Progress Software Corp.'s Apama division and technology consultancy Detica.

14 Oct 2008

ACORD Chooses Progress Software to Support New Standards Framework

ACORD (Pearl River, N.Y.) has selected Progress Software Corporation's (Bedford, Mass.) DataXtend Semantic Integrator (SI) as its mapping and schema generation development environment for the ACORD Standards Framework.

14 Oct 2008

ACORD Selects Progress for Schema Development

Insurance data standards association ACORD selected Progress DataXtend Semantic Integrator (SI) from Progress Software Corp. as its mapping and schema generation development environment for the ACORD Standards Framework.

14 Oct 2008

FUSE ESB brings Apache ServiceMix 4.0 to market

In its first product release since formally becoming a division of Progress Software, Iona has announced FUSE ESB 4.0, a commercial version of the Apache ServiceMix 4.0, open source enterprise service bus (ESB). The software seeks to combine the openness of open source with the rigor of some commercialization.

14 Oct 2008

How a Short-Term Issue Morphed into Long-Term SOA

I have always felt that one of the most lucid ROI cases that could be made for SOA is the time savings in avoiding duplicate data entry. Maybe it isn't a strategic global business gain of agility and insight that SOA eventually promises, but its one of those down-and-dirty areas of outright, demonstrable, cost savings.

13 Oct 2008

Crying Out for Co-Operation

Wyne Meikle, financial services director at IONA technologies dicusses IONA technology and SOA.

10 Oct 2008

SOA and SaaS Will Grow in Mexico

Due to the growth seen in 2008, Progress forsees that next year will be a good one for business aplications.

08 Oct 2008

Blazing a Trail

Since its inception, algorithmic trading has been powered by complex event processing (CEP) technology, designed to allow trading engines to make snap decisions on the basis of streaming data and market events. But although CEP is often perceived as the domain of the sell side, its most progressive use has come from tech-savvy, statistical arbitrage hedge funds that write their own algorithms and seek to keep their intellectual capital to themselves

06 Oct 2008

Wandering the Enterprise Application Development Desert

This doesn't mean that SOA is a waste of time. Instead, enterprise organizations are discovering that SOA only represents half the equation. It's important to make discrete sets of functionality available as a service. But those services need to have events they can respond to. Among providers of application middleware trying to bridge the gap between SOA and EDA are Tibco and Progress Software. Tibco most recently released version 3.0 of BusinessEvents, a piece of middleware that the company enhanced to add an improved user interface for modeling applications that span both SOA and EDA models. Progress Software, meanwhile, has been banging the drum around a class of application development tools now being referred to as complex event processing for a few years now.

04 Oct 2008

CEP: A Technology For These Uncertain Times

Although it's used mainly in financial markets, complex event processing (CEP) technology looks poised to gain traction more widely, in areas such as fraud detection and performance monitoring.

02 Oct 2008

Panel: How to sell SOA governance to a skeptical audience

That statement by Ron Schmelzer sums up the conundrum faced by SOA advocates: governance is desperately needed to keep SOA projects on track and in focus. What happens, though, is SOA governance gets weakened and watered down by vested interests, or lack of motivation to make SOA work.

02 Oct 2008

CEP Opportunity in Wall Street Bust?

Fast forward to today and the crisis on Wall Street and the plans in Washington to both rescue and better regulate the financial industry. Complex event processing (CEP) has had a lot of initial success in programs for automated stock trading where price and other events trigger buys and sells. But that was in the boom time and now we are in the bust. Wall Street is doing trades at very low volumes.

01 Oct 2008

We are Switzerland in the SOA market

Progress CEO Joseph Alsop discusses trends and strategies in the SOA market; and how Progress is going to persist against IBM, Oracle and SAP.

01 Oct 2008

Runaware TestDrive Adds New Dimention to Conjugos Search Engine

Conjungo helps companies find specialised resellers. Progress mentioned as they list their whole channel in the search engine.

01 Oct 2008

Progress Will Merge Iona Artix, Sonic ESBs

Following its acquisition of fellow middleware vendor Iona in June this year, Progress is working on integrating its own Sonic enterprise service bus (ESB) with the acquired Iona Artix ESB, CBR has learned.

01 Oct 2008

Progress Could Get More into Open Source After Iona Buy

Progress Software's SVP corporate development and strategy, Jeff Stamen said that Progress intends to continue with Iona's FUSE initiatives, which were at ObjectWeb but are now Apache projects

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