Progress Software announced today its acquisition of Corticon, the last remaining pure-play business rules management (BRM) technology provider of any size. Terms were not disclosed, but the company had recently been on a strong growth path – so it’s likely Progress paid a significant premium [we'll probably never know, of course]. Progress is pitching Corticon [...]
Posted on Monday, December 5, 2011 by Neil Ward-DuttonHaving attended Progress Software’s analyst day in the spring, not much of the high-level announcements and presentations at last week’s Progress Revolution in Boston were new to me, as such. But when I attend customer events like these, it’s not really about new announcements; the more interesting and important thing is to listen to how [...]
Posted on Sunday, September 25, 2011 by Neil Ward-DuttonLast week I made my annual 24-hour flying visit to the US east coast and the Progress Software analyst day. Last year CEO Rick Reidy laid out plans to create a $1billion company by bringing together a number of its brands (particularly Savvion, Actional, Apama) together under the concept of ‘Operational Responsiveness’ through ‘Responsive Process [...]
Posted on Tuesday, May 17, 2011 by Neil Ward-DuttonThis week we launched the latest in our series of MWD Insights events. This time we’re looking at Process Intelligence (PI). PI is something that’s been around as a concept for a while now, but we’ve found a lot of confusion out there still as to what its focus and scope actually is. Is it [...]
Posted on Thursday, January 27, 2011 by Beth BarlingLast week, infrastructure generalist vendors TIBCO and Progress Software, both of which sell BPM technology alongside complementary technology (event processing, ESB, data integration, analytics, and so on) announced their Q3 financial results. TIBCO announced that it had achieved 23% growth year-on-year in both license revenue and overall; Progress announced that it had achieved 8% growth [...]
Posted on Monday, September 27, 2010 by Neil Ward-DuttonAt TIBCO’s TUCON user conference a couple of weeks back, CEO Vivek Ranadivé unveiled the themes that his company plans to use to anchor its marketing over the next year at least: Enterprise 3.0 and the “two-second advantage”. Unsurprisingly given his predilection for publishing books that provide the backstories for his company’s direction (see The [...]
Posted on Monday, May 24, 2010 by Neil Ward-DuttonUncategorized
A couple of months back I had a brief Twitter exchange with David Bressler of Progress Software (@djbressler), following a comment I’d seen from Judith Hurwitz (@jhurwitz) at Progress’ analyst day regarding the lack of brand awareness that the company has out there in industry. What I said was: “Progress is a bit like Unilever [...]
Posted on Wednesday, April 1, 2009 by adminUncategorized
As part of yesterday’s release of the latest iteration of its webMethods Insight product Software AG announced an OEM partnership with Progress Software. This announcement adds the Actional runtime SOA management and monitoring technology (which Progress acquired back in January 2006) to Software AG’s existing Centrasite design-time governance capabilities (which were bolstered by the acquisition [...]
Posted on Tuesday, September 9, 2008 by adminOracle today confirmed that it delivered a letter to the Board of Directors of BEA Systems, Inc. (NASDAQ: BEAS) on October 9 in which Oracle proposes to acquire BEA for $17.00 per share in cash. The $17.00 per share offer is a 25% premium over yesterday’s closing price of $13.62. This acquisition has been long-discussed [...]
Posted on Friday, October 12, 2007 by admin
