Progress Software News

Progress Software's Dr. John Bates Delivers Keynote at Distributed Event-Based Systems Conference

Tue, 07 Jul 2009 16:58:00 GMT

Keynote address included lessons for the future of event processing BEDFORD, Mass.--(BUSINESS WIRE)--Jul. 7, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced that Dr. John Bates has delivered a keynote address on the “Lessons for the Future of Event Processing” at the Distributed Event-Based Systems (DEBS) conference in Nashville, TN at Vanderbilt University. During this keynote presentation, Dr. Bates discussed the lessons learned in the event processing industry, the current ...

WinterGreen Research and DataDirect Technologies Introduce New Mainframe TCO Calculator for Measuring Benefits of zIIP Specialty Engine on Lowering Mainframe Costs

Tue, 07 Jul 2009 13:02:00 GMT

System z Users Can Quickly Calculate Mainframe TCO Savings when Using a zIIP Specialty Engine with DataDirect(R) Shadow(R) Technology LEXINGTON, Mass. & BEDFORD, Mass.--(BUSINESS WIRE)--Jul. 7, 2009-- WinterGreen Research, an analyst firm focused on the telecommunications and advanced computer technology markets, today announced it has completed work on a Web-based calculator to measure the total-cost-of-ownership (TCO) of mainframe SOA enablement when utilizing an IBM System z Integrated Information Processor (zIIP) in combination with DataDirect® Shadow® integration middleware from DataDirect Technologies, the unparalleled leader...

Progress Software Launches FUSE(TM) Forge to Simplify the Development of Open Source Integration Projects

Wed, 01 Jul 2009 13:52:00 GMT

Progress moves internal development of FUSE(TM) and related products to the Forge in support of its Open Integration strategy BEDFORD, Mass.--(BUSINESS WIRE)--Jul. 1, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage business applications, today launched FUSE™ Forge, a collaborative environment for developing open source projects based on Progress® FUSE™ products. The Progress FUSE product line includes productized versions of Apache ServiceMix, ActiveMQ, CXF and Camel. FUSE components are standards...

BondDesk Group Selects Progress Apama CEP Platform to Deliver Faster Real-Time Analytics & Decision Support

Wed, 24 Jun 2009 13:12:00 GMT

Apama Platform to be used within BondDesk(TM) Alternative Trading System BEDFORD, Mass.--(BUSINESS WIRE)--Jun. 24, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced that BondDesk Group, a leading fixed income trading platform and one of the largest market destinations for trading odd-lot fixed income in the U.S., will use the industry-leading Progress® Apama® Complex Event Processing (CEP) platform within the BondDesk™ Alternative Trading System (ATS). The BondDesk AT...

Progress Announces Apama Connectivity with Lime Brokerage

Tue, 23 Jun 2009 12:01:00 GMT

New Lime Trading System Connectivity Delivers Ultra-Low Latency Trading and Execution Services Across Exchanges, ECNs and Trading Venues BEDFORD, Mass.--(BUSINESS WIRE)--Jun. 23, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage business applications, and Lime Brokerage, a leading agency broker in the high-frequency trading space, today announced that the Progress® Apama® Algorithmic Trading platform is now certified to connect seamlessly with the Lime Trading System. High-frequency buy-side and broker-dealer customers can now ...

UniCredit Chooses Progress Apama for FX Aggregation

Tue, 23 Jun 2009 12:01:00 GMT

LONDON--(BUSINESS WIRE)--Jun. 23, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced that UniCredit is live with the Progress® Apama® FX Aggregation Accelerator for its FX desks. UniCredit’s FX traders are now using the Progress Apama platform along with its customized dashboards to connect to a number of liquidity venues and gain an aggregated view of liquidity in the FX market. In addition to using the Apama FX Aggregator to get a single unified view of the fragmented...

Progress Software Releases New Generation of Apama Market Surveillance and Monitoring Accelerator

Mon, 22 Jun 2009 13:27:00 GMT

New abuse pattern detection capabilities introduced; real time monitoring and alerting enhanced BEDFORD, Mass.--(BUSINESS WIRE)--Jun. 22, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage business applications, today announced the latest release of its popular Progress® Apama® Market Surveillance and Monitoring Accelerator. This release adds new abuse pattern detection capabilities and enhances current real-time monitoring and alerting features with new market operational controls. In addition, the Apama Market Surveilla...

Foxwoods Resort Casino Hits the Data Connectivity Jackpot with DataDirect Technologies

Mon, 22 Jun 2009 13:01:00 GMT

Standards-Based Data Connectivity Helps World's Largest Casino Gather Data on the Non-Gaming Activities and Preferences of Patrons for Improved Customer Service and Satisfaction BEDFORD, Mass.--(BUSINESS WIRE)--Jun. 22, 2009-- DataDirect Technologies, the unparalleled leader in data connectivity and mainframe integration and an operating company of Progress Software Corporation (NASDAQ:PRGS), today announced that the Foxwoods Resort Casino is using DataDirect Connect® for ODBC database drivers within its Hospitality Systems’ applications to connect business analytics data on UNIX to Windows-based data sources. With secure, r...

Progress Software Reports 2009 Second Quarter Results

Thu, 18 Jun 2009 11:01:00 GMT

BEDFORD, Mass.--(BUSINESS WIRE)--Jun. 18, 2009-- Progress Software Corporation (NASDAQ: PRGS), a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced results for its second quarter ended May 31, 2009. On a generally accepted accounting principles (GAAP) basis, revenue for the quarter was $117 million, down 9 percent (up 1 percent at constant currency) from $128 million in the second quarter of fiscal 2008. On a non-GAAP basis, revenue totaled $118 million, down 8 percent (up 2 percent at constant currency) from the year ago period. The n...

Progress(R) Apama(R) Expands Capital Markets Footprint in India

Mon, 15 Jun 2009 15:04:00 GMT

Partnership with Financial Technologies Ltd driven by expanding role of electronic trading, risk management and market surveillance in India BEDFORD, Mass.--(BUSINESS WIRE)--Jun. 15, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage business, today announced its expansion into India’s Capital Markets through a strategic partnership with Financial Technologies (India) Ltd., a global leader in new generation tech-centric financial markets. The move comes in response to the wealth of new opportunities for electronic trading, risk ...