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OpenEdge SaaS Certified for Amazon EC2


Progress OpenEdge® SaaS platform is now certified for use in Amazon's Elastic Compute Cloud (Amazon EC2) after thorough testing and analysis. Due to the independent software vendors' demand for more OpenEdge-related deployment guidance around EC2, Progress also has a specific enablement program for helping its Application Partners (APs) bring their applications to the market more quickly than their competitors.

Read more: OpenEdge SaaS Certified for Amazon EC2

 

Prudential UK Turns to FUSE Products for Automated Processing


To make its I.T. infrascture more agile, Prudential UK has deployed the Progress® FUSE ESB® (enterprise service bus) in its annuities business unit. It uses FUSE ESB to connect its complex back-end systems, which will enable automated processing to support its Annuities Operation.The organization will use a suite of resuable web services to determine calculated returns for different annuity products.

Read more: Prudential UK Turns to FUSE Products for Automated Processing

   

Wilmes of Progress Software Named Distinguished Fellow


John Wilmes, Chief Technology Architect in the Communications sector at Progress, was named a Distinguished Fellow by the TM Forum. The Distinguished Fellow Award recognizes individuals, who have made valuable contributions to the TM Forum and to the communications industry as a whole.

Read more: Wilmes of Progress Software Named Distinguished Fellow

   

Bates Invited to Join Technology Advisory Committee


Dr. John Bates, Progress Software's chief technology officer (CTO), has been asked to be a member of the newly established Technology Advisory Committee (TAC) for the U.S. Commodity Futures Trading Commission (CFTC).

Read more: Bates Invited to Join Technology Advisory Committee

   

Progress 2Q Results - Revenue Up 9 Percent


Progress announced it second quarter results on June 22, 2010. According to the firm, "On a generally accepted accounting principles (GAAP) basis, revenue for the quarter was $127.7 million, up 9 percent from $117.0 million in the second quarter of fiscal 2009." In addition, "On a non-GAAP basis, revenue totaled $128.3 million, up 9 percent compared to the same period a year ago. Software license revenue increased 15 percent to $44.2 million from $38.5 million in the same quarter last year."

Read more: Progress 2Q Results - Revenue Up 9 Percent

   

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