Software ags complex event processing technology provides powerful advantages to enterprises in every industry. Tcs bancs enhances its algorithmic trading capabilities. Software ag buys progress softwares cep unit apama. Independent research firm names progressr apamar as a. This is accomplished by being both proactive and personalized in our approach, which will help you to maximize your investment in progress. Deliver mobile and web experiences faster using open source frameworks and a lowcode backend that accelerates existing enterprise and legacy systems. Complexevent processing cep engines are hardly new, but the way theyre now being employed has changed dramatically. Tcs and the progress software corporation, a leading software provider, announce the integration of tcs bancs with progress apama complex event processing platform to offer a customizable algorithmic trading solution to the market. In january 2006, progress software acquired mountain view based actional corporation, which itself was the merger between actional corporation and westbridge technologies an xml security company. Software ag buys leading complexeventprocessing platform. Prgs today announced it has signed a definitive agreement to sell its progress apama complex event processing solution. Progress apama dashboard studio provides companies with the ability to create visually rich user interfaces featuring custom dashboards to help them monitor, assess, and revise their strategies.
Progress software announces agreement to sell apama solution. Detica and progress apama launch market surveillance. Jun, 20 software ag buys leading complexeventprocessing platform apama from progress software the acquisition of apama is an important step in implementing software ags strategy of enabling the. Apr 22, 2008 leveraging the sophistication and power of complex event processing cep, progress software enables both sellside and buyside firms to empower their trading desks with apama tools to create.
Enterprise software company software ag says the planned acquisition of complexevent processing platform apama from progress software will strengthen its hand in. Software ag will maintain the apama product brand given the high brand recognition of apama in the cep market. In january 2006, progress software acquired mountain view based actional corporation, which itself was the merger between actional corporation and westbridge technologies an xml security. Apama streaming analytics combines complex event processing, messaging, inmemory computing and visualization to help organizations gain insight from the vast amounts of data at their disposal. Apama cep allows organizations to correlate and analyze business activities across multiple data streams in realtime and take immediate action in response. Similar to tibco in middleware status, progress apama has a strong event stream processing product with a proven customer base. Progress software unveils new apamar smartblockstm creation toolsbedford, ma march 04, 2008 progress software corporation nasdaq. But in recent years, cep has spread throughout the enterprise and has become a key technique used to manage risk and compliance in the middle office. From graphical design tools to research and backtesting utilities, the complex event processing cep platform provides analysts, developers and administrators with a full lifecycle design center that is optimized for cep solutions. This offering also includes access to service packs, bug fixes and new product versions. Apama is built on an inmemory architecture that can process extremely fast, large data volumes in real time.
Fx ecommerce firms use apama complex event processing to stay ahead of fastmoving foreign exchanges by viewing connected markets on a single screen and offering the best prices while managing risk. The apama parallel correlator delivers significantly superior complex event processing performance by providing developers and business users with. Prgs, a leading software provider that enables enterprises to be operationally responsive, announced that financial services group, banco bilbao vizcaya argentaria bbva, is live on the progress apama fx aggregation accelerator for its foreign exchange operations. Progress software corporation, an independent enterprise software provider that enables companies to be operationally responsive, announced the availability of progress apama 4. Cep acquisitions continue software ag purchases apama. Progress software has partnered with microsoft to provide its progress apama event processing platform as a key component of microsofts mifid markets in financial instruments directive solution suite. Progress software announces agreement to sell apama solution to. Software ag is building out its portfolio of cep complex event processing software with the acquisition of apama from progress software, in the second ceprelated deal this week. Apama streaming analytics allows organizations to analyze and act on iot and fastmoving data in realtime, responding to events intelligently the moment they happen. The addition of progress apama s powerful timebased, complex event processing capabilities to manuvis factorymri platform enables manufacturers to uniquely examine dynamic dashboards reflecting uptothemoment business conditions that more quickly identify and correct sources of waste, process bottlenecks and unused capacity, resulting in. Leveraging the sophistication and power of complex event processing cep, progress software enables both sellside and buyside firms to empower. Apama is a complex event processing cep and event stream processing esp engine, developed by software ag. Progress software ships apama tools for cep platform. Jun, 20 software ag today announced that it has executed an agreement with progress software to acquire apama, the market leading platform for complex event processing cep and ceppowered solutions.
Software ag buys leading complexeventprocessing platform apama from progress software the acquisition of apama is an important step in. Cep once held dominion solely in the frontoffice realm of lowlatency trading. Jun 14, 20 software ag is buying progress softwares apama complex event processing cep platform for an undisclosed sum. Progress has complimentary software suites for business process and enterprise integration. Progress software unveils new apamar smartblockstm. The apama event processing platform is a complete design and deployment environment for cep applications. Prgs today announced it has signed a definitive agreement to sell its progress apama complex event processing solution to software ag. Today wed like to congratulate our own cto john bates on his recognition as one of institutional investors top tech 50. Darmstadt, germanyjune 18, 20software ag executed an agreement with progress software to acquire apama, its platform for complex event processing cep and ceppowered solutions.
The industrys most comprehensive event processing platform enables organizations to transform all forms of event data into realtime business. Bbva chooses progress apama fx aggregation accelerator progress software corporation nasdaq. Apr 21, 2009 the apama parallel correlator delivers significantly superior complex event processing performance by providing developers and business users with unprecedented speed and greater event throughput. Complex event processing platforms, q3 2009august 2009 report. Independent research firm names progress r apama r as a standout leader in complex event processing report bedford, mass. Apama s complex event processing engine can rapidly correlate and aggregate information, detecting patterns across large volumes of fastmoving data from multiple sources to deliver timely intelligence. Progress provides application development and digital experience technologies that enable organizations to deliver and run consumergrade experiences. This solution will enable financial institutions to meet european mifid requirements that come into effect on 1st november, 2007. This is an especially exciting award, given that progress was the highestranking technology provider on this years list. This is an especially exciting award, given that progress was the. The apama complexevent processing platform bought by software ag last year is starting to find unexpected new uses, now that it has been integrated with. Apama community edition is a freemium version of apama by software ag that. Software ag today announced that it has executed an agreement with progress software to acquire apama, the market leading platform for complex event.
Prgs, a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced the availability of the progress apama 3. Apama streaming analytics allows organizations to analyze and act on iot and. Software ag snaps up apama to boost big data analytics zdnet. Prgs, a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced the availability of new progress apama smartblocks creation capabilities for the apama complex event. Cep complex event processing midrange oltp and generalpurpose database management systems in text technologies progress easyask natural language recognition technology. In 2005, progress acquired apama and entered the complex event processing space. Independent research firm names progressr apamar as a standout leader in complex event processing report bedford, mass. Jun 18, 20 the apama event processing platform is a complete design and deployment environment for cep applications. Prgs, a global provider of application infrastructure software to develop, deploy, integrate and manage business applications, announced today that forrester research, inc. Nov 19, 2010 progress software corporation, an independent enterprise software provider that enables companies to be operationally responsive, announced the availability of progress apama 4. Software ag is building out its portfolio of cep complexevent processing software with the acquisition of apama from progress software. Fx software udpates progress apama and portware fx. Terms of the deal, which was announced thursday, were not disclosed. This is an especially exciting award, given that progress was the highest.
Apama was founded in 1999 by two cambridge university computer scientists, dr john bates and dr giles fraser. Software ag has announced its intention to acquire apama, the ukborn complex event processing cep company, from its current owner progress software. Complex event processing 12 complex event processing cep software help a user make conclusions from data drawn from disparate streams of information or an event cloud, with the goal of discovering hard to find opportunities or threats from highvolume, rapidlyoccurring data spanning departments and many different sources. Progress said the apama platform held significant differences from its own application development software, particularly in terms of the target market, deployment, and sales model. From graphical design tools to research and backtesting utilities, the complex event processing cep platform provides analysts, developers and administrators a full lifecycle design center that is optimized for cep solutions.
Fx ecommerce firms use apama complex event processing to stay ahead of fastmoving foreign exchanges by viewing connected markets on a single screen and. Software for great digital experiences progress software. Rapidly create and deploy purposebuilt, aidriven chatbots as virtual agents. Jun, 20 software ag is building out its portfolio of cep complex event processing software with the acquisition of apama from progress software, in the second ceprelated deal this week. Apama serves as a platform for performing streaming analytics over a range of high volumelow latency inputs and applications, such as iot devices, financial exchanges, fraud detection, social media and similar.
Most importantly, progress software delivered their dashboard solution ahead of schedule. The swiss headquartered firm will takeover the apama sales and technical teams based around silicon fen in cambridge, uk, and the offices in bedford, us, and hyderabad in india, this quarter subject to the usual approvals. Apama event processing architecture news developer fusion. Complex event processing platform will help enable digital.
In addition, with immediate access to progress communities, the progress knowledge base, whitepapers and the electronic software download esd system, you get total support coverage. Software ag buys complexevent processing technology from. Software ag today announced that it has executed an agreement with progress software to acquire apama, the market leading platform for complex event processing cep and ceppowered solutions. Whats difference between complex event processing i. Software ag is building out its portfolio of cep complexevent processing software with the acquisition of apama from progress software, in the second ceprelated deal this week. This is the second year that johns work with progress apama and complex event processing has been recognized by institutional investor as a top financial technology leader. The corporate synergy created by the takeover is expected to provide the resources to continue the expansion of apamas industry and solution focus areas, including capital markets trading, risk and surveillance, as well as more broadly location and contextaware customer experience. Progress software selling apama solution the motley fool. Progress software announces agreement to sell apama. Use angular, typescript or javascript to build truly native mobile apps for ios and android. Giles nelson in 1999 combined with progress data streams management team progress apama event stream processing platform. Detica and progress apama launch market surveillance accelerator.
1186 720 1246 1383 1490 1392 1454 1590 484 490 1439 499 1645 39 540 311 1092 49 1409 701 1587 141 240 153 110 1039 1370 1249 101 1075