BEDFORD, MA, Aug 26, 2010 (MARKETWIRE via COMTEX News Network) -- Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, today announced that Forrester Research, Inc. named Progress Software a leader in "The Forrester Wave(TM): Business Process Management Suites, Q3 2010" (August 2010) report with its Progress(R) Savvion(TM) BPM product. In this detailed review of business process management (BPM) suites, the Progress Savvion BPM product was described as a leader with "competitive products that offer industry-leading development environments and improved tools for business stakeholders."
The Forrester Research report cites the Progress Savvion BPM platform's "combination of process, rules and events for more adaptive or dynamic business processes." According to the report, "After acquiring Savvion, Progress Software launched a new offering that ties together Savvion's BPM and business rules management capabilities with Progress' complex event processing environment to support 'self-optimizing' business processes that respond to real-time and historical events and metrics."
The Forrester Research report also states that the combination of Progress Software products and the Savvion BPM products "complement each other very well, with Savvion [products] providing best-of-class BPM suite capabilities and Progress [software] delivering sophisticated complex event processing and analytics capabilities... Progress Software and Savvion went to work creating a new offering that supports predictive process scenarios and can also help optimize in-flight business processes... Savvion [products] will continue to focus on building out its BPM suite while tapping into core features and functionality provided by its new siblings Actional(R) and Apama(R)."
This new offering is called the Progress Responsive Process Management(TM) (RPM) suite. The Progress RPM(TM) suite unifies comprehensive visibility, Business Event Processing (BEP) and Business Process Management (BPM) capabilities on a single platform.
Dr. M.A. Ketabchi, Chief Strategist, Office of the CTO, Progress Software, said: "We're thrilled to be recognized by Forrester as a leader of business process management solutions. We think the Progress Savvion BPM platform gives customers the ability to define and analyze business processes, deploy those processes and then monitor and change those processes to achieve continuous business improvements. With the Progress Savvion BPM platform as a cornerstone of the Progress RPM suite, enterprises can now achieve a new level of business improvement by easily identifying performance bottlenecks in their business processes and eliminating them, They can also predict future shortcomings of those processes and ensure that they will be avoided. In order to truly be operationally responsive enterprises need the ability to continuously improve business processes to drive greater efficiencies now and in future."
For a blog post by Clay Richardson, senior analyst at Forrester, summarizing the key findings and takeaways from the report, please go to http://bit.ly/aiE7Yt.
Many of the World's leading and high performing companies across the globe spanning all major markets are leveraging the Progress Savvion BPM platform, including 24 of the Fortune 100. Customers include CapitalOne, Genpact, General Motors, Johnson & Johnson, Level3, Motorola, PayPal and Reliance Capital.
About Progress Software Corporation Progress Software Corporation (NASDAQ: PRGS) is a global software company that enables enterprises to be operationally responsive to changing conditions and customer interactions as they occur -- to capitalize on new opportunities, drive greater efficiencies and reduce risk. The company offers a comprehensive portfolio of best-in-class infrastructure software spanning event-driven visibility and real-time response, open integration, data access and integration, and application development and deployment -- all supporting on-premises and SaaS/Cloud deployments. Progress maximizes the benefits of operational responsiveness while minimizing IT complexity and total cost of ownership. Progress can be reached at www.progress.com or +1-781-280-4000.
Progress, Savvion, Progress Responsive Management, Progress RPM, Apama, and Actional are trademarks or registered trademarks of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners.
Press Contacts: Lisa Coulouris Progress Software +1 781-280-4995 Email Contact Dan Gaffney LEWIS PR +1 617-226-8840 Email Contact
SOURCE: Progress Software
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