Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Progress Software Corporation    PRGS

PROGRESS SOFTWARE CORPORATION (PRGS)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Progress Software Corporation : Progress Software Demos Advanced Business Rules Control at Gartner Business Process Management Summit

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/14/2012 | 01:05pm CET

Progress Corticon Rules Engine Delivers Improved decision management and increased ROI

Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, has announced a new release of the Progress® Corticon® 5.2 business rules engine. The new release provides several innovative features that deliver faster decision management through the market-leading Corticon business rules management system (BRMS).

Progress will demonstrate the following Corticon 5.2 advancements at the Gartner Business Process Management Summit in London:

  • Web-based rule maintenance - business users can modify rules within an already deployed decision service using simple, predefined web templates;
  • Natural language support - business rules can be represented in pure natural language and supporting any locale, simplifying rule maintenance by business users;
  • Improved mobility - business users can change business rules directly from an iPad, and IT can monitor and manage Corticon server performance via their tablet computer;
  • High-performance batch processor - IT users can deploy Corticon BRMS in a batch processing architecture to maximize performance and scalability;
  • XML namespace - This supports multiple namespaces for XML payloads.

Tae Sondreal, Business Rules Architect, Prime Therapeutics, noted: "Corticon's approach to natural language is amazingly simple, yet incredibly powerful. Unlike other BRMS products, it is remarkably easy to setup, and enables true business user control of complex decision logic."

The Progress Corticon BRMS is now integrated into the Progress Responsive Process Management™ suite, a pioneering offering in the emerging intelligent business process management space.

The Progress RPM suite also comprises the Progress Actional® Business Transaction Management (BTM), the Progress Apama® Complex Event Processing (CEP) and the Progress Savvion® Business Process Management (BPM) platforms, all of which are managed using the revolutionary Progress Control Tower® interface that delivers the real-time intelligence other business dashboards cannot.

Dr. Mark Allen, chief Technology Officer of decision management at Progress Software, said: "This new release further reinforces Progress Corticon's leadership position in the BRMS market. In addition, customers using the Savvion, Apama and Actional products can take full advantage of the Corticon product to improve their operational responsiveness through advanced rules automation, which will enhance their existing BPM and SOA investments."

The Progress Corticon BRMS product is used by many of the world's largest financial services, insurance, and eCommerce companies as well as federal and state government organizations, collectively automating millions of decisions per day to improve productivity and customer service. Corticon's model-driven approach makes rules accessible to business domain experts who can maintain and adapt rules, according to changing market conditions.

About Progress Software Corporation

Progress Software Corporation (NASDAQ: PRGS) is an independent enterprise software company that enables businesses 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 enterprise 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.

Corticon, Progress, Progress Responsive Process Management, Progress Control Tower, and Progress RPM are trademarks or registered trademarks of Progress Software Corporation or one of its subsidiaries or affiliates in the U.S. and other countries. Any other marks contained herein may be trademarks of their respective owners.

Progress Software Corporation
Rachel Harnden, +44 (0)1344 386387
[email protected]
or
LEWIS PR
Jon Brigden, +44 (0)20 7802 2626
[email protected]
or
Progress Software
Colleen Sheehan, +1-781-280-4362
[email protected]
@ProgressSW
or
LEWIS PR
Kim Karelis, +1-617-226-8844
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PROGRESS SOFTWARE CORPORAT
02/13PROGRESS SOFTWARE : CMS Transport Systems Expands Partnership with Progress
BU
02/06PROGRESS ANNOUNCES PROGRESSNEXT 2018 : The Premier Conference for Application De..
BU
01/27SERVICES ORIENTED ARCHITECTURE (SOA) : Services Oriented Architecture (SOA) Midd..
AQ
01/26PROGRESS SOFTWARE : MA Management's Discussion and Analysis of Financial Conditi..
AQ
01/24PROGRESS SOFTWARE : New Telerik and Kendo UI Releases are First to Support the L..
BU
01/18PROGRESS SOFTWARE CORPORATION : Free Research Report as Progress Software's Adju..
AC
01/16PROGRESS SOFTWARE : SuperConcepts Uses Progress to Drive its Digital Transformat..
BU
01/11PROGRESS SOFTWARE CORPORATION (NASDA : PRGS) Files An 8-K Results of Operations ..
AQ
01/10PROGRESS SOFTWARE : posts 4Q profit
AQ
01/10PROGRESS SOFTWARE CORP /MA : Results of Operations and Financial Condition, Fina..
AQ
More news
News from SeekingAlpha
01/11Technology - Top Gainers / Losers as of 3.00 pm (1/11/18) 
01/11Midday Gainers / Losers (1/11/2018) 
01/11PROGRESS SOFTWARE : Not Enough Progress 
01/10Progress Software's (PRGS) CEO Yogesh Gupta on Q4 2017 Results - Earnings Cal.. 
01/10After Hours Gainers / Losers (1/10/2018) 
Financials ($)
Sales 2018 404 M
EBIT 2018 145 M
Net income 2018 59,4 M
Finance 2018 2,12 M
Yield 2018 -
P/E ratio 2018 67,41
P/E ratio 2019 42,83
Capi. / Sales 2018 5,48x
Capi. / Sales 2019 5,41x
Capitalization 2 215 M
Chart PROGRESS SOFTWARE CORPORAT
Duration : Period :
Progress Software Corporat Technical Analysis Chart | PRGS | US7433121008 | 4-Traders
Technical analysis trends PROGRESS SOFTWARE CORPORAT
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 46,3 $
Spread / Average Target -3,0%
EPS Revisions
Managers
NameTitle
Yogesh K. Gupta Chief Executive Officer & Director
John Richard Egan Non-Executive Chairman
Paul A. Jalbert CFO & Principal Accounting Officer
Dmitri Tcherevik Chief Technology Officer
Tony Murphy Chief Information Technology
Sector and Competitors
1st jan.Capitalization (M$)
PROGRESS SOFTWARE CORPORATION12.14%2 215
MICROSOFT CORPORATION6.16%700 562
RED HAT11.73%23 752
HEXAGON18.67%21 291
CITRIX SYSTEMS1.64%13 710
SPLUNK INC16.31%13 064