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As Vice President of Technology Evangelism at WSO2, Chris Haddad raises visibility, awareness, and knowledge of Cloud, API Management, Service Oriented Architecture, and how to re-invent software delivery. Chris works closely with developers, architects, or C-level executives to increase WSO2... More
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  • Revenue And Customer Impact From Progress Software's Shifting Strategy 2 comments
    May 2, 2012 1:04 PM | about stocks: PRGS, FORR, IBM, ORCL, TIBX, RHT

    With their recent strategy shift, is Progress Software (NASDAQ:PRGS) turning the business around or abandoning their customers? Enterprise middleware is inextricably linked to application development, and successful application platform vendors (ORCL, IBM, MSFT, TIBX, RHT, WSO2) deliver complete platform offerings. Trying to tease apart application Platform as a Service (aPaaS) from integration and middleware, while not disenfranchising the Sonic and FuseSource customer base, will require nuanced communication. IT industry analysts from Forrester (NASDAQ:FORR) are questioning the strategy.

    Maybe Progress already has found a buyer and established cross-licensing agreements, or maybe a substantial portion of their revenue pipeline will run dry during the sales process. In the interim, a risky stock to own during the transition.

    Disclosure: I am long RHT.

    Additional disclosure: Disclaimer: I work for a competitor whose products compete with Progress Sonic ESB, Progress Sonic MQ, and Progress FuseSource.

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  • cobiacomm
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    Comments (19) | Send Message
     
    Author’s reply » My colleague Dan Scholler has posted his recommendations for Progress Sonic customers, http://tinyurl.com/7nk...
    4 May 2012, 11:32 AM Reply Like
  • cobiacomm
    , contributor
    Comments (19) | Send Message
     
    Author’s reply » My colleague Dan Sholler, #Gartner IT, has posted his recommendations for Progress Sonic customers, http://bit.ly/JjkXfk
    4 May 2012, 11:34 AM Reply Like
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