While most discussions about the Software as a Service (SaaS) market revolve around the likes of Salesforce.com, NetSuite, Google, IBM, Oracle, Microsoft, OpSource, etc., the name Progress Software Corporation (NASDAQ: PRGS) rarely comes to mind, unjustifiably.
While Progress itself is to blame in part for a less aggressive marketing effort (and for the-best-kept-secret-in-the-market status
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and the Progress Sonic ESB (Enterprise Service Bus), an integration backbone for highly distributed and federated environments. Users and providers of enterprise applications built on the OpenEdge platform claim to be reliable and scalable, with a lower TCO compared to the majority of other counterpart platforms. Indeed, Progress' OpenEdge application platform, Sonic ESB middleware, Actional service oriented architecture (SOA) and Web services management platform, and DataDirect integration tools (to