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Progress Software Corp. Announcement under the Irish Takeover Rules

Retrieved on:

Friday, April 5, 2024

ACT, MAKE, RDBMS, OpenEdge, ANY, MarkLogic, Organization, Semaphore, SQL, FIRM, RAG, Acquisition, JDBC, AI, TCO, MADE, LTS, IRISH, Progress, ABL, ODBC, NOT, MariaDB

BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules. Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

Key Points:

THIS IS AN ANNOUNCEMENT UNDER THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES").
IT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES.
BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules.
Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?

ABN AMRO Moves Progress-Powered Credit Store App to Azure Cloud; Achieves 40% Faster Data Processing, Lower TCO and Improved Business Resilience

Retrieved on:

Tuesday, March 12, 2024

Microsoft, Total cost of ownership, Azure, MarkLogic, ABN, Database, EVP, Total cost, Infosys, ABN AMRO, Data hub, History, Software, PRGS, TCO, Progress, AMRO Bank, Cryptocurrency

BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that ABN AMRO Bank, one of the largest banks in the Netherlands, migrated its Progress-powered Credit Store application from on-premises to Microsoft Azure leveraging MarkLogic® Data Hub's cloud neutrality and deployment flexibility—resulting in faster data processing, increased business resilience and lower Total Cost of Ownership (TCO).

Key Points:

Built on the MarkLogic Data Hub repository, the bank’s Credit Store application enables business users to assess the risks of and approve or reject credit applications based on client data collected from various siloed sources.
To boost its performance and simplify its overall technology environment, ABN AMRO partnered with Infosys to migrate the Credit Store application.
The MarkLogic Data Hub helps organizations gain operational excellence by delivering a 360-degree view of their operations, customers and people.
“The MarkLogic Data Hub reoffers the ability to adapt to changing business needs, navigate regulatory requirements and improve business continuity.”

Progress Reports 2023 Fiscal Fourth Quarter and Year End Results

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Tuesday, January 16, 2024

Table, Annual report, Chef, ASU, MarkLogic, Insurance, Revenue stream, ARR, Form, Income tax, Environment, Sale, Software, GAAP, Acquisition, MOVEit, Webcast, Progress, Rate, Security (finance), Bank

BURLINGTON, Mass., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal fourth quarter and fiscal year ended November 30, 2023.

Key Points:

Fiscal Q1 2024 business outlook compared to 2023 exchange rates on GAAP and non-GAAP revenue is approximately $1.0 million.
Progress will hold a conference call to review its financial results for the fiscal fourth quarter of 2023 at 5:00 p.m.
A reconciliation of non-GAAP adjustments to Progress' GAAP financial results is included in the tables at the end of this press release.
The adjustments related to our acquisitions of Ipswitch and Chef were completed as of the end of fiscal years 2022 and 2023, respectively.

Swirl Hires Chris Biow as Head of Federal Sales for government expansion

Retrieved on:

Wednesday, January 10, 2024

WALTHAM, Mass., Jan. 10, 2024 /PRNewswire/ -- Swirl, a leading search and AI company, announced that Chris Biow joined as Head of Federal Sales.

Key Points:

WALTHAM, Mass., Jan. 10, 2024 /PRNewswire/ -- Swirl, a leading search and AI company, announced that Chris Biow joined as Head of Federal Sales.
Biow has over 20 years of experience in enterprise search and unstructured data, serving government customers.
"Chris is a seasoned leader with a proven history of delivering value to government agencies and partners," said Sid Probstein, President of Swirl.
"His specialty in government use of unstructured data at varying levels of sensitivity will drive the growth of Swirl's federal sales program.

OpenText appoints Denise Miura as SVP & President of OpenText Japan

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Monday, January 8, 2024

Cloud, Information management, OpenText, AI, MarkLogic, Growth, TSX, SVP, Public sector, EVP

WATERLOO, ON, Jan. 8, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Denise Miura as SVP & President of OpenText Japan for the Canadian-based information management and AI company.

Key Points:

WATERLOO, ON, Jan. 8, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Denise Miura as SVP & President of OpenText Japan for the Canadian-based information management and AI company.
Miura has deep experience working in the Japan region for global software leaders in enterprise data and insights management, having ran the Japan operations at both MarkLogic and Medallia.
"We are pleased to have Denise join the sales leadership team at OpenText," said James McGourlay, EVP of International Sales.
Under her leadership, I am confident that OpenText Japan will continue to scale and deliver business impact to our important customers and partners in Japan."

Industry Veteran Bill Washburn Assumes Key Role as Chief Growth Officer at IT Availability

Retrieved on:

Thursday, January 4, 2024

Architecture, Growth, MarkLogic, Intelligence, Engineering, Intelligence community, Management

TYSONS, Va., Jan. 4, 2024 /PRNewswire/ -- IT Availability , a leading provider of innovative IT services, proudly announces the appointment of Bill Washburn as its new Chief Growth Officer.

Key Points:

TYSONS, Va., Jan. 4, 2024 /PRNewswire/ -- IT Availability , a leading provider of innovative IT services, proudly announces the appointment of Bill Washburn as its new Chief Growth Officer.
In his new role at IT Availability, Bill will spearhead strategic initiatives aimed at expanding all facets of the business, leveraging his wealth of experience to drive organic growth, explore new business opportunities, and enhance operational efficiencies.
"We are thrilled to welcome Bill Washburn to IT Availability as our Chief Growth Officer.
Bill Washburn expressed his excitement about the new opportunity, stating, "I am honored to join IT Availability, a company known for its commitment to excellence and innovation.

Business Architecture Guild® Appoints John Faulkenberry to its Board of Directors

Retrieved on:

Tuesday, December 19, 2023

Architecture, IBM, Business architecture, Kellogg School, SAN, Northwestern University, Information management, MarkLogic, Knowledge, SVKM's NMIMS, Growth, KPMG, Organization, Management

SAN FRANCISCO, Dec. 19, 2023 /PRNewswire/ -- The Business Architecture Guild®, an international community of business architecture practitioners, announced today the appointment of John Faulkenberry to its Board of Directors. With over two decades of leadership experience and expertise in enterprise information management and business architecture, John will contribute to the Guild's strategic direction and growing body of knowledge with proven best practices and actionable insight to maximize the value of business architecture and expedite adoption.

Key Points:

SAN FRANCISCO, Dec. 19, 2023 /PRNewswire/ -- The Business Architecture Guild® , an international community of business architecture practitioners, announced today the appointment of John Faulkenberry to its Board of Directors.
With over two decades of leadership experience and expertise in enterprise information management and business architecture, John will contribute to the Guild's strategic direction and growing body of knowledge with proven best practices and actionable insight to maximize the value of business architecture and expedite adoption.
"We are pleased to welcome John to our Board of Directors," said William Ulrich, Guild President and Co-founder.
"A respected leader and passionate advocate for business architecture, John's continued contribution to our community and now board will be invaluable to our members and the advancement of business architecture as a discipline and profession worldwide."

Board, the leader in Intelligent Planning, appoints data industry veteran Jeff Casale as Chief Executive Officer

Retrieved on:

Monday, November 13, 2023

Board International, the global leader for Intelligent Planning solutions, today announced the appointment of Jeff Casale as its new Chief Executive Officer effective November 6.

Key Points:

Board International, the global leader for Intelligent Planning solutions, today announced the appointment of Jeff Casale as its new Chief Executive Officer effective November 6.
Mr. Casale is a seasoned technology industry executive, uniquely qualified to lead Board’s next phase of expansion and continued international growth.
Casale most recently served as CEO of MarkLogic, focusing on providing data management and data integration platforms.
Previously Casale was a President with Dell Technologies where he created and led the DTS group into a global multi-billion-dollar business.

Sensing Clues Saves Wildlife Using Geospatial Intelligence with Progress

Retrieved on:

Wednesday, November 1, 2023

Knowledge, Internet of things, PRGS, Intelligence, EVP, Biodiversity, MarkLogic, Organization, Progress, Nature, Non-governmental organization, Partnership, Semantics, Metadata, Data hub, Climate change, Hunting

BURLINGTON, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of application development and infrastructure software, announced that Sensing Clues, the Dutch non-government organization dedicated to the preservation of nature and wildlife using advanced technologies, leveraged Progress® MarkLogic® Data Hub to prevent illegal animal poaching. Providing rangers with better situational awareness to act on unauthorized access into restricted areas, in 2022 alone, Sensing Clues supported over 320 rangers and conducted more than 54,500 observations and tracks to protect 3,211,000 hectares of nature.

Key Points:

BURLINGTON, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of application development and infrastructure software, announced that Sensing Clues , the Dutch non-government organization dedicated to the preservation of nature and wildlife using advanced technologies, leveraged Progress® MarkLogic® Data Hub to prevent illegal animal poaching.
Partnering with Progress, Sensing Clues created a powerful, secure and innovative data management platform, incorporating smart IoT sensors and predictive analytics, to help conservation parks worldwide protect, manage and nurture nature.
“Without the MarkLogic Data Hub, we wouldn’t have been able to create such an advanced technology solution, changing the way wildlife has been guarded,” said Jan Kees Schakel, founder and CEO, Sensing Clues.
In addition to being a trusted and true partner, Progress has also been a good friend to Sensing Clues, supporting our mission over the years.”
Sensing Clues’ solution provides rangers with a complete real-time, searchable 360-degree view of all protected park areas.

Knowledge Graph Market worth $2.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, October 31, 2023

The Knowledge Graph Market is changing as a result of the synergy between recommendation systems and knowledge graphs.

Key Points:

The Knowledge Graph Market is changing as a result of the synergy between recommendation systems and knowledge graphs.
Furthermore, recommendation algorithms provide a widespread knowledge of intricate ideas through cross-domain information integration, which in turn promotes multidisciplinary cooperation in the Knowledge Graph Market.
The Knowledge Graph Market in Asia Pacific is highly competitive, as the China, India and Japan have a strong focus on Research and Development (R&D) and innovation.
To strategically analyze the macro and micro markets to individual growth trends, prospects, and contributions to the total Knowledge Graph Market
To analyze the industry trends, pricing data, patents, and innovations related to the Knowledge Graph Market.