Software AG Buys Leading Complex-Event-Processing Platform Apama from Progress Software
June 13 2013 - 6:00AM
Business Wire
- The acquisition of Apama is an
important step in implementing Software AG’s strategy of enabling
the digital enterprise
- Apama will enable enterprises to
maximize the value of their big data through proactively responding
to business opportunities identified from the continuous analysis
and correlation of business activities across multiple data
streams
- It will also enable customers to fully
integrate the industrial internet (Industry 4.0), analyzing the
massive amounts of real-time operational data from intelligent
machines to make precise, real-time decisions
- Software AG will leverage and expand
Apama’s leadership in customizable CEP-powered solutions in capital
markets (algorithmic trading, risk and market surveillance),
telecommunications and supply chain & logistics
- With this acquisition Software AG
confirms its focus on dynamic growth for its BPE business
division
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