“Our ISV customers have said, we want to be able to compete in the cloud,” explains CEO Philip Pead.
So Progress also announced that it would be gradually moving its software components into the cloud, to create an all new "platform-as-a-service" offering.
– Progress Software buys a new front end for its PaaS play
You see this a lot: companies help "SaaSify" applications. Progress more than likely had a pretty broad, long standing base of companies using it’s various middleware chunks. How much money is in it? It’s always the smallest part of any prognosticator’s cloud market-sizing. I always think there’s something slightly wrong there, but who knows.
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