Five Minute Briefing - Information Management
June 13, 2013
Five Minute Briefing - Information Management: June 13, 2013. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
Software AG has agreed to acquire Apama, a platform for complex event processing (CEP) and CEP-powered solutions, from Progress Software. Apama CEP allows organizations to correlate and analyze business activities across multiple data streams in real-time and take immediate action in response. "Data can lose its value in an instant," said Robin Gilthorpe, CEO of Software AG's Terracotta and member of the Software AG Group Executive Board. "This acquisition is a major step in delivering on our strategy of empowering enterprises to derive meaningful business insights and value from big data."