<p>Just over a year ago, application infrastructure vendor Progress Software announced a drastic plan to turn its ailing fortunes around. It pledged to sell off no fewer than ten of its product lines, and abandoned its strategy of pursuing enterprise-wide contracts.</p><p>Instead, the company decided to renew its focus on independent software vendors (ISVs) who have long been its core customer base. The idea was to reposition its various middleware products as a platform for a new breed of applications, capable of processing and analysing data in real time.</p><p>Of course, the immediate challenge for most ISVs is not how they embed complex event processing (CEP_ or business rules management, or any other Progress' esoteric middleware products, into their applications, but how they can navigate the shift to the cloud.</p><p>"Our ISV customers have said, we want to be able to compete in the cloud," explains CEO Philip Pead.</p><p><a href="http://www.information-age.com/industry/software/123457122/progress-software-buys-a-new-front-end-for-its-paas-play">Keep reading...</a></p>