SingTel, Progress Software unveil cloud-based OpenEdge app
OpenEdge is a development platform for business software apps.
In a release, Progress Software Corporation, in collaboration with Singapore Telecommunications Ltd (SingTel), announced today the launch of an innovative cloud-based infrastructure for Independent Software Vendors to build, test, manage and deploy their applications for their businesses.
In line with Progress Software’s new strategic plan to be a leading platform provider for the next-generation, context-aware applications in the Cloud, the collaboration will enable software developers to deploy, access and analyze applications in the Cloud using the Progress® OpenEdge® application development platform to achieve the industry’s fastest time-to-value.
The Asia Pacific Platform-as-a-Service (PaaS) market is attracting considerable interest from businesses due to the flexibility it brings to application development and Software-as-a-Service (SaaS), with Frost & Sullivan projecting that the market will grow to reach $523 million in 2016. The high level of flexibility and the ability to reduce costs while developing, testing, and deploying new applications is creating a strong case for PaaS adoption in the region. Market adoption of SaaS is expected to grow at a CAGR of 20% with one third of all businesses in Singapore adopting SaaS by 2015, while the Infrastructure-as-a-Service (IaaS) market is expected to grow at a CAGR of 21% and will be led mainly by medium and large businesses.
The OpenEdge® platform is supported by SingTel’s on-demand cloud service, called PowerON, which can be scaled to the needs of users in minutes. PowerON is SingTel's end-to-end suite of cloud-based services and solutions covering Applications-on-Demand, Infrastructure-on-Demand, Connectivity-on-Demand and Managed Services-on-Demand.
The Progress® OpenEdge® application platform is a comprehensive development platform, that is ideal for building dynamic, business process-enabled software applications. It is also one of the world's leading embedded databases to ensure the high availability and scalability demanded by SaaS business applications.