Jason Bloomberg, senior analyst, ZapThink LLC., who earlier in the week said the Iona deal made good sense for Progress, also saw value in the Mindreef acquisition.
“Both the Mindreef and IONA deals are great moves for Progress,” Bloomberg said. “Governance, quality, and management are more important to SOA success than middleware is, so it’s a great sign that they’re adding SOA quality to the mix.”
Change management is a crucial piece of SOA that appears to be missing in many vendor offerings, the ZapThink analyst noted.
“After all, unless you enable broad-based service consumption and composition in environments of continual change, which is what SOA is all about, you can’t have effective SOA. It’s surprising that more SOA infrastructure companies haven’t made a deeper investment in SOA governance, quality, and management solutions, since they will rapidly realize that the success of their SOA initiatives depend on successfully addressing those issues.”
Read more at: SearchSOA“These product lines only have about a 10 percent overlap,” said Hub Vandervoort, CTO SOA Infrastructure Products at Progress, explaining the acquisition after it was announced Wednesday. He described the Progress and Iona product lines as 90 percent synergistic.
That argument held some weight with Jason Bloomberg, senior analyst with ZapThink LLC.
“It’s nice to finally see an SOA infrastructure deal that makes good sense on both sides,” Bloomberg said. “Iona gets to be part of an organization that has strong sales and marketing, as well as a deep customer base, and Progress gets some of the higher quality technology on the market at what is arguably a fire sale price.”
The “fire sale price,” in Bloomberg’s opinion refers to the announced terms of the deal in which Progress is buying Iona for $4.05 per share in cash, which it said “represents a total equity value of approximately $162 million.”
Offering a brief financial history lesson, Bloomberg said: “True, no one would expect Iona to go for anything like their dot.com bubble high of almost $100 per share, but even so, their $4.05 per share deal price is still less than half their post-bubble high of around $8.60 reached in the spring of 2004.”
The $4.05 per share offer was unanimously approved by Iona’s board of directors, according to the Progress announcement, which noted that it was a 16 percent more than the average share price during the six months prior to Feb. 8, when Iona first announced that it was talking to a potential buyer.
Beyond the deal maker issues, Bloomberg supported Vandervoort’s contention that the two companies’ enterprise service bus products, Iona’s Artix ESB and the Sonic ESB Progress acquired in early 2006, are more complementary than competitive. The ZapThink analyst also noted that Iona also provides CORBA technology that pre-dates the SOA approach.
Read more at: SearchSOA“Finally, a SOA infrastructure deal that makes good sense on both sides,” Jason Bloomberg, an analyst with the SOA consultancy Zapthink, said via e-mail Wednesday. “IONA gets to be part of an organization that has strong sales and marketing, as well as a deep customer base, and Progress gets some of the better technology on the market at what is arguably a fire-sale price.”
Read more at: PC World“Finally, a SOA infrastructure deal that makes good sense on both sides,” noted Jason Bloomberg, a senior analyst with ZapThink. “Iona gets to be part of an organization that has strong sales and marketing, as well as a deep customer base, and Progress gets some of the better technology on the market at what is arguably a fire sale price,” he added.
Read more at: SD TimesPresentations from ZapThink’s Practical SOA for Insurance event on May 16, 2008. Presented as a 232-slide PowerPoint in pdf format (large file). Agenda as follows:
| Session title | Time | Details |
|---|---|---|
| Welcome &SOA Adoption Trends in Insurance | 08:30-09:30 |
Presenter: Jason Bloomberg, ZapThink, LLC
|
| Industry Standards Based SOA: Using Standards to Jump Start SOA Projects | 09:30-10:00 |
Presenter: Frank Neugebauer, Sr. Enterprise Architect, ACORD
|
| Coffee Break | 10:00-10:15 | |
| Case Study in SOA: Insurance Industry | 10:15-11:00 |
Presenter: Benjamin Moreland, Director, Foundation Services, The Hartford The Hartford, through their SOA Maturity Model, created a long-term SOA strategy as part of the EA program in 2003. This has allowed them to build a strong foundation, implement effective SOA governance and continue to leverage successful deployments of platforms, services and standards. This presentation will describe the Maturity Model used, lessons learned and benefits that The Hartford has experienced the last 5+ years.
|
| The 3 C’s of SOA and Integration Quality: Complete, Collaborative, Continuous | 11:00-12:00 |
Presenter: Chris Kraus, iTKO LISA Product Manager Enterprises are rapidly reaching the Tipping Point of increased change and complexity in IT. While the industry has developed agile tools for integrating and leveraging new and existing technologies — our ability to ensure quality must keep up with the pace of change that business drives. Quality must be baked into the entire lifecycle of the application, from design time, to change time and runtime, and not relegated to a pre-production “acceptance” phase. This presentation will provide practical examples for how developers and QA teams can work together to test and validate SOA workflows that span multiple application tiers, from the web UI, to services protocols, messaging/ESB frameworks, and implementation layers.
|
| Lunch Break | 12:00-13:00 |
|
| Leveraging Pre-Built Services to Accelerate Your SOA and Deliver Value to Your Business | 13:00-14:00 |
Presenter: Chris Connell, SVP Services, SEEC
Learn how leading insurance carriers are taking a practical approach to SOA by leveraging pre-built SOA components to accelerate their SOA through the creation of shared services layer to rapidly meet the needs of their business. Hear how services common to Agent Enablement, Customer Self Service and CSR Enablement can be used – and re-used and how a number of carriers are delivering on the promise of SOA in less time and with less cost. |
| Changing Mainframe SOA Economics | 14:00-15:00 |
Presenter: Dan Finerty, Director, Product Marketing, DataDirect Shadow
|
| Coffee Break | 15:00-15:15 | |
| The role of Identity in SOA deployments | 15:15-16:00 |
Presenter: K. Scott Morrison, Layer 7 Technologies
|
| SOA Infrastructure: Laying the Foundation for IT Productivity | 16:00-16:45 |
Presenter: Franco Castaldini – Director, SOA Product Marketing, Software AG
|
The importance of the Data Services Layer for SOA, Service-Oriented Business Applications (SOBAs), and Service Consumers. Also explores the notion of Enterprise Mashups from the data perspective.
Delivered at DataDirect’s Architect Tutorial series in April – May, 2008.
34-slide PowerPoint in pdf format.
All of the presentations from ZapThink’s Practical SOA event in London, UK on April 25, 2008.
The presentations include the following:
Welcome & World-Wide SOA Adoption Trends in 2008, Presenter: Jason Bloomberg, Managing Partner, ZapThink, LLC
Case Study in SOA: GE Capital Solutions, Presenter: Nicolas Farges, Technical Architect, GE Capital Solutions Europe.
Case Study in SOA: ABN Amro – Achieving Enterprise Scale SOA, Presenter: Roy Varughese, Chief Architect, ABN AMRO (Global Clients)
Enterprise SOA patterns, Presenter: Francois Lascelles, Director of Client Solutions, Layer 7 Technologies
A Complete Strategy for Testing Web services, Presenter: Rix Groenboom, Parasoft
Redefining the Economics of Mainframe SOA, Presenter: David Little, Senior Technical Consultant (Shadow Products), DataDirect
Recession-Proofing your Company with SOA, Presenter: Jason Bloomberg, Managing Partner, Zapthink
251-slide PowerPoint in pdf format (large file).
The Progress product provides the kind of agility for managing data that SOA provides for business applications, said Jason Bloomberg, senior analyst with Zapthink LLC.
“The SOA challenge that DataXtend addresses is in building and supporting the data services layer, which abstracts the underlying data in order to provide flexibility to the business services above the layer,” Bloomberg said. “In essence, DataXtend brings agility to an enterprise’s data in a way that complements and supports the agility that SOA already provides to business processes.”
Read more at: SearchSOASpecial ZapThink “Sneak Preview” Podcast for January 8, 2008 features:
Ron Schmelzer, Managing Partner, ZapThink
Ben Moreland, Director, Foundation Services, The Hartford
Mike Kavis, Executive Director, Architecture, Catalina Marketing
Jim Mackay, CMO, iTKO
Al Aghili, CTO and Founder, Managed Methods
Martin Milani, CTO, Tidal Software
Dan Finerty, Director, Product Marketing, DataDirect
Listen to this Podcast and you will get a “Sneak Peek” at what all the presenters will be speaking about at our Practical SOA: New York / New Jersey – Finance, Pharma, Media, Governance, Quality, and Management event in Newark, New Jersey, on March 25, 2008.
SOA allows IT organizations to externalize identity management outside of the application, said ZapThink analyst Ron Schmelzer. That eases the problem, but it’s not a one-size-fits-all solution, he noted. “You have to specify details for each user or service,” he said, offering an example of an online merchant. “You can see this [inventory] data, but you can’t get at the credit card authorization service.”
A key thing to check for is how the SOA is using third-party components, and whether those components are functioning properly, said ZapThink’s Schmelzer. “Take down one key service, [and] you can take down [the entire app],” he noted. “Can you imagine what would happen if Google Maps went down? How many applications would I kill?” In the past, that would have been a problem for only Google, he noted, but with SOA, the impact is so much wider. “The greatest benefit of SOA–[the ability to share services]–is also the greatest problem of SOA.”
Read more at: SD Times
SOA Implementation Roadmap