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The Release of Wavemaker 6

Before I head off for my favorite holiday, I wanted to send out an update on Wavemaker

Before I head off for my favorite holiday, I wanted to send out an update on Wavemaker.

Our big news of course centers around the release of Wavemaker 6. This release was over a year in the making and represents the first open source cloud development platform on the market (hook up wavemaker with eucalyptus and you have your own open source answer to Force.com and Azure!).

On the business side, WaveMaker continues to drive strong revenue growth in a down economy, putting us in reach our objective to achieve profitability by the end of the year!

Just to brag a bit, here are some analyst quotes from our WaveMaker 6 press release:

  • "WaveMaker's open source cloud development platform provides an important approach for customers adopting cloud computing," said Judith Hurwitz, author of Cloud Computing for Dummies and President of Hurwitz & Associates. "WaveMaker's ability to create partnerships with IBM, Amazon and RightScale also illustrates the value of an open source business model."
  • "WaveMaker is easing the migration path for Java developers who want to bring existing application logic and data into a SaaS environment, while still retaining control over their deployment options," said Phil Wainewright, industry analyst at Procullux Ventures. "With automated support for robust multi-tenant databases, WaveMaker 6.0 advances software developers even further along the path towards realizing the full benefits of the SaaS model."
  • "Cloud computing is fast maturing, but one lagging indicator is developer tools designed specifically for cloud deployment," said James Governor, principal analyst at RedMonk. "WaveMaker aims to change that with their 6.0 release, an open source toolset, and relationships with key players such as IBM, Amazon and RightScale."

Read the original blog entry...

More Stories By Christopher Keene

Christopher Keene is Chairman and CEO of WaveMaker (formerly ActiveGrid). He was the founder, in 1991, of Persistence Software, a San Mateo, CA-based company that created a new approach for managing data in high-transaction banking and communications systems. Persistence Software investors included Cisco, Intel, Reuters and Sun Microsystems. The company went public in 1999 on the NASDAQ exchange and was sold in 2004 to Progress software.

After leaving Persistence Software in 2005, Chris spent a year in France as chairman of Reportive Software, a Paris-based maker of business-intelligence tools, and as an adjunct professor and entrepreneur-in-residence at INSEAD, a leading graduate business school.