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PRESS RELEASE
May 24, 2010

For Immediate Release
Contact:
Jeffrey M. Kaplan
Managing Director
THINKstrategies, Inc.
jkaplan@thinkstrategies.com
781-431-2690

WaveMaker Wins THINKstrategies' Cloud Computing Business Value Award

 
Web-Based Platform Accelerates Application Development Process

Wellesley, Mass. - May 24, 2010 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that WaveMaker has been named the latest winner of THINKstrategies' new Cloud Computing Business Value (CCBV) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's cloud computing solutions.
The CCBV Awards program was launched in this year to recognize Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) providers delivering tangible business benefits to specific user organizations. These benefits include lower costs, faster deployment times, greater profitability, etc.

The CCBV Award program builds on the success of THINKstrategies' Best of SaaS Showplace (BoSS) Awards program which was initiated in 2009.

WaveMaker is an open and easy-to-use development platform for web and cloud applications. WaveMaker uses visual, drag and drop tools to generate standard Java applications, boosting developer productivity and quality without compromising flexibility.

WaveMaker applications are cloud-ready and include built-in support for multi-tenancy and elastic scaling. WaveMaker is a rapidly-growing company backed by a 15,000-strong developer community.

 

KANA has used WaveMaker to develop and deliver its KANA 10 call center solution, and enabling end users to do self-service customization of their application. KANA counts 50 of the Fortune 100 as customers, including USPS, Priceline and Sprint. The company estimates that the WaveMaker has reduced its development time 30%. In addition, the WaveMaker platform has enabled KANA to port its solution to Amazon Web Services (AWS) in only 2 weeks.

 

It is for these reasons that WaveMaker has been named a Cloud Computing Business Value Award winner by THINKstrategies.

 

"As cloud computing enters the mainstream, the need for powerful, yet easy to use cloud development tools like WaveMaker will explode," said Chris Keene, CEO of WaveMaker. "THINKstrategies is validating the enormous business value that Platform as a Service vendors like WaveMaker are delivering to enterprise and ISV developers."

 

"Cloud computing have gained rapid acceptance because they can significantly accelerate the time-to-market of new applications," stated Jeffrey M. Kaplan, Managing Director of THINKstrategies. "WaveMaker's platform is a clear example of this powerful value proposition."


For more information regarding the CCBV Awards, go to
http://www.thinkstrategies.com/cloudcomputingawards.html.


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About THINKstrategies, Inc.

THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.

THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.

In addition to the
Software-as-a-Service Showplace, THINKstrategies is also the founder of the Managed Services Showplace, a vendor-independent, online directory and information resource center of managed service solutions.

For more information regarding THINKstrategies' unique consulting services, visit www.thinkstrategies.com, or contact us at info@thinkstrategies.com.


THINKstrategies, SaaS Showplace and Managed Services Showplace are registered trademarks of THINKstrategies, Inc.