Coral8 Receives CMP’s Intelligent Enterprise Editors’ Choice Award
Leading CEP Company Recognized in the Information Management Category of the Companies to Watch in 2008
MOUNTAIN VIEW, California, January 14, 2008 -- CMP’s Intelligent Enterprise has recognized Coral8, Inc. as a company that will drive innovation in 2008 with the honor of an Editors’ Choice Award. The 2008 Editors’ Choice Awards honored 36 companies in five categories which provide exceptional vision, technology innovation and customer leadership in attaining strategic objectives as well as 12 companies in the "Intelligent Enterprise Dozen” category.
Intelligent Enterprise says, “It's not a question of ‘if’ but ‘when’ CEP will take real-time, event-driven applications mainstream. Coral8 will help make this happen, drawing on deep experience, strong partnerships and long-term investment. It's a likely acquisition target for CEP wannabes.”
“Naming 'The Dozen' companies that will matter most to the Intelligent Enterprise community in the coming year as well as the 'Companies to Watch' is never an easy task," said Doug Henschen, editor-in-chief, Intelligent Enterprise. "We look beyond sheer size and technology breadth to consider vendors that are leading the market in terms of innovation and market influence.” The award collaborators, made up of CMP editors and headed by Henschen, considered several hundred companies in this year’s award process.
"We’re honored to be chosen for this prestigious award and agree with many who say that CEP is the space to watch in 2008,” said Terry Cunningham, CEO of Coral8, Inc. “Coral8 has had a great 2007 and we anticipate an even better 2008. Over the past year, developers have increasingly adopted Coral8 to power custom-built applications as businesses recognize that having immediate access to real-time data is a competitive weapon.”
The Intelligent Enterprise Editors’ Choice Awards comes on the heels of previous industry recognition Coral8 has earned. The company is a finalist in the 18th Annual Jolt Product Excellence Awards, for which winners will be announced in March 2008. Last year, Coral8 won the 17th Annual Jolt Productivity Award and was the only CEP vendor to have received such distinction. In addition, Coral8 customer Sallie Mae received the 2007 Network World Enterprise All-Star Award for its use of CEP technology, while Terry Cunningham was named as Inc. magazine’s 2007 Entrepreneur of the Year Readers Favorite.
The Coral8 Engine provides developers with an innovative yet familiar platform and tools to harness the power of CEP and create a real-time business. The Coral8 Engine is the industry’s fastest platform for developing next generation CEP applications, and provides a scalable, manageable platform to deploy these real-time CEP applications anywhere and everywhere in the organization.
About Intelligent Enterprise
CMP's Intelligent Enterprise is the only Web site dedicated to helping organizations unlock and deliver the strategic value of information so they can improve business processes and drive excellence through operational decision-making. Intelligent Enterprise's content offers a unique focus on how to apply leading-edge technologies to sharpen such business objectives as improving the customer experience, developing smarter marketing campaigns, streamlining supply chains, detecting high-risk or fraudulent activity and creating effective, performance-driven enterprises. Intelligent Enterprise delivers expert coverage and thought leadership through its Web site as well as through Webinars, e-newsletters and more.
About Coral8
Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for complex event processing (CEP). Bringing together high-performance, an innovative SQL-based programming language and enterprise-class features, the Coral8 Engine is the fastest, lowest cost way to build and deploy powerful new CEP applications. For more information, visit www.coral8.com or call (650) 210-3810.
Media Contact
Jill Reed or Katy Garlinhouse
Schwartz Communications
(415) 512-0770
coral8@schwartz-pr.com