Magic to Help ISVs Move to SaaS
February 26, 2008 Alex Woodie
Magic Software last week announced plans to deliver a new set of development tools aimed at helping independent software vendors (ISVs) deliver their applications using the software as a service (SaaS) approach. The Israeli company also delayed filing of its quarterly and year-end financial results by a week.
Magic says it has already completed a round of beta testing for its new offering, called the SaaS Enabled Application Platform, or SEAP, and plans to officially roll it out later this year, starting in Japan.
SEAP is based largely on eDeveloper, the 4GL-based integrated development environment (IDE) for i5/OS and Windows operating systems that Magic has been selling for 20 years. In addition to all the capabilities of eDeveloper, SEAP will include “rich internet client” capabilities and administrative functions.
Eitan Naor, president and CEO of Magic Software Enterprises, says SEAP’s basis on eDeveloper will keep it on the forefront of application development. “Working on this evolution with ISVs who have been teaming with us continuously for over 20 years, carrying forward their line of business applications across the rapidly changing software industry without disruption, is particularly rewarding,” he says.
A day after announcing SEAP, Magic announced that it wouldn’t be publishing its quarterly and year-end financial results on February 21, as initially planned. Instead, the company plans to release the results on February 28, before the markets open.
The cause of the delay was the need to perform “various routine procedures for the preparation of its annual financial report,” the company says.