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May 09, 2007
Swedish ComActivity Funded To Bring Web 2.0 To Business Processes
In a deal we missed last month, ComActivity has secured itself about €4.5M (SEK 40M) in venture finance from Industrifonden and Via Ventures. The Swedish startup that was founded 2001 is doing about €2M (SEK 19 million) in annual sales and turned a profit last year. It employs 25 and is based in Stockholm.
Comactivity's founder has a vision about Web 2.0 and enterprise service oriented architecture..
Web 2.0 refers to the second generation of Internet-based services and Web applications. Web 2.0 changes the perception of Web applications as being rigid and slow to a rich, highly interactive, user-friendly interface. This is a revolution of such magnitude that it will no longer be a question if the user interface should be compliant with Web 2.0 but how fast it can happen. And as such I think it is fair to say that Web 2.0 will emerge as the missing link in SOA.
One Web interface linking business processes even if the underlying applications and databases are aging.
In its own words:
ComActivity supplies development and streamlining of companies' existing business applications, making these web-based and above all user friendly. Rather than replacing old systems, ComActivity modernize them and renew the company's way of working by integrating several applications, both internal and external, into a common information flow, complemented with new functionality. The benefit of the system is increased and the lifecycles of existing system investments are prolonged.
It works well with IBM's Websphere platform.
ComActivity - The Lean Software Company
Posted on May 9, 2007 04:08 PM | Posted to News And Updates | Permalink
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