Progress Software

#3752

Rank

$2.62B

Marketcap

United States

Country

Leadership team

Mr. Yogesh K. Gupta (CEO, Pres & Director)

Mr. Anthony Folger (Exec. VP & CFO)

Ms. Loren Weinberg Jarrett (Exec. VP & GM of Digital Experience)

Products/ Services

Computer, Enterprise Software, Information Technology, Software

Number of Employees

1,000 - 20,000

Headquarters

Bedford, Massachusetts, United States

Established

1981

Company Registration

SEC CIK number: 0000876167

Net Income

100M - 500M

Revenue

500M - 1B

Traded as

PRGS

Social Media

URL

https://www.progress.com

Overview

Location

Recognition and Award

References

Summary

Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

History

Progress Software was co-founded by several MIT graduates, including Joseph W. Alsop, Clyde Kessel and Chip Ziering in 1981. Initially called Data Language Corporation , the company changed its name to Progress Software in 1987 to match that of its flagship product, Progress. In May 2016, Progress Software re-branded as "Progress" in an effort to "shed any doubts it was not living up to its name"

Mission

delivering the next generation of business applications

Vision

Progress Software Corporation's vision is to become a leader in the SaaS market, providing customers with innovative, cloud-based applications that are easy to develop, deploy, and manage.

Key Team

Mr. Domenic Lococo (Chief Accounting Officer)

Mr. Ian Pitt (Exec. VP & Chief Information Officer)

Mr. Brian Flanagan (Directory of Treasury & Investor Relations)

Ms. YuFan Wang (Exec. VP, Chief Legal Officer & Sec.)

Ms. Jennifer Ortiz (Exec. VP of Marketing)

Mr. Jeremy Segal (Exec. VP of Corp. Devel.)

Ms. Katie Kulikoski (Exec. VP & Chief People Officer)

Recognition and Awards

Progress Software Corporation has been the recipient of various awards, including a Readers' Choice Award from PC Magazine in 2007 and an InfoTech 100 Award from Computerworld in 2014.