Last $25.70 USD
Change Today -0.16 / -0.62%
Volume 278.3K
PRGS On Other Exchanges
As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

progress software corp (PRGS) Snapshot

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52 Week High
11/13/14 - $27.43
52 Week Low
03/28/14 - $20.06
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Average Volume 10 Days
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Dividend Yield

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progress software corp (PRGS) Details

Progress Software Corporation provides software solutions for various industries worldwide. Its solutions simplify the development, deployment, and management of business applications on-premise or in the cloud, on any platform or device, to any data source. The company offers application development solutions, including Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across any platform, mobile device, and cloud; and Progress Rollbase, which allows creation of software as a service (SaaS) business applications using point and click, and drag and drop tools in a standard Web browser. It also provides data integration solutions comprising Progress DataDirect Connect software, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms to any major database for corporate IT organizations and software vendors; and Progress DataDirect Cloud, a SaaS-based connection management service that simplifies SQL access to a spectrum of cloud-based data sources through a single standards-based interface. In addition, the company offers Progress Corticon, a business rules management system that enables applications with decision automation, decision change process, and decision-related insight capabilities; and Progress Pacific, a platform-as-a-service, which enables creation and deployment of data-driven business applications with minimal coding by using point-and-click and drag-and-drop tools in a Web browser. Further, it provides product maintenance, consulting, training, and customer support services. The company sells its products directly, as well as through independent distributors to end-users, independent software vendors, original equipment manufacturers, and system integrators. Progress Software Corporation was founded in 1981 and is headquartered in Bedford, Massachusetts.

942 Employees
Last Reported Date: 01/29/14
Founded in 1981

progress software corp (PRGS) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $637.9K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $331.7K
Senior Vice President of Global Field Operati...
Total Annual Compensation: $350.0K
Chief Product Officer and Senior Vice Preside...
Total Annual Compensation: $320.0K
Senior Vice President of Strategy and Corpora...
Total Annual Compensation: $315.0K
Compensation as of Fiscal Year 2013.

progress software corp (PRGS) Key Developments

Progress Partners with DataStax to Provide Enterprise Data Integration for Apache Cassandra

Progress announced that it has partnered with DataStax, to provide customers with enterprise-ready data connectivity and integration solutions for Cassandra. The partnership comes as a result of increased demand from both Progress DataDirect and DataStax customers for a standards-based solution that allows Cassandra to integrate with existing IT processes and systems, including BI, analytics and ETL. This shortens the integration time, reduces the development effort, and allows for reuse of existing skills, particularly with the database teams that use traditional relational databases such as Oracle and SQL Server.

Progress Announces Support for Salesforce1 Lightning Connect

Progress announced support for Salesforce1 Lightning Connect, helping companies quickly integrate mission critical data from third-party back office systems with Salesforce. Progress(R) DataDirect Cloud(R) offering transforms how companies integrate with Salesforce by enabling real-time access using OData to connect external databases like Oracle and Microsoft SQL Server. Building on the tremendous success of last year's launch of the Salesforce1 Platform, Salesforce1 Lightning defines a new era of Platform as a Service (PaaS). With Lightning, Salesforce is delivering a new user interface for every Salesforce app, optimized for any device. And developers and business users can now quickly build apps with a custom user interface for every screen shape and size. Salesforce is launching the new Lightning Connect, a new breed of real-time integration that will change the way companies access and connect with data stored in legacy systems. Unlike other integration tools, Lightning Connect can be configured in minutes with point-and-click tools and does not copy and store outdated data in Salesforce.

Progress Announces Availability of Modulus for AWS

Progress announced the availability of Modulus, the premier platform for deploying and managing Node.js applications, on Amazon Web Services. The extension further builds Modulus' offerings as a member of the AWS Partner Network (APN) in the category of Standard Technology Partner. Developers can take advantage of Modulus on AWS Marketplace immediately. Benefits for Customers: Secure multi-tenancy for hosting multiple projects in a dedicated environment - Seamless management of hybrid environments between on-premise and the cloud - Scalability and the option to pay for services as needed - The ability to manage multiple projects and databases on AWS instances - Platform readiness to meet compliance, regulation, and governance needs. The Modulus Public Cloud offering is available in three servo sizes - 396MB, 512MB, and 1024MB - to match project resource needs and to fill hosting needs cost-effectively. The multiple tiers of deployment support are also designed to scale the user's environment to match business and app growth. The Modulus Enterprise offering is designed to help organizations conquer major deployment challenges, including deploying across multiple servers, environments, and geographies, while meeting constantly evolving compliance standards such as PCI and HIPAA. The Modulus Enterprise offering also helps organizations deploy applications in hybrid infrastructure environments, as well as through a platform-as-a-service (PaaS) model behind their firewall.


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Valuation PRGS Industry Range
Price/Earnings 26.9x
Price/Sales 4.0x
Price/Book 2.5x
Price/Cash Flow 24.3x
TEV/Sales 3.2x

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