Last $25.48 USD
Change Today +0.38 / 1.51%
Volume 551.2K
PRGS On Other Exchanges
As of 8:10 PM 10/24/14 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
10/25/13 - $26.77
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 Appoints Melissa Puls as Chief Marketing Officer

Progress announced the appointment of Melissa Puls to chief marketing officer (CMO), effective October 20, 2014. As CMO, Puls will oversee all aspects of the company's marketing operations and communications strategy. Puls will report into Progress president and chief executive officer, Phil Pead. Puls brings nearly 20 years of experience to Progress. She is a seasoned marketing executive who most recently served as the vice president of Iron Mountain's Global Demand Center, where she led demand generation, content marketing, web marketing, marketing operations, and creative services.

Progress Software Corporation, Telerik AD - M&A Call

To discuss the acquisition between Progress Software Corporation and Telerik AD

TVH Selects Progress Pacific PaaS to Streamline Warehouse Management System

Progress Software Corporation has announced that TVH Group is using Progress Pacific platform-as-a-service, or PaaS, to streamline its internal ERP and warehouse management system. The company will start in 2015 with the implementation of Progress Corticon business rules management and Progress Rollbase rapid application development to complement their existing Progress OpenEdge platform. The Progress Corticon Business Rules Management System (BRMS) - a critical component of the Progress Pacific PaaS platform - allows TVH to model instead of program decision rules, which drastically reduces the development and implementation time of new pricing rules. As a result, price calculations of millions of products worldwide can be displayed in real time, optimizing the accuracy of orders. The high-performance automated business decisions and increased agility of decision change processes will reduce the time to market. By using Progress Rollbase, TVH will transform and modernize its existing ERP system to improve the ease of use and maintenance. The result allows dealers and suppliers around the world to submit orders through a single platform, which improves accuracy and flexibility. Furthermore, Progress Rollbase will also be the foundation for new cloud-based applications. The rapid application development platform allows the company to use a 'point & click' graphical interface in a standard web browser.


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Price/Sales 3.9x
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