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4-Traders Homepage  >  Equities  >  Nasdaq  >  Progress Software Corporation    PRGS

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Business Summary
Logo Progress Software Corporat
Develops real-time data management software

Progress Software Corp. develops real-time data management software services.

It operates through the following segments: OpenEdge Business; Data Connectivity and Integration; and Application Development and Deployment Business.

The OpenEdge Business segment provides product enhancements and marketing supports the partners need to sell more of their existing solutions to their customers.

The Data Connectivity and Integration segment focuses on the growth of the company's data assets, including the data integration components of its cloud offerings.

The Application Development and Deployment Business engages in generating net new customers of its application development assets, including cloud-based offerings and products and solutions acquired from Telerik.

The company was founded by Joseph Wright Alsop, Clyde Kessel and Charles Arthur Ziering in 1981 and is headquartered in Bedford, MA.

Number of employees : 1 912 persons.
Sales per Businesses
20152016Delta
USD (in Million)%USD (in Million)%
OpenEdge295.9378.4%276.2768.2% -6.65%
Application Development and Deployment43.6911.6%81.0720% +85.53%
Data Connectivity and Integration37.9310%48.0111.8% +26.59%
Sales per Regions
2015
USD (in Million)%
United States193.6751.3%
EMEA124.1732.9%
Asia Pacific28.227.5%
Latin America17.594.7%
Canada13.903.7%
Managers
NameAgeSinceTitle
Yogesh K. Gupta-2016Chief Executive Officer & Director
John Richard Egan592011Non-Executive Chairman
Jerry Rulli602014Chief Operating Officer
Paul A. Jalbert602012Chief Financial Officer
Dmitri Tcherevik-2017Chief Technology Officer
Michael L. Mark711987Lead Independent Director
Charles Francis Kane MBA, CPA592006Independent Director
David A. Krall, MBA572008Independent Director
Philip M. Pead642011Director
Erica Burns--Press Contact
Equities
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 48,270,027 46,903,726 97.2% 0 0.0% 97.2%
Shareholders
NameEquities%
BlackRock Fund Advisors 5,688,469 11.8%
The Vanguard Group, Inc. 4,260,369 8.83%
Praesidium Investment Management Co. LLC 4,242,886 8.79%
T. Rowe Price Associates, Inc. 3,333,967 6.91%
Dimensional Fund Advisors LP 2,143,178 4.44%
SSgA Funds Management, Inc. 1,214,179 2.52%
JPMorgan Investment Management, Inc. 1,188,975 2.46%
Northern Trust Investments, Inc. 973,692 2.02%
Fisher Asset Management LLC 912,529 1.89%
Trigran Investments, Inc. 620,653 1.29%
Sector
Technology
Software & IT Services
 Software & IT Services
  Software
   Software - NEC
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Sector Software - NEC
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Company contact information
Progress Software Corp.
14 Oak Park Drive
Bedford, MA 01730-1414

Phone : +1.781.280.4000
Fax : +1.781.280.4949
Web : www.progress.com
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