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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. engages in the provision of a platform, which develops and deploy mission-critical business applications.

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

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

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

The Application Development and Deployment segment generates net new customers for the application development assets of the company.

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
20152016Delta
USD (in Million)%USD (in Million)%
United States193.6751.3%212.3152.4% +9.63%
EMEA124.1732.9%130.8232.3% +5.35%
Asia Pacific28.227.5%24.166% -14.38%
Latin America17.594.7%21.165.2% +20.25%
Canada13.903.7%16.894.2% +21.51%
Managers
NameAgeSinceTitle
Yogesh K. Gupta-2016Chief Executive Officer & Director
John Richard Egan592011Non-Executive Chairman
Paul A. Jalbert602012CFO & Principal Accounting Officer
Dmitri Tcherevik-2017Chief Technology Officer
Tony Murphy--Chief Information Technology
Michael L. Mark711987Lead Independent Director
Charles Francis Kane MBA, CPA592006Independent Director
David A. Krall, MBA572008Independent Director
Paul T. Dacier592016Independent Director
Rainer Gawlick, PhD492016Independent Director
Equities
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 47,807,918 46,622,318 97.5% 0 0.0% 97.5%
Shareholders
NameEquities%
BlackRock Fund Advisors 5,605,558 11.7%
The Vanguard Group, Inc. 4,320,547 9.04%
Praesidium Investment Management Co. LLC 4,260,853 8.91%
Dimensional Fund Advisors LP 1,795,666 3.76%
Numeric Investors LLC 1,286,255 2.69%
SSgA Funds Management, Inc. 1,286,148 2.69%
JPMorgan Investment Management, Inc. 1,248,653 2.61%
Northern Trust Investments, Inc. 952,729 1.99%
Fisher Asset Management LLC 904,152 1.89%
Charles Schwab Investment Management, Inc. 724,151 1.51%
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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