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

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Progress : Honors 2016 Global Partner Awards Winners

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05/23/2017 | 11:00am CEST

Leading channel partners recognized for innovation and excellence in vision and execution

Progress (NASDAQ: PRGS) today announced the winners of the Progress 2016 Global Partner Awards. The annual recognition, which includes both Progress® OpenEdge® Global Partner Award winners and Progress® Sitefinity™ Partner of the Year Award winners, celebrates top Progress partners demonstrating excellence in a wide array of business and market categories as well as technology innovation. In total, the awards honored 18 Progress partners across 10 countries.

“These organizations exemplify the power of Progress technology to deliver game-changing business outcomes,” said Kimberly King, Vice President, Global Partners and Channels, Progress. “We’re proud of our partners’ expertise in leveraging Progress technology to develop applications and experiences that deliver on complex and innovative business requirements. Together we help our customers grow their businesses and stay competitive in a fast-paced technology landscape. Best of all, we inspire each other to drive innovation and create the best solutions for tomorrow’s challenges.”

Progress OpenEdge 2016 Global Partner Awards
These awards recognize partners who have leveraged Progress OpenEdge, the leading application development platform for simplifying the delivery of mission-critical business applications, in a significant way. The 2016 Progress Global Partner Awards winners are:

“We’re deeply honored to receive the Partner of the Year and Highest SaaS Revenue of the Year awards,” said Trent Paben, President and COO of DMSi. “The technological advantages of Progress and their foresight allowed us to offer a SaaS deployment to our customers from the beginning. We are the only ERP offering in our competitive landscape with success using a SaaS deployment method. The evolution of Progress with technologies like Rollbase, Telerik Platform and Kendo UI provides us with a competitive advantage by enabling us to rapidly adapt to the technological change.”

Progress Sitefinity 2016 Partner of the Year Awards
These awards honor the top Progress Sitefinity partners for achieving excellent performance and delivering outstanding customer solutions based on the Progress Sitefinity Content Management System (CMS) during the past 12 months. Categories focus on areas including innovation, digital excellence, collaboration and graphic design and revenue generation.

The 2016 Progress Sitefinity Partner of the Year winners are:

Overall Revenue Contribution Awards by Region:

“To receive the Sitefinity Partner of the Year award for the third consecutive year is a great honor,” said Mike Svanascini, President of Americaneagle.com. “Working with Progress Sitefinity demonstrates our commitment to create exceptional user experiences and personalization for our clients. Its ease-of-use and scalability has enabled us to build highly integrated websites for organizations of all sizes.”

To learn about the Progress Partner+ Program, visit: https://www.progress.com/partners.

Additional Resources

About Progress
Progress (NASDAQ: PRGS) is a global leader in application development, empowering enterprises to build mission-critical business applications to succeed in an evolving business environment. With offerings spanning web, mobile and data for on-premise and cloud. Progress powers businesses worldwide, promoting success one application at a time. Learn about Progress at www.progress.com or 1-781-280-4000.

Progress, OpenEdge, and Sitefinity are trademarks or registered trademarks of Progress Software Corporation or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.


© Business Wire 2017
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Financials ($)
Sales 2017 393 M
EBIT 2017 131 M
Net income 2017 38,0 M
Finance 2017 1,96 M
Yield 2017 -
P/E ratio 2017 45,08
P/E ratio 2018 33,49
EV / Sales 2017 3,60x
EV / Sales 2018 3,56x
Capitalization 1 414 M
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 31,0 $
Spread / Average Target 5,8%
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Yogesh K. Gupta Chief Executive Officer & Director
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