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Progress Software Corporation (PRGS)

22.96 0.27(1.16%) Aug 28, 4:00PM EDT
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Progress Software Corporation
14 Oak Park Drive
Bedford, MA 01730
United States - Map
Phone: 781-280-4000

Index Membership:N/A
Industry:Application Software
Full Time Employees:942

Business Summary 

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.

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Corporate Governance 
Progress Software Corporation’s ISS Governance QuickScore as of Aug 1, 2014 is 9. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 6; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Philip M. Pead , 61
Chief Exec. Officer, Pres and Exec. Director
Mr. Chris E. Perkins , 51
Chief Financial Officer and Sr. VP of Fin. & Admin.
Mr. Antonio J. Aquilina , 46
Sr. VP of Strategy and Corp. Devel.
Mr. John P. Goodson , 49
Chief Product Officer and Sr. VP
Mr. Andrew E. Zupsic , 51
Sr. VP of Global Field Operations
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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