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    Progress Software Corporation (PRGS)

    -NasdaqGS
    23.62 Down 1.03(4.18%) Feb 5, 4:00PM EST
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    Progress Software Corporation
    14 Oak Park Drive
    Bedford, MA 01730
    United States - Map
    Phone: 781-280-4000
    Website: http://www.progress.com

    Details 
    Index Membership:N/A
    Sector:Technology
    Industry:Application Software
    Full Time Employees:1,766

    Business Summary 

    Progress Software Corporation provides software solutions for various industries worldwide. Its OpenEdge segment offers Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and mobile devices, as well as cloud; and Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities. The company’s Data Connectivity and Integration segment provides Progress DataDirect Connect software, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Cloud, a software-as-a-service (SaaS) based connection management service that simplifies SQL access to a spectrum of cloud-based data sources through a single standards-based interface. Its Application Development and Deployment segment offers Telerik Dev Tools, a design, quality assurance, debugging, and reporting suite; Telerik Dev Cloud, a cloud-based application design, deployment, hosting, and testing suite; Telerik Platform, an end-to-end application lifecycle solution; Telerik ALM, an application lifecycle management suite for testing Web, mobile, and desktop applications; Telerik Sitefinity, a Web content management and customer analytics platform; Progress Rollbase, a software that allows the creation of SaaS business applications; and Modulus Node.js and MongoDB cloud platforms that helps in the development of business and consumer applications. The company also provides project management, implementation, custom development, programming, and other services, as well as services to Web-enable applications; and training services. It sells its products directly to end-users, as well as indirectly to application partners, original equipment manufacturers, and system integrators. The company was founded in 1981 and is headquartered in Bedford, Massachusetts.

    Key Statistics


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    Corporate Governance 
    Progress Software Corporation’s ISS Governance QuickScore as of Feb 1, 2016 is 4. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 5; Compensation: 5.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Philip M. Pead , 63
    Chief Exec. Officer, Pres and Exec. Director
    753.00K0.00
    Mr. Chris E. Perkins , 53
    Chief Financial Officer and Sr. VP of Fin. & Admin.
    501.00K0.00
    Mr. Andrew E. Zupsic , 53
    Sr. VP of Global Field Operations
    448.00K0.00
    Mr. Jerry Rulli , 59
    Chief Operating Officer
    N/AN/A
    Mr. Paul A. Jalbert , 59
    Chief Accounting Officer, VP and Corp. Controller
    N/AN/A
    Amounts are as of Dec 31, 2014 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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