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Progress Software Corporation Company Profile

NASDAQ: PRGSTechnologyComputer Software: Prepackaged SoftwareUSD

38.28+1.07 (+2.88%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Progress Software at a glance

Progress Software Corporation (NASDAQ: PRGS) is a Computer Software: Prepackaged Software company in the Technology sector headquartered in Burlington, MA. Progress Software is led by Mr. Yogesh K. Gupta and employs about 2,801 people. The company's shares have traded publicly since 1991.

At a market capitalization of $1.56 billion, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0000876167, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Progress Software do?

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Business description based on the company's public filings.

Company information

Legal name
Progress Software Corporation
Ticker
NASDAQ: PRGS
Industry
Computer Software: Prepackaged Software
CEO
Mr. Yogesh K. Gupta
Employees
2,801
Headquarters
15 Wayside Road, Burlington, MA, United States
Phone
781 280 4000
IPO year
1991
SEC CIK
0000876167

Companies similar to Progress Software

PRGS peer companies
CompanyPrice% ChgMarket capCompare
ALKTAlkami Technology Inc.14.33+1.27%$1.53Bvs PRGS
EVCMEverCommerce Inc.9.06-2.58%$1.60Bvs PRGS
COURCoursera Inc.5.27+3.13%$1.51Bvs PRGS
OPRAOpera Limited ADR16.84-1.46%$1.50Bvs PRGS
CNXCConcentrix Corporation27.07+3.48%$1.65Bvs PRGS
BANDBandwidth Inc. Class A51.95-9.61%$1.67Bvs PRGS
QUBTQuantum Computing Inc.7.45-2.23%$1.69Bvs PRGS
XZOExzeo Group Inc.15.89+4.40%$1.43Bvs PRGS

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