Progress Software Corp - Company Profile

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Progress Software Corp: Overview

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Progress Software Corp (Progress) provides software products that develop and manage AI-powered applications and digital experiences. Its product portfolio includes OpenEdge, Chef, Progress Developer Tools, Kemp LoadMaster, MOVEit, DataDirect, WhatsUp Gold, Sitefinity, Flowmon, Corticon, MarkLogic, and Semaphore. The company’s services include application modernization, infrastructure automation, development operations, data management, managed database services, performance enhancements and tuning, and analytics/business intelligence services. Progress serves a diverse range of customers, including business managers, IT managers, and developers across various industries, facilitating the creation of business applications. The company utilizes a network of independent software vendors, original equipment manufacturers, and value-added resellers for distribution. It operates in North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific region. Progress is headquartered in Burlington, Massachusetts, the US.

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Headquarters United States of America
Address Suite 400, 15 Wayside Road, Burlington, Massachusetts, 01803
Website www.progress.com
Telephone 1 781 2804000
No of Employees 2,801
Industry Technology and Communications
Ticker Symbol & Exchange PRGS (NASD)
Revenue (2024) $977.8M 29.8% (2024 vs 2023)
EPS XYZ
Net Income (2024) XYZ 6.9% (2024 vs 2023)
Market Cap* $1.3B
Net Profit Margin (2024) XYZ -17.6% (2024 vs 2023)
* As of and is in US$
View Progress Software Corp financials
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Progress Software Corp premium industry data and analytics

270+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Progress Software Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Digital Experience: Customer Support
Sitefinity Consulting and Outsourcing
NativeChat Modernization
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2025 New Products/Services In December, the company introduced Progress Telerik and Progress Kendo UI.
2025 New Products/Services In November, the company launched early access for Progress Agentic RAG for Sitefinity.
2025 Corporate Changes/Expansions In October, the company launched its new Center of Excellence in Heredia, Costa Rica.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters Progress Software Corp Microsoft Corp Amazon Web Services Inc International Business Machines Corp Oracle Corp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Burlington Redmond Seattle Armonk Austin
State/Province Massachusetts Washington Washington New York Texas
No. of Employees 2,801 228,000 - 286,800 162,000
Entity Type Public Public Private Public Public
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Executives
Name Position Board Since Age
Yogesh K. Gupta Chief Executive Officer; Director; President Executive Board 2016 64
Anthony Folger Chief Financial Officer; Executive Vice President Senior Management 2021 53
Domenic Lococo Chief Accounting Officer Senior Management - -
Ian Pitt Chief Information Officer; Executive Vice President Senior Management 2021 57
YuFan Stephanie Wang Chief Compliance Officer; Chief Legal Officer; Corporate Secretary; Executive Vice President Senior Management 2022 42
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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