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Last Trade
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Last Trade:
$42.09
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Change:
0.485 (1.17%)
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Trade Time:
02:54 PM EST
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Market Cap:
$1.88B
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Description of Business
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Progress Software Corporation ("Progress," the "Company," "we," "us," or "our")
offers the leading platform for developing and deploying strategic business
applications. We enable customers and partners to deliver modern, high-impact
digital experiences with a fraction of the effort, time and cost. Progress
offers powerful tools for easily building adaptive user experiences across any
type of device or touchpoint, award-winning machine learning that enables
cognitive capabilities to be a part of any application, the flexibility of a
serverless cloud to deploy modern apps, business rules, web content management,
plus leading data connectivity technology. Over 1,700 independent software
vendors ("ISVs"), 100,000 enterprise customers, and 2 million developers rely on
Progress to power their applications.
Our products are generally sold as perpetual licenses, but certain products also
use term licensing models and our cloud-based offerings use a subscription based
model.
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