Progress Software Corporation - Common Stock (PRGS)
Frequently Asked Questions About Progress Software Corporation - Common Stock (PRGS)
Can you explain what Telerik is?
Telerik is a product line of developer tools and components from Progress Software, focused on building user interfaces for web, mobile, and desktop applications. It provides developers with UI controls and frameworks to enhance productivity and user experience.
Does Progress Software have a global presence?
Yes, Progress Software has a global presence, serving customers in over 180 countries. This international reach enables the company to cater to a diverse range of clients and adapt to various market needs around the world.
How does Progress Software approach customer support?
Progress Software places a strong emphasis on customer support, offering various resources such as documentation, community forums, and dedicated support teams. Their goal is to ensure customers can effectively utilize their products and resolve any issues promptly.
How does Progress Software contribute to sustainability efforts?
Progress Software is committed to sustainability by promoting efficient resource use in its operations and customer solutions. They focus on developing products that enable organizations to reduce their environmental impact through better resource management and operational efficiency.
How does Progress Software ensure product security?
Progress Software prioritizes product security by implementing best practices in software development, including regular updates, vulnerability assessments, and compliance with industry standards. Additionally, they offer security features in their products to help users safeguard their applications.
How does Progress Software support digital transformation?
Progress Software supports digital transformation by providing developers with tools and technologies that allow for faster application development, deployment, and integration. Their solutions facilitate the creation of modern, robust applications that meet evolving customer needs.
What are some of the recent acquisitions by Progress Software?
Progress Software has a history of strategic acquisitions to enhance its product offerings. Recent acquisitions include companies focused on application development, data connectivity, and compliance solutions, broadening the company’s capabilities in these areas.
What are the future goals of Progress Software Corporation?
Progress Software Corporation aims to continue innovating and expanding its product portfolio to meet the changing needs of businesses. The company focuses on enhancing its cloud capabilities, addressing emerging technologies, and maintaining strong customer relationships.
What are the key products offered by Progress Software?
Progress Software offers several key products, including the Telerik and Sitefinity platforms for application development and digital experience management, as well as Progress OpenEdge, a development platform for building business applications.
What does Progress Software Corporation do?
Progress Software Corporation specializes in application development and digital experience technologies. The company provides a range of products that help businesses build, deploy, and manage applications efficiently, focusing on simplifying complex tasks through automation and modern development tools.
What industries does Progress Software serve?
Progress Software serves a diverse range of industries, including finance, healthcare, government, and telecommunications. The company's solutions are designed to meet the unique needs of businesses in various sectors.
What initiatives does Progress Software have for developer communities?
Progress Software actively engages with developer communities through events, webinars, online resources, and forums. They encourage collaboration and knowledge sharing, helping developers enhance their skills and maximize the use of Progress technologies.
What is OpenEdge and its purpose?
OpenEdge is Progress Software's flagship product for building and deploying business applications. It provides a complete environment for development, database management, and integration, empowering organizations to create mission-critical applications.
What is Sitefinity and its significance?
Sitefinity is a content management system (CMS) developed by Progress Software that helps organizations manage their digital content and create engaging customer experiences. It is known for its flexibility and ease of use, enabling marketers and developers alike.
What is the Progress Application Framework?
The Progress Application Framework is a set of tools and services designed to streamline the development of applications. It enables developers to create scalable and maintainable software solutions quickly, leveraging best practices and reusable components.
What is the significance of the Nasdaq listing for Progress Software?
Progress Software Corporation is listed on the Nasdaq stock exchange under the ticker symbol PRGS. Being publicly traded allows the company to raise capital, provide liquidity to shareholders, and enhance its visibility in the market.
What programming languages does Progress Software support?
Progress Software's solutions support multiple programming languages, including Java, .NET languages, JavaScript, and others. This versatility enables developers from different backgrounds to adopt their tools and integrate with various ecosystems.
When was Progress Software Corporation founded?
Progress Software Corporation was founded in 1981. Over the years, it has evolved from its initial focus on programming tools to a broader range of software solutions that facilitate application development and deployment.
Where is Progress Software Corporation headquartered?
Progress Software Corporation is headquartered in Bedford, Massachusetts, USA. The location serves as a central hub for the company's operations, management, and innovation efforts.
What is the current price of Progress Software Corporation - Common Stock?
The current price of Progress Software Corporation - Common Stock is 58.98
When was Progress Software Corporation - Common Stock last traded?
The last trade of Progress Software Corporation - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Progress Software Corporation - Common Stock?
The market capitalization of Progress Software Corporation - Common Stock is 2.58B
How many shares of Progress Software Corporation - Common Stock are outstanding?
Progress Software Corporation - Common Stock has 43.75M shares outstanding.