Progress Software Corp - Company Profile
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Business Description
Progress Software Corp (Progress) is a provider of enterprise software products for the development, deployment, and management of high-impact business applications.
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R&D Overview
Progress’s R&D arm focuses on development of new products and improving existing products. The company operates development offices in Burlington, Massachusetts; Morrisville, North Carolina; Alpharetta, Georgia; Madison, Wisconsin; Sofia, Bulgaria; Limerick, Ireland; Brno, Czech Republic; and Bengaluru and Hyderabad, India. In FY2023, the company incurred expenses of US$132.4 million on product development, which as a percentage of revenue, stood at 19.1%.
Other Break-up
Overview
Generates revenue from technical support, bug fixes, and unspecified software upgrades.
Performance
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Overview
Includes consulting and customer education services.
Performance
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Overview
Includes licenses on-premises or cloud-based and fully functional to the customer.
Performance
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Geographical Segments
Target Markets
India, China, Japan, Singapore, Philippines, Hong Kong and Australia.
Performance
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Performance
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Target Markets
Austria, Denmark, Ireland, Norway, France, Germany, the UK, France, Israel, and other countries.
Performance
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Target Markets
Argentina, Brazil, Chile and other countries
Performance
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Performance
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