Progress Software

Progress Software ( NASDAQ: PRGS ) is a US-based company with headquarters in Bedford, Massachusetts. The company is a provider of application infrastructure software for the development, integration and management of business applications.

The German subsidiary of Progress Software GmbH has its headquarters in Frankfurt am Main.

Products

Its main products include a database system and a built- in DBMS fourth generation programming language. The current product line is called Progress OpenEdge.

Through the acquisitions announced in June 2008 IONA Technologies and Progress Software Mindreef had its SOA portfolio increased. Latest Progress Software offers the following products:

  • Corticon
  • DataDirect
  • Data Connect
  • OpenEdge

Around the globe according to the company a 3 million users in 60,000 companies software applications that are based on Progress technology; total revenues including applications and services amounts to more than 5 billion U.S. dollars. Among the so-called elite Application Partners in Europe include LexisNexis, the Sage Group in the UK, Digia Finland or the proALPHA Software AG in Germany.

Layoffs and sales

25 April 2012 Progress announced plans to exit from 10 products, including all Enterprise Service Bus products. At the same time, 15% of workers are laid off in order to reduce costs by 55 million U.S. dollars annually. The company's focus is to continue to be in the area of ​​Cloud Offerings.

The following products have been sold to competitors:

  • Sonic ESB (Enterprise Service Bus )
  • Actional ( SOA management )
  • SonicMQ (Enterprise Messaging)
  • DataXtend Semantic Integrator ( data interoperability)
  • Savvion
  • Shadow ( mainframe integration )
  • Orbix
  • Artix
  • Orbacu
  • Apama Complex Event Processing ( )
Fourth-generation programming language
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