Progress Software Corp
NASDAQ:PRGS
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Progress Software Corp
Research & Development
Progress Software Corp
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Progress Software Corp
NASDAQ:PRGS
|
Research & Development
-$139.1m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-9%
|
||
Oracle Corp
NYSE:ORCL
|
Research & Development
-$9.3B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
-9%
|
CAGR 10-Years
-6%
|
||
ServiceNow Inc
NYSE:NOW
|
Research & Development
-$2.4B
|
CAGR 3-Years
-24%
|
CAGR 5-Years
-29%
|
CAGR 10-Years
-34%
|
||
Fortinet Inc
NASDAQ:FTNT
|
Research & Development
-$678.2m
|
CAGR 3-Years
-19%
|
CAGR 5-Years
-20%
|
CAGR 10-Years
-19%
|
||
Microsoft Corp
NASDAQ:MSFT
|
Research & Development
-$30.4B
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-10%
|
||
CrowdStrike Holdings Inc
NASDAQ:CRWD
|
Research & Development
-$975.8m
|
CAGR 3-Years
-43%
|
CAGR 5-Years
-54%
|
CAGR 10-Years
N/A
|
Progress Software Corp
Glance View
Progress Software Corp. is a pioneering player in the software industry, carving out its niche by providing businesses with the building blocks necessary for digital transformation. Founded in 1981, the Massachusetts-based company has evolved in harmony with the ever-changing tech landscape. At its core, Progress Software offers robust cloud and hybrid deployment tools that empower developers to create, deploy, and manage complex applications with ease. By offering an array of products such as application development platforms, data connectivity solutions, and application management tools, Progress caters to the dynamic needs of businesses that seek to enhance efficiency and innovate swiftly. These offerings serve multiple sectors from finance to healthcare, enabling enterprises to integrate powerful functionalities into their operations without starting from scratch. The company's revenue streams are as multifaceted as its product offerings. Primarily, Progress Software generates income through software license fees, subscriptions, maintenance, and support services. As businesses increasingly prioritize digital agility, the recurring nature of its subscription and support revenues has proved pivotal, offering not just growth but also financial predictability. Moreover, strategic acquisitions have bolstered its product suite, cementing its role as a comprehensive solution provider. By consistently updating its technologies to remain at the forefront of trends such as artificial intelligence and machine learning, Progress ensures its clients can adapt to future challenges, thus maintaining its significance in a tech-driven world. In essence, Progress Software thrives by being the architect of digital frameworks that foster innovation across industries.
See Also
What is Progress Software Corp's Research & Development?
Research & Development
-139.1m
USD
Based on the financial report for Aug 31, 2024, Progress Software Corp's Research & Development amounts to -139.1m USD.
What is Progress Software Corp's Research & Development growth rate?
Research & Development CAGR 10Y
-9%
Over the last year, the Research & Development growth was -10%. The average annual Research & Development growth rates for Progress Software Corp have been -11% over the past three years , -10% over the past five years , and -9% over the past ten years .