Frost & Sullivan Honors Progress with 2016 Customer Value Leadership Award
Accompanying report identifies Progress OpenEdge as "one of the most
collaborative, comprehensive, and integrated application development
platforms on the market"
BEDFORD, Mass.--(BUSINESS WIRE)--
(NASDAQ: PRGS) today announced that it has been named the winner of
Frost & Sullivan's 2016 Customer Value Leadership Award in the
Enterprise Application Development Platform market for manufacturing.
OpenEdge® innovative application development platform enables
customers to build and protect beautiful on-premise, cloud or hybrid
applications, and deploy them across any platform or mobile device. With
a staggering renewal rate of more than 90 percent, Progress effectively
addresses evolving customer requirements in the new digital age of
enterprise application development. In the last year, Progress has
strategically enhanced the capabilities of the OpenEdge platform that
have added to its own strength, while supporting the various layers of
its customers' end user engagement model.
According to the report, "By simplifying and streamlining the rapid
development, deployment, integration, and management of global
enterprise business applications, Progress has successfully addressed
the requirements for current and futuristic business applications in a
single platform." In fact, Frost & Sullivan says the Progress OpenEdge
platform "offers customers a massive number of options and freedom to
choose the components that best fit their different needs and
constraints. In addition, ease of use, low cost of ownership, minimal IT
complexity, reduced time to delivery/fast time-to-market, high
performance and stability, and its supreme relationship with customers
clearly highlight the unique value proposition offered by Progress."
For this award, Frost & Sullivan analysts independently evaluate two key
factors across the nominees: customer impact and business impact. These
evaluations are then put into a Decision Support Scorecard, which
benchmarks the criteria and identifies positions on a 10-point scale.
Progress received the highest rating of 9.5/10, a full 1.5 points higher
than its closest competitor, who received a score of 8.0/10.
"We are honored to be recognized as an enterprise application
development platform leader for delivering exceptional value to our
customers," said Colleen Smith, Vice President and General Manager for
Progress OpenEdge, Progress. "More and more businesses are seeing
application modernization and transformation as the key to competitive
advantage in today's digital age. We offer various technology pathways
to support their digital needs, and ultimately enable customers to grow
quickly as their businesses evolve in tandem with emerging market
to download a complimentary copy of the report.
About Frost & Sullivan
Frost & Sullivan, the Growth
Partnership Company, enables clients to accelerate growth and achieve
best-in-class positions in growth, innovation, and leadership. The
company's Growth Partnership Service provides the CEO and the CEO's
Growth Team with disciplined research and best practice models to drive
the generation, evaluation, and implementation of powerful growth
strategies. Frost & Sullivan leverages almost 50 years of experience in
partnering with Global 1000 companies, emerging businesses, and the
investment community from 31 offices on six continents. To join its
Growth Partnership, please visit http://www.frost.com.
Progress (NASDAQ: PRGS) is a global leader in
application development, empowering the digital transformation
organizations need to create and sustain engaging user experiences in
today's evolving marketplace. With offerings spanning web, mobile and
data for on-premise and cloud environments, Progress powers startups and
industry titans worldwide, promoting success one customer at a time.
Learn about Progress at www.progress.com or
Progress and OpenEdge are trademarks or registered trademarks of
Progress Software Corporation and/or one of its subsidiaries or
affiliates in the US and other countries. Any other trademarks contained
herein are the property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161024005107/en/
Kim Baker, +1-888-365-2779
News Provided by Acquire Media
Close window | Back to top