Progress is one of 17 vendors included in the report based on its
completeness of vision and ability to execute
BEDFORD, Mass.--(BUSINESS WIRE)--
Progress
(NASDAQ: PRGS) today announced its position as a Visionary in the newly
published Gartner "Magic Quadrant for Mobile App Development Platforms"
(MADP) report. This is the third inclusion for the company's mobile
application development platform.
The annual report published by Gartner on June 15 provides a qualitative
analysis into the MADP market and its direction, maturity and vendor
participants. Criteria for inclusion is based on completeness of vision
and ability to execute, including market understanding, marketing and
sales strategy/execution, offering/product strategy and execution,
business model, viability, vertical/industry and geographic alignment,
innovation, market responsiveness, customer experience and overall track
record.
According to the report, "Mobile apps are at the front line of the
digital revolution, and MADPs are becoming the main driver accelerating
digital transformation in businesses." 1 In fact, Gartner
also says that, "by 2020, more than 75 percent of enterprises will have
adopted at least one mobile app development platform to accelerate their
digital business transformation strategy, up from approximately 33
percent in 2015."
In May, Progress announced
its vision and strategy for digital transformation as well as the
release of Progress® DigitalFactory™, a cloud-based solution to address
enterprise needs for digital transformation. Mobile app development
plays a pivotal role in the advancement of digital business, and
Progress mobile development technologies and mobile-enabling
solutions—such as Telerik® Platform by Progress and Progress
DigitalFactory—are part of a multi-dimensional digital solution that
both transforms businesses and how customers engage with them.
"We're thrilled by our placement in the Visionaries quadrant," said
Michael Benedict, Chief Product Officer, Progress. "At the rate in which
our market is shifting and the importance of digital business, having
foresight and an approach that looks five or 10 years down the road is
critical to any business's success. We're partnering with our customers
to ensure they have the technology necessary to not only stay
competitive, but to be leaders in their respective markets. Gartner's
inclusion, in our minds, further validates that we're driving our
business in the right direction."
For more information about the Magic Quadrant for Mobile Application
Development Platforms, click
here.
Additional Resources
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.
About Progress
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-premises 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
1-781-280-4000.
Progress, DigitalFactory, and Telerik are trademarks or registered
trademarks of Progress Software Corporation and/or one of its
subsidiaries or affiliates in the U.S. and other countries. Any other
trademarks contained herein are the property of their respective owners.
1 Gartner, "Magic Quadrant for Mobile App Development
Platforms," 15 June 2016, Jason Wong, Van L. Baker, Adrian Leow, Joachim
Herschmann
View source version on businesswire.com: http://www.businesswire.com/news/home/20160707005102/en/
Progress
Erica Burns, +1 888-365-2779
PR@progress.com
Source: Progress
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