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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Progress Software Corporation | NASDAQ:PRGS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 54.22 | 53.01 | 58.05 | 32 | 11:31:25 |
“emt Distribution’s deep understanding of the Middle East market and their customer-centric approach resonate with our own values, forming the bedrock of our successful partnership,” stated Phil Dunlop, Vice President of Channels & Alliances, Progress. “We eagerly anticipate further collaboration, empowering customers to enhance their infrastructure management, especially in an era of escalating threats where downtime translates to financial losses and reputational damage.”
According to a recent forecast by Gartner, the Middle East region is projected to experience a 15% annual growth in cybersecurity spending over the next few years. This surge is driven by factors like digital transformation, cloud adoption and regulatory efforts to combat evolving cyber threats. Organizations are increasingly investing in robust infrastructure management solutions, including network observability, load balancing and continuous compliance, to enhance application performance, availability and resilience while safeguarding against potential issues and cyber risks.
Through the partnership between Progress and emt Distribution, organizations gain access to products within the Progress Infrastructure Management and Digital Experience portfolios, including:
“Progress’ continued foray into technology in the Middle East and Africa and worldwide has inspired us to focus on yearly growth in the region. Their customer-first approach and stable technology advancement year-on-year has ensured a great partnership for mutual growth not just in product adoption but in partner management, brand awareness and regional custom offerings,” said Nandini Sapru, Vice President, emt Distribution. “We are excited to enter the second decade of our partnership where we expect many more chances to grow and build regional offerings within the infrastructure management and cyber security space.”
About Progress Progress (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.
Progress, Flowmon, LoadMaster, WhatsUp Gold, Chef and MOVEit 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.
Press Contacts:           Kim Baker          Progress        +1-800-477-6473          pr@progress.com
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