Wednesday September 08 , 2010
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Progress' New Initiatives, 7 to 9 Percent Staff Reduction Worldwide


Progress Software announced new strategic initiatives, which it claims are to "better position the company for long-term growth, improved profitability, greater competitiveness and improved efficiency across its global business." According to its press release, the new initiatives include the following:

  • The refinement of the company’s product portfolio towards core and high-growth opportunities, delivering industry-leading solutions that enable companies to be more operationally responsive.
  • An increased investment and expansion, over the next 18 months, of development and administration operations in India, where Progress has run a successful development organization for several years.
  • The continued consolidation of offices around the world.

Read more: Progress' New Initiatives, 7 to 9 Percent Staff Reduction Worldwide

 

Hear Progress' Q2 Conference Call, June 23


Progress will discuss its 2010 fiscal second quarter results during its quarterly conference call, Wednesday, June 23 at 9 a.m, EDT. On Tuesday, June 22, Progress will be providing a copy of prepared remarks, giving shareholders and analysts some time to analyze its results. During the conference call, only brief comments and a Q&A period will be delivered (prepared remarks will not be read on the call).

Read more: Hear Progress' Q2 Conference Call, June 23

   

American Paper & Twine Improves Efficiency using Infor ERP Solution


According to Infor, "American Paper & Twine, a top distributor of janitorial, packaging, food service, and office products, has selected Infor ERP A+ to synchronize and manage operations across its five locations in the Southeastern United States." By implementing this solution, the client will be able to see increased productivity and automated workflow.

Read more: American Paper & Twine Improves Efficiency using Infor ERP Solution

   

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