Progress Software announced that its Agentic Retrieval‑Augmented Generation (RAG) platform is now available through the AWS Marketplace, giving customers a streamlined way to deploy the no‑code, trustworthy AI solution within their Amazon Web Services environments. The move expands the company’s reach to the largest cloud‑customer base in the world and positions the platform for rapid adoption by enterprises that rely on AWS for their core workloads.
The Agentic RAG platform combines a low‑code interface with a retrieval‑augmented generation engine that pulls data from structured and unstructured sources, delivering verifiable insights while minimizing hallucinations. Integration with Amazon Bedrock allows customers to plug the platform into the same set of foundation models that power AWS’s own AI services, reducing the need for custom model training and accelerating time‑to‑value for developers and business users alike.
Progress Software’s Q3 2025 results underscore the strategic importance of this launch. Revenue rose to $249.8 million, a 40 % year‑over‑year increase, while annual recurring revenue grew 47 % to $849 million. Adjusted earnings per share of $1.50 beat consensus of $1.30 by 15 %, driven by disciplined cost management and a favorable mix shift toward higher‑margin AI‑enabled subscriptions. The company’s net retention rate remained at 100 %, reflecting strong customer stickiness amid the AI boom.
The announcement follows a series of strategic moves that reinforce Progress’s AI trajectory. In July 2025 the company acquired Nuclia, a leader in RAG technology, to deepen its data‑centric AI capabilities. Earlier in the year, the integration of ShareFile added a robust collaboration layer that now contributes meaningfully to top‑line growth. CEO Yogesh Gupta emphasized that “Progress Agentic RAG is redefining how businesses interact with their data,” highlighting the platform’s role in unlocking value from unstructured content across languages and formats.
Investors reacted positively to the Q3 2025 earnings, citing the company’s ability to beat earnings estimates, raise full‑year guidance, and demonstrate strong recurring revenue growth. The new AWS Marketplace listing builds on that momentum, offering a scalable distribution channel that aligns with the broader market demand for enterprise‑grade, no‑code AI solutions. Management’s focus on “removing barriers so organizations can adopt and scale transformative AI solutions with confidence” signals continued confidence in the platform’s commercial potential.
The expansion into AWS Marketplace positions Progress Software to capture a larger share of the growing AI services market, while the company’s financial strength and strategic acquisitions provide a solid foundation for sustained growth. The move is expected to accelerate adoption of the Agentic RAG platform, deepen customer relationships, and drive additional revenue streams in the coming quarters.
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