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ShareFile Named a Visionary in 2024 Gartner® Magic Quadrant™ for Document Management
Newsfilter· 2025-03-25 13:00
Core Insights - Progress has been recognized by Gartner as a Visionary in the 2024 Magic Quadrant for Document Management for its ShareFile solution, which enhances productivity and security through AI features [1] - ShareFile was evaluated among 15 vendors based on its "Ability to Execute" and "Completeness of Vision," highlighting its transformative value for organizations [1] - Gartner reports that 70% to 80% of enterprise information is unstructured, presenting challenges for organizations to manage content effectively [1] Company Overview - Progress (NASDAQ:PRGS) provides AI-powered digital experience and infrastructure software, enabling organizations to develop and manage applications with agility [4] - The company serves over 4 million developers and technologists across hundreds of thousands of enterprises [4] Product Features - ShareFile offers advanced document management and collaboration solutions, including user-friendly client portals, document request lists, native e-signature functionality, and threat detection alerts [5] - The platform is designed to streamline workflows and enhance collaboration while ensuring security through AI-powered features [1][5]
Progress to Report First Quarter 2025 Financial Results on March 31, 2025
GlobeNewswire· 2025-03-17 13:00
Core Viewpoint - Progress (Nasdaq: PRGS) is set to release its financial results for the fiscal first quarter of 2025 on March 31, 2025, after market close, with a conference call scheduled for the same day at 5:00 p.m. ET [1] Group 1: Financial Results Announcement - The financial results for the first quarter of fiscal year 2025 will be released after market close on March 31, 2025 [1] - The first quarter ended on February 28, 2025 [1] Group 2: Conference Call Details - A live webcast of the conference call will be available, and participants are encouraged to join 15 minutes early to avoid delays [2] - An archived version of the conference call and supporting materials will be accessible on the Progress Investor Relations webpage after the live event [2] Group 3: Company Overview - Progress empowers organizations to achieve transformational success through AI-powered applications and digital experiences [3] - The company serves over 4 million developers and technologists across hundreds of thousands of enterprises [3]
Progress Releases Over 50 Free Enterprise-grade UI Components for React Developers
GlobeNewswire· 2025-03-13 13:00
Core Insights - Progress has announced the availability of over 50 enterprise-grade UI components from KendoReact for free, aimed at enhancing the development capabilities of the React community [1][5] - The initiative is designed to democratize access to high-quality UI components, allowing developers of all experience levels to create sophisticated applications more efficiently [2][3] Group 1: Product Offering - The free components include popular UI elements such as DropDownList, DatePicker, MultiSelect, and Buttons, along with features of the React Data Grid and professionally designed themes [3][5] - Developers will also gain access to Figma UI kits and learning resources, facilitating the creation of distinctive user interfaces while maintaining high-quality standards [3][5] Group 2: Community Engagement - Progress is hosting a 2-week virtual Dev Challenge to encourage innovative use of the free KendoReact UI components, with submissions accepted in various categories [4] - This initiative aims to foster innovation within the developer community and stimulate the growth of the React ecosystem [3][4] Group 3: Market Context - According to the 2024 Stack Overflow Developer Survey, nearly 42% of professional developers utilize React, highlighting its popularity due to flexibility and robust performance [2] - The introduction of free enterprise-grade tools is expected to further enhance developer productivity and accelerate workflows in the React ecosystem [2][3]
Progress Chef Platform Named to Constellation ShortList™ for DevOps
GlobeNewswire News Room· 2025-03-11 13:00
Group 1 - Progress has been recognized in the Constellation ShortList™ for DevOps in Q1 2025, marking the seventh consecutive year for the Chef platform [1][2] - The recognition highlights Progress's role in driving transformation initiatives, helping organizations navigate the evolving tech landscape [1][3] - The Chef portfolio includes automation tools for infrastructure, orchestration, compliance, and application management, enhancing efficiency for DevOps teams [2][3] Group 2 - The introduction of a fully managed, cloud-based platform by Progress simplifies IT for customers by automating maintenance, version upgrades, and security updates [2][3] - Progress emphasizes its commitment to IT automation, delivering continuous compliance and operational efficiency across hybrid and multi-cloud environments [3] - Constellation Research evaluates products for the ShortList based on client inquiries, partner conversations, customer references, and market share [3]
Progress Opens Applications for its 2025 Women in STEM Scholarship Series
Newsfilter· 2025-03-06 14:00
Core Insights - Progress has launched the 2025 Women in STEM Scholarship Series to support female students in the U.S., Bulgaria, and India, coinciding with International Women's Day [1][2] - The scholarship aims to empower women pursuing degrees in computer science, software engineering, IT, or related fields, highlighting the importance of education in driving innovation in the STEM industry [2] U.S. Scholarship Details - The Mary Székely Scholarship for Women in STEM offers a renewable award of $10,000 for women in Massachusetts enrolling in or completing their first year of an undergraduate degree in relevant fields [2] Bulgaria Scholarship Details - The Women in STEM Scholarship Program in Bulgaria provides two annual scholarships of BGN 3,000 each (approximately $1,700) for women in their second, third, or fourth year of study in related fields at accredited universities [3] India Scholarship Details - The Akanksha Scholarship for Women in STEM in India is a renewable award of up to INR 1,50,000 (approximately $2,000) annually for women pursuing undergraduate degrees in relevant fields, focusing on resilience and ambition [4] Corporate Social Responsibility - The scholarship series is part of Progress's CSR program, which emphasizes innovation and social impact, with past recipients demonstrating significant contributions to society through technology [5] Application Information - Applications for the scholarships must be submitted by April 11, 2025, with details available on the Progress website [6] Company Overview - Progress is a provider of AI-powered digital experience and infrastructure software, enabling organizations to develop and manage applications and digital experiences effectively [7]
Progress Unveils Fully Managed Web Application Firewall for MOVEit Cloud to Bolster File Transfer Security and Support PCI 4.0 Compliance
GlobeNewswire· 2025-03-04 14:00
Core Insights - Progress has introduced Web Application Firewall (WAF) functionality to its MOVEit Cloud managed file transfer solution, enhancing security for sensitive data transfers and ensuring compliance with evolving security standards [1][2][3] Group 1: Security Enhancements - The new WAF functionality blocks malicious web traffic, providing an additional layer of protection for organizations handling sensitive data [1][2] - It is designed to mitigate risks from injection attacks and unauthorized file access, built on OWASP-based industry standards to protect against the OWASP Top 10 threats [7] Group 2: Compliance and Regulatory Standards - The MOVEit Cloud solution is now certified to meet PCI DSS 4.0 requirements, along with HIPAA, HITECH, and HIPAA Omnibus standards, ensuring organizations can maintain compliance with the latest regulations [7] - The WAF functionality is critical as PCI DSS 4.0 mandates the deployment of a WAF for public-facing applications by March 31, 2025 [2] Group 3: Operational Efficiency - MOVEit Cloud simplifies the management of file transfer infrastructure, allowing IT leaders to focus on securing data transfers while Progress manages WAF updates and scaling [5][7] - The solution offers 24/7 monitoring and support from Progress security specialists, enhancing operational efficiency for organizations [7]
Progress Appoints Ed Keisling to the Role of Chief AI Officer
GlobeNewswire· 2025-02-27 14:00
Senior engineering leader to oversee Company’s AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company’s Chief AI Officer (CAIO). In this newly created role, Keisling will be responsible for leading the AI strategy for Progress and ...
Progress Recognized by Gartner® in the 2025 Magic Quadrant™ for Digital Experience Platforms for Fourth Consecutive Year
Newsfilter· 2025-02-05 14:00
Company's Recognition Based on Completeness of Vision and Ability to Execute BURLINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms¹. Progress was one of 17 vendors evaluated in this report and has been recognized for the fourth consecutive time. "We believe Progress' recognition again this year in the Ma ...
Understanding Progress Software (PRGS) Reliance on International Revenue
ZACKS· 2025-01-27 15:15
Have you evaluated the performance of Progress Software's (PRGS) international operations during the quarter that concluded in November 2024? Considering the extensive worldwide presence of this business software maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being a ...
Launch of Progress Data Cloud Creates Platform to Accelerate AI Strategies and Digital Transformation
GlobeNewswire· 2025-01-23 14:00
BURLINGTON, Mass., Jan. 23, 2025 (GLOBE NEWSWIRE) -- New offering empowers enterprises to simplify data operations and enhance AI capabilities in the cloud Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced the launch of Progress® Data Cloud℠, a managed Data Platform as a Service designed to simplify enterprise data and artificial intelligence (AI) operations in the cloud. With Progress Data Cloud, customers can accelerate their digit ...