ShareFile Named a Visionary in 2024 Gartner® Magic Quadrant™ for Document Management

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]