Progress Soft Stock Price, News & Analysis

Progress (NASDAQ: PRGS) announced the launch of Sitefinity DX 14.0, a digital experience platform that enhances multichannel content, integration, and analytics capabilities. This new platform supports low-code integration and chat-driven engagement, allowing organizations to craft tailored digital experiences. Recent research revealed that 35% of businesses have yet to adopt a DXP due to complexity and cost. Sitefinity DX 14.0 aims to simplify these challenges, enabling data-driven marketing and efficient content delivery, while recently being recognized as a leader in the digital experience platform space.

Progress (NASDAQ: PRGS) announced its upcoming financial results for the fiscal third quarter on September 23, 2021, after market close. This quarter ended August 31, 2021. A conference call to discuss the results will begin at 5:00 PM ET the same day. Interested investors can access the call via the investor relations website or by dialing in. The company emphasizes its role as a provider of critical business application products, serving over 100,000 enterprise customers and a vast developer community.

Progress (NASDAQ: PRGS) announced the winners of the 2021 Chef Awards during ChefConf 2021, recognizing excellence in DevOps. SAP received the Continuous Compliance Champion award for using Chef InSpec to ensure security compliance across cloud environments. Bluestem Brands was honored as the Continuous Delivery Trailblazer for integrating Chef in their CI/CD pipelines. AHEAD was named Partner of the Year for its DevSecOps solutions. The event gathered over 2,000 DevOps professionals, highlighting community contributions and innovations in the field.

Progress (NASDAQ: PRGS) has enhanced its Chef portfolio to support multi-cloud compliance and operator productivity, facilitating DevOps acceleration. New features include automation for cloud resources across AWS, Azure, and GCP, improved integration for operator productivity, and SaaS-based access to Chef products. Sundar Subramanian emphasized the importance of a DevSecOps approach for secure delivery. These updates aim to simplify the adoption of DevSecOps practices, responding to increasing organizational needs for security and compliance automation in cloud environments.

Progress (NASDAQ: PRGS) announced its 10th annual ChefConf, to be held virtually on September 7-9, 2021. The conference will unite industry leaders and DevOps professionals to discuss advancements in DevOps and DevSecOps. Notable speakers include experts from Google, Netflix, SAP, and UBS. The event aims to enhance skills and foster innovation in the DevOps space, featuring keynotes, workshops, and networking opportunities. Attendees will delve into topics such as infrastructure compliance and automation, helping them navigate the evolving landscape of technology.

Progress (NASDAQ: PRGS) announced that CFO Anthony Folger and VP of Investor Relations Michael Micciche will participate in investor meetings at Oppenheimer's 24th Annual Technology, Internet & Communications Conference on August 9. The virtual event, running from August 9-11, will showcase cutting-edge technologies and provide a platform for investors to assess leading companies in the sector. Interested parties can arrange one-on-one meetings by contacting an Oppenheimer representative or the conference coordinator.

Progress (NASDAQ: PRGS) has appointed Ian Pitt as its new Chief Information Officer. With over 30 years of IT leadership, Pitt will enhance the company’s IT strategy, focusing on security practices and M&A integration. He reports directly to CEO Yogesh Gupta, who emphasized the importance of IT for growth. Pitt's prior experience includes roles as CIO at LogMeIn and Thunderhead. His leadership is expected to drive innovation and operational efficiency, crucial for safeguarding Progress's infrastructure and supporting its growth strategy.

Progress (NASDAQ: PRGS) has announced the R2 2021 release of Telerik Test Studio, enhancing its UI test automation platform. Key improvements include advanced debugging capabilities for faster app deployment, new support for .NET 5, .NET Core, and .NET 6 Preview, and updated license management options for large teams. These upgrades aim to minimize testing cycle delays and improve operational efficiency. The release is available now, with a webinar scheduled for August 26 to provide further insights.

Progress (NASDAQ: PRGS) has launched MOVEit Cloud, a cloud-based Managed File Transfer (MFT) solution, available on Microsoft Azure for businesses in the UK and Australia. This offering is designed to aid compliance with data protection laws, including GDPR and CCPA, especially post-Brexit. MOVEit Cloud is compliant with PCI, SOC 2 type 2, and HIPAA standards, ensuring data security during transfers. The service allows organizations to maintain control and visibility over file transfers while benefiting from reduced latency and enhanced security.