Welcome to our dedicated page for Progress Soft news (Ticker: PRGS), a resource for investors and traders seeking the latest updates and insights on Progress Soft stock.
Progress Software Corp. (PRGS) provides AI-powered digital experience and infrastructure software used to develop, deploy and manage applications, content, data movement and network operations. Its product portfolio spans Sitefinity, ShareFile, MOVEit, OpenEdge, Chef, Kemp LoadMaster, MarkLogic, DataDirect, Corticon, Flowmon and WhatsUp Gold, covering areas such as content management, document collaboration, managed file transfer, DevOps automation, application development, data connectivity and network security.
Company news commonly covers quarterly financial results, product releases, AI capabilities, security and compliance features, and global workforce operations. Recent recurring themes include Sitefinity Generative CMS, ShareFile document workflows, expansion of engineering and customer operations in India, corporate social responsibility reporting and STEM scholarship initiatives.
Progress (NASDAQ: PRGS) has strengthened its collaboration with Microsoft, integrating Microsoft Azure services into the Progress Sitefinity digital experience management platform. This expansion positions Sitefinity as a full Platform-as-a-Service (PaaS) on Azure, enhancing developer productivity and streamlining digital experience implementations. The integration includes key Azure features that facilitate efficient management and deployment of digital services. Customers have reported going live on the platform in as little as ten business days and experiencing up to 66% faster page load times.
Progress Software (NASDAQ: PRGS) has launched OpenEdge 12.2, enhancing application development capabilities with a focus on cloud-first, business continuity, and security. This update introduces features such as immediate auto recovery, improved performance monitoring, and the potential for up to 200% increase in data throughput compared to earlier versions. Security improvements include OpenSSL library upgrades and enhanced user permissions. Progress also offers a Long-Term Support (LTS) release for operational stability, ensuring customers can modernize without disrupting user experience.
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