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MarketBeat
MarketBeat
Jea Yu

Progress Software: Making Progress Driven by the AI Revolution

Progress Progress Software MarketBeat

Progress Software Co. (NASDAQ: PRGS) offers artificial intelligence (AI)-powered infrastructure and business application development platforms. Its services enable businesses to better manage and leverage their data with AI-powered tools.

The company has been integrating its $875 million acquisition of ShareFile, an AI-powered workflow automation and document collaboration platform. The computer and technology sector leader may finally be reversing course, bouncing off nine-month lows as momentum accelerates, driven by the AI boom and tactical acquisitions.

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