Progress has been recognized in the 2025 Gartner Magic Quadrant for Digital Experience Platforms for its innovative, scalable solutions.
Quiver AI Summary
Progress, a provider of AI-powered digital experiences and infrastructure software, announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms, marking the fourth consecutive year it has received this honor. The evaluation highlighted Progress for its ability to execute and completeness of vision, emphasizing its commitment to providing modern, scalable, and user-friendly solutions that enhance digital experiences across websites, portals, and applications. Progress' Digital Experience portfolio includes the Sitefinity platform, which offers tools for personalized experiences and is equipped with innovative features like native support for the Next.js framework and generative AI-powered workflows. These advancements aim to help organizations improve customer acquisition and retention while managing digital marketing efficiently.
Potential Positives
- Progress has been recognized in the 2025 Gartner Magic Quadrant for Digital Experience Platforms for the fourth consecutive time, highlighting its ongoing leadership in the digital experience space.
- The company has demonstrated significant advancements in its Digital Experience portfolio, such as native support for Next.js and AI-driven workflows, which enhance its product offerings and appeal to a broader developer audience.
- Sitefinity Insight has been recognized by the Customer Data Platform Institute as one of the strongest customer data platforms, further solidifying Progress' reputation in customer data management.
Potential Negatives
- The press release does not provide any quantitative data or specific metrics to substantiate claims of success or effectiveness, which may weaken the perceived credibility of the company’s achievements.
- While recognized in the Magic Quadrant, the release does not specify the ranking or positioning relative to other vendors, leaving doubt about its competitive standing in the market.
- Gartner's disclaimer emphasizes that their recognition does not endorse any vendor, which may dilute the impact of the accolade for some potential customers.
FAQ
What is the Gartner Magic Quadrant recognition for Progress?
Progress was recognized in the 2025 Gartner Magic Quadrant for Digital Experience Platforms for its completeness of vision and ability to execute.
How many times has Progress been recognized in the Magic Quadrant?
This is the fourth consecutive time that Progress has been recognized in the Gartner Magic Quadrant.
What is the primary focus of Progress' Digital Experience portfolio?
The Digital Experience portfolio focuses on enabling organizations to build and deliver robust AI-powered digital experiences effectively.
What innovations has Progress introduced in its Sitefinity platform?
Recent innovations include native support for Next.js, generative AI-powered workflows, and advanced AI-driven journey mapping capabilities.
How does Progress support customer data management?
Progress' Sitefinity Insight platform is recognized as a leading customer data platform, enhancing content management and web applications.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PRGS Insider Trading Activity
$PRGS insiders have traded $PRGS stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $PRGS stock by insiders over the last 6 months:
- ANTHONY FOLGER (Chief Financial Officer) has made 0 purchases and 5 sales selling 22,797 shares for an estimated $1,369,976.
- LOREN JARRETT (EVP/GM Digital Experience) has made 0 purchases and 3 sales selling 11,740 shares for an estimated $666,789.
- YOGESH K GUPTA (Chief Executive Officer) sold 8,028 shares for an estimated $537,916
- DOMENIC LOCOCO (Chief Accounting Officer) has made 0 purchases and 4 sales selling 7,086 shares for an estimated $445,865.
- IAN PITT (Chief Information Officer) has made 0 purchases and 2 sales selling 3,229 shares for an estimated $197,558.
- YUFAN STEPHANIE WANG (Chief Legal Officer) sold 1,428 shares for an estimated $93,177
- SUNDAR SUBRAMANIAN (EVP/GM Infrastructure Mgmt) sold 649 shares for an estimated $41,548
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PRGS Hedge Fund Activity
We have seen 146 institutional investors add shares of $PRGS stock to their portfolio, and 142 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. added 1,140,626 shares (+45918.9%) to their portfolio in Q4 2024, for an estimated $74,311,783
- LEUTHOLD GROUP, LLC removed 409,752 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $26,695,342
- BNP PARIBAS FINANCIAL MARKETS added 260,008 shares (+722.4%) to their portfolio in Q3 2024, for an estimated $17,516,738
- NOMURA HOLDINGS INC added 259,240 shares (+36.6%) to their portfolio in Q3 2024, for an estimated $17,464,998
- GOLDMAN SACHS GROUP INC added 256,481 shares (+222.1%) to their portfolio in Q3 2024, for an estimated $17,279,124
- SEGALL BRYANT & HAMILL, LLC added 251,125 shares (+74.2%) to their portfolio in Q3 2024, for an estimated $16,918,291
- MILLENNIUM MANAGEMENT LLC removed 225,161 shares (-94.9%) from their portfolio in Q3 2024, for an estimated $15,169,096
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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 Magic Quadrant underscores our commitment to empowering organizations with modern, scalable and user-friendly solutions for solving both AI-powered digital experience and portal scenarios,” said Loren Jarrett, EVP & GM of Digital Experience at Progress. “We continue to focus on providing our customers with the best solutions to deliver compelling digital experiences with the flexibility and security they need to thrive in today’s competitive environment.”
View a complimentary copy of the Magic Quadrant report to learn more about Progress’ strengths here .
Progress’ Digital Experience (DX) portfolio enables organizations to rapidly build and deliver robust AI-powered digital experiences across websites, portals and applications. Designed to drive customer acquisition and retention, it provides innovative solutions that balance scalability with intuitive experiences for both practitioners and end users. By empowering teams to efficiently manage digital marketing and secure portal experiences, Progress is a preferred choice for mid-size organizations who are looking for a user-friendly alternative to larger, more complex platforms. A key component of this portfolio is Progress ® Sitefinity ® platform, which equips marketers with intuitive tools to create personalized digital experiences while making it easy for technical teams to build and manage these experiences.
Advancing Through Innovation
Progress has delivered significant innovations in the platform that enhance AI capabilities, strengthen security and streamline infrastructure management. Recent advancements include:
- Native Support for Next.js : Introducing support for Next.js, a leading React framework, enabling organizations to build modern, high-performance digital experiences that cater to developers' needs.
- Generative AI-Powered Workflows : Sitefinity’s Integration Hub and Azure OpenAI services now enable organizations to integrate generative AI directly into content editor UIs, allowing marketers to optimize content creation with AI-powered tools.
- Advanced AI-Driven Journey Mapping : Enhancements such as AI-powered conversion propensity scoring, content classification and improved customer data modeling deliver higher ROI and greater productivity for marketing teams.
- Certified CDP Excellence : Sitefinity Insight has been recognized by the Customer Data Platform Institute as one of the strongest customer data platforms (CDPs) for content management and web applications, cementing its leadership in customer data management.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications and does not advise technology users to select only those vendors with the highest ratings or designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and /or its affiliates and are used herein with permission. All rights reserved.
About Progress
Progress
(Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at
www.progress.com
.
Progress, Sitefinity and Sitefinity Insight are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners.
Press Contacts:
Kim Baker
Progress
+1-800-477-6473
[email protected]
¹ Gartner, Magic Quadrant for Digital Experience Platforms, John Field, Irina Guseva, Varsha Mehta, Mike Lowndes, 28 January 2025
