Summary
Progress Software Corp (PRGS, Financial), a leading provider of AI-powered digital experience and infrastructure software, announced on April 1, 2025, that its MOVEit managed file transfer (MFT) software has been honored with a 2025 Best Software Award from G2. MOVEit was recognized in the Best IT Infrastructure Products category, standing out among 6,562 products and being one of only 13 to retain its position from the previous year. This accolade underscores MOVEit's continued excellence in secure and efficient file transfer solutions.
Positive Aspects
- MOVEit software has been recognized for three consecutive years in the Best IT Infrastructure Products category by G2.
- It is a 20-time leader in G2's quarterly MFT report since spring 2020.
- Trusted by enterprises worldwide, especially in highly regulated industries like banking, healthcare, and government.
- Offers advanced security features, including compliance with ISO 27001, SOC 2 Type 2, and other standards.
Negative Aspects
- The press release does not mention any specific challenges or areas for improvement for MOVEit software.
- Limited information on how the software compares to emerging competitors in the MFT space.
Financial Analyst Perspective
From a financial analyst's viewpoint, the consistent recognition of MOVEit software by G2 enhances Progress Software Corp's market credibility and could positively impact its financial performance. The trust and reliability associated with MOVEit in critical industries may lead to increased adoption and revenue growth. However, the company should continue to innovate to maintain its competitive edge and address any potential market shifts.
Market Research Analyst Perspective
As a market research analyst, the recognition of MOVEit software highlights Progress Software Corp's strong positioning in the IT infrastructure sector. The software's ability to meet stringent security and compliance requirements makes it a preferred choice for enterprises in regulated industries. The ongoing accolades suggest a robust market presence and customer satisfaction, which are crucial for sustaining long-term growth and market share.
FAQ
Q: What award did MOVEit software receive?
A: MOVEit software received a 2025 Best Software Award from G2 in the Best IT Infrastructure Products category.
Q: How many times has MOVEit been recognized in G2's quarterly MFT report?
A: MOVEit has been recognized 20 times in G2's quarterly MFT report since spring 2020.
Q: What industries primarily use MOVEit software?
A: MOVEit software is primarily used in highly regulated industries such as banking, healthcare, insurance, and government.
Read the original press release here.
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