Progress Software Unveils OpenEdge MCP Connector with GenAI for Accelerated ABL Development and Modernization

Progress Software Corporation (NASDAQ:PRGS) is one of the most undervalued technology stocks to buy according to analysts. On September 29, Progress Software announced the early customer review and testing of the Progress OpenEdge MCP Connector for Advanced Business Language/ABL.

The purpose-built integration is designed to accelerate development and modernization for users of the Progress OpenEdge platform by empowering them with intelligent automation, domain-specific coding assistance, and guided modernization.

Progress Software Unveils OpenEdge MCP Connector with GenAI for Accelerated ABL Development and Modernization

The core of the MCP Connector is its combination of GenAI and Retrieval-Augmented Generation/RAG. The connector delivers precise coding guidance, refactoring support, and documentation generation aligned with OpenEdge standards.

Progress Software Corporation (NASDAQ:PRGS) develops, deploys, and manages AI powered applications and digital experiences in the US and internationally.

While we acknowledge the potential of PRGS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PRGS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.