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On August 23, 2024
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GitLab Recognized as a Leader in Inaugural 2024 Gartner® Magic Quadrant™ for AI Code Assistants
GitLab's comprehensive DevSecOps platform helps organizations develop secure software faster with AI embedded throughout the software development lifecycle SAN FRANCISCO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- All Remote -- GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced it was named a Leader in the first-ever 2024 Gartner Magic Quadrant for AI Code Assistants. The Magic Quadrant, which evaluated 12 vendors, recognized GitLab as a Leader based on "Completeness of Vision" and "Ability to Execute." According to Gartner, "Leaders in the Magic Quadrant for AI Code Assistants excel in delivering comprehensive AI-powered capabilities that are most likely to improve developer productivity, code quality and security across the SDLC. They demonstrate a deep understanding of market needs and continuously innovate by integrating advanced AI models and expanding their feature sets to stay ahead of industry trends. These vendors also excel in building robust ecosystems through seamless integration with third-party development tools, and maintaining strong security and compliance measures to protect against vulnerabilities and intellectual property risks. Additionally, their geographically diversified operations enable them to serve a wide range of clients across various sectors, ensuring broad accessibility and support." For more information, access the first Gartner Magic Quadrant for AI Code Assistants here. Supporting Quote: Source: Gartner, Magic Quadrant for AI Code Assistants, Arun Batchu, Haritha Khandabattu, Philip Walsh, Matt Brasier, August 2024. Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's 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, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. About GitLab GitLab is the most comprehensive AI-powered DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 30 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster.
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GitLab Recognized as a Leader in Inaugural 2024 Gartner ® Magic Quadrant™ for AI Code Assistants By Investing.com
SAN FRANCISCO, Aug. 22, 2024 (GLOBE NEWSWIRE) -- All Remote -- GitLab Inc., ""the most comprehensive AI-powered DevSecOps platform, today announced it was named a Leader in the first-ever 2024 Gartner (NYSE:IT) Magic Quadrant for AI Code Assistants1. The Magic Quadrant, which evaluated 12 vendors, recognized GitLab (NASDAQ:GTLB) as a Leader based on "Completeness of Vision" and "Ability (OTC:ABILF) to Execute." According to Gartner, Leaders in the Magic Quadrant for AI Code Assistants excel in delivering comprehensive AI-powered capabilities that are most likely to improve developer productivity, code quality and security across the SDLC. They demonstrate a deep understanding of market needs and continuously innovate by integrating advanced AI models and expanding their feature sets to stay ahead of industry trends. These vendors also excel in building robust ecosystems through seamless integration with third-party development tools, and maintaining strong security and compliance measures to protect against vulnerabilities and intellectual property risks. Additionally, their geographically diversified operations enable them to serve a wide range of clients across various sectors, ensuring broad accessibility and support. For more information, access the first Gartner Magic Quadrant for AI Code Assistants here. Supporting Quote: 1Source: Gartner, Magic Quadrant for AI Code Assistants, Arun Batchu, Haritha Khandabattu, Philip Walsh, Matt Brasier, August 2024. Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's 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, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. About GitLab GitLab is the most comprehensive AI-powered DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 30 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster.
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GitLab Inc., a leading DevSecOps platform, has been named a Leader in the first-ever Gartner Magic Quadrant for AI Code Assistants. This recognition highlights GitLab's innovative AI-powered coding solutions and their impact on software development efficiency.
GitLab Inc., a prominent player in the DevSecOps platform market, has achieved a significant milestone by being recognized as a Leader in the inaugural 2024 Gartner Magic Quadrant for AI Code Assistants 1. This recognition underscores GitLab's commitment to innovation and its ability to deliver cutting-edge AI-powered solutions for software development.
Gartner's Magic Quadrant is a highly respected industry benchmark that evaluates technology providers based on their completeness of vision and ability to execute. Being positioned as a Leader in this quadrant is a testament to GitLab's strong market presence and forward-thinking approach to AI-assisted coding 2.
GitLab's AI-assisted code suggestions and code completion capabilities have played a crucial role in this recognition. These features are designed to enhance developer productivity and code quality by providing intelligent assistance throughout the coding process 1.
The integration of AI code assistants in GitLab's platform has shown significant improvements in software development efficiency. By leveraging these AI-powered tools, developers can reduce the time spent on repetitive coding tasks and focus more on complex problem-solving and innovation 2.
GitLab's positioning as a Leader also reflects its broader vision for integrating AI across the entire DevSecOps lifecycle. The company aims to provide a comprehensive platform that not only assists in coding but also enhances other aspects of software development, including testing, security, and deployment 1.
This recognition by Gartner is likely to strengthen GitLab's position in the competitive DevSecOps market. As AI continues to play an increasingly important role in software development, GitLab's leadership in this area could lead to increased adoption of its platform by organizations seeking to leverage AI-powered coding assistance 2.
GitLab's Q2 earnings exceed expectations with 31% revenue growth. The company raises its full-year outlook, citing increased demand for AI-driven solutions.
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GitLab's stock price soared following impressive second-quarter results and an optimistic forecast. The company's performance exceeded expectations, driving investor confidence and market enthusiasm.
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GitLab, a Google-backed software development platform, is reportedly exploring a potential sale. The company has hired advisers to field interest from potential buyers, including tech companies and private equity firms.
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Several law firms have announced class action lawsuits against GitLab Inc., alleging violations of federal securities laws. The lawsuits stem from GitLab's reported financial results and guidance, which allegedly contained material misrepresentations and omissions.
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UiPath, a leading enterprise automation software company, has been positioned as a Leader in the 2024 Gartner Magic Quadrant for Robotic Process Automation. This marks the company's sixth consecutive year in the Leaders quadrant.
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