I guess... but it's advertising to large teams, it seems java-oriented (so if I wanted that sort of thing, I could use Clojure), it's pushing an IDE, and it's from Red Hat, a company that has given us such marvellous technologies as networkmanager, rpm, dbus, systemtap, and systemd - so while not an awful track record, not exactly picking all winners either.
All in all, kind of neat, but that is just way too many red flags for me to say I'm bursting with anticipation to use it.