SpringBoot is an open-source Java-based framework that automates the configuration procedures to quickly set up an application and speed up the process of building and deploying SpringBoot applications using an embedded server like Tomcat. It provides prerequisites like Maven, Gradle, Java, IDEs, an understanding of HTTP methods and Spring MVC to create production-ready applications. SkillPractical offers Spring learning paths, competitive tests in areas like Spring Rest, SpringBoot, and Rest APIs, and a community to post questions and get answers from experts.