this detection method is for detecting this new version of the SW?
Yes, detection methods are used by Configuration Manager to detect if new application is present on the system after the installer completed successfully.
For the version, we recommend to select the application of new version by clicking "Browse", and then click the second option. SCCM can automatically read the application of new version into the Value column. We may better use the new version automatically read by SCCM here. Like below screenshot:
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