Freshworks Named a Strong Performer in Enterprise Service Management Report by Independent Research Firm

Rhea-AI Summary

Freshworks (NASDAQ: FRSH) has been recognized as a Strong Performer in The Forrester Wave™: Enterprise Service Management, Q4 2021. The report highlights Freshworks' release of significant new features in Freshservice, including AI-enhanced alerting and on-call scheduling. The company focuses on making its tools easy to adopt, with a flexible commercial model and a free trial option, especially catering to small and midsize organizations. Additionally, Freshservice's ESM capabilities improve service delivery predictability, evidenced by customer success stories like African Bank's implementation.

Positive

• Named a Strong Performer in The Forrester Wave™: Enterprise Service Management, Q4 2021.
• Released significant new functionalities in Freshservice, enhancing operational efficiency.
• Customer success with Freshservice noted, showcasing rapid deployment and usage in organizations.

Negative

• None.

SAN MATEO, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, has been named a Strong Performer in The Forrester Wave™: Enterprise Service Management, Q4 2021.¹ The report notes that Freshworks has released “significant new functionality” within Freshservice® including right-sized unified incident response management with AI-enhanced alerting and on-call scheduling.

"Freshworks strives to make its Freshservice easy to adopt. It offers a free trial and a flexible commercial model to encourage customers to pursue ESM at their own pace,” states the authors of The Forrester Wave report. “Freshworks is a good fit for small and midsize organizations looking to build or mature an ITSM or ESM practice, given its rapid time-to-value.”

Freshservice ESM capabilities help enhance the predictability of service delivery across business departments. “Reference customers found quick acceleration from trialing the tool to leveraging it for all its features, with little outside assistance,” states the Forrester report.

African Bank uses Freshservice to automate and manage applications and processes throughout their organization. Frans Germishuizen, senior release manager at African Bank said, “Freshservice changed our perspective that the product was exclusive for IT, and we are now implementing automation across the business. We will soon be implementing Freshservice with our HR systems to make it easier to onboard and offboard employees. Today, we are onboarding more and more business units, and the nice thing is, the business is chasing us, we're not having to go out to motivate people to put their processes on Freshservice.”

“Freshworks has invested significantly into making the tool easy to leverage. Its biggest strengths include its ecosystem, allowing customers to rapidly fill capability gaps in their organization. With more than 2,000 listings, the Freshservice marketplace is among the largest.”

Prakash Ramamurthy, chief product officer at Freshworks said, “We believe this recognition reiterates our ability to transform the industry’s view that enterprise-grade IT and enterprise service management software is only available to the world’s largest companies. Freshworks makes ESM modern, easy and accessible for any size of business to improve their operational performance, services, outcomes, and experiences. We are thrilled about Forrester’s acknowledgment and will continue to invest and innovate to ensure our customers win in today’s digital economy.”

A complimentary copy of the Forrester Wave report is available here.

About Freshworks
Freshworks makes it fast and easy for businesses to delight their customers and employees. We do this by taking a fresh approach to building and delivering software that is affordable, quick to implement, and designed for the end user. Headquartered in San Mateo, California, Freshworks has a dedicated team operating from 13 global offices to serve 50,000+ customers including Bridgestone, Chargebee, DeliveryHero, ITV, Klarna, Multichoice, OfficeMax, TaylorMade and Vice Media. For more information visit www.freshworks.com.

© 2021 Freshworks Inc. All rights reserved. Freshworks, Freshservice, and the associated logos are trademarks or registered trademarks of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Media Contact:
Jayne Gonzalez
pr@freshworks.com

¹ The Forrester Wave™: Enterprise Service Management, Q4 2021, Will McKeon-White, Charles Betz with Matthew Fernandes, Marissa Fritz, Lauren Nelson, [Dec. 6, 2022]

FAQ

What recognition did Freshworks receive in December 2021?

Freshworks was named a Strong Performer in The Forrester Wave™: Enterprise Service Management, Q4 2021.

What features were highlighted in Freshservice by Forrester?

The report noted significant functionalities, including AI-enhanced alerting and on-call scheduling in Freshservice.

How does Freshworks support small and midsize businesses?

Freshworks offers a free trial and flexible commercial models for easier adoption of its tools.

What impact has Freshservice had on African Bank?

African Bank reported transformation through automation in various processes, including HR systems with Freshservice.

What is the main focus of Freshworks' products?

Freshworks aims to make enterprise service management software accessible and easy to use for all business sizes.