Atlassian announces new products and updates across the portfolio at Team’21

Rhea-AI Summary

Atlassian Corporation Plc (NASDAQ: TEAM) announced significant innovations at its Team'21 event aimed at enhancing team collaboration and productivity. Key highlights include the launch of Point A, a program fostering customer collaboration in product development, and Jira Work Management, catering to non-technical teams. This expansion enables seamless project management across various departments. Notably, Atlassian emphasizes its commitment to modern enterprise needs, allowing teams to unlock the full potential of their collaboration tools for improved operational efficiency.

Positive

• Launch of Point A program for collaborative product development.
• Introduction of Jira Work Management, enabling non-technical teams to manage projects effectively.
• Expansion of Jira products across different organizational teams enhances collaboration and efficiency.
• Increased customer engagement in product development through real-time feedback.

Negative

• None.

Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today unveiled new innovations to connect the work happening across all parts of an organization and enable all teams to unleash their full potential.

The major announcements made at its premier customer event, Team'21, include Point A, an Atlassian program to create new products in collaboration with customers; and Jira Work Management, a new product that brings the power of Jira to non-technical teams.

Mike Cannon-Brookes, co-founder and co-CEO of Atlassian, says:

“This is one of our biggest set of product announcements in the history of Atlassian. Point A is a game-changer for us. It means we can deliver world-class innovation at a fast pace with our customers, on cloud.”

“We are building products to truly empower the modern enterprise. Our expansion into business teams with Jira Work Management means every team across an organization can now unlock the power of Jira.”

Introducing Point A, where great ideas become amazing products

Point A is a new program that brings customers into close collaboration with Atlassian product development teams, to build products that will power the future of teamwork. Point A leverages Atlassian’s investment in its cloud platform to deliver cross-product capabilities – such as unified search and common user interfaces – and speeds up the process of new product development.

From an alpha release to general availability, each Point A product evolves with customer feedback, so that the end result meets the needs of customers by solving their most pressing work challenges. By internally fast-tracking the most promising ideas and vetting early versions with users, customers get value out from Atlassian’s Point A products from day one.

Here are the five new products from the Point A program:

• Jira Work Management enables business teams to move work forward by being the one place where they track, coordinate, and manage their work with structure and consistency. With new functionality built for the unique needs of non-technical users, Jira Work Management enables teams such as marketing, HR, finance, and design to manage their projects and connect with their technical counterparts. With Jira as the backbone, work flows seamlessly across the organization. Jira Work Management is generally available today, and more information is available in the announcement blog.
• Jira Product Discovery is the new product management tool for agile teams. It helps product managers build what matters by serving as the place to capture insights and opportunities, prioritize impact, and engage teams around product plans – from discovery through delivery. Jira Product Discovery is available as an early access alpha release today.
• Team Central serves as an organization’s connective tissue, helping teams connect and communicate progress as frequently and frictionlessly as modern work demands. It enables teams to create an organized home where they can track goals and share status updates. Team Central also provides a methodology that fosters a culture of openness, which enables teams to make more rapid progress against their goals. Team Central is available as a beta release today.
• Compass gives software development teams a bird’s eye view of the digital services across their organization, connecting engineering output with the teams that support it in a single, trusted place. Through Compass, development teams can manage the sprawl resulting from distributed architectures, improve their processes, and adopt better ways of working together. Compass will be available as an early access alpha release this week.
• Halp, a recently acquired product, is a modern ticketing help desk that seamlessly integrates with Slack and Microsoft teams, making request management conversational and delightful for everyone throughout an organization. It fits naturally with faster, more informal styles of managing internal requests, adding just the right amount of process to keep teams in sync and work flowing. Halp is generally available today.

Expanding Jira to all teams

For nearly two decades, Atlassian has enabled millions of developer and IT teams to work together with agility, helping them put spacecraft into orbit and deliver COVID vaccines. Jira Software became the #1 software development tool used by agile teams. Jira Service Management modernized how IT and operations teams work. Over 100,000 organizations in nearly every country around the world trust Jira products today.

As companies sprint toward digital transformation, they’re recognizing that IT needs to collaborate effectively with every department in order for the organization to operate at high velocity. At the same time, business teams and technical teams are working more closely together than ever before. The agile practices that drive transformation among technical teams now flow through to business teams, highlighting the need to keep everyone in lock-step.

With Jira Software, Jira Service Management, and the introduction of Jira Work Management today, Atlassian offers three Jira products that solve the needs of teams across the organization. This enables autonomy and transparency for individual teams, while at the same time powering tight alignment across projects and people in the organization with Jira as a backbone. Read more about Atlassian’s vision for the Jira family here.

Here are additional important updates for Jira Software and Jira Service Management announced at Team’21:

• Open DevOps is a development experience built on Jira that makes a diverse development toolchain feel like an all-in-one. Software development teams need the best tools and technology to do their jobs well, and for many teams that means using tools from different vendors that aren’t well connected. Rather than taking on the complexity of integrating their favorite tools, development teams should focus on shipping value to their customers. The new pre-configured Jira project called “Open DevOps” combines Atlassian products and leading partner offerings, such as GitHub and GitLab. The tools in Open DevOps are automatically connected and ready to help customers take their idea from backlog to operational code.
• On April 19, Atlassian further boosted Jira Service Management with the acquisition of ThinkTilt, maker of ProForma, a no-code/low code form builder for Jira with 700+ customers worldwide. ThinkTilt lets IT teams create dynamic cascading forms within Jira that help them quickly spin up great service experiences for any team, delivering value fast.
• Jira Service Management is introducing a number of new features, including an embedded knowledge base, powered by Confluence, more portal customization options, and the ability to democratize service management by delegating administration permissions. All of these updates are designed to help IT power service management across an enterprise and enable every team to operate at high velocity.

Atlassian Team'21

Team'21 is the ultimate digital experience for developers, creators, and innovators of every industry. Presentations from Atlassian co-founders and co-CEOs, Atlassian customers, and industry partners are available on the event website here.

About Atlassian

Atlassian unleashes the potential of every team. Our team collaboration and productivity software help teams organize, discuss, and complete shared work. Teams at more than 194,000 customers, across large and small organizations - including Bank of America, Redfin, NASA, Verizon, and Dropbox - use Atlassian’s project tracking, content creation, and sharing, and service management products to work better together and deliver quality results on time. Learn more about our products, including Jira Software, Confluence, Jira Service Management, Trello, Bitbucket, and Jira Align at https://atlassian.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005737/en/

FAQ

What are the key announcements made by Atlassian at Team'21 for stock symbol TEAM?

Atlassian introduced Point A for collaborative product development and Jira Work Management for non-technical teams.

How does Point A innovate product development for Atlassian (TEAM)?

Point A allows customers to collaborate closely with Atlassian’s development teams, ensuring products meet end-user needs.

What is Jira Work Management and how does it benefit non-technical teams?

Jira Work Management enables marketing, HR, and finance teams to manage projects effectively, enhancing collaboration with technical counterparts.

How does Atlassian’s recent innovation impact its stock (TEAM)?

These innovations aim to enhance productivity and collaboration, potentially driving higher adoption of Atlassian's software, which can positively influence its stock performance.