STOCK TITAN

Atlassian Named a Visionary in the 2021 Gartner® Magic Quadrant™ for IT Service Management Tools

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Atlassian Corporation Plc (NASDAQ: TEAM) has been named a Visionary in the 2021 Gartner Magic Quadrant for IT Service Management Tools. Its Jira Service Management has seen rapid growth, becoming the fastest-growing ITSM product. The company emphasizes the convergence of development, operations, and business teams to enhance digital service experiences. With over 35,000 customers, Atlassian aims to enable high-velocity operations through its innovative ITSM solutions, focusing on automation and cost-effective functionality.

Positive
  • Recognition as a Visionary in the 2021 Gartner Magic Quadrant for ITSM tools.
  • Jira Service Management is the fastest-growing ITSM product by new customer count.
  • Strong customer base with over 35,000 ITSM customers.
  • Significant investments in innovative capabilities through recent acquisitions.
Negative
  • None.

Over 35,000 customers rely on Jira Service Management for modern, high-velocity ITSM

TEAM, Anywhere/SAN FRANCISCO--(BUSINESS WIRE)-- Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, has been named a Visionary in the 2021 Gartner® Magic Quadrant for IT Service Management Tools. Its Jira Service Management solution focuses on the convergence of digital experiences for development, operational and business teams, catapulting it to the fastest-growing ITSM product by new customer count in 2020. This comes on the heels of Gartner recognizing Atlassian in the March 2021 Gartner Peer Insights Customers’ Choice for IT Service Management Tools.

As companies sprint to digitally transform, they are recognizing that every team has to operate with the same urgency and speed. Their teams must come together to respond to business changes and deliver great digital service experiences fast - or they run the risk of going out of business. With Jira Service Management, only Atlassian connects development, IT operations, and business teams, allowing them to operate at high velocity and deliver the exceptional service experiences their customers and employees demand. The recent Gartner Magic Quadrant report states, “In response to digital disruption, ITSM tools are beginning to address integration requirements with the DevOps toolchain and support for agile workflows across ITSM processes.”1 Atlassian’s differentiated approach to ITSM centers around DevOps and agile service delivery.

“We believe Infrastructure and Operations (I&O) leaders have an exciting role to play in reimagining ITSM processes, practices, and tools to fast-track their digital transformation initiatives. At Atlassian, we’re excited to be joining forces with over 35,000 of our ITSM customers who are at the forefront of crafting a fresh, new approach to service management–one that is designed for a digital, remote-first world. This recognition by Gartner is further validation of Atlassian breaking new ground and charting the future of service delivery,” said Cameron Deatsch, Chief Revenue Officer at Atlassian.

Atlassian’s vision for ITSM and its investments are influenced by three major beliefs:

  1. Dev + IT + Business teams must converge – As DevOps philosophies and practices gain momentum, ITSM and the way it fits into the entire software service delivery lifecycle needs a reboot. Atlassian is investing in Jira Service Management that connects development, IT operations, and business teams, so work flows seamlessly from concept to design, and on to building, launching, operating, and supporting great product and service experiences.
  2. Team autonomy, with coordination, is paramount – Remote work, distributed architectures, and an uptick in agile methods and new ways of working is stressing the seams of the old, central command-and-control approach to I&O. Atlassian’s innovative ITSM solution provides teams within enterprises with the flexibility and simplicity required to run fast and operate with autonomy, while still allowing for common terminology, experiences, and administrative controls, necessary for coordinated work.
  3. Right-sized, cost-effective functionality is crucial – ITSM cost-complexity fatigue and frustration is at an all-time high. Atlassian is committed to being the solution of choice for enterprises looking for a fresh approach to ITSM - one that focuses on delivering the right set of capabilities its customers actually need, in a transparent, cost-effective way.

The company continues to make significant investments in innovative capabilities mission-critical to delivering service management at scale and enabling every team to operate at high velocity. This includes recent acquisitions such as Code Barrel (no-code automation), Halp (conversational ticketing within Slack and Microsoft Teams), Mindville Insight (asset and configuration management), Chart.io (visualization and analytics), and ThinkTilt ProForma (low-code/no-code form builder with 300+ templates).

A complimentary download of the complete 2021 Magic Quadrant for IT Service Management Tools is available here.

1Gartner, Inc. “Magic Quadrant for IT Service Management Tools,” Rich Doheny, Keith Andes, Chris Matchett, 30 August 2021.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Atlassian

Atlassian unleashes the potential of every team. Our team collaboration and productivity software helps teams organize, discuss, and complete shared work. Teams at more than 200,000 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/.

Media Contact

Arseny Tseytlin

press@atlassian.com

Investor Relations Contact

Martin Lam

IR@atlassian.com

Source: Atlassian Corporation Plc

FAQ

What recognition did Atlassian receive in 2021?

Atlassian was named a Visionary in the 2021 Gartner Magic Quadrant for IT Service Management Tools.

How many customers use Jira Service Management?

Over 35,000 customers rely on Jira Service Management.

What is Atlassian's focus for its ITSM solutions?

Atlassian focuses on the convergence of development, IT operations, and business teams to improve digital service delivery.

What is the significance of the Gartner Magic Quadrant for Atlassian?

Being named in the Gartner Magic Quadrant validates Atlassian's innovative approach to ITSM and its growing market presence.

What investments has Atlassian made recently?

Atlassian has made significant investments through acquisitions, including Code Barrel and Halp, to enhance its ITSM capabilities.

Atlassian Corporation

NASDAQ:TEAM

TEAM Rankings

TEAM Latest News

TEAM Stock Data

69.08B
256.24M
0.3%
90.89%
1.14%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO