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WalkMe Ltd. (NASDAQ: WKME) is a leading enterprise-class digital adoption platform that helps organizations realize the full potential of their software investments. Founded in Tel Aviv, Israel, WalkMe provides a cloud-based platform that offers a GPS-like experience for navigating websites, SaaS applications, and mobile apps. The platform delivers step-by-step interactive guidance through a series of on-screen tip balloons, enabling users to complete tasks efficiently without the guesswork typically associated with software usage.
WalkMe’s primary focus is on enhancing productivity, reducing costs, and ensuring software is adopted effectively across organizations. The company's AI-driven platform sits atop an organization's tech stack, identifying friction points and providing personalized guidance and automation to streamline workflows.
WalkMe’s clientele includes global giants like IBM, Nestle, ThermoFisher Scientific, and the U.S. Department of Defense. These organizations trust WalkMe to improve user experiences and maximize the return on their software investments.
Recent milestones underline WalkMe’s commitment to innovation and leadership in the digital adoption space. For instance, the company recently filed its annual report for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission. Additionally, WalkMe has been recognized by industry analysts, including being named a leader in the IDC MarketScape Worldwide Digital Adoption Platforms 2024 report, and winning multiple industry awards.
WalkMe is set to host its annual Realize conference on June 18, 2024. This event will spotlight the company's latest advancements in AI-driven digital adoption and its new generative AI offering, which aims to shape the future of work.
Financially, WalkMe has shown robust growth. In the first quarter of 2024, the company reported record high free cash flow and achieved the high end of its revenue guidance. Strategic partnerships with industry leaders like Cognizant and UST further bolster WalkMe’s position, enhancing its capabilities to assist organizations in navigating digital transformations.
In a significant development, WalkMe and SAP SE have entered into an agreement for SAP to acquire WalkMe for approximately $1.5 billion, a move that promises to expand WalkMe’s market reach and enhance its product offerings.
For more information, visit the Investor Relations site or the WalkMe website.
WalkMe Ltd. (NASDAQ: WKME) has appointed Scott Little as Chief Revenue Officer (CRO) to lead its go-to-market strategies, aiming to capture the $34B digital adoption market. Little's extensive experience includes prior roles at Software AG, Oracle, and IBM. His leadership at Software AG transformed its portfolio towards SaaS profitability. CEO Dan Adika emphasized Little's ability to enhance WalkMe's sales and operational efficiency to leverage market opportunities for digital adoption platforms.
WalkMe Ltd. (NASDAQ: WKME) will release its Q2 2022 financial results before U.S. markets open on August 11, 2022. A conference call and webcast will follow at 5:00 a.m. PT (8:00 a.m. ET) to discuss the company's financial performance and business updates. Investors can join via dial-in or the webcast link provided. A recorded version will be available on WalkMe's investor relations site afterward. WalkMe offers a cloud-based Digital Adoption Platform, enhancing digital transformation and maximizing software investment returns for enterprises.
WalkMe Ltd. (NASDAQ:WKME) announces participation in the Jefferies Software Conference on June 1, 2022, at 10:30 am PT (1:30 pm ET). The event will be webcast live via the investor relations section of WalkMe’s website at ir.walkme.com. A replay will be accessible after the event.
WalkMe provides a cloud-based Digital Adoption Platform that helps organizations accelerate digital transformations, enhance user experience, and improve productivity.
WalkMe Ltd. (NASDAQ: WKME) has been recognized in Forrester's first market scan of Digital Adoption Platforms (DAP) in its Q2 2022 report. The DAP market experienced a significant increase in venture capital funding, jumping from $76 million in 2020 to $470 million in 2021. WalkMe was categorized as a late-stage vendor with robust product capabilities, having served around 2,000 customers globally, including 80% of Fortune 10 companies. The company holds 10 technology patents and has earned over 40 industry awards, highlighting its leadership in the digital transformation space.
WalkMe (NASDAQ: WKME) has announced a strategic partnership with Celonis to enhance digital transformation for joint customers. This collaboration aims to identify and rectify process inefficiencies in real-time, optimizing cash flow, operating margins, and overall user satisfaction. Through this partnership, customers can leverage WalkMe's Digital Adoption Platform and Celonis' Execution Management System to improve business performance significantly. The initiative is expected to drive revenue growth by automating tedious activities and offering prescriptive guidance to employees within their existing applications.
WalkMe Ltd. (NASDAQ:WKME) reported a 34% year-over-year increase in subscription revenue for Q1 2022, totaling $51.4 million. Total revenue reached $56.8 million, up 33%, despite a GAAP operating loss of $29.6 million, equating to 52% of total revenue. The company added 8 new Enterprise-Wide DAP customers, growing total customers by 52% year-over-year. WalkMe also announced strategic partnerships with HCL and Celonis. For Q2 2022, WalkMe expects revenue of $59 to $60 million, a growth rate of 26% to 28%.
WalkMe Ltd. (NASDAQ: WKME) is set to host its inaugural Investor and Analyst Day on May 24, 2022, in New York City, showcasing its digital adoption solutions. Presentations will cover the company’s vision, product innovations, and financial models, featuring discussions with customers and partners. The event begins at 12:00 p.m. ET and concludes by 4:30 p.m. ET. Additionally, WalkMe will release its Q1 financial results after market close on May 23, 2022, followed by a conference call at 5:00 p.m. ET.
WalkMe Ltd. (NASDAQ:WKME) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC. This report is accessible on the company’s investor relations website and the SEC’s official site. Additionally, WalkMe offers a hard copy of the annual report, including audited financial statements, free of charge to its shareholders upon request. WalkMe’s platform is designed to enhance digital adoption, allowing organizations to optimize their software investments and improve user experience and productivity.
WalkMe Ltd. (NASDAQ: WKME) has announced its annual virtual event, Realize, scheduled for April 5-6, 2022. This event aims to showcase innovative user experience strategies through data-driven insights. Featuring guest speaker Sinead Bovell and keynote by CEO Dan Adika, the event will host over 40 workshops with participation from major companies like Deloitte and ServiceNow. The Realizer Awards will acknowledge businesses excelling in digital adoption. For further details, visit WalkMe Realize 2022.
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