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Asana Recognized as a Leader in the 2024 Gartner ® Magic Quadrant™ for Collaborative Work Management (CWM), once again By Investing.com
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, has again been recognized as a Leader in the Gartner (NYSE:IT) ® Magic Quadrant™ for Collaborative Work Management.1 The company was evaluated for its ~Completeness of Vision' and ~Ability to Execute.' We believe our recognition as a Leader for two consecutive years in the Gartner ® Magic Quadrant™ for Collaborative Work Management reinforces our platform's ability to bring clarity and accountability to customers' complex work environments, said Alex Hood, Chief Product Officer at Asana. At the heart of Asana is our unique Work Graph ® data model, which maps the context and relationships of all work " who is doing what by when, how, and why. This is the key to being able to coordinate work and collaborate efficiently, at scale. With the introduction of Asana AI Studio, we're amplifying our value by enabling customers to embed AI directly into critical workflows. Asana AI works alongside employees like a real teammate; it can advise where to focus, surface insights, action tasks, and assign work. As a result, our customers experience unprecedented productivity gains. Asana has also been recognized with the Gartner ® Peer Insights™ Customers' Choice distinction. This recognition was only given to vendors who meet or exceed both the market average Overall Experience and User Interest and Adoption criteria set by the analyst firm. Some recent customer reviews from Gartner Peer Insights speak to Asana's value: To learn more about why Asana was recognized as a Leader in this year's report, visit: asana.com/resources/gartner-magic-quadrant-collaborative-work-management-2024. A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market's competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps you quickly ascertain how well technology providers are executing their stated visions and how well they are performing against Gartner's market view. Gartner defines the collaborative work management market as products that provide task-driven workspaces to enable end users to plan, coordinate, and automate their work. 1 Source: Gartner, Magic Quadrant for Collaborative Work Management, Nikos Drakos, Joe Mariano, Lacy Lei, Hironori Hayashi, 2 December 2024 Disclaimer: Gartner does not endorse any vendor, product or service depicted in our 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 the Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About Asana Asana, a leading enterprise work management platform, is where work connects to goals. Over 150,000 customers like Amazon (NASDAQ:AMZN), Accenture (NYSE:ACN), and Suzuki rely on Asana to manage and automate everything from goal setting and tracking to capacity planning to product launches. To learn more, visit asana.com.
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Asana Recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Collaborative Work Management (CWM), once again
Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, has again been recognized as a Leader in the Gartner Magic Quadrant™ for Collaborative Work Management. The company was evaluated for its 'Completeness of Vision' and 'Ability to Execute.' "We believe our recognition as a Leader for two consecutive years in the Gartner Magic Quadrant™ for Collaborative Work Management reinforces our platform's ability to bring clarity and accountability to customers' complex work environments," said Alex Hood, Chief Product Officer at Asana. "At the heart of Asana is our unique Work Graph data model, which maps the context and relationships of all work - who is doing what by when, how, and why. This is the key to being able to coordinate work and collaborate efficiently, at scale." "With the introduction of Asana AI Studio, we're amplifying our value by enabling customers to embed AI directly into critical workflows. Asana AI works alongside employees like a real teammate; it can advise where to focus, surface insights, action tasks, and assign work. As a result, our customers experience unprecedented productivity gains." Asana has also been recognized with the Gartner Peer Insights™ Customers' Choice distinction. This recognition was only given to vendors who meet or exceed both the market average "Overall Experience" and "User Interest and Adoption" criteria set by the analyst firm. Some recent customer reviews from Gartner Peer Insights speak to Asana's value: To learn more about why Asana was recognized as a Leader in this year's report, visit: asana.com/resources/gartner-magic-quadrant-collaborative-work-management-2024. "A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market's competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps you quickly ascertain how well technology providers are executing their stated visions and how well they are performing against Gartner's market view. Gartner defines the collaborative work management market as products that provide task-driven workspaces to enable end users to plan, coordinate, and automate their work." 1 Source: Gartner, Magic Quadrant for Collaborative Work Management, Nikos Drakos, Joe Mariano, Lacy Lei, Hironori Hayashi, 2 December 2024 Disclaimer: Gartner does not endorse any vendor, product or service depicted in our 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 the Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About Asana Asana, a leading enterprise work management platform, is where work connects to goals. Over 150,000 customers like Amazon, Accenture, and Suzuki rely on Asana to manage and automate everything from goal setting and tracking to capacity planning to product launches. To learn more, visit asana.com.
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Asana, a leading enterprise work management platform, has been named a Leader in Gartner's Magic Quadrant for Collaborative Work Management for the second consecutive year, highlighting its innovative AI-powered solutions and Work Graph data model.
Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a prominent enterprise work management platform, has once again been recognized as a Leader in the Gartner Magic Quadrant for Collaborative Work Management (CWM) for 2024 12. This marks the second consecutive year that Asana has achieved this prestigious position, underscoring its continued excellence in the field of collaborative work management solutions.
The Gartner Magic Quadrant evaluates companies based on two primary criteria: 'Completeness of Vision' and 'Ability to Execute' 1. Asana's strong performance in both these areas has solidified its position as a Leader in the market. The recognition reflects Asana's commitment to innovation and its capacity to deliver high-quality solutions that meet the evolving needs of modern workplaces.
At the core of Asana's success is its proprietary Work Graph data model. Alex Hood, Chief Product Officer at Asana, emphasized the significance of this technology, stating, "At the heart of Asana is our unique Work Graph data model, which maps the context and relationships of all work - who is doing what by when, how, and why" 1. This comprehensive approach to work management enables organizations to coordinate and collaborate efficiently at scale.
Asana has further enhanced its platform with the introduction of Asana AI Studio, a cutting-edge feature that integrates artificial intelligence directly into critical workflows 2. This AI-powered assistant works alongside employees, offering guidance on prioritization, surfacing insights, actioning tasks, and assigning work. The integration of AI technology aims to drive unprecedented productivity gains for Asana's customers.
In addition to the Gartner Magic Quadrant recognition, Asana has also received the Gartner Peer Insights Customers' Choice distinction 1. This accolade is awarded to vendors who meet or exceed both the market average "Overall Experience" and "User Interest and Adoption" criteria set by Gartner. The recognition is based on positive feedback from end-users, further validating Asana's value proposition in the market.
Asana has established itself as a leading enterprise work management platform, serving over 150,000 customers globally 2. Notable clients include industry giants such as Amazon, Accenture, and Suzuki, who rely on Asana for various aspects of work management, from goal setting and tracking to capacity planning and product launches.
Gartner defines the collaborative work management market as encompassing "products that provide task-driven workspaces to enable end users to plan, coordinate, and automate their work" 1. Asana's continued leadership in this space demonstrates its alignment with these key market requirements and its ability to meet the diverse needs of modern organizations.
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Asana, Inc., a leading work management platform, has published its Fiscal 2024 Environmental, Social, and Governance (ESG) Report, showcasing its commitment to sustainability, diversity, and social responsibility.
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Asana's strong Q3 financial results, coupled with the successful launch of its AI Studio, have led to a significant stock rally and increased analyst optimism about the company's future growth prospects.
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Workday has been positioned as a Leader in the 2024 Gartner Magic Quadrant for Financial Planning Software for the third consecutive year, showcasing its AI-driven enterprise planning solutions and strong customer satisfaction.
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Asana, the work management platform, saw its stock price drop significantly after releasing its Q2 2024 financial results and providing guidance below market expectations. The company's revenue growth and outlook disappointed investors, leading to a sharp decline in share value.
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Asana's stock drops over 25% following a weak revenue outlook and the surprise retirement announcement of CEO Dustin Moskovitz. The company's AI initiatives show promise, but challenges in customer retention persist.
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