monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), the multi-product platform that runs all core aspects of work, today announced that it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting (APMR) report.
This is the third time monday.com has been recognized as a Leader in the Gartner Magic Quadrant for APMR, which is in its third year. The evaluation was based on the specific criteria that analyzed the company’s overall ‘Ability to Execute’ and ‘Completeness of Vision.’ As a result, monday.com was positioned furthest in both categories.
“We are honored to be recognized as a Leader in the Gartner Magic Quadrant for APMR and positioned furthest for ‘Completeness of Vision’ and ‘Ability to Execute’,” says Daniel Lereya, Chief Product and Technology Officer at monday.com. “We believe this recognition solidifies our position as an industry-leading low-code, no-code work management platform built for enterprises to streamline workflows with clarity and scalability. From day one, we have built our platform to be flexible and adaptive, knowing that workers need to be able to dynamically pivot how they work and quickly adjust their tools to their organization's changing needs. We will continue to prioritize providing organizations with solutions that cultivate cross-functional collaboration that drives execution. We're thrilled to be recognized for the third consecutive year and excited to continue being a vital partner to our 225,000+ customers.”
monday.com recently released several new solutions and capabilities for customers who rely on the company for cutting-edge solutions to manage their work. These include:
- Portfolio: monday work management released its Portfolio management solution as a first meaningful step in providing portfolio and project managers with a ready-to-go workflow to oversee all their portfolio management needs.
- Incorporating AI: monday.com actively integrates AI across the Work OS platform to enhance user experience through advanced automation and improved task management collaboration. In Q2, new GenAI features were introduced, including auto-generated action items, thread summaries, and enhanced text extraction capabilities.
- mondayDB 2.0: monday.com continues its efforts to enhance the platform’s underlying architecture with the launch of mondayDB 2.0. With mondayDB 2.0, customers will soon be able to manage boards with up to 100,000 items and linked items, and dashboards with up to 500,000 items, significantly advancing their work capabilities.
- monday workflows: monday.com began rolling out monday workflows, an advanced tool that allows businesses to build highly complex, cross-account, cross-product workflows visually and collaboratively. This new tool extends the boundaries of what's possible with monday automations and empowers enterprise users to create sophisticated, multi-step processes across boards, teams, and accounts.
The Gartner® Magic Quadrant™ report provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct. Download the complimentary report here to learn more about why monday.com was recognized as a Leader.
Gartner Disclaimer
Gartner, Inc. Magic Quadrant for Adaptive Project Management and Reporting. Kevin Rose, Sean Bankston, etl. 4 September 2024.
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About monday.com:
The monday.com Work OS is a low code- no code platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. monday.com has offices in Tel Aviv, New York, Denver, Chicago, London, Warsaw, Sydney, Melbourne, São Paulo, and Tokyo. Fully customizable to suit any business vertical, the platform is currently used by over 235,000 customers across more than 200 industries and in over 200 countries and territories.
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