monday.com positioned furthest in 'Completeness of Vision'
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--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 Collaborative Work Management (CWM). This recognition marks monday.com's second consecutive year as a Leader in the Gartner Magic Quadrant for CWM, and the company is positioned furthest for 'Completeness of Vision' this year.
Over the past year, monday.com has continued to support complex workflows at scale for its over 225,000 customers globally. Recent updates include enhancing monday work management's capabilities with the release of its Portfolio management, and rolling out mondayDB 2.0, the latest version of its advanced infrastructure, which significantly increases the platform's scale and allows boards up to 100,000 items and linked items, and dashboards with 500,000 items.
"We believe being named a Leader in the Gartner Magic Quadrant for CWM for the second time reflects our commitment to delivering robust work management solutions for enterprises. We're confident that monday.com's flexible platform is setting a new standard of innovation in collaborative work, allowing companies to seamlessly manage work processes, boost cross-team collaboration, and support a wide range of use cases as they scale," said Daniel Lereya, Chief Product and Technology Officer, monday.com. "We're proud of this recognition and look forward to strengthening our product offering next year with enhanced AI capabilities, including AI-powered risk assessments, robust resource management tools, and more."
This recognition comes on the heels of monday.com being named a 2024 Gartner Magic Quadrant Leader for Adaptive Project Management and Reporting (APMR) in September 2024 for the third time and positioned furthest in both categories of 'Completeness of Vision' and 'Ability to Execute' in 2024.
Gartner Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. The evaluations are based on specific criteria that analyze a company's overall ability to execute and completeness of vision.
To learn more about why monday.com was recognized as a Leader, download the complimentary report here.
Gartner Disclaimer:
Gartner, Magic Quadrant for Collaborative Work Management, Nikos Drakos, Joe Mariano, Lacy Lei, and Hironori Hayashi, December 2, 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, London, Warsaw, Sydney, Melbourne, São Paulo, and Tokyo. Fully customizable to suit any business vertical, the platform is currently used by over 225,000 customers across more than 200 industries and in over 200 countries and territories.
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Contacts
Analyst Relations:
Matthew Ponzecchi
matthewpo@monday.com
Media Relations:
Ilit Gluska
ilitgl@monday.com
