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WalkMe Recognized as Leader in Forrester Wave: Digital Adoption Platforms (DAP), 2024, for AI-First Innovations and Enhanced Enterprise Capabilities

Quiver Quantitative ·  Nov 26 22:11

WalkMe is recognized as a leader in digital adoption platforms for its AI-driven innovations and enterprise scalability.

Quiver AI Summary

WalkMe has been recognized as a leader in The Forrester Wave: Digital Adoption Platforms (DAP) for 2024, highlighting its AI-first approach and strong enterprise capabilities. The recent product release enhances WalkMe's offerings with advanced AI features, such as generative AI integrations and improved analytics for optimizing user adoption and software performance. The Forrester report commends WalkMe for its commitment to innovation and automation in addressing challenges faced by organizations during digital transformation. New enhancements include on-demand AI assistance, customizable AI actions, and expanded language support, aimed at improving usability for global teams. CEO Dan Adika emphasized the company's dedication to shaping the future of DAPs and providing tools that drive successful digital transformation.

Potential Positives

  • WalkMe was recognized as a leader in The Forrester Wave: Digital Adoption Platforms (DAP), 2024, validating its position in the industry.
  • The company's AI-first approach was highlighted with top scores in the AI/ML criterion, showcasing its strong commitment to innovation.
  • Recent product enhancements, including WalkMeX and multi-language support, empower users and improve accessibility, reinforcing WalkMe's competitive edge.
  • WalkMe's platform is designed to address complex enterprise needs, helping organizations maximize software ROI and drive digital transformation.

Potential Negatives

  • Over-reliance on AI solutions may lead to potential challenges in user experience, especially if AI does not meet expectations or introduces complexities.
  • The acknowledgment of challenges in digital transformation might indicate existing struggles within the market that could affect WalkMe's growth and customer retention.
  • Being part of a highly competitive and evolving landscape could pose risks, as continual innovation is necessary to maintain its leading position in the Digital Adoption Platform market.

FAQ

What recognition did WalkMe receive in 2024?

WalkMe was recognized as a leader in The Forrester Wave: Digital Adoption Platforms (DAP), 2024.

What are the key features of WalkMe's latest AI capabilities?

WalkMe's latest AI capabilities include enhanced analytics, automation-in-the-flow features, and support for generative AI enhancements.

How does WalkMe address challenges in digital transformation?

WalkMe addresses digital transformation challenges by optimizing enterprise software usage and reducing the friction of technology change.

Which languages does WalkMe support for global customers?

WalkMe supports multiple languages, including Japanese, French, and German, to enhance accessibility for global teams.

What is the significance of WalkMe's FedRAMP certifications?

WalkMe's FedRAMP certifications indicate its commitment to meeting rigorous security standards for federal applications.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


$WKME Hedge Fund Activity

We have seen 4 institutional investors add shares of $WKME stock to their portfolio, and 99 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • INSIGHT HOLDINGS GROUP, LLC removed 24,253,823 shares (-100.0%) from their portfolio in Q3 2024
  • STEPSTONE GROUP LP removed 10,366,855 shares (-100.0%) from their portfolio in Q3 2024
  • VITRUVIAN PARTNERS LLP removed 5,921,122 shares (-100.0%) from their portfolio in Q3 2024
  • FIL LTD removed 5,525,000 shares (-100.0%) from their portfolio in Q3 2024
  • EVR RESEARCH LP removed 3,031,752 shares (-100.0%) from their portfolio in Q2 2024
  • 272 CAPITAL LP removed 1,311,624 shares (-100.0%) from their portfolio in Q2 2024
  • D. E. SHAW & CO., INC. removed 959,905 shares (-100.0%) from their portfolio in Q3 2024

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release



SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) --


WalkMe


, the leader of the Digital Adoption Platform (DAP) category for effectively navigating technology change, today announced it was recognized as a leader in The Forrester Wave: Digital Adoption Platforms (DAP), 2024. The recognition validates WalkMe's AI-first approach, which is further strengthened by its fall '24 product release introducing enhanced enterprise-grade AI capabilities and scalability features.



"WalkMe is the category builder for DAPs," the Forrester report authored by Principal Analyst at Forrester Research, Vasupradha Srinivasan notes: "The firm leads with its commitment to be AI-first across the platform, which is reflected in its clear roadmap, first-to market FedRAMP certifications, and outstanding market partnerships."



Highlighted for its AI-first platform, superior analytics, and robust capabilities, WalkMe received the top score in the AI/ML criterion, recognizing its AI-first platform approach. The Forrester report notes: "Its automation-in-the-flow features are above par and well-executed. WalkMe

X

and Builder Assistant, which are enhancements powered by generative AI (genAI), cater seamlessly to DAP users."



WalkMe's platform is built to handle enterprise complexities including integrations with multiple systems and diverse user groups. WalkMe attributes the recognition in the Forrester evaluation to its robust analytics capabilities, including insights into license optimization and shadow application usage to maximize ROI and ensure data security.




Propelling the DAP category forward with innovation



"Three challenges plague tech execs in their digital transformation efforts: The number of enterprise applications grows by the day; these applications are more connected and more complex to use; and friction from software-related change overwhelms enterprise resources with support requests," The Forrester report states. The problem DAPs solve is more significant and complex than ever before.



To meet these challenges, WalkMe just released the following product updates:





  1. WalkMe



    X



    customers get a productivity boost

    from new enhancements with on-demand AI assistance now available across web, desktop, and mobile. It integrates ActionBot, AI Answers, and general purpose LLMs into a seamless user experience. WalkMe

    X

    's always-on Action Bar now has enhanced assisted writing, grouped actions, and the ability for end-users to create and save their own custom AI actions.



  2. New AI adoption dashboards increase the visibility of AI usage

    helping WalkMe

    X

    customers optimize AI performance and increase user adoption.



  3. WalkMe Stories expands the impact of DAP by empowering more people to capture, share, and collaborate on workflows.

    This gives customers more ways to scope future DAP projects and document standard operating procedures by automatically transforming software workflows into annotatable step-by-step guides, facilitating collaboration between line of business managers and content builders.



  4. Greater multi-language support allows global teams to use the WalkMe platform in Japanese, French, and German.

    Empowering global customers to build content for their digital adoption initiatives in their preferred language, increasing accessibility, usability, and collaboration across teams and regions.



WalkMe's unwavering pursuit of innovation ensures customers have access to cutting-edge capabilities to meet evolving enterprise needs. WalkMe's comprehensive AI-powered guidance and automation in the flow of work delivers success for both the individual end-user and the organization.



"It's an honor to continue to shape the future of the DAP category and a privilege to see our innovations create meaningful impact for organizations across the globe,"

said WalkMe CEO and Co-Founder, Dan Adika.

"We are excited to see our latest product capabilities in action and unlock new ways for individuals and enterprises to achieve their best work."




Resources:




Access the full report here



.



Learn more about enterprise AI adoption and join WalkMe and J.P. Gownder, Vice President and Principal Analyst on Forrester's Future of Work team for a live webinar on AI transformation on December 12th.


Register now


.



Visit the


WalkMe blog


.




About WalkMe

WalkMe, an SAP company, pioneered the world's leading Digital Adoption Platform, enabling organizations to navigate the change brought on by technology. Leveraging over a decade of experience, WalkMe's platform integrates generative AI to deliver proactive, accessible, and actionable insights. Our context-aware solutions guide users through any workflow, identifying and resolving digital friction to ensure seamless execution of critical processes across all departments. Trusted by global leaders like IBM, Nestlé, ThermoFisher Scientific, and the U.S. Department of Defense, WalkMe empowers organizations to maximize software ROI and drive people-centric digital transformation. Visit .




Media Contact:

Melanie Pasch


press@walkme.com




Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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