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monday.com Reaches $1 Billion ARR, Accelerating Growth as Multi-Product Platform

monday.com Reaches $1 Billion ARR, Accelerating Growth as Multi-Product Platform

technology 28 Aug 2024

The company has reached a notable milestone, setting a new standard for innovation and growth.

monday.com Ltd., a leading multi-product platform that manages core aspects of work, has announced that it has reached $1 billion in Annual Recurring Revenue (ARR). This milestone, achieved just a decade after the launch of its Work Operating System (Work OS), highlights the rapid growth and widespread adoption of monday.com’s innovative platform across various industries.

  • Achievement of $1 Billion ARR:

    • monday.com has reached $1 billion in ARR, a significant financial milestone that underscores the platform's success.
    • The company reached this milestone only eight years after achieving $1 million in ARR, showcasing its accelerated growth trajectory.
  • Company’s Mission and Vision:

    • Founded in 2014, monday.com set out to disrupt traditional work software by creating a flexible, no-code/low-code Work Operating System (Work OS).
    • The platform is designed to address the limitations of traditional off-the-shelf solutions and complex enterprise software, providing scalable and robust tools for businesses of all sizes.
  • monday.com Work OS Platform:

    • The Work OS is a modular, open platform that enables teams and enterprises to create customized tools to drive business success.
    • The platform’s modular building blocks are easy to assemble yet powerful enough to build solutions for any organization in any industry.
  • Evolution into a Multi-Product Company:

    • monday.com has evolved from a single product to a multi-product company, now offering a suite of products including monday work management, monday CRM, monday dev, and monday service (currently in beta).
    • The company’s commitment to innovation and customer-centricity has driven the development of these tailored solutions to meet specific business needs.
  • Leadership Comments and Strategic Vision:

    • Co-founders and co-CEOs Roy Mann and Eran Zinman emphasized the significance of reaching $1 billion in ARR, crediting the achievement to the dedicated team, partners, and customers.
    • CFO Eliran Glazer highlighted the company’s ability to drive expansion while maintaining operational efficiency, positioning monday.com for continued growth and success.
  • Future Growth and Expansion:

    • monday.com plans to continue its strategic investments in infrastructure, exemplified by the release of mondayDB, which enhances the platform’s ability to adapt to evolving customer needs.
    • The company is focused on expanding its offerings in mid-market and enterprise markets, laying the foundation for future milestones and sustained growth.

The achievement of $1 billion in ARR marks a major milestone in monday.com’s journey, reflecting the platform's value and impact across industries. As monday.com continues to innovate and expand its product suite, it is well-positioned to maintain its leadership in the work software industry and drive future growth.

TickleTrain Integrates Task Management: Transform Your Inbox into a To-Do List

TickleTrain Integrates Task Management: Transform Your Inbox into a To-Do List

email marketing 28 Aug 2024

TickleTrain, the innovative email management platform, has introduced a groundbreaking integration of task management capabilities. This new feature transforms users' inboxes into comprehensive, easy-to-use to-do lists, further enhancing the platform's popular automated email follow-up functionality. This development aims to streamline task management directly within users' inboxes, eliminating the need for additional software and boosting productivity.

  • Revolutionizing Email Management:

    • TickleTrain's new task management feature allows emails to be displayed as a concise, user-friendly task list.
    • The integration works seamlessly with any email app on both mobile and desktop devices, requiring no additional software installation.
    • This feature builds on TickleTrain's core functionality of automated email follow-ups, making it a comprehensive tool for managing tasks and communications.
  • Rationale Behind the Innovation:

    • Michael Dickman, founder and CEO of TickleTrain, highlights the importance of effective task management in preventing disorganization and lost sales.
    • TickleTrain’s inbox-based to-do list is designed to significantly boost productivity and provide users with peace of mind at work.
  • Effortless Task Management:

    • The new feature formalizes the common practice of using email inboxes as makeshift task lists, providing users with tools to manage tasks effectively.
    • TickleTrain ensures that nothing slips through the cracks during the hectic pace of a business day, keeping users on top of their responsibilities.
  • Flexible Pricing Plans:

    • TickleTrain offers two pricing plans to accommodate businesses of all sizes:
      • $8.95/month: Supports up to three email addresses.
      • $18.95/month: Supports up to 10 email addresses.
    • Additional email addresses can be added for $2.50 per month.
    • All plans include unlimited campaigns and "tickles," along with a Gmail Chrome Extension for enhanced functionality.

TickleTrain’s new task management feature represents a significant step forward in email management, turning inboxes into powerful to-do lists. With seamless integration, no extra software required, and flexible pricing options, TickleTrain is poised to help users stay organized, productive, and on top of their tasks.

Proximic by Comscore and FreeWheel Partner to Enhance Privacy-Resilient CTV Targeting

Proximic by Comscore and FreeWheel Partner to Enhance Privacy-Resilient CTV Targeting

advertising 28 Aug 2024

Paramount among first to adopt new CTV audiences as part of its EyeQ Select solution, enabling ID-free interest and intent audience buying across its global portfolio

Proximic by Comscore, a division of Comscore Inc. and a leader in audience targeting solutions for programmatic activation, has partnered with FreeWheel, a global technology platform for the television advertising industry. This partnership introduces privacy-resilient, ID-free audience targeting solutions for Connected TV (CTV), enabling publishers and buyers to engage targeted audiences at scale across premium CTV content.

  • Partnership Overview:

    • The collaboration between Proximic by Comscore and FreeWheel focuses on supporting privacy-resilient, ID-free audiences in the CTV space.
    • The integration of Proximic by Comscore’s data into FreeWheel’s ad management platform streamlines access to audience monetization tools for publishers and enhances targeting capabilities for buyers.
  • Privacy-Resilient Audience Targeting:

    • Proximic by Comscore provides content-level categorization data, including contextual advertising capabilities, without relying on ID-based solutions.
    • This innovation addresses the industry's growing demand for scalable audience targeting in the face of signal loss challenges.
  • Benefits for Publishers and Buyers:

    • For Publishers: The integration allows publishers to package inventory against high-demand segments like interest and purchase-intent behaviors in a scalable and privacy-resilient manner.
    • For Buyers: Buyers can leverage FreeWheel’s extensive network of Demand-Side Platform (DSP) integrations to reach targeted audiences across premium CTV inventory.
  • Industry Impact:

    • The partnership comes at a crucial time as the industry shifts towards more privacy-centric solutions for programmatic TV advertising.
    • Paramount is the first major publisher to adopt this solution, setting a precedent for other publishers who will have access later this year.
  • Expert Insights:

    • FreeWheel: Matt Clark, VP of Partnerships at FreeWheel, emphasizes the importance of unlocking audience targeting and content-level buying across premium video in a privacy-first manner.
    • Paramount: Leo O’Connor, SVP of Advertising at Paramount, highlights the expanded targeting capabilities within their EyeQ solution, which now includes Proximic’s interest and intent signals.
    • Proximic by Comscore: Rachel Gantz, Managing Director at Proximic by Comscore, underscores the transformative impact of their privacy-resilient, ID-free audience targeting solutions on the programmatic TV landscape.
    • Hearts & Science: Sari Applebaum, Senior Director of Digital Investment, praises the ability to reach targeted audiences in a privacy-sensitive manner, especially within the pharmaceutical vertical.

The partnership between Proximic by Comscore and FreeWheel represents a significant advancement in privacy-resilient, ID-free audience targeting for CTV. As the industry continues to navigate signal loss and privacy concerns, this collaboration provides a forward-looking solution that benefits both publishers and buyers, with Paramount leading the charge in adopting this innovative approach.

Vagon & Unity Collaborate to Break Hardware Barriers in Immersive 3D Experiences

Vagon & Unity Collaborate to Break Hardware Barriers in Immersive 3D Experiences

technology 28 Aug 2024

Vagon Streams Becomes the first Unity Verified Solution for interactive cloud streaming!

California-based cloud computing startup Vagon has joined forces with Unity to eliminate hardware barriers, making immersive experiences accessible to everyone. Vagon Streams has been recognized as a Unity Verified Solution, offering a native application streaming plugin for the Unity Editor. This collaboration underscores Vagon’s commitment to providing low-latency, high-quality interactive streaming experiences, essential for the next generation of the 3D Web.

  • Vagon Streams as a Unity Verified Solution:

    • Vagon Streams has joined the ranks of trusted tools like Sony, Metamask, and JetBrains as a Unity Verified Solution.
    • The new native application streaming plugin is now available for Unity developers, enhancing real-time streaming of interactive 3D content.
  • Advancements in AI and the 3D Web:

    • AI advancements are accelerating the creation of complex 3D virtual environments, making real-time streaming more crucial.
    • Vagon aims to serve as the infrastructure backbone for the emerging 3D Web, enabling seamless experiences across devices.
  • Benefits for Unity Developers:

    • Seamless Streaming: Vagon Streams enables developers to stream graphic applications such as games, architectural visualizations, and virtual worlds globally with no latency.
    • High-Quality Performance: By leveraging RTX-enabled NVIDIA GPUs, Vagon ensures immersive visual quality on all devices, from mobile phones to low-end computers.
    • Easy Access: Unity developers can access the Vagon Streams plugin from the Unity Asset Store or book a demo with Vagon’s technical experts.
  • Collaboration Impact:

    • Unity’s Leading Role: Unity remains the top platform for creating and growing games and interactive experiences.
    • Vagon’s Commitment: Vagon’s collaboration with Unity highlights its dedication to providing high-performance streaming infrastructure that removes hardware limitations for creators and users alike.

The collaboration between Vagon and Unity marks a significant milestone in making immersive experiences more accessible. By integrating Vagon Streams as a Unity Verified Solution, developers now have the tools to deliver high-quality, real-time interactive content without the need for high-end hardware, paving the way for the future of the 3D Web.

Circana Expands Media Measurement Capabilities with Acquisitions of NCSolutions and Nielsen's MMM Business

Circana Expands Media Measurement Capabilities with Acquisitions of NCSolutions and Nielsen's MMM Business

marketing 28 Aug 2024

Circana™, a leading advisor on consumer behavior, has announced definitive agreements to acquire NCSolutions (NCS), a joint venture between Nielsen and Catalina, and Nielsen’s Marketing Mix Modeling (MMM) business. These acquisitions aim to bolster Circana’s media measurement capabilities and expand its marketing mix modeling and unified measurement solutions, providing clients with more comprehensive and effective advertising tools.

  • Acquisition Overview:

    • Circana is acquiring NCSolutions and Nielsen’s Marketing Mix Modeling business to enhance its media measurement and marketing capabilities.
    • The acquisition will provide clients with broader access to audience targeting, media measurement, in-flight optimization, and clean room solutions.
  • Benefits for Clients:

    • Expanded Capabilities: Clients will benefit from a more robust set of tools for audience targeting and media measurement, enhancing their ability to execute targeted and impactful advertising campaigns.
    • Increased Efficiency: The integration of NCS and MMM into Circana will lead to more efficient operations and better products and services, fueling client growth.
  • Statements from Leadership:

    • Kirk Perry, President and CEO of Circana: Expressed excitement about welcoming NCS and MMM to Circana, emphasizing the enhanced media capabilities and growth opportunities for clients.
    • Karthik Rao, CEO of Nielsen: Highlighted the value that NCS and MMM bring to clients and expressed confidence in their continued growth under Circana.
  • Future Integration:

    • Both NCS and MMM will eventually be integrated into Circana’s Media team, which provides a comprehensive suite of media solutions to advertisers and agencies.
    • The Media team’s offerings are built on Circana’s enterprise technology platform, enriched by data sets on consumer packaged goods (CPG), general merchandise, and advanced analytics.
  • Transaction Details:

    • The acquisitions are expected to close in the fourth quarter of 2024, pending regulatory approvals and completion of required processes.
    • Legal and financial advisors involved in the transactions include Simpson Thacher & Bartlett LLP, Dentons, Morgan Stanley & Co. LLC, Bank of America Securities, Gibson Dunn & Crutcher LLP, Baker McKenzie, DLA Piper, and Weil, Gotshal & Manges LLP.

The acquisition of NCSolutions and Nielsen’s Marketing Mix Modeling business by Circana marks a significant expansion in Circana’s media measurement and marketing mix modeling capabilities. This move is set to provide clients with enhanced tools for targeting, measuring, and optimizing their advertising efforts, driving more impactful results and fueling growth.

Wondershare Repairit V6.0: First to Support GoPro Gyroscopic Data and RAW Format Repair

Wondershare Repairit V6.0: First to Support GoPro Gyroscopic Data and RAW Format Repair

technology 28 Aug 2024

Wondershare Repairit, a leading data recovery software solution, is thrilled to announce the release of Wondershare Repairit V6.0. This latest version sets a new standard in video repair by being the first to support GoPro gyroscopic data restoration and RAW format repair. Repairit V6.0 enhances repair success rates and expands compatibility with a range of video-shooting devices, offering a superior solution for maintaining high-quality video content.

  • Groundbreaking Features:

    • GoPro Gyroscopic Data Repair: Repairit V6.0 introduces innovative technology to repair GoPro gyroscopic data, crucial for stabilizing video images, improving post-editing, and enhancing motion analysis and AR effects.
    • RAW Format Repair: The update includes support for repairing RAW formats, such as ProRes RAW and Blackmagic RAW, preserving the highest video quality.
  • Key Features:

    • Enhanced Video Damage Repair: The software can repair exclusive process files from various cameras, including Sony’s RSV and Canon’s DAT, addressing damage from power outages and other issues.
    • Broad Compatibility: Repairit V6.0 is compatible with digital cameras, action cameras, screen-recording software, and monitors from brands like Sony, Canon, Nikon, Blackmagic Design, GoPro, and DJI.
    • Optimized User Experience: The software boasts an 80% increase in overall speed for key processes, such as startup, file addition, and saving. The preview module's loading time has been improved nearly twofold, allowing for more accurate and efficient processing of video content.
  • Compatibility and Pricing:

    • Versions Available: Wondershare Repairit is available as both a desktop application (compatible with Windows and macOS) and an online tool.
    • Pricing: The desktop version starts at $29.99 for the basic toolkit, while the online version offers a subscription or pay-per-use option to cater to various user preferences.

Wondershare Repairit V6.0 represents a significant advancement in video repair technology, offering unprecedented support for GoPro gyroscopic data and RAW format repair. With enhanced compatibility, speed improvements, and a range of pricing options, Repairit V6.0 is poised to deliver high-quality solutions for users seeking to maintain and restore their video content effectively.

HTC Unveils VIVERSE Create: No-Code Tool for Building Multiplayer Worlds

HTC Unveils VIVERSE Create: No-Code Tool for Building Multiplayer Worlds

technology 27 Aug 2024

Tool suite gives creators the ability to build and share interactive multiplayer worlds to any device, anywhere

HTC's VIVERSE, a leading spatial computing platform, has introduced VIVERSE Create, a revolutionary suite of tools designed to empower creators to build and share interactive multiplayer worlds across various devices without the need for coding.

  • Cross-Platform Accessibility:

    • VIVERSE Create allows users to share their worlds across any device, including VR headsets, mobile phones, PCs, and Macs.
    • The platform's “no install” feature ensures that users can enjoy interactive content without needing specialized gaming equipment.
  • Easy World Building:

    • No-Code Tool: Available directly on the VIVERSE Create website, this tool enables users to craft virtual worlds using assets and media files in their web browser.
    • Sketchfab Integration: Users gain access to millions of free models, simplifying the process of world creation.
    • VROID VRM Support: Advanced users can import and use existing models with native support for VROID VRM format.
  • Advanced Game Engine Integration:

    • PlayCanvas Tool: Provides an advanced game engine-style environment for creating interactive experiences directly in the browser.
    • Seamless Deployment: Users can deploy their builds to VIVERSE with or without code, making it accessible for various skill levels.

Statements from Key Figures

  • Andranik Aslanyan, Head of Growth, HTC VIVERSE:

    • "With VIVERSE Create, we’re enabling creators to build and share worlds with anyone through a simple, secure link, showcasing the ongoing potential of the metaverse."
  • Will Eastcott, CEO of PlayCanvas:

    • "Our partnership with HTC VIVERSE enhances the ability for creators to develop and share rich, interactive worlds effortlessly, embodying our vision of accessible game development."

Polygon Streaming Integration

  • What is Polygon Streaming?
    • HTC’s Polygon Streaming technology integrates with VIVERSE Create, allowing for high-fidelity 3D model streaming across various devices, including smartphones, tablets, laptops, and XR headsets.
  • How It Works:
    • Efficient Data Transmission: Streams only necessary polygon data based on the user's view, reducing bandwidth and processing requirements.
    • Device-Agnostic: Ensures access to advanced immersive graphics and interactivity for all users.

VIVERSE Create by HTC represents a significant leap forward in spatial computing, offering an accessible and versatile tool for creators to build and share interactive worlds across devices. Coupled with the advanced Polygon Streaming technology, VIVERSE Create is set to democratize immersive experiences and elevate the potential of the metaverse.

SheerID Reveals 2024 India Gen Z Report: Exclusive Offers Drive Brand Loyalty

SheerID Reveals 2024 India Gen Z Report: Exclusive Offers Drive Brand Loyalty

identity management 27 Aug 2024

Study released by SheerID shows that more than half of Gen Z students in India feel optimistic about the economy and exclusive offers are an effective way to reach them.

SheerID, a global leader in identity verification for commerce, has published its 2024 India Gen Z Report. Conducted by Centiment, this survey explores Gen Z purchasing behaviors, brand expectations, and strategies for brands to effectively engage with this demographic. The report highlights Indian Gen Z students' optimism about the economy and their preference for exclusive offers.

  • Optimism and Economic Outlook:

    • Indian Gen Z students exhibit strong optimism about the economy, driven by India's impressive 7% annual GDP growth rate.
    • Despite current budget constraints, the brand relationships formed now are crucial for tapping into their future spending power.
  • Impact of Exclusive Offers:

    • Higher Purchase Likelihood: 93% of Gen Z students prefer exclusive student offers, with 92% checking for such offers before making a purchase.
    • Viral Sharing Potential: 99% of students are likely to share exclusive offers with others eligible, leveraging their social media engagement for viral brand promotion.
  • Role of Social Media and Recommendations:

    • 74% of Gen Z students discover new brands through social media, and 37% through recommendations from friends or family.
    • Brands can capitalize on this enthusiasm by creating shareable, exclusive offers.
  • Building Emotional Connections and Loyalty:

    • 64% of students feel more emotionally connected to brands offering exclusive deals, with 90% more likely to make a purchase and 80% inclined to join the brand's loyalty program.
    • 40% of students would switch brand loyalty for an exclusive discount, underscoring the importance of such offers.
  • Preference for Freebies:

    • Beyond discounts, Gen Z is attracted to freebies. Preferred offers include free shipping (57%), free gifts (56%), and buy one get one free (39%).
  • Importance of Verification Experience:

    • Instant verification and data privacy are crucial. 66% of students prefer instant verification without data sharing, while 50% find delays over five minutes detrimental to their purchase decision.
    • An open verification platform that integrates seamlessly into the purchase process enhances user experience and increases conversions.

SheerID's 2024 India Gen Z Report reveals that exclusive offers are essential for engaging Indian Gen Z students. These offers not only drive immediate purchasing decisions but also build long-term brand loyalty. Brands that leverage these insights and focus on a seamless verification experience can successfully tap into this influential market.

   

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