Combining WalkMe's and Celonis' best-in-class
solutions allows customers to identify and fix process
inefficiencies directly in their day-to-day applications, improving
cash flow, operating margins, and user satisfaction while driving
revenue growth
SAN
FRANCISCO, May 23, 2022 /PRNewswire/
-- WalkMe Ltd. (NASDAQ: WKME), a leading provider of
Digital Adoption Platforms (DAP), today announced a strategic
partnership with Celonis, the global leader in execution
management, that enables joint customers to maximize the impact and
return on digital transformation investments. WalkMe and Celonis
will collaborate to optimize their respective customers' business
performance by offering WalkMe's leading Digital Adoption Platform
combined with the real-time process optimization capabilities of
the Celonis Execution Management System (EMS) to accelerate digital
transformation.
The partnership will help customers identify and prioritize
processes that are not being executed to their full potential and
either fix them automatically or if needed guide employees to take
action at the precise moment their input is required. Business
processes can be automated either via WalkMe's front-end automation
capabilities or via Celonis' back-end API integrations. Together,
WalkMe and Celonis will help customers gain a better understanding
of how work moves across the enterprise, apply those insights to
accelerate digital innovation, and take the right actions to reach
new levels of business performance.
"One of the biggest challenges of digital transformations is the
expectations of end-users who often struggle with ever-changing
applications and business processes," said Amir Farhi, Chief Business Development Officer
at WalkMe. "The synergy between WalkMe and Celonis will
drive real value for organizations by optimizing sales processes,
improving customer satisfaction, and increasing operating margins,
all by automating or entirely eliminating tedious activities."
"We believe that the winners in digital innovation will be the
companies that put data to work in every facet of business
execution," said Gunther Rameseder, Senior Vice President
Solution Engineering at Celonis. "This partnership
with WalkMe, the gold standard for driving business process
adoption and enhancing employee experience, underscores just how
significantly data is revolutionizing the way companies operate.
Our collaboration with WalkMe combines Celonis' ability to reveal
and fix process inefficiencies with WalkMe's seamless user
experience and automation capabilities. Customers deploying Celonis
and WalkMe will be able to accelerate business transformation,
drive value and achieve higher levels of performance."
"Celonis and WalkMe are the leaders in their respective fields,
and we are very excited about the business process optimization
opportunities they'll unlock together," said Greisy Flores, Senior Global Product Manager at
Nestlé. "At Nestlé, we were an early adopter,
applying Celonis and WalkMe across many processes, which have
resulted in significant business value across the board. We are
looking forward to experiencing the benefits of WalkMe and Celonis
together."
"The partnership between WalkMe and Celonis really positions
both companies for growth while driving more efficiency and higher
levels of productivity for joint customers," said Daniel Newman, Founding Partner and Principal
Analyst for Futurum Research. "With the name of the game
today being 'eliminate difficult processes that slow down work,'
the WalkMe/Celonis partnership creates a win-win to achieve this
with their complementary technologies."
Deploying WalkMe and Celonis together, customers will be able to
leverage Celonis' Execution Management System to understand how
business is being executed across systems, identify process
inefficiencies, quantify the impact, prioritize and fix them
accordingly. With these insights, customers will already have
thousands of data points on where they could use WalkMe to drive
employees to execute processes more efficiently. While this is
already game-changing for many enterprises, Celonis and WalkMe are
also integrating their products to make users aware of process
inefficiencies and give them prescriptive guidance in real-time.
WalkMe provides this guidance directly within the application
employees are already using. Furthermore, thanks to WalkMe's
overlay and data technology, user journeys across different
applications can be analyzed. This data is used by Celonis to
enhance the system-data-based process model with the front-end user
journeys to identify even more opportunities for
improvement.
Additional Resources:
- Read more about the WalkMe/Celonis partnership
- Watch the WalkMe/Celonis video
- Visit the WalkMe Website
- Read the WalkMe Blog
About WalkMe
WalkMe's cloud-based Digital Adoption
Platform enables organizations to measure, drive and act to
ultimately accelerate their digital transformations and better
realize the value of their software investments. Our code-free
platform leverages our proprietary technology to provide visibility
to an organization's Chief Information Officer and business
leaders, while improving user experience, productivity and
efficiency for employees and customers. Alongside walkthroughs and
third-party integration capabilities, our platform can be
customized to fit an organization's needs.
Special Note Regarding Forward-Looking
Statements:
Certain statements in this press release may constitute
"forward-looking" statements and information, within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995 that
relate to our current expectations and views of future events. In
some cases, these forward-looking statements can be identified by
words or phrases such as "may," "might," "will," "could," "would,"
"should," "expect," "plan," "anticipate," "intend," "seek,"
"believe," "estimate," "predict," "potential," "continue,"
"contemplate," "possible" or similar words. These forward-looking
statements are subject to risks, uncertainties and assumptions,
some of which are beyond our control. In addition, these
forward-looking statements reflect our current views with respect
to future events and are not a guarantee of future performance.
Actual outcomes may differ materially from the information
contained in the forward-looking statements as a result of a number
of factors, including, without limitation, the following: our
future financial performance, including our expectations regarding
our revenue, cost of revenue, gross margin, operating expenses,
cash flow and deferred revenue; our ability to manage our growth
effectively, sustain our historical growth rate in the future or
achieve or maintain profitability; the impact of the COVID-19
pandemic or adverse macroeconomic changes on our business,
financial condition and results of operations; the growth and
expansion of the markets for our offerings and our ability to adapt
and respond effectively to evolving market conditions; our
estimates of, and future expectations regarding, our market
opportunity; our ability to keep pace with technological and
competitive developments and develop or otherwise introduce new
products and solutions and enhancements to our existing offerings;
our ability to maintain the interoperability of our offerings
across devices, operating systems and third-party applications and
to maintain and expand our relationships with third-party
technology partners; the effects of increased competition in our
target markets and our ability to compete effectively; our ability
to attract and retain new customers and to expand within our
existing customer base; the success of our sales and marketing
operations, including our ability to realize efficiencies and
reduce customer acquisition costs; the percentage of our remaining
performance obligations that we expect to recognize as revenue; our
ability to meet the service-level commitments under our customer
agreements and the effects on our business if we are unable to do
so; our relationships with, and dependence on, various third-party
service providers; our dependence on our management team and other
key employees; our ability to maintain and enhance awareness of our
brand; our ability to offer high quality customer support; our
ability to effectively develop and expand our marketing and sales
capabilities; our ability to maintain the sales prices of our
offerings and the effects of pricing fluctuations; the
sustainability of, and fluctuations in, our gross margin; risks
related to our international operations and our ability to expand
our international business operations; the effects of currency
exchange rate fluctuations on our results of operations; challenges
and risks related to our sales to government entities; our ability
to consummate acquisitions at our historical rate and at acceptable
prices, to enter into other strategic transactions and
relationships, and to manage the risks related to these
transactions and arrangements; our ability to protect our
proprietary technology, or to obtain, maintain, protect and enforce
sufficiently broad intellectual property rights therein; our
ability to maintain the security and availability of our platform,
products and solutions; our ability to comply with current and
future legislation and governmental regulations to which we are
subject or may become subject in the future; changes in applicable
tax law, the stability of effective tax rates and adverse outcomes
resulting from examination of our income or other tax returns;
risks related to political, economic and security conditions in
Israel; the effects of unfavorable
conditions in our industry or the global economy or reductions in
information technology spending; factors that may affect the future
trading prices of our ordinary shares; and other risk factors set
forth in the section titled "Risk Factors" in our Annual Report
filed with the Securities and Exchange Commission on March 24, 2022, and other documents filed with or
furnished to the SEC. These statements reflect management's current
expectations regarding future events and operating performance and
speak only as of the date of this press release. You should not put
undue reliance on any forward-looking statements. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee that future results,
levels of activity, performance and events and circumstances
reflected in the forward-looking statements will be achieved or
will occur. Except as required by applicable law, we undertake no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
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SOURCE WalkMe