Tenured SaaS sales executive to deliver next
phase of growth; joins WalkMe executive leadership team
SAN
FRANCISCO, July 25, 2022 /PRNewswire/ -- WalkMe Ltd.
(NASDAQ: WKME), a leading provider of digital adoption solutions,
today announced the appointment of Scott
Little as Chief Revenue Officer (CRO), reporting to CEO and
Co-founder, Dan Adika. Little will
lead WalkMe's overall go-to-market optimization and expansion
efforts to capitalize on digital adoption's $34B total addressable market as demand for
WalkMe's enterprise-class digital adoption platform (DAP)
grows.
Little joins WalkMe from Software AG, where he spent nearly
three years serving in executive sales roles, most recently as
Chief Revenue Officer. Under his leadership, Software AG
transformed its digital business into a modern SaaS and
subscription dominated portfolio delivering double digit bookings
growth and consistent profitability. Before Software AG, Little
held a number of senior roles with global B2B SaaS technology
companies Commvault and Aveva, as well as with industry stalwarts
Oracle and IBM, spending nearly two decades with Oracle.
"Scott's experience in scaling sales organizations at
high-growth companies and delivering operational excellence at
leading enterprise technology companies will strengthen the
infrastructure that will take WalkMe to the next level of growth,"
said Dan Adika, CEO and Co-Founder
of WalkMe. "He is a strong leader who understands the huge
market opportunity for WalkMe and the role digital adoption
platforms play in achieving successful digital transformation
outcomes. We are excited to welcome Scott to our management team to
continue to drive WalkMe's success."
"What excites me the most about WalkMe is the opportunity to
change the way humans interact with software to maximize companies'
investment in technology," said Little. "With an entire career
focused on enterprise B2B software sales, I've seen first-hand how
lack of technology adoption has been a key impediment to successful
transformation projects. DAP is the missing link that closes the
gap, and I look forward to expanding WalkMe's reach to bring
further value to the customers and industries we serve."
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
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 macro-economic 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 on
form 20-F 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.
Additional Resources:
- Visit the WalkMe Website
- Read the WalkMe Blog
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SOURCE WalkMe