New alliance unlocks value for organizations
through faster, more effective adoption of
technologies
SAN
FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- WalkMe Ltd.
(NASDAQ: WKME), a leading provider of digital adoption platforms,
today announced it has entered into an alliance agreement with
Deloitte Canada, a global leader in Human Capital and Business
Transformation Consulting.
Deloitte is investing in a dedicated team in Canada to make technology adoption solutions
broadly available to Canadian enterprises. Together, WalkMe and
Deloitte will help these organizations realize the rapid results
that digital transformation strategies can deliver through
efficient, effective and sustained adoption of digital
technologies.
As more organizations are realizing the value that digital
adoption strategies bring to their bottom lines, new programs and
initiatives are emerging to harness its potential. In March 2022, the Canadian government recognized
digital adoption as a strategic initiative when Prime Minister
Trudeau's office launched the Canada Digital Adoption Program aimed
to help Canadian businesses grow their online presence and
upgrade/adopt digital technologies.
"The need for modernizing how today's employees work with
digital technologies continues to accelerate as organizations
recognize the close relationship between successful digital
transformation and the ability for end-users to quickly leverage
new ways of working and interacting," said Emily Boudreau, Transformational Change Practice
Leader, Deloitte Canada. "To provide our clients with enhanced
solutions that address digital adoption needs, we have entered into
an alliance with the recognized market leader in digital adoption
platforms. Driving ROI on digital transformation projects for our
clients is a key priority of Deloitte. We are pleased to align with
WalkMe to help us continue to bring the best solutions and
innovative approaches for our clients to accelerate adoption of new
technologies, creating the future they had envisioned for their
stakeholders when embarking on their transformation journey."
Digital adoption is the process by which companies help ensure
employees and customers are making the most effective use of their
digital assets. With more than 35 million users in over 160
countries, and 80% of the Fortune 10, WalkMe is the pioneer of DAP
technologies. Its no-code, platform-agnostic solution runs across
all underlying applications – for both employees and customers
alike. Over the last decade, WalkMe has continued to deliver
digital solutions at scale to help organizations worldwide achieve
their digital transformation goals by creating frictionless and
elegant digital experiences that reduce complexity in the
enterprise technology stack.
"Digital adoption platforms are increasingly proving to be a
must have for organizations wishing to execute successful digital
transformation or change management initiatives," said
Jim Nairn, Senior Vice President
of Strategic Alliances, WalkMe. "This alliance further expands
our go-to-market footprint with Deloitte, putting the power of
digital adoption into the hands of more organizations to drive real
business value and outcomes."
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.
About Deloitte
Deloitte provides audit and assurance, consulting, financial
advisory, risk advisory, tax, and related services to public and
private clients spanning multiple industries. Deloitte serves four
out of five Fortune Global 500® companies through a globally
connected network of member firms in more than 150 countries and
territories bringing world-class capabilities, insights, and
service to address clients' most complex business challenges.
Deloitte LLP, an Ontario limited
liability partnership, is the Canadian member firm of Deloitte
Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte
Touche Tohmatsu Limited, a UK private company limited by guarantee,
and its network of member firms, each of which is a legally
separate and independent entity. Please see www.deloitte.com/about
for a detailed description of the legal structure of Deloitte
Touche Tohmatsu Limited and its member firms.
Our global Purpose is making an impact that matters. At Deloitte
Canada, that translates into building a better future by
accelerating and expanding access to knowledge. We believe we can
achieve this Purpose by living our shared values to lead the way,
serve with integrity, take care of each other, foster inclusion,
and collaborate for measurable impact. To learn more about
Deloitte's approximately 330,000 professionals, over 11,000 of whom
are part of the Canadian firm, please connect with us
on LinkedIn, Twitter, Instagram,
or Facebook.
Additional Resources:
- Visit the WalkMe Website
- Read the WalkMe Blog
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.
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SOURCE WalkMe