WalkMe Announces Key Leadership Appointment to Meet Continued Accelerated Digital Adoption Demand in EMEA
14 November 2023 - 1:00AM
WalkMe Inc. (NASDAQ: WKME), a leading provider of digital adoption
solutions, today announced the appointment of Ofir Hatsor as Senior
Vice President of EMEA Sales. The new regional sales leader will
take on the increasing demand for WalkMe’s best in class Digital
Adoption Platform (DAP) as businesses across industries seek to
maximize the value from their software investments while boosting
productivity and providing seamless user experiences, aligning with
the 3.7% rise in IT spending across EMEA, as forecasted by Gartner
for 2023.
“WalkMe continues to provide incredible value to organizations
around the globe,” said Dan Adika, CEO & Co-founder of
WalkMe. “We are proud to have top talent laser focused on
providing the world’s best DAP to our valued customers and partners
in EMEA. We are excited to welcome Ofir to our regional leadership
bench and look forward to continuing to deliver business value in
these key regions.”
Hatsor returns to WalkMe after serving as the CEO of DGTL
Ventures, one of WalkMe’s strongest implementation partners in the
EMEA region. His extensive learnings from the field combined with
his deep product experience puts him in a unique position to lead
WalkMe’s EMEA sales efforts. He previously held the role of
Executive Vice President of International Sales for WalkMe and
brings his learnings from his recent chief executive role back to
WalkMe. With a passion for innovation and a keen strategic mindset,
Hatsor will take on the burgeoning demand for digital adoption
technology in EMEA, leading dedicated sales teams in London, Paris,
and Munich.
“As a veteran in the digital adoption space, it’s an honor to
rejoin the original DAP pioneer and market leader and take a front
seat to the innovation being built every day at WalkMe,”
said Hatsor. “The value WalkMe brings
organizations has never been more clear with a recent study*
reporting the business value WalkMe provides its customers,
including a 3-year ROI of 494%, achieved through a 60% reduction in
support tickets, 40% reduced business errors, and $41.5 in new
annual revenue. I’m thrilled to be a part of bringing WalkMe's
massive gains in cost savings, employee satisfaction, efficiency,
and overall business value to EMEA organizations.”
*Source: Report commissioned by WalkMe: The Business Value of
WalkMe, IDC #US50860123, June 2023
About WalkMeWalkMe'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 platform
leverages 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:
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements contained
in Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”) and Section 21E of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). All statements contained in
this press release other than statements of historical fact,
including, without limitation, statements regarding the Company’s
future financial results, including revenue and non-GAAP operating
loss guidance, and expectations regarding the company’s operations
and future profitability are forward-looking statements. The words
“believe,” “may,” “will,” “estimate,” “potential,” “continue,”
“anticipate,” “intend,” “expect,” “could,” “would,” “project,”
“plan,” “target,” and similar expressions are intended to identify
forward-looking statements, though not all forward-looking
statements use these words or expressions. 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 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; 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 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 14, 2023, 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.
Media Contact:Christina
Knittelpress@walkme.com
Investor Contact:John
Streppainvestors@walkme.com
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