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    monday.com Named a 2024 Gartner® Magic Quadrant™ Leader for Collaborative Work Management

    12/5/24 11:25:00 AM ET
    $MNDY
    Computer Software: Prepackaged Software
    Technology
    Get the next $MNDY alert in real time by email

    monday.com positioned furthest in ‘Completeness of Vision'

    monday.com Ltd. (NASDAQ:MNDY) ("monday.com"), the multi-product platform that runs all core aspects of work, today announced that it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Collaborative Work Management (CWM). This recognition marks monday.com's second consecutive year as a Leader in the Gartner® Magic Quadrant™ for CWM, and the company is positioned furthest for ‘Completeness of Vision' this year.

    Over the past year, monday.com has continued to support complex workflows at scale for its over 225,000 customers globally. Recent updates include enhancing monday work management's capabilities with the release of its Portfolio management, and rolling out mondayDB 2.0, the latest version of its advanced infrastructure, which significantly increases the platform's scale and allows boards up to 100,000 items and linked items, and dashboards with 500,000 items.

    "We believe being named a Leader in the Gartner Magic Quadrant for CWM for the second time reflects our commitment to delivering robust work management solutions for enterprises. We're confident that monday.com's flexible platform is setting a new standard of innovation in collaborative work, allowing companies to seamlessly manage work processes, boost cross-team collaboration, and support a wide range of use cases as they scale," said Daniel Lereya, Chief Product and Technology Officer, monday.com. "We're proud of this recognition and look forward to strengthening our product offering next year with enhanced AI capabilities, including AI-powered risk assessments, robust resource management tools, and more."

    This recognition comes on the heels of monday.com being named a 2024 Gartner® Magic Quadrant™ Leader for Adaptive Project Management and Reporting (APMR) in September 2024 for the third time and positioned furthest in both categories of ‘Completeness of Vision' and ‘Ability to Execute' in 2024.

    Gartner® Magic Quadrant™ reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. The evaluations are based on specific criteria that analyze a company's overall ability to execute and completeness of vision.

    To learn more about why monday.com was recognized as a Leader, download the complimentary report here.

    Gartner Disclaimer:

    Gartner, Magic Quadrant for Collaborative Work Management, Nikos Drakos, Joe Mariano, Lacy Lei, and Hironori Hayashi, December 2, 2024.

    Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

    ​​About monday.com

    The monday.com Work OS is a low code-no code platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. monday.com has offices in Tel Aviv, New York, Denver, London, Warsaw, Sydney, Melbourne, São Paulo, and Tokyo. Fully customizable to suit any business vertical, the platform is currently used by over 225,000 customers across more than 200 industries and in over 200 countries and territories.

    Visit us on our LinkedIn, X (formerly Twitter), Instagram, YouTube, TikTok, and Facebook. For more information about monday.com please visit our Press Room.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241205656425/en/

    Get the next $MNDY alert in real time by email

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    Q&A

    New
    • What recognition did monday.com receive from Gartner in 2024?

      monday.com has been named a Leader in the 2024 Gartner Magic Quadrant for Collaborative Work Management for the second consecutive year and is positioned furthest for ‘Completeness of Vision'.

    • How many customers does monday.com currently serve and what recent updates have they made to their platform?

      monday.com serves over 225,000 customers globally and has enhanced its capabilities with updates such as a Portfolio management solution and the latest version of its advanced infrastructure, mondayDB 2.0.

    • What does monday.com attribute its recognition to, and what future enhancements are planned for the product?

      Daniel Lereya, the Chief Product and Technology Officer of monday.com, stated that the recognition reflects the company's commitment to delivering robust work management solutions and plans to enhance product offerings with AI capabilities next year.

    • Besides Collaborative Work Management, what other category did monday.com receive recognition in from Gartner in 2024?

      In addition to its recognition as a Leader for CWM, monday.com was also recognized as a Leader in the 2024 Gartner Magic Quadrant for Adaptive Project Management and Reporting, marking its third time in that category.

    • What is the basis for the evaluations conducted by Gartner in its Magic Quadrant reports?

      Gartner's Magic Quadrant reports evaluate providers based on their ability to execute and completeness of vision, providing insights into vendor positions in rapidly growing markets.

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