WalkMe Inc. (NASDAQ: WKME), a leading provider of digital adoption
solutions, today announced Propel, a new partner program tailored
to give global and regional services integrators as well as
ISV/tech alliance partners a head-start in harnessing the
rapidly-expanding Digital Adoption Platform (DAP) market. The new
experience of the program offers existing and new partners the
foundation to unlock enterprise-scale revenue streams delivering
consistently brilliant, personalized, and responsive digital
experiences for joint customers.
Propel allows participants to join WalkMe’s growing ecosystem of
hundreds of partners. Offering four levels of participation –
Strategic, Premier, Select, and Certified – partners will
benefit from enhanced interaction and interfaces, ultimately
driving expansion into global markets, maximizing outcomes for
clients.
Register for the Propel virtual event taking place 24
October, 2023: AMER, EMEA, APAC
“Through Propel, we are committed to giving customers more
integrated solutions and outcomes, with a robust ecosystem of
highly skilled and trained WalkMe partners, to assist customers in
their digital adoption journeys,” said Jim Nairn, Senior
Vice President of Strategic Alliances. “WalkMe is
committed to supporting our partners by providing them with more
content, tools, and training to support their own revenue streams.
Propel delivers a comprehensive strategy to meet the increasing
needs of one of the fastest-growing segments in the technology
industry.”
Propel offers a litany of benefits to partners; some major
examples include:
- Dedicated training & certification:
includes pre-sales & product training and certifications at no
cost
- Financial rewards: gives partners the
resources they need to succeed, including funds for lead
generation, joint marketing campaign and other cross-promotional
activities for upper level partners
- New partner portal: includes easy deal
registration to speed the sales process, allowing partners to focus
on their core business; enhanced “partner finder” lets customers
discover the ideal partner to meet their business requirements
based on region, industry, or domain expertise
Propel enables solutions and service providers to build
differentiated solutions around WalkMe’s Digital Adoption Platform,
supporting AI-deployments and myriad other enterprise applications.
WalkMe empowers organizations to embrace digital innovation to
increase efficiency, employee satisfaction, cost savings, and
overall value of software investments. A recent IDC study* reported
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.
Quotes:“Because of the cross-functional nature
of Digital Adoption Platforms, it’s essential DAP vendors offer an
effective partner program that addresses vertical needs and
region-specific issues. WalkMe is leaning into the vertical
expertise of its partner community to expand its presence in the
market. Propel is an example helping vertically focused enterprises
create exceptional employee experiences.”–Amy Loomis,
Research Vice President, IDC
“At SolutionsATI, we help our clients make the most of their IT
investments, and WalkMe’s Digital Adoption Platform is an essential
element to deliver that value and promote application adoption. It
boosts employee comfort and productivity across all applications
for our clients, accelerating the return-on-investment from their
entire tech stack.”–Edward Porta, President & Founder,
SolutionsATI
“We have a tremendous focus on the end user experience and
adoption for the solutions we deliver to customers. With WalkMe, we
can help improve technology return on investment and experience for
our clients using WalkMe’s leading Digital Adoption Platform. We
look forward to continuing our partnership with the WalkMe team
across the Asia Pacific market.”–Siddhartha Dev, Founder
& CEO, DigitizeNow
“Ciklum proudly supports WalkMe's new partner program, as it
presents an exciting opportunity to empower businesses in their
digital transformation efforts. With WalkMe's Digital Adoption
Platform complemented by Ciklum's expertise in Intelligent
Automation, Data & Analytics, and Custom Product Development,
we can achieve successful outcomes for our clients across the
globe. Through our modern, data-driven approach to change
management, employee training and user analytics, powered by
WalkMe's AI capabilities, we lay a strong foundation for our
clients' digital transformation journeys, creating substantial
value for their enterprise.”–Adam Clayton,
Digital Adoption Practice Lead, Ciklum
Resources:
- Register for the Propel virtual event: AMER, EMEA, APAC
- Register for Realize, WalkMe’s annual digital adoption
event
*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 and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements
contained in this press release other than statements of historical
fact 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 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 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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