WalkMe Cements Category Leadership with Continued AI Innovation, Industry Recognition, and Financial Growth

Building on a transformative year of customer satisfaction and product achievements that advance AI in the workplace, WalkMe will gather changemakers at its annual Realize conference on June 18

SAN FRANCISCO, April 15, 2024 (GLOBE NEWSWIRE) -- WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced major proof points of its continuing category leadership, as digital adoption platforms (DAPs) gain rapid momentum in a $34B total addressable market (TAM). Achievements include a bold array of AI-centric product innovations and patents, analyst and industry recognition, superior customer service reviews, category-defining thought leadership, and continued financial growth. WalkMe recently announced that its annual flagship event, Realize, will be held on June 18, 2024, where the company will unveil more exciting product advancements to decisively shape the future of AI in the workplace.

WalkMe named a leader in the first-ever IDC MarketScape for DAP

In March, the IDC MarketScape Worldwide Digital Adoption Platforms 2024 report named WalkMe the leader, highlighting its early-mover advantage and AI capabilities powered by its proprietary DeepUI technology. With over a decade of real-world learning, WalkMe has accumulated billions of data points and an unrivaled view into technology usage. Its platform drives the proper adoption and value realization of technology investments, making the company an essential partner in organizations’ AI strategies. As GenAI-powered conversational interfaces enter the enterprise, WalkMe is well-positioned to meet the growing needs of the workplace with its extensive portfolio of AI-centric patents, dedicated innovation, and proven capabilities.

“As a pioneer that helped define the Digital Adoption Platform space, WalkMe was recognized for its continuous innovation in AI-driven capabilities and for its proven expertise in accelerating user adoption across workflows in large-scale enterprise deployments,” said Gina Smith, Ph.D., Research Director, IT Skills for Digital Business, IDC.

“With a TAM of $34 billion, DAP is poised for explosive growth as companies realize that disjointed digital transformation projects have failed to deliver ROI and, in fact, result in up to $1.14 million in losses weekly per enterprise due to low productivity,” said Dan Adika, Co-founder & CEO, WalkMe. “WalkMe stands at the forefront of innovation and is changing the equation for customers. With a robust portfolio of 23 issued patents and 27 patent applications pending, and AI underscored by 8 issued patents and 14 pending applications, WalkMe is propelling the development of the next generation of our digital adoption platform.”