Now, when you upload a document version with a different filename than that of the existing version, the new filename displays in Workfront. The top 10 competitors average 866. The top 10 competitors average 337.9M. Workfront Fusion is an integration platform that enables customers to connect Workfront to multiple third-party applications. The Client The first modern work management application platform that connects enterprise work, collaboration, and digital content into an operational system of record, Workfront has helped thousands of companies successfully transform their businesses into modern enterprises that increase revenue, improve customer experiences, and eliminate cost. Preview release: August 26, 2019. [33] That same year, the company was named to Forbes inaugural Cloud 100 List[4] and included on the Deloitte Fast 500 list for the fourth consecutive year.[34]. [22][23] The company announced a 50 percent year-over-year subscription growth rate. [35] The survey showed that among the 526 marketing professionals, four out of five employees experienced burn out and 73 percent expected a rise in work stress levels. ® Workfront One. Builds on Record Growth and Leadership in Enterprise Work Management. Workfront conducted a survey that showed top causes for workplace stress were excessive workloads and competing deadlines, a lack of communication and visibility into the work done by others on the team and poor access to resources to complete work. Workfront is a leading work management platform for marketers with more than 3,000 customers and more than a million users. Workfront also attracts users outside of the marketing realm, Ross pointed out, and it will be interesting to see how the company, under new ownership, continues to serve those customers. Check on Workfront … Check on Workfront … On Aug. 6, 2020, the company issued a new commissioned study conducted by Forrester Consulting on behalf of Workfront quantifying the Total Economic Impact™ (TEI) and benefits of Workfront. Adobe has announced its intent to acquire Workfront for $1.5 billion. (More about that below.) [44][45][46], In 2016, Workfront conducted a State of Enterprise Work Report that found American marketers who work at large companies spent only 39 percent of their work time doing the job they were hired for. Our 2018 systems net bookings include 1 EUV system shipped in Q4 2018 and our 2019 systems net bookings include 1 DUV system shipped in Q3 2019, both shipped to collaborative Research Center (Imec). Cost: $600 per license, per year 2. Workfront is a cloud-based Enterprise Work Management solution that helps marketing teams, creative agencies, and other enterprise teams conquer the chaos of excessive email, redundant status meetings, and disconnected tools. It can also track Actual Revenue automatically when Actual Hours are logged on the tasks, issues, and on the project. [9][12][13] The company’s software has been implemented by Emerson and the State of Arkansas court system to standardize project management process including collaboration and document control. [18] The nascent company was boot-strapped and funded in part by a second mortgage Johnson took out on his home. Workfront enabled entire teams to prioritize their work according to the needs of the business and ensure the highest priority initiatives had the right level of focus. Come and hear why Sage choice Workfront to be their work management platform, the benefits they are … Workfront had only raised $100MM until 2019, when it agreed to a secondary investment of $280MM Workfront’s annual revenue is $200MM Workfront has 3,000 paying customers; among them 50 out of 100 Fortune 100 companies Workfront offers an extremely customizable yearly subscription model where users pay per license. You'll learn how the company achieved great results, with discussions on unique use cases, third-party integrations, or the "We are pleased to partner with W Capital,  Susquehanna, and AB Private Credit to support the next phase in our growth and innovation mission, helping people around the world get their best work done. [27][28] The acquisition integrated over 350 joint clients between the two companies, however, ProofHQ continues to be sold separately. SILICON SLOPES, Utah, July 17, 2019 /PRNewswire/ -- Workfront ®, the first work management application platform for the enterprise, today announced that the company has been positioned by Gartner, Inc. in the Visionaries Quadrant of the Gartner Inc., 2019 Magic Quadrant for Project and Portfolio Management, Worldwide 1. Goldman Sachs & Co. LLC served as exclusive placement agent, and Goodwin served as legal counsel to Workfront. Why Workfront At Workfront, we pride ourselves by putting our employees at the forefront of our ethos, alongside a product we believe to be the best in the market. [1][17] Joseph Cardenas joined AtTask’s board of directors in April 2007. "Workfront's groundbreaking platform, robust partnerships, and proven track record helping the world's largest companies transform the way work gets done create significant, long-term growth opportunities. SILICON SLOPES, Utah, Sept. 12, 2019 /PRNewswire/ -- Workfront®, the first modern work management application platform for the enterprise, announced that its continued growth and industry leadership has landed it a spot on the 2019 Forbes Cloud 100 for the fourth consecutive year. Revenue Specialist at Workfront, an Adobe Company South Jordan, Utah 58 connections. Wasteful meetings and excessive emails topped the list of productivity killers, forcing workers to spend less than half of their time on the work they were actually hired to do. Workfront's revenue is the ranked 4th among it's top 10 competitors. The company was founded in 2001 by Scott Johnson. , a leading  Join to Connect Workfront. Learn more. Existing investors Openview, Greenspring, and JMI Equity remain significant investors in the company. Workfront Completes $280 Million Strategic Secondary Investment. 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