Wrike Named a Leader in IDC MarketScape for Worldwide Work Management and Project and Portfolio Management 2020

Company Recognized for Its Strong Collaborative Platform, Business, Marketing, Delineated Security Offerings, and Emerging Professional Services Focus

SAN JOSE, Calif.--(BUSINESS WIRE)--Wrike, the most versatile collaborative work management platform, has been named a Leader in the IDC MarketScape for Worldwide Work Management and Project and Portfolio Management (doc #US45940620, January 2020).

According to the IDC MarketScape, the focus areas for this market include “work management–specific capabilities in the context of coordination with project and portfolio management functionality, with established, significant numbers of user deployments, intuitive access, and support of highly collaborative approaches across business initiatives, IT, and new product development.” Vendors assessed in the IDC MarketScape needed to demonstrate “deep, granular work management–specific functional capabilities available for excellence and/or partnerships to augment foundational project and portfolio management functionality.”

“Enterprises today are compelled to deliver innovation at the rapid clip of customer expectations,” said Wrike CEO Andrew Filev. “This calls for greater versatility into the way work is coordinated and complex projects are managed. A platform that combines the simplicity of a single source of truth with the power of automation and intelligence, is now essential to not only meet customer demand, but prime an organization for future growth. We’re grateful to be recognized by the IDC MarketScape for our efforts in this space.”

IDC MarketScape criteria selection, weightings, and vendor scores represent well-researched IDC judgment about the market and specific vendors. IDC analysts tailor the range of standard characteristics by which vendors are measured through structured discussions, surveys, and interviews with market leaders, participants, and end users. Market weightings are based on user interviews, buyer surveys, and the input of IDC experts in each market. IDC analysts base individual vendor scores, and ultimately vendor positions on the IDC MarketScape, on detailed surveys and interviews with the vendors, publicly available information, and end-user experiences in an effort to provide an accurate and consistent assessment of each vendor's characteristics, behavior, and capability.

"IDC sees adoption of work management solutions for dynamic execution and innovative decision making via automation to enable speedy responsiveness and invocation of dynamically changing initiatives," said Melinda Ballou, research director for IDC's Agile ALM, Quality and Portfolio Strategies service. "Complementing these capabilities, increasingly, we observe demand for collaboration, workflow, and highly intuitive interfaces for an easy on-ramp coordinated with sufficient project and portfolio management approaches for businesses and technology helping focus teams with targeted execution, cutting delays to benefit, and improving metrics."

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Wrike

Wrike is the most versatile work management platform for the enterprise. It can be easily configured for any team and any use case to transform how work gets done. Wrike’s feature-rich platform puts teams in control of their digital workflows, enabling them to focus on the most important work, maximize potential, and accelerate business growth. Headquartered in San Jose, CA, more than 20,000 customers, including Hootsuite, Tiffany & Co., and Ogilvy, and 2M+ users across 190 countries depend on Wrike to help teams plan, manage, and complete work at scale. For more information, visit: https://www.wrike.com/.