Profit.co Recognized in Gartner Hype Cycle for the Second Year in a Row
Profit.co’s OKR software features in Gartner’s Hype Cycle for Digital Workplace Applications 2022
Profit.co is an enterprise-class SaaS application built around OKR methodology for businesses to turbocharge goal management and execution in an increasingly Digital Workplace. This recognition from the Gartner Hype Cycle for digital workplace applications validates the market leadership of Profit.co and traction with Global 2000 customers.
Profit.co’s OKR software allows companies and teams to define their goals as OKRs and manage their collaborative execution through the full life cycle of OKRs. Quarterly goals (OKRs) can be broken down to daily “Tasks” and managed through the “Task management” application. Profit.co also provides “Employee Development” and “Employee Engagement” modules to facilitate the people processes in the achievement of goals. Profit.co is the most comprehensive results management platform helping businesses to focus, measure and achieve outcomes.
Since the pandemic, the digital workspace has become more dynamic with new priorities. Global organizations are looking to integrate, align, track and motivate employees dispersed across time zones. The Gartner Hype Cycle states – “OKR application is experiencing a revival of interest and adoption among executives who seek ways to improve strategy execution in their organizations.” The Gartner report further states that “As OKRs move further into the mainstream – as evidenced by large vendors like Microsoft embedding the capability into their productivity suite – OKR applications and components are needed to improve the model’s usability, effectiveness, and scalability”. Therefore, business leaders are rapidly embracing OKRs to bridge the “strategy-execution” gap.
The Gartner listing of Profit.co under the OKR applications category is a testament to the product leadership, the best-in-class OKR software – easy to use, spanning from Strategy to Tasks. Profit.co also offers award-winning 24X7 live support and an outcome-focused OKR coaching and consulting program that helps customers to consistently realize their goals.