Smartsheet Among Apps Top 500

10500 NE 8th Street Suite 1300

Bellevue, WA, 98004, USA

1 844-324-2360

https://www.smartsheet.com/

277
List of Verified Smartsheet Customers

Smartsheet Recent Developments

In 2018, Smartsheed has closed its initial public offering of Class A common stock and the full exercise of the underwriters’ option to purchase 1,745,088 additional shares. Smartsheet sold 11,745,088 shares and the selling shareholders sold 1,633,920 shares, including the shares sold upon exercise of the underwriters’ option to purchase additional shares. The shares began trading on the New York Stock Exchange on April 27, 2018 under the symbol “SMAR.” In July 2018, Smartsheet launched Smartsheet Accelerators, a set of industry-proven solutions that enable customers to better manage work management scenarios for IT PMO, Mergers and Acquisitions (M&A), and Professional Services. Smartsheet is releasing three distinct Accelerators chosen for their ability to deliver immediate business value by leveraging best practices gained from insights across the company’s thousands of customers. IT is an increasingly important driver of the business. The Smartsheet Accelerator for IT PMO optimizes the entire IT project lifecycle, from project prioritization through tracking, executive reporting, change management, and project archiving. The Accelerator delivers transparency, consistency and speed, with an easy-to-use interface that drives rapid user adoption. Customer service managers will tell you that the onboarding phase of a customer relationship is critical. The Smartsheet Accelerator for Professional Services helps ensure success right from the start. Standardized plans, client reports and dashboards, consolidated portfolio reporting, and rich integrations with CRM systems like Salesforce help services leaders onboard customers effectively and on-time, every time. This ensures a better experience and helps increase lifetime customer value. An efficient, standardized process can shorten the time to impact of a merger or acquisition by weeks or months, and the Smartsheet Accelerator for M&A helps close deals faster. Operational frameworks for evaluating acquisition targets, tracking pre-deal and deal due diligence activities, managing multiple workstreams and planning the integration allow M&A leaders to navigate a complicated, high stakes process as quickly as possible.

Smartsheet M&A Activities

At the beggining of 2018, Smartsheet acquired business automation chatbot startup Converse.AI.

Smartsheet Key Enterprise & Cloud Applications

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SCORES Analysis

Smartsheet Strengths

Smartsheet enables teams to get work done fast and efficiently. Smartsheet is a cloud-based platform for work execution, enabling organizations to plan, capture, track, automate, and report on work at scale, resulting in more efficient processes and better business outcomes. Smartsheet empowers collaboration, drives better decision making, and accelerates innovation for over 74,000 brands in 190 countries, including 90 percent of the Fortune 100.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Smartsheet Revenues, $M:

Type/Year 2016 2017 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Smartsheet Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Smartsheet Revenues By Region, $M

Region % of Total Revenues 2017 Total Revenues, $M 2017 Enterprise Applications Revenues, $M 2017 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Smartsheet Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Smartsheet Customers

No. of Customers: Subscribe

No. of Enterprise Applications Customers: Subscribe

No. of Cloud Customers: Subscribe

No. of Cloud Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Smartsheet Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Smartsheet Risks

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  • Ability to handle internal and external risk and challenges

Smartsheet Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Smartsheet Cloud Infrastructure Insights

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).




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