Monday.com vs Wrike
Last updated: October 21, 2020
monday.com is an intuitive team management platform for effective teamwork. Teams use monday.com to plan, organize and track their work in one visual, collaborative space.
Juggling multiple projects? Wrike makes it easy and efficient for you. It lets you easily adjust plans on the Gantt chart, optimize schedules in the workload view, create custom reports, track time and much more — all with a few mouse clicks.
Monday.com vs Wrike in our news:
2020 - Wrike launches new AI tools to keep your projects on track
Project management service Wrike today announced a major update to its platform at its user conference that includes a lot of new AI smarts for keeping individual projects on track and on time, as well as new solutions for marketers and project management offices in large corporations. Wrike can now predict potential delays and alert project and team leaders when it sees events that signal potential issues. AI based Task prioritization helps you figure out what you should focus on right now to help a project move forward. Another new feature that falls into this category is support for optical character recognition to allow you to scan printed and handwritten notes from your phones and attach them to tasks (iOS only). Also there are voice commands (through Siri on iOS) and Gmail-like smart replies (in English for iOS and Android).
2020 - Monday.com now lets companies build custom apps
Monday.com, announced version 2.0 of its flexible workflow platform, making it easier for customers to build custom apps on top of Monday. The new release includes over a hundred prebuilt automation recipes and code-free custom-automations along with more than 50 integrations with other apps, allowing project managers to build fairly sophisticated workflows without coding. It’s process management, portfolio management, project management, CRM management, hotel management, R&D management. Monday is offering a code-free environment to take these building blocks and build custom applications to meet the needs of any organization or team.
2019 - Workplace collaboration software Monday.com raised $150M
Monday.com, one of the faster growing workplace collaboration platforms has announced a $150 million round at $1.9B valuation — a whopping raise that points both to its success so far and the opportunity ahead for the wider collaboration space, specifically around better team communication and team management. It now has 80,000 organizations as customers, up from a mere 35,000 a year ago, with the number of actual employees within those organizations numbering as high as 4,000 employees, or as little as two, spanning some 200 industry verticals, including a fair number of companies that are non-technical in their nature (but that still rely on using software and computers to get their work done). The client list includes Carlsberg, Discovery Channel, Philips, Hulu and WeWork and a number of Fortune 500 companies.
2018 - Wrike integrates with Microsoft Teams to take on Microsoft Project
Own Microsoft's project management tool for Office 365 (Microsoft Planner) - is not so popular yet. That is why integration between team messenger Microsoft Teams and popular project management service Wrike makes sense. First of all the integration allows companies to use single sign-on for Office 365 and Wrike user-accounts. Second, in any Teams chat you can add Wrike's tab with needed project, where you can work with task list and timeline view. Any task can be published to Teams chat for discussion and collaboration. Besides, in Teams chat you can automatically receive project notifications from Wrike. It's very easy to connect Wrike to Teams - it takes just several clicks in the Teams Store.
2016 - Wrike launched project management tool for marketers to keep up with Smartsheet
Project management service Wrike is looking at how it can better serve certain verticals through more specialized products. With Wrike for Marketers, the company launched the first of its new vertical solutions this week. Targeting marketers was an easy choice because 40 percent of the company’s new revenue is already coming from this vertical. Unsurprisingly, the product was designed around the typical marketing workflow, which often revolves around briefs, requests, assignments, reviews and approvals. The Wrike team also noticed that a lot of the creative work in marketing agencies happens in Adobe tools like Photoshop and InDesign. To integrate these into Wrike, the company built an extension for the Adobe Creative Cloud that brings some of Wrike’s features right into Adobe’s tools.
2015 - Project management service Wrike raised $15M
Project management and collaboration platform Wrike has raised a $15 million Series B round. “At a time of huge digital transformation in the workplace, our customers were stuck with a choice between overly complex enterprise IT solutions that were impractical, or overly simple tools and apps that don’t scale,” said Wrike CEO and Founder Andrew Filev in a canned statement. “Our goal was to bridge that gap with our enterprise product and focus on smoothly integrated, scalable customization. Now each customer can easily configure Wrike to support their unique business goals.” He also argues that its recent addition of new customization options has allowed it to gain extra traction in the enterprise world, where it’s typically quite a hassle to add individualized features to services like Wrike.
2014 - Project Management app Wrike improves customization options to win over Basecamp
Work management and collaboration service Wrike unveiled so-called “dynamic platform,” that gives users the ability to customize the service to their needs. The new Custom Fields let you configure each project to track exactly what you need. Need to track budgets? Priority? Custom statuses? No problem. Whether you’re in Product Development, Marketing, Finance, or any other team, you can now configure your projects with exactly what matters to you. This feature is available to Wrike Enterprise customers. Also the new feature is Table View that works like a spreadsheet, making it easier to use for project planning. Besides, Wrike added integrations with Evernote, Wufoo, Zendesk, and more tools.
2014 - Wrike allows to convert any web page into task. Redbooth is in panic
Popular project management service Wrike added a clever Chrome extension that lets users annotate the web. Using the extension, Wrike users can not only pull in information from any website, but more importantly, when other team members land on that site, they will see that there are tasks associated with it. In a way, this is similar to web annotation tools, but none of those have ever had much impact, likely because they weren’t integrated into any other productivity applications. Other new features include the ability to include outside parties to Wrike projects, something the company argues is especially important for agencies that work with their clients.
2013 - Wrike turns into Google Wave to stand out over Microsoft Project
Remember Google Wave? That was the super-app for collaboration that Google has closed. But, as you know, not everything that Google closes - is bad thing. That's why it's not surprising that other providers are following Google Wave's best practices. For example, the project management service Wrike. Last year Wrike implemented real time collaboration editing of task and project pages. And now they have added the "playback" feature that allows to track text changes. So If you were offline or was busy doing other things for a while and then come back to the task - you can quickly run through the change history of the task from the beginning to the end. You can also roll back the task to one of the intermediate versions. In general, if you now look at the Wrike interface right now, you'll definitely remember the Google Wave.
2012 - Socialcast and Wrike go freemium
Freemium scheme is becoming more and more popular in the Enterprise 2.0 space. Two more popular SaaS services Socialcast and Wrike - have released the free versions with wide feature set. Socialcast - is the service for building corporate social networks, which is owned by VMWare. Unlike its main competitors (Chatter and Yammer), which offer free versions for unlimited number of users, but with limited functionality, Socialcast is offering free subscription for up to 50 users, but without any functional limitations. The main advantage of this offering is the high level of security and administrative tools.
Wrike - is a popular online project management tool. The free version of Wrike will be attractive for small businesses and workgroups. It is designed for 5 users, that can create and assign tasks and unlimited number of collaborators that may participate in the teamwork (for example, it may be clients or freelancers). Note that the free version (unlike the paid) doesn't include Gantt Chart and time-tracker.