Smartsheet vs Wrike

2021. Citrix is acquiring Wrike for $2.25B



Citrix, which sells network security and desktop virtualization software tools, is trying to expand into the collaboration space by acquiring the work management platform provider Wrike in a deal valued at more than $2 billion. The Wrike platform is a digital work management tool that teams can use to track dates and dependencies associated with projects, manage assignments and resources, and track time. It also provides collaboration tools designed to aid in conversations, asset creation and decision-making. Recently Citrix's main focus has been on Citrix Workspace, which combines various collaboration tools. And, of course, the technology and experience of Wrike will be very useful for the development of this product.


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).


2019. Smartsheet acquires Slope to help creatives collaborate



Smartsheet, the project management and collaboration tool has acquired Slope - collaboration tool designed for sharing creative assets. Bringing Slope into the fold will enable Smartsheet users to share assets like video and photos natively inside the application, and also brings the ability to annotate, comment or approve these assets. Smartsheet sees this native integration through a broad enterprise lens. It might be HR sharing training videos, marketing sharing product photos or construction company employees inspecting a site and sharing photos of a code violation, complete with annotations to point out the problem.


2018. Wrike integrates with Microsoft Teams


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.


2018. Smartsheet got $1.9 billion valuation after IPO



Online project management and crowdsourcing company Smartsheet saw its share prices pop as they made their debuts on to the public markets. Smartsheet closed at $19.50, up 30 percent from its initial price of $15 and giving it a market cap of $1.9 billion. The company is coming to the market with net losses on its balance sheets, but evidence of strong revenue growth. Smartsheet reported a strong 3.6 million users in its IPO filings, with business customers including Cisco and Starbucks. The company brought in $111.3 million in revenue for its fiscal 2018 year, but as with many SaaS companies, it’s going public with a loss.


2017. Collaboration service Smartsheet gets $52M



Smartsheet, the service providing spreadsheet software that lets people set and manage tasks and work across teams of people, has picked up $52 million. The company currently has about 70,000 businesses paying to use the product, ranging from SMBs through to large enterprises. This works out to around 550,000 licensed customers, and “a few million” people who use it free of charge. Smartsheet was an early mover in that space, opening up for business in 2006 as an alternative to Google Docs, Excel and other spreadsheet packages on the market, with a firm focus on offering a way for multiple people to collaborate in those documents to use them more dynamically.


2016. Wrike launched project management tool for marketers



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


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. Smartsheet helps companies to visualize their teamwork


Smartsheet, the spreadsheet-based project and work management platform, is now making it easier for companies to understand how their employees actually work and to get better visibility into what’s happening in their companies. Ideally, that means tracking all the different projects and people involved in them in a company. With Smartsheet Account Maps you can see who runs most of the projects in a group, for example (which is great for when you ask for a raise) or who doesn’t (which isn’t so great when it’s time for your annual report). But you can also see the connections between different groups. By default, Smartsheet makes a basic map available to all users.