Workdocs has 2 main features: 1) Real-time engine 2) Document connectivity. With this product, customers now have the ability to manage their work, ideas & data in an unstructured format. Importantly, introduced a product called "Workdocs." This is a feature that is similar to Google Docs, where multiple individuals can work together on a note-taking document at the same time and they can incorporate widgets, and charts into Workdocs. Over the past year, customers have automated over 900M actions." The company's management team said " No-code automation and integrations is already being used by 100% of enterprise customers. Secondly, they have more automation features for users to easily automate manual or repetitive tasks. appears to have more low-code/no-code application building capabilities of the software. The biggest difference from my research is that MNDY has more automation features and they just introduced a new product called Workdocs (to be discussed later). Our platform also integrates with other systems & applications, creating a new connective layer for org that links departments & bridges information silos." By using our platform our customers can simplify and accelerate their digital transformation, create a unified workspace across departments & increase operational efficiency & productivity. It consists of modular building blocks that allow our customers to create their own software applications and work management tools. Our cloud-based platform is a no-code/low-code framework. "We revolutionized the way people use software, giving them the same low-code/no-code capabilities once reserved for software creators and designers. This is a phrase of how they define their product and business model: Monday aims to be the "Work Operating System (OS)" for the modern enterprise. Teams and individuals use it for communication and managing their workflows using Gantt charts and dashboards for teams to work together seamlessly. has a fully integrated project and collaboration software that offer similar services discussed above. Asana now has over 20+ partners for their enterprise security features through partnerships with Okta and Netskope to provide both identity management and cybersecurity secure edge services.Īnother difference for Asana is that they have more technology ecosystem partners through the introduction of their Asana Partner Network that allows Asana to easily integrate into the other popular enterprise products and allows them to easily tap into a large array of channel partners. The major difference is that the Work graph has capabilities around providing a team with more security and data governance embedded into a company's existing software. They provide all the services discussed above.Īsana defines its mission as " Help humanity thrive by enabling the world's teams to work together effortlessly."Īsana's core product offering for Enterprise is their relational database product called " Work Graph." It is made up of a company's mission, objectives, unit of work like tasks, goals, information, and processes involved. They successfully help teams manage coordination, content, and communication. ![]() Business Overview Asana:Īsana is a work management platform that enables teams to manage their daily tasks to cross-functional strategic initiatives. There is the predominant presence of Atlassian (Jira and Trello), Microsoft projects, Notion, Airtable, Google Notes, and many more platforms that provide these features for the enterprise and individual users. The project and task management industry is extremely competitive. ![]() ![]() Increasingly, these companies have introduced more low-code/no-code features for enabling the building of applications on their platforms, they have added more automated features and are gradually moving into more Customer Relationship Management and campaign management aspects of the organizations. ![]() IntroductionĪsana and are platforms that help modern enterprises and organizations with Project and task management, Status tracking, Calendar views, Organizer, communication, and Team Collaboration. This article explores some of the critical differences from a business and technological perspective for both companies. As the modern enterprise undergoes full digitization to the cloud, many corporations appear to be turning away from sticky notes, pen & paper, and manual project management software to more fully automated, easy-to-use project management and workflow systems to capture all that information on the cloud. AndreyPopov/iStock via Getty Images Investment SummaryĪsana ( NYSE: ASAN) and ( NASDAQ: MNDY) have compounded over 50%+ YoY growth rates consistently since 2015 till date.
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