Latest news with #monday
Techday NZ
4 days ago
- Business
- Techday NZ
monday.com expands partner programme with AI & service focus
has announced the expansion of its partner programme with the introduction of two new specialisation frameworks focusing on AI and Service. The new frameworks follow the company's existing CRM specialisation, which has seen measurable growth over the past year. According to since the CRM framework's inception, over 40 partners globally have achieved CRM Specialist status, with this number more than doubling year-on-year. Specialist Partners now contribute 50% of CRM channel annual recurring revenue (ARR), a figure which signals strong engagement within this segment. The company stated that Specialist Partners have been instrumental not only in driving revenue but also in developing tailored solutions for specific industries and verticals, such as healthcare, construction, and real estate. Partners have also invested in dedicated CRM sales teams and have held CRM-focused meet-ups and events. The new AI and Service specialisations aim to enhance transformation into a multi-product platform and to ensure that partners remain aligned with areas of strategic product development. Specialisation frameworks The AI Specialisation framework is designed to recognise partners that excel in AI consulting and implementation for joint customers worldwide. Partners seeking this specialisation need to demonstrate success in AI-related business deals and widespread adoption of AI features among their client base. In return, partners receive a public badge in the Partner Directory, dedicated enablement and product team access, lead prioritisation for AI services, and eligibility for additional Market Development Funds (MDF). The Service Specialisation framework focuses on partners with proven expertise in delivering monday Service solutions. Requirements include reaching specific sales and ARR thresholds for large service deals, employing dedicated service sales staff, and fulfilling certification requirements. Successful partners receive a public badge, focused enablement, product team access, and prioritisation in lead and project distribution, alongside additional MDF eligibility. Momentum from CRM specialisation Reflecting on the partnership programme's evolution, pointed to the CRM specialisation as a key factor in its decision to broaden its specialisation offerings. The company noted that the CRM framework provided a clear differentiation path and new revenue streams for partners, as well as improving alignment on strategic products and enhancing customer value. Specialist Partners are now recognised for their ability to deliver consistent quality, as well as for their adaptation to vertical or industry-specific requirements. This, according to enables customers to more easily identify and engage with partners based on clear and verified areas of expertise. "As continued evolving into a multi-product platform, it identified an opportunity to better position partners as product-specific experts, particularly for solutions that are strategic to the company. This realisation led to the launch of the CRM specialisation framework, designed to recognise and promote top CRM Partners on a global scale." The company's list of notable CRM specialist partners includes Workiflow, Carbonweb, Eligeo, Ability Ops, Orange Dot, Evero, Tryve, Omnitas, Blinno, Upstream, FullCRM, Cloudcache Consulting, Sypsoft, and Programme features and recognition The partner programme is structured with tiering reviewed bi-annually, in January and July, with specialisation badges and benefits awarded based on performance in the preceding 12 months. describes its partner programme as offering flexible tiering, diverse revenue streams, and comprehensive support. Partners that invest in the ecosystem and pursue specialisations are given access to additional hands-on support from the company. The introduction of the AI and Service specialisations is intended to ensure that both partners and customers are positioned to benefit from the broader product suite and continued platform evolution. Partners who achieve these specialisations receive visibility enhancements, additional engagement opportunities, and access to expanded revenue streams. Customers are also expected to benefit from the enhanced ability to find partners matched to their needs for AI and service projects. "For partners, they offer an additional revenue stream and a clear path to differentiation, improved visibility, lead prioritisation, and deeper engagement with the partner programme. For specialisations strengthen its position as a multi-product platform, enhance value for joint customers, and ensure partners are aligned with key strategic products. For joint customers, specialisations provide an easier way to identify and engage with partners based on verified expertise, vertical alignment, and consistent quality of delivery." The company said the expansion of specialisations is shaped by the outcomes and learnings from its CRM initiative, and it expects the new frameworks to further develop its partner ecosystem and the quality of customer outcomes.
Yahoo
31-03-2025
- Business
- Yahoo
monday.com (NasdaqGS:MNDY) Reports Robust Q4 2024 Earnings With 5% Price Increase Over Last Quarter
experienced a 5% price increase over the last quarter, amidst broader market volatility. The company's robust Q4 2024 earnings, reflecting a notable rise in sales and net income, coincided with the launch of its AI-first Enterprise Service Management product. Additionally, monday's partnerships with tech giants like Microsoft and Google Cloud signal an enhancement of its cloud infrastructure, likely bolstering investor confidence. Despite market challenges like looming tariffs and a downturn in major indices, MNDY's strategic advancements appear well-received by investors, contributing to the firm's positive share price movement against the broader declining trend. Buy, Hold or Sell View our complete analysis and fair value estimate and you decide. Uncover the next big thing with financially sound penny stocks that balance risk and reward. Over the past three years, achieved a total shareholder return of 40.51%, aligning with its strategic decisions and market positioning. This performance stands out, especially considering that in the last year, the company's return surpassed both the US Software industry, which declined by 3%, and the wider US Market's 5.8% increase. Key developments contributing to this performance include the introduction of monday service, an AI-driven platform, increasing enterprise customer engagement and raising average contract values. The February 2025 earnings announcement highlighted a significant rise in both quarterly and annual revenues, accompanied by improved net income figures, showcasing robust business growth. Partnerships, such as the one with Rewind for data protection solutions, have enhanced the company's service offerings and strengthened its position. Additionally, the move to a larger Denver office reflects sustained growth in North America, supporting further expansions. Examine earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:MNDY. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
