Smartsheet Surpasses $1 Billion in Revenue, Driven by AI Integration

Business software company Smartsheet has achieved a significant milestone by surpassing $1 billion in annualized recurring revenue in the fourth quarter, as announced during its recent earnings report. Despite challenges posed by cautious spending among customers, CEO Mark Mader remains optimistic about the company’s growth trajectory, emphasizing the heightened demand for technology solutions, particularly those integrating artificial intelligence (AI) for enhanced efficiencies and capabilities.
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Smartsheet, headquartered in Bellevue, Washington, specializes in cloud-based enterprise work management technologies, catering to businesses for project management, collaboration, data storage, task automation, …
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