Profit.co Recognized in Two Gartner® Hype Cycle™ Reports 2021

Profit.co is mentioned in two of the prestigious Gartner Hype Cycle Reports as a vendor for OKR applications. Profit.co is a software solution that helps organizations manage and achieve their Objectives and Key Results.

Profit.co, an intuitive, cloud-based Objective and Key Results (OKR) technology company, announced today that it is mentioned in two recent Gartner Hype Cycle reports: 

  • Hype Cycle for Human Capital Management Technology, 2021
  • Hype Cycle for the Digital Workplace, 2021

Gartner has identified Profit.co as a vendor for OKR applications in two 2021 hype cycle reports. According to the Gartner Hype Cycle for Human Capital Management Technology, "As OKRs move further into the mainstream, OKR applications are needed to improve the model's usability, effectiveness, and scalability. Without appropriate tooling, OKRs can be a laborious method to utilize. The level of effort that an undertooled OKR program requires prevents many organizations from making use of OKRs and undermines the value it can deliver for the ones that have adopted them."

In the Hype Cycle for the Digital Workplace, Gartner states, "By deploying OKR applications, organizations are able to: Expand the scale and complexity of their deployments, without compromising on important methodological aspects such as alignment and transparency or risking pitfalls such as stakeholder pushback and employee inertia and save on the expenses of developing internal tools or customizing general-purpose tools that an in-house approach to achieving an adequate level of tooling would require." 

Profit.co's OKR management tool combines with four other powerful modules to help business leaders manage their OKRs, strategy, tasks, employee engagement, and performance management on one intuitive platform that keeps quarterly objectives and key results at the center of all business processes. Profit.co enables users to focus on what is most important in their business, measure substantive outcomes, and achieve more, more efficiently. 

Additional Resources

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Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner's research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 

About Profit.co

Founded in 2018, Profit.co, HQ in Fremont, California, USA, is an enterprise OKR platform, integrated with Performance Management, Task Management, Employee Engagement, and Strategy execution. With its easy-to-use UI, Profit.co enables businesses to practice OKRs at every level of an organization. It allows users to align vertically with their management or horizontally across different departments, helping ensure complete alignment of OKRs across the organization. Learn more at Profit.co or connect on LinkedIn, Twitter, and Facebook.

Media Contact:
Divya Joseph
divya@profit.co

Source: Profit.co

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Categories: IT Security

Tags: Gartner Hype Cycle, Gartner mention, Goal managementing, OKR implementation, OKR Learning, OKR Software, OKRs