Upwork

Upwork to Present at the JMP Technology Conference

Retrieved on: 
Tuesday, February 20, 2024

A live webcast of the fireside chat will be available in the Events and Presentations section of Upwork’s Investor Relations website at investors.upwork.com .

Key Points: 
  • A live webcast of the fireside chat will be available in the Events and Presentations section of Upwork’s Investor Relations website at investors.upwork.com .
  • A webcast archive will be available following the event for approximately 90 days at the same address.
  • Please contact the financial institution hosting the conference for additional details.
  • During the course of these events, Upwork may disclose material developments affecting its business and/or financial performance.

Enterprise Connect 2024 Announces Finalists for Best of Enterprise Connect Industry Awards

Retrieved on: 
Monday, February 26, 2024

Enterprise Connect , the leading conference and exhibition for enterprise communications and customer experience, today announces the finalists for the Best of Enterprise Connect 2024 awards program.

Key Points: 
  • Enterprise Connect , the leading conference and exhibition for enterprise communications and customer experience, today announces the finalists for the Best of Enterprise Connect 2024 awards program.
  • Best of Enterprise Connect recognizes excellence and innovation in the enterprise communications and collaboration industry.
  • Finalists for the Best of Enterprise Connect awards are:
    MiaRec: MiaRec Automated Quality Management and Coaching, which uses generative AI technology to automatically score, summarize, and categorize 100 percent of contact center calls.
  • The exciting capabilities displayed by the innovative products that made the Best of Enterprise Connect finalists show the potential that AI and other cutting-edge technologies have for transforming enterprise communications and CX,” said Eric Krapf, General Manager, Enterprise Connect.

Annual Trends Survey from Center Reveals Corporate Card Usage is Outpacing Software Adoption, Highlighting Need for Integrated Expense Management Solutions

Retrieved on: 
Tuesday, January 30, 2024

BELLEVUE, Wash., Jan. 30, 2024 /PRNewswire/ -- Center, a software company modernizing expense management, today released insights from its fifth annual Expense Management Trends Survey, gathering data from over 200 finance and accounting professionals nationwide. The survey revealed a dichotomy between corporate card usage and expense management software adoption. While nearly half of respondents (46%) report increased corporate card usage, only 2% have increased adoption of expense management software, creating compliance and visibility challenges for employees and finance teams. Other findings show perennial expense management pain points such as laborious month-end closes, minimal user support and policy confusion reemerging YoY amidst a dynamic work landscape and increase in corporate travel.

Key Points: 
  • The survey revealed a dichotomy between corporate card usage and expense management software adoption.
  • While nearly half of respondents (46%) report increased corporate card usage, only 2% have increased adoption of expense management software, creating compliance and visibility challenges for employees and finance teams.
  • While SMEs continue to increase corporate card usage, data from Center's survey shows that adoption of expense management software remains nearly at a standstill.
  • Increased business travel adds another layer of complexity to expense management with GBTA forecasting that corporate travel is expected to surpass pre-pandemic levels in 2024.

Gong Report Finds More Than 80 Percent of Companies Have Missed Revenue Forecasts Over the Last Two Years

Retrieved on: 
Tuesday, January 30, 2024

SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ -- Gong, the Revenue Intelligence leader, today released new research that sheds light on the challenges companies face when developing their sales forecasts and revenue projections. More than 80 percent of companies missed their sales forecast in at least one quarter over the last two years, and the research shows that one of the key issues contributing to this is outdated tech and practices that many companies are still using to develop their forecasts. The study surveyed 2,015 business leaders at privately held companies in the US and UK.

Key Points: 
  • Missed forecasts can cause stakeholders to lose confidence in a business's ability to adapt to economic fluctuations, changing customer expectations, and competitive pressure.
  • Advanced forecasting tools that incorporate technology like artificial intelligence can help increase the accuracy of these projections.
  • "The days of revenue leaders relying on spreadsheets and subjective and partial data to predict sales are over," said Amit Bendov, Gong CEO and co-founder.
  • "Companies struggle to forecast accurately in good times, and the problem is compounded when economic headwinds hit.

Upwork to Report Fourth Quarter and Full Year 2023 Financial Results on February 14, 2024

Retrieved on: 
Wednesday, January 17, 2024

SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the fourth quarter and full year of 2023 on Wednesday, February 14, 2024 after market close.

Key Points: 
  • SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the fourth quarter and full year of 2023 on Wednesday, February 14, 2024 after market close.
  • The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
  • An audio replay of the conference call will be available for one week following the call and will be archived via webcast on the Upwork Investor Relations website at investors.upwork.com for approximately one year.

Coming Off a Year of Tremendous Growth, Outdoorsy Hires Ex-eBay and Upwork Engineering Leader as Chief Technology Officer

Retrieved on: 
Wednesday, January 10, 2024

SILICON VALLEY, Calif., Jan. 10, 2024 /PRNewswire/ -- Outdoorsy Holdings, the leading online marketplace for outdoor travel and hospitality, today announced that Han Yuan has joined the company as Chief Technology Officer. The move comes on the heels of what has been another record year for Outdoorsy. This year alone, the company experienced skyrocketing growth from its proprietary insurtech, Roamly, and launched Outdoorsy Stays in California, Texas, and Colorado. It also launched campground properties in California and Colorado and a glamping retreat in the Texas Hill Country.

Key Points: 
  • This year alone, the company experienced skyrocketing growth from its proprietary insurtech, Roamly , and launched Outdoorsy Stays in California, Texas, and Colorado.
  • Outdoorsy, which achieved profitability in 2023, is on pace to exceed $3 billion in transactions in 2024.
  • Prior to joining Outdoorsy, Yuan served as the Chief Product and Technology Officer at Recharge, a premier subscription commerce engine for the Shopify platform.
  • He previously led engineering at Upwork, where he managed a 300-plus engineering team through the company's IPO in 2018.

Upwork Wins 2023 New Product Innovation Award from Leading Analyst Firm Frost & Sullivan

Retrieved on: 
Tuesday, November 28, 2023

According to the report , Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees for each award before determining the final award recipient.

Key Points: 
  • According to the report , Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees for each award before determining the final award recipient.
  • The process involves a detailed evaluation of best practices criteria across dimensions including new product attributes and customer impact.
  • “We are thrilled to have earned a reputation for trust, growth, and innovation in the global hiring market, reflected in this distinguished recognition from Frost & Sullivan.
  • We remain dedicated to providing best-in-class solutions for customers navigating the ever-evolving landscape of work.”
    To read a comprehensive evaluation from Frost & Sullivan and access the full 2023 New Product Innovation Award profile, visit: https://www.upwork.com/research/frost-sullivan-best-practices-new-produc... .

Upwork to Present at the UBS Global Technology Conference

Retrieved on: 
Tuesday, November 14, 2023

A live webcast of the fireside chat will be available in the Events and Presentations section of Upwork’s Investor Relations website at investors.upwork.com.

Key Points: 
  • A live webcast of the fireside chat will be available in the Events and Presentations section of Upwork’s Investor Relations website at investors.upwork.com.
  • A webcast archive will be available following the event for approximately 90 days at the same address.
  • Please contact the financial institution hosting the conference for additional details.
  • During the course of these events, Upwork may disclose material developments affecting its business and/or financial performance.

Upwork Inc. Recognized with Frost & Sullivan's 2023 Global New Product Innovation Award for Revolutionizing the Global Hiring Platforms Industry with Its Comprehensive and Highly Differentiated Offerings

Retrieved on: 
Thursday, December 14, 2023

SAN ANTONIO, Dec. 14, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the hiring platforms industry and, based on its findings, recognizes Upwork with the 2023 Global New Product Innovation Award. Upwork is the world's largest work marketplace that connects businesses across the globe with independent talent with skills in over 10,000 categories such as copywriting, graphic design, marketing, programming, and artificial intelligence services in over 180 countries.

Key Points: 
  • SAN ANTONIO, Dec. 14, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the hiring platforms industry and, based on its findings, recognizes Upwork with the 2023 Global New Product Innovation Award.
  • The company has since evolved from a freelance hiring platform to a trendsetting multi-product work marketplace that supports a broad range of work arrangements.
  • "Upwork's offerings stand apart in the hiring platforms market as they tap into the changing global work and hiring climate," said Ankita Singh, senior industry analyst at Frost & Sullivan.
  • Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

Upwork Inc. Recognized with Frost & Sullivan's 2023 Global New Product Innovation Award for Revolutionizing the Global Hiring Platforms Industry with Its Comprehensive and Highly Differentiated Offerings

Retrieved on: 
Thursday, December 14, 2023

SAN ANTONIO, Dec. 14, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the hiring platforms industry and, based on its findings, recognizes Upwork with the 2023 Global New Product Innovation Award. Upwork is the world's largest work marketplace that connects businesses across the globe with independent talent with skills in over 10,000 categories such as copywriting, graphic design, marketing, programming, and artificial intelligence services in over 180 countries.

Key Points: 
  • SAN ANTONIO, Dec. 14, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the hiring platforms industry and, based on its findings, recognizes Upwork with the 2023 Global New Product Innovation Award.
  • The company has since evolved from a freelance hiring platform to a trendsetting multi-product work marketplace that supports a broad range of work arrangements.
  • "Upwork's offerings stand apart in the hiring platforms market as they tap into the changing global work and hiring climate," said Ankita Singh, senior industry analyst at Frost & Sullivan.
  • Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.