TOKYO & TEL AVIV, Israel–(BUSINESS WIRE)–monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organizations of any size can build the tools and processes they need to manage every aspect of their work, has expanded its global presence in Japan with an office in Marunouchi, Tokyo. The company celebrated the milestone with a press event at Andaz Tokyo, which included presentations by Dean Swan, monday.com Regional Vice President for Asia Pacific and Japan, and Koji Watanabe, Country Manager from monday.com for Japan.
Over the past two years, monday.com has seen a 187% increase in annual recurring revenue in Japan from 2021 to 2022, and currently serves more than 500 paying customers in the region. The monday.com Work operating system is fully localized in Japanese. The company also announced the appointment of Mr. Koji Watanabe as Country Manager for Japan. Mr. Watanabe leads a team currently focused on customer success, marketing, sales and partnerships in the region.
monday.com already works with several well-known local partners such as Hitachi Solutions, NTT DATA Global Solutions Corporation, Gaprise, TalentA Corp. and others to increase its local customer base in Japan, and obtained well-known local customers. such as Eisai Co., Ltd, Kumon Institute Education Co. Ltd., Moneytree and many more. Additionally, to further support the growth of the channel, monday.com is building its own partner infrastructure and fostering a self-sustaining ecosystem, underpinned by strategic partnerships in the region. To date, monday.com has partnered with over 150 distribution partners operating in over 45 countries around the world.
“It’s an exciting time for monday.com as we continue to grow our presence in the Asia Pacific region and Japan with our commercial launch in Tokyo and Singapore,” said Mr. Dean Swan, Regional Vice President. from monday.com for Asia Pacific and Japan. “We look forward to working with our customers and partners in Japan, helping to strengthen their team alignment, efficiency and productivity in their business.”
monday.com recently conducted a survey of over 1,000 Japanese workers to better understand local digital transformation progress in the region. Around 60% of respondents felt that their companies were not doing enough to improve business efficiency and embrace the digital transformation taking place globally, and that implementing too many types of software led to other inefficiencies. However, 42.9% of respondents indicated that “task management” software had a positive influence on improving business efficiency, including increased communication between teams.
“These data present an exciting opportunity as digital transformation continues to sweep across the region and low-code/no-code software become more integrated into the workplace,” said Mr. Koji Watanabe, Country Director of monday.com for Japan. “Workers are clearly expressing their need for a more efficient and flexible work environment, with solutions that will help them better achieve operational efficiency and improve work-life balance. At monday.com, that’s exactly the service we look forward to providing businesses across Japan and beyond. »
Visit the official Japanese monday.com website: https://monday.com/lang/ja/.
The monday.com Work OS is an open platform that democratizes the power of software so organizations can easily create work management tools and software applications to meet all their needs. The platform intuitively connects people to processes and systems, enabling teams to excel in all aspects of their work while creating an environment of business transparency. monday.com has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv, Warsaw, Sydney, São Paulo, Singapore and Tokyo. The platform is fully customizable to fit any industry and is currently used by over 152,000 customers in over 200 industries in 200 countries and territories.
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