Mavenlink Named on the Constellation ShortList™ for Social Task Management

IRVINE, Calif., March 10, 2017 /PRNewswire/ -- Mavenlink, the leading cloud-based software for the modern services organization and a Gartner Cool Vendor*, has been named to the Constellation ShortList™ for Social Task Management. Considering the rapid transformation taking place across industries, success requires rethinking the core mission and business model of an organization. The companies included on the Constellation ShortList provide the key functionality and requirements for early adopters pursuing digital transformation initiatives.

Mavenlink's award-winning technology solution unifies all essential business functions of a services organization. With Mavenlink, client-based businesses can plan and deliver project work, manage financials, effectively allocate resources, and collaborate with distributed teams and clients — all on a single platform. In addition to the benefits of boundless collaboration and improved project execution, Mavenlink customers report immediate returns by increasing margins, improving utilization rates, and improving forecast precision around revenue and resource needs. The company's customer base includes Genpact, Salesforce.com, Cornerstone OnDemand, and Buzzfeed, as well as thousands of other consulting firms, IT services organizations, creative agencies, and professional services teams around the globe.

"We are honored Mavenlink has been recognized by Constellation for its modern and contextualized social task management capabilities," said Ray Grainger, Mavenlink CEO and co-founder. "The future of work is here, and we're helping to enable more collaborative work and distributed business execution for consultancies, agencies, and professional services organizations around the world. This recognition serves as additional fuel for us as we pursue our ambitious vision and goals."

"Form must follow function in digital transformation. Once you craft the right digital business models, you'll need the right digital technologies for success," said R "Ray" Wang, chairman and founder at Constellation Research. "As organizations implement digital programs to disrupt an industry, employment of the right tools will determine whether or not the program is successful; each Constellation ShortList guides companies to the right technologies for their transformation initiatives."

Constellation advises early adopters using disruptive technologies to achieve business model transformation. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined by Constellation Research through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.

Mavenlink recently announced it received a $39 million investment from Goldman Sachs. Visit Mavenlink.com/Press for more information on the company's recent news and awards.

About Mavenlink
Mavenlink delivers enterprise-class Software as a Service (SaaS) that transforms how services organizations work with distributed teams, contractors and clients around the globe. Mavenlink's innovative technology suite enables teams of any size to successfully manage and scale their people, projects, and profits. Consulting firms, IT services organizations, creative agencies, and professional services organizations in more than 100 countries are running their businesses more effectively and predictably with Mavenlink. Mavenlink was recently named a Red Herring Global 100 business, a Glassdoor Best Place to Work, and a Cool Vendor by Gartner, the world's leading technology research and advisory firm. Learn more at www.mavenlink.com.

* Gartner, Cool Vendors in Program and Portfolio Management, 2015, Robert A. Handler, Matt Light, Donna Fitzgerald, Teresa Jones, 24 April 2015.

Disclaimer
Constellation Research does not endorse any solution or service named in its research.

About Constellation Research
Constellation Research is an award-winning, Silicon Valley-based strategic advisory and futurist research firm. Constellation's analysts serve as innovation advisors for leaders and Global 2000 organizations navigating the challenges of business-model disruption and transformation. Unlike legacy analyst firms, Constellation works closely with solution providers, partners, and its Constellation Executive Network of innovative buy-side leaders, C-suite executives and board of directors to lead the way in disrupting technology and research coverage areas. The goal – deliver to clients what they need to achieve valuable business results.

For more information about Constellation Research, visit http://www.constellationr.com/.

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