Smartsheet Empowers Enterprises to Make Smart Decisions and Get Results Faster with Updates to its Next-Generation Work Management Platform

Smartsheet (NYSE: SMAR), the enterprise work management platform, announced today the general availability of new AI and resource management features that offer actionable analysis, insights, and enhanced visibility for enterprises. These new features are integrated into the Smartsheet platform, enabling enterprises to make smart decisions based on their data. The features are being introduced at the inaugural Smartsheet ENGAGE London customer conference.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240514942491/en/

ENGAGE London 2024 (Graphic: Business Wire)

As businesses become more intelligent, the amount of work management data that organizations need to parse through and ultimately understand is becoming increasingly overwhelming. The new Smartsheet features available today remove complexity so enterprises can comprehend, visualize, and analyze their work management data to pull out meaningful insights, understand what work is on track and what’s falling behind, and help identify bottlenecks.

“The way an organization manages work, the people doing the work, and the content they’re creating is the foundation for success, and Smartsheet brings these key components together on one AI-powered platform,” said Ben Canning, SVP of Product Experiences, Smartsheet. “With the next generation of our platform, we’re giving customers a bird’s eye view of their business and empowering them to uncover meaningful insights from their work management data so they can make smart, informed decisions, and achieve their goals faster.”

New AI tools empower enterprises to uncover new insights and achieve results faster

Smartsheet is continuing to apply generative AI throughout its platform, built with practicality, transparency, and customers’ needs in mind. By embedding directly into Smartsheet’s flexible data platform, Smartsheet AI tools empower customers to visualize and uncover meaningful insights from their work data. Available today, Enterprise plan customers can:

• Analyze data via simple conversational prompts like, “How many programs were over budget last month in each department?” The analyze data tool instantly generates metrics or visual charts based on customers’ data in Smartsheet. Customers can tap into insights about a sheet, making Smartsheet the first work management platform with the ability to generate charts from sheet data using AI. In the future, insights will be derived from data across thousands of active projects and data stores, unlocking new portfolio-level insights.
• Generate formulas to drive processes and automation in Smartsheet. With this tool, users can generate advanced formulas to power their work at scale with a simple, natural language description of what they want to do. Smartsheet is the only collaborative work management platform with a truly integrated AI formula builder.
• Create text and summarize, simplifying customers’ work by interpreting their data and objectives, then crafting clear and tailored text such as summaries, translations, or new ad copy.

Smartsheet AI tools are developed according to its principles for responsible AI so customers can adopt the tools with confidence. Smartsheet customer data will never be commingled, and no customer data will be included in a training data set used by third-party AI model providers. Additionally, Smartsheet is committed to ensuring its AI recommendations and insights are easily understood. Smartsheet AI tools show their work so customers can understand exactly how the tool arrived at an answer and thus can confidently take action.