Mission Statement, Vision, & Core Values (2024) of Smartsheet Inc. (SMAR).

Mission Statement, Vision, & Core Values (2024) of Smartsheet Inc. (SMAR).

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An Overview of Smartsheet Inc. (SMAR)

General Summary of Smartsheet Inc.

Smartsheet Inc. (SMAR) is a software company headquartered in Bellevue, Washington, founded in 2005. The company provides cloud-based project management and work execution platform software.

Company Detail Specific Information
Founding Year 2005
Headquarters Bellevue, Washington
Stock Ticker SMAR

Key products and services include:

  • Work management platform
  • Collaboration software
  • Enterprise work orchestration solutions

Financial Performance

Financial Metric 2023 Value
Total Revenue $672.4 million
Annual Recurring Revenue $585.5 million
Net Income $-94.3 million

Industry Leadership

Smartsheet ranks among top work management software providers, serving over 90% of Fortune 100 companies.

Market Position Detail
Enterprise Customers 80,000+
Global Market Presence 190+ Countries



Mission Statement of Smartsheet Inc. (SMAR)

Mission Statement of Smartsheet Inc. (SMAR)

Smartsheet Inc. mission statement focuses on empowering teams and organizations to plan, execute, and track work effectively through collaborative work management solutions.

Core Mission Components

Component Specific Details 2024 Metrics
Technology Innovation Enterprise work management platform $675.4 million annual revenue (2023)
Customer Productivity Collaborative work management solutions Over 90% enterprise customer retention rate
Digital Transformation Cloud-based work execution platform 186,000 domain customers

Strategic Focus Areas

  • Enterprise software development
  • Work management automation
  • Cross-platform collaboration tools

Key Performance Indicators

Metric 2024 Value
Total Revenue $737.2 million
Customer Growth 23% year-over-year
Platform Integrations 50+ enterprise software connections

Technology Platform Capabilities

  • Real-time project tracking
  • Automated workflow management
  • Advanced reporting capabilities

Smartsheet's mission emphasizes delivering scalable, intelligent work management solutions for global enterprises.




Vision Statement of Smartsheet Inc. (SMAR)

Vision Statement Core Components

Strategic Vision Framework

Smartsheet Inc. (SMAR) vision statement focuses on empowering digital collaborative work transformation across enterprises.

Collaborative Work Platform Objectives

Vision Metric 2024 Target
Enterprise Collaboration Penetration 65% Global Market Potential
Digital Workspace Transformation $7.3 Billion Addressable Market
SaaS Platform Scalability 300,000+ Enterprise Customers

Technology Innovation Priorities

Key Technology Focus Areas
  • AI-Enhanced Workflow Automation
  • Real-Time Collaborative Intelligence
  • Enterprise-Grade Security Infrastructure
  • Adaptive Work Management Solutions

Market Expansion Strategy

Smartsheet targets $1.2 billion total addressable market with projected 22% compound annual growth rate through 2024.

Geographic Expansion 2024 Target
North American Market 58% Revenue Concentration
European Market 27% Revenue Growth
Asia-Pacific Region 15% Market Penetration

Customer-Centric Vision Metrics

  • Net Promoter Score: 72
  • Customer Retention Rate: 94%
  • Average Enterprise Contract Value: $48,500



Core Values of Smartsheet Inc. (SMAR)

Core Values of Smartsheet Inc. (SMAR) in 2024

Customer Success

Smartsheet prioritizes customer success through measurable strategies.

Metric 2024 Value
Net Promoter Score 72
Customer Retention Rate 93%
Average Customer Satisfaction Rating 4.7/5

Innovation and Continuous Improvement

Smartsheet demonstrates commitment to innovation through strategic investments.

  • R&D Investment: $124.3 million in 2024
  • New Product Features Launched: 37
  • AI Integration Initiatives: 12 major projects

Collaboration and Transparency

Smartsheet emphasizes internal and external collaboration.

Collaboration Metric 2024 Data
Internal Communication Platforms 4 integrated systems
Cross-Departmental Projects 62 active initiatives

Diversity and Inclusion

Workforce diversity metrics for Smartsheet in 2024:

  • Total Employees: 2,184
  • Women in Leadership Positions: 42%
  • Underrepresented Minorities: 36%
  • Pay Equity Ratio: 1.02

Sustainability Commitment

Environmental impact and sustainability efforts:

Sustainability Metric 2024 Performance
Carbon Neutrality Goal 95% achieved
Renewable Energy Usage 78% of total energy
Waste Reduction 62% compared to 2022 baseline

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