![]() The company offers its solutions through both software-as-a-service (SaaS) subscriptions and enterprise license agreements with Jira being its preeminent offering.Ītlassian has built its business in the same way Salesforce (NYSE:CRM) did, using free trials to gain competitive advantages against would-be competition. In addition to these, Atlassian also offers a range of integrations and add-ons to help teams customize their workflow and improve their productivity through a diverse marketplace of third-party listed deliverables. HipChat: a team communication tool for real-time chat, video conferencing and file sharing Trello: a visual tool for organizing and prioritizing tasks and projectsīitbucket: a version control system for software development teams Jira: a very popular project management tool that helps teams track and organize their workĬonfluence: a collaboration platform for creating and sharing documents, knowledge bases and team wikis ![]() The more touch points across a clients organization a software vendor has, the higher the switching costs, and Atlassian has five main products: The company has grown to become a global leader in enterprise software solutions with a product mix that is very sticky. Warning! GuruFocus has detected 7 Warning Signs with CRM. This has helped Atlassian grow revenue from $145 million in 2013 to more than $2.7 billion over the last 12 months. ![]() Its products are installed in more than 80% of the Fortune 500, and once new tools like Atlassians are embraced at big firms, its extremely difficult to change direction. Atlassian Corporation (NASDAQ:TEAM) is a software company that specializes in developing and providing business collaboration and productivity tools. ![]()
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