Wrike is a digital work management tool that lets users track and coordinate projects, combining a simple user experience and interface with enough depth for power users.
The software, created in 2006, is the brainchild of Write CEO Andrew Filev; at the time, he was in charge of a fast-growing consultancy business with a remote workforce. Wrike officially launched the following year.
“Wrike was borne out of my frustration with having to manage multiple teams in a distributed environment and multiple projects - I had to do it via emails and spreadsheets,” Filev said. “There was a need in the market to build a work management platform with world-class collaboration capabilities so that people can easily coordinate and prioritize and manage their work.”
Wrike has since attracted 18,000 customers, supporting more than 2 million users in total. Among companies now using Wrike are Airbnb, TGI Friday and Jaguar Land Rover.
The San Jose, Ca. company recently got a majority investment from Vista Equity Partners and has 700 staffers working in six international offices; the company hopes to double its headcount in the next three years as it expands golbally and ramps up efforts to attract enterprise customers.
Recently it has begun working to tailor the application to more specific use cases, with the launch, for instance, of Wrike for Marketers. It’s aimed at helping professionals collaborate on asset creation and the delivery of marketing campaigns.
“Wrike made projects visual and collaborative, and appears by many measures to be having its best year to date,” said Wayne Kurtzman, a research director at IDC. “It has started to focus on use cases beyond the traditional product teams, …[is moving] into marketing, creative and business ops, and is quietly making inroads as an enterprise solution.”
What does Wrike do? The basics
Wrike is focused around three main functions that users with interact with: folders, projects and tasks.
Folders are the overarching structure for organizing projects, like building a website or launching a new product, and can be segmented into sub-folders, such as a pre-planning phase, for example.
Projects include more detailed information, such as a start and finish date or project status, and can be put under the control of a single “owner.”
Within each project are tasks, which outline specific actions to be completed as part of wider goals. A project owner can assign tasks to individuals or to multiple team members, set due dates, add file attachments, and provide a more detailed description of the work to be carried out.
Team members can leave comments on folders, projects and tasks with @mentions and by posting emojis.
Each user has an inbox for notifications and real-time communications, a personal MyWork view that highlights assigned tasks, and a dashboard used to filter task lists, calendar and analytics.
Wrike also provides a range of visual methods for tracking the progress of work while it’s under way. This includes kanban-style boards, a list view, spreadsheet tables and Gantt charts.
Wrike already integrates with a wide range of third-party applications, including Slack and Microsoft Teams, Box, OneDrive and Salesforce, and offers an API to connect the app with existing workflows and software a customer might be using. “We are not building a project management system, we are building a digital workplace, and that means connecting different teams and it also means connecting different tools,” said Filev.
There are also connectors for business intelligence tools such as Tableau for large businesses to integrate different sources of corporate data.
Wrike is available on mobile devices (for Android and iOS), and as a desktop app for Windows and and macOS.
Who is Wrike for?
Wrike competes with a variety of project and task management tools in a market that was worth $2.27 billion last year, according to a report from MarketsandMarkets. Among these rivals are Microsoft Project and Planner, Workfront, Asana, Smartsheet, Liquid Planner, monday.com, Jira, Trello and Clarizen.
The software is designed to provide more in-depth functionality than a task management application like Trello, said Filev, while staying accessible for a wider spectrum of users compared to more heavy-duty project portfolio management tools.
Filev's ultimate goal is for Wrike to be the coordination and management platform of choice for all digital work. With this in mind, he said that Wrike is aimed at all types of knowledge workers – there is growing use among other workers, said Filev, such as those in construction – and it supports both complex tasks and comparatively lighter uses. It’s designed for workers ranging from day-to-day users to managers snf up to C suite, he said.
“We are not necessarily the simplest tool on the market – period – but among the most powerful tools we are the simplest. And the way we achieve that is through flexibility in the platform,” said Filev.
In a report on collaborative work management tools, Forrester principal analyst Margo Visitacion last year included Wrike as one of the three market leaders, along with Smartsheet and Asana, and cited the app's collaboration capabilities and well-designed UI.
Ease of use and flexibility are other strong points for Wrike, Visitacion said.
“[Wrike is a] great product that enables casual, or not formally trained, project managers to effectively collaborate on project management,” she said. “The product can handle work streams that are relatively simple and can scale to a more complex project.”
But more can be done to ensure that Wrike is an option for a larger range of users, said Kurtzman. “They need to continue to broaden their appeal to people who don’t normally think of their work in project form, as well of those who often are the exceptions to a given process,” he said.
There are five payment tiers for the software.
A 14-day free trial is available for up to five users. This provides access to some of the core app features – such as task management, file sharing and board view – with some restrictions, such as the number of integrations allowed and the amount of storage space.
Wrike Professional includes all of the features of the free tier and adds more functionality such as Gantt charts and shareable dashboards, as well as higher levels of storage and more integrations. Wrike Professional is available for up to 15 users and costs $9.80 per user/month.
Wrike Business bumps up the range of features, integrations and storage and costs $24.80 per user/month for as many as 200 users.
(By way of comparison, Asana has a similar pricing structure with a free tier, a Premium tier for US$9.99 per user/month, and a Business tier for $19.99 per user/month.)
Wrike’s Enterprise tier (pricing is available upon request) provides a range of security, management and compliance features targeted at IT admins, such as Active Directory integration, SAML 2.0 single sign-on and two-factor authentication.
Wrike has also created a product package tailored to marketing and creative professionals. Launched at the end of 2018, Wrike for Marketers includes all the features in the Free, Business and Professional tiers, as well as two of Wrike's “add-on” features that are available for an additional payment
Those add-ons include Wrike Proof, which lets users provide feedback and make edits on a range of content types, and Wrike Publish, a digital asset management integration. Pricing is available upon request.
Enterprise adoption and security
Like many modern digital workplace tools, Wrike initially gained a foothold at smaller businesses and among startups, as well as individual teams within larger organizations. Some of Wrike's larger customers are starting to roll the app out more widely across their business, said Filev.
“What happened in the past several years is that those pockets in large enterprises started to grow and grow where we are starting to cover the whole departments or business units, or even in some cases wall-to-wall deals,” he said.
Visitacion agreed that enterprise adoption of Wrike is accelerating as work management tools become more commonplace. “Companies are realizing that they can drive greater adoption from CWM [collaborative work management apps] that has broader user appeal over traditional PPM [project portfolio management tools] that target power users,” she said.
Filev said that security is a major consideration for businesses considering wide-scale rollouts of collaborative work management tools. That will be an important issue for the company going forward.
“We view security as one of the ways to unlock it for enterprise-wide deployments,” he said.
To that end Wrike this week launched a series of security features, including Cloud Access Security Broker (CASB) integration support, customized access roles, access reports and Wrike Lock, an enterprise key management feature.
“With Wrike Lock, we made a cloud collaborative work management platform a viable option for those companies that have previously looked only to on-premise,” said Filev. “Now they can go to the cloud, because we give them the ability to own and manage the keys to their encrypted data.”
Join the CIO New Zealand group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.