Friday, May 3, 2024

Marriott International Announces Its 150th Hotels, With Opening Of Katra Marriott Resort & Spa In Katra, Jammu & Kashmir


* Wonderful Hospitality Awaits At One Of India’s Most Revered Spiritual Destinations With The Brand Debut Of Marriott Hotels In Jammu & Kashmir

Marriott Hotels, the namesake brand of Marriott Bonvoy’s extraordinary portfolio of over 30 hotel brands, today announced the opening of Katra Marriott Resort & Spa in the serene landscapes of Katra, Jammu & Kashmir. The brand’s debut in the spiritually significant destination, marks a milestone as the 150th Marriott International hotel to open in the country. Nestled amidst the serene landscapes of the Trikuta hills, popularly known as the Vaishno Devi Hills, this purely vegetarian resort offers a captivating blend of heartfelt service and spirituality. Here, guests are invited to partake in leisurely nature walks, all while immersing themselves in the vibrant culture and culinary delights of Katra.

Katra, a spiritual region known for Shri Mata Vaishnodevi Shrine and Trikuta Hills, offers a picturesque landscape for the fulfilment seekers. The resort provides unparalleled access to the region's nearby attractions, including Patnitop Hill Station, Mansar Lake and Krimchi Temple, all of which are within an hour’s drive from the resort. Katra’s local market is 5-mins away from the resort, where guests can enjoy authentic local cuisine and shop for traditional handicrafts and souvenirs, intricate papier-mâché creations and walnut wood carvings. The city is accessible by road and well connected to leading metro cities in Northern India like Delhi, Chandigarh and Amritsar. Katra is 50 kms from Jammu Airport and 222 kms from Srinagar International Airport.

Commenting on this significant opening for India, Ranju Alex, Area Vice President, South Asia, Marriott International said “As we celebrate the milestone opening of our 150th Hotel in India, we acknowledge not just our prominent presence in the country, but also the unique and enriching experiences our hotels provide through their distinctive architecture and design, world-class food and beverage offerings and curated amenities that provide exceptional, one-of-a-kind stays. We continue to have confidence in the resilience of our brands and our teams and remain steadfast in our commitment to advancing our growth through a strong pipeline of hotels.”

Inspired by the natural beauty of its surroundings, the design of Katra Marriott Resort & Spa seamlessly transforms myth into mesmerizing reality. The Greatroom lobby, comprising an open and warm reception with an enigmatic central sculpture adorned with ancient inscriptions envelopes guests with a calm, mystic aura from the moment they enter the resort. The flower chandelier, reminiscent of shrine offerings, offers an immediate connection to the beautiful rituals of the land. Each element, from the mandala-inspired lounge seats to every intricate detail, embodies the hotel’s unwavering commitment to seamlessly merging spirituality with breathtaking design, promising a transcendent experience for all who step through its doors.

Unforgettable Stays

Katra Marriott Resort & Spa features 100 modern, inviting guest rooms, suites and cottages, offering breathtaking views of the Shri Mata Vaishno Devi Shrine and lush green landscapes. Each cottage offers a sanctuary of relaxation with natural sunlight, plush comfortable bedding and contemporary comforts. Some of the rooms open to private balconies, providing guests with space to unwind and relax over the harmonious symphony of birdsong and views of rolling green hills. The cottage suites also feature a private swimming pool, allowing guests to indulge in a refreshing dip within the comfort and privacy of their own space.

For those seeking relaxation and rejuvenation, the Quan Spa offers five therapy rooms with treatments that embrace the ancient wisdom of Ayurveda and contemporary wellness practices. Enriching experiences are also provided through the rich nature cover that envelopes the Katra Marriott Resort & Spa. Guests can start their day with revitalizing yoga sessions or guided-walks amidst the picturesque backdrop of Trikuta Hills. As twilight descends, serenity awaits to soothe the senses, with the evening rituals of hi-tea at Vat Vriksh, commonly known as the banyan tree.

Fitness enthusiasts can recharge their body and mind at a fully equipped fitness center or indulge in some quiet calm by the poolside. Kids can enjoy themselves at the Kid’s Club, a wonderland of fun and engagement , with a dynamic play area that sparks joy and creativity.

Exquisite Dining

The resort promises a delightful culinary adventure for those seeking pure vegetarian and non-alcoholic indulgences. TPK (Three Peaks Kitchen), the contemporary all-day dining restaurant, features international favourites and the myriad flavours of traditional Katra cuisine. Meanwhile, the KBC (Katra Baking Company) is an inviting and sophisticated space for guests to relax and reconnect over bakery delights, artisanal teas, full-bodied coffees and creatively infused mocktails, dressed with seasonal ingredients amidst a relaxed ambiance.

A Place for Celebrations

With over 12,000 square feet of event spaces encompassing two stunning venues - The Pine Ballroom and Mulberry Hall, including three lawns the resort offers the largest banquet space in the city . With its flexible layouts and the picturesque landscape as a backdrop, the hotel emerges as an ideal destination to host weddings, intimate family gatherings, and corporate team outings

"We are excited to welcome guests to Katra Marriott Resort & Spa, our spiritual haven, nestled at the foothills of the divine Vaishno Devi Shrine, where hospitality meets fulfilment," said Satish Srinivasamurthy, General Manager, at Katra Marriott Resort & Spa. “Whether you seek spiritual solace, leisurely indulgence, memorable weddings, or wellness escapes, we are dedicated to crafting enriching experiences and offering thoughtful services that reflect the true essence of wonderful hospitality."

For reservations and more information, please visit www.katramarriott.com   

NueGo Teams Up With Highly Anticipated T-Series Film “SRIKANTH” Starring Rajkumar Rao

 


* Offering a special 10% discount for its guests by using code "SRIKANTH", across all routes

GreenCell Mobility's NueGo, India's leading electric intercity bus brand, is thrilled to announce its partnership with the much-anticipated Bollywood film “SRIKANTH”, starring the talented Rajkummar Rao. This collaboration further strengthens NueGo's positioning as a sustainable inclusive brand and underscores T-Series' commitment towards sustainability.

Currently, NueGo is successfully serving customers in 100+ cities across the country, offering a seamless booking process, safe and comfortable travel experience, and sustainable impact on the environment. With this partnership both brands are expanding its outreach to a diverse audience, advocating for eco-friendly travel solutions across India.

As part of this venture, travellers can enjoy an exclusive 10% discount on all routes by using the code "SRIKANTH" when booking exclusively through the NueGo App and Website (www.nuego.in).

This limited-time offer, valid until May 30, 2024, presents a unique opportunity for eco-conscious travellers to experience safe and comfortable intercity travel during the summer season.

Speaking on the collaboration, Mr. Devndra Chawla, CEO & MD, GreenCell Mobility said, "We are excited to collaborate with the movie 'SRIKANTH' and its talented lead actor Rajkummar Rao. This partnership aligns with NueGo's mission of providing a safe, comfortable, and sustainable travel experience to our guests, while also raising awareness about eco-friendly inter-city electric bus transportation among a broader audience."

NueGo, renowned for its emphasis on guest centricity and comfort, ensures a reliable and delightful experience for both corporate and leisure travellers. With a wide schedule of buses operating around the clock and multiple boarding points across cities, NueGo offers unrivalled flexibility and convenience to its guests. Positioned as the preferred choice for safe and sustainable travel, NueGo sets the bar high with an array of safety features.

About NueGo:

NueGo is India’s leading premium electric bus coach brand from GreenCell Mobility. A guest centric brand, NueGo which is currently operating in 100+ cities in India, runs through 25 stringent safety checks including mechanical and electrical inspections. These electric coaches can run 250 kilometres in a single charge, with the air conditioners on, in traffic conditions. NueGo coaches are fitted with innovative technology and offer end to end convenience for inter-city travellers with focus on Safety, Punctuality, and seamless guest experience. NueGo has well trained and courteous staff, offers airport-like premium lounges in selective cities. These lounge offers guest assist, luggage management services and curated F&B menu and on board with on-time performance. https://nuego.in/

About the Movie:

Gulshan Kumar and T-Series Presents a T-Series Films & Chalk N Cheese Films Production LLP, SRIKANTH is directed by Tushar Hiranandani, is produced by Bhushan Kumar, Krishan Kumar & Nidhi Parmar Hiranandani. The film releases nationwide on 10th May 2024.

Godrej Properties Consolidated Financials For Q4 FY24 Results


 ·         GPL’s best ever quarterly and annual sales - booking value stood at INR 9,519 crore in Q4 FY24, up 135% YoY and 66% QoQ, and grew 84% to INR 22,527 crore for FY24

·         Highest ever quarterly and annual net profit of INR 471 crore in Q4 FY 24 and INR 725 crore for FY24

·         Highest ever quarterly and annual collections with INR 4,693 crore in Q4 FY24 and INR 11,436 crore in FY24

·         Highest ever annual project deliveries with projects aggregating ~12.5 million sq. ft. delivered in FY24

·         Strong year for business development with addition of 10 projects with a total estimated booking value of ~INR 21,225 Crore

Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the fourth quarter ended March 31, 2024.

CORPORATE HIGHLIGHTS:

Sales Highlights

Q4 FY24 was GPL’s highest ever quarterly sales for the third quarter in a row witnessing total booking value of INR 9,519 crore from the sale of 5,331 homes with 8.17 million sq. ft. of area sold. This is the highest ever quarterly sales announced to date by any publicly listed real estate developer in India.

FY24 bookings grew to INR 22,527 crore in FY24, a growth of 84% over the previous best ever year and 61% above the guidance provided at the start of the year. This is the highest ever annual sales announced to date by any publicly listed real estate developer in India. This was achieved through the sale of 14,310 homes with a total area of 20 million sq. ft.

Sales were driven by superlative consumer demand in some key new project launches. Godrej Zenith in NCR achieved a booking value of INR 3,008 crore and Godrej Reserve in MMR achieved a booking value of INR 2,693 crore. Both of these projects were the best ever launches for GPL in the respective markets.

In FY24, 4 projects (including Godrej Aristocrat launched in Q3 and Godrej Tropical Isle launched in Q2) achieved over INR 2,000 crore booking value.

GPL’s bookings in NCR in FY24 grew 180% to INR 10,016 crore and GPL’s bookings in MMR grew 114% to over INR 6,545 crore.

·         Highest ever quarterly sales in MMR with sales of INR 4,022 crore in Q4FY24.

8 new projects/phases were launched during the quarter across 5 cities

Business Development

·         Added 4 new projects with a total estimated saleable area of 11.2 million sq. ft. and total estimated booking value of ~INR 12,800 Crore in Q4 FY23

*Original agreement for sale of land was entered into by GPL in 2014, the deal has been revived recently and GPL now expects to launch the first phase of development on this land in the current financial year.

·         For FY24, added 10 new projects with an estimated revenue potential of ~INR 21,225 crore, 42% above the BD guidance of INR 15,000 Crore of estimated booking value.

Other Highlights

Highest ever cash collections of INR 4,693 crore for Q4FY24 and INR 11,436 crores for FY24 leading to net operating cash flow growth of 16% YoY to INR 2,607 crore in Q4 FY24 and 23% to INR 4,334 crores in FY24.

Delivered ~6 million sq. ft. across 7 cities in Q4 FY24 taking overall deliveries for FY24 to ~12.5 miilion sq. ft.

GPL received 38 awards in Q4 FY24 and a total of 96 awards in FY24.

Commenting on the performance of Q4 FY2024, Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said:

“Godrej Properties delivered a robust and well-rounded performance in FY24 registering its best-ever bookings, cash collections, earnings, and deliveries as well as a strong year for business development. The residential real estate sector in India has been strong over the past three years and we believe the sectoral tailwinds will continue over the next few years. The significant levels of business development we have executed in previous years at favourable terms allowed us to scale our bookings by 84% to INR 22,527 crore in FY24 and become the largest publicly listed real estate developer in India be sales.

In FY25, we hope to grow residential bookings to over INR 27,000 crore through the launch of a large number of exciting new projects combined with strong sustenance sales. This combined with strong project deliveries should allow us to maintain rapid growth in operating cash flows as well. With a robust launch pipeline, strong balance sheet, and sectoral tailwinds, we are confident of an outstanding FY25.”

Financial Overview (Consolidated)

Q4 FY24 performance overview compared with Q4 FY23

·         Total Income grew by 1% to INR 1,952 crore as compared to INR 1,930 crore

·         EBITDA grew by 3% to INR 649 crore as compared to INR 630 crore

·         Net Profit grew by 14% to INR 471 crore as compared to INR 412 crore

·         EPS# amounted to INR 16.95 as compared to INR 14.82

#not annualised

FY24 performance overview compared with FY23

·         Total Income grew by 45% to INR 4,362 crore as compared to INR 2,998 crore

·         EBITDA grew by 20% to INR 1,197 crore as compared to INR 994 crore

·         Net Profit grew by 27% to INR 725 crore as compared to INR 571 crore

·         EPS amounted to INR 26.09 as compared to INR 20.55

About Godrej Properties Limited: 

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 127-year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In FY 2021, Godrej Properties emerged as the largest developer in India by the value and volume of residential sales achieved.

Godrej Properties has deeply focused on sustainable development. In 2010, GPL committed that all of its developments would be third party certified green buildings. In 2020 and again in 2021 and 2022, the Global Real Estate Sustainability Benchmark ranked GPL #1 globally amongst listed residential developers for its sustainability and governance practices. In 2017, GPL was one of the founding partners of the Sustainable Housing Leadership Consortium (SHLC), whose mission is to spread sustainable development practices across the Indian real estate sector. In recent years, Godrej Properties has received over 400 awards and recognitions, including the Porter Prize 2019, The Most Trusted Real Estate Brand in the 2019 Brand Trust Report, Builder of the Year at the CNBC-Awaaz Real Estate Awards 2019, and The Economic Times Best Real Estate Brand 2018.

Suzuki Motorcycle India Kicks-Off The FY 2024-25 With 99,377 Units Sale In April


*  Achieves All-time High Sales of 88,067 units in the domestic market

Riding into the FY 2024-25 on a positive note, Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, today announced its sales numbers for the month of April 2024.

The company’s total sales for April’24 closed at 99,377 units, up by 12% from 88,731 units sold in April’23. The month also saw the company registering its highest ever sales of 88,067 units in the domestic market and achieving a remarkable 31% growth against 67,259 units sold in April’23. However, exports were lower at 11,310 units in April’24 compared to 21,472 units in April’23.

Speaking on the company’s sales performance, Mr. Devashish Handa, Executive Vice President, Sales, Marketing & After Sales, Suzuki Motorcycle India said, “We have had a very encouraging start this Financial Year with the month of April marking our highest ever domestic sale. As we experience continual growth in our sales volume, we are humbled and overwhelmed by the ever-increasing patronage that Brand Suzuki has been receiving from the Indian Two-Wheeler Customers. We would also like to thank each member of our Dealer Network and all our business associates without whose support and collaboration this accomplishment would not have been possible. We are determined to come up to the expectations of our customers and continue this momentum going forward as well.”

In April’24, SMIPL celebrated the 8-million cumulative two-wheeler production milestone. The company also launched the 25th Anniversary Edition of its Flagship Motorcycle Hayabusa.

ABOUT SUZUKI MOTORCYCLE INDIA PVT LTD (SMIPL)

Suzuki Motorcycle India Private Limited is a subsidiary of Suzuki Motor Corporation, Japan wherein they have the same manufacturing philosophy of PRODUCTS OF SUPERIOR VALUE right from the inception. SMIPL manufactures two-wheelers best suited for valuable Indian customers. The Company started its India operation in February 2006, having an annual production capacity of 1 million unit.

Coimbatore SaaS Firm - Responsive Surpasses $500 B In Opportunities Managed Through Its Strategic Response Management Platform


* Strategic Response Management becoming the next “must-have,” go-to-market SaaS solution for growth-oriented companies.

Responsive, the leader in Strategic Response Management software (SRM), today announced the company has enabled customers to respond to more than $500 billion in opportunities via its Responsive Platform. Strategic Response Management is rapidly becoming the next “must-have,” go-to-market SaaS solution as growth-oriented companies endeavor to put their best foot forward when responding to a growing number of deal-impacting information requests including RFPs (requests for proposals), RFIs (requests for information), security questionnaires and more.

“Out of 11,000 or so go-to-market solutions available on the market today, there are only a handful that materially impact customers’ business,” said Aragon Research CEO Jim Lundy. “Solutions such as the Responsive Platform, equipped with AI-powered Strategic Response Management capabilities, streamline labor-intensive and error-prone tasks, catering to revenue-generating businesses of all sizes.”

Today, Responsive has close to 2,000 customers of all sizes, across various industries and geographies. Key to Responsive’s success has been its deep commitment to rapid, customer-driven innovation, extensive incorporation of AI into its solutions from day one, and focus on delivering value to customers. Sample value achieved by Responsive customers include the following:  

Jumio increased the RFP win rate by more than 20% by using the Responsive Platform to centralize content, automate content review, and streamline team collaboration.

Payscale reduced RFP and questionnaire turnaround time by 25% and increased the number of questionnaires answered by 50%.

Xactly completed 70% of a response with one pass by the proposal team — allowing SMEs to focus on core business differentiators.

"Our customers regularly express how we've positively transformed their employee experience, reduced response times, helped them stay compliant, and driven greater revenue,” said Responsive CEO and co-founder Ganesh Shankar. “We are proud to have crossed the $500 billion mark in managing RFP and other information requests, which is a testament to the trust our customers have placed in Responsive to enable business growth today and in the future.”

“Since deploying the Responsive Platform to respond to our fast-growing number of proposals and other information requests, our company has increased revenue and improved turnaround time, while enhancing our brand consistency,” said Nick DeMarco, Sr. RFP Content Writer, Payscale. “Congratulations to Responsive on helping us achieve such significant operational impact.”

Additional company milestones:

Customers include more than 20 of the Fortune 100.

#1 rankings in 14 G2 Spring 2024 Grid Market Reports, including Global RFP Software for the fifth consecutive quarter.

Recognized by Forbes as one of “America’s Best Startup Employers 2024.”

According to Glassdoor, 94% of employees approve of the CEO and 86% would recommend Responsive to a friend.

Opened a new office in Coimbatore, India to accommodate the company’s fast-growing staff and increased market demand for Responsive solutions.

Named a Hot Vendor in the Strategic Response Management (SRM) market category by industry analyst firm Aragon Research.

A silver sponsor for this year’s Forrester B2B Summit North America, which will take place May 5-8, 2024 in Austin, Texas, Responsive will showcase the leading SRM category platform at booth #938. In addition, Responsive is a sponsor of 6Sense’s Club6 Experience, where it will be hosting executive connect meetings with prospects and customers. To request a meeting with Responsive at the event, please contact us at engage@responsive.io. For more information and location details about the Club6 Experience, please visit here.  

About Responsive

Responsive (formerly RFPIO) is the global leader in strategic response management software, transforming how organizations share and exchange critical information. The AI-powered Responsive Platform is purpose-built to manage responses at scale, empowering companies across the world to accelerate growth, mitigate risk and improve employee experiences. Nearly 2,000 customers have standardized on Responsive to respond to RFPs, RFIs, DDQs, ESGs, security questionnaires, ad hoc information requests and more. Responsive is headquartered in Portland, OR, with additional offices in Kansas City, MO and Coimbatore, India. Learn more at responsive.io.

Thursday, May 2, 2024

Samsung’s 'Fab Grab Fest' Is Back With Unbeatable Offers On Smartphones, TVs, Laptops, And Digital Appliances On Samsung.com


Highlights

Up to 77% off on select models of tablets, accessories and wearables

Up to 64% off on select models of Galaxy S series, Z series, and A series smartphones

Up to 48% off on digital appliances including select refrigerators and up to 47% off on select Convertible and WindFreeTM ACs

Up to 43% off on select models of Neo QLED 8K, Neo QLED, QLED, OLED and 4K UHD TVs

Samsung, India’s largest customer electronics brand, has announced its biggest summer sale, 'Fab Grab Fest', which offers an array of extraordinary deals and exciting cashbacks across a wide range of products on Samsung.com, Samsung Shop App as well as at Samsung Exclusive Stores.

During the 'Fab Grab Fest', customers can avail up to 64% off on select models of the Galaxy S series, Galaxy Z series, and Galaxy A series smartphones. Select models of Galaxy tablets, accessories and wearables will be available at up to 77% off. On the purchase of select models of Galaxy Book4 series laptops, customers can avail discounts of up to 24% off.

Select models of Samsung TVs such as the flagship Neo-QLED 8K, Neo QLED, OLED, The Frame TVs, and Crystal UHD series will be available at up to 43% off. On purchase of select models of Neo QLED 8K, Neo QLED and OLED TVs customers can avail bank cashback of up to INR 20000. Additionally, customers can avail benefits of up to INR 5000 as exchange bonus on purchase of all TVs.

The ‘Fab Grab Fest’ 2024 will offer discounts and unmatched prices on a host of digital appliances such as refrigerators, washing machines, microwaves, monitors and air conditioners.

With our ‘Buy More Save More’ platform, customers will be able to save an extra 5% on the purchase of two or more products through Samsung.com or Samsung Shop App. The ‘Buy More Save More’ platform allows consumers to enjoy bundled offers on a host of Samsung products.

The excitement doesn’t end here, customers can get up to 48% off on a wide range of premium appliances such as Side-by-Side Refrigerators, the elegant French-Door Refrigerators, and the versatile Frost Free Refrigerators. They can also enhance their kitchen experience with the Bespoke AI Package by purchasing three or more selected products and enjoy an extra 10% discount.

Select models of washing machines will be available at up to 50% off. Additionally, they will get a generous 20-year warranty on the Digital Inverter Motor for both Fully Automatic Front Loading and Fully Automatic Top Loading machines. For easy access, the affordable EMI option is also available starting at just INR 1490 for Fully Automatic Front Loading, INR 990 for Fully Automatic Top Loading, and INR 756 for Semi-Automatic Washing Machines.

“We are happy to bring back the most awaited summer sale on Samsung.com and Samsung Exclusive Stores. Through the Fab Grab Fest, we wish to bring the best deals and offers to our customers. We are witnessing an encouraging adoption of Buy More Save More, so in this Fab Grab Fest, we will extend flexibility to our customers to not only make bundles with the entire Samsung range but also enjoy an extra 5% off on the bundle. Adding to customer delight, we will also offer same day delivery on select models,” said Sumit Walia, Vice President, D2C Business, Samsung India

Select models of monitors will be available at up to 61% off. Additionally, customers will also receive a complimentary wall mount on purchase of select models of smart and gaming monitors. Samsung will also provide a 3-year warranty and up to 20% bank cashback (up to INR 10000) on all monitors.

Select models of Convertible & WindFreeTM ACs, will be available at up to 47% off. Customers can avail an extra 10% discount when purchasing two or more units of WindFree™ AC models. Moreover, these models come with an extended warranty on the PCB part, offering 1-year standard warranty plus an additional 4-year extended warranty.

As part of the exciting bank offers, customers can experience exceptional savings of up to 22.5% cashback when using HDFC Bank, ICICI Bank, and other leading debit and credit cards, with a maximum cashback of up to INR 25000.

Atlassian Unveils Rovo, A New AI-Powered Tool To Unlock Enterprise Knowledge


Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software including Jira, Confluence and Trello, has launched Atlassian Rovo, its new product that leverages generative AI to help teams find, learn, and act on information dispersed across a range of internal tools. This product which turns information into action at an unprecedented speed, was unveiled at Atlassian’s annual flagship conference – Team '24.

Rovo, powered by Atlassian Intelligence, takes human-AI collaboration to the next level and teams can:

Find: Search helps teams find the exact information they need across huge volumes of data. Rovo Search can pull information from popular tools, including Google Drive, Microsoft Sharepoint, Microsoft Teams, GitHub, Slack, and Figma, to deliver even more comprehensive answers.

Learn: Gain a deeper understanding of their company’s data through AI-driven insights, knowledge cards, and AI chat for deeper data exploration.

Act: Add specialized agents to workflows to handle time-consuming tasks and to complete projects.

A common data model called ‘teamwork graph’ is Rovo’s secret sauce, which connects data from Atlassian tools and other SaaS apps to unlock a comprehensive view of any organization’s goals, knowledge, teams, and work. With every new tool connection, team action, and project event, the teamwork graph draws more connections and expands its knowledge to deliver increasingly relevant results.

Mike Cannon-Brookes, co-Founder and co-CEO, Atlassian said, “AI presents a huge opportunity for Atlassian. We have over 20 years of insights into knowledge work - how teams go about planning and tracking work, goal setting and unleashing knowledge. A year ago, we launched Atlassian Intelligence to help teams boost productivity with AI. Since then, we've woven AI into the fabric of our products across the Atlassian portfolio.”

“We're thrilled to announce Atlassian Rovo at Team ‘24 - our first product built in and for the AI era. It will solve the highly complex problem of search and knowledge discovery, and be able to act on this information across both Atlassian and third-party tools. Rovo adds the power of infinitive AI-driven teammates that you can customise to your team’s needs. It's a game changer, and we can't wait to share it with our customers,” he further added.

Find answers faster with an AI-powered search

Rovo can provide answers in seconds and the search results are personalized and contextual. Permissions are fully respected, so employees see only the information they’re supposed to see, while restricted data remains private.

Its API will be designed to let you connect niche and home-grown apps., to deliver relevant answers for any team or industry.

Get accurate, in-depth answers from any company’s unique data

When answering questions, Rovo surfaces related topics and follow-up questions teams can use to tease out more details. Plus, it's an awesome jargon-demystifier.

With Rovo Chat, teams can engage in interactive conversations to ask questions until they get the answers they need, generate new ideas, get helpful feedback, and resolve issues while they work.

AI-powered enhancements to the Atlassian product portfolio

At Team '24 event, Atlassian also made other product related announcements:

AI-enhanced Editor: Available across Trello, Bitbucket, and Jira Product Discovery, AI-enhanced editor allows users to generate pull request summaries, release notes, and other key pieces of information.

AI Summaries: Coming soon to Jira, AI summaries will allow users to get a summary of third-party links directly from a Smart Link hover card. And on Confluence, comment summaries will enable users to sort through dozens of comments.

AI Breakdowns: Atlassian Intelligence takes users' top-level work items and proposes a way to break it down into actionable pieces.

Task Automation: Coming to all Jira products, task automation will enable users to use natural language to create automation rules.

AI Analysis: New predefined queries and chart templates now make reporting and analysis easier. With AI-powered chart insights, key trends are automatically identified so users can act on them quickly.

For further details around the announcement, please visit the blog - https://www.atlassian.com/blog/announcements/introducing-atlassian-rovo-ai

About Atlassian

Atlassian unleashes the potential of every team. Our agile & DevOps, IT service management and work management software helps teams organize, discuss, and complete shared work. The majority of the Fortune 500 and over 300,000 companies of all sizes worldwide - including NASA, Audi, Kiva, Deutsche Bank and Dropbox - rely on our solutions to help their teams work better together and deliver quality results on time. Learn more about our products, including Jira Software, Confluence and Jira Service Management at https://atlassian.com.

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