Teamwork (project management) explained

Teamwork Crew Ltd.
Type:Privately held company
Hq Location City:Teamwork Campus One Blackpool, Cork
Hq Location Country:Ireland
Num Locations:3[1]
Founded:, in Blackpool, Cork, Ireland.[2]
Area Served:Global
Products:
  • Teamwork Projects[3]
  • Teamwork Desk[4]
  • Teamwork Chat[5]
  • Teamwork Spaces[6]
  • Teamwork CRM[7]
Num Employees:270 (2021)[8]
Services:Web applications

Teamwork.com is an Irish, privately owned, web-based software company headquartered in Cork, Ireland. Teamwork creates task management and team collaboration software. Founded in 2007, as of 2016 the company stated that its software was in use by over 370,000 organisations worldwide (including Disney, Spotify and HP),[9] and that it had over 2.4m users.[10]

Company history

Peter Coppinger and Dan Mackey founded a company, Digital Crew, in 2007. This company built websites, intranets and custom web-based solutions for clients in Cork, Ireland. Frustrated by whiteboards and software management tools, Coppinger wanted a software system that would help manage client projects and which would be easy-to-use and generic enough to be used by different types of companies. Originally 37signals Basecamp users themselves, Coppinger and Mackey were frustrated by the limited feature set and by Basecamp's apparent inaction on their feedback.[11] [12] In October 2007, Coppinger and Mackey launched Teamwork Project Manager, nicknamed TeamworkPM. In March 2015, this was renamed as Teamwork Projects.[13]

In 2014, after two years of negotiations, TeamworkPM bought the domain name 'Teamwork.com' for US$675,000 (€500,000).[14] At the time this was one of the most expensive domain name purchases by an Irish company, and involved the transfer of a domain name which had been dormant since it was first acquired by the original owner in 1999.[15] [16]

In 2015, Teamwork was named by Gartner to be one of their "Cool Vendors" in the Program and Portfolio Management Category.[17] This was followed by the launch of a new real-time messaging product, Teamwork Chat, in January 2015. In June 2015, the company announced a drive to recruit for 40 positions by the end of the year.[16] This was followed by the announcement that the company was investing more than €1 million in a new office,[18] and had leased office space in Park House, Blackpool.[19]

In June 2016, Teamwork undertook a further recruitment drive to entice developers to Cork.[20]

In July 2021, the company announced has raised an investment of $70 million (€59.1 million)[21] from venture capital firm Bregal Milestone to fund further growth.

Products

Teamwork markets a number of cloud-based applications, including Teamwork, Teamwork Desk, Teamwork Spaces, Teamwork CRM and Teamwork Chat.[22] Teamwork was launched on 4 October 2007, at which time it had time management, milestone management, file sharing, time tracking, and messaging features.[23]

Teamwork's platform reportedly integrates with martech software like HubSpot,[24] as well as other productivity tools like Slack,[25] G Suite,[26] MS Teams, Zapier, Dropbox and QuickBooks.[27]

Awards

See also

Notes and References

  1. Web site: Contact Us Teamwork . Teamwork.com . 13 September 2021 . 13 September 2021.
  2. Web site: Teamwork duo take on world No 1 Basecamp for $100m prize pot. independent.ie. en-US. 2016-09-01.
  3. Web site: The Work and Project Management App Loved by Professionals. Teamwork.com. en-US. 2016-09-01.
  4. Web site: Helpdesk Software That Delivers Happiness. Teamwork.com. en-US. 2016-09-01.
  5. Web site: Built for Better Teamwork. Teamwork.com. en-US. 2016-09-01.
  6. Web site: Knowledge Base Software. Teamwork.com. en-US. 2021-01-13.
  7. Web site: CRM Software. Teamwork.com. en-US. 2021-01-13.
  8. Web site: Cork based Teamwork raised $70m in funding . 6 July 2021 . 5 August 2021. RTÉ News . rte.ie .
  9. Web site: The Irish software firm used by Disney are looking for developers to move to Cork. newstalk.com. 2016-06-07.
  10. Web site: Start-up Advice: Peter Coppinger, Teamwork.com . 2016-05-10. Silicon Republic. en-GB. 2016-05-24.
  11. Web site: DomainSherpa . domainsherpa.com . Interview with Peter Coppinger 6 March 2017.
  12. Web site: Why we moved from Basecamp to TeamworkPM. foliovision.com.
  13. Web site: Teamwork Introduces New Products Desk and Chat . Project-Management.com.
  14. Web site: Irish software company buys Teamwork.com domain for US$675,000 . Silicon Republic.
  15. Web site: Irish software company buys Teamwork.com domain for US$675,000 - Enterprise siliconrepublic.com - Ireland's Technology News Service. Kennedy. John. 2014-01-22. Silicon Republic. en-GB. 2016-05-23.
  16. News: Cork-based company Teamwork.com set for rapid expansion. The Irish Times. en-US. 2016-05-23.
  17. Web site: Blog - Cascade named a cool vendor 2015 by Gartner. executestrategy.net. 23 May 2016. 3 May 2016. https://web.archive.org/web/20160503083244/https://www.executestrategy.net/blog/cascade-named-a-cool-vendor-2015-by-gartner/. dead.
  18. Web site: Teamwork invests €1 million in office expansion - The Sunday Business Post. 2016-02-14. The Sunday Business Post. en-US. 2016-05-24.
  19. News: Tech firm leasing three floors. The Irish Times. en-US. 2016-05-23.
  20. Web site: The Irish software firm used by Disney are looking for developers to move to Cork. newstalk.com. 2016-06-07.
  21. Web site: Cork software company Teamwork raises $70m. irishtimes.com . Irish Times .
  22. Web site: Make Work More Efficient with Teamwork Products. teamwork.com .
  23. Web site: Teamwork Features G2. G2.com.
  24. Web site: Teamwork HubSpot Integration Connect Them Today. ecosystem.hubspot.com.
  25. Web site: Teamwork Slack App Directory. 2021-08-17. slack.com. en-US.
  26. Web site: G Suite Single Sign-On. Teamwork.com .
  27. Web site: QuickBooks Online Integration – How to Set Up Your Connection. Teamwork.com .
  28. Web site: Company of The Year Awards 2016 - Part 2: Nominees in the SME category. www.irishexaminer.com. 2016-05-25.
  29. Web site: Top 50 Irish tech companies hit €1.6bn turnover. www.independent.ie. 2016-11-07.
  30. Web site: Teamwork Named Gartner Cool Vendor 2015. blog.teamwork.com. 2015-06-23. 2 March 2019. https://web.archive.org/web/20190302090751/https://blog.teamwork.com/gartner/. dead.