WalkMe Ltd. announced the launch of new generative AI (GenAI) capabilities as part of its spring '24 product release. These innovations, including AI Answers and AI Smart tips, are the first components of a broader GenAI offering WalkMe will reveal at their annual event, Realize, on June 18. These new capabilities highlight the company's commitment to enhancing user productivity and improving data quality across enterprise systems while making GenAI easy to use for anyone.

AI Answers introduces a new level of conversational search that allows users to pose questions in natural language and receive clear, human-like responses, transforming how information is accessed across business environments. This capability is designed to integrate seamlessly with company-approved sources, providing accurate and compliant information to one team, the entire company, or customers. By guiding users with real-time input validations, AI Smart tips ensures that data entries are not only compliant, but also of high quality, eliminating common issues like inadequate or compatible inputs.

This new feature further enables WalkMe customers to avoid the high price of low quality data, including bottlenecked operations, derailed business strategies, and unnecessary risk. Alongside these AI advancements, the spring '24 product release also brings enhancements to WalkMe's Workflow solutions. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the following: ability to manage the growth effectively, sustain the historical growth rate in the future or achieve or maintain profitability; the impact of the COVID-19 pandemic or adverse macro-economic changes on the business, financial condition and results of operations; the growth and expansion of the markets for the offerings and the ability to adapt and respond effectively to evolving market conditions; the estimates of, and future expectations regarding, the market opportunity; the ability to keep pace with technological and competitive developments and develop or otherwise introduce new products and solutions and enhancements to the existing offerings; the ability to maintain the interoperability of the offerings across devices, operating systems and third-party applications and to maintain and expand the relationships with third-party technology partners; the effects of increased competition in the target markets and the ability to compete effectively; the ability to attract and retain new customers and to expand within the existing customer base; the success of the sales and marketing operations, including the ability to realize efficiencies and reduce customer acquisition costs; the percentage of the remaining performance obligations that we expect to recognize as revenue; the ability to meet the service-level commitments under the customer agreements a nd the effects on the business if they are unable to do so; the relationships with, and dependence on, various third-party service providers; the dependence on the management team and other key employees; the ability to maintain and enhance awareness of the brand; the ability to offer high quality customer support; the ability to effectively develop and expand the marketing and sales capabilities; the ability to maintain the sales prices of the offerings and the effects of pricing fluctuations; the sustainability of, and fluctuations in, the gross margin; risks related to the international operations and the international business operations; the effects of currency exchange rate fluctuations on the results of operations; challenges and risks related to the sales to government entities; the ability to consummate acquisitions at the historical rate and at acceptable prices, to enter into other strategic transactions and relationships, and to manage the risks related to these transactions and arrangements; the ability to protect the proprietary technology, or to obtain, maintain, protect and enforce sufficiently broad intellectual property rights therein; the ability to maintain the security and availability of the platform, products and solutions; the ability to comply with current and future legislation and governmental regulations to which the are subject or may become subject in the future; changes in applicable tax law, the stability of effective tax rates and adverse outcomes resulting from examination of the income or other tax returns; risks related to political, economic and security conditions in Israel; the effects of unfavorable conditions in the industry or the global economy or the global economy.