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Slingshot, Cranbury, New Jersey, United States: Slingshot Uses the Power of Data and AI to Heighten Team Productivity and Performance

Company: Slingshot, Cranbury, NJ
Nomination Submitted by: Channel V Media
Company Description: Slingshot is a digital workplace platform, built by software giant Infragistics, where teams can collaborate, manage their content, set goals, and make decisions based on the data they need to do their jobs--all in one place. Companies use Slingshot to streamline day to day work activities for their remote, in-person, and hybrid teams.
Nomination Category: Product & Service Categories - Business Technology Solutions
Nomination Sub Category: Work Management Platform
2024 Stevie Winner Nomination Title: Slingshot Uses the Power of Data and AI to Heighten Team Productivity and Performance
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

    This is a new version of an existing product, the first update working towards a more AI-driven platform was April 13th, 2023. More updates have been released since then as well.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):

    Total 346 words used.

    Slingshot, the digital workplace platform enabling teams to collaborate and make data-driven decisions, is now also empowering companies to introduce AI internally for heightened productivity.

    As AI’s popularity grows, Slingshot is introducing features to prepare companies for an AI-future, from setting a data foundation to introducing AI capabilities.

    While tools like Asana give users access to analytics about their immediate projects, Slingshot’s Data Catalog takes access a step further, bringing together all relevant data that has traditionally been spread across departments into a central location. Companies now can:

    • Enable teams and departments to see, in real time, what’s working and what’s not via access to the specific insights that influence their work.

    • Redefine data for the everyday business user. Data is no longer just the domain of data scientists; it’s for anyone that tracks performance, platforms, people, projects, and processes. 

    • Allow teams to visualize data so they can act on it. Slingshot lets users choose the data they want to understand, over any period of time, and convert it into a number of different charts and graphics, to easily identify trends, compare performance, and make decisions.

    • Integrate data into teams’ daily workflows. Because the data catalog is integrated into Slingshot’s larger digital workplace, teams can go from insight to collaboration to decisions, and back.

    AI can act on data, but it can’t retrieve data from tools across the organization– with Slingshot compiling all data into one place, businesses have the foundation necessary to start implementing AI use cases.

    Additionally, Slingshot has introduced its own AI capability. When a team member misses a meeting and needs to comb through notes for their action items or a particular point, time is taken away from tasks that drive business value. To solve this inefficiency, Slingshot has implemented AI into their teams messaging channels to summarize meeting notes and develop action items - creating visibility and eliminating time previously wasted.

    Teams will soon also be able to integrate AI in Slingshot throughout the platform - allowing teams to automatically pull information such as specific trends from a set of data.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):

    Total 298 words used.

    Over the past year, Slingshot has continued to grow exponentially and seen an increased amount of adoption. In comparison to last year, Slingshot has had 70% more users coming to use the platform each day.

    Hispanic deli meat company, https://cibaomeat.com/">Cibao Meat Products, partnered with Slingshot to streamline their internal data analysis and workflow processes, allowing them to reach a 25% increase in their team’s efficiency and enhancing the quality of their insights and decision-making. 

    About Slingshot, Heinz Vieluf Jr. , President of Cibao Meat Products said, “Before integrating Slingshot, we faced challenges in managing and interpreting our vast data sets efficiently. However, Slingshot’s innovative features and user-friendly design have enabled us to overcome these hurdles, transforming our data analysis into a seamless and productive experience. With its powerful analytics capabilities, we’ve gained deeper understandings of our operational data, uncovering valuable trends and patterns that were previously unnoticed. This has led to more informed decisions and strategies, propelling our business forward in a competitive landscape.”

    Slingshot also enabled https://www.mlbmortgage.com/">MLB Residential Lending to create data visualizations and use the insights to inform business decisions. The company now makes visual dashboards in minutes instead of days, saving the company $8,000 each month. 

    Samuel Lamparello, CEO of MLB Residential said, “Slingshot has massively improved our business efficiencies! We absolutely love it! From day one, we were able to connect ALL our operating systems and our financial systems to Slingshot.  We now have instant KPIs in a super viewer friendly customized depiction. With Slingshot, nearly every employee has an instant “scoreboard” of data.  Everyone benefits from its task communication tools that have a central reservoir of support data.  This gives all employee levels a higher level of efficiency. This alone is a massive advantage that can catapult any company to superiority.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 14 words used.

    I’ve attached a slides deck with some of Slingshot’s press coverage for additional information.

Attachments/Videos/Links:
Slingshot Uses the Power of Data and AI to Heighten Team Productivity and Performance
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