Atlassian ups AI ante with Rovo collaborative tool

By Jon Swartz

Rovo builds on Atlassian Intelligence, technology the company debuted a year ago

Count Atlassian Corp. among the recent wave of enterprise-software companies turbocharging their push into generative AI.

On Wednesday, the company (TEAM) unveiled Rovo, collaborative software that helps boost productivity via artificial intelligence with improved search across data, tools and platforms. According to the company, the product adds specialized agents to workflows to handle time-consuming tasks, complete projects and help solve complex problems.

In an interview, Mike Cannon-Brookes, Atlassian's CEO and co-founder, described Rovo as "one of the most important, advanced and ambitious products we have ever shipped."

He added: "[AI] is on the level of the smartphone and what it can do with knowledge, content, text and video."

Rovo builds on Atlassian Intelligence, technology that the company debuted a year ago.

"Teams of the future will be humans and AI agents," said Cannon-Brookes, who became the company's sole CEO following the departure of longtime co-CEO Scott Farquhar in April. That AI-human combination, he said, will put an end to a "gazillion open tabs" and accelerate work for Atlassian's 300,000 customers, which include Domino's Pizza Inc. (DPZ) and Ovo Energy.

Nearly half (47%) of digital workers say they struggle to find the information or data they need to effectively perform their jobs, according to a recent survey by management-consulting company Gartner. Large companies with more than 2,000 employees use over 230 apps on average.

Atlassian joins the conga line of Adobe Inc. (ADBE), Salesforce Inc. (CRM) and other enterprise-software companies that are juicing their AI product portfolios.

-Jon Swartz

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05-01-24 1200ET

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