1. Blackbaud showcases product innovations at May 6-9 Update Briefings. 2. Focus on AI-powered features enhancing user experience and efficiency. 3. New tools aim to support key sectors like education and fundraising. 4. CEO highlights commitment to accelerate pace of innovation. 5. Blackbaud serves nonprofits globally, emphasizing social impact.
Blackbaud is focusing on AI enhancements that could drive demand, similar to previous successful product launches like Blackbaud Fundraising. Historical trends show that excitement around product updates often leads to positive stock movement.
The article details important product innovations likely to be met with positive market response impacting BLKB's stock momentum, aligning with their strategy of leveraging AI for growth.
Immediate interest from investors and customers can influence stock prices following product announcements, reflecting similar market reactions during past events.
CHARLESTON, S.C., May 6, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will share a wide range of enhancements and upcoming innovation across its product portfolio this week at its semi-annual Product Update Briefings, taking place virtually, starting today.
"We continue to build on the six waves of innovation unveiled on the mainstage of our annual user conference, bbcon, late last year," said Sudip Datta, chief product officer, Blackbaud. "By creating connected experiences, enriched with powerful AI, we are enabling social impact organizations to go further, faster as they work toward their missions. We told our customers last year they should expect an accelerated pace of innovation from us—and we're committed to delivering on that. We're excited to kick off this latest round of Product Update Briefings where we'll showcase a wide range of developments across our suite of solutions and unveil where our products are headed next."
Attendees will hear from product leaders across the company as they review roadmaps and offer previews, and discuss longer-term development, centered around the themes Blackbaud announced at bbcon 2024. In some cases, customers can even learn how to get early access to new tools and provide feedback that shapes feature development. Across the briefings, attendees will see the many ways that Blackbaud's Intelligence for Good® AI strategy is being implemented to make AI powerful, convenient directly within products, and responsible.
"From Blackbaud Copilot—our AI powered coach and assistant being introduced within multiple solutions—to the introduction of AI-powered adaptive models in prospect insights, to convenient, helpful AI tools that will make workdays easier for teachers, frontline fundraisers, grant managers, CSR program leaders and more, we're delivering on our commitment to free our users up for their uniquely human work, with AI they'll actually use," said Carrie Cobb, chief data and AI officer, Blackbaud.
For more on these updates and to view the full list of Product Update Briefing sessions, register here.
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud's essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud's solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
SOURCE Blackbaud