Appian Announces Significant Revenue and Customer Growth
(Thomson Reuters ONE) - 1H 2009 Best 6-Month Performance in Company HistoryRESTON, VA--(Marketwire - July 29, 2009) Appian, the global innovatorin enterprise and on-demand business process management (BPM)technology, today announced strong results for the first half of2009. Despite the widespread economic recession, new orders for 1H2009 increased 67 percent over the same period last year, andrevenues set a company record.With 93 percent growth in orders and 250 percent growth in newcustomer acquisitions over the same period last year, Q2 2009 was thebest revenue quarter in Appian's history. This growth was driven byboth volume and size of transactions. Results were strong in allsectors -- international, commercial, federal and partners. Newcustomer acquisitions were complemented by expansion in several keycustomer accounts in North America and Europe.Customer Acquisition & ExpansionsAppian's success throughout 1H 2009 was driven by global marketdemand for both enterprise license and on-demand deployments ofAppian's comprehensive BPM Suite. As Appian's global customer basehas matured, many existing clients have moved beyond initial BPMprojects to drive enterprise-wide BPM programs.International Growth: Appian continued to extend its internationalpresence with customer wins and expansions across Europe (includingBest Deal Insurance, EFG Financials, and Nokia Siemens Networks),Latin America (including Fametal and Lascelles deMercado) andAsia-Pacific regions (including SSH Corporation, Yongtai Group, andJordan Dubai Capital). Appian's international business now accountsfor roughly 25 percent of company revenue, with a strong and growingpipeline.Tom Higgins, chief information officer at Territory Insurance Office,Australia's only government-owned commercial insurance and financialservices provider, said, "Appian delivered the first phase of ourproject on-time and on-budget, resulting in the most successfultechnology deployment in our company's history. Based on thatsuccess, we are now expanding our use of Appian to other areas of theorganization."Appian Anywhere: Adoption of Appian's complete BPM suite viaPlatform-as-a-Service (PaaS) delivery accelerated in 1H '09 as alow-cost, low-risk BPM entry point in response to constrainedeconomic conditions. A wide range of companies around the globe,including Associated Grocers, Federated Technologies, Steel and PipeSupply, Lascelles deMercado, and others parlayed Appian's "BPM in theCloud" 30-day free trials into paid subscriptions. In addition,Appian's Application Marketplace of Software-as-a-Service (SaaS)pre-built applications and templates continued to grow thoughpartner-driven contributions.For example, psHealth, a medical industry solution provider, hasdeveloped an on-demand case management solution for medical providersbased on the Appian platform."Appian's on-demand BPM platform is ideal for supporting our missionto help healthcare organizations leverage technology, while reducingcost and risk," said Ingolv Urnes, founder and principal at psHealth."It enables us to develop world-class solutions very quickly for ourcustomers and offers us a new and attractive subscription-basedrevenue stream."Federal Sector: Appian's long-held position as the leader in BPM forGovernment was extended with the addition of new customers Library ofCongress and Department of Defense Tricare. In addition, Appian sawvery significant add-on contributions from the U.S. Army, FEMA andFDA.Matthew Calkins, president and CEO of Appian, said, "Even withtoday's economic conditions, Appian's pipeline is at an all-timehigh, as companies seek ways to cut costs and gain efficiencies. Weare proud of our accomplishments in the first half of 2009, which arethe result of our steadfast focus on accelerating our customers' BPMsuccess."About AppianAppian is the Business Process Management (BPM) expert. Appian leadsthe market in BPM innovation, delivering comprehensive, flexible andeasy-to-use solutions tailored to the unique needs of individualorganizations. Businesses and governments worldwide use Appian tosimplify process improvement with the real-time visibility, controland analytics needed to improve business performance. Appian allowsusers across the organization to effectively collaborate and be partof the process of achieving corporate goals. Appian empowers morethan 2.5 million users globally and has a strong customer base in thegovernment, financial services, healthcare, manufacturing andtelecommunications industries. Appian is headquartered in theWashington D.C. region, with professional services and partnersaround the globe. For more information, visit www.appian.com.For Information Contact:Ben FarrellDirector, Corporate Communications+1 703.442.1067ben.farrell(at)appian.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 29.07.2009 - 10:58 Uhr
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