Adaptive Insights : Adaptive Insights Accelerates Growth in Northern Europe

Adaptive Insights : Adaptive Insights Accelerates Growth in Northern Europe

ID: 544209

(Thomson Reuters ONE) -


New Nordic Resources, Partners, and Customers Reflect Adoption of Cloud Planning
Solutions

PALO ALTO, CA--(Marketwired - May 23, 2017) - Adaptive Insights, the only pure-
play cloud vendor to be named a leader in strategic corporate performance
management (CPM), continues its strong growth and expansion across the Nordics
with in-country support, partners, and new customers. The company recently
announced 2016 revenues of $80 million and today announced that over 20% of its
sales are from international markets outside of the United States.

"We see tremendous growth opportunities in Europe, particularly the Nordics and
Baltics, as enterprises increasingly recognize the need for a cloud-based
planning platform," said Tom Bogan, CEO of Adaptive Insights. "The ability to
provide support for our channel with a dedicated team in-country, as well as the
addition of leading partners in their practice areas, puts us in a strong
position to meet the growing demand for the Adaptive Suite, as we continue to
expand internationally."

Strong Channel, In-Country Support Drives Growth
Adaptive Insights currently has offices in the United Kingdom which, along with
partners, serves England, Ireland, and Scotland. To meet the increasing demand
for its cloud-based planning solutions in Europe, the company has appointed Fred
Olsson as its new director of channels for the Nordics and Baltics, and
continues to expand its partner network, including new partner, Evolvit, based
in Finland.

"We are seeing strong demand across Finland for cloud-based enterprise
solutions," said Sampsa Tirkkonen, head of CPM solutions, at Evolvit. "Adding
Adaptive Insights to our offerings enables us to target finance teams with an
integrated planning and integrated analytics solution -- the only integrated
cloud solution today. This ensures our customers will receive the leading




solution combined with our expertise to achieve their business goals."

Evolvit joins an already established partner network that includes eCraft
(Finland), Efima (Finland), Staria (Finland), Inspari (Denmark), and Miagen
(Ireland, Norway). Together, these resources provide deeper sales and support
for prospects and customers across the Nordics.

New Customers Embrace Active Planning in the Cloud
Mirroring its strong growth in the United States, Adaptive Insights continues to
expand its customer list in Europe with organizations of all sizes and across
all industries. New customers include Cargotec, Espoon Asunnot, Keuruun Sähkö,
Juuranto Group, Lahden Talot, Solteq, Tieto, and Yap Solutions.

"Working with eCraft to streamline our finance function, we determined that
Adaptive Insights offered the most comprehensive cloud solution for planning,
budgeting, and forecasting," said Päivi Keränen, CFO, of Yap Solutions, an IT
services company. "This has empowered our team to evolve from static, Excel
spreadsheets to an active planning process with the Adaptive Suite. We now have
a complete view of our performance to plan and the ability to easily and quickly
re-forecast, enabling us to better manage our business."

Another customer, Juuranto Group, a modern, service-oriented group of Finnish
companies, selected Adaptive Insights to move to a cloud-based solution that
enables their users to access the Adaptive Suite anytime, anywhere for a
continuous planning approach. "With Adaptive Suite, our planning process is more
efficient and more flexible, and, as important, we now trust the figures it
generates 100%," said Lotta Mäkelä, CFO, Juuranto Group. "We can then analyze
the data and create future scenarios, comparing them to actual and planned
figures, a critical function for today's high-performing teams."

Multifunctional energy company Keuruun Sähkö also has embraced cloud planning
with the Adaptive Suite. "In the energy industry, planning and budgeting can
easily become burdensome," said Janne Sievälä, ICT Manager, Keuruun Sähkö. "With
its driver-based scenarios and intelligent assumptions, the Adaptive Suite has
allowed us to take our budgeting and forecasting to a whole new level. Working
with Efima, we're able to implement the cloud-based solution quickly and easily.
Now we enjoy the accessibility and efficiency of modern budgeting and
forecasting to the fullest."

Click here to locate an Adaptive Insights partner in Europe.

About Adaptive Insights
Adaptive Insights is the recognized leader in cloud corporate performance
management (CPM). The company's Adaptive Suite enables companies of all sizes to
collaboratively plan and model, easily access real-time analytics, streamline
complex financial reporting, and accelerate financial consolidation. With this
best-practice active planning process, Adaptive Insights differentiates with
easy, powerful, and fast software that empowers more than 3,300 customers in
over 50 countries to drive business success.

Adaptive Insights is a privately held company with headquarters in Palo Alto,
CA. To learn more, visit adaptiveinsights.com.

Media contact
United States:
Diane Orr
Adaptive Insights
650-422-7334
mediainquiries(at)adaptiveinsights.com






This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Adaptive Insights via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 23.05.2017 - 15:00 Uhr
Sprache: Deutsch
News-ID 544209
Anzahl Zeichen: 6104

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