Adaptive Planning 2009 Results

DFN: Adaptive Planning and Host Analytics are to Budgeting & Forecasting platforms, on a SaaS (Software as a Service). They compete with Essbase, Cognos, Outlooksoft, etc. SaaS reside out somewhere in the ‘cloud’. SaaS is a ‘per use’ product, Essbase is you buy it / install it / use it on your own servers. An installation of a Saas product might run $250K, an installation of an Essbase like product $1M. Of course both platforms compete with Excel, which might run $250. The allure is that these products will help you plan better, quicker, etc. All these platforms require some maintenance, and they don’t run themselves.

Adaptive Planning Announces Record Results for 2009 and Major Momentum in Adaptive Planning Blog
https://community1.adaptiveplanning.com/ap/blogs
Posted by Greg Schneider Jan 19, 2010
Today we are very pleased to announce that 2009 was the strongest year in Adaptive Planning’s history. Some of the many records and highlights include:

•70% revenue growth vs. 2008

•A 70% win rate in qualified deals

•Over 660 total clients

•Notable new customers, including Bunzl Distribution, Catholic Charities USA, CORT — A Berkshire Hathaway Company, Embraer Aircraft Holding Inc., International Power America, Jigsaw Data Corporation, NANA Management Servicess LLC, Odyssey Healthcare, San Francisco Ballet, Terdayne and Vail Resorts

•Major distribution relationship with NetSuite

•Release of Adaptive Planning 6.0, with multi-dimensional planning capabilities and best-in-class NetSuite integration, as well as the introduction of a new benchmarking initiative

•Expanded local language support, which now includes English, French, German, Japanese, Chinese and Russion

•Prestigious awards, including the Software and Information Industry Association’s CODiE Award for Best Business Intelligence Solution, the Red Herring 100 North American Award, the Technosium Hot Company Award, the BeyeNetwork Vision Award for SaaS BI, and Think Strategies’ Best of SaaS Showcase Award. Additionally, the company was named a CRN Emerging Vendor, and was the only multi-tenant software as a service (SaaS) provider to be awarded Core Vendor status in BPM Partners’ annual Pulse Survey, where we also achieved top-tier customer satisfaction marks.

•Appointment of experienced executive Hamid Bahadori as Vice President of Engineering and Hosted Operations

As described in our announcement, the challenging economic environment over the past year highlighted our unique value proposition. First of all, the high level of economic uncertainty has increased finance organizations’ requirements for more frequent and accurate re-planning and what-if analysis, which allow them to make better-informed decisions with greater agility. And secondly, in this environment our affordable, quick to implement and easy to use solution is an ideal fit. It fits’ companies’ budget realities, and goes live quickly, which allows teams to have an immediate impact on their businesses.

0 Adaptive Planning Announces Record Results for 2009 and Major Momentum in Adaptive Planning Blog
Posted by Greg Schneider Jan 19, 2010
Today we are very pleased to announce that 2009 was the strongest year in Adaptive Planning’s history. Some of the many records and highlights include:

•70% revenue growth vs. 2008

•A 70% win rate in qualified deals

•Over 660 total clients

•Notable new customers, including Bunzl Distribution, Catholic Charities USA, CORT — A Berkshire Hathaway Company, Embraer Aircraft Holding Inc., International Power America, Jigsaw Data Corporation, NANA Management Servicess LLC, Odyssey Healthcare, San Francisco Ballet, Terdayne and Vail Resorts

•Major distribution relationship with NetSuite

•Release of Adaptive Planning 6.0, with multi-dimensional planning capabilities and best-in-class NetSuite integration, as well as the introduction of a new benchmarking initiative

•Expanded local language support, which now includes English, French, German, Japanese, Chinese and Russion

•Prestigious awards, including the Software and Information Industry Association’s CODiE Award for Best Business Intelligence Solution, the Red Herring 100 North American Award, the Technosium Hot Company Award, the BeyeNetwork Vision Award for SaaS BI, and Think Strategies’ Best of SaaS Showcase Award. Additionally, the company was named a CRN Emerging Vendor, and was the only multi-tenant software as a service (SaaS) provider to be awarded Core Vendor status in BPM Partners’ annual Pulse Survey, where we also achieved top-tier customer satisfaction marks.

•Appointment of experienced executive Hamid Bahadori as Vice President of Engineering and Hosted Operations

As described in our announcement, the challenging economic environment over the past year highlighted our unique value proposition. First of all, the high level of economic uncertainty has increased finance organizations’ requirements for more frequent and accurate re-planning and what-if analysis, which allow them to make better-informed decisions with greater agility. And secondly, in this environment our affordable, quick to implement and easy to use solution is an ideal fit. It fits’ companies’ budget realities, and goes live quickly, which allows teams to have an immediate impact on their businesses.

Doug

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: