Appian Reports Record Q3 2013 Performance
International Revenue Contribution Increases 70 Percent
Appian today announced the strongest 3rd-Quarter performance in company history. Q3 2013 sales orders hit an all-time Q3 high, and total software revenue grew 31 percent over Q3 2012. In addition to on-premise deployments, Appian’s cloud business continued to grow dramatically, with Appian Cloud revenue increasing 70 percent over Q3 2012. To-date, Appian has signed 50 new customers in 2013.
“Appian’s third quarter success, and our history of accelerated growth, is the result of our commitment to delivering the world’s most innovative work platform,” said Matt Calkins, president and CEO of Appian. “First in the cloud, first with native mobile apps, first with a zero-training social interface, and all delivered in a single integrated suite built by Appian from the ground up.”
While Appian’s U.S. performance was strong, the company’s international business expanded substantially as well. Through September 30, international revenues had increased 70 percent over the same period of the prior year, contributing 30 percent of total company revenues.
To support this expansion, Appian is aggressively hiring throughout its global operations. So far in 2013, Appian has hired 97 new employees across virtually all departments, from Sales, Professional Services, and Engineering to Marketing, Training, Human Resources and more. Appian’s 2013 goal is to hire 120 new employees.
Appian’s success was largely driven by the growth of its cloud business, with roughly 40 percent of new software customers choosing cloud deployment. Appian’s unique Portable Cloud architecture delivers all the cost and speed benefits of cloud computing, while reducing cloud risk by enabling easy migration between cloud and on-premise deployment models.
New Appian customers in 2013 represent a broad range of markets. The company saw continued growth in traditionally-strong BPM markets such as Financial Services, Insurance, and Government, while also gaining significant traction in emerging BPM markets including Retail, Pharmaceuticals, Transportation and Logistics, Healthcare, and Energy/Utilities.
Customers in all of these markets chose Appian based on its ability to harness the major IT disruptions of enterprise mobility, social collaboration, cloud computing and enterprise data navigation. By tying those disruptors directly to the business processes that drive an organization, Appian allows customers to turn IT disruption into real business value.
Appian is established as the driving force for innovation in BPM software, continuing to push the boundaries of BPM’s value through “write once, deploy everywhere” native mobility, social collaboration, and more. While its competition struggles to catch up, the company further extended its leadership position in Q3 with the release of its Appian Records functionality. With Appian Records, Appian became the first and only vendor in the industry to solve the business performance and visibility problems created by siloed sets of enterprise data. The result is faster and smarter actions by customer-facing employees, increased collaboration and productivity across the organization, and holistic visibility into the overall health of the business for executives. With Appian Records, the company once again expanded the boundaries of BPM, as it has done previously by deeply-integrating social and mobile capabilities to drive participation in more effective business processes, and faster, more informed business decisions.
2013 Industry Awards and Recognition
Appian was named a “Leader” by Forrester Research in the Forrester Wave™: BPM Suites, Q1 2013 report (by Clay Richardson and Derek Miers, March 2013). Forrester also recognized Appian as a “Leader” in the Forrester Wave™: Smart Process Applications, Q2 2013 (by Andrew Bartels and Connie Moore, April 2013). In MWD Advisors’ comparative report of BPM vendors, author Neil Ward-Dutton stated, “Appian continues to forge BPM application deployment innovations through its ‘worksocial’ technology strand that brings social and mobile engagement right into the center of process operations… With its Records functionality Appian adds another foundational capability for supporting exploratory work scenarios in its platform.” (MWD Advisors, “BPM Technology Review 2013: Vendor Comparison Report,” July 2013).
Appian received accolades for being a “Best Place to Work” both regionally and nationally from the Washington Business Journal and Indeed.com, the #1 job site in the world. The company was named one of the “Rising 10 of 2013” by Homeland Security Today in its annual ranking of the top companies that produce the products and services needed to secure the nation. For the sixth year, the Appian BPM Suite was named a “Trend-setting Product” by the KMWorld judging panel, and as well as being one of KMWorld’s “100 Companies That Matter.” Appian CEO Matt Calkins was also honored as a Washington, D.C.-area “Tech Titan” by The Washingtonian.
Appian World 2013 drew the largest audience yet for the company’s annual user and BPM community conference. More than 750 registrants, from 225 unique organizations across 17 countries and 18 industries, gathered at the Ronald Reagan Building in Washington, D.C. to discuss the convergence of mobile, social and cloud technologies in the business environment.