Appian Strengths, Domain Expertise, and Key Differentiators
Appian's integrated platform for process automation stands out as a pivotal distinguishing factor in the current market landscape. Presently, they occupy a unique position among enterprise software providers by offering Workflow, Artificial Intelligence (AI), Robotic Process Automation (RPA), Data Fabric, and Process Mining capabilities within a singular, fully integrated low-code framework. This comprehensive approach streamlines the resolution of intricate use cases, particularly those spanning multiple organizational departments and engaging external stakeholders such as customers and vendors.
Appian offers a low-code platform facilitating swift and efficient development, deployment, and management of enterprise-grade custom applications and workflows. Utilizing an intuitive visual interface, users can create solutions with minimal coding effort. Powered by patented SAIL technology, applications built on this platform boast seamless deployment across various mobile and desktop devices. This technology also enables developers to create applications once and ensure consistent performance across different environments. Enterprises commonly leverage the platform to modernize legacy systems, extending their lifespan and enhancing functionality. Available for installation on any cloud or on-premises infrastructure, the platform ensures consistent access to functionality and data sources. Tailored to meet the rigorous requirements of government and enterprise clients, it boasts top-tier security certifications.
Appian Recent Developments
In October 2023, Appian appointed Randy Guard as Chief Marketing Officer. In this role, he will lead the company's global marketing endeavors, emphasizing the delivery of Appian's comprehensive process automation vision and showcasing the transformative capabilities of the Appian Platform to organizations globally.
In November 2021, Appian reported highly favorable third-quarter financial results. Cloud subscription revenue surged by 36% year-over-year to $46.7 million, surpassing the upper limit of their projected range, while subscriptions revenue grew by 32% year-over-year to $67.2 million. However, the GAAP net loss for the third quarter of 2021 widened to $(25.4) million from $(3.6) million in the third quarter of 2020. GAAP net loss per share also increased to $(0.36) for the third quarter of 2021, based on 71.1 million weighted-average shares outstanding, compared to $(0.05) for the third quarter of 2020, based on 69.9 million weighted-average shares outstanding. As of September 30, 2021, Appian held total cash, cash equivalents, and investments amounting to $188.5 million.
Appian Mergers and Acquisitions (M&A) Activities
In August 2021, Appian completed the acquisition of Lana Labs, renowned for its development of the LANA Process Mining Platform. Lana is distinguished for its proficiency in intricate enterprise processes, leveraging robust AI- and machine learning-driven analysis, and seamless data integration. Clients benefit from streamlined data consolidation, allowing for enhanced focus on identifying process inefficiencies. With the integration of native process mining capabilities, Appian now offers a comprehensive Low-Code Automation Suite. The LANA platform features proprietary machine learning algorithms that automate the analysis of complex business workflows, fostering greater intelligence and efficiency within organizations.
Appian Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Appian applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Appian and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Appian BPM Suite customers.
Appian Overview
7950 Jones Branch Drive
McLean, VA, 22102, United States
1 703-442-8844
https://www.appian.com/
Ownership: - NASDAQ : APPN
Number of Employees: 2307
Functional Markets: Analytics and BI, Content Management, CRM, eCommerce, ERP Financial, ERP Services and Operations, PPM, Procurement, SCM, TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Appian Key Enterprise and Cloud Applications
Appian BPM Suite
Appian Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Appian Revenue Breakdown By Type, $M:
Appian Enterprise Applications Revenues By Functional Markets, $M:
Appian Enterprise Applications Revenues By Verticals, $M:
Appian Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Appian Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Appian Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Appian Customers
No. of Appian Customers: 925
No. of Appian Enterprise Applications Customers: 925
No. of Appian Cloud Customers: x
No. of Appian Cloud Subscribers: x
Appian continues to expand its clientele across diverse industries, spanning financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, transportation, and beyond. The company maintains that the market for its platform remains in its nascent stages, presenting a substantial opportunity for the acquisition of additional large enterprise and government clients on a global scale. Noteworthy among their esteemed clientele are renowned organizations such as AON, Aegon, Daimler, GSK, Lavazza, KONE, KPMG, Medtronic, MERCK, MunichRe, Payoneer, Prysmian Group, TMobile, Union Bank, Belong, Vontobel, Pandora Jewelry, Entelgy and numerous others.
Appian Market Opportunities, M&A and Geo Expansions
The recent expansion of Appian's global presence, including the establishment of new headquarters in the United Kingdom and Australia, has the potential to significantly enhance the company's success. Their platform's inherent multilingual capabilities are tailored to foster collaboration and tackle the complexities inherent in multinational enterprises. With Appian Cloud strategically positioned across 15 countries, encompassing 31 regions and 99 availability zones, the company effectively addresses the data residency requirements of its global clientele. Notably, in 2022, approximately 34% of their total revenue originated from customers outside the United States, underscoring their international market penetration. As of December 31, 2022, operations spanned 15 countries, with a firm belief in the substantial opportunity for further international expansion. Appian is actively investing in new markets through direct and indirect sales channels, professional services, customer support, and strategic partnerships in pursuit of sustained growth.
Appian Risks and Challenges
Appian's reliance on a singular product renders the company susceptible to fluctuations in market reception. Consequently, any faltering acceptance of their platform may precipitate adverse effects on their operational performance.
Appian Ecosystem, Partners, Resellers and SI
In 2023, Appian strategically expanded its global presence with the inauguration of new offices in Mexico and Portugal, alongside the establishment of new regional headquarters in the United Kingdom for EMEA operations and in Australia for APAC operations. These new facilities are poised to serve as pivotal centers for Appian's ongoing growth initiatives across the UK, Europe, the Middle East, Africa (EMEA), APAC, and Latin America (LATAM).
In October 2021, The University of Texas at Dallas (UTD), in collaboration with Appian, launched a new course on Intelligent Automation for the 2021-2022 academic year. Following a successful trial run in the previous spring semester, all graduating students received job offers as low-code developers, with 100% certification as Appian Associate Developers. The course, leveraging the Appian Low-Code Platform, employs an experiential learning methodology, enabling students to gain practical experience with leading low-code technology. Through hands-on exercises, students acquire proficiency in Process Orchestration, Modeling, Re-engineering, Robotic Process Automation, and Intelligent Document Processing (IDP).
In July 2021, Appian inaugurated its new regional office in Japan. The country's accelerating labor force contraction underscores the pressing demand for advanced automation solutions.
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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