The growing need forbusiness process management software as an integration and process automation tool has created considerable opportunities for Appian. Through 2012, the company fielded considerable growth in response to industry expansion in the BPM sector.
BPM market expansion paying dividends for Appian
Appian's results for the fourth quarter 2012 were staggeringly positive, producing record gains for the period and for the year as a whole. Total orders for Appian BPM solutions doubled in Q4 2012 compared to the same period during 2011. Further, the sequential growth from Q3 2012 to Q4 2012 was 40 percent, leading to a record sales period for the leading BPM solution provider.
Matt Calkins, president and CEO of Appian, explained that the transformative nature of the company's BPM platform has spurred the considerable growth experienced throughout 2012.
"Social and mobile along with cloud present massive business opportunities, but only if they are tightly integrated with the enterprise data and business process that run the organization," said Calkins. "Appian continues to grow rapidly because our worksocial platform is transformational, and Appian as an organization is committed to the success of each and every customer."
The combination of market demand and a transformative solution has gone a long way to position Appian for success. In response, the company was placed in Gartner's Magic Quadrant earlier in 2012.
Considering what BPM can accomplish
Appian's success also stems from what businesses can accomplish when implementing BPM solutions. Solutions like worksocial help organizations navigate the challenging stream of social media, cloud computing and mobile devices. These three technological developments give companies the opportunity to streamline operations and develop a customer-centric approach to operations. They also create more complex workflows,and can overwhelm employees because they contribute to rapid data creation. These challenges create an environment in which supporting technologies are needed to ensure that workers can maximize their cloud, social and mobile assets.
BPM helps companies make the most of their technologies by integrating the IT systems and applications with business processes. As a result, diverse applications and data systems can be aligned with operational requirements, streamlining day-to-day operations. This can create a significant return on investment because BPM solutions create value on their own,while also maximizing the gains created by various IT investments. BPM, therefore, offers companies considerable revenue opportunities that can easily surmount the costs of deploying a solution.
Ben Farrell
Director of Corporate Communications
