License Bookings up 151 Percent, Total Bookings Up 86 Percent, Over Q3 2013
RESTON, Va.—October 15, 2014—Appian today announced the company’s Q3 2014 performance results. In Q3 2014, software license bookings for Appian’s business process management (BPM)-based Application Platform grew 151 percent as compared to Q3 2013, and total bookings increased 86 percent over the same period. Total bookings for 2014 year-to-date increased 82 percent, and total revenues for 2014 year-to-date grew 55 percent, both over the same period in 2013. Appian’s Platform-as-a-Service business continued to grow, with Appian Cloud software license bookings increasing 155 percent in year-to-date 2014 over the same period in 2013.
Enhancements to the Appian 7 platform focused on making application easy to build, maintain and use. Appian 7 is leading the evolution of modern Application Platforms that unify enterprise data, process management, native mobility, social collaboration, and flexible hosting with easy migration between cloud and on-premise. Appian also continued to enhance its unique Appian SAIL (Self-Assembling Interface Layer) technology for dynamic user interfaces that render natively on desktop and mobile devices with no additional coding. Highlights of the latest version of Appian 7 include:
Increased Ease of App Design
Enhanced Visibility of User Activity for Administrators
Greater Accessibility for End-Users
New Customer Acquisition & Upsell
In Q3 2014, Appian continued to attract new customers across key vertical industries such as Financial Services, Insurance, Pharmaceuticals, Government, and Healthcare. In addition, Appian’s education vertical business expanded, with multiple institutions around the world choosing Appian in the quarter.
The maturation of Appian’s Application Platform capabilities has driven more upsell business among existing Appian customers than at any previous time. On average across its customer base, Appian customers now have more than a dozen Appian applications within their enterprise-wide Appian programs. In Q3 2014, existing government customers expanded their use of Appian to improve efficiency and flexibility in Case Management; Transportation customers broadened their Appian programs to improve customer service and fleet maintenance; and Appian booked new seven-figure deals with existing Financial Services customers expanding their Appian programs to mobile key processes, maximize customer lifetime value, and support compliance programs.
Appian helps organizations build apps and workflows rapidly, with a low-code automation platform. Combining people, technologies, and data in a single workflow, Appian can help companies maximize their resources and improve business results. Many of the world’s largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk management and compliance.