In its opinion, the Court of Appeals of Virginia fundamentally misread and misapplied precedent from the Supreme Court of Virginia and failed to give due regard to the trial judge's evidentiary determinations and trial misconduct by PegasystemsMCLEAN, Va., July 30, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced today that it will appeal the decision by the Court of Appeals of Virginia and seek to reinstate its judgment of willful and malicious trade secret misappropriation against Pegasystems Inc. ("P ...

Company Overview - Appian (APPN) shares increased by 6.9% to close at $37.49, with a notable trading volume compared to normal sessions, and a total gain of 17.9% over the past four weeks [1] - Appian is launching the latest version of the Appian Platform for AI process automation, focusing on enhancing end-to-end automation and data-driven decisions through self-service analytics and generative Private AI [1] Financial Performance - Appian is projected to report a quarterly loss of $0.31 per share, reflecting a year-over-year change of +20.5% [1] - Expected revenues for Appian are $142.07 million, which indicates an 11.2% increase from the same quarter last year [1] Market Trends - The consensus EPS estimate for Appian has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [2] - Appian holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [2] Industry Comparison - Appian operates within the Zacks Internet - Software industry, where another company, CrowdStrike Holdings (CRWD), experienced a 1.6% decline to $254.15, with a significant return of -32.1% over the past month [2] - CrowdStrike's consensus EPS estimate has increased by +1.8% to $0.99, representing a year-over-year change of +33.8%, but it currently holds a Zacks Rank of 5 (Strong Sell) [3]

Core Viewpoint - Appian is set to release its financial results for Q2 2024 on August 1, 2024, before U.S. markets open, and will host a conference call to discuss these results and the business outlook [1]. Group 1: Financial Results Announcement - The financial results for the second quarter ended June 30, 2024, will be announced before the market opens on August 1, 2024 [1]. - A conference call will be held at 8:30 a.m. Eastern Time to review the financial results [2]. Group 2: Conference Call Details - Participants can join the conference call via a registration link, with options for phone dial-in or instant call [2]. - The conference call will also be available as a live webcast on the Investor Relations page of Appian's website [2]. - A replay of the conference call will be accessible on the Investor Relations page after the live event [2]. Group 3: Company Overview - Appian is a software company focused on automating business processes through its AI Process Platform [3]. - The platform is designed to help organizations improve workflows, unify data, and optimize operations for better growth and customer experiences [3].

Insiders sell for a variety of reasons, many of them mundane. However, they only buy for one reason: They believe shares will swing higher in value. With that principle in mind, infrastructure software specialist Appian (NASDAQ:APPN) appears to be a compelling opportunity. Not only did a major investor place a big bet on APPN stock, it appears fundamentally undervalued.According to its public profile, Appian provides a low-code design platform, encompassing artificial intelligence, process automation, data ...

Former Software AG VP joins Appian to drive partnerships and business growth in Central EuropeBERLIN, June 27, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) has appointed Manuel Melles as Regional Vice President (RVP) for Partners in Central Europe. In this position, he will lead and grow the Appian partner ecosystem in Germany, Austria, Switzerland (DACH), and France to deliver business transformation to customers through process automation. 6004221_DGR_Manuel_Melles_Appointment_EN Manuel Melles, Regional ...

MCLEAN, Va., June 24, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) is proud to announce that Stephanie Eade, Senior Director of Global Partner Marketing, has been named by Channel Insider, a TechnologyAdvice brand, to its inaugural Channel Marketing Leaders 100 list. This prestigious list recognizes 100 of the most strategic IT channel marketers supporting the growth of their organization's North American IT channel partner programs. Appian announces that Stephanie Eade, Senior Director of Global Partner M ...

PwC supports more than 4,000 insurance clients globally and understands the problems and inefficiencies that having multiple, disparate systems (particularly legacy platforms) and complex, heavily regulated processes can bring. In addition, PwC brings market-leading capability for Appian implementation and delivery as well as first-hand experience of the benefits of running an operation using Appian. "Our alliance with Appian represents a significant step in our mission to support insurers to be more agile, ...

"Underwriters often find themselves juggling information scattered across email inboxes, outdated systems, and lengthy documents. This is especially true for life underwriters, for whom administrative burden can significantly slow down their ability to accurately assess risk in a timely manner," said Jacob Sloan, Industry Vice President, Global Insurance, Appian. "That's why Appian has partnered with Swiss Re Reinsurance Solutions to introduce Connected Underwriting Life Workbench to improve operational eff ...

Core Insights - The article discusses the challenges faced by life insurance underwriters due to scattered information and outdated systems, which hinder timely and accurate risk assessment [1] - Appian has partnered with Swiss Re Reinsurance Solutions to introduce the Connected Underwriting Life Workbench, aimed at improving operational efficiency and customer experience for life insurers [1][3] - The solution is designed to streamline underwriting processes, enhance risk management, and ensure policy consistency across multiple markets while adapting to local regulations [1][3] Group 1: Challenges in the Insurance Industry - Traditional insurance workbenches lack integration among various internal systems, partners, and third-party services, requiring underwriters to access multiple systems for a single life policy [2] - Underwriters need a unified system to manage workloads seamlessly across multiple cases and clients, which necessitates a powerful, reliable, and secure workbench to connect data and automate processes [2] Group 2: Benefits of Appian Connected Underwriting Life Workbench - The integration of Swiss Re's Magnum solution with Appian's Connected Underwriting provides insurers with a comprehensive platform for automating underwriting and workload management [3] - Key benefits include intelligent case and workload management, process automation for faster policy issuance, improved customer experience through reduced wait times and errors, and enhanced profitability by analyzing risk profiles [3]

Core Insights - Appian has appointed Emanuele Galdi as the new Senior Partner Sales Manager for Appian Italy, bringing over 15 years of IT experience in digital transformation and business process automation [1][2] - The appointment is part of Appian's growth strategy to establish itself as a leader in end-to-end business process automation in Italy, where it has seen significant employee growth since entering the market in 2015 [1][2] - Galdi's role will focus on strengthening Appian's ecosystem of partners, facilitating access to training, and introducing innovative solutions to enhance digital transformation for Italian customers [2][3] Company Growth and Strategy - Appian entered the Italian market in 2015 and has experienced a 182% increase in employees over the past five years, with a total growth of 600% since its market entry [1] - The company aims to expand its presence in Italy through a robust partner program that incentivizes and rewards partners for developing new opportunities [2][3] Role and Responsibilities of Emanuele Galdi - As Senior Partner Sales Manager, Galdi will engage with partners throughout the sales cycle, from project identification to closing sales, and will be responsible for enhancing the partner experience [2][3] - Galdi's previous experience includes roles at Capgemini and Deloitte Italia, and he holds an EMBA from the University of Pavia [3] Appian Overview - Appian is a software company specializing in automating business processes, offering a comprehensive AI Process Platform designed to optimize complex processes [4] - The company is recognized for improving workflows and unifying data to enhance operational efficiency and customer experiences [4]