Appian(APPN)
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Why Appian (APPN) Stock Might be a Great Pick
Zacks Investment Research· 2024-03-20 14:01
Company Insights - Appian Corporation (APPN) is currently experiencing positive earnings estimate revisions, indicating a more favorable outlook from analysts [1][2] - Current quarter estimates have improved from a loss of $0.20 per share to a loss of $0.16 per share, while current year estimates have narrowed from a loss of $0.71 per share to a loss of $0.64 per share [2] - The company holds a Zacks Rank 3 (Hold), which is considered a favorable signal for potential investors [2] Industry Insights - The Internet - Software industry has a Zacks Industry Rank of 37 out of more than 250 industries, positioning it well compared to other segments [1] - The positive trends in the Internet - Software space suggest that a rising tide may benefit multiple companies within the industry [1]
Amadori Transforms Business with Appian Process Automation
Prnewswire· 2024-03-13 09:10
Italy's leading agribusiness company dramatically reduced the time between asset maintenance and order generation on Appian.MILAN, March 13, 2024 /PRNewswire/ -- Amadori, the leading agribusiness company in Italy, relies on Appian (Nasdaq: APPN) for digital business transformation. Leveraging the Appian Platform, Amadori has built a faster, more flexible, and future-proof technology infrastructure. With almost a decade of partnership, Amadori has successfully streamlined and modernised various business func ...
Improve Operations and Service Delivery with Appian Case Management Studio
Prnewswire· 2024-03-05 14:00
Core Insights - Appian has launched the Appian Case Management Studio, an AI-powered modular case management designer that enables organizations to configure case management applications quickly and efficiently [1][2][3] Group 1: Product Features - The Appian Case Management Studio helps business teams connect case data, systems, and teams to optimize workflows in areas such as internal operations, customer service, employee onboarding, and regulatory compliance [1][2] - It offers intuitive tools for building custom case management applications, including drag-and-drop form creation, simplified data modeling, and workflow controls, facilitating a case management as a service (CMaaS) approach [2][3] - The platform includes essential features that cover 80% of typical case management needs out of the box, with additional modules available for enhanced functionality [3] Group 2: AI and Automation - Advanced AI capabilities assist users in managing routine tasks such as case note summarization, document content summarization, case linking, and AI-powered search [3] - The AI features are designed to protect sensitive data while improving understanding and productivity for caseworkers [3][5] Group 3: User Empowerment - The Case Management Studio empowers business users to create and modify case applications without heavy reliance on IT, allowing for faster adaptation to business needs [3][5] - Business technologists can easily create forms, data models, workflows, and reports, democratizing the development process [3] Group 4: Implementation and Support - Appian offers a unique service called the Appian Guarantee for Case Management Studio, enabling customers to have a fully customized solution in as little as six weeks [4] - The company emphasizes the importance of continuous improvement and process excellence through automated insights and performance suggestions [3]
Appian Unifies Generative AI, Enterprise Data, and End-to-End Process Automation
Prnewswire· 2024-03-05 14:00
Core Insights - Appian has launched the latest version of its Appian Platform, integrating Generative AI with process automation to enhance business processes and user experience [1][2][3] Generative AI Features - The new generative AI prompt builder AI skill allows users to utilize generative AI within their process automations, enabling tasks such as content summarization and customer communications [2][3] - Users can design generative AI skills using a low-code approach, facilitating quick and intuitive development and testing [2][3] Case Management Enhancements - Appian Case Management Studio enables users to create custom case management solutions rapidly, utilizing no-code tools and drag-and-drop features [3] - The studio enhances workflow efficiency by automating routine tasks like case summarization and linking, while providing insights for continuous process improvement [3] Data Fabric Analytics - Data Fabric Analytics has been enhanced to provide robust business intelligence reporting, allowing users to analyze data and identify patterns using AI-generated insights [3] - This feature is now generally available, marking the end of its preview phase [3] Robotic Process Automation (RPA) - The latest release streamlines RPA, allowing robotic tasks to be executed directly from an Appian process model, improving end-to-end automation [3] - An enhanced operations console enables better monitoring of robotic task executions [3] Integration and Security - Popular plug-ins can now be integrated directly into Appian Portals, improving user experience with features like rich text editors and mapping tools [3] - Appian Portals have achieved FedRAMP certification, ensuring high security standards for federal agencies [3] User Testimonials - Users, such as the University of South Florida, highlight the importance of automation and efficiency in enhancing user experiences and reallocating resources to strategic initiatives [4] - Appian's CTO emphasizes the balance of speed and security in their private AI architecture, ensuring data ownership for users [4][5]
Appian Partners with Symphony to Enable Compliant Financial Communications and Process Automation
Prnewswire· 2024-02-29 08:30
The use of non-compliant messaging platforms by financial institutions has resulted in billions of dollars of regulatory fines. Trusted by over a thousand financial institutions worldwide, Symphony provides secure, compliance-enabling business communication. The Appian Platform makes it easy for firms to automate their processes with AI, reduce risk, and reach new levels of efficiency, eliminating data silos and ensuring every workflow is secure and compliant. "Appian and Symphony are committed to making ...
Appian to Participate in Upcoming Investor Conferences
Newsfilter· 2024-02-27 22:02
MCLEAN, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences. Bernstein's 2nd Annual Tech, Media, & Telecom (TMT) 1:1 Forum. Will host meetings on Wednesday, February 28, 2024. KeyBanc Emerging Technology Summit. The presentation/fireside chat is scheduled for Tuesday, March 5, 2024 at 1:30 p.m., Eastern Time. Morgan Stanley Technology, Media & Telecom Conference ...
Appian to Participate in Upcoming Investor Conferences
Globenewswire· 2024-02-27 22:02
MCLEAN, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Appian (Nasdaq: APPN) announced today that management will be presenting and hosting meetings with institutional investors at the following upcoming conferences. Bernstein's 2nd Annual Tech, Media, & Telecom (TMT) 1:1 Forum. Will host meetings on Wednesday, February 28, 2024.KeyBanc Emerging Technology Summit. The presentation/fireside chat is scheduled for Tuesday, March 5, 2024 at 1:30 p.m., Eastern Time.Morgan Stanley Technology, Media & Telecom Conference ...
<span class="langspan" lang="de">Appian wird als führend im Everest Group Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023 eingestuft</span>
Prnewswire· 2024-02-21 08:30
BERLIN, 21. Februar 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) wird im Everest Group Insurance Technology Report Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023 als führend eingestuft. Der Bericht analysiert 21 Low-Code-Versicherungsanbieter in mehreren Bewertungsdimensionen, darunter: Appian is named a Leader in the Everest Group insurance technology report, Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023. Vision und Fähigkeit zur erfolgreichen Produktbe ...
<span class="langspan" lang="nl">Appian genoemd als leader in Everest Group's Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023</span>
Prnewswire· 2024-02-21 08:30
AMSTERDAM, 21 februari 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) kondigde vandaag aan dat het is benoemd tot Leader in Everest Group insurance technology rapport, Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023. Het rapport analyseert 21 low-code verzekeringsaanbieders op meerdere evaluatiegebieden waaronder: Appian is named a Leader in the Everest Group insurance technology report, Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023. Visie en vermogen om p ...
Down 84%, Is This Artificial Intelligence (AI) Stock a Buy After an Earnings Pop?
The Motley Fool· 2024-02-19 13:07
Core Viewpoint - Appian's stock has experienced significant volatility, dropping 84% from its peak in early 2021, but recently saw a 12% increase following strong fourth-quarter earnings, driven by growth in cloud revenue and new AI initiatives [1][2]. Financial Performance - Appian reported a 26% increase in cloud revenue, reaching $83.1 million in the fourth quarter, contributing to an overall revenue growth of 16% to $145.3 million, surpassing estimates of $140.9 million [2]. - The company achieved an adjusted profit per share of $0.06, contrasting with the consensus estimate of a $0.24 loss and an actual loss of $0.28 in the same quarter the previous year [2]. - Operating costs were reduced while growing the business, with expectations to reach break-even for adjusted EBITDA in 2024 after reporting a $1 million EBITDA profit in the fourth quarter [2][5]. AI and Data Fabric Initiatives - Appian is focusing on low-code data technology, which allows better control over customer data without housing it, functioning as a "virtual database" [3]. - The data fabric feature has become a key component of Appian's AI strategy, promoting "private AI" that enables customers to own their data while providing tools for access and understanding [3]. - The CEO emphasized that these new features are expected to drive revenue differentiation and competitive advantage for the company [4]. Customer Engagement and Future Outlook - The fourth quarter saw a net retention rate growth of 119%, indicating existing customers increased their spending by 19% year over year [5]. - Appian's full-year guidance anticipates a 20% growth in cloud revenue and a 13% increase in total revenue, with an expected adjusted EBITDA loss of $23 million to $25 million, but management projects positive EBITDA by 2025 [5]. - An upcoming Investor Day conference in April is expected to provide updates on AI and data fabric, potentially boosting investor interest and stock performance [6].