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Appian Named a Leader in the IDC MarketScape: Worldwide Business Automation Platforms 2025 Vendor Assessment
Prnewswire· 2025-08-21 13:00
The Appian Platform empowers organizations to orchestrate and transform their most critical business processes. By embedding advanced AI capabilities into every layer of process automation, Appian enables organizations to achieve greater agility, insight, and impact. MCLEAN, Va., Aug. 21, 2025 /PRNewswire/ -- Appian (NASDAQ: APPN) the leading platform for AI process automation, today announced it has been named a Leader in the IDC MarketScape Worldwide Business Automation Platforms (BAPs) 2025 Vendor Assess ...
Latest Appian Platform Release Delivers Enterprise-Ready AI
Prnewswire· 2025-08-19 13:00
Post this Appian announces enhancements that help organizations work smarter with faster insights, greater scalability, and more secure AI access. Appian, the leader in AI process automation, announced its latest release delivering powerful, enterprise-ready AI. Appian announces enhancements that help organizations work smarter with faster insights, greater scalability, and more secure AI access. Smart search and AI availability Appian's enhanced AI smart search delivers results based on user intent—not jus ...
Appian Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-08-07 11:05
Core Insights - Appian's second quarter cloud subscriptions revenue increased by 21% year-over-year to $106.9 million, while total revenue rose by 17% year-over-year to $170.6 million, driven by Appian AI and a larger pipeline [1][5]. Financial Highlights - Cloud subscriptions revenue for Q2 2025 was $106.9 million, a 21% increase from Q2 2024 [5]. - Total subscriptions revenue, including cloud and on-premises licenses, grew 17% year-over-year to $132.7 million [5]. - Professional services revenue reached $38.0 million, up 13% compared to Q2 2024 [5]. - The cloud subscriptions revenue retention rate was 111% as of June 30, 2025 [5]. - GAAP operating loss was $(11.0) million, significantly improved from $(39.2) million in Q2 2024 [5]. - Non-GAAP operating income was $5.6 million, compared to a loss of $(13.1) million in the same quarter last year [5]. - GAAP net loss was $(0.3) million, a substantial improvement from $(43.6) million in Q2 2024, with net loss per share breakeven compared to $(0.60) [5]. - Adjusted EBITDA for Q2 2025 was $8.1 million, compared to a loss of $(10.5) million in Q2 2024 [5]. Financial Outlook - For the full year 2025, cloud subscriptions revenue is expected to be between $429.0 million and $433.0 million, indicating a year-over-year growth of 17% to 18% [4]. - Third quarter 2025 guidance estimates cloud subscriptions revenue between $109.0 million and $111.0 million, representing a growth of 16% to 18% [4]. - Total revenue for Q3 2025 is projected to be between $172.0 million and $176.0 million, reflecting a year-over-year increase of 12% to 14% [4]. - Adjusted EBITDA for Q3 2025 is expected to range from $9.0 million to $12.0 million [4]. Business Recognition - Appian was recognized as a leader in the 2025 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms [5]. - The company was also acknowledged by Chartis for AI-Powered Process Orchestration and included in the 2025 AIFinTech100 List for transforming financial services with AI [5].
Appian Strengthens Leadership Team with Key Hires in UK and EMEA
Prnewswire· 2025-07-02 13:35
Core Insights - Appian is expanding its sales leadership team to enhance its market presence and drive growth in the UK, Europe, the Middle East, and Africa (EMEA) [1] - The new appointments include Vicky Nesbit as SVP of Sales UK and EMEA, Vincent Perrin as VP of EMEA North, and Rob Cook as VP of EMEA North for Broad Markets and Public Sector [1][2][3][4] - The strategic hires are aimed at leveraging their extensive experience to innovate and deploy AI and process orchestration for organizational success [2] Company Overview - Appian has been providing a software platform for over 25 years, helping organizations improve processes, reduce costs, and enhance customer experiences [5][6] - The company serves many of the world's largest companies across various industries, emphasizing its commitment to client success [6]
Raft and Appian Announce Strategic Partnership to Address Indo-Pacific Readiness
Prnewswire· 2025-06-10 13:00
Core Insights - Raft and Appian have formed a strategic partnership to enhance logistics and warfighting data integration for U.S. military forces in the Indo-Pacific region [1][2] - The collaboration aims to address critical operational challenges in sustaining distributed forces, particularly in the context of strategic competition with China [2][3] - The solution integrates fragmented supply chain and operational data, enabling faster and more informed decision-making [3][4] Company Overview - Raft specializes in autonomous data fusion and Agentic AI, providing advanced solutions to the Department of Defense and national security organizations [5] - The company is trusted by over 25 federal agencies, including the U.S. Air Force and U.S. Space Force, to modernize operations and enhance decision-making capabilities [4][5] - Appian delivers a software platform focused on process orchestration, helping organizations improve operational efficiency and gain a strategic edge [6]
Appian Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 11:05
Core Insights - Appian reported a 15% year-over-year increase in cloud subscriptions revenue, reaching $99.8 million, and generated operating cash flow of $45.0 million for Q1 2025 [1][4] - The company achieved its third consecutive quarter of positive adjusted EBITDA, indicating improved operational efficiency [1][4] Financial Highlights - Total subscriptions revenue, including cloud and on-premises licenses, rose 14% year-over-year to $134.4 million [4] - Professional services revenue remained flat at $32.1 million compared to Q1 2024 [4] - Total revenue increased by 11% year-over-year to $166.4 million [4] - The cloud subscriptions revenue retention rate was reported at 112% as of March 31, 2025 [4] Operating Performance - GAAP operating loss narrowed to $(0.8) million from $(19.5) million in Q1 2024 [4] - Non-GAAP operating income was $14.3 million, a significant improvement from a non-GAAP operating loss of $(3.7) million in the same quarter last year [4] - GAAP net loss decreased to $(1.2) million from $(32.9) million in Q1 2024, with net loss per share improving to $(0.02) from $(0.45) [4][21] Cash Flow and Investments - Net cash provided by operating activities was $45.0 million for the three months ended March 31, 2025, compared to $18.9 million for the same period in 2024 [4][27] - The company reported an increase in cash and cash equivalents to $134.982 million as of March 31, 2025, up from $118.552 million at the end of 2024 [18][27] Future Guidance - For Q2 2025, cloud subscriptions revenue is expected to be between $101.0 million and $103.0 million, reflecting a year-over-year growth of 14% to 16% [4] - Full-year 2025 guidance anticipates total revenue between $680.0 million and $688.0 million, representing a year-over-year increase of 10% to 12% [10]
Appian Congratulates 2025 Partner Award Winners for Delivering Impact with AI and Process Orchestration
Prnewswire· 2025-04-30 13:05
Core Insights - Appian announced the winners of the 2025 Partner Awards at its annual Appian World global conference, recognizing partners for their innovative solutions on the Appian Platform that deliver significant client impact and value [1][3] Partner Awards - **Global Delivery Award**: KPMG was recognized for empowering clients to drive large-scale digital transformation through its technology ecosystem and advanced Appian implementation capabilities, focusing on operational efficiency and customer experience [4] - **Global Growth Award**: Deloitte achieved a 97% increase in Appian-related services revenue since FY22, driven by rapid growth in North America, Europe, and Australia, and a 96% year-over-year rise in Appian certifications [5] - **Americas Delivery Award**: Perficient experienced 30% revenue growth in its Appian practice and nearly doubled its sales pipeline in 2024, expanding offshore capabilities by over 40% [6] - **Americas Growth Award**: PwC's Interactions Hub, a SaaS solution built on Appian, doubled its client base and user count, driven by the launch of seven new Appian Cloud instances for pharmaceutical clients [7] Innovation Award Winners - **Accenture**: Developed hyperautomation solutions for financial processes, enhancing productivity and ensuring audit compliance [9][10] - **Bits In Glass**: Implemented intelligent automation for a top-10 global reinsurer, improving speed to resolution and data-driven decision-making [11] - **EY**: Created a real estate auctioning platform that increased asset returns by over €20 million in 2.5 years [12] - **Impera**: Built a crypto core banking solution for Towerbank, automating 96% of processes [12] - **Ignyte**: Developed a patient-centered care coordination solution on the Appian Platform, modernizing healthcare support [13] - **Inetum**: Launched a digital framework for the Spanish public sector, reducing processing times by up to two-thirds [14] - **Groundswell**: Developed the Groundswell Integrated Budget Suite to modernize the federal budget lifecycle [15] - **Macedon Technologies**: Automated 85% of processing for the US No Surprises Act claims [16] - **Waivgen**: Introduced the EngaigeQ: AI Builder framework to scale AI adoption [17] - **WNS**: Built Malkom for the shipping industry, achieving significant reductions in processing time and costs [18] - **Xebia**: Integrated IntelliAgent with the Appian Platform, enabling rapid deployment of AI agents [19]
Appian Celebrates 2025 Innovation Award Winners
Prnewswire· 2025-04-29 13:30
Core Insights - Appian announced the winners of the 2025 Appian Innovation Awards, highlighting the transformative applications created by customers that leverage AI and process orchestration on the Appian Platform [1][2][4] North America Winners - Gordon Food Service (GFS) utilized Appian to enhance its customer ordering process, achieving a 70% reduction in order entry time and a 40% increase in quote production, leading to higher sales productivity [5] - MagMutual implemented AI-powered solutions on the Appian Platform, resulting in a 30% reduction in turnaround times for quotes and a 25% decrease in claims processing times, which improved employee productivity by 20% and customer satisfaction by 15% [6] - Regeneron developed a clinical trial feasibility platform that integrates data from over 10 sources, achieving a 50% reduction in data query time, thus accelerating clinical trials and reducing costs [7] EMEA and LATAM Winners - Novartis streamlined clinical trial operations by connecting over 15 core systems on the Appian Platform, benefiting over 10,000 professionals with improved productivity and faster decision-making [8] - Towerbank International launched "Ikigii" to enhance its onboarding process, reducing onboarding time from seven hours to under two by automating 96% of processes, and processed $30 million in crypto-to-fiat transactions [9] Asia-Pacific and Japan Winners - Ramsay Health Care deployed multiple applications on the Appian Platform, achieving a 25% increase in adoption rates and recovering $30 million through workflow automation [10] - Westpac Banking Corporation introduced a Mortgage Assessor AI solution on the Appian platform, improving loan assessment times and speeding up approvals [11] Global Public Sector Winner - Idaho Workforce Development Council (WDC) created a system for the LAUNCH grant program on the Appian Platform, enabling over 14,000 students to receive nearly $40 million in aid, while saving the agency the equivalent of three full-time staff members [12] Conclusion - The Innovation Award winners exemplify how organizations are leveraging AI and process orchestration to create significant operational improvements and deliver measurable value to employees and customers [13]
Appian Embeds Agentic AI into Business Processes to Deliver Scalable, Governable Enterprise Value
Prnewswire· 2025-04-29 13:15
Core Insights - Appian has announced enhancements to its agentic AI platform aimed at helping organizations build, deploy, and scale intelligent process applications [2] - The release includes the beta launch of Agent Studio and the general availability of AI Document Center, along with expanded data fabric support for document management and semantic search [2][4] AI Platform Enhancements - Agent Studio allows users to design and deploy AI agents with greater autonomy and contextual awareness, enabling them to reason through complex tasks and interact with multiple systems [5] - AI Document Center is designed for enterprise-grade intelligent document processing, achieving high extraction accuracy and scalability, as demonstrated by Century Fire Protection, which reduced invoice operating time by 36% [6][7] Data Fabric and Smart Search - The data fabric now includes native support for documents, allowing organizations to manage and secure documents without folder-based organization [10] - Smart search utilizes AI-driven semantic search to enhance record retrieval, interpreting intent and uncovering connections beyond simple keyword matching [8] Autoscale and Process Efficiency - Generative AI agents can now be utilized in autoscale processes, dynamically adjusting execution capacity based on demand, delivering 10-100x the power without over-provisioning resources [9] - Incremental syncs support dynamic data environments, allowing external data sync as frequently as every 15 minutes and up to 20 million rows per record [10] User Experience Improvements - Appian's UI enhancements include automatic incorporation of common form headers and wizard functionality, improving form design and user experience [11] - The integration of AI into processes provides purpose, governance, and accountability, essential for delivering value [12]