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CORRECTION – Adaptive Insights– Cloud CPM Platform Recognized by 451 Research

PALO ALTO, CA — (Marketwired) — 05/18/16 — In the news release, “Adaptive Insights– Cloud CPM Platform Recognized by 451 Research,” issued earlier today by Adaptive Insights, we are advised by the company that the subheadline should read “Adaptive Suite 2016.2” rather than “Adaptive Suite 2015.2” as originally issued. Complete corrected text follows.

Adaptive Insights– Cloud CPM Platform Recognized by 451 Research

Adaptive Suite 2016.2 Lauded for Innovation, Enterprise Capability in Latest Report

PALO ALTO, CA — May 18, 2016 — , the worldwide leader in , is recognized by 451 Research for its data visualization advances, data integration capabilities, and its continued expansion in the enterprise in its report titled, “.” The report provides an overview of , Adaptive Insights– recent release that achieves significant industry firsts in the areas of corporate planning and integrated analytics, as well as the company–s continued growth in the cloud CPM market.

“We have seen the technology and product momentum for Adaptive Insights continue, as the company innovates its cloud CPM platform with features that directly target productivity and visibility for finance teams,” said Krishna Roy, senior analyst, data platforms and analytics, 451 Research. “Adaptive Insights is established as one of the largest vendors in the cloud CPM market, demonstrating the traction and success that many enterprise companies require for technology purchases.”

Providing an overview of Adaptive Insights– market momentum, the report noted that the company is gaining traction with enterprise customers, a reflection of “the ongoing maturity in the firm–s business and product portfolio.”

Adaptive Suite 2016.2 empowers finance teams and other business users to access data often siloed across the organization. By bringing analytics into financial planning, users can deeply analyze data during the planning process and make informed decisions without ever having to leave the planning environment.

The 451 Research report also notes Adaptive Suite 2016.2 achieves a number of firsts for the cloud CPM industry, including:

Self-service data integration for finance

New patent-pending data visualization in the planning process for anytime trend analysis

Ability to conduct in-depth visual analytics during planning with a single click

The report also detailed a tighter integration between Adaptive Insights and NetSuite, which resells Adaptive Insights Adaptive Planning as the only Financial Planning Module in its NetSuite ERP platform. With more than 700 joint global customers, a new preconfigured NetSuite adapter is now available that further extends the integration so users can bring more types of NetSuite data — such as project, employee and vendor data — into the Adaptive Suite to drive planning and analytics.

For more information about the NetSuite and Adaptive Insights OEM relationship, visit today–s .

Adaptive Insights recently showcased Adaptive Suite 2016.2 at its user conference, Adaptive Live, one of the largest gatherings of finance, planning, and analysis (FP&A) professionals. With 1,400 attendees, Adaptive Live provided an opportunity for attendees to share best practices, gain insights, and network.

The company also highlighted finance transformation stories at the conference with its , which recognize customers who have achieved excellence in strategic FP&A categories such as operational planning, forecasting, and performance management. The winning customers include California Olive Ranch, Cumulus Media, HireVue, Leukemia & Lymphoma Society, and ZAGG.

Adaptive Insights is the leader in . Via its software as a service (SaaS) platform, the company offers capabilities for that empower finance, sales, and other business leaders with insight to drive true competitive advantage. The Adaptive Suite is sold direct or is available through Adaptive Insights– robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, BDO, Cohn Reznick, Intacct, KPMG, McGladrey, Plex Systems, and Workday. NetSuite also offers Adaptive Planning as its NetSuite Financial Planning Module.

More than 3,000 companies in 85 countries use Adaptive Insights. These range from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Epcor, Konica Minolta, NetSuite, Philips, P.F. Chang–s, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif. For more information, visit , the , and follow Adaptive Insights on and .

Diane Orr
Adaptive Insights
650-422-7334

Bill Rundle
Highwire PR
415-963-4174 ext.31

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