PALO ALTO, CA — (Marketwired) — 01/26/15 — , the worldwide leader in and for the biggest brands and the hottest companies, announced record results for 2014. The company expanded its employee base to 400 staff globally as it rapidly scales its business to meet market demand, not only from companies that are implementing CPM for the first time, but also from those that are choosing to replace or augment their existing legacy CPM solutions.
“The cloud CPM market continues to be a strong and resilient enterprise software sector,” said Krishna Roy, Analyst at the 451 Group. “As a result, vendors in this sector including Adaptive Insights have a rosy outlook. Adaptive is definitely one to watch in 2015.”
Adaptive is in an unparalleled position in the industry to meet customer needs with a broad suite of integrated solutions that are powerful and intuitive enough to effectively streamline the way customers are able to do business, saving both time and money (see ). The newest innovations in the Adaptive Suite, including the reporting product and , add to a new solution and a new user experience also announced in 2014.
Adaptive works with 200 partners in 85 countries to help more than 2,500 customers make strategic decisions that accelerate growth, improve performance, and drive success. Adaptive continues to penetrate mid-sized and enterprise companies on a global scale, and has four times more customers than all cloud CPM competitors combined. The company proudly boasts a 100%+ revenue renewal rate, including upsells.
A selection of notable new customers joining Adaptive in Q4 2014 includes: Adobe, Air Methods Corporation, American Family Insurance, The David and Lucile Packard Foundation, IRT Group (Australia), The Joffrey Ballet, Oxford University Press, Southwest Gas Corporation, Titan International, Inc., Toyota Sweden, and University Health Network.
“It–s exciting to see how Adaptive has become a trusted, strategic partner to thousands of finance leaders across the globe. It–s these finance customers who inspire us to innovate and deliver solutions that help make them successful,” said Tom Bogan, CEO of Adaptive Insights. “We look forward to continuing our momentum in 2015.”
Highlights of 2014 industry honors include:
No. 1 in satisfaction among all leading Corporate Performance Management providers according to BPM Partners.
Adaptive was recognized as the 14th most influential SaaS company in the world on the ; and ranked as the #1 Fastest Cloud Business Analytics and CPM Provider on list for the fourth year in a row.
The company earned recognition as one of the by the San Francisco Business Times and Silicon Valley Business Journal.
Adaptive–s banner 2014 is just one of its many achievements since its founding in 2003. Other key milestones in the company–s history are captured in the new graphic illustrating Adaptive–s journey to market leadership.
: Banner 2014 shows strong growth trajectory for @AdaptiveInsight #CloudCPM #BeAdaptive
Adaptive Insights is the worldwide 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–s robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, Cohn Reznick, Intacct, KPMG, McGladrey, and Plex Systems. NetSuite also offers Adaptive Insights as its NetSuite Financial Planning Module.
More than 2,500 companies in 85 countries use Adaptive Insights. These range from mid-sized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif. For more information, visit , read our , and follow Adaptive on , , , and .
Contacts:
Derek Kober
Adaptive Insights
650-810-2486
Gina Giachetti
Highwire PR
415-963-4174 ext. 17
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