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Adaptive Planning

Company

Information technologies
Since 2003
USA
I Twist Mountain
2041 Landings Drive


Top managers:
Sovard William
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The on-demand developer of products for financial planning, forecasting and the reporting and one of the most dynamically developing companies in the field of BI and CPM.

Owners:
The main investors - venture funds Cardinal Venture Capital, ONSET Ventures, Monitor Ventures, RBC Venture Partners

Adaptive Planning proposes solutions for increase in efficiency of financial management of the company. According to analysts Gartner Adaptive Planning is one of five "coolest" vendors in the market of CPM systems (Corporate Performance Management).

The solutions Adaptive Planning help the companies which dynamically develop, are in different geographical regions which have no centralized decision making, to simplify process of budgeting and financial planning. For only several years hundreds of the companies in 80 countries of the world improved process of budgeting thanks to the products Adaptive Planning.

Activity results

2010

Adaptive Planning increased by 50% in 2010 number of the clients using solution SaaS for budget management, a total quantity of the companies connected to service makes for today already more than 900. New clients are the organizations of the different sizes and the industries, and medium business and the organizations in such industries as health care, insurance, production, retail and wholesale, the software, transport, services for business became leaders of growth. In particular, in 2010 such companies as DHL Global Forwarding, Konica Minolta Business Technology, Qatargas became clients of Adaptive Planning. In Russia already use a product in Armada company, Pozhoboronprom Group, the TechnoNIKOL corporation began to work with a system.

Growth of business of Adaptive Planning is based on actively developing network of strategic partners consisting from more than 200 companies worldwide. More than 40% of the new contracts signed in 2010 are the share of partners.

The vendor also submitted in September, 2010 the new version of the product "Adaptive Planning 7.0" in which opportunities for convenience of planning, the analysis and also data integration were considerably expanded and improved. New opportunities, such as expanded parameters of reports, thin settings of time, new formular mechanisms, evident administrative tools, new API for import/export of data give the chance to manage business more effectively and more quickly.

For 2010 Adaptive Planning received a number of prestigious awards for innovations, progress in development and also customer satisfaction, having become the winner of the awards "Always On Global 250" and "Red Herring Global 100". Besides, the product "Adaptive planning 6.5" won first place among new BI products according to "Accounting Today". In January, 2011 Adaptive Planning was awarded the first place among the companies of the industry on customer satisfaction degree in the annual overview which is carried out by BPM Partners analytical company which also calls Adaptive Planning the leading vendor the fourth year in a row.

The current status of economy shows both need, and exclusive value of solutions SaaS for planning and budgeting, experts of Adaptive Planning emphasize. Financiers around the world note, against the background of the general improvement of an economic situation, preserving of the high level of uncertainty in business that involves the considerable volume of replanning, drawing up new forecasts and the analysis of new scenarios. In the current economic situation the solution "on - to a request" from Adaptive Planning – is optimal for such tasks, thanks to the simplicity, ample opportunities for planning and the analysis and also decrease in total cost of ownership (TCO), in comparison with traditional products.

In May, 2010 the Hurwitz Group analytical company carried out contrastive analysis of costs of the companies at implementation of traditional software and solutions SaaS and came to conclusion that for medium business for 4 years total cost of ownership solution SaaS from Adaptive Planning will be 77% lower, than traditional CPM - the solution.