Anaplan, the enterprise planning Cloud Company, today announced 134% year-over-year revenue growth for the first half of its fiscal year ending January 2016.This growth is fuelled by a rapidly expanding global customer base that has migrated away from spreadsheets and outdated planning technologies.
“We are challenging the status quo when it comes to business modelling and planning by delivering a flexible, user-friendly platform that truly empowers business users,” said Rajeev Mitroo, Anaplan Managing Director for Australia and New Zealand. “Australian and New Zealand businesses are switching from legacy tools to Anaplan’s enterprise cloud planning platform because it provides greater visibility into business metrics and enables collaborative planning across their organisations from sales to finance to operations.”
“Digital disruption has meant that businesses now have to plan and optimise performance in real-time to stay competitive,” said Anaplan CEO Frederic Laluyaux. “Large and fast-growing companies are choosing Anaplan because our enterprise architecture enables planning at scale across the entire enterprise.”
With a presence in Australia since 2014, Anaplan has a growing roster of clients who are using Anaplan to eliminate spreadsheet-intensive processes and inflexible traditional planning systems and processes. “There is a major shift going on and Anaplan is at the forefront,” said Forrester business apps analyst Paul Hamerman. “It appears to be the fastest-growing vendor in this space and the one which already has good traction with large companies.”
Anaplan’s patented Hyperblock is an in-memory technology able to manage trillions of cells and thousands of users across a virtually unlimited number of planning scenarios. This flexibility and scalability is augmented by the Anaplan App Hub, where customers can access over 100 pre-built planning apps that span planning scenarios across the entire business.
“True north for us is to have everyone in some way, shape, or form in Anaplan,” said Dennis Sevilla, Director of Strategic Planning at DocuSign, a global leader in digital transaction. “That goes from workforce planning, finance, HR, and recruiting working together, to every business partner. At any point in time, anyone can see what’s going on within the business and why.”
To date Anaplan has raised $150MM in venture capital, the latest round led by DFJ Growth, with investments from Brookside Capital, Coatue Management, Granite Ventures, Meritech Capital Partners, Sands Capital Management, salesforce.com (NYSE: CRM), Shasta Ventures, and Workday (NYSE: WDAY).
Worth a look anaplan.com/hub15/