ANAPLAN CONTINUES HYPER-GROWTH WITH 134% REVENUE INCREASE
Announcement posted by FleishmanHillard 30 Oct 2015
SYDNEY, October 30, 2015 – 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.[1] This growth is fuelled by a rapidly expanding global customer base that has migrated away from spreadsheets and outdated planning technologies.
Australia and New Zealand highlights
Global highlights
“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."[2]
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).
About Anaplan:
Anaplan is the enterprise planning cloud company. Anaplan brings together an unrivaled planning and modeling engine, collaboration in the cloud, and a simple interface for business users. Anaplan customers can choose from over 100 pre-built planning apps from the Anaplan App Hub, or easily build their own apps. Anaplan is a privately held company, headquartered in San Francisco, CA with global offices on four continents. To learn more, visit anaplan.com. Follow us on twitter: @anaplan
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For more information, please contact:
Katherine Cammuso
FleishmanHillard
+61 410 609 443
katherine.cammuso@fleishman.com.au
Australia and New Zealand highlights
- Local customer base has more than doubled year-over-year with new clients in Insurance, Retail, Dairy, Livestock, Manufacturing, and Higher Education.
- Local team has more than doubled with key appointments in sales and technical roles.
Global highlights
- Revenue grew 134% year-over-year in the first half of fiscal 2016.
- Anaplan users increased over 160% year-over-year, to over 50,000.
- Doubled employees to over 500 worldwide located in 14 offices across 10 countries.
- Global customer base of over 325 now extends across 21 countries.
- Mary Meeker featured Anaplan as a company to watch in her annual “Internet Trends 2015” report.
- Named a “Visionary” by Gartner in two Magic Quadrants for Corporate Performance Management (CPM) and Sales Performance Management (SPM).
- Anaplan’s App Hub offers over 150 planning apps built by Anaplan and partners, allowing customers easy and quick access to multiple planning use cases.
“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."[2]
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).
About Anaplan:
Anaplan is the enterprise planning cloud company. Anaplan brings together an unrivaled planning and modeling engine, collaboration in the cloud, and a simple interface for business users. Anaplan customers can choose from over 100 pre-built planning apps from the Anaplan App Hub, or easily build their own apps. Anaplan is a privately held company, headquartered in San Francisco, CA with global offices on four continents. To learn more, visit anaplan.com. Follow us on twitter: @anaplan
###
For more information, please contact:
Katherine Cammuso
FleishmanHillard
+61 410 609 443
katherine.cammuso@fleishman.com.au
[1] For the period spanning February 1, 2015 through July 31, 2015
² Reuters, July 28, 2015, “Anaplan targets SAP, Oracle in fast-growing business planning market”