Jump to content

Appian Corporation: Difference between revisions

Edit links
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
Additional see also added; more content to 2014-2017 section
 
(38 intermediate revisions by 26 users not shown)
Line 1: Line 1:
{{Short description|American cloud computing company}}
{{Infobox company
{{Infobox company
| name = Appian Corporation
| name = Appian Corporation
| logo = Appian_Logo.svg
| logo = Appian_Logo.svg
| type = [[Public company]]
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NASDAQ|APPN}} (Class A)|[[Russell 2000 Index|Russell 2000 component]]}}
| traded_as = {{ubl|class=nowrap|{{NASDAQ|APPN}} (Class A)|[[Russell 2000]] component}}
| area_served = Worldwide
| area_served = Worldwide
| founders = {{ubl|Michael Beckley|Matt Calkins|Robert Kramer|Marc Wilson}}
| founders = {{ubl|Michael Beckley|[[Matt Calkins]]|Robert Kramer|Marc Wilson}}
| key_people = {{Unbulleted list|Matt Calkins ([[CEO]])|
| key_people = {{Unbulleted list|[[Matt Calkins]] ([[CEO]])|
Michael Beckley ([[chief technology officer|CTO]])|
Michael Beckley ([[chief technology officer|CTO]])|
Robert Kramer ([[general manager|GM]])|
Robert Kramer ([[general manager|GM]])|
Marc Wilson (chief partner officer)}}
Marc Wilson (chief partner officer)}}
| industry = {{flatlist|
| industry = {{plainlist|
* [[Enterprise software]] [[Cloud computing| Cloud computing software]]
* [[Enterprise software]]
* [[Cloud computing| Cloud computing software]]
}}
}}
⚫
| homepage = {{URL|appian.com}}
⚫
| num_employees = 1,798 (December 2021)
⚫
| homepage = {{URL|www.appian.com}}
| founded = {{Start date and age|1999}}
| founded = {{Start date and age|1999}}
| location_city = [[McLean, Virginia]]
| location_city = [[McLean, Virginia]]
| location_country = [[United States]]
| location_country = U.S.
| revenue = {{increase}} {{US$|369 million|link=yes}} (2021)
| revenue = {{increase}} {{US$|545 million|link=yes}} (2023)
| operating_income = {{decrease}} {{US$|-84 million}} (2021)
| operating_income = {{increasenegative}} {{US$|-108 million}} (2023)
| net_income = {{decrease}} {{US$|-89 million}} (2021)
| net_income = {{increasenegative}} {{US$|-111 million}} (2023)
| assets = {{decrease}} {{US$|505 million}} (2021)
| assets = {{increase}} {{US$|628 million}} (2023)
| equity = {{decrease}} {{US$|234 million}} (2021)
| equity = {{decrease}} {{US$|52.3 million}} (2023)
⚫
| num_employees = 2,243 (2023)
| footnotes = <ref name=10K>{{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1441683/000144168322000023/appn-20211231.htm |title = Appian Form 10-K|date = 17 February 2022 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref><ref name=":5">{{cite news|date=2019-05-31|title=Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor|work=Forbes|url=https://www.forbes.com/sites/alexkonrad/2019/04/29/meet-matt-calkins-billionaire-board-game-god-and-techs-hidden-disruptor/#2ae5b5106e77|accessdate=2020-07-22}}</ref>
| footnotes = <ref name=10K>{{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1441683/000144168324000016/appn-20231231.htm |title = Appian Form 10-K|date = 15 February 2024 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref><ref name=":5">{{cite news|date=2019-05-31|title=Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor|work=Forbes|url=https://www.forbes.com/sites/alexkonrad/2019/04/29/meet-matt-calkins-billionaire-board-game-god-and-techs-hidden-disruptor/#2ae5b5106e77|accessdate=2020-07-22}}</ref>
| locations = 15 (2017)
| locations = 15 (2017)
}}
}}


'''Appian Corporation''' is a [[cloud computing]] and [[enterprise software]] company headquartered in [[McLean, Virginia]], part of the [[Dulles Technology Corridor]]. The company sells a [[Platform as a Service|platform as a service (PaaS)]] for building enterprise software applications. It is focused on [[Low-code development platform|low-code development]],<ref>{{cite web|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+For+ADD+Pros+Q4+2017/-/E-RES137262|title=The Forrester Wave™: Low-Code Development Platforms For AD&D Pros, Q4 2017|last=Rymer|first=John|publisher=Forrester Research|date=2017-10-12|access-date=2018-05-29|url-access=subscription}}</ref> [[process mining]],<ref>{{Cite web |last=Murphy |first=Ian |date=2022-04-27 |title=Appian elevates process mining to a whole new level |url=https://www.enterprisetimes.co.uk/2022/04/27/appian-elevates-process-mining-to-a-whole-new-level/ |access-date=2022-07-06 |website=Enterprise Times |language=en-GB}}</ref> [[business process management]],<ref>{{cite web|url=https://www.gartner.com/doc/3818763|title=Magic Quadrant for Intelligent Business Process Management Suites|last=Dunie|first=Rob|publisher=Gartner|date=2017-10-24|access-date=2018-05-29}}</ref> and [[Law practice management software|case management]]<ref>{{cite web|url=https://www.forrester.com/report/The+Forrester+Wave+CloudBased+Dynamic+Case+Management+Q1+2018/-/E-RES136721|title=The Forrester Wave™: Cloud-Based Dynamic Case Management, Q1 2018|last=Le Clair|first=Craig|publisher=Forrester Research|date=2018-03-08|access-date=2018-05-29}}</ref> markets in North America, Europe, the Middle East, Saudi Arabia and Southeast Asia.<ref><nowiki>https://www.mpamag.com/us/specialty/technology/case-study-appians-low-code-process-automation-platform/402136</nowiki> </ref>
'''Appian Corporation''' is an American [[cloud computing]] and [[enterprise software]] company headquartered in [[McLean, Virginia]], part of the [[Dulles Technology Corridor]]. The company sells a [[Platform as a Service|platform as a service (PaaS)]] for building enterprise software applications. It is focused on [[Low-code development platform|low-code development]],<ref>{{cite web|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+For+ADD+Pros+Q4+2017/-/E-RES137262|title=The Forrester Wave™: Low-Code Development Platforms For AD&D Pros, Q4 2017|last=Rymer|first=John|publisher=Forrester Research|date=2017-10-12|access-date=2018-05-29|url-access=subscription}}</ref> [[process mining]],<ref>{{Cite web |last=Murphy |first=Ian |date=2022-04-27 |title=Appian elevates process mining to a whole new level |url=https://www.enterprisetimes.co.uk/2022/04/27/appian-elevates-process-mining-to-a-whole-new-level/ |access-date=2022-07-06 |website=Enterprise Times |language=en-GB}}</ref> [[business process management]],<ref>{{cite web|url=https://www.gartner.com/doc/3818763|title=Magic Quadrant for Intelligent Business Process Management Suites|last=Dunie|first=Rob|publisher=Gartner|date=2017-10-24|access-date=2018-05-29}}</ref> and [[Law practice management software|case management]]<ref>{{cite web|url=https://www.forrester.com/report/The+Forrester+Wave+CloudBased+Dynamic+Case+Management+Q1+2018/-/E-RES136721|title=The Forrester Wave™: Cloud-Based Dynamic Case Management, Q1 2018|last=Le Clair|first=Craig|publisher=Forrester Research|date=2018-03-08|access-date=2018-05-29}}</ref> markets in [[North America]], [[Europe]], the [[Middle East]] and [[Southeast Asia]].<ref>{{cite web | url=https://www.mpamag.com/us/specialty/technology/case-study-appians-low-code-process-automation-platform/402136 | title=Case study: Appian's low-code process automation platform }}</ref>


== History ==
== History ==


=== Founding and early growth: 1999–2013 ===
=== Founding and early growth: 1999–2013 ===
Appian was founded in 1999 by Michael Beckley, Robert Kramer, Marc Wilson and Matthew Calkins, who serves as [[Chief executive officer|CEO]].<ref>{{Cite web|last=Medici|first=Andy|title=This local tech founder is now richer than the Lerners|url=https://www.bizjournals.com/washington/news/2021/02/01/appian-matt-calkins-lerners-billionaire.html|url-status=live|access-date=2021-04-08|website=www.bizjournals.com|archive-url=https://web.archive.org/web/20210202085030/https://www.bizjournals.com/washington/news/2021/02/01/appian-matt-calkins-lerners-billionaire.html |archive-date=2021-02-02 }}</ref><ref>{{Cite web|last=Konrad|first=Alex|title=Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor|url=https://www.forbes.com/sites/alexkonrad/2019/04/29/meet-matt-calkins-billionaire-board-game-god-and-techs-hidden-disruptor/|access-date=2021-04-08|website=Forbes|language=en}}</ref>
Appian was founded in 1999 by Michael Beckley, Robert Kramer, Marc Wilson and [[Matt Calkins|Matthew Calkins]], who serves as [[Chief executive officer|CEO]].<ref>{{Cite web|last=Medici|first=Andy|title=This local tech founder is now richer than the Lerners|url=https://www.bizjournals.com/washington/news/2021/02/01/appian-matt-calkins-lerners-billionaire.html|url-status=live|access-date=2021-04-08|website=www.bizjournals.com|archive-url=https://web.archive.org/web/20210202085030/https://www.bizjournals.com/washington/news/2021/02/01/appian-matt-calkins-lerners-billionaire.html |archive-date=2021-02-02 }}</ref><ref>{{Cite web|last=Konrad|first=Alex|title=Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor|url=https://www.forbes.com/sites/alexkonrad/2019/04/29/meet-matt-calkins-billionaire-board-game-god-and-techs-hidden-disruptor/|access-date=2021-04-08|website=Forbes|language=en}}</ref>


In 2001, the company developed [[Army Knowledge Online]], regarded at the time as “the world's largest intranet."<ref>{{cite magazine|url=https://www.wired.com/2001/11/army-intranet-worlds-largest/|title=Army Intranet: World's Largest|last=Knapp|first=Louise|magazine=Wired|date=2001-11-15|access-date=2018-05-29}}</ref>
In 2001, the company developed [[Army Knowledge Online]], regarded at the time as “the world's largest intranet."<ref>{{cite magazine|url=https://www.wired.com/2001/11/army-intranet-worlds-largest/|title=Army Intranet: World's Largest|last=Knapp|first=Louise|magazine=Wired|date=2001-11-15|access-date=2018-05-29}}</ref>


In 2005, the company expanded into financial services and other private markets.<ref name=mpa>{{Cite web |title=Case study: Appian's low-code process automation platform |url=https://www.mpamag.com/us/specialty/technology/case-study-appians-low-code-process-automation-platform/402136 |access-date=2022-07-21 |website=www.mpamag.com |language=en}}</ref> It became known for its low-code platform.<ref name=mpa />
In 2005, the company expanded into financial services and other private markets.<ref name=mpa>{{Cite web |title=Case study: Appian's low-code process automation platform |url=https://www.mpamag.com/us/specialty/technology/case-study-appians-low-code-process-automation-platform/402136 |access-date=2022-07-21 |website=www.mpamag.com |language=en}}</ref> It became known for its low-code platform.<ref name=mpa />
Line 40: Line 42:
In 2010, Appian Cloud was accredited with [[Federal Information Security Management Act of 2002|Federal Information Security Management Act]] (FISMA) low-level security by the U.S. Education Department. In 2013, it received FISMA Moderate Authorization and Accreditation from the General Services Administration (GSA).<ref>{{cite web|last1=Yasin|first1=Rutrell|title=Appian Cloud app gets FISMA moderate security cert|url=https://gcn.com/articles/2013/01/02/appian-cloud-gets-fisma-moderate-security-cert.aspx/|accessdate=2020-06-23|website=GCN}}</ref>
In 2010, Appian Cloud was accredited with [[Federal Information Security Management Act of 2002|Federal Information Security Management Act]] (FISMA) low-level security by the U.S. Education Department. In 2013, it received FISMA Moderate Authorization and Accreditation from the General Services Administration (GSA).<ref>{{cite web|last1=Yasin|first1=Rutrell|title=Appian Cloud app gets FISMA moderate security cert|url=https://gcn.com/articles/2013/01/02/appian-cloud-gets-fisma-moderate-security-cert.aspx/|accessdate=2020-06-23|website=GCN}}</ref>


=== Secondary investments and NASDAQ: 2014–2017 ===
=== Secondary investments and Nasdaq: 2014–2017 ===
In 2014, the company received $37.5 million in secondary investments from [[New Enterprise Associates]], which was paid out to shareholders.<ref>{{cite news |title=Appian prices application software IPO at $12 |url=https://techcrunch.com/2017/05/24/appian-prices-application-software-ipo-at-12/ |accessdate=2020-07-22 |publisher=TechCrunch |date=2017-05-25}}</ref><ref>{{cite web|url=https://www.washingtonpost.com/business/capitalbusiness/appian-collects-375-million-from-new-enterprise-associates-as-it-eyes-ipo-plans/2014/03/04/9af5fe02-a3c2-11e3-8466-d34c451760b9_story.html|title=Appian collects $37.5 million from New Enterprise Associates as it plans IPO|last=Overly|first=Steven|work=Washington Post|date=2014-03-04|access-date=2018-05-29}}</ref> In 2015, transportation company [[Ryder]] began using the Appian apps instead of paper processing during the checkout process and internally for truck maintenance records.<ref>{{cite news |title=Low-code platforms help with project backlogs and software development training |url=https://www.techrepublic.com/article/low-code-platforms-help-with-project-backlogs-and-software-development-training/ |accessdate=2020-07-22 |publisher=TechRepublic |date=2020-03-22}}</ref><ref>{{Cite web|date=2020-09-25|title=Staying Ahead of COVID-19|url=https://www.ttnews.com/articles/staying-ahead-covid-19|access-date=2021-02-19|website=Transport Topics|language=en}}</ref>
In 2014, the company received $37.5 million in secondary investments from [[New Enterprise Associates]], which was paid out to shareholders.<ref>{{cite news |title=Appian prices application software IPO at $12 |url=https://techcrunch.com/2017/05/24/appian-prices-application-software-ipo-at-12/ |accessdate=2020-07-22 |publisher=TechCrunch |date=2017-05-25}}</ref><ref>{{cite news|url=https://www.washingtonpost.com/business/capitalbusiness/appian-collects-375-million-from-new-enterprise-associates-as-it-eyes-ipo-plans/2014/03/04/9af5fe02-a3c2-11e3-8466-d34c451760b9_story.html|title=Appian collects $37.5 million from New Enterprise Associates as it plans IPO|last=Overly|first=Steven|newspaper=Washington Post|date=2014-03-04|access-date=2018-05-29}}</ref> In 2015, transportation company [[Ryder]] began using the Appian apps instead of paper processing during the checkout process and internally for truck maintenance records.<ref>{{cite news |title=Low-code platforms help with project backlogs and software development training |url=https://www.techrepublic.com/article/low-code-platforms-help-with-project-backlogs-and-software-development-training/ |accessdate=2020-07-22 |publisher=TechRepublic |date=2020-03-22}}</ref><ref>{{Cite web|date=2020-09-25|title=Staying Ahead of COVID-19|url=https://www.ttnews.com/articles/staying-ahead-covid-19|access-date=2021-02-19|website=Transport Topics|language=en}}</ref>


In 2016, Vontobel, a global investment firm, started using Appian's Low-Code Platform to improve its business processes.<ref>{{Cite web |last=Bureau |first=E. T. |date=2021-11-03 |title=Vontobel Scales Appian Robotic Process Automation (RPA) Across the Company |url=https://enterprisetalk.com/news/vontobel-scales-appian-robotic-process-automation-rpa-across-the-company/ |access-date=2022-08-12 |website=EnterpriseTalk |language=en-US}}</ref>
In 2016, Vontobel, a global investment firm, started using Appian's Low-Code Platform to improve its business processes.<ref>{{Cite web |last=Bureau |first=E. T. |date=2021-11-03 |title=Vontobel Scales Appian Robotic Process Automation (RPA) Across the Company |url=https://enterprisetalk.com/news/vontobel-scales-appian-robotic-process-automation-rpa-across-the-company/ |access-date=2022-08-12 |website=EnterpriseTalk |language=en-US}}</ref>


On May 25, 2017, Appian became a publicly-traded company, trading as APPN on the [[NASDAQ]] Global Exchange.<ref>{{cite web|url=https://www.cnbc.com/2017/05/25/appian-ipo-appn-stock-starts-trading-after-ipo.html|title=Appian shares soar more than 25% as the $75 million tech IPO hits the market|last=Balakrishnan|first=Anita|publisher=CNBC|date=2017-05-25|access-date=2018-05-29}}</ref><ref>{{cite web|url=https://www.wsj.com/articles/appian-shares-leap-35-after-ipo-1495734515|title=Appian Shares Leap 35% After IPO|last=Razumovskaya|first=Olga|publisher=Wall Street Journal|date=2017-05-25|access-date=2018-05-29}}</ref>
On May 25, 2017, Appian became a publicly traded company, trading as APPN on the [[NASDAQ]] Global Exchange.<ref>{{cite web|url=https://www.cnbc.com/2017/05/25/appian-ipo-appn-stock-starts-trading-after-ipo.html|title=Appian shares soar more than 25% as the $75 million tech IPO hits the market|last=Balakrishnan|first=Anita|publisher=CNBC|date=2017-05-25|access-date=2018-05-29}}</ref><ref>{{cite web|url=https://www.wsj.com/articles/appian-shares-leap-35-after-ipo-1495734515|title=Appian Shares Leap 35% After IPO|last=Razumovskaya|first=Olga|publisher=Wall Street Journal|date=2017-05-25|access-date=2018-05-29}}</ref>


=== Process mining and artificial intelligence: 2018–present ===
=== Process mining and artificial intelligence: 2018–present ===
In May 2019, Appian released Appian AI, enabling artificial intelligence capabilities on its platform.<ref>{{cite web |title=Appian tackles AI integration concerns with "free and easy" plug-ins |url=https://www.verdict.co.uk/appian-ai-integration/ |website=Verdict |date=14 May 2019 |accessdate=2020-06-23}}</ref> On January 7, 2020, it announced acquisition of Novayre Solutions SL, developer of the Jidoka robotic process automation (RPA) platform.<ref>{{Cite web|last=|first=|date=|title=Appian makes first-ever acquisition — and it's in a new field|url=https://www.bizjournals.com/washington/news/2020/01/07/appian-makes-first-ever-acquisition-nbsp-and-its.html|url-status=live|archive-url=https://web.archive.org/web/20200806192459/https://www.bizjournals.com/washington/news/2020/01/07/appian-makes-first-ever-acquisition-nbsp-and-its.html |archive-date=2020-08-06 |access-date=2020-11-19|website=Washington Business Journal}}</ref> In March 2020, the company updated the platform's Artificial intelligence and [[robotic process automation]] capabilities.<ref>{{Cite web|last=|first=|date=Mar 15, 2020|title=Appian Updates Low-Code Platform with RPA Capabilities|url=https://www.itprotoday.com/development-techniques-and-management/appian-updates-low-code-platform-rpa-capabilities|url-status=live|archive-url=https://web.archive.org/web/20200723091134/https://www.itprotoday.com/development-techniques-and-management/appian-updates-low-code-platform-rpa-capabilities |archive-date=2020-07-23 |access-date=Sep 7, 2020|website=ITPro Today}}</ref> In August 2021, Appian acquired the process mining company Lana Labs.<ref>{{Cite web|date=2021-08-05|title=Appian acquires process mining company Lana Labs|url=https://venturebeat.com/2021/08/05/appian-acquires-process-mining-company-lana-labs/|access-date=2021-10-29|website=VentureBeat|language=en-US}}</ref>
In May 2019, Appian released Appian AI, enabling artificial intelligence capabilities on its platform.<ref>{{cite web |title=Appian tackles AI integration concerns with "free and easy" plug-ins |url=https://www.verdict.co.uk/appian-ai-integration/ |website=Verdict |date=14 May 2019 |accessdate=2020-06-23}}</ref> In March 2020, the company updated the platform's Artificial intelligence and [[robotic process automation]] capabilities.<ref>{{Cite web|last=|first=|date=Mar 15, 2020|title=Appian Updates Low-Code Platform with RPA Capabilities|url=https://www.itprotoday.com/development-techniques-and-management/appian-updates-low-code-platform-rpa-capabilities|url-status=live|archive-url=https://web.archive.org/web/20200723091134/https://www.itprotoday.com/development-techniques-and-management/appian-updates-low-code-platform-rpa-capabilities |archive-date=2020-07-23 |access-date=Sep 7, 2020|website=ITPro Today}}</ref> In 2021, the company was named a leader in Digital Process Automation software by Forrester.<ref>{{Cite web |last=maria |date=2021-12-29 |title=Appian named a leader in digital process automation software report by independent research firm - Technology Dispatch |url=https://technologydispatch.com/appian-named-a-leader-in-digital-process-automation-software-report-by-independent-research-firm/ |access-date=2022-10-25 |language=en-US}}</ref>


In 2022, Appian started highlighting the importance of low-code tools in improving environmental, social & corporate governance (ESG).<ref>{{Cite web |date=2022-04-26 |title=Appian World 2022: Heightening Low-Code Scope, Poke and Hope |url=https://www.eweekuk.com/applications/appian-world-2022-heightening-low-code-scope-poke-and-hope/ |access-date=2022-10-25 |website=eWeek UK |language=en-US}}</ref> The company stressed that embedding these tools within operational processes makes it easier for companies to integrate ESG data sources, adapt to regulations, and remain in control of auditability.<ref>{{Cite web |date=2022-04-26 |title=Appian World 2022: Heightening Low-Code Scope, Poke and Hope |url=https://www.eweekuk.com/applications/appian-world-2022-heightening-low-code-scope-poke-and-hope/ |access-date=2022-10-25 |website=eWeek UK |language=en-US}}</ref><ref>{{Cite web |title=Appian drives low-code for ESG in ERP |url=https://erp.today/appian-drives-low-code-for-esg-in-erp/ |access-date=2022-10-25 |website=ERP Today |date=26 April 2022 |language=en-GB}}</ref>
In May 2022, Appian was awarded $2.04 billion in damages against [[Pegasystems|Pegasystems Inc.]]<ref>{{Cite news |last=Stempel |first=Jonathan |date=2022-05-10 |title=Appian soars after winning $2.04 bln verdict against Pegasystems |language=en |work=Reuters |url=https://www.reuters.com/technology/appian-wins-204-bln-verdict-against-pegasystems-2022-05-10/ |access-date=2022-05-10}}</ref>

In February, the company secured provisional authorization from the Defense Information Systems Agency to allow its low-code platform-as-a-service “to handle Impact Level 5 controlled unclassified information and national security systems”.<ref name="blog.executivebiz.com">{{Cite web |date=2022-02-17 |title=Appian's Cloud Platform Granted DISA Provisional Authorization - ExecutiveBiz |url=https://blog.executivebiz.com/2022/02/appians-cloud-platform-granted-disa-provisional-authorization/ |access-date=2022-09-08 |website=blog.executivebiz.com |language=en-US}}</ref> This lets defense customers use Appian Government Cloud as well as the Appian Low-Code Platform.<ref name="blog.executivebiz.com"/>

In March, Horizon Power, a Western Australian energy utility, wanted to transfer from manual process to automation and started using Appian's low-code platform to improve internal workflows and processes.<ref>{{Cite web |title=Appian platform helping Horizon Power digitally transform |url=https://itbrief.com.au/story/appian-platform-helping-horizon-power-digitally-transform |access-date=2023-01-05 |website=IT Brief Australia |language=en}}</ref><ref>{{Cite web |title=Automation specialist Vuram deploys Appian to Horizon Power |url=https://www.crn.com.au/news/automation-specialist-vuram-deploys-appian-to-horizon-power-577679 |access-date=2023-01-05 |website=CRN Australia}}</ref>

April 2022, process mining, first available in January, was fully integrated into all Appian products.<ref name="Bowman">{{Cite web |last=Bowman |first=Jeremy |date=2022-01-26 |title=Appian Takes The Next Step in Its Low-Code Evolution |url=https://www.fool.com/investing/2022/01/26/appian-takes-the-next-step-in-its-low-code-evoluti/ |access-date=2023-01-24 |website=The Motley Fool |language=en}}</ref><ref name="Murphy">{{Cite web |last=Murphy |first=Ian |date=2022-04-27 |title=Appian elevates process mining to a whole new level |url=https://www.enterprisetimes.co.uk/2022/04/27/appian-elevates-process-mining-to-a-whole-new-level/ |access-date=2023-01-24 |website=Enterprise Times |language=en-GB}}</ref> This resulted in process mining, low-code/no-code workflows, and automation working as a single solution.<ref name="Murphy"/><ref name="Bowman"/> That same month, Appian started the free #lowcode4all program to help provide access to low-code education and certification for developers.<ref>{{Cite web |last=Mearian |first=Lucas |date=2022-04-28 |title=Low-code tools can fill a void caused by the Great Resignation |url=https://www.computerworld.com/article/3658908/how-low-code-tools-are-filling-a-void-caused-by-the-great-resignation.html |access-date=2023-01-27 |website=Computerworld |language=en}}</ref> Participants complete a low-code curriculum and the Appian Certified Associate Developer exam, receive access to hiring recruiters through Appian's partner network, and get job search skills support.<ref>{{Cite web |last=Bridgwater |first=Adrian |title=Appian Elevates Low-Code Purview And World View |url=https://www.forbes.com/sites/adrianbridgwater/2022/04/26/appian-elevates-low-code-purview-and-world-view/ |access-date=2023-02-09 |website=Forbes |language=en}}</ref><ref>{{Cite web |last=Mearian |first=Lucas |date=2022-04-28 |title=Low-code tools can fill a void caused by the Great Resignation |url=https://www.computerworld.com/article/3658908/how-low-code-tools-are-filling-a-void-caused-by-the-great-resignation.html |access-date=2023-02-09 |website=Computerworld |language=en}}</ref><ref name="enterprisetimes.co.uk">{{Cite news |last=Murphy |first=Ian |date=2022-04-26 |title=Appian #lowcode4all to democratise coding and solve skills shortages |language=en-GB |work=Enterprise Times |url=https://www.enterprisetimes.co.uk/2022/04/26/appian-lowcode4all-to-democratise-coding-and-solve-skills-shortages/ |access-date=2023-02-09}}</ref> The program targeted undergraduate and graduate students, students who had paused their education, unemployed, career-changers, and military veterans.<ref name="enterprisetimes.co.uk"/><ref>{{Cite web |title=Appian announces #lowcode4all - CW Developer Network |url=https://www.computerweekly.com/blog/CW-Developer-Network/Appian-announces-lowcode4all |access-date=2023-02-09 |website=www.computerweekly.com}}</ref>

In May 2022, Appian was awarded $2.04 billion in damages against [[Pegasystems|Pegasystems Inc.]]<ref>{{Cite news |last=Stempel |first=Jonathan |date=2022-05-10 |title=Appian soars after winning $2.04 bln verdict against Pegasystems |language=en |work=Reuters |url=https://www.reuters.com/technology/appian-wins-204-bln-verdict-against-pegasystems-2022-05-10/ |access-date=2022-05-10}}</ref> Pegasystems was found guilty of hiring a developer to spy on Appian, stealing trade secrets in an operation Pegasystems referred to as "Project Crush."<ref>{{Cite web |title=Appian awarded $2B in trade secret espionage case |url=https://www.techtarget.com/searchsoftwarequality/news/252518066/Appian-awarded-2B-in-trade-secret-espionage-case |access-date=2022-11-07 |website=SearchSoftwareQuality |language=en}}</ref><ref>{{Cite web |last=Pugh |first=Alex |date=May 16, 2022 |title=Appian awarded $2b in damages in trade secrets lawsuit |url=https://www.fintechfutures.com/2022/05/appian-awarded-2bn-in-damages-in-trade-secrets-lawsuit/}}</ref> Pega is appealing the verdict and the company will not be required to begin paying the judgment until all avenues of appeal have been exhausted.<ref>{{Cite web |title=Court affirms Appian win in trade-secrets case, but battle with Pegasystems is far from over |url=https://www.bizjournals.com/washington/news/2022/09/19/appian-pegasystems-verdict.html |access-date=2022-12-06 |website=www.bizjournals.com}}</ref> In February 2023, Pega filed an appeal asking the court to overturn the previous judgement and either rule in Pega's favor or order a new trial.<ref>{{Cite web |title=A 'trade-secret case with no secrets:' Pega lays out appeal in $2B Appian case |url=https://www.bizjournals.com/boston/news/2023/02/08/pegasystems-files-appeal-case-appian.html |access-date=2023-02-17 |website=www.bizjournals.com}}</ref> March 29, 2023, Appian filed a rebuttal and 8K.<ref>{{Cite web |title=Inline XBRL Viewer |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001441683/000144168323000031/appn-20230329.htm |access-date=2023-06-28 |website=www.sec.gov}}</ref>

=== Acquisitions ===
On January 7, 2020, Appian announced acquisition of Novayre Solutions SL, developer of the Jidoka robotic process automation (RPA) platform.<ref>{{Cite web |title=Appian makes first-ever acquisition - and it's in a whole new field |url=https://www.bizjournals.com/washington/news/2020/01/07/appian-makes-first-ever-acquisition-nbsp-and-its.html |access-date=2022-08-15 |website=www.bizjournals.com}}</ref>

In August 2021, Appian acquired the process mining company Lana Labs.<ref>{{Cite web |date=2021-08-05 |title=Appian acquires process mining company Lana Labs |url=https://venturebeat.com/2021/08/05/appian-acquires-process-mining-company-lana-labs/ |access-date=2021-10-29 |website=VentureBeat |language=en-US}}</ref> The company's applications help companies discover the work patterns being used within their organization by looking through system logs for common actions and sequences.<ref>{{Cite web |date=2021-10-05 |title=Why Appian bought Lana Labs – to get workflows right quicker |url=https://diginomica.com/why-appian-bought-lana-labs-get-workflows-right-quicker |access-date=2022-08-15 |website=diginomica.com |language=en}}</ref>


== Services ==
== Services ==


=== Low-code automation platform ===
=== Low-code platform ===
Appian offers a low-code automation platform with a visual interface and pre-built development modules.<ref name=":3">{{Cite web|title=Appian's (APPN) Low-Code Automation Demand Drives Growth|url=https://finance.yahoo.com/news/appians-appn-low-code-automation-151203201.html|access-date=2020-09-28|website=finance.yahoo.com|language=en-US}}</ref> As of August 2020, it was the only pure-play provider of low-code software on the stock market.<ref>{{Cite web|last=Bowman|first=Jeremy|date=2020-08-10|title=Appian Sees a Bright Future for Low-Code Software|url=https://www.fool.com/investing/2020/08/10/appian-sees-a-bright-future-for-low-code-software.aspx|access-date=2020-09-28|website=The Motley Fool|language=en}}</ref> As with other low-code automation platforms, it enables businesses to create apps using little or no code.<ref name=":3" /><ref>{{cite web|last1=Bridgwater|first1=Adrian|title=Appian Adds Google Cloud Intelligence To Low-Code Automation Mix|url=https://www.forbes.com/sites/adrianbridgwater/2020/03/09/appian-adds-google-cloud-intelligence-to-low-code-automation-mix/#31b4cb3f2b38|accessdate=2020-06-23|website=Forbes}}</ref> The platform protects privacy and security with its [[Health Insurance Portability and Accountability Act|HIPAA]]-compliant cloud.<ref>{{Cite web|last=Schwab|first=Katharine|date=2020-03-19|title=This app lets you self-report COVID-19 symptoms to your company|url=https://www.fastcompany.com/90479573/this-app-lets-you-self-report-covid-19-symptoms-to-your-company|access-date=2020-09-28|website=Fast Company|language=en-US}}</ref> The platform includes Appian AI and Appian RPA.<ref name=":0">{{Cite web|title=The Forrester Wave™: Low-Code Development Platforms, Q2 2016|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+Q2+2016/-/E-RES117623|access-date=2017-06-07|website=www.forrester.com|language=en}}</ref><ref name=":4">{{Cite web|last=Murphy|first=Ian|date=2020-03-10|title=Appian unveils integrated RPA solution -|url=https://www.enterprisetimes.co.uk/2020/03/10/appian-unveils-integrated-rpa-solution/|access-date=2020-09-28|website=Enterprise Times|language=en-GB}}</ref>
Appian offers a low-code platform with a visual interface and pre-built development modules.<ref name=":3">{{Cite web|title=Appian's (APPN) Low-Code Automation Demand Drives Growth|url=https://finance.yahoo.com/news/appians-appn-low-code-automation-151203201.html|access-date=2020-09-28|website=finance.yahoo.com|date=9 September 2020 |language=en-US}}</ref> As of August 2020, it was the only pure-play provider of low-code software on the stock market.<ref>{{Cite web|last=Bowman|first=Jeremy|date=2020-08-10|title=Appian Sees a Bright Future for Low-Code Software|url=https://www.fool.com/investing/2020/08/10/appian-sees-a-bright-future-for-low-code-software.aspx|access-date=2020-09-28|website=The Motley Fool|language=en}}</ref> As with other low-code platforms, it enables businesses to create apps and automations using little or no code.<ref name=":3" /><ref>{{cite web|last1=Bridgwater|first1=Adrian|title=Appian Adds Google Cloud Intelligence To Low-Code Automation Mix|url=https://www.forbes.com/sites/adrianbridgwater/2020/03/09/appian-adds-google-cloud-intelligence-to-low-code-automation-mix/#31b4cb3f2b38|accessdate=2020-06-23|website=Forbes}}</ref> The platform protects privacy and security with its [[Health Insurance Portability and Accountability Act|HIPAA]]-compliant cloud.<ref>{{Cite web|last=Schwab|first=Katharine|date=2020-03-19|title=This app lets you self-report COVID-19 symptoms to your company|url=https://www.fastcompany.com/90479573/this-app-lets-you-self-report-covid-19-symptoms-to-your-company|access-date=2020-09-28|website=Fast Company|language=en-US}}</ref> The platform includes Appian AI and Appian RPA.<ref name=":0">{{Cite web|title=The Forrester Wave™: Low-Code Development Platforms, Q2 2016|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+Q2+2016/-/E-RES117623|access-date=2017-06-07|website=www.forrester.com|language=en}}</ref><ref name=":4">{{Cite web|last=Murphy|first=Ian|date=2020-03-10|title=Appian unveils integrated RPA solution -|url=https://www.enterprisetimes.co.uk/2020/03/10/appian-unveils-integrated-rpa-solution/|access-date=2020-09-28|website=Enterprise Times|language=en-GB}}</ref>

=== SAIL (Self-Assembling Interface Layer) ===
Appian SAIL technology is a low-code method for enterprise applications that works from back-end integration to upper level graphical user interfaces.<ref>{{Cite web |date=2022-04-26 |title=Appian World 2022: Heightening Low-Code Scope, Poke and Hope |url=https://www.eweekuk.com/applications/appian-world-2022-heightening-low-code-scope-poke-and-hope/ |access-date=2022-12-15 |website=eWeek UK |language=en-US}}</ref> It also incorporates Appian's AI Intelligent Document Processing (IDP) tool.<ref>{{Cite web |date=2022-04-26 |title=Appian World 2022: Heightening Low-Code Scope, Poke and Hope |url=https://www.eweekuk.com/applications/appian-world-2022-heightening-low-code-scope-poke-and-hope/ |access-date=2022-12-15 |website=eWeek UK |language=en-US}}</ref>

=== Appian Portals ===
This allows designers to use low-code to build and manage secure external websites that capture and share data from Appian applications.<ref>{{Cite web |last=Bridgwater |first=Adrian |title=Appian Portals Opens Door To More Users |url=https://www.forbes.com/sites/adrianbridgwater/2022/03/08/appian-portals-opens-door-to-more-users/ |access-date=2022-12-21 |website=Forbes |language=en}}</ref><ref>{{Cite web |last=Bureau |first=E. T. |date=2022-03-08 |title=Latest version of the Appian Low-Code Platform now available |url=https://enterprisetalk.com/news/latest-version-of-the-appian-low-code-platform-now-available/ |access-date=2022-12-21 |website=EnterpriseTalk |language=en-US}}</ref>

=== Process Mining ===
Process mining is the act of analyzing, improving, and monitoring business processes.<ref>{{Cite web |last=Bridgwater |first=Adrian |title=Appian Portals Opens Door To More Users |url=https://www.forbes.com/sites/adrianbridgwater/2022/03/08/appian-portals-opens-door-to-more-users/ |access-date=2022-09-01 |website=Forbes |language=en}}</ref> In April 2022, process mining was fully integrated into the Appian platform.<ref>{{Cite web |last=Murphy |first=Ian |date=2022-04-27 |title=Appian elevates process mining to a whole new level |url=https://www.enterprisetimes.co.uk/2022/04/27/appian-elevates-process-mining-to-a-whole-new-level/ |access-date=2022-12-21 |website=Enterprise Times |language=en-GB}}</ref> Appian uses process mining to identify any business inefficiencies, then uses low-code to draw a visual representation of a more efficient workflow, and follows up with a second round of process mining after implementation to make sure that the new process has solved the problem<ref>{{Cite web |last=Loewenthal |first=Clare |date=2022-02-07 |title=How integrating process mining with workflow and automation creates responsive, efficient organisations |url=https://dynamicbusiness.com/featured/how-integrating-process-mining-with-workflow-and-automation-creates-responsive-efficient-organisations.html |access-date=2022-09-01 |website=Dynamic Business |language=en-AU}}</ref>

Appian includes the Mine Process history plug-in that lets users automatically import process data into the process mining product for further analysis.<ref>{{Cite web |last=Bridgwater |first=Adrian |title=Appian Portals Opens Door To More Users |url=https://www.forbes.com/sites/adrianbridgwater/2022/03/08/appian-portals-opens-door-to-more-users/ |access-date=2023-01-05 |website=Forbes |language=en}}</ref><ref>{{Cite web |last=Bureau |first=E. T. |date=2022-03-08 |title=Latest version of the Appian Low-Code Platform now available |url=https://enterprisetalk.com/news/latest-version-of-the-appian-low-code-platform-now-available/ |access-date=2023-01-05 |website=EnterpriseTalk |language=en-US}}</ref> It also includes a no-code module.<ref>{{Cite web |last=Loewenthal |first=Clare |date=2022-02-07 |title=How integrating process mining with workflow and automation creates responsive, efficient organisations |url=https://dynamicbusiness.com/featured/how-integrating-process-mining-with-workflow-and-automation-creates-responsive-efficient-organisations.html |access-date=2023-01-05 |website=Dynamic Business |language=en-AU}}</ref>


=== Pre-built apps ===
=== Pre-built apps ===
Appian also sells pre-built frameworks. In late 2020, it launched apps to support businesses with [[COVID-19 pandemic|COVID-19]] concerns.<ref name="Fool">{{cite web|last1=Bowman|first1=Jeremy|title=Appian Sees Opportunities in the Fight Against COVID-19|url=https://www.fool.com/investing/2020/05/12/appian-opportunities-fight-against-coronavirus.aspx|accessdate=2020-06-23|website=The Motley Fool|date=12 May 2020}}</ref><ref name=":1">{{cite news|date=2020-07-05|title=Why Appian Stock Dropped 10% in June|publisher=The Motley Fool|url=https://www.fool.com/investing/2020/07/05/why-appian-stock-dropped-10-in-june.aspx|accessdate=2020-07-22}}</ref> They track workforce health and safety during the COVID-19 pandemic, collecting information from employees and storing it in a HIPAA-compliant cloud,<ref name="ITPro">{{cite news|date=2020-05-27|title=Health-screening app helps employees return to work safely|publisher=ITPro|url=https://www.itpro.co.uk/software/business-apps/355805/health-screening-app-helps-employees-return-to-work-safely|accessdate=2020-07-22}}</ref> help organizations reopen their offices, and helps banks manage [[Paycheck Protection Program]] loan applications, including AI-powered intelligent document processing.<ref name="Fool" /> Another app, created in partnership with the [[University of South Florida]], helps educational campuses collect COVID-19 related data about individuals and coordinate health and safety guidelines in academic communities to plan for students returning to campus.<ref name=":2">{{cite news|date=2020-06-22|title=U of South Florida Co-developing App for COVID-19-Safe Campus Returns|publisher=Campus Technology|url=https://campustechnology.com/articles/2020/06/22/u-of-south-florida-co-developing-app-for-covid-19-safe-campus-returns.aspx|accessdate=2020-07-22}}</ref> The firm also developed apps that facilitate return-to-work protocols,<ref name="Fool" /> and a framework for government organizations to manage acquisition processes,<ref>{{Cite web|last=Hanna|first=Tess|date=2020-07-10|title=Appian Launches Acquisition Requirements Management Solution|url=https://solutionsreview.com/business-process-management/appian-launches-acquisition-requirements-management-solution/|access-date=2020-09-28|website=Best BPM Tools, Vendors, Software and BPMS|language=en-US}}</ref> institutional onboarding,<ref>{{Cite web|date=2019-09-25|title=New Appian Solution for Financial Services Institutional Onboarding Improves Speed-to-market and Reduces Implementation Risks|url=https://www.aithority-67ee47.ingress-bonde.easywp.com/technology/new-appian-solution-for-financial-services-institutional-onboarding-improves-speed-to-market-and-reduces-implementation-risks/|access-date=2020-09-28|website=AiThority|language=en-US}}</ref> and intelligent document processing.<ref name=":02">{{Cite web|title=The Forrester Wave™: Low-Code Development Platforms, Q2 2016|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+Q2+2016/-/E-RES117623|access-date=2017-06-07|website=www.forrester.com|language=en}}</ref>
Appian also sells pre-built frameworks. In late 2020, it launched apps to support businesses with [[COVID-19 pandemic|COVID-19]] concerns.<ref name="Fool">{{cite web|last1=Bowman|first1=Jeremy|title=Appian Sees Opportunities in the Fight Against COVID-19|url=https://www.fool.com/investing/2020/05/12/appian-opportunities-fight-against-coronavirus.aspx|accessdate=2020-06-23|website=The Motley Fool|date=12 May 2020}}</ref><ref name=":1">{{cite news|date=2020-07-05|title=Why Appian Stock Dropped 10% in June|publisher=The Motley Fool|url=https://www.fool.com/investing/2020/07/05/why-appian-stock-dropped-10-in-june.aspx|accessdate=2020-07-22}}</ref> They track workforce health and safety during the COVID-19 pandemic, collecting information from employees and storing it in a HIPAA-compliant cloud,<ref name="ITPro">{{cite news|date=2020-05-27|title=Health-screening app helps employees return to work safely|publisher=ITPro|url=https://www.itpro.co.uk/software/business-apps/355805/health-screening-app-helps-employees-return-to-work-safely|accessdate=2020-07-22}}</ref> help organizations reopen their offices, and helps banks manage [[Paycheck Protection Program]] loan applications, including AI-powered intelligent document processing.<ref name="Fool" /> Another app, created in partnership with the [[University of South Florida]], helps educational campuses collect COVID-19 related data about individuals and coordinate health and safety guidelines in academic communities to plan for students returning to campus.<ref name=":2">{{cite news|date=2020-06-22|title=U of South Florida Co-developing App for COVID-19-Safe Campus Returns|publisher=Campus Technology|url=https://campustechnology.com/articles/2020/06/22/u-of-south-florida-co-developing-app-for-covid-19-safe-campus-returns.aspx|accessdate=2020-07-22}}</ref> The firm also developed apps that facilitate return-to-work protocols,<ref name="Fool" /> and a framework for government organizations to manage acquisition processes,<ref>{{Cite web|last=Hanna|first=Tess|date=2020-07-10|title=Appian Launches Acquisition Requirements Management Solution|url=https://solutionsreview.com/business-process-management/appian-launches-acquisition-requirements-management-solution/|access-date=2020-09-28|website=Best BPM Tools, Vendors, Software and BPMS|language=en-US}}</ref> institutional onboarding,<ref>{{Cite web|date=2019-09-25|title=New Appian Solution for Financial Services Institutional Onboarding Improves Speed-to-market and Reduces Implementation Risks|url=https://www.aithority-67ee47.ingress-bonde.easywp.com/technology/new-appian-solution-for-financial-services-institutional-onboarding-improves-speed-to-market-and-reduces-implementation-risks/|access-date=2020-09-28|website=AiThority|language=en-US}}{{Dead link|date=September 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> and intelligent document processing.<ref name=":02">{{Cite web|title=The Forrester Wave™: Low-Code Development Platforms, Q2 2016|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+Q2+2016/-/E-RES117623|access-date=2017-06-07|website=www.forrester.com|language=en}}</ref>

=== Data Fabric ===
In 2021, Appian announced plans for a low-code data product.<ref>{{Cite web |last=Murphy |first=Ian |date=2022-04-27 |title=Can the Appian Data Fabric revolutionise working with data? |url=https://www.enterprisetimes.co.uk/2022/04/27/can-the-appian-data-fabric-revolutionise-working-with-data/ |access-date=2022-08-24 |website=Enterprise Times |language=en-GB}}</ref> It was completed in April 2022 and was named Appian Data Fabric.<ref name="ReferenceA">{{Cite web |last=Murphy |first=Ian |date=2022-04-27 |title=Can the Appian Data Fabric revolutionise working with data? |url=https://www.enterprisetimes.co.uk/2022/04/27/can-the-appian-data-fabric-revolutionise-working-with-data/ |access-date=2022-11-29 |website=Enterprise Times |language=en-GB}}</ref> It unifies data from enterprise systems, reducing the time to deliver new applications.<ref name="ReferenceA"/>


== See also ==
== See also ==
Line 78: Line 107:
[[Category:Companies listed on the Nasdaq]]
[[Category:Companies listed on the Nasdaq]]
[[Category:Companies based in McLean, Virginia]]
[[Category:Companies based in McLean, Virginia]]
[[Category:Cloud platforms]]
[[Category:Software companies of the United States]]
[[Category:Software companies based in Virginia]]

Latest revision as of 23:47, 16 September 2024

Appian Corporation
Company typePublic
Industry
Founded1999; 25 years ago (1999)
Founders
Headquarters
McLean, Virginia
,
U.S.
Number of locations
15 (2017)
Area served
Worldwide
Key people
RevenueIncrease US$545 million (2023)
Negative increase US$−108 million (2023)
Negative increase US$−111 million (2023)
Total assetsIncrease US$628 million (2023)
Total equityDecrease US$52.3 million (2023)
Number of employees
2,243 (2023)
Websiteappian.com
Footnotes / references
[1][2]

Appian Corporation is an American cloud computing and enterprise software company headquartered in McLean, Virginia, part of the Dulles Technology Corridor. The company sells a platform as a service (PaaS) for building enterprise software applications. It is focused on low-code development,[3] process mining,[4] business process management,[5] and case management[6] markets in North America, Europe, the Middle East and Southeast Asia.[7]

History

[edit]

Founding and early growth: 1999–2013

[edit]

Appian was founded in 1999 by Michael Beckley, Robert Kramer, Marc Wilson and Matthew Calkins, who serves as CEO.[8][9]

In 2001, the company developed Army Knowledge Online, regarded at the time as “the world's largest intranet."[10]

In 2005, the company expanded into financial services and other private markets.[11] It became known for its low-code platform.[11]

In 2010, Appian Cloud was accredited with Federal Information Security Management Act (FISMA) low-level security by the U.S. Education Department. In 2013, it received FISMA Moderate Authorization and Accreditation from the General Services Administration (GSA).[12]

Secondary investments and Nasdaq: 2014–2017

[edit]

In 2014, the company received $37.5 million in secondary investments from New Enterprise Associates, which was paid out to shareholders.[13][14] In 2015, transportation company Ryder began using the Appian apps instead of paper processing during the checkout process and internally for truck maintenance records.[15][16]

In 2016, Vontobel, a global investment firm, started using Appian's Low-Code Platform to improve its business processes.[17]

On May 25, 2017, Appian became a publicly traded company, trading as APPN on the NASDAQ Global Exchange.[18][19]

Process mining and artificial intelligence: 2018–present

[edit]

In May 2019, Appian released Appian AI, enabling artificial intelligence capabilities on its platform.[20] In March 2020, the company updated the platform's Artificial intelligence and robotic process automation capabilities.[21] In 2021, the company was named a leader in Digital Process Automation software by Forrester.[22]

In 2022, Appian started highlighting the importance of low-code tools in improving environmental, social & corporate governance (ESG).[23] The company stressed that embedding these tools within operational processes makes it easier for companies to integrate ESG data sources, adapt to regulations, and remain in control of auditability.[24][25]

In February, the company secured provisional authorization from the Defense Information Systems Agency to allow its low-code platform-as-a-service “to handle Impact Level 5 controlled unclassified information and national security systems”.[26] This lets defense customers use Appian Government Cloud as well as the Appian Low-Code Platform.[26]

In March, Horizon Power, a Western Australian energy utility, wanted to transfer from manual process to automation and started using Appian's low-code platform to improve internal workflows and processes.[27][28]

April 2022, process mining, first available in January, was fully integrated into all Appian products.[29][30] This resulted in process mining, low-code/no-code workflows, and automation working as a single solution.[30][29] That same month, Appian started the free #lowcode4all program to help provide access to low-code education and certification for developers.[31] Participants complete a low-code curriculum and the Appian Certified Associate Developer exam, receive access to hiring recruiters through Appian's partner network, and get job search skills support.[32][33][34] The program targeted undergraduate and graduate students, students who had paused their education, unemployed, career-changers, and military veterans.[34][35]

In May 2022, Appian was awarded $2.04 billion in damages against Pegasystems Inc.[36] Pegasystems was found guilty of hiring a developer to spy on Appian, stealing trade secrets in an operation Pegasystems referred to as "Project Crush."[37][38] Pega is appealing the verdict and the company will not be required to begin paying the judgment until all avenues of appeal have been exhausted.[39] In February 2023, Pega filed an appeal asking the court to overturn the previous judgement and either rule in Pega's favor or order a new trial.[40] March 29, 2023, Appian filed a rebuttal and 8K.[41]

Acquisitions

[edit]

On January 7, 2020, Appian announced acquisition of Novayre Solutions SL, developer of the Jidoka robotic process automation (RPA) platform.[42]

In August 2021, Appian acquired the process mining company Lana Labs.[43] The company's applications help companies discover the work patterns being used within their organization by looking through system logs for common actions and sequences.[44]

Services

[edit]

Low-code platform

[edit]

Appian offers a low-code platform with a visual interface and pre-built development modules.[45] As of August 2020, it was the only pure-play provider of low-code software on the stock market.[46] As with other low-code platforms, it enables businesses to create apps and automations using little or no code.[45][47] The platform protects privacy and security with its HIPAA-compliant cloud.[48] The platform includes Appian AI and Appian RPA.[49][50]

SAIL (Self-Assembling Interface Layer)

[edit]

Appian SAIL technology is a low-code method for enterprise applications that works from back-end integration to upper level graphical user interfaces.[51] It also incorporates Appian's AI Intelligent Document Processing (IDP) tool.[52]

Appian Portals

[edit]

This allows designers to use low-code to build and manage secure external websites that capture and share data from Appian applications.[53][54]

Process Mining

[edit]

Process mining is the act of analyzing, improving, and monitoring business processes.[55] In April 2022, process mining was fully integrated into the Appian platform.[56] Appian uses process mining to identify any business inefficiencies, then uses low-code to draw a visual representation of a more efficient workflow, and follows up with a second round of process mining after implementation to make sure that the new process has solved the problem[57]

Appian includes the Mine Process history plug-in that lets users automatically import process data into the process mining product for further analysis.[58][59] It also includes a no-code module.[60]

Pre-built apps

[edit]

Appian also sells pre-built frameworks. In late 2020, it launched apps to support businesses with COVID-19 concerns.[61][62] They track workforce health and safety during the COVID-19 pandemic, collecting information from employees and storing it in a HIPAA-compliant cloud,[63] help organizations reopen their offices, and helps banks manage Paycheck Protection Program loan applications, including AI-powered intelligent document processing.[61] Another app, created in partnership with the University of South Florida, helps educational campuses collect COVID-19 related data about individuals and coordinate health and safety guidelines in academic communities to plan for students returning to campus.[64] The firm also developed apps that facilitate return-to-work protocols,[61] and a framework for government organizations to manage acquisition processes,[65] institutional onboarding,[66] and intelligent document processing.[67]

Data Fabric

[edit]

In 2021, Appian announced plans for a low-code data product.[68] It was completed in April 2022 and was named Appian Data Fabric.[69] It unifies data from enterprise systems, reducing the time to deliver new applications.[69]

See also

[edit]

References

[edit]
  1. ^ "Appian Form 10-K". U.S. Securities and Exchange Commission. 15 February 2024.
  2. ^ "Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor". Forbes. 2019-05-31. Retrieved 2020-07-22.
  3. ^ Rymer, John (2017-10-12). "The Forrester Wave™: Low-Code Development Platforms For AD&D Pros, Q4 2017". Forrester Research. Retrieved 2018-05-29.
  4. ^ Murphy, Ian (2022-04-27). "Appian elevates process mining to a whole new level". Enterprise Times. Retrieved 2022-07-06.
  5. ^ Dunie, Rob (2017-10-24). "Magic Quadrant for Intelligent Business Process Management Suites". Gartner. Retrieved 2018-05-29.
  6. ^ Le Clair, Craig (2018-03-08). "The Forrester Wave™: Cloud-Based Dynamic Case Management, Q1 2018". Forrester Research. Retrieved 2018-05-29.
  7. ^ "Case study: Appian's low-code process automation platform".
  8. ^ Medici, Andy. "This local tech founder is now richer than the Lerners". www.bizjournals.com. Archived from the original on 2021-02-02. Retrieved 2021-04-08.
  9. ^ Konrad, Alex. "Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor". Forbes. Retrieved 2021-04-08.
  10. ^ Knapp, Louise (2001-11-15). "Army Intranet: World's Largest". Wired. Retrieved 2018-05-29.
  11. ^ a b "Case study: Appian's low-code process automation platform". www.mpamag.com. Retrieved 2022-07-21.
  12. ^ Yasin, Rutrell. "Appian Cloud app gets FISMA moderate security cert". GCN. Retrieved 2020-06-23.
  13. ^ "Appian prices application software IPO at $12". TechCrunch. 2017-05-25. Retrieved 2020-07-22.
  14. ^ Overly, Steven (2014-03-04). "Appian collects $37.5 million from New Enterprise Associates as it plans IPO". Washington Post. Retrieved 2018-05-29.
  15. ^ "Low-code platforms help with project backlogs and software development training". TechRepublic. 2020-03-22. Retrieved 2020-07-22.
  16. ^ "Staying Ahead of COVID-19". Transport Topics. 2020-09-25. Retrieved 2021-02-19.
  17. ^ Bureau, E. T. (2021-11-03). "Vontobel Scales Appian Robotic Process Automation (RPA) Across the Company". EnterpriseTalk. Retrieved 2022-08-12. {{cite web}}: |last= has generic name (help)
  18. ^ Balakrishnan, Anita (2017-05-25). "Appian shares soar more than 25% as the $75 million tech IPO hits the market". CNBC. Retrieved 2018-05-29.
  19. ^ Razumovskaya, Olga (2017-05-25). "Appian Shares Leap 35% After IPO". Wall Street Journal. Retrieved 2018-05-29.
  20. ^ "Appian tackles AI integration concerns with "free and easy" plug-ins". Verdict. 14 May 2019. Retrieved 2020-06-23.
  21. ^ "Appian Updates Low-Code Platform with RPA Capabilities". ITPro Today. Mar 15, 2020. Archived from the original on 2020-07-23. Retrieved Sep 7, 2020.
  22. ^ maria (2021-12-29). "Appian named a leader in digital process automation software report by independent research firm - Technology Dispatch". Retrieved 2022-10-25.
  23. ^ "Appian World 2022: Heightening Low-Code Scope, Poke and Hope". eWeek UK. 2022-04-26. Retrieved 2022-10-25.
  24. ^ "Appian World 2022: Heightening Low-Code Scope, Poke and Hope". eWeek UK. 2022-04-26. Retrieved 2022-10-25.
  25. ^ "Appian drives low-code for ESG in ERP". ERP Today. 26 April 2022. Retrieved 2022-10-25.
  26. ^ a b "Appian's Cloud Platform Granted DISA Provisional Authorization - ExecutiveBiz". blog.executivebiz.com. 2022-02-17. Retrieved 2022-09-08.
  27. ^ "Appian platform helping Horizon Power digitally transform". IT Brief Australia. Retrieved 2023-01-05.
  28. ^ "Automation specialist Vuram deploys Appian to Horizon Power". CRN Australia. Retrieved 2023-01-05.
  29. ^ a b Bowman, Jeremy (2022-01-26). "Appian Takes The Next Step in Its Low-Code Evolution". The Motley Fool. Retrieved 2023-01-24.
  30. ^ a b Murphy, Ian (2022-04-27). "Appian elevates process mining to a whole new level". Enterprise Times. Retrieved 2023-01-24.
  31. ^ Mearian, Lucas (2022-04-28). "Low-code tools can fill a void caused by the Great Resignation". Computerworld. Retrieved 2023-01-27.
  32. ^ Bridgwater, Adrian. "Appian Elevates Low-Code Purview And World View". Forbes. Retrieved 2023-02-09.
  33. ^ Mearian, Lucas (2022-04-28). "Low-code tools can fill a void caused by the Great Resignation". Computerworld. Retrieved 2023-02-09.
  34. ^ a b Murphy, Ian (2022-04-26). "Appian #lowcode4all to democratise coding and solve skills shortages". Enterprise Times. Retrieved 2023-02-09.
  35. ^ "Appian announces #lowcode4all - CW Developer Network". www.computerweekly.com. Retrieved 2023-02-09.
  36. ^ Stempel, Jonathan (2022-05-10). "Appian soars after winning $2.04 bln verdict against Pegasystems". Reuters. Retrieved 2022-05-10.
  37. ^ "Appian awarded $2B in trade secret espionage case". SearchSoftwareQuality. Retrieved 2022-11-07.
  38. ^ Pugh, Alex (May 16, 2022). "Appian awarded $2b in damages in trade secrets lawsuit".
  39. ^ "Court affirms Appian win in trade-secrets case, but battle with Pegasystems is far from over". www.bizjournals.com. Retrieved 2022-12-06.
  40. ^ "A 'trade-secret case with no secrets:' Pega lays out appeal in $2B Appian case". www.bizjournals.com. Retrieved 2023-02-17.
  41. ^ "Inline XBRL Viewer". www.sec.gov. Retrieved 2023-06-28.
  42. ^ "Appian makes first-ever acquisition - and it's in a whole new field". www.bizjournals.com. Retrieved 2022-08-15.
  43. ^ "Appian acquires process mining company Lana Labs". VentureBeat. 2021-08-05. Retrieved 2021-10-29.
  44. ^ "Why Appian bought Lana Labs – to get workflows right quicker". diginomica.com. 2021-10-05. Retrieved 2022-08-15.
  45. ^ a b "Appian's (APPN) Low-Code Automation Demand Drives Growth". finance.yahoo.com. 9 September 2020. Retrieved 2020-09-28.
  46. ^ Bowman, Jeremy (2020-08-10). "Appian Sees a Bright Future for Low-Code Software". The Motley Fool. Retrieved 2020-09-28.
  47. ^ Bridgwater, Adrian. "Appian Adds Google Cloud Intelligence To Low-Code Automation Mix". Forbes. Retrieved 2020-06-23.
  48. ^ Schwab, Katharine (2020-03-19). "This app lets you self-report COVID-19 symptoms to your company". Fast Company. Retrieved 2020-09-28.
  49. ^ "The Forrester Wave™: Low-Code Development Platforms, Q2 2016". www.forrester.com. Retrieved 2017-06-07.
  50. ^ Murphy, Ian (2020-03-10). "Appian unveils integrated RPA solution -". Enterprise Times. Retrieved 2020-09-28.
  51. ^ "Appian World 2022: Heightening Low-Code Scope, Poke and Hope". eWeek UK. 2022-04-26. Retrieved 2022-12-15.
  52. ^ "Appian World 2022: Heightening Low-Code Scope, Poke and Hope". eWeek UK. 2022-04-26. Retrieved 2022-12-15.
  53. ^ Bridgwater, Adrian. "Appian Portals Opens Door To More Users". Forbes. Retrieved 2022-12-21.
  54. ^ Bureau, E. T. (2022-03-08). "Latest version of the Appian Low-Code Platform now available". EnterpriseTalk. Retrieved 2022-12-21. {{cite web}}: |last= has generic name (help)
  55. ^ Bridgwater, Adrian. "Appian Portals Opens Door To More Users". Forbes. Retrieved 2022-09-01.
  56. ^ Murphy, Ian (2022-04-27). "Appian elevates process mining to a whole new level". Enterprise Times. Retrieved 2022-12-21.
  57. ^ Loewenthal, Clare (2022-02-07). "How integrating process mining with workflow and automation creates responsive, efficient organisations". Dynamic Business. Retrieved 2022-09-01.
  58. ^ Bridgwater, Adrian. "Appian Portals Opens Door To More Users". Forbes. Retrieved 2023-01-05.
  59. ^ Bureau, E. T. (2022-03-08). "Latest version of the Appian Low-Code Platform now available". EnterpriseTalk. Retrieved 2023-01-05. {{cite web}}: |last= has generic name (help)
  60. ^ Loewenthal, Clare (2022-02-07). "How integrating process mining with workflow and automation creates responsive, efficient organisations". Dynamic Business. Retrieved 2023-01-05.
  61. ^ a b c Bowman, Jeremy (12 May 2020). "Appian Sees Opportunities in the Fight Against COVID-19". The Motley Fool. Retrieved 2020-06-23.
  62. ^ "Why Appian Stock Dropped 10% in June". The Motley Fool. 2020-07-05. Retrieved 2020-07-22.
  63. ^ "Health-screening app helps employees return to work safely". ITPro. 2020-05-27. Retrieved 2020-07-22.
  64. ^ "U of South Florida Co-developing App for COVID-19-Safe Campus Returns". Campus Technology. 2020-06-22. Retrieved 2020-07-22.
  65. ^ Hanna, Tess (2020-07-10). "Appian Launches Acquisition Requirements Management Solution". Best BPM Tools, Vendors, Software and BPMS. Retrieved 2020-09-28.
  66. ^ "New Appian Solution for Financial Services Institutional Onboarding Improves Speed-to-market and Reduces Implementation Risks". AiThority. 2019-09-25. Retrieved 2020-09-28.[permanent dead link‍]
  67. ^ "The Forrester Wave™: Low-Code Development Platforms, Q2 2016". www.forrester.com. Retrieved 2017-06-07.
  68. ^ Murphy, Ian (2022-04-27). "Can the Appian Data Fabric revolutionise working with data?". Enterprise Times. Retrieved 2022-08-24.
  69. ^ a b Murphy, Ian (2022-04-27). "Can the Appian Data Fabric revolutionise working with data?". Enterprise Times. Retrieved 2022-11-29.
Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Appian_Corporation&oldid=1246112808"