Total Bookings Grow 77 Percent, Total Software Revenues Grow 44 Percent Over Q1 2014
RESTON, VA -- (Marketwired) -- Apr 20, 2015 -- Appian today announced the company's Q1 2015 performance results. In the quarter, total bookings for the business increased 77 percent over Q1 2014. Total software revenues increased 44 percent over the same period. The company signed 15 new-name customers in the quarter.
In Q1 2015, Appian won new customers in telecommunications, financial services, retail, health care, and other markets. Enterprise-wide use of Appian's Application Platform also drove significant expansion deals with existing customers in insurance, government, and other industries. Telecommunications organizations initiated or expanded Appian programs to optimize network and infrastructure performance and to create customer-facing mobile apps. Financial services organizations utilized Appian to enhance customer engagement and service delivery. Government and commercial organizations across a range of industries chose Appian to accelerate positive case closure in Case Management scenarios.
The Appian 7 platform is leading the evolution of BPM into the modern Application Platform market. In Q1 2015 Appian was named a "Leader" in Gartner, Inc.'s "Magic Quadrant for Intelligent Business Process Management Suites 2015″ (Gartner, Inc. "Magic Quadrant for Intelligent Business Process Management Suites 2015″ by R. Dunie, et al, 3/18/15).
Appian seamlessly integrates enterprise data, business processes, native mobility, and social collaboration within flexible and portable cloud/on-premise/hybrid hosting. The result is faster delivery of powerful business apps for enterprise transformation.
For more information, visit www.appian.com.
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