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==Partners==
==Partners==
In 2009, Adaptive Insights partnered with [[NetSuite|NetSuite, Inc.]] and currently is a member of the SuiteCloud Developer Network. The company also integrates with other cloud ERP solutions from Sage Intacct, Microsoft, and others.<ref>{{Cite news|url=https://www.enterprisetimes.co.uk/2018/04/27/27781/|title=Salut Adaptive Insights - Enterprise Times|date=2018-04-27|work=Enterprise Times|access-date=2018-04-30|language=en-GB}}</ref>
In 2009, Adaptive Insights partnered with [[NetSuite|NetSuite, Inc.]] and currently is a member of the SuiteCloud Developer Network. The company also integrates with other cloud ERP solutions from [[Sage Intacct]], Microsoft, and others.<ref>{{Cite news|url=https://www.enterprisetimes.co.uk/2018/04/27/27781/|title=Salut Adaptive Insights - Enterprise Times|date=2018-04-27|work=Enterprise Times|access-date=2018-04-30|language=en-GB}}</ref>


Adaptive Insights has partners in Australia, Canada, Europe, Japan, New Zealand, the UK and the United States.<ref>{{Cite news|url=https://www.enterprisetimes.co.uk/2018/04/27/27781/|title=Salut Adaptive Insights - Enterprise Times|date=2018-04-27|work=Enterprise Times|access-date=2018-04-30|language=en-GB}}</ref>
Adaptive Insights has partners in Australia, Canada, Europe, Japan, New Zealand, the UK and the United States.<ref>{{Cite news|url=https://www.enterprisetimes.co.uk/2018/04/27/27781/|title=Salut Adaptive Insights - Enterprise Times|date=2018-04-27|work=Enterprise Times|access-date=2018-04-30|language=en-GB}}</ref>

Revision as of 09:55, 3 June 2018

Adaptive Insights, Inc.
Company typePrivate
IndustrySoftware, CPM, Analytics
Founded2003
FounderRobert S. Hull, Richard L. Dellinger
Headquarters
Palo Alto, California
,
Key people
Tom Bogan, CEO
ProductsBusiness Planning Cloud
Websitewww.adaptiveinsights.com

Adaptive Insights, Inc., formerly Adaptive Planning, Inc., is a privately held software as a service company headquartered in Palo Alto, California founded in 2003. Its Business Planning Cloud lets people in companies collaborate, gain insights, and make smarter decisions faster.

History

In 2003, Robert S. Hull and Richard L. Dellinger co-founded Adaptive Planning to market enterprise budgeting, forecasting, and reporting software as an alternative to spreadsheet-based planning or larger, on-premises software. Adaptive Planning was an early user of the software as a service (SaaS) model for business intelligence and corporate performance management. The company was funded in late 2003 and incorporated in Delaware as Visus Technology and then renamed to Adaptive Planning. It was incubated at Onset Ventures in Menlo Park, California. In September 2012 the company acquired the Louisville, Colorado based company myDIALS for an undisclosed amount.[1] By October 2013 Adaptive Planning held a fourth round of funding, raising $45 million and added salesforce.com as a backer.[2]

In February 2014, Adaptive Planning was renamed Adaptive Insights and released a new version of the software with an updated user interface.[3]

In January 2015, the company appointed Citrix Chairman Tom Bogan as CEO.[4] In June 2015 the company reported another investment round of $75 million with several investors, including Norwest Venture Partners, ONSET Ventures, Bessemer Venture Partners, Cardinal Venture Capital, Information Venture Partners, and others.[5]

In June 2016, Adaptive Insights appeared in the Leaders Quadrant of a Gartner Strategic CPM report and marked the first time a cloud-only vendor was in the leaders section of the Strategic CPM Magic Quadrant.[6] In 2017, Gartner included only cloud companies in its 2017 Magic Quadrant for Cloud Strategic Corporate Performance Management Solutions report. Adaptive Insights was placed highest in the Leaders quadrant for ability to execute.[7]

In December 2017, the company surpassed $100 million in annualized revenue[8], an accomplishment that fewer than 1% of software companies achieve.[9] In April 2018, the company announced it added 500 net new customers in fiscal 2018 and currently has more than 3,700 customers worldwide.[10]

Product

Screenshots of Adaptive Insights for Finance
Screenshots of Adaptive Insights for Finance

Adaptive Insights covers the planning, consolidation, analytics and reporting functions with its Business Planning Cloud.[11] The Adaptive Insights Business Planning Cloud enables a comprehensive set of cloud-based software solutions supported by a powerful, in-memory technology platform that enables functional and company-wide business planning and built-in analytics at very large scale.

The company offers two purpose-built solutions, Adaptive Insights for Finance and Adaptive Insights for Sales[12], and also enables customers and partners to flexibly model virtually any kind of functional use, such as workforce capacity, marketing demand generation, and project-based planning.

The application is built on an In-memory database, has an in-browser user interface similar to that of a spreadsheet, and the drag-and-drop characteristics of a web-based consumer application. Adaptive Insights automates consolidations and integration of data from other systems and enables collaboration and real-time updates via its on-demand SaaS-based model.[13]

Partners

In 2009, Adaptive Insights partnered with NetSuite, Inc. and currently is a member of the SuiteCloud Developer Network. The company also integrates with other cloud ERP solutions from Sage Intacct, Microsoft, and others.[14]

Adaptive Insights has partners in Australia, Canada, Europe, Japan, New Zealand, the UK and the United States.[15]

Awards

In 2017, the company was named for the seventh consecutive year to the Deloitte Technology Fast 500[16] list and named for the second year to the Forbes Cloud 100[17] list. Also in 2017, the company won a CODiE award: Best Financial Management System.[18]

In 2018, the company was named a Bay Area Best Places to Work[19] by The San Francisco Business Times.

See also

References

  1. ^ "Adaptive Planning Acquires myDIALS". finance.yahoo.com. Yahoo Finance. 2012-09-10. Retrieved 2017-01-04.
  2. ^ http://fortune.com/2013/10/30/venture-capital-deals-435/
  3. ^ http://www.enterpriseappstoday.com/business-intelligence/adaptive-planning-gets-new-brand.html
  4. ^ "Citrix chairman joins cloud financials pioneer as CEO". Fortune. Retrieved 2018-04-30.
  5. ^ Lunden, Ingrid (2015-06-30). "Cloud Finance Intelligence Startup Adaptive Insights Gets $75M, Reportedly At A Unicorn Valuation". techcrunch.com. TechCrunch. Retrieved 2017-01-05.
  6. ^ "Adaptive Insights Labeled Leader in Corporate Performance Management". www.adaptiveinsights.com. Retrieved 2018-04-30.
  7. ^ "Adaptive Insights Positioned as a Leader in Magic Quadrant for Cloud Strategic Corporate Performance Management Solutions | Adaptive Insights". www.adaptiveinsights.com. Retrieved 2018-04-30.
  8. ^ "https://www.bizjournals.com/sanjose/news/2018/04/20/adaptive-insights-ceo-tom-bogan.html". www.bizjournals.com. Retrieved 2018-04-30. {{cite web}}: External link in |title= (help)
  9. ^ "Adaptive Insights Surpasses $100M in Annualized Revenue as Cloud Planning Market Expands | Adaptive Insights". www.adaptiveinsights.com. Retrieved 2018-04-30.
  10. ^ "Adaptive Insights announces a stellar year for FY18". Retrieved 2018-04-30.
  11. ^ "Adaptive Insights: Adaptive Insights introduces Business Planning Cloud". Accounting Today. 14 February 2018.
  12. ^ "Adaptive Insights spreads out into business and sales planning - SiliconANGLE". SiliconANGLE. 2018-02-15. Retrieved 2018-04-30.
  13. ^ http://www.technologyreview.com/business/26929/?p1=BI,Technology Review by MIT,12/29/10
  14. ^ "Salut Adaptive Insights - Enterprise Times". Enterprise Times. 2018-04-27. Retrieved 2018-04-30.
  15. ^ "Salut Adaptive Insights - Enterprise Times". Enterprise Times. 2018-04-27. Retrieved 2018-04-30.
  16. ^ Columbus, Louis. "59% Of Deloitte's 2017 Technology Fast 500 Are Software Companies". Forbes. Retrieved 2018-04-30.
  17. ^ "Cloud Reports: Tom Bogan of Adaptive Insights". NASDAQ.com. 2017-11-02. Retrieved 2018-04-30.
  18. ^ "Adaptive Insights Named SIIA Business Technology CODiE Award Finalist for Best Financial Management Solution". www.siia.net. Retrieved 2017-02-28. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  19. ^ GmbH, finanzen.net. "Adaptive Insights Recognized as One of Bay Area's Best Places to Work | Markets Insider". markets.businessinsider.com. Retrieved 2018-04-30.