Anaplan growth continues with 75%+ annual year-over-year subscription revenue increase

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Anaplan

22 Mar, 2017, 13:00 GMT

Leading planning platform provider adds 250 new customers and expands into new markets, including Japan and China

SAN FRANCISCO, March 22, 2017 /PRNewswire/ -- Anaplan, a leading platform provider driving a new age of connected planning, today announced fiscal year 2017 results, including achieving over 75 percent annual year-over-year subscription revenue growth and $120 million total revenue.

"Anaplan's enterprise customers and partners are embracing our vision of connected planning to transform how businesses plan and execute in increasingly dynamic markets," said Frank Calderoni, Anaplan President and CEO. "We continue to experience a strong demand for our planning platform that helps our customers connect planning and decision-making in every area of the business. Anaplan delivered very strong results this past year through consistent execution across the company, positioning us for continued revenue growth."

Anaplan welcomed more than 250 new customers, including American Airlines, Anheuser-Busch,  and Merck, taking its customer base to more than 660 customers located in over 40 countries. Anaplan also opened additional sales offices in Japan and China, and expanded its UK development presence in central London.

Kimberly-Clark, an American multinational personal care corporation and an early adopter of the Anaplan platform, continues to expand its use of the solution on a global scale. "We have been on a journey with Anaplan for several years, rolling out the solution to connect dozens of planning processes within our business, from finance to human resources to operations," said Jim Miranda, Workforce Planning Manager, Kimberly-Clark. 

Circle K, an international chain of convenience stores, recently implemented Anaplan to align and connect core processes within its fuel supply chain. "Circle K's ambition is to make sure our supply chain is world class, and therefore we need efficient ways to make real-time and forward-looking decisions. With one platform, we can monitor performance, make forecasts, and manage scenarios," said Magnus Tägtström, Senior Director of Supply Chain Optimization, Global Fuels, Circle K.

Anaplan was named a Leader in enterprise performance management in the 2016 Forrester Wave™ report,1 which cited the company's "well-articulated strategy to embrace innovative technology." Forrester Vice President and Principal Analyst Paul D. Hamerman wrote, "Anaplan is best for companies with relatively complex, data-intensive planning and modeling use cases in finance, sales, marketing, operations, and HR across a variety of industries."

Other calendar 2016 highlights include:

Hub17, Anaplan's premier event where planning change agents and leaders can learn about the new age of connected planning, will be held March 27–29 at the Masonic Theater and the Fairmont Hotel in San Francisco. Attendees can experience over 120 in-depth sessions and will hear from big-picture thinkers like Dr. Mae Jemison, the first woman of color in space. To register for Hub17 and view the full list of speakers, visit the Hub17 website.

1. Forrester "The Forrester Wave™: Enterprise Performance Management 2016 Q4 2016" by Paul Hamerman, October 6, 2016.
2. Gartner "Magic Quadrant for Strategic Corporate Performance Management Solutions" by Chris Iervolino and John Van Decker, May 31, 2016.
3. Gartner "Magic Quadrant for Sales Performance Management" by Tad Travis, January 21, 2016

About Anaplan
Anaplan is driving a new age of connected planning. Large and fast-growing organizations use Anaplan's cloud platform in every business function to make informed decisions and drive faster, more effective planning processes. Anaplan also provides support, training, and planning transformation advisory services. Anaplan is a privately held company based in San Francisco with 16 offices and over 150 expert partners worldwide. To learn more, visit anaplan.com.

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