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Adaptive by the Numbers: A Look into the Market Opportunity for the Adaptive Planning Suite

On the heels of this morning’s major new funding announcement at Accelerate 2013, we’ve developed a new infographic depicting the large market opportunity for cloud business analytics based on the trending needs of today’s CFOs. Before diving into the graphic, a few highlights:

• CFOs would like to double their time spent leading the business, and cut in half their time spent on tactical accounting processes.
• 74 percent of CFOs say business intelligence (BI) and performance management and analytics are a priority.
• 47 percent of CFOs expect to move at least one CPM application to the cloud within the next two years, in order to achieve greater flexibility.

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Click on the image to see the full version of Adaptive Planning’s new industry infographic.

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Accelerate 2013: New Funding Announcement on Adaptive’s 10th Birthday!

There’s no better place to celebrate our 10th birthday than San Francisco, at Accelerate 2013 – our inaugural global user conference!

Our CEO John Herr kicked-off ABessemer_Venture_Partners_blogccelerate 2013 by welcoming over 500 Adaptive customers and partners with a major announcement during his keynote address (we told you not to miss it): Adaptive Planning has secured a new whopping $45 million in funding led by new investor Bessemer Venture  Partners (BVP) – a top cloud and SaaS venture capital firm. Here’s what the new funding means for our 1,600+ current customers from 81 different countries.

The new funding will support three initiatives:

  1. Scaling direct and indirect sales channels in North America.
  2. Expanding into new enterprise and international markets.
  3. Driving new product innovation (hint: this is what you should be most excited about).

Within the last year, we’ve significantly expanded our cloud business analytics platform with:

  1. Improvements to our flagship Adaptive Planning product; and
  2. A complete corporate performance management (CPM) and business intelligence (BI) suite with two new products: Adaptive Discovery and Adaptive Consolidation.

Our new industry infographic clearly illustrates Adaptive’s current market leadership as a result of this recent innovation. It also explains the market opportunity ahead. And that’s what this latest funding is really all about.

The new funding means we can continue to accelerate our product development and keep up with customer needs – from cloud capabilities, to mobile computing, to social and collaborative functionality.  In short, Adaptive is today’s solution of choice for cloud-based CPM & BI – a $33 billion market. The new funding will help us keep it that way.

Byron Deeter is the newest member of Adaptive Planning's Board of Directors.

Byron Deeter is the newest member of Adaptive Planning’s Board of Directors.

The funding also brings a new addition to the Adaptive family – Byron Deeter – a BVP partner who will join Adaptive’s board of directors. Byron is a true leader in cloud technology investment; he knows the industry, he’s written the 10 laws of cloud computing and knows a strong company when he sees it. So why Adaptive?

Yes, our innovation and corporate leadership factored in. But, “a passionate customer base,” was also among the many reasons he gave for making the investment and joining our board. So thank you Adaptive users for your passion and your role in securing this funding, and for your role in our overall growth and success! A Happy Birthday for us indeed!

Tweet your birthday wishes to @AdaptivePlans, and check out our Facebook, Twitter, and LinkedIn pages, as well as our blog, for live updates from Accelerate 2013.

And if you’re with us in San Francisco, tweet your birthday wishes and conference feedback to @AdaptivePlans using “#APaccelerate, as we’ll be recognizing the event’s best Tweets on Wednesday night!

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Accelerate ’13: Five Can’t-Miss Events within the Event

There’s a whole lot more than five things to look forward to at Accelerate 2013, May 20-22 in San Francisco.

Exclusive training sessions. Unique industry insight. Opportunities to learn how Adaptive users arCant-Miss-Event_blog_photoound the world are accelerating their businesses with the Adaptive Suite. The list goes on.

Of course, there’s also the opportunity to visit San Francisco!

We’re equally excited to host our first international event, and we encourage you to take-in every moment of the conference. But if you’re planning to sneak in a cable car ride or explore the San Francisco pier, here are five things to plan your sightseeing around, and why:

Continue reading →

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Adaptive Planning Events – Suite!

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Get active with Adaptive: Seminars, workshops, webinars, and Accelerate 2013

Attend one of our complimentary, in-person or online events TODAY and learn how The Adaptive Suite can fundamentally change how you run your organization. The Adaptive Suite is the only cloud business analytics solution that gives you a 360 degree view of your organization’s performance – past, present, and future – with Adaptive Planning, Adaptive Consolidation, and Adaptive Discovery.

  •  Come to one of our seminars or luncheons to learn about FP&A Best Practices. Also check out our hands-on workshops that include tips to help you engage world-class budgeting, forecasting, and reporting processes for your organization.  Find a seminar or workshop near you!
  • Discover the power of data visualization at one of our Adaptive Discovery Seminars. During the session you can explore the only cloud-based visual analytics application specifically designed for executives, line-of-business managers, and finance departments — not just IT administrators. Distinguish Adaptive’s unprecedented capability to drill into and analyze multi-dimensional data, without any required programming.
  • Stop by one of our casual networking happy hours and rub elbows with other finance peers and industry experts.
  • From the comfort of your own office, join a webinar designed for finance professionals who are currently evaluating their CPM solutions. Check out our upcoming webinars!
  • And best of all, don’t miss Adaptive’s Accelerate 2013 User Conference, right around the corner on May 20-22, in San Francisco, CA. This conference is the first Adaptive Planning event that brings together worldwide customers and partners.  While in attendance, you’ll learn how to optimize and extend the use of Adaptive Planning, gain valuable insights through informative breakout and training sessions, hear customer success stories and attend prominent keynote presentations from the likes of NetSuite CEO Zach Nelson. For more information and to register, click here.

You can also REGISTER NOW for any of these events by visiting our website.

Visit us on Facebook, Twitter, and LinkedIn, and follow our blog to keep up with the latest and greatest from Adaptive Planning!

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Adaptive Planning Introduces Adaptive Consolidation

We just announced last week a major new product to our growing suite of cloud business management solutions: Adaptive Consolidation. We have heard you — our customers, prospects and partners — ask us to help streamline the financial consolidation process. You asked us to do for consolidation what we have done for planning. And that’s exactly what we did. With Adaptive Consolidation, your period-end consolidations are faster, easier, and more collaborative.

Check out the media and analyst coverage  to date, which has been very positive.

Using simple, user-defined rules, Adaptive Consolidation makes it easy to consolidate entities with multiple currencies, complex ownership structures, intercompany transactions, and complex allocation schemes. And then use our drag-and-drop report builders to create the consolidated reports you need.

With this announcement, we are the industry’s only complete integrated cloud BI & CPM solution.  Adaptive Consolidation provides out of the box integration with our CPM & BI Suite.  The new product offers a unique intuitive user interface to make incredibly complex and time-consuming processes appear to be easy.

Adaptive Consolidation delivers immediate results and validation, which means no waiting for jobs or processes.

We know that our customers are increasingly global, bringing with them unique regional needs. With that in mind, Adaptive Consolidation was designed with the flexibility to enable GAAP and IFRS reporting and to meet the audit controls and tracking you need.

A key element illustrating the new design of Adaptive Consolidation is the robust, flexible, and visually intuitive Process Tracker, which provides easy ways to define and monitor one-time and repeating processes.  Users can define specific deliverables, assign them to users, monitor their status, and track their closure.  With its leading-edge visual impact, rich functionality, simple usability, and ease of management, it will be the “must-have” among task and process management tools.

Adaptive Consolidation Process Tracker Screenshot

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We can’t wait to show you all that you can do with Adaptive Consolidation. Ask your salesperson for a demo. There will be lots of opportunities to see Adaptive Consolidation in action at the Accelerate User Group in San Francisco on May 20-22.

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Adaptive Planning Launches Networking Happy Hour in Your Area

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We would like to take the opportunity to get our industry’s thought leaders, movers and shakers together for a networking happy hour to share industry trends, talk shop and build a more robust professional network in a casual setting.

Upcoming networking events:

04/25/13 San Mateo CA 4:30 PM
05/01/13 Toronto ON 4:30 PM
05/14/13 Denver CO 4:30 PM
05/14/13 Montreal QC 4:30 PM
06/04/13 St. Louis MO 4:30 PM
06/13/13 Philadelphia PA 4:30 PM
06/20/13 Glendale CA 4:30 PM

Sign up for an event in your city so you, too, can join us for a drink or two while fostering new connections and learning how the Adaptive Suite of Corporate Performance Management and Business Intelligence solutions can benefit  you, your customers, and your organization.

New locations will be announced soon, please visit our events page for updates on networking sessions in your area.

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Accelerate 2013 User Conference Will Be Huge!

This year, Accelerate 2013 will be a single national user conference located in beautiful San Francisco! We have doubled our efforts to build an amazing agenda full of valuable content and training, more breakout sessions, more interactive platforms, and even more peer engagement to provide the biggest and best customer event to date.

We are also thrilled to announce that many of our featured speakers are confirmed!

  • Keynote speaker, Zach Nelson, CEO of NetSuite, will discuss the vision of the cloud and how to thrive in a hyper growth business environment.
  • Our second keynote speaker, John Van Decker, VP of Research at Gartner, will present on market dynamics and best practices for maximizing the value of CPM implementations during his session.
  • Steve Player, Director of the Beyond Budgeting Roundtable, is back again this year to talk about best practices in forecasting and why you should keep up with the changing times as frequently as possible in his breakout session, “Keep your Business Nimble with Frequent Forecasting.”

Adaptive Planning’s new products and features are also a huge focus of this conference. We plan to educate attendees on our new consolidations functionality and business analytics capabilities to show how to make the most out of the Adaptive Suite within every business.

…And the above only scratches the surface of what the conference entails!

As the conference grows nearer, our excitement is also growing as we cannot wait for customers, partners, prospects, and friends to experience the value and fun that this conference has in store for them!

Interested to learn more? Visit our conference website.

User Group