Appian Corporation
American cloud computing company From Wikipedia, the free encyclopedia
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, process mining, business process management, and case management markets in North America, Europe, the Middle East and Southeast Asia.[3]
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| Company type | Public |
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| Industry | |
| Founded | 1999 |
| Founders |
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| Headquarters | , U.S. |
Number of locations | 15 (2017) |
Area served | Worldwide |
Key people |
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| Revenue | US$545 million (2023) |
| US$−108 million (2023) | |
| US$−111 million (2023) | |
| Total assets | US$628 million (2023) |
| Total equity | US$52.3 million (2023) |
Number of employees | 2,243 (2023) |
| Website | appian |
| Footnotes / references [1][2] | |
History
Summarize
Perspective
Founding and early growth: 1999–2013
Appian was founded in 1999 by Michael Beckley, Robert Kramer, Marc Wilson and Matthew Calkins, who is CEO.[4][5]
In 2001, the company developed Army Knowledge Online, regarded at the time as “the world's largest intranet."[6]
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).[7]
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.[8][9] In 2015, transportation company Ryder began using the Appian apps instead of paper processing during the checkout process and internally for truck maintenance records.[10][11]
On May 25, 2017, Appian became a publicly traded company, trading as APPN on the NASDAQ Global Exchange.[12][13]
Process mining and artificial intelligence: 2018–present
In May 2019, Appian released Appian AI, enabling artificial intelligence capabilities on its platform.[14] In March 2020, the company updated the platform's Artificial intelligence and robotic process automation capabilities.[15]
April 2022, process mining, first available in January, was fully integrated into all Appian products. This resulted in process mining, low-code/no-code workflows, and automation working as a single solution. That same month, Appian started the free #lowcode4all program to help provide access to low-code education and certification for developers.[16][17][18]
In May 2022, Appian was awarded $2.04 billion in damages against Pegasystems Inc.[19] Pegasystems was found guilty of hiring a developer to spy on Appian, stealing trade secrets in an operation Pegasystems referred to as "Project Crush."[20][21] Pega is appealing the verdict.[22][23] Appian filed a rebuttal and 8K.[24]
Acquisitions
On January 7, 2020, Appian announced acquisition of Novayre Solutions SL, developer of the Jidoka robotic process automation (RPA) platform.[25] In August 2021, Appian acquired the process mining company Lana Labs.[26] 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.[27]
See also
References
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