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Sunday, April 30, 2017

Appian BPM Goes Public

Have been a follower of BPM systems for some time.  Now a well known provider of BPM as a service Appian is going public.  Liked what I saw of them.  We tested and used.  Again, would like to see more connections to analytics and AI.  Integrate real process to potential enhancements.   See More in this blog.

BPM software maker Appian files for $86M initial public offering
By Duncan Riley

Business process management software maker Appian Corp. is going public with the company announcing Friday that it had filed an S-1 initial public offering registration statement Securities and Exchange Commission. ....

Founded way back in 1999, Appian offers a Software-as-a-Service platform that assists enterprises in improving their business processes and case management by connecting various stakeholders. Specifically, the company’s product unites users with all their data, processes, and collaborations – in one environment, on any mobile device, through a simple social interface.  ....

Appian is a fairly small player in the BPM market, one that came in at $6.96 billion in 2016 and is expected to grow to $13.52 billion by 2021 according to one report. The company’s list of competitors is long, ranging from mega-firms such as Salesforce, IBM, Oracle and SAP, through to startups such as ServiceNow, RedHat and OpenText. Many of those competitors are able to bundle their BPM servicing putting pressure on Appian as a stand-alone provider, however, the company is continuing to grow. ... " 

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