March 17, 2016

2 min read

Anaplan strengthens market position with over 100% annual revenue increase

As its customer base grows across a diverse range of industries, Anaplan expands to meet global demand

San Francisco, March 17, 2016Anaplan, the enterprise planning cloud company, today announced it more than doubled revenue for its fiscal year 20161, with over 100 percent growth year-over-year. The company’s continued growth is being fueled by global demand for its cloud-based planning and modelling platform.

Growth highlights:

  • Global enterprise customer base grew to 430, an increase of 75%.
  • Users increased 90% year-over-year to 70,000.
  • $90 million capital raised at a $1.1 billion valuation.
  • Employee headcount grew 80% to 575 worldwide in 15 countries, including new operations in India, China and Japan.

“Our continued growth speaks volumes about the global business problems we solve for our customers,” said Fred Laluyaux, Anaplan President and CEO. “The ease of use, the power, and the versatility of the 120+ Anaplan apps built on our planning platform enable businesses to make real time and numbers-driven decisions to dramatically improve their operational and financial performance.”

Anaplan’s customer wins during the past 12 months include global companies representing a broad range of industries and markets, such as: CareerBuilder, Chevron Corporation, Dairy Farmers of America, Gatwick Airport, GrubHub, Schneider Electric, Tata Steel, Ticket Monster, Zillow Group, and new AXA entities.

“Enterprise companies are evolving to conduct business at digital speeds. This is a winner takes all market and winners have accelerated decision-making cycles,” said R ‘Ray’ Wang, Founder and CEO of Constellation Research. “At the heart of this transition is strategic business software that enables companies to model the future and continuously adjust when changes hit and opportunities arise.”

Fiscal year 2016 held continued growth for Anaplan. Key milestones and business highlights include:

  • Several industry leaders joined Anaplan, including CMO Grant Halloran, CFO James Budge, and CRO Paul Melchiorre. Additionally, Bob Calderoni and Sandesh Patnam were appointed as directors of the board.
  • A new, updated Anaplan App Hub was unveiled, featuring 120+ industry-specific apps from Anaplan, partners, and customers.
  • Launched new portfolios of planning apps for Marketing, Human Resources, and Supply Chain to enable companies to deploy Anaplan into every area of the business.
  • Seven signature HUB conferences were hosted across the globe, attended by more than 3,000 enterprise planners.
  • Five major Anaplan platform releases were announced, offering enhancements and improved tools for model builders.
  • Fast Company named Anaplan to its Top 10 Most Innovative Companies in Enterprise Software for 2016.
  • Gartner named Anaplan a Visionary in the Magic Quadrant for Corporate Performance Management (CPM) Suites2 and a Challenger in the Magic Quadrant for Sales Performance Management (SPM)3.
  • Mary Meeker featured Anaplan as a company to watch in her annual “Internet Trends 2015” report.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1. For the period spanning February 1, 2015 through January 31, 2016
2. Gartner “Magic Quadrant for Corporate Performance Management Suites” by Christopher Iervolino and John E. Van Decker, April 2, 2015
3. Gartner “Magic Quadrant for Sales Performance Management” by Tad Travis, January 21, 2016