Cloud-based modeling and planning leader establishes regional office in Singapore
SINGAPORE & SAN FRANCISCO – March 21, 2013 – Anaplan, the fastest-growing provider of cloud-based modeling and planning solutions for finance and operations, today announced its launch in Asia Pacific with the acquisition of Cloud EPM, Anaplan’s leading Asian reseller. With this news, Anaplan is also appointing Samir Neji, CEO of Cloud EPM, to run Asia Pacific Operations and opening a regional headquarters in Singapore.
“Our customers in Asia Pacific are echoing what we have heard in the United States and Europe—these companies are hungry for an alternative to the status quo of enterprise planning and modeling. We are redefining this market on a global scale,” said Anaplan CEO Fred Laluyaux.
With offices in North America, UK, France, Sweden, and now Singapore, Anaplan continues its rapid international expansion to meet growing market demand for its award-winning enterprise planning and modeling platform. Anaplan chose to headquarter Asia Pacific operations in Singapore because it is a major global hub that offers exceptional talent, unparalleled business and technology infrastructure, and an ideal location. Samir Neji, a seasoned veteran in enterprise performance management, will lead operations in this strategic regional market.
“I have known Samir for years, and I am thrilled that he has agreed to lead our Asia Pacific operations,” said Laluyaux. “His leadership, integrity, deep domain experience, and focus on customer success fit extremely well with Anaplan’s core values and culture.”
“Our team is really excited and proud to bring Anaplan’s game-changing platform to the region, “said Samir Neji. “Asian companies are feeling the pain of their old and tired planning software: missed deadlines, failed promises, complex coding. Going back to Excel should not be the answer. By contrast, building models on the cloud-based Anaplan platform is incredibly easy and fast. From proof-of-concept to go-live, we are talking weeks with Anaplan instead of months with traditional on-premise solutions.”
Demonstrating its further commitment to the Asia Pacific region, Anaplan is discussing with Infocomm Development Authority of Singapore (IDA) potential plans to build data centers in Singapore. Doing so would support IDA’s goals to accelerate adoption of cloud-based technologies and economic leadership in Asia and enable Anaplan to better service its growing worldwide customer base.
Asia Pacific firms like Air Asia Expedia, Amcor, Super Retail Group, and 2Degrees joined an impressive list of Anaplan global customers including McAfee, Pandora, Kimberly-Clark Eastern Europe, and HealthTrust. In the last twelve months, Anaplan has seen demand for its innovative cloud software increase rapidly. In 2012, the company grew its global customer base by 500 percent and revenues by 800 percent. This month, the company closed a Series C venture capital funding round of $30 million led by Meritech Capital Partners.
Anaplan is a cloud-based, in-memory modeling and planning platform for finance, sales, and operations that enables business users to intuitively and dynamically test and operationalize their plans, manage complex multi-dimensional models, collaborate across functions and regions, and share insights and content via the built-in community.
Anaplan and its partners have introduced a series of packages for finance, marketing, operations, human resources, as well as a complete sales performance management application suite, which includes quota, territory and commissions management, real-time quote, and price optimization.
Anaplan is funded by Meritech Capital Partners, Granite Ventures, and Shasta Ventures. Anaplan was granted the Gartner Cool Vendor Award and the Ventana Research Technology Operational Innovation Award for Sales Management in 2012.