Anaplan announces its position as a Gartner Cool Vendor in Finance and ProcurementSAN FRANCISCO, May 9, 2012 - Anaplan, a leading provider of on-demand, cross functional planning and enterprise performance applications, today announced it has been included in the list of "Cool Vendors" in the Finance and Procurement, 2012 report* by Gartner, Inc.Anaplan is disrupting the enterprise market with its revolutionary cloud-based technology, enabling in-memory processing of very large and complex data volumes at the speed of thought. For the first time, end users across every business department can design, build and deploy rich operational business models via their browsers by accessing shared data held in the Anaplan Hub, promoting collaboration and connecting the enterprise.Gartner defines a Cool Vendor as a company that offers technologies or solutions that are innovative, impactful, and intriguing.Gartner Analyst John Van Decker explains, "Interest in SaaS-based CPM solutions is increasing, and many organizations that would not have considered SaaS in the past are being attracted to the potential benefits of SaaS. Anaplan is well-positioned to capitalize on the opportunity and also to deliver a planning solution that supports a more integrated approach to planning across the business.""We are delighted to have been selected as a Gartner Cool Vendor for 2012," comments Anaplan CEO, Guy Haddleton. "Innovation in technology is driving the new way to business performance. Traditional enterprise software can no longer handle the rate of change and enterprise complexity associated with vast numbers of products, customers, geographies, people, channels and projects. The costs involved with maintaining IT infrastructures and employing armies of consultants is rising rapidly. At Anaplan, we are empowering the end user by taking the flexibility of a spreadsheet, the scalability of enterprise software and the power and collaboration of the cloud to connect the enterprise and create The Enterprise Spreadsheet Cloud™."About Gartner's Cool Vendor Selection ProcessGartner 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. 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.*Gartner, Inc., Cool Vendors in Finance and Procurement, 2012 report published on 17 April, 2012 by Nigel Rayner, John E. Van Decker, Christopher Lervolino, Deborah R Wilson.