Appian Corporation

{{Infobox company

| name = Appian Corporation

| logo = Appian_Logo.svg

| type = Public

| traded_as = {{ubl|class=nowrap|{{NASDAQ|APPN}} (Class A)|Russell 2000 component}}

| area_served = Worldwide

| founders = {{ubl|Michael Beckley|Matt Calkins|Robert Kramer|Marc Wilson}}

| key_people = {{Unbulleted list|Matt Calkins (CEO)|

Michael Beckley (CTO)|

Robert Kramer (GM)|

Marc Wilson (chief partner officer)}}

| industry = {{plainlist|

}}

| homepage = {{URL|appian.com}}

| founded = {{Start date and age|1999}}

| location_city = McLean, Virginia

| location_country = U.S.

| revenue = {{increase}} {{US$|545 million|link=yes}} (2023)

| operating_income = {{increasenegative}} {{US$|-108 million}} (2023)

| net_income = {{increasenegative}} {{US$|-111 million}} (2023)

| assets = {{increase}} {{US$|628 million}} (2023)

| equity = {{decrease}} {{US$|52.3 million}} (2023)

| num_employees = 2,243 (2023)

| footnotes = {{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1441683/000144168324000016/appn-20231231.htm |title = Appian Form 10-K|date = 15 February 2024 |publisher=U.S. Securities and Exchange Commission}}{{cite news|date=2019-05-31|title=Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor|work=Forbes|url=https://www.forbes.com/sites/alexkonrad/2019/04/29/meet-matt-calkins-billionaire-board-game-god-and-techs-hidden-disruptor/#2ae5b5106e77|accessdate=2020-07-22}}

| locations = 15 (2017)

}}

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.{{cite web | url=https://www.mpamag.com/us/specialty/technology/case-study-appians-low-code-process-automation-platform/402136 | title=Case study: Appian's low-code process automation platform }}

History

= Founding and early growth: 1999–2013 =

Appian was founded in 1999 by Michael Beckley, Robert Kramer, Marc Wilson and Matthew Calkins, who is CEO.{{Cite web|last=Medici|first=Andy|title=This local tech founder is now richer than the Lerners|url=https://www.bizjournals.com/washington/news/2021/02/01/appian-matt-calkins-lerners-billionaire.html|url-status=live|access-date=2021-04-08|website=www.bizjournals.com|archive-url=https://web.archive.org/web/20210202085030/https://www.bizjournals.com/washington/news/2021/02/01/appian-matt-calkins-lerners-billionaire.html |archive-date=2021-02-02 }}{{Cite web|last=Konrad|first=Alex|title=Meet Matt Calkins: Billionaire, Board Game God And Tech's Hidden Disruptor|url=https://www.forbes.com/sites/alexkonrad/2019/04/29/meet-matt-calkins-billionaire-board-game-god-and-techs-hidden-disruptor/|access-date=2021-04-08|website=Forbes|language=en}}

In 2001, the company developed Army Knowledge Online, regarded at the time as “the world's largest intranet."{{cite magazine|url=https://www.wired.com/2001/11/army-intranet-worlds-largest/|title=Army Intranet: World's Largest|last=Knapp|first=Louise|magazine=Wired|date=2001-11-15|access-date=2018-05-29}}

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).{{cite web|last1=Yasin|first1=Rutrell|title=Appian Cloud app gets FISMA moderate security cert|url=https://gcn.com/articles/2013/01/02/appian-cloud-gets-fisma-moderate-security-cert.aspx/|accessdate=2020-06-23|website=GCN}}

= 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.{{cite news |title=Appian prices application software IPO at $12 |url=https://techcrunch.com/2017/05/24/appian-prices-application-software-ipo-at-12/ |accessdate=2020-07-22 |publisher=TechCrunch |date=2017-05-25}}{{cite news|url=https://www.washingtonpost.com/business/capitalbusiness/appian-collects-375-million-from-new-enterprise-associates-as-it-eyes-ipo-plans/2014/03/04/9af5fe02-a3c2-11e3-8466-d34c451760b9_story.html|title=Appian collects $37.5 million from New Enterprise Associates as it plans IPO|last=Overly|first=Steven|newspaper=Washington Post|date=2014-03-04|access-date=2018-05-29}} In 2015, transportation company Ryder began using the Appian apps instead of paper processing during the checkout process and internally for truck maintenance records.{{cite news |title=Low-code platforms help with project backlogs and software development training |url=https://www.techrepublic.com/article/low-code-platforms-help-with-project-backlogs-and-software-development-training/ |accessdate=2020-07-22 |publisher=TechRepublic |date=2020-03-22}}{{Cite web|date=2020-09-25|title=Staying Ahead of COVID-19|url=https://www.ttnews.com/articles/staying-ahead-covid-19|access-date=2021-02-19|website=Transport Topics|language=en}}

On May 25, 2017, Appian became a publicly traded company, trading as APPN on the NASDAQ Global Exchange.{{cite web|url=https://www.cnbc.com/2017/05/25/appian-ipo-appn-stock-starts-trading-after-ipo.html|title=Appian shares soar more than 25% as the $75 million tech IPO hits the market|last=Balakrishnan|first=Anita|publisher=CNBC|date=2017-05-25|access-date=2018-05-29}}{{cite web|url=https://www.wsj.com/articles/appian-shares-leap-35-after-ipo-1495734515|title=Appian Shares Leap 35% After IPO|last=Razumovskaya|first=Olga|publisher=Wall Street Journal|date=2017-05-25|access-date=2018-05-29}}

= Process mining and artificial intelligence: 2018–present =

In May 2019, Appian released Appian AI, enabling artificial intelligence capabilities on its platform.{{cite web |title=Appian tackles AI integration concerns with "free and easy" plug-ins |url=https://www.verdict.co.uk/appian-ai-integration/ |website=Verdict |date=14 May 2019 |accessdate=2020-06-23}} In March 2020, the company updated the platform's Artificial intelligence and robotic process automation capabilities.{{Cite web|last=|first=|date=Mar 15, 2020|title=Appian Updates Low-Code Platform with RPA Capabilities|url=https://www.itprotoday.com/development-techniques-and-management/appian-updates-low-code-platform-rpa-capabilities|url-status=live|archive-url=https://web.archive.org/web/20200723091134/https://www.itprotoday.com/development-techniques-and-management/appian-updates-low-code-platform-rpa-capabilities |archive-date=2020-07-23 |access-date=Sep 7, 2020|website=ITPro Today}}

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.{{Cite web |last=Mearian |first=Lucas |date=2022-04-28 |title=Low-code tools can fill a void caused by the Great Resignation |url=https://www.computerworld.com/article/3658908/how-low-code-tools-are-filling-a-void-caused-by-the-great-resignation.html |access-date=2023-01-27 |website=Computerworld |language=en}}{{Cite web |last=Mearian |first=Lucas |date=2022-04-28 |title=Low-code tools can fill a void caused by the Great Resignation |url=https://www.computerworld.com/article/3658908/how-low-code-tools-are-filling-a-void-caused-by-the-great-resignation.html |access-date=2023-02-09 |website=Computerworld |language=en}}{{Cite web |title=Appian announces #lowcode4all - CW Developer Network |url=https://www.computerweekly.com/blog/CW-Developer-Network/Appian-announces-lowcode4all |access-date=2023-02-09 |website=www.computerweekly.com}}

In May 2022, Appian was awarded $2.04 billion in damages against Pegasystems Inc.{{Cite news |last=Stempel |first=Jonathan |date=2022-05-10 |title=Appian soars after winning $2.04 bln verdict against Pegasystems |language=en |work=Reuters |url=https://www.reuters.com/technology/appian-wins-204-bln-verdict-against-pegasystems-2022-05-10/ |access-date=2022-05-10}} Pegasystems was found guilty of hiring a developer to spy on Appian, stealing trade secrets in an operation Pegasystems referred to as "Project Crush."{{Cite web |title=Appian awarded $2B in trade secret espionage case |url=https://www.techtarget.com/searchsoftwarequality/news/252518066/Appian-awarded-2B-in-trade-secret-espionage-case |access-date=2022-11-07 |website=SearchSoftwareQuality |language=en}}{{Cite web |last=Pugh |first=Alex |date=May 16, 2022 |title=Appian awarded $2b in damages in trade secrets lawsuit |url=https://www.fintechfutures.com/2022/05/appian-awarded-2bn-in-damages-in-trade-secrets-lawsuit/}} Pega is appealing the verdict.{{Cite web |title=Court affirms Appian win in trade-secrets case, but battle with Pegasystems is far from over |url=https://www.bizjournals.com/washington/news/2022/09/19/appian-pegasystems-verdict.html |access-date=2022-12-06 |website=www.bizjournals.com}}{{Cite web |title=A 'trade-secret case with no secrets:' Pega lays out appeal in $2B Appian case |url=https://www.bizjournals.com/boston/news/2023/02/08/pegasystems-files-appeal-case-appian.html |access-date=2023-02-17 |website=www.bizjournals.com}} Appian filed a rebuttal and 8K.{{Cite web |title=Inline XBRL Viewer |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001441683/000144168323000031/appn-20230329.htm |access-date=2023-06-28 |website=www.sec.gov}}

= Acquisitions =

On January 7, 2020, Appian announced acquisition of Novayre Solutions SL, developer of the Jidoka robotic process automation (RPA) platform.{{Cite web |title=Appian makes first-ever acquisition - and it's in a whole new field |url=https://www.bizjournals.com/washington/news/2020/01/07/appian-makes-first-ever-acquisition-nbsp-and-its.html |access-date=2022-08-15 |website=www.bizjournals.com}} In August 2021, Appian acquired the process mining company Lana Labs.{{Cite web |date=2021-08-05 |title=Appian acquires process mining company Lana Labs |url=https://venturebeat.com/2021/08/05/appian-acquires-process-mining-company-lana-labs/ |access-date=2021-10-29 |website=VentureBeat |language=en-US}} 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.{{Cite web |date=2021-10-05 |title=Why Appian bought Lana Labs – to get workflows right quicker |url=https://diginomica.com/why-appian-bought-lana-labs-get-workflows-right-quicker |access-date=2022-08-15 |website=diginomica.com |language=en}}