Largest Technology Council in the Country Recognizes Appian as ‘Tech Company of the Year’
January 10, 2018
Lifting the Curtain on the Era of Low-Code, Appian’s Digital Transformation Platform is Transforming Work and the Customer Experience
RESTON, Va. — Appian (NASDAQ: APPN), a leading Low-Code and Business Process Management platform provider, today announced it received the 2017 ‘Tech Company of the Year (over $50m in revenue)’ Award from the Northern Virginia Technology Council (NVTC). The award celebrates Appian’s industry leadership and innovative digital transformation platform technology. Headquartered in Northern Virginia, Appian was founded in the region and became the country’s best performing enterprise software IPO in 2017, according to Renaissance Capital.
“As a longtime member and supporter of NVTC I’m especially pleased with this recognition,” said Matt Calkins, CEO, Appian.
Appian makes it easy for every company to create the software applications it needs to express itself and its uniqueness in the market. In doing this, customers such as Barclays, Enterprise Rent-A-Car, and many others across the globe are able to streamline operations, cultivate stronger relationships with customers, and better assert the uniqueness of their brand.
According to a recent IDC Worldwide Digital Transformation Predictions report, digital transformation spending will reach $1.7 trillion worldwide by 2019, a 42 percent increase from 2017.
Kevin Spurway, SVP of Marketing, adds, “Being named Company of the Year by the NVTC was the capstone of a very exciting 2017 for Appian. As we step into 2018, we believe both Appian and the Northern Virginia technology community are poised for even greater growth and success.”
For more information on Appian, please visit our website.
This press release includes forward-looking statements. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding the stock market performance of Appian’s Class A common stock, market adoption of the Appian low-code software platform, the results obtained by customers using the Appian low-code software development platform, and the predictions made by the IDC Worldwide Digital Transformation Predictions report regarding future increases in digital transformation spending are forward-looking statements. The words “anticipate,” believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. Appian has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Appian believes may affect its financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. Those forward-looking statements are subject to a number of risks and uncertainties, including, without limitation, risks related to the potential volatility of the stock price of Appian’s Class A common stock, risks related to market adoption of low-code solutions to drive digital transformation and market acceptance of the Appian platform, risks related to Appian’s ability to meet its customers’ needs by scaling its business sufficiently quickly, continuing to innovate and provide a useful platform, and providing satisfactory deployment services, risks related to inaccuracies in published analyst reports and estimates, and the risks and uncertainties set forth in the “Risk Factors” section of Appian’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2017 filed with the Securities and Exchange Commission on November 2, 2017, and subsequent reports that Appian has filed with the Securities and Exchange Commission. Moreover, Appian operates in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for Appian’s management to predict all risks, nor can Appian assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements Appian may make. In light of these risks, uncertainties and assumptions, Appian cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. Appian is under no duty to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations, except as required by law.
Appian provides a software development platform that combines intelligent automation and enterprise low-code development to rapidly deliver powerful business applications. Many of the world’s largest organizations use Appian applications to improve customer experience, achieve operational excellence, and simplify global risk and compliance.