Appian Corporation is an American

cloud computing Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

and

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...

company headquartered in

McLean, Virginia McLean ( ) is an Unincorporated area#United States, unincorporated community and census-designated place in Fairfax County, Virginia, United States. The population of the community was 50,773 at the 2020 United States census, 2020 census. It is ...

, part of the

Dulles Technology Corridor The Dulles Technology Corridor is a business cluster containing many defense and technology companies, located in Northern Virginia near Washington Dulles International Airport. The area was called "The Silicon Valley of the East" by ''Atlantic' ...

. The company sells a platform as a service (PaaS) for building enterprise software applications. It is focused on low-code development,

process mining Process mining is a family of techniques for analyzing event data to understand and improve operational processes. Part of the fields of data science and Business_process_management, process management, process mining is generally built on Logging ...

business process management Business process management (BPM) is the discipline in which people use various methods to Business process discovery, discover, Business process modeling, model, Business analysis, analyze, measure, improve, optimize, and Business process auto ...

, and case management markets in

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

, the

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

and

Southeast Asia Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...

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 A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

. In 2001, the company developed Army Knowledge Online, regarded at the time as “the world's largest intranet." 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).

Secondary investments and Nasdaq: 2014–2017

In 2014, the company received $37.5 million in secondary investments from

New Enterprise Associates New Enterprise Associates (NEA) is an American-based venture capital firm. NEA focuses investment stages ranging from seed stage through growth stage across an array of industry sectors. With over $25 billion in committed capital, NEA is one of t ...

, which was paid out to shareholders. In 2015, transportation company

Ryder Ryder System, Inc. is an American transportation and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maint ...

began using the Appian apps instead of paper processing during the checkout process and internally for truck maintenance records. On May 25, 2017, Appian became a publicly traded company, trading as APPN on the

NASDAQ The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

Global Exchange.

Process mining and artificial intelligence: 2018–present

In May 2019, Appian released Appian AI, enabling artificial intelligence capabilities on its platform. In March 2020, the company updated the platform's Artificial intelligence and

robotic process automation Robotic process automation (RPA) is a form of business process automation that is based on software robots (bots) or artificial intelligence (AI) agents. RPA should not be confused with artificial intelligence as it is based on automation tech ...

capabilities. 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. In May 2022, Appian was awarded $2.04 billion in damages against Pegasystems Inc. Pegasystems was found guilty of hiring a developer to spy on Appian, stealing trade secrets in an operation Pegasystems referred to as "Project Crush." Pega is appealing the verdict. Appian filed a rebuttal and 8K.

Acquisitions

On January 7, 2020, Appian announced acquisition of Novayre Solutions SL, developer of the Jidoka robotic process automation (RPA) platform. In August 2021, Appian acquired the process mining company Lana Labs. 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.

References