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This statistic highlights Appian Corporation’s Revenue by Region from 2016 onwards, split between Domestic and International regions.
|Regions||Q1 2021||Q1 2020||YoY Growth||Revenue share in Q1 2021|
(All figures in millions, except percentages)
Appian Corporation offers a low-code automation platform that creates high-impact business applications and workflows that enables its customers to automate different aspects of their business. Most global organizations use Appian’s applications to achieve operational excellence, simplify global risk management, and enhance customer experience.
Appian’s customers are government, transportation organizations, telecommunications, financial services, life sciences, media, energy, manufacturing, Healthcare players & providers, insurance, retail, and automotive & manufacturing. Appian targets the organization that has more than 2000 employees and more than $2 billion in annual revenue.
As of Q1 2021, Appian operated in 12 countries. In Q1 2021 Appian’s total revenue was $88.85 million which grew by 13% year-over-year from Q1 2020. Approximately 30% of revenue in Q1 2021 was generated from government agencies. This article gives further bifurcation of revenue based on regions.
Appian generates the majority of its revenue domestically which is from the United States. In Q1 2021, Appian generated 68% revenue from the United States amounting to $60.28 million. The revenue from this region grew 15% year-over-year from $52.46 million in Q1 2020. Appian’s customers in this region are Aegon, AIM Specialty Health, Ameren, Clayton, British Columbia Teachers’ Federation (BCTF), CNA insurance, Dallas/Fort Worth International Airport (DFW), The Defense Information Systems Agency (DISA), The Federal Transit Administration, FirstBank, Flowserve, General Services Administration (GSA), LiUNA, Janus Henderson, Midwest Loan Services, Qorvo, Options Clearing Corporation (OCC), Ryder, SSQ Insurance, Telefilm Canada, TELUS, United States Air Force, USDA, University of South Florida, Vermont Mutual Fire Insurance Company, etc.
Appian’s platforms support multiple languages to promote collaboration and address challenges in multinational companies. In Q1 2021, 32% of its total revenue amounting to $28.57 million was generated from customers outside of the United States. Revenue from international regions grew 8% year-over-year from $26.41 million of Q1 2020. In international regions, Appian does either direct sales or indirect sales. In the international market, Appian operates mainly in the following regions:
Appian Corporation is an American-based company incorporated in 1999 by Marc Wilson, Matt Calkins, Robert Kramer, and Michael Beckley. Its headquarters is in Virginia. Appian Corporation completed its initial public offering in 2017 and its common stocks are listed on the Nasdaq Stock Market LLC under the trading symbol “APPN”.
The Appian platform helps organizations to design, build, and implement powerful, enterprise-grade custom applications. Customers use such applications to launch new business lines, accelerate drug development, automate vital employee workflows, manage complex trading platforms, and build global procurement systems. Appian’s platforms enable the decision-makers to modify their products, services, processes, and customer interactions by eliminating the complexity and challenges associated with traditional approaches to software development.
Its platform automates the creation of forms, data structures, workflows, reports, and other software elements. This helps the customers to shorten the time it takes to design, build, and deploy applications. Appian Corporation faces competition from Camunda, Quick Base, OutSystems, Bizagi, Blue Prism, SAP, Oracle, Open Text, International Business Machines Corporation (IBM), ServiceNow, Salesforce, and Pegasystems.
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* Billed annually, local taxes extra.
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