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This statistic highlights Appian Corporation’s Revenue By Segment split between Professional Services and Subscriptions, from 2016 onwards.
Appian Corporation generates its revenues from the following segments:
Revenue By Segment
|Segment||Q1 2020||Q1 2021||YoY Growth||Revenue Share Q1 2021|
(all figures in millions, except percentages)
Appian Corporation’s total revenue increased from $78.87 million in Q1 2020 to $88.86 million in Q1 2021, marking an increase of 12.67% on a year-on-year basis. The reason for this growth during the period was that the company was successful in securing new deals especially in the low-cost automation segment from governments of various countries and other private institutions.
In March 2021, Appian Corporation signed a deal with HP Hood, an American Food and Beverage company to provide Workforce Safety Solution to 3,387 Hood’s employees. This service will include the vaccination status of the employees, COVID-19 history of the employees, contact tracing, regular health check-ups, and other services relating to employees’ safety and healthcare.
During the pandemic, Appian Corporation developed The COVID-19 Command and Control Application for the Bexley Health Neighbourhood Care (BHNC), a segment of the National Health Service (NHS), United Kingdom. With the help of this application, BHNC will ensure the safety of healthcare workers and random testing of essential staff.
Appian Corporation’s revenue from Subscriptions increased from $50.44 million in Q1 2020 to $63.77 million in Q1 2021, a growth of 26.42% on a year-on-year basis. In Q1 2021, Subscriptions contributed 71.76% to the company’s total revenue.
The Subscriptions include revenues earned from SaaS and licensed subscriptions integrated with hosting services, support, and maintenance.
Subscriptions also include revenues from Low-code development services like Data and Integration, Mobile and Application Development, Complete Automation services like Artificial Intelligence, Case Management, Robotic Process Automation, and Business Process Management.
The company provides its subscriptions to different industries like Transportation, Retail, Life Sciences, Insurance, Education, Healthcare, and Automobile. Appian Corporation’s services are also used by Governments of various countries. Various Government agencies like General Services Administration (GSA), Federal Transit Administration (FTA), Medicines and Healthcare Products Regulatory Agency (MHRA), Food And Drug Administration (FDA) use Appian Corporation’s low code automation platform for their application.
Appian Corporation offers cloud solutions in different countries like United States, Canada, France, Germany, United Kingdom, Italy, Ireland, South Korea, India, and Japan.
Appian Corporation’s revenue from Professional Services declined from $28.43 million in Q1 2020 to $25.09 million in Q1 2021, a decline of 11.74% on a year-on-year basis. In Q1 2021, Professional Services contributed 28.24% to Appian Corporation’s total revenue.
Professional Services includes revenues from consulting fees, and client training charges. The company has made strategic agreements with companies like KPMG, PWC, and Deloitte.
The Professional Services offered by the company ensure that the clients do not have any difficulty in adopting the company’s platform. The company has a team of professional instructors who assist the clients in building applications. Appian Corporation has set up Appian Academy which offers training to its clients in both online and offline modes. The company provides classroom training to its customers at its main office in Virginia, United States.
In December 2020, Appian Corporation partnered with Amazon Web Services (AWS) to sell its professional courses on the AWS portal.
Appian Corporation is an American cloud computing software company. The company was founded by Michael Beckley, Matt Calkins, Robert Kramer, and Marc Wilson in 1999. Its main headquarters is located in McLean, Virginia, United States. The company has offices in Canada, Australia, France, Germany, Italy, Singapore, Saudi Arabia, Spain, United Kingdom, and Switzerland. Appian Corporation employs more than 1400 people worldwide.
Appian Corporation has customers in United States, Europe, Middle East, Africa, and Asia-Pacific. The company’s customers include public organizations like US Air Force, Marine Corps, Food and Drug Administration, and private companies like AON, Amazon.com, Bendigo Bank, Cognizant, Pacific Life, Santander, T Mobile, Accenture, Bosch, and many more.
Appian Corporation’s competitors are Pega, IBM, Oracle, BP Logix, SalesForce, and TIBCO Software. In January 2020, Appian Corporation acquired Novayre solutions- a robotic processing automation company.
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