Hi,
I have been a lurker for about 2 1/2 years and like most on this board have had success beyond anything I could have imagined. I have always wanted to contribute something more than offering my thanks to Saul and all the other regular posters for their generosity and knowledge. I am working full time which often makes it difficult to do a proper deep dive worthy of this board.
I am wondering if anyone else has looked into Anaplan. They are a leader in the Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions and have Market Cap of $3.56B. Anaplan had their IPO in October 2018 at which time Bert had positive things to say. In Bert’s November 20th letter PLAN was 1 of 14 companies Bert recommended as a guide to establish or add to positions. Since 11/20/18 Plan in up 36%.
Anaplan
from their website:
the powerful, patented modeling technology that is the foundation of the Anaplan platform. Endlessly flexible and scalable, it’s used worldwide for financial planning, budgeting and analysis; demand and supply chain planning; sales compensation and territory management; and other enterprise-wide planning needs. The cloud-native Anaplan platform connects data, people, and plans and puts it all in the hands of business users. Anaplan’s strong technology foundation helps organizations re-imagine planning in today’s world. That’s why we’re defining the new age of connected planning.
more from website:
Anaplan is pioneering the category of Connected Planning. Our platform, powered by our proprietary Hyperblock technology, purpose-built for Connected Planning, enables dynamic, collaborative, and intelligent planning. Large global enterprises use our solution to connect people, data, and plans to enable real-time planning and decision-making in rapidly changing business environments to give our customers a competitive advantage.
from Gartner’s Magic Quadrant
Anaplan is a cloud-only vendor headquartered in San Francisco, California, U.S. It provides a SaaS business modeling and planning platform for finance and other business functions. Anaplan supports financial planning and forecasting, as well as planning for sales, capital expenditure, operations, workforce, marketing and supply chain. Main competition seems to be Workday’s Adaptive Insights
more from Gartner:
All Anaplan customers surveyed reported upgrading to new versions within a week, with the vast majority upgrading as soon as the version was available. The vendor’s top-quartile scores here indicate a reliable cloud architecture and version release process.
In late November PLAN reported subscription revenue grew 42% year-over-year and Dollar-Based Net Expansion Rate of 124%.
Here is a link to PLAN’s Q3’19 earnings report deck their 1st as a public company: https://s22.q4cdn.com/422360030/files/doc_financials/2018/q3…
Steve