SOURCE: Adaptive Insights

Adaptive Insights

April 21, 2016 10:00 ET

Adaptive Insights Expands Support in Australia With New Data Centers

Satisfies Data Residency Requirements and Underscores Global Growth

PALO ALTO, CA--(Marketwired - Apr 21, 2016) - Adaptive Insights, the leader in cloud corporate performance management (CPM), today announced it has opened two new data centers in Australia located in Sydney and Melbourne. The new locations allow Adaptive Insights to respond to the data center residency requirements of the region, while providing increased capacity for the company's growing customer base in Australia and New Zealand. Adaptive Insights already has a significant presence in the region, with over 150 customers across a wide range of vertical market segments including food, utilities, education, government, professional services, nonprofit and health. The new data centers expand the company's global data center network, which currently has locations in the United States, Canada and Europe.

"As more and more customers embrace corporate performance management software, we continue to expand and adapt our organization to the needs of our 3000+ global customers," said Robert S. Hull, founder and chairman of Adaptive Insights. "With these new data centers, Adaptive Insights continues to demonstrate its longstanding commitment to the Australia and New Zealand markets and lays a foundation for continued strong growth in the region."

Adaptive Insights currently has offices in Sydney, Melbourne, and Brisbane and a network of partners throughout Australia and New Zealand.

"Establishing in-country data centers enables our government customers to continue to leverage the industry's leading CPM software and remain in compliance with recent regulations governing data," said Greg Clarke, CEO of ABM, an Adaptive Insights reseller based in Sydney. "More important, it allows us to continue to expand access to this critical financial planning and analysis platform so that companies across Australia and New Zealand can maximize the performance of their businesses."

Adaptive Insights' prominent customer base in the region includes Cochlear, a provider of implantable hearing solutions; Roy Hill, an iron ore mining project; and Thiess, an integrated engineering and services provider. New customers include Bellamy Organic, Australia's leading producer of organic baby food; and Trustpower, a leading power and telecommunications company in New Zealand.

Adaptive Insights

Adaptive Insights is the leader in cloud corporate performance management (CPM). Via its software as a service (SaaS) platform, the company offers capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and analytics that empower finance, sales, and other business leaders with insight to drive true competitive advantage. The Adaptive Suite is sold direct or is available through Adaptive Insights' robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, BDO, Cohn Reznick, Intacct, KPMG, McGladrey, Plex Systems, and Workday. NetSuite also offers Adaptive Planning as its NetSuite Financial Planning Module.

More than 3,000 companies in 85 countries use Adaptive Insights. These range from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Epcor, Konica Minolta, NetSuite, Philips, P.F. Chang's, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif. For more information, visit www.AdaptiveInsights.com, the Adaptive Insights Blog, and follow Adaptive Insights on LinkedIn, Twitter, Facebook, and YouTube.

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