SOURCE: Adaptive Insights

Adaptive Insights

September 30, 2015 08:00 ET

Adaptive Insights Strengthens Commitment to Canadian Market, Opens Data Centers in Vancouver and Toronto

Cloud-Based CPM Leader Ensures Security Features, Data Integrity for Growing Canadian Customer Base

VANCOUVER, BC--(Marketwired - Sep 30, 2015) - Adaptive Insights, the leader in cloud corporate performance management (CPM) for the biggest brands and the hottest companies, announced it has established two Canada-based data centers, with its primary center in Vancouver and a second location in Toronto. The bi-territorial data center functionality meets data sovereignty and integrity needs for a rapidly growing Canadian customer base of more than 125 organizations with the ability to now keep data within the country. In addition to Vancouver and Toronto, Adaptive Insights has data centers throughout North America and Europe, ensuring the data security of more than 2,800 global customers.

"We have added 35 new Canadian-based customers over the last year, spanning midsize and enterprise organizations across all of the territories," said Jason Sturgess, Canada area vice president at Adaptive Insights. "As more companies than ever are looking for innovative financial planning, analysis, and reporting solutions that deliver data-driven insights to inform their business, Adaptive Insights continues to lead the charge with explosive growth across Canada."

Adaptive Insights recently announced a $75 million round of funding to fuel growth, product innovation, and global infrastructure implementation, including investment from Canada-based venture capital firm Information Venture Partners. The new data centers are the first of many international expansion plans as the company continues to build its sales and support network for the more than 85 countries in which its products are sold.

In addition to The Hospital for Sick Children, Business Development Bank of Canada, Corus Entertainment, Mount Sinai Hospital, Pelmorex Media Inc. (The Weather Network/MétéoMédia), University Health Network, and Yellow Pages are among the many prominent Canadian customers running on the award-winning Adaptive Suite. Use of the Adaptive Insights cloud-based CPM solution continues to rapidly grow across the country as it offers the highest data integrity solutions available; a robust partner network including Aubea, BDO Solutions, Corporate Renaissance Group, Elegant Cloud Solutions, MNP, Modelcom, NetSuite, Obero, Performance Analytics Corporation, Solution Valuebility, and Trajectory; and a dedicated team of local sales, service, and product support professionals.

As the Adaptive Insights presence continues to expand throughout Canada over the next several months, various user groups and thought leadership keynotes will be taking place in Calgary, Quebec, Toronto, and Vancouver. A complete list of events is here.

Tweet: .@AdaptiveInsight establishes two #data centers in #Canada to support rapidly growing customer base. #CloudCPM #finance http://ctt.ec/FvjWb+

About 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, and Plex Systems. NetSuite also offers Adaptive Planning as its NetSuite Financial Planning Module.

More than 2,800 companies in 85 countries use Adaptive Insights. These range from mid-sized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, 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.

Contact Information