MOUNTAIN VIEW, CA--(Marketwire - Apr 1, 2013) - Adaptive Planning, the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes, today announced that its Adaptive Planning product was named a finalist in two categories for the 2013 SIIA Software CODiE Awards: Best Financial Management Solution and Best Cloud Application Service. The Best Financial Management Solution category recognizes the best software solution that automates business accounting and money management including accounts payable/receivable, general ledger, budgeting, resource allocation, and reporting. The Best Cloud Application Service category recognizes the best solution for creating, delivering, and/or managing services in a cloud computing environment, including virtualization, billing, dynamic provisioning, automatic deployment, load balancing and performance optimization. The SIIA CODiE Awards are the premier award for the software and information industries, and have been recognizing product excellence for 27 years. The awards have over 75 categories and are organized by industry focus of Content, Education and Software.
"We are honored by the scope of recognition we have received by the 2013 CODie Awards in two important categories. This builds upon our strong momentum of more than 15 industry and product awards since the beginning of last year, and is further evidence of our leadership in both the financial planning and the broad cloud-based business analytics market as a whole," said Greg Schneider, Vice President of Marketing for Adaptive Planning. "Adaptive Planning has experienced exceptional momentum over the past year as we continue to raise the bar in cloud-based CPM solutions with the fastest growth, highest customer satisfaction, and most customers and partners. Our addition of cloud-based business intelligence has expanded our product to satisfy an increasing need for enabling business leaders to easily create financial and operating plans, monitor performance in real-time, and report on and analyze results."
This year there were 27 software categories, including twelve new and updated categories that reflect the continued growth and evolution of cloud computing, mobile, big data, and video. Winners will be announced during a special Awards luncheon on May 9 in San Francisco during the industry's most comprehensive ISV conference, All About the Cloud.
"The CODiE Awards competition was extremely competitive this year, and all of the finalists should be commended for their innovative products and services," said Rhianna Collier, VP for the Software Division at SIIA. "We look forward to honoring the winners at our awards program in May at All About the Cloud."
SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 700 member companies worldwide that develop software and digital information content. Information technology (IT) and software security are critical issues to SIIA's members, many of whom strive to develop safe, secure and state-of the-art products that effectively serve their commercial and government customers alike, while protecting their intellectual property.
The SIIA Software Division provides a forum for companies developing the applications, services, infrastructure and tools that are driving the software and services industry forward. For further information, visit www.siia.net/software.
About Adaptive Planning
Adaptive Planning is the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Planning enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.
Adaptive Planning is used by over 1,500 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the 5th fastest growing software company in Silicon Valley on the Deloitte Technology Fast 500™ list; has the #1 brand in midmarket CPM; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 80 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, including Armanino McKenna, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Planning as the NetSuite Financial Planning module. Adaptive Planning is headquartered in Mountain View, Calif. and is funded by Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.