Adaptive Planning Achieves Top Ranking at SourceForge.Performance Management Vendor's Rapid Ascent Demonstrates Skyrocketing Interest in Open Source Enterprise Applications MOUNTAIN VIEW, Calif. -- Adaptive Planning, the leader in collaborative business performance management (BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically ) solutions and the world's first open source BPM provider, today announced that its open source application, Adaptive Planning Express Edition, has quickly generated significant interest and activity at SourceForge, climbing to a leading position in key SourceForge categories. Launched less than two months ago, the application has already generated over 2,000 downloads from 47 countries, becoming one of the highest-ranked projects in multiple SourceForge categories. Adaptive Planning Express Edition is the top-ranked project in the Spreadsheets category, and is among the top 5 projects in OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. , top 20 in Accounting, and top 40 in both Finance and Enterprise. "We are extremely pleased with the community's initial response to Adaptive Planning's open source application," said William A. Soward, chief executive officer, Adaptive Planning. "This interest demonstrates the maturation maturation /mat·u·ra·tion/ (mach-u-ra´shun) 1. the process of becoming mature. 2. attainment of emotional and intellectual maturity. 3. of the space, as companies leverage open source not only for infrastructure projects, but also for business solutions. These results also confirm Adaptive Planning's position as one of the pre-eminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae companies developing and distributing open source enterprise applications." "The availability of open source business intelligence and BPM solutions has the potential to transform the market," said Craig Schiff, chief executive officer, BPM Partners. "Low cost open source alternatives can provide new value for businessesCoespecially those midsized companies that have been underserved and still rely upon spreadsheets for BPM. We are impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with Adaptive Planning's traction Traction Definition Traction is the use of a pulling force to treat muscle and skeleton disorders. Purpose Traction is usually applied to the arms and legs, the neck, the backbone, or the pelvis. , and look forward to continued innovation within the market." Adaptive Planning Express Edition delivers a full set of capabilities for collaborative budgeting, reporting and analysis. Designed for business users in Finance and other departments, the application provides a simple, "one-click"approach to download and installation. It can be installed for individual use, as well as configured con·fig·ure tr.v. con·fig·ured, con·fig·ur·ing, con·fig·ures To design, arrange, set up, or shape with a view to specific applications or uses: to provide web-based support for departmental teams or entire companies. Adaptive Planning Express Edition is available free of charge when downloaded from www.SourceForge.net/projects/Adaptiveplan. In addition to the open source Express Edition, Adaptive Planning also offers two commercial solutions: Corporate Edition and Enterprise Edition. These editions, which provide broader feature sets for budgeting, forecasting, reporting and analysis, as well as enhanced support and indemnification Indemnification Used in insurance policy agreements as to compensation for damage or loss. In the context of corporate governance, Director Indemnification uses the bylaws and/or charter to indemnify officers and directors from certain legal expenses and judgements resulting from , can be deployed both on-demand and on-premises. They are available for an affordable annual subscription fee. About Adaptive Planning Adaptive Planning is the leading provider of collaborative performance management solutions. Adaptive Planning makes it easy for mid-size companies and departments of larger corporations to improve performance by moving beyond spreadsheets to automate To turn a set of manual steps into an operation that goes by itself. See automation. budgeting, forecasting, reporting and analysis. Adaptive Planning provides extraordinary flexibility and value, with on-demand and on-premises solutions, open source and commercial licensing terms, and pricingCoincluding a free version of the productCothat deliver a total cost of ownership that is a fraction of the cost of traditional BPM and business intelligence software. Adaptive Planning is headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. and can be reached at 650-528-7500 or www.adaptiveplanning.com. |
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