ANAPLAN, INC.

(PLAN)
Delayed Nyse  -  04:00 2022-06-21 pm EDT
63.73 USD   +0.58%
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Software & Services Select Industry Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Global BMI Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P TMI Index
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Anaplan : Meister selects Anaplan to connect its annual planning processes and improve company-wide collaboration

04/28/2022 | 11:22pm EDT

Meister, a leading SaaS company based in Vienna, Munich and Seattle, produces well-designed, team-focused and user-friendly software designed to improve collaborative processes and increase efficiency for teams. Meister currently offers three main products: MindMeister, MeisterTask and MeisterNote, a suite that provides end-to-end workflow management for teams through collaborative mind mapping, task management and documentation respectively. In summer 2021, the company raised $52 million in venture capital, an investment package that has provided the impetus for an ambitious global expansion. Despite this dramatic increase in available resources, Meister has reiterated its commitment to sustainability and scalability throughout the expansion process.

Meister's strategy to become a dominant player in the crowded global market for digital collaboration tools is based on data-driven decision making. In this context, the company's historic ecosystem of isolated spreadsheets and planning processes was no longer deemed sufficient for the task at hand. Specifically, Meister had used Google Sheets for its planning and budgeting. Yet, due to the manual efforts involved, operational bottlenecks blocked any detailed analyses needed to support decision-making processes. Likewise, as part of Meister's data infrastructure improvement goals, a platform that integrates natively with BigQuery Data Warehouse (which connects data from ERP and CRM systems) was required.

Using the Anaplan platform, Meister will be able to connect its annual planning processes and improve collaboration between its sales, marketing, HR, product, finance and partner departments. In addition, Meister will use Anaplan's platform to better understand the behavior of its customers, as they will be able to run detailed cohort analyses and include territory and quota planning for their growing sales operation.

Patrick Prokesch, Chief Commercial Officer at Meister, notes: "We are transforming Meister into a truly data-driven company. This strategic vision, alongside our goal of quantifying our growth targets, means that manual work processes with Google Sheets are no longer suitable. Instead, we have decided to create a scalable infrastructure across all parts of our organization. Anaplan Cloudworks enables us to connect data from our Data Warehouse, then to plan and make effective decisions in real-time. It represents an opportunity to bring our organization to the next level while supporting collaborative business planning. These aspects excite us the most about our new approach to Financial Planning, supported by Anaplan."

To learn more about the many ways Anaplan helps businesses to scale rapidly through effective planning, visit https://www.anaplan.com/customers.

Media Contact:

Anthony Harrison

[email protected]

Disclaimer

Anaplan Inc. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2022 03:21:05 UTC.


© Publicnow 2022
All news about ANAPLAN, INC.
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Software & Services Select Industry Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P Global BMI Index
CI
06/24ANAPLAN, INC.(NYSE : PLAN) dropped from S&P TMI Index
CI
06/22ANAPLAN, INC. : Completion of Acquisition or Disposition of Assets, Notice of Delisting or..
AQ
06/22ANAPLAN, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
06/22Thoma Bravo, L.P. completed the acquisition of Anaplan, Inc. from The Vanguard Group, I..
CI
06/20ANAPLAN, INC.(NYSE : PLAN) dropped from NASDAQ Internet Index
CI
06/15ANAPLAN, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibi..
AQ
06/15INSIDER SELL : Anaplan
MT
06/13BMO Capital Adjusts Anaplan's Price Target to $63.75 from $66, Keeps Market Perform Rat..
MT
More news
Analyst Recommendations on ANAPLAN, INC.
More recommendations
Financials (USD)
Sales 2023 746 M - -
Net income 2023 -211 M - -
Net cash 2023 248 M - -
P/E ratio 2023 -42,2x
Yield 2023 -
Capitalization 9 593 M 9 593 M -
EV / Sales 2023 12,5x
EV / Sales 2024 10,1x
Nbr of Employees 2 200
Free-Float 97,4%
Chart ANAPLAN, INC.
Duration : Period :
Anaplan, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANAPLAN, INC.
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Managers and Directors
J. Charles Goodman Chairman & Chief Executive Officer
Frank A. Calderoni Director & Director
Vikas Mehta Director, Chief Executive & Accounting Officer
Sesh Tirumala Chief Information Officer
Vikram Khosla Investor Relations Contact
Sector and Competitors
1st jan.Capi. (M$)
ANAPLAN, INC.39.00%9 593
SALESFORCE.COM, INC.-26.84%184 990
CLOUDFLARE, INC.-60.58%16 912
DYNATRACE, INC.-26.96%12 644
KINGDEE INTERNATIONAL SOFTWARE GROUP COMPANY LIMITED-22.33%8 251
QUALYS, INC.-0.51%5 302