Lana Labs acquisition
positions Appian to take customers from knowing to doing with the
world's most complete Low-Code Automation Suite
MCLEAN, Va., Aug. 5, 2021 /PRNewswire/
-- Appian (NASDAQ: APPN) today announced the acquisition
of Lana Labs, developer of the LANA
Process Mining Platform. Lana is recognized for its expertise in
complex enterprise processes, powerful AI- and machine
learning-driven process analysis, easy data integration, and
ease-of-use. Lana customers spend less time consolidating data and
more time discovering process inefficiencies.
With the addition of native process mining, Appian can now
deliver the world's most complete Low-Code Automation Suite. The
LANA platform has a leading proprietary machine learning algorithm
that automates analysis of the most complex business workflows,
making companies smarter and more efficient. Appian is a leader in
low-code process modeling and automation. The insights gained from
process analysis can be used to deploy mission-critical
applications with the Appian platform. The result can be actionable
and continuous process optimization with people, systems, and data
unified in the same workflow.
"Digital transformation and the ability to adapt quickly are
critical in today's business environment," said Markus Rolle, CFO of Telefonica Germany. "Today
we work with Lana to identify inefficient processes and separately
with Appian to automate our workflows. We're really excited to see
them come together to take us from insight to action even
faster."
Appian chose Lana Labs because of
the shared virtues between the organizations and products. The LANA
platform is recognized as a major contender in the process mining
industry by Everest Group. Lana's AI-supported analysis of complex
business and production processes aligns with the focus Appian
brings to simplifying organizations' most important workflows. Like
the Appian low-code architecture, the LANA platform's product
architecture is modern, container-based, and portable between AWS
Cloud and customer managed environments. Both companies are
committed to:
- Expertise in complex processes. Combining Lana process
mining with Appian will enable rapid automation of analysis
insights for an organization's most complex business
workflows.
- Flexibility and scalability. Future-proof architectures
based on the latest technology, the most advanced algorithms, and
the high extensibility.
- Ease-of-use for non-technical users. Extreme ease-of-use
and pre-built data transformation puts powerful automation in the
hands of business users.
- Happy customers. Lana
Labs shares the same commitment as Appian to delivering
customer value. Appian is Global Enterprise Customer's Choice for
Enterprise Low-Code Application Platforms, and the LANA platform is
loved by customers around the world.
"Lana emerged rapidly as a process mining leader based on our
dual-commitment to industry innovation and delivering customer
value," said Dan Wucherpfennig, CEO
of Lana Labs. "This is how Appian
built its industry leadership and we are excited for our future
together."
Appian CEO Matt Calkins said,
"There is natural synergy between process mining, process modeling,
and automation. We believe that our acquisition of Lana Labs means that only Appian will be able to
take customers from knowing to doing, in a unified suite."
For more insight regarding today's announcement see our
blog.
To experience the Appian Low-Code Automation Suite for yourself,
get your free Appian Community Edition environment.
Forward-Looking Statements
This press release
includes forward-looking statements related to Appian, Lana Labs, and the acquisition of Lana Labs and its LANA Process Mining Platform
by Appian that involves substantial risks, uncertainties and
assumptions that could cause actual results to differ materially
from those expressed or implied by such statements. All statements
contained in this press release other than statements of historical
facts, including statements regarding the potential benefits of the
acquisition, the integration of Appian and Lana Labs, Appian's plans, objectives,
expectations and intentions, and the business of Appian, are
forward-looking statements. The words "anticipate," "believe,"
"continue," "estimate," "expect," "intend," "may," "will" and
similar expressions are intended to identify forward-looking
statements. Appian has based these forward-looking statements
largely on its current expectations and projections about future
events and financial trends that Appian believes may affect its
financial condition, results of operations, business strategy,
short-term and long-term business operations and objectives and
financial needs. Those forward-looking statements are subject to a
number of risks and uncertainties, including, without limitation,
the risks and uncertainties set forth in the "Risk Factors" section
of Appian's Annual Report on Form 10-K for the year ended
December 31, 2020, filed with the
Securities and Exchange Commission on February 18, 2021, and subsequent reports that
Appian files with the Securities and Exchange Commission. Moreover,
Appian operates in a very competitive and rapidly changing
environment. New risks emerge from time to time. It is not possible
for Appian's management to predict all risks, nor can Appian assess
the impact of all factors on its business or the extent to which
any factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements Appian may make. In light of these risks, uncertainties
and assumptions, Appian cannot guarantee the successful integration
of Lana Labs with Appian, future
results, levels of activity, performance, achievements or events
and circumstances reflected in the forward-looking statements will
occur. Appian is under no duty to update any of these
forward-looking statements after the date of this press release to
conform these statements to actual results or revised expectations,
except as required by law.
About Appian
Appian helps organizations build apps and
workflows rapidly, with a low-code automation platform. Combining
people, technologies, and data in a single workflow, Appian can
help companies maximize their resources and improve business
results. Many of the world's largest organizations use Appian
applications to improve customer experience, achieve operational
excellence, and simplify global risk management and compliance. To
learn more, visit appian.com.
Photo -
https://mma.prnewswire.com/media/1588232/CompleteAutomationImage_Appian.jpg
Logo -
https://mma.prnewswire.com/media/1488235/Appian_Logo.jpg