Performance Management Vendorâ€™s Rapid Ascent Demonstrates Skyrocketing Interest in Open Source Enterprise Applications
Adaptive Planning, the leader in collaborative business performance management (BPM) solutions and the worldâ€™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, top 20 in Accounting, and top 40 in both Finance and Enterprise.
â€œWe are extremely pleased with the communityâ€™s initial response to Adaptive Planningâ€™s open source application,â€ said William A. Soward, chief executive officer, Adaptive Planning. â€œThis interest demonstrates the maturation of the space, as companies leverage open source not only for infrastructure projects, but also for business solutions. These results also confirm Adaptive Planningâ€™s position as one of the pre-eminent companies developing and distributing open source enterprise applications.â€
â€œThe availability of open source business intelligence and BPM solutions has the potential to transform the market,â€ said Craig Schiff, chief executive officer, BPM Partners. â€œLow cost open source alternatives can provide new value for businessesâ€”especially those midsized companies that have been underserved and still rely upon spreadsheets for BPM. We are impressed with Adaptive Planningâ€™s traction, and look forward to continued innovation within the market.â€
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, â€œone-clickâ€approach to download and installation. It can be installed for individual use, as well as configured 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, can be deployed both on-demand and on-premises. They are available for an affordable annual subscription fee.