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Anaplan

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About Anaplan

Recent History
In the past 24 months, Anaplan has undergone significant transformations, starting with its acquisition by private equity firm Thoma Bravo in June 2022, which took the company private in a $10.4 billion deal, allowing for more focused long-term investments away from public market pressures. Following this, in December 2022, Charlie Gottdiener was appointed as the new CEO, bringing his experience from CA Technologies to steer the company toward enhanced innovation and customer-centric growth. A major development came in 2023 when Anaplan expanded its platform with advanced AI capabilities, including predictive forecasting tools that integrate machine learning for better decision-making. Most recently, in early 2024, the company announced partnerships with firms like Deloitte to enhance its connected planning solutions, as highlighted in Anaplan's press release, aiming to drive adoption in supply chain and finance sectors. These events have positioned Anaplan for accelerated product development and market expansion amid a competitive enterprise software landscape.
Introduction
Anaplan is a San Francisco-based software company founded in 2006 that specializes in cloud-based connected planning platforms, enabling organizations to align finance, sales, supply chain, and HR functions through real-time data modeling. Currently positioned as a leader in enterprise performance management, Anaplan serves over 2,000 customers worldwide, including Fortune 500 companies like Coca-Cola and VMware, by offering scalable solutions that replace outdated spreadsheets with dynamic, collaborative tools. The company's platform emphasizes flexibility, allowing users to build custom models without heavy IT involvement, which has contributed to its recognition in Gartner's Magic Quadrant for Cloud Financial Planning and Analysis Solutions. After going private, Anaplan has focused on deepening its AI integrations to stay ahead in the evolving business intelligence market. This positioning appeals to young professionals seeking roles in innovative tech environments where they can contribute to cutting-edge planning technologies.
Tech department
Anaplan's tech department boasts key competitive advantages through its proprietary Hyperblock technology, which enables in-memory data processing for real-time scenario modeling, setting it apart from competitors with slower, database-reliant systems. The company heavily invests in software and IT applications focused on cloud-native architecture, integrating AI-driven analytics and machine learning for predictive insights, as seen in their Anaplan AI suite. Its industry, enterprise planning software, is well-positioned for innovation due to the growing demand for agile, data-centric tools amid digital transformation trends. Anaplan maintains an average to above-average reputation in the industry for career development, offering robust training programs and mentorship, with salaries for software engineers typically ranging from $120,000 to $160,000 base pay according to Levels.fyi data. Young professionals in tech roles often praise the collaborative culture and opportunities for cross-functional projects, though some note the fast-paced environment can be demanding.
The business side
Anaplan faces main challenges such as intense competition from established players like Oracle NetSuite and SAP Analytics Cloud, which offer broader ERP integrations that Anaplan sometimes struggles to match without partnerships. Opportunities lie in expanding AI and machine learning features to capture the growing market for automated planning, potentially increasing its customer base in emerging sectors like retail and healthcare. Threats include economic slowdowns that could reduce enterprise software spending, as evidenced by broader industry trends in Forrester's 2023 report, and the risk of data privacy regulations impacting cloud adoption. Additionally, as a private company, Anaplan must navigate limited access to public capital, which could hinder rapid scaling compared to publicly traded rivals. Overall, these factors create a dynamic environment where strategic acquisitions and innovation will be key to overcoming limitations.
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Anaplan

No ratings yet
0 reviews
Recent History
In the past 24 months, Anaplan has undergone significant transformations, starting with its acquisition by private equity firm Thoma Bravo in June 2022, which took the company private in a $10.4 billion deal, allowing for more focused long-term investments away from public market pressures. Following this, in December 2022, Charlie Gottdiener was appointed as the new CEO, bringing his experience from CA Technologies to steer the company toward enhanced innovation and customer-centric growth. A major development came in 2023 when Anaplan expanded its platform with advanced AI capabilities, including predictive forecasting tools that integrate machine learning for better decision-making. Most recently, in early 2024, the company announced partnerships with firms like Deloitte to enhance its connected planning solutions, as highlighted in Anaplan's press release, aiming to drive adoption in supply chain and finance sectors. These events have positioned Anaplan for accelerated product development and market expansion amid a competitive enterprise software landscape.
Introduction
Anaplan is a San Francisco-based software company founded in 2006 that specializes in cloud-based connected planning platforms, enabling organizations to align finance, sales, supply chain, and HR functions through real-time data modeling. Currently positioned as a leader in enterprise performance management, Anaplan serves over 2,000 customers worldwide, including Fortune 500 companies like Coca-Cola and VMware, by offering scalable solutions that replace outdated spreadsheets with dynamic, collaborative tools. The company's platform emphasizes flexibility, allowing users to build custom models without heavy IT involvement, which has contributed to its recognition in Gartner's Magic Quadrant for Cloud Financial Planning and Analysis Solutions. After going private, Anaplan has focused on deepening its AI integrations to stay ahead in the evolving business intelligence market. This positioning appeals to young professionals seeking roles in innovative tech environments where they can contribute to cutting-edge planning technologies.
Tech department
Anaplan's tech department boasts key competitive advantages through its proprietary Hyperblock technology, which enables in-memory data processing for real-time scenario modeling, setting it apart from competitors with slower, database-reliant systems. The company heavily invests in software and IT applications focused on cloud-native architecture, integrating AI-driven analytics and machine learning for predictive insights, as seen in their Anaplan AI suite. Its industry, enterprise planning software, is well-positioned for innovation due to the growing demand for agile, data-centric tools amid digital transformation trends. Anaplan maintains an average to above-average reputation in the industry for career development, offering robust training programs and mentorship, with salaries for software engineers typically ranging from $120,000 to $160,000 base pay according to Levels.fyi data. Young professionals in tech roles often praise the collaborative culture and opportunities for cross-functional projects, though some note the fast-paced environment can be demanding.
The business side
Anaplan faces main challenges such as intense competition from established players like Oracle NetSuite and SAP Analytics Cloud, which offer broader ERP integrations that Anaplan sometimes struggles to match without partnerships. Opportunities lie in expanding AI and machine learning features to capture the growing market for automated planning, potentially increasing its customer base in emerging sectors like retail and healthcare. Threats include economic slowdowns that could reduce enterprise software spending, as evidenced by broader industry trends in Forrester's 2023 report, and the risk of data privacy regulations impacting cloud adoption. Additionally, as a private company, Anaplan must navigate limited access to public capital, which could hinder rapid scaling compared to publicly traded rivals. Overall, these factors create a dynamic environment where strategic acquisitions and innovation will be key to overcoming limitations.