Planview Continues Acceleration with Record Revenue in FY22

Austin, TX–(business wire)–Planview, the leading platform for connected work from portfolio planning to delivery, today announced record annual recurring revenue (ARR) for fiscal 2022. Planview’s 2022 Total Recurring Revenue is over $380 million, representing 17% year-over-year (YoY) growth.

Razat Gaurav, Chief Executive Officer of Planview, said: “The macroeconomic uncertainty and headwinds facing organizations today make it more important than ever to prioritize product and project initiatives and allocate limited resources and capital prudently. Our global customer base depends on our solutions to achieve productivity, efficiency and positive business outcomes from enterprise-wide transformation initiatives.”

End of year highlights

Planview achieves record levels for full year 2022.

• Total revenue for the full year exceeded $410 million

• ARR increased more than 17% year-over-year to exceed $380 million

• 25% year-over-year growth in monthly active users for flagship products

• Customer retention rate up 6% YoY

Customer momentum with new logo and product innovation

The acquisition and expansion of key customers drove Planview’s profitable growth. In 2022, the company added 482 net new customers. New and established customers who have selected or expanded their footprint with Planview include Builders FirstSource, Inc., Delta Dental of California, DS Smith, Fonterra, General Motors, Maximus, Inc., Olam International Limited, Publicis, RxBenefits and Schluter. , Siemens, Sysco Corporation, T-Mobile, The Emmes Company, LLC, Tetra Pak, and UiPath.

This growth was fueled by the success of Planview’s Connected Solutions Platform. It helps organizations accelerate time to value, do more with assigned teams and resources, and de-risk strategic investment decisions. His Planview innovations over the past year continued to drive desirable business outcomes for customers. Enhancements include:

• Extends Objective and Key Results (OKR) functionality to enable access to an enterprise-wide embedded objective framework.

• Introduce time-to-market dependency and outlier analysis to help organizations focus investments and resources where they are most needed.

• Extend visual planning and prioritization support and card automation capabilities to centrally define planning and delivery increments and streamline productivity across multiple teams

• Enhanced UX/UI functions

In addition, the strategic acquisitions of Tasktop and Enrich in the first half of 2022 accelerated Planview’s data science, planning, connectivity and transformation offerings. Added last year through Tasktop acquisition, Value Stream Management solutions enable organizations to accelerate time to market, improve operational efficiency and increase investment confidence in the face of economic turmoil and volatility to

Leading industry analyst firms named Planview a leader in several key reports last year, including Strategic Portfolio Management (SPM), Enterprise Agile Planning (EAP), Project and Portfolio Management (PPM) and Value Stream Management (VSM). strengthened Planview’s leadership in The report includes:

• The Forrester Wave™: Strategic Portfolio Management Tools (Margo Visitacion, Chris Gardner, Stephen Lowers, Sarah Morana, Sara Sjoblom, Danielle Jessee, Kara, and Hartig, Q1 2022)

• Gartner, Magic Quadrant for Strategic Portfolio Management, Anthony Henderson and Daniel Stang, 18 April 2022

• Gartner, Magic Quadrant for Enterprise Agile Planning Tools, Bill Blosen, Mike West, Keith Mann, Deacon DK Wan, Akis Sklavounakis, Hassan Ennaciri, Sarah Davies, 25 Apr 2022

• Gartner, Lorri Callahan, Sarah Davies, Daniel Stang, Anthony Henderson Magic Quadrant for Adaptive Project Management and Reporting, 22 August 2022

• The Forrester Wave™: Value Stream Management with Chris Condo, Q4 2022

Investing in Customer Success

Training and learning has been an area of ​​strategic focus and investment to support the continued success of our customers. The company expanded its global learning team dedicated to driving Planview instructor-led training programs, developing new and engaging e-learning services, and implementing its flagship learning management system, The University of Planview. The company also expanded Evolve Advisory Services to support clients in managing personnel and process changes required as part of their business transformation.

In order to rapidly deliver successful solutions to customers around the world, Planview has also expanded its partner ecosystem. This includes new or expanded strategic relationships with Accenture, Atos, AWS, Deloitte, Infosys, PwC and others.

Planview Expands to Support Global Customer Base

Providing additional support to its more global customer base, Planview has hired strategic talent across product development, customer success, sales, and marketing functions. To expand its global operations, Planview opened a new regional office in Singapore, invested heavily in expanding its Global Capacity & Innovation Center in Bangalore, and increased its headcount in APAC by 65%. rice field.

For more information on Planview, please visit www.planview.com.

About plan view

Planview has one mission: to build the future of connected work, from idea to impact. Planview helps organizations achieve what matters most, from need to speed, passion to progress, overhead to optimization. Our Connected Solutions Platform powers the business and digital transformation of more than 4,500 of his customers worldwide, including his 59 Fortune 100 companies. Planview enables companies to improve time to market and predictability, increase efficiency and free up capacity to secure their most strategic initiatives. Deliver desired business outcomes. Learn more about our portfolio at planview.com and follow us on LinkedIn and twitter.