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Appian Doubles Down on Market Expansion

TheMotleyFool

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Appian Doubles Down on Market ExpansionPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/3967c11c-b755-4d39-87d0-acc853384c80.png

Appian (NASDAQ: APPN) has long been a leader in low-code software for the enterprise market.

These are large customers, generally with over $1 billion, that can leverage Appian's premium low-code product suite. That strategy has delivered Appian steady growth over the years as the company posted 37% cloud subscription revenue growth in the first quarter, with overall revenue increasing 29% to $114.3 million.

With a shortage of programmers and demand for low-code solutions above capacity, Appian is taking a number of steps to expand the market for its low-code software to drive the company's long-term growth. Here are a few ways the company is making it easier to grow its business.

Source Fool.com

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