Anaplan (NYSE:PLAN)

In the past, planning at large companies relied heavily upon backward looking, disparate data sets, often siloed in ways that made them inaccessible to many decision makers. To change that, Anaplan’s created a unified, cloud-based software solution that can connect thousands of concurrent users to information instantly. By using artificial intelligence and machine learning, predictive tools can provide those in planning roles with immediate insight into how changing inputs will impact business performance, such as sales forecasts or budgets. Anaplan’s revenue grew 43% year-over-year to $240.6 million in fiscal 2019 and in fiscal 2020, revenue is expected to eclipse $310 million. A total addressable market over $20 billion annually and the fact it’s only working with about 250 of Fortune 2000 companies suggests it isn’t a stretch to think revenue will continue climbing.