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Adaptive Insights Founder and President Rob Hull Is Semi-Finalist in Ernst & Young's Entrepreneur Of The Year(TM) 2014 Award

PALO ALTO, CA -- (Marketwired) -- 04/28/14 -- Ernst & Young (EY) today announced that Adaptive Insights Founder and President Rob Hull is a semi-finalist for the EY Entrepreneur Of The Year™ 2014 Award in the Northern California region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in areas including innovation, financial performance and personal commitment to their businesses and communities. Hull was selected as a semi-finalist from more than 100 nominations by a panel of independent judges.

"I'm thrilled to be recognized alongside some of the most innovative and successful business leaders in the world," Hull said. "Entrepreneurs are measured by the success of their businesses, which is why this acknowledgement by EY is as much a reflection of the momentum and success of Adaptive Insights as anything else. Our 50+ percent year-over-year growth, top customer satisfaction ratings, and increasing number of international enterprise customers all prove that Adaptive Insights is the clear leader in the global Business Intelligence & Corporate Performance Management market. We listen to our customers, and we will continue to innovative and develop our cloud suite to meet their needs."

Within the last year and a half Adaptive has introduced its Adaptive Discovery and Adaptive Consolidation products to the market, creating the only fully-integrated, cloud-based business intelligence and performance management suite. More than 2,000 customers in 85-plus countries worldwide are using Adaptive to make more strategic decisions to accelerate growth and drive success -- 5 times more customers than all other cloud CPM providers combined.

Now in its 28th year, the EY program has expanded to recognize business leaders in more than 150 cities and in more than 60 countries worldwide.

Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year national program. Winners for the Northern California region will be announced at a special gala event on June 10 at the Fairmont in San Jose. Award winners in several national categories, as well as the EY Entrepreneur Of The Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs in November. The awards are the culminating event of the EY Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies.

Sponsors
Founded and produced by EY, the Entrepreneur Of The Year Award is nationally sponsored by SAP America and the Ewing Marion Kauffman Foundation.

In Northern California, sponsors include King & Spalding, RoseRyan, Scherzer International, SmartBusiness, SolomonEdwards, and The Big Picture.

About Adaptive Insights
Adaptive Insights is the worldwide leader in cloud-based business analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Insights enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Insights is used by over 1,900 organizations worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Vail Resorts. The company is the #1 fastest growing cloud business analytics and CPM software company on the Deloitte Technology Fast 500™ list; and ranks #1 in customer satisfaction in independent industry surveys. With customers and partners in 85 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers a specialized version of Adaptive Insights as the NetSuite Financial Planning Module. Adaptive Insights is headquartered in Palo Alto, Calif. and is funded by Bessemer Venture Partners (BVP), Norwest Venture Partners (NVP), Royal Bank of Canada (RBC), ONSET Ventures, Monitor Ventures, and Cardinal Venture Capital.

About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year™ is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 150 cities in more than 60 countries.

About EY's Strategic Growth Markets practice
EY's Strategic Growth Markets (SGM) practices guide leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

Contact:
Gina Giachetti
Highwire PR
415-963-4174 ext. 17
[email protected]

Derek Kober
Adaptive Insights
650-810-2486
[email protected]

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