Appian: Automation And AI Tailwinds At A Reasonable Price

  • I see Appian as heavily undervalued, having missed out on the tech rally despite solid growth and improving margins—making it a compelling buy. Appian's automation software offers strong ROI, resonates in tough macro environments, and targets a broad user base beyond IT. Federal government contracts are growing rapidly, and Appian boasts a 99% gross renewal rate, underscoring customer stickiness and recurring revenue strength.