Adaptive Live 2015, the annual user conference of Adaptive Insights, was held last week in San Jose, California and drew a record crowd of more than 1,200 attendees. This year, Carlson Management Consulting was a Gold Sponsor and brought eight members of our team to attend our booth and learn from the thought leadership and new product sessions. It was great meeting with many of our existing customers as well as new folks looking to gain even more value out of their Adaptive investments. Many thanks to the people who came by our booth to have a chat and especially those who took advantage of our free system assessments and product demos.
We also provided an early peek of the Carlson Productivity Suite, a cloud-based integration, query and analysis solution we developed that offers bi-directional connectors with leading ERP and accounting systems. It enables the sharing of data across Adaptive instances at extremely high speed; thus, increasing the performance for large Adaptive deployments. Many new features are forthcoming so keep a lookout out for upcoming announcements!
Ethan Carlson contributed to the Adaptive Live thought leadership agenda with his well-received presentation on Rethinking Performance Management. He discussed how performance management can be extended into other areas of the business by using non-financial drivers and making the connection between individual and team performance to compensation. He talked about how our customers have successfully aligned the budget with strategy and enhanced collaboration by speaking the language of budget holders. He also provided practical takeaways based on our experience gained from more than 150 Adaptive implementations that can result in both near and long-term wins for organizations of all sizes and industries. Check out the video of his presentation below:
The newest member of the Carlson team, Brian Teets, also had a high profile week at Adaptive Live. Brian comes to Carlson from Montclair State University where he was the budget systems manager and played a pivotal role in the University’s successful implementation of Adaptive Insights. Through his efforts and that of his team, they recorded a 211% ROI, a 7.2 month payback, and an average annual benefit of $114,665 through their use of Adaptive Insights. These impressive results were showcased during a keynote presentation when Brian joined the stage with Karen Pisha, Vice President of Customer Success at Adaptive Insights, to discuss the benefits and value that Adaptive has brought to Montclair State. Montclair State was also the recipient of the Adaptive Insights Torchie Award, which honors Adaptive customers for excellence across a number of key enterprise implementation and business categories. Brian and his team at Montclair State were awarded for the “Best Business Impact” category due to the financial impact that they were able to leverage within the University by moving to Adaptive Insights.
If that weren’t enough, Brian was also interviewed by Forbes magazine to discuss the financial benefits of switching to Adaptive. While the ROI is substantial, Brian was able to share his story of the end user and administrator experience which can be best summarized according to the article, “Actually, I recently had a chance to talk to some of Adaptive’s customers — like Gentiva, Montclair State and Blurb — and they all sang the company’s praises. The software is easy to implement and use. The ROI is off the charts. The need for training is much less compared to complex enterprise solutions.” Here's a link to the article.
We are excited to have Brian join the Carlson team and help other institutions of higher education achieve similar results. He is a key addition to our growing practice focused on higher education that includes customers such as Bentley University, Vassar College, Babson College, Pratt Institute, and many others.
We are already looking forward to next year’s Adaptive Live and will continue to build on our strong partnership with Adaptive as it continues its momentum as the #1 Cloud CPM solution in the market. Please contact us to help you with your corporate performance management needs.