Raft Announces Strategic Partnership with Appian Corporation (APPN)

Appian Corporation (NASDAQ:APPN) is one of the 7 Best Stocks to Buy According to Abdiel Capital Advisors. On June 10, Raft, which is a leading defense tech company, announced a strategic partnership with Appian Corporation (NASDAQ:APPN), a leader in process orchestration. Together, both companies are delivering a contested logistics Cloud solution to the tactical edge in Indo-Pacific Command (INDOPACOM), which is a hotly contested global theater.

The partnership focuses on combining Raft’s real-time, edge-ready, autonomous data fusion with Appian Corporation (NASDAQ:APPN)’s secure, enterprise-grade process orchestration to cater to one of the military’s most urgent operational challenges, i.e., sustaining distributed forces throughout the vast Indo-Pacific. The Raft and Appian Corporation (NASDAQ:APPN) solution integrates fragmented supply chain and operational data into the unified ecosystem, resulting in faster, informed decision-making from the command center to the tactical edge.

In Q1 2025, Appian Corporation (NASDAQ:APPN) continued to demonstrate its earnings potential, with narrowing net losses, the 3^rd straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow. Appian Corporation (NASDAQ:APPN) rolled out a multi-tiered pricing model last year, enabling the company to monetize AI and other exclusive features. Since then, nearly half of its new logos have bought the AI-inclusive upper tiers.

While we acknowledge the potential of APPN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.