Adaptive Planning debuts open-source business tools

The start-up adds an open-source "Express" version to complement its high-end commercial tools.

Martin LaMonica
Martin LaMonica Former Staff writer, CNET News
Martin LaMonica is a senior writer covering green tech and cutting-edge technologies. He joined CNET in 2002 to cover enterprise IT and Web development and was previously executive editor of IT publication InfoWorld.
Adaptive Planning on Tuesday introduced an open-source product for budgeting and financial planning to complement its high-end, closed-source offerings.

The company released Adaptive Planning Express Edition and said the source code will be hosted on the SourceForge Web site. The freely available product provides basic "business process performance" capabilities, including collaborative reporting, budgeting and analysis, which it presents in a spreadsheet user interface. The company continues to have two higher-end tools that are sold with a commercial license.