The Lighter Side Of The Cloud – Doomed
The Lighter Side Of The Cloud – Cloud Architecture
The Lighter Side Of The Cloud – Techwear
Cloud Startup In Focus – Anaplan

Cloud Startup In Focus – Anaplan

Cloud Startup In Focus – Anaplan

anaplanCloud Analytics is a hot space right now and there’s no second guessing about it. Driven by the demand for quick analytics for anyone and everyone, from C level executives down to a plant operator, startups are sprouting up and taking on the challenge to solve the equation of providing big data analytics for SMEs and enterprise companies alike. Anaplan is one such startup with solid technology and rapidly growing customer base. It provides modeling solutions for finance and operations, all served through the Cloud.

The industry has perfected the art of gathering data, huge amounts of it. This is what we often call “big data”. It may be temperature readings inside a manufacturing plant being streamed through a WSN (Wireless Sensor Network) onto a big data store or finance transactions of an organization or consumer product sales etc. With the humongous amounts of data being logged around the clock, what use would it be if we cannot model it and derive trends, patterns and insights? Unfortunately, the “processing” part of this equation has yet to catch up, despite a plethora of new and old companies offering big data modeling and analytic solutions.

anaplan-cloud

The big promise of Cloud based big data analytics is to enable decision makers to base their forecasts and decisions, albeit small, on real data being constantly streamed into companies own systems or on the internet. One such case, for example, is sentiment analysis on Twitter. There are companies which offer solutions to process tweets and determine user sentiment on a particular product, service or an event. Small and medium sized companies would find it hard to procure hardware and license software in order to log the twitter data and then perform analytics on it. Cloud analytics provides a viable alternative. It helps you log and process data and generate analytic reports without the need for any sort of hardware.

Anaplan is one such startup. It has recently closed its Series C with $30 million funding. The company promises to offer an “alternate to (Microsoft) Excel based analytics”. This promise comes with lightning fast multi-dimensional modeling engine powered by their patented Hyperblock technology which is a hybrid of relational, vertical and OLAP databases and a calculation engine. One user quotes processing 2.8 million transactional records under 2 seconds – on the Cloud.

Since the complete application resides on the Cloud, there’s no need for any dedicated hardware for the application to work. You can fire up the application inside your browser on a mobile platform. This thin deployment which they call “Zero Deployment” is what Cloud is all about. You no more need to license “boxes” along with the analytics solution although there’s still an aspect of vendor lock-in which needs to be addressed deeply. However, the solution comes with a data migration tool which enables data to be imported or exported in/out of popular platforms like Salesforce and SnapLogic etc.

Putting powerful and yet simple-to-use analytics into the hands of decision makers liberates them from the need to tie up IT and drives better decisions based on real data. Anaplan and startups like this are making a headway into this territory.

By Salman UI Haq

Are you a unique young cloud startup looking for coverage? Contact us and tell us why you believe you are the next rising star! 

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Sorry, comments are closed for this post.

Popular Archives

5 Ways CIOs Can Tackle Cloud Fears

5 Ways CIOs Can Tackle Cloud Fears

5 Ways CIOs Can Tackle Cloud Fears  CIOs are tired of hearing about cloud computing concerns. They’ve spent years reading about how cloud resources are subject to risks, and wonder – what can they do to help people trust the cloud?  The truth is that despite being a hot issue for years, the topic of…

Cloud Infographic: 2015 Data Scientist

Cloud Infographic: 2015 Data Scientist

Data Scientist Report The amount of data in our world has been exploding in recent years. Managing big data has become an integral part of many businesses, generating billions of dollars of competitive innovations, productivity and job growth. Forecasting where the big data industry is going has become vital to corporate strategy. Enter the Data…

4 Different Types of Attacks – Understanding the “Insider Threat”

4 Different Types of Attacks – Understanding the “Insider Threat”

Understanding the “Insider Threat”  The revelations that last month’s Sony hack was likely caused by a disgruntled former employee have put a renewed spotlight on the insider threat. The insider threat first received attention after Edward Snowden began to release all sorts of confidential information regarding national security. While many called him a hero, what…

The Cloud Above Our Home

The Cloud Above Our Home

Our Home – Moving All Things Into The Cloud The promise of a smart home had excited the imagination of the movie makers long ago. If you have seen any TV shows in the nineties or before, the interpretation presented itself to us as a computerized personal assistant or a robot housekeeper. It was smart,…

The Industries That The Cloud Will Change The Most

The Industries That The Cloud Will Change The Most

The Industries That The Cloud Will Change The Most Cloud computing is rapidly revolutionizing the way we do business. Instead of being a blurry buzzword, it has become a facet of everyday life. Most people may not quite understand how the cloud works, but electricity is quite difficult to fathom as well. Anyway, regardless of…

Recent

Considerations For Your Business’ Cloud Computing Plans

Considerations For Your Business’ Cloud Computing Plans

Your Business’ Cloud Computing Plans While you can easily access your cloud data from any spot in the world, you must be rather cautious when using it within your business. You must keep your access plans for your cloud network in check so you will not be at risk of having your data becoming compromised…

Gartner: CEOs Realize The Cloud Is Where New Disruptive Industry Platforms Get Created

Gartner: CEOs Realize The Cloud Is Where New Disruptive Industry Platforms Get Created

Gartner CEO and Senior Business Executive Survey Survey Points to Positive Business Conditions and Accelerating Technology Innovation in 2015 STAMFORD, Conn., April 21, 2015 — Most CEOs expect positive business conditions and accelerating technology innovation in 2015, according to a recent survey by Gartner, Inc. The 2015 Gartner CEO and senior business executive survey found…

The Importance Of Cloud Security For Wearable Technology

The Importance Of Cloud Security For Wearable Technology

Wearable Technology Starts With Cloud Security The integration of wearable technology into our society is all but inevitable. Today, major players in the wearable tech field include Google, Fitbit, Boston Scientific and Apple. As users continue to demand ever increasing availability and functionality from their devices, so do security concerns for wearable tech. The future…

Contact Us

Sending

Technology Sponsors

hp Logo CityCloud-PoweredByOpenstack-Bluesquare_logo_100x100-01
cisco_logo_100x100 vmware citrix100
Site 24x7 200px-KPMG

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Branded Content Programs

Advertising