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.

Cloud Infographic – The Future (IoT)

Cloud Infographic – The Future (IoT)

The Future (IoT) By the year 2020, it is being predicted that 40 to 80 billion connected devices will be in use. The Internet of Things or IoT will transform your business and home in many truly unbelievable ways. The types of products and services that we can expect to see in the next decade…

Cloud Infographic – Monetizing Internet Of Things

Cloud Infographic – Monetizing Internet Of Things

Cloud Infographic – Monetizing Internet Of Things There are many interesting ways in which companies are looking to connect devices to the cloud. From the vehicles to kitchen appliances the internet of things is already a $1.9 trillion dollar market based on research estimates from IDC. Included is a fascinating infographic provided by AriaSystems which shows us some…

Cloud Infographic – The Internet Of Things In 2020

Cloud Infographic – The Internet Of Things In 2020

The Internet Of Things In 2020 The growing interest in the Internet of Things is amongst us and there is much discussion. Attached is an archived but still relevant infographic by Intel which has produced a memorizing snapshot at how the number of connected devices have exploded since the birth of the Internet and PC.…

Cloud Infographic: Corporate IT Security Stats

Cloud Infographic: Corporate IT Security Stats

Cloud Infographic: Corporate IT Security Stats Each week on CloudTweaks we provide a few shoutouts to companies who provide engaging and interesting infographics that reflect our readers interests.  In this case, we have an excellent infographic provided by the team at arellia.com which takes a closer look at cyber-security and some of the biggest malware threats…

Cloud Infographic: Most Used Cloud Apps

Cloud Infographic: Most Used Cloud Apps

Cloud app and analytics company, Netskope released its quarterly Cloud Report. The new report reveals that enterprise employees are using an average of 397 different cloud apps (most of which are unsanctioned), when IT estimated they have 40-50 — that’s a tenfold underestimation. Below is an infographic provided courtesy of the group at Netskope which goes into further detail.…

CONNECT TO THE CLOUD

 

Cloud Logo Sponsors

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


Contributor Spotlight

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.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021

Branded Content Programs

Advertising