Horses for courses

April 29, 2014

The social media channels are buzzing today with chatter about Tibco’s acquisition of Jaspersoft.  As fellow players in the spheres of commercial open source and business analytics, industry watchers are naturally speculating on Pentaho as well so I thought I’d take this opportunity to share how our business strategy differs to Jaspersoft’s.

When explaining our commitment to open standards, we tell our customers that one size IT strategy does not fit all – rather, it’s ‘horses for courses’. Business strategies follow this principle as well and ours is very different from Jaspersoft’s.

Our strategic paths started to diverge four years ago when we started building on our open source heritage to focus on big data and advanced analytics capabilities for technologies like Hadoop and NoSQL, and more recently YARN and Storm.

Hell bent on solving big and diverse data challenges with a full data integration and analytics platform, last year we introduced ground-breaking technology like our Adaptive Big Data Layer, which protects enterprises against the risks inherent in a disruptive big data market. Today we have the most comprehensive big data integration capabilities currently on the market.

As a result, Pentaho has seen enormous growth in big data and embedded analytics, with more than 83% growth in these segments.  And, significantly, our big data analytics platform has driven a huge increase in large enterprise clients, growing at over 200% from the prior year and now representing 26% of our business.

Jaspersoft took a different route, opting to provide low-cost open source alternatives to traditional BI and reporting, particularly to the SMB market. Larry Dignan for Between the Lines, ZDNet comments, “With Jaspersoft, Tibco can offer low-priced subscriptions and later upsell to its other applications.”

Although our total cost of ownership is highly attractive to mid-market and enterprise buyers alike, we’re not aiming to be the cheapest.  We continue to innovate with R&D so we can continue to break new ground in big data and embedded analytics.

“The TIBCO acquisition of Jaspersoft is additional validation that the business analytics market is continuing to bifurcate — with more traditional departmental BI on the one hand, and big-data analytics on the other. TIBCO has added a low-cost open source reporting capability to its portfolio to address the SMB BI market, a market we view as continuing to commoditize.” 

“Four years ago, we saw the big data market opportunity. While Jaspersoft turned right, we turned left towards big data analytics and the associated new projects funded in large enterprises,” Gallivan continued. “The Pentaho platform is in the pole position to integrate and blend diverse big data sets together to deliver end-to-end big data analytics solutions to large enterprises – a platform that experienced 83% year-over-year growth in big data and embedded analytics in 2013 alone,” said Quentin Gallivan, Chairman and CEO of Pentaho.

Pentaho continues to stay focused on our course of big data integration and analytics platform solving for the future of analytics. I encourage you to explore how we are doing this by exploring our Big Data Blueprints or Visualization gallery.

Rosanne Saccone
CMO
Pentaho


Is Sage Kotsenburg a Big Data Analyst?

February 13, 2014

I was pleased to be part of a panel discussion Tuesday called “Getting There from Here: Moving Data Science into the Boardroom,” moderated by Alistair Croll with colleagues Chris Selland of HP Vertica and Scott Chastain of SAS Institute.  This panel was part of O’Reilly’s Strata Conference Data-Driven Business Day.

It’s amazing to see how the Strata Conference has changed over the last couple of years. With big data becoming truly operational across many different industries, companies are now looking at how to manage, blend and analyze data to make profitable business decisions and fly past competitors.

One interesting topic we debated was whether being able to process, analyze and predict outcomes with all this data might drive conformity and ‘dull’ innovation. Will we become so reliant on predictive algorithms and models that we lose confidence in our intuition and not apply enough business judgment into our decision-making?

In preparing, reflecting on these and other burning questions before the panel, I was inspired by the athletes competing in the Sochi Winter Olympics. Sage Kotsenburg, who won the Gold medal in ‘Slopestyle’ snowboarding, managed to blend creativity and style with calculated risk-taking. He had the same data as everyone else in the competition: the course terrain and conditions, the strengths and weaknesses of his competitors, historical trends on how the judges rate different types of athletic feats and other information. Armed with this data and his ability to (literally!) analyze it ‘on the fly,’ he then layered on his intuition to bust some totally unexpected moves, such as the ‘Holy Crail’, that blew the judges away! This demonstrates that being analytical doesn’t come at the expense of using intuition – the two actually strengthen each other. This New York Times pictorial is a great explanation of Sage’s blend of creativity, style and calculated risk-taking.

Let’s explore further how this relates to business decision-making, data science and big data analytics.  Consider how the best business and operational managers make decisions:

  1. They assess the competitive landscape – which are the other key players? What are their strengths and weaknesses (innovation, execution, service)? How have they historically gained customers and grown their businesses? What might they do in the future based on their historical moves?
  2. They assess what customers will want to reward/buy (the criteria the ‘judges’ will use to assess performance).  Some of that seems obvious based on what criteria they specified, but often what a customer truly wants is more subtle and personal. Some want to be inspired, while others want to remove risk. Some would like to be a hero to their end users, while others value having a ‘cool-factor’ in their product.
  3. They take stock in their company’s strengths and weaknesses to determine how to best meet customers’ needs. Every company has its own ‘DNA’ or approach, just like every Olympic athlete.  Are you great at execution (so go for technical perfection)? Flexible and creative (so showcase the art of the possible)?
  4. They apply business judgment to determine how to take advantage of the opportunities they see – often needing to make a change ‘on the fly’ based on new data…just like Sage decided to create a new move on the fly to change the rules of the game during that particular meet.
  5. Lastly, they have to execute well enough on the strategy we have picked – choosing the right time, right place and right moves.  Sage’s execution wasn’t perfect, but combined with his creativity, energy and style, his overall performance was solid gold.

What’s the implication for those of us whose competitive sports take place in the world of business?  We need to make sure we put consumable, near real-time information into the hands of the operational managers who can apply business judgment, decide on courses of actions, and ultimately own the outcome of decisions.  We may not always feel the exhilaration of the wind in our face, jumping at neck-breaking speeds down steep cliffs, but we can combine analytics with our best business judgment to go for the gold!

Rosanne Saccone
CMO
Pentaho


Pentaho wins Red Herring Global 100 Award

November 22, 2013

RH_global100Following Pentaho’s success this summer in winning the Red Herring North America competition, which recognizes the most promising private technology companies, Pentaho was invited to participate in this week’s Red Herring 2013 Top 100 Global event and award competition. And we’re pleased to announce that Pentaho won!

We’re honored to be recognized as a Red Herring 2013 Global Top 100 company!

Red Herring Global culminates a full year of work scouring the globe by the Red Herring editorial team and venture capitalists reviewing thousands of privately held companies in regional competitions around the world. The world’s top technology companies are selected based on financial performance, technology innovation and a variety of other metrics that have made the Red Herring Global 100 a mark of distinction for identifying the most promising private companies and entrepreneurs.

Pentaho was joined by a list of impressive company finalists for the Global 100 competition including Pentaho customers Spreadshirt GmbH and Active Broadband Networks (both ended up on the top 100 list as well – our heartfelt congratulations go out to these innovators!). Top private companies from the Red Herring’s Regional competitions in Europe, North America and Asia flew to the Red Herring Global forum in Los Angeles for the final competition on November 19 and 20.

Pentaho CEO, Quentin Gallivan, was asked to present at the forum, where he shared our point of view about how the big data and analytics markets are transforming, particularly with the need to easily blend big data with other data sources for better business insights. Quentin provided insights from our customer front lines about how Pentaho’s Big Data pilot projects are transitioning into widespread deployments with real business impact—with the most powerful insights coming from blending relational and big data sources.

The Red Herring Global forum concluded with an awards gala, where the 2013 Red Herring Global 100 companies were announced.

photo.JPGThis is great validation for Pentaho, as well as our customers, partners and community. Together we’re driving the future of analytics, and the Global 100 award provides a very solid foundation to build upon as we push the boundaries of Analytics with Storm, YARN, and predictive analytics in 2014.

Rosanne

Rosanne Saccone
Chief Marketing Officer
Pentaho


Pentaho wins 2013 Red Herring Top 100 North America Award

May 24, 2013

RedHerringPentaho is honored to be selected as a winner for 2013 Red Herrings Top 100 North America Award!

This award recognizes the most promising private technology ventures in North America. Attracting over 3,000 applicants for the top 100 spots, companies are judged based both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

Judges narrow the applicants to 300 finalists who presented their winning strategies at the 2013 Red Herring North America Forum in Monterey, California, May 21-23. Pentaho CEO Quentin Gallivan represented Pentaho showcasing the power of Pentaho Big Data through customer examples such as ideeli and Marketo to a panel of judges.

At the award ceremony on May 23, Pentaho was announced a 2013 winner. Here are some photos of Quentin receiving the award and the newest addition to our growing trophy case.

The Red Herring Top 100 group represents top technology ventures that are forward thinking and instrumental in advancing the development of their industries. It is truly an honor to stand amongst this group and reflects our mission to deliver the future of analytics.

Rosanne Saccone
CMO


A Day of Choices that Impact the Future

November 6, 2012

The timing is auspicious for the launch of Pentaho’s latest business analytics platform release, which coincides with Election Day in the U.S.!  Both events offer the freedom to choose a platform that is right for you today and into the future. The election platforms offer social, economic and political philosophies to help you meet your personal values and goals. Your choice of business analytics platform should improve your organization’s performance by liberating and integrating all your data and serving it up to your corporate citizens to analyze.

We trust that you’ve made the choice of political candidates and cast your vote today. In case you haven’t chosen your business analytics platform yet, we hope you’ll allow us a little more campaigning! Our business analytics ‘candidate,’ which tightly couples data integration with advanced analytics, has proven its value across private, public and nonprofit sector organizations around the globe. Today, with the launch of our latest version Pentaho Business Analytics 4.8, we have made great strides in democratizing big data and business analytics by adding some exciting new capabilities:

  • Pentaho’s Instaview, the industry’s first instant and interactive big data analytics application, dramatically reduces the time and complexity required for data analysts to discover, visualize and explore big and diverse data
  • Pentaho Mobile BI brings the full power of the Pentaho Business Analytics Platform to the iPad, including instant and interactive visualization and the power to create new analysis on the go

With Pentaho 4.8, we bring real freedom to deliver power to all business users and a clear choice for a better future in the world of business analytics. To learn more about the future of business analytics, check out Pentaho.com/48.

Rosanne Saccone
Chief Marketing Officer
Pentaho


StoneGate Senior Living experiences 2800% ROI with Pentaho

June 18, 2012

In health and senior care, where the top priority is patient well-being, every penny of IT investment has to count.  Therefore, we are excited to announce that our customer, StoneGate Senior Living, has been named a Nucleus Research 2012 Technology ROI award winner.  Nucleus Research granted StoneGate this prestigious award for its integration of social collaboration, mobile access and analytics resulting in a 2800% return on investment!

Nucleus Research’s Technology ROI Award is granted to the top ten organizations each year that have maximized the value per dollar of their IT deployments.  Considering that this year’s award winners have achieved the highest cumulative ROI to date, we are especially proud to celebrate StoneGate’s success.

StoneGate Senior Living, which provides a range of support services to senior living and care properties, had been struggling to track and manage its overtime pay and expenses.  To resolve this, StoneGate established the Pentaho Business Analytics platform as the foundation for a new expense management system.

By aligning IT strategy and business goals using Pentaho Business Analytics, StoneGate has automated expense data collection and analysis across all 30 StoneGate facilities, resulting in an average annual benefit totalling $2,088,677.  StoneGate has achieved many other benefits including reducing overtime costs, accelerating accounts payable and automating other processes. The estimated payback occurred only two weeks into the Pentaho deployment.

Now that Pentaho Business Analytics has been successfully integrated, the sky’s the limit for StoneGate.  We are delighted to have been able to help StoneGate achieve its business goals and we extend our warmest congratulations to their team on this outstanding achievement!

Interested in learning more? Click here to read the case study about StoneGate’s Pentaho implementation, which includes the details of how the ROI for the Nucleus Award was assessed.

Rosanne Saccone
CMO


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