Leading venture funds back Pentaho’s big data strategy

October 30, 2012

It’s an immensely proud day for Pentaho. Today we announced that a syndicate of venture capital firms led by NEA that includes Benchmark Capital, Index Ventures and DAG Ventures has agreed to invest $23 million in the company. You can read the press release here.

These firms share a common belief that the big data revolution offers significant upside and is part of a larger transformation taking place in the enterprise software industry that includes cloud computing. NEA’s recent blog post, SaaS 3.0: Big Data that Delivers, describes this very eloquently.

However, no matter how cool a company’s technology is, the ability to attract funding depends on how well the company is delivering on its strategy. I’m pleased to report that our first-mover advantage in big data really started to pay off in 2012, with our big data sales growing by more than 300%!  And I believe the kind of growth we’ve seen this year is only the tip of the iceberg.

Still, revenue growth is only part of the picture.  As Warren Buffet famously said, “value is what you get” and sustainable growth depends on the ability to create value for others. On this score, our big data solutions are creating value for a new generation of disruptive companies like Beachmint, Shareable Ink and Travian Games, which recognize the potential of advanced analytics to drive innovation, customer loyalty and new sources of revenue. Established companies like Soliditet and several large firms in financial services are using Pentaho to prepare for a future that will include big data analytics.

We plan to use the new funds to accelerate further technology innovation in big data and other areas, recruit the best talent in the industry and further our expansion into global markets so that we can create even more market value through our solutions.

The big data journey is in full flight – hang on for a fast, fun filled ride!

Quentin Gallivan


Pentaho Joins Dell Partner Program for Big Data

June 13, 2012

The opportunity that big data analytics provides for organizations to innovate quickly, predict events and improve customer relationships is endless. Our own customers including Shareable Ink, Travian Games and TravelTainment are using big data analytics today to analyze clinical data, innovate computer games and design targeted promotional campaigns – just to name a few.

Two key themes in of our vision for the future of analytics are to integrate with the leading technology partners in the big data analytics ecosystem and to enable cloud-ready applications.  In light of this, I am incredibly pleased to announce that today Pentaho is part of Dell’s Emerging Solutions Ecosystem, a new partnership program announced last April with the aim of focusing on cloud and big data enablement.

Pentaho’s big data analytics software will be offered with the Dell Apache Hadoop Solution, which brings together Cloudera’s distribution of Apache Hadoop, Dell’s hardware reference architecture and Dell’s Crowbar software, which automates and accelerates the deployment, configuration and ongoing operation of your cloud or cluster environment. The combined solution will also be offered with joint services and support.

What does this mean? I’ve had many conversations this year with customers who’ve told us they need to ‘operationalize’ Hadoop and that’s exactly what this partnership is about.  In a nutshell, this partnership makes it faster and easier for organizations to gain total insight from all their data through a single appliance that combines Hadoop integration, data integration and out-of-the-box analytics.

Why did Dell select Pentaho to be part of the Dell Apache Hadoop Solution? A major factor is that we were one of the first movers in the space announcing support for Big Data in May 2010 and we have many customers doing real work with big data.  We’ve also been working with Cloudera since October 2010 and have a longstanding strategic relationship with them, which includes technology integration.

The partnership means that Dell’s dedicated, big data sales team will now be reselling Pentaho directly into existing and new Dell accounts, initially in North America and other parts of the world very soon.  The Dell partnership also further commercializes Pentaho’s relationship with Cloudera by providing a vehicle to bring a big data offering to the market.

We look forward to helping you achieve your business goals through this important new partnership. For more information about Pentaho and Dell’s Emerging Solutions Ecosystem please visit pentaho.com/big-data/dell/.

Quentin


Open Source Fuels “Power To The User”

June 22, 2011

Traditionally open source Business Intelligence (OSBI) has been adopted by individuals with an “I” in their acronym: IT, SI, and ISVs.  This made sense because Open Source software started with deep technical roots in operating systems, appservers, RDBMSs, ESBs, etc., and when Pentaho pioneered OSBI in 2004 it was no different. The OSBI landscape back then was filled with some very nice technical projects, some desire from the “then current” open source proponents to move higher in the stack, and the overwhelming BI market screaming for disruption in the form of better products, better architectures and better pricing.

Over the next few years Pentaho built out a great BI platform with end-to-end BI capabilities and quickly became known as “The” OS BI Suite vendor. In conjunction with building product, we built out vibrant open source communities that helped spur our growth and adoption. We were the only clear alternative to Business Objects, Cognos, Oracle and Microstrategy, and the market was hungry for a better and more appropriately-priced offering. We’ve experienced incredible growth over the last couple of years as we continue to deliver great, solid, scalable, secure and functionally-rich products to the market – both to our open source communities and to our paying customers and partners.

In 2009 we started delivering more products geared toward the “business user,” a.k.a. “end-user,” a.k.a. “casual user,” a.k.a. “non-techie.” We immediately started seeing more people convert into customers and this trend grew significantly all the way through 2010. This was a great move in that direction, but we knew that another gap needed to be plugged in order to really satisfy growing market needs – better web-based reporting and data visualization as well as an easier way to get to data. People want results fast and easy, especially the “non-technical user.”  Voila, Pentaho BI 4.0 directly addresses these needs and pain points.  Check it all out here in our Pentaho BI 4 resource center.

Pentaho BI 4 is our biggest release ever that’s geared toward the business user. This product makes it not only possible, but makes it easy for business users to access their own data and do their own reporting, analytics, data discovery and dashboards. We’ve shielded users from the underlying complexities while also giving them the power that they desire.  Our open source roots make it clear that we are all about the people, and this release specifically extends that philosophy to include the “non-technical people.”

Pentaho BI 4 will greatly expand our addressable market size and customer profile. Our early feedback from customers, partners and communities indicates that this is a huge inflection point for our product line and company.  Our launch webcast on Thursday June 23 – Pentaho BI 4 Live – has already broken our previous webcast registration by 250%!

There must be some real unsolved thirst for pushing power to the user.

Richard


Coming Soon – Pentaho BI 4

June 20, 2011

This week we will launch Pentaho BI 4 Enterprise Edition. This major product launch has exciting new and improved enhancements for casual business users, business analysts and developers/administrators. We can’t give too many details away today but we encourage you to register now for the live demo on June 23. Be the first to learn about these exciting new features (hint: reporting, data discovery, UI, self-service).


What’s new in Pentaho BI Suite Enterprise Edition 3.8

March 16, 2011

It’s release time once again and I’m pleased to announce that Pentaho BI Suite 3.8 is available for download! This release is packed with new features empowering you to add more interactivity to your Pentaho-based solutions and improve performance and efficiency when working with larger and larger data volumes. In today’s blog, I’ll highlight just a few of these exciting new enhancements:

Guided Analysis
Building upon the hyperlink feature introduced in Pentaho Reporting with our 3.7 BI suite release, Analyzer Reports and Action Sequences now also provide the ability to create contextual hyperlinks to other pieces of Pentaho content or external URLs. You now have complete flexibility to provide information consumers with guided paths to additional detail or related content found in another report.  For example, with a couple of clicks you could create a summary level Analyzer Report for users to explore and analyze product sales, then enable hyperlinks on product names which link out to a detailed inventory report to ensure there are enough units on hand for your top selling products.

Dashboard Content Linking
Pentaho Dashboard Designer also receives a dose of interactivity with a feature we call content linking.  Content linking allows you enable one dashboard element drive the filtering of another element of the dashboard.  This feature is integrated with nearly all dashboard components including filter controls, dashboard charts, data tables and any items embedded in a dashboard widget such as a Pentaho report or Analyzer view.  This can be used for a variety of use cases including the creation of chained parameters, where selections in one filter control are used to drive the available selections in another filter control, or allowing dashboard consumers to click on the slice of a pie or a bar in a bar chart and have that drive the filtering of other widgets on the dashboard.  Be sure to check out the new dashboard samples, Product Sales Performance and Product Performance Dashboard, which illustrate the content linking feature along with the new, expanded set of filter controls including radio groups, check boxes, calendar pickers, button controls and more.

Data-less Design Mode for Analyzer Reports
Since its introduction just over a year ago, Pentaho Analyzer’s elegant combination of power and simplicity has driven exponential growth in use of Pentaho Analysis.  This includes deployments to larger user communities and the development of bigger, more sophisticated Mondrian cubes. Based on feedback from Pentaho customers, we’ve introduced the notion of a data-less report design mode, referred to as ‘auto-refresh’ in the user interface.  This allows users to design or modify the layout of an Analyzer report without querying the underlying RDBMs until the designer is ready to query.  This can help reduce database traffic for deployments to large user communities or reduce the design time for reports that depend on large queries.  Try it out by clicking on the Disable Auto-refresh button on the Analyzer toolbar, designing your query using the Field Layout panel, then clicking the Refresh Report button to issue the query.

Simplified Hadoop MapReduce Job Design
Also included in the 3.8 suite release is Pentaho Data Integration 4.1.2.  While this is primarily a patch release containing important product fixes and performance improvements, we’ve also added a few new features that simplify the design of transformations used to compose MapReduce jobs for Hadoop.  This includes dedicated steps for MapReduce Inputs and Outputs allowing you to simply choose which fields to use as your OutKey and OutValues, rather than having to explicitly filter and rename fields in the stream down to the key-value pair fields you pass back to Hadoop.  Finally, the Transformation Job Executor step now provides the ability to specify a transformation for use as a Combiner, thereby enabling you to optimize the performance of your PDI-based MapReduce jobs.

We hope you enjoy this exciting new release, get started today by downloading your copy at http://www.pentaho.com/download/.

Jake Cornelius
Vice President of Product Management
Pentaho Corporation


Sex
 & 
Sizzle 
– 
not
 without
 plumbing

November 16, 2010

What sells BI software? Sex and Sizzle! What makes BI projects successful? All of the data work done before any grids or graphs are ever produced. It’s the side of the business most BI vendors don’t talk about as they’d rather just woo and wow people with flash charts and glossy dashboards. Not that there is anything wrong with that – who doesn’t like great looking output? But, if the backend plumbing is either too complicated or non-existent, then it doesn’t matter how sexy this stuff is.

Today Pentaho announced the Pentaho Enterprise Data Services Suite to help make the “plumbing” as easy and efficient as possible. We’ve enabled people to iteratively get from raw data–from virtually any source–all the way through to metadata and onto visualization in less than an hour. We’ve enabled a new set of users to accomplish this by taking away many of the complexities.

In about 80% of the use cases we encounter, our customers want to quickly create and perform analytics on the fly, do this in an iterative approach, and when satisfied put their projects into production. You shouldn’t need a Ph.D in Data Warehousing to accomplish this, nevertheless many tools require extensive knowledge of DW methodologies and practices. It is fine to demand this knowledge with larger Enterprise DWs (EDW) but why make everyone pay the price – both in terms of software cost and experience/training required.

Now it would be one thing to provide data integration with RDBMSs, another thing to integrate with ROLAP, and yet another to integrate with Big Data like Hadoop, but how nice would it be to have a single Data Integration and Business Intelligence platform to work for all of these? Almost as nice as the Florida Gators winning a national championship but we won’t have to worry about that in 2010…had to digress for a moment.

A big part of our product release today centers around Pentaho for Hadoop integration including the GA for Pentaho Data Integration and BI Suite for Hadoop. Big Data and the whole ”data explosion” trend is just starting, so if you aren’t there today, give it time and know that Pentaho is already positioned to help in these use cases.

Pentaho allows you to start down an easy path with Agile BI and then scale up to EDW when and if necessary with enterprise data services. Our engineering team and community have spent significant time and effort to bring these services to market, and today is the official release. Please take a few minutes to read up on the new Pentaho Enterprise Data Services Suite and attend the launch webcast. Or, go ahead and download the Pentaho Enterprise Data Services Suite and start making easier, faster, better decisions.

Richard


Pentaho’s week of Hadoop

October 15, 2010

Congrats to our new partner Cloudera for putting on a great event this week. Hadoop World 2010 was a huge success – with over 900 attendees. It was great to talk to companies using Hadoop and those looking to solve their big data problems. We were also excited to have such a great showing at our presentation at the very end of the day with standing room only!

On Wednesday, following Hadoop World, the Pentaho Agile BI Tour arrived in NYC. Pentaho and its partner Project Leadership Associates presented a special half-day seminar focused on Agile BI and Big Data. We also hosted the first of three special OEM Power Lunches for companies interested in embedding Pentaho.

For an insider’s look at our Week of Hadoop check out our slide show below.

If you missed our four announcements Tuesday about the availability of Pentaho Data Integration and Pentaho BI Suite for Hadoop and our new partnerships you can read what the press and analyst have to say:

Hadoop pitched for business intelligence
ITWorld.com,  Joab Jackson

Pentaho Adds Hadoop Support
CTO Edge, Mike Vizard

Pentaho Brings Businss intellgience to Hadoop
ECRMGuide, Paul Shread

Pentaho brings BI, integration to Hadoop
Computer Business Review, Jason Stamper

You may be thinking, what is Hadoop? If so, I recommend to check out the videos by our Chief Geek, James Dixon. 5 videos are short, to the point and very informative.

Have a great weekend!
Rebecca Shomair
Director, Corporate Communications
Pentaho Corporation

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