Sunday, May 4, 2014

Anaplan Makes Spreadsheets Obsolete

Anaplan is a cloud-based business modeling and planning platform for sales, operations and finance. The company is a recent entrant to the business planning market, which for decades has been dominated by the “big four” legacy vendors: IBM, Oracle, SAP, and Microsoft.  Anaplan CTO Michael Gould developed Anaplan as a response to these  legacy systems.  At the core of his technology is a single hub where the business user, and not IT, can build, deploy, maintain, and share models.

Anaplan is headquartered in San Francisco, with offices in England, France, Sweden, Benelux, and Singapore.

History

Anaplan was founded in 2006 by Guy Haddleton and Michael Gould. Gould noted, “Outdated technologies and disconnected legacy applications have made dynamic interaction across teams nearly impossible, forcing users into static models that can’t keep pace with daily change” – and set about to change that.  He spent two years developing a platform that could utilize new computing abilities, such as in-memory computing, 64-bit multi-core processing, database innovation, and SaaS delivery. After four years of platform development, Anaplan was officially launched to the public in October 2010.

By year’s end, Anaplan had gained so much market traction that it was being hailed as a creator of the “new market” in performance management.  Anaplan brought on Frederic Laluyaux as CEO in 2012.  Under his leadership, the company has attracted new funding, doubled its headcount, opened new offices worldwide, and added some notable household names as customers.

In 2012 alone, Anaplan grew its customer base by 500% and revenues by 800%.  Customers include HP, McAfee, Pandora, Diageo, Kimberly-Clark EE, and Aviva.

Anaplan closed its C-Round funding in March 2013 with a $33M investment from  Meritech, Shasta Ventures, Granite Ventures,Salesforce.com, and additional private investors.

Technology

Using cloud computing, multi-tenant data architecture and an in-memory calculation engine (Hyperblock), Anaplan has created a powerful and flexible platform delivered to end-users as a SaaS product.

Anaplan's HyperBlock architecture unites a unique hybrid of relational, vertical, and OLAP databases with memory data store and calculation.  In spreadsheet planning, every cell has a unique formula that is interdependent on other cells. Instead, the HyperBlock automatically records updates at a granular level by amending only the affected cells. As volumes scale, complexity doesn't – and users can instantaneously update or change models of any size.

The “Living Blueprint” is the brain behind Anaplan’s in-memory platform. This master repository of business rules is where all the intelligence behind a model is generated and maintained. This allows adjustments to the model to be made in seconds, thus allowing the model to grow and adapt with a constantly changing business.

Anaplan is a Software-as-a-Service (“Saas”) and is completely cloud-based. This eliminates the need for dedicated hardware or maintenance teams to make the platform work. It also enables “Zero Deployment” – users can log onto the platform on almost any device, from anywhere.

http://en.wikipedia.org/wiki/Anaplan

= = = = = = = = = = = = = = = = = = = = = = = = = = = = = =

Afterword by the Blog Author

This is the next-generation of OLAP.  It may be what Hyperion wanted to do before it was acquired by Oracle.  It represents the beginning of the end of spreadsheets.  It will allow for much faster and precise monitoring of operations and costs by management – top executives are going to expect answers to their questions as an integral part of the staff meetings so they can inquire further into follow-on queries.  This product may completely computerize budgeting and cost accounting throughout the Fortune 500.

Oh.  You can’t buy stock in Anaplan – it is privately owned.

No comments:

Post a Comment