On a monthly basis, I will be rounding up key news associated with the Data Science Platforms space for Amalgam Insights. Companies covered will include:
Data Science Platforms News Roundup, June 2018
What Data Science Platform Suits Your Organization’s Needs?
This summer, my Amalgam Insights colleague Hyoun Park and I will be teaming up to address that question. When it comes to data science platforms, there’s no such thing as “one size fits all.” We are writing this landscape because understanding the processes of scaling data science beyond individual experiments and integrating it into your business is difficult. By breaking down the key characteristics of the data science platform market, this landscape will help potential buyers choose the appropriate platform for your organizational needs. We will examine the following questions that serve as key differentiators to determine appropriate data science platform purchasing solutions to figure out which characteristics, functionalities, and policies differentiate platforms supporting introductory data science workflows from those supporting scaled-up enterprise-grade workflows.
Lynne Baer: Clarifying Data Science Platforms for Business
My name is Lynne Baer, and I’ll be covering the world of data science software for Amalgam Insights. I’ll investigate data science platforms and apps to solve the puzzle of getting the right tools to the right people and organizations.
“Data science” is on the tip of every executive’s tongue right now. The idea that new business initiatives (and improvements to existing ones) can be found in the data a company is already collecting is compelling. Perhaps your organization has already dipped its toes in the data discovery and analysis waters – your employees may be managing your company’s data in Informatica, or performing statistical analysis in Statistica, or experimenting with Tableau to transform data into visualizations.
But what is a Data Science Platform? Right now, if you’re looking to buy software for your company to do data science-related tasks, it’s difficult to know which applications will actually suit your needs. Do you already have a data workflow you’d like to build on, or are you looking to the structure of an end-to-end platform to set your data science initiative up for success? How do you coordinate a team of data scientists to take better advantages of existing resources they’ve already created? Do you have coders in-house already who can work with a platform designed for people writing in Python, R, Scala, Julia? Are there more user-friendly tools out there your company can use if you don’t? What do you do if some of your data requires tighter security protocols around it? Or if some of your data models themselves are proprietary and/or confidential?
All of these questions are part and parcel of the big one: How can companies tell what makes a good data science platform for their needs before investing time and money? Are traditional enterprise software vendors like IBM, Microsoft, SAP, SAS dependable in this space? What about companies like Alteryx, H2O.ai, KNIME, RapidMiner? Other popular platforms under consideration should also include Anaconda, Angoss (recently acquired by Datawatch), Domino, Databricks, Dataiku, MapR, Mathworks, Teradata, TIBCO. And then there’s new startups like Sentenai, focused on streaming sensor data, and slightly more established companies like Cloudera looking to expand from their existing offerings.
Over the next several months, I’ll be digging deeply to answer these questions, speaking with vendors, users, and investors in the data science market. I would love to speak with you, and I look forward to continuing this discussion. And if you’ll be at Alteryx Inspire in June, I’ll see you there.
Cloudera Analyst Conference Makes The Case for Analytic & AI Insights at Scale
On April 9th and 10th, Amalgam Insights attended the fifth Cloudera’s Industry Analyst and Influencer Conference (which I’ll self-servingly refer to as the Analyst Conference since I attended as an industry analyst) in Santa Monica. Cloudera sought to make the case that it was evolving beyond the market offerings that it is currently best known for as a Hadoop distribution and commercial data lake in becoming a machine learning and analytics platform. In doing so, Cloudera was extremely self-aware of its need to progress beyond the role of multi-petabyte storage at scale to a machine learning solution.Cloudera’s Challenges in Enterprise Machine Learning
Anaplan States Planning Is Dead, Focuses on the Era of Real-Time Decision
Recommended Reading for: Finance, Sales Operations, Supply Chain Management, IT Management, and Enterprise Strategy Personnel
Companies Mentioned: Anaplan, IBM, SAP, Oracle, Microstrategy, Tableau, DataRobot, TROVE Data, Louis Vuitton, Premji Invest, Salesforce Ventures, Top Tier Capital Partners, Baillie Gifford, Granite Ventures, Industry Ventures, Meritech Capital, Constellation Research, Ventana Research, IDC, Mint Jutras, ISG, Gartner, Apps Run the World, TechVentive
On March 6th and 7th, 2018, Amalgam Insights attended Anaplan Hub 18. Anaplan has been on Amalgam analysts’ radar for several years, as we consider Anaplan’s Hyperblock foundation and ability to serve multi-departmental planning in enterprises without a year or more of setup to be fundamental advantages. As we have covered this company, we have been waiting for Anaplan to reach its breakthrough moment where it takes its place as one of the true market leaders in enterprise applications. It is in this context that we attended Anaplan Hub and judged our interactions with Anaplan executives, customers, and partners.
This report provides updates on Anaplan’s key business metrics, executive insights from an analyst-only panel, keynote and product announcements, a 2018 perspective on customer success stories with Anaplan, and Amalgam’s expectations for Anaplan in 2018 and beyond as both a real-time planning application and a Platform as a Service.
Anaplan Key Business Updates
Blockchain! What is it Good For?
Blockchain looks to be one of those up and coming technologies that is constantly being talked about. Many of the largest IT companies – IBM, Microsoft, and Oracle to name few – plus a not-for-profit or two are heavily promoting blockchain. Clearly, there is intense interest, much of it fueled by exotic-sounding cryptocurrencies such as Bitcoin and Ethereum. The big question I get asked – and analysts are supposed to be able to answer the big questions – is “What can I use blockchain for?”
Market Milestone: Red Hat Acquires CoreOS Changing the Container Landscape
We have just published a new document from Tom Petrocelli analyzing Red Hat’s $250 million acquisition of CoreOS and why it matters for DevOps and Systems Architecture managers. This report is recommended for CIOs, System Architects, IT Managers, System Administrators, and Operations Managers who are evaluating CoreOS and Red Hat as container solutions to support…
Data and Analytic Strategies for Developing Ethical IT: a BrightTALK webinar
Recommended Audience: CIOs, Enterprise Architects, Data Managers, Analytics Managers, Data Scientists, IT Managers Vendors Mentioned: Trifacta, Paxata, Datameer, Datawatch, Lavastorm, Alation, Tamr, Unifi, 1010Data, Podium Data, IBM, Domo, Microsoft, Information Builders, Board, Microstrategy, Cloudera, H20.ai, RapidMiner, Domino Data Lab, Dataiku, TIBCO, SAS, Amazon Web Services, Google, DataRobot. In case you missed it, I just finished…
Calero Purchases European TEM Leader A&B Groep: What to Expect?
Note: This blog contains excerpts from Amalgam’s Due Diligence Dossier on Calero. To get the full report, click here.
In January 2018, Calero announced two acquisitions, Comview and A&B Groep. These acquisitions have increased Calero’s headcount by over 70 employees, added geographic footprint, demonstrated a specific profile for acquisition, and demonstrates the willingness for new owners, Riverside Partners, to quickly take action within 120 days of acquiring Calero. This combination of acquisition, execution, and stated focus result in the need to re-evaluate Calero in context of these significant changes.
The Brain Science of Effective Corporate Soft Skills Training
Companies Mentioned: Deloitte, Salesforce, SAP, Cornerstone, Saba, Skillsoft, Fivel, PageUp, PeopleFluent, Talentsoft, Oracle, SilkRoad, IBM, Lumesse, Litmos, D2L, LearnCore, and Lessonly
Soft skills are “people skills”, and they are extremely important in the commercial sector. They involve showing and feeling empathy, embracing diversity, and understanding that we all have biases that we need to be aware of and keep in check. They involve effective interpersonal interactions and real-time communication skills and are relevant at all corporate levels. Whether office staff who interface with clients, office managers who interface with employees and their superiors, or the C-suite who provide the leadership and vision for the company, effective soft skills matter. An individual with strong soft skills can be an effective collaborator, leader, and “good” citizen. They not only know “what” behaviors are appropriate and inappropriate, but they know “how” to generate those behaviors and do so in a highly effective manner.