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:
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.
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
Companies Mentioned: Aberdeen Group, Actian, Alation, Arcadia Data, Attunity, BMC, Cambridge Semantics, Cloudera, Databricks, Dataiku, DataKitchen, Datameer, Datarobot, Domino Data Lab, EMA, HPE, Hurwitz and Associates, IBM, Informatica, Kogentix, LogTrust, Looker, < MesoSphere, Micro Focus, Microstrategy, Ovum, Paxata, Podium Data, Qubole, SAP, Snowflake, Strata Data, Tableau, Tamr, Tellius, Trifacta.
Last week, I attended Strata Data Conference at the Javitz Center in New York City to catch up with a wide variety of data science and machine learning users, enablers, and thought leaders. In the process, I had the opportunity to listen to some fantastic keynotes and to chat with 30+ companies looking for solutions, 30+ vendors presenting at the show, and attend with a number of luminary industry analysts and thought leaders including Ovum’s Tony Baer, EMA’s John Myers, Aberdeen Group’s Mike Lock, and Hurwitz & Associates’ Judith Hurwitz.
From this whirwind tour of executives, I took a lot of takeaways from the keynotes and vendors that I can share and from end users that I unfortunately have to keep confidential. To give you an idea of what an industry analyst notes, following are a short summary of takeaways I took from the keynotes and from each vendor that I spoke to:
Keynotes: The key themes that really got my attention is the idea that AI requires ethics, brought up by Joanna Bryson, and that all data is biased, which danah boyd discussed. This idea that data and machine learning have their own weaknesses that require human intervention, training, and guidance is incredibly important. Over the past decade, technologists have put their trust in Big Data and the idea that data will provide answers, only to find that a naive and “unbiased” analysis of data has its own biases. Context and human perspective are inherent to translating data into value: this does not change just because our analytic and data training tools are increasingly nuanced and intelligent in nature.
Behind the hype of data science, Big Data, analytic modeling, robotic process automation, DevOps, DataOps, and artifical intelligence is this fundamental need to understand that data, algorithms, and technology all have inherent biases as the following tweet shows: