Sramana: The IPO window is open now. You know the cycles we have gone through. Are you looking at an IPO? Fred Laluyaux: Yes, we are. We are going to have to. I am not a big fan of running a public company but we are an enterprise platform for some of the largest companies
Sramana Mitra: Since you have visibility on the supply chain side of the business, what are the key trends that you’re seeing in the Big Data applications and modeling? Joe Shamir: By the fact that you’re moving closer to the consumer, you are collecting demand data as close as possible to the shelf or to
Sramana Mitra: There was a group of young founders who started wefi and you stepped in as the CEO? Zur Feldman: They did not really get along because of the differences in their views. Each one had his own imagination on how it needs to be. They were looking for someone who can actually meld
Sramana: You have talked about your land and expand model. How does that play out in the sales process? Fred Laluyaux: Finally, we are looking to build the community of users. We are looking to build a community of system administrators. We have an opportunity to build great community amongst business analysts. Business analysts build models
Machines replacing humans. Similar to what Andrew McAfee and Erik Brynjolfson point out in their article on the decoupling of productivity and job growth, Joe Shamir sheds some light on this trend of process automation within businesses. Sramana Mitra: Joe, let’s start with introducing our audience to yourself as well as to ToolsGroup. Joe Shamir:
Sramana Mitra: How does the story of wefi begin? Were you incubating this company inside of your venture firm, Pitango? Zur Feldman: Yes. Pitango was a seed investor in this company. This company actually started in late 2006 before the first iPhone came out in 2007. The premise was that the devices that were starting
Sramana: What application areas are we talking about? Fred Laluyaux: We enable hyper growth and hyper change. We empower users to enable data-driven decisions in real time. HP is live with Anaplan to do their territory and quota plans around the world. They deliver territories and quotas to their sales reps globally. Other companies use Anaplan
Sramana Mitra: Let me suggest something else as well. You know there’re so many cloud apps right now. It’s becoming very fragmented and there is a large number of point solutions all over the place. With an enterprise company with lots of resources, you can potentially avail of integration resources to manage all these and