Adaptive Insights’ Impressive Product

According to a report from MarketandMarkets, the cloud analytics market is projected to grow 26% annually over the five year period from 2013 through 2018. The researcher expects the market to be worth $16.52 billion by 2018 from $5.25 billion in 2013. >>>

NetSuite’s Recent Acquisition

According to an IDC report released earlier this year, the worldwide public cloud services market is projected to grow 23% annually over the period until the year 2018. The market was estimated to be worth $45.7 billion in 2013. Within the market, the SaaS segment accounts for 72% of the total public cloud services market. It is projected to grow 20% annually over the period 2013 through 2018 driven by growth in enterprise applications cloud solutions such as enterprise resource management (ERM), customer relationship management (CRM), and collaborative applications.

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Thought Leaders in Big Data: Nenshad Bardoliwalla, VP of Products, Paxata (Part 7)

Sramana Mitra: You’ve already crossed $5 million revenue. Why did you raise money from Accel India?

Nenshad Bardoliwalla: Two of the four founders are actually Indian, but that’s honestly incidental. Prakash and Dinesh have known each other since 1999.

Sramana Mitra: I can see why Dinesh would be interested in something like this. I’m just surprised by the structure. Accel Partner India was set up to fund venture in India. It’s a bit odd.

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Tableau Gearing up for Competition

According to Wikibon’s Big Data Vendor Revenue and Market Forecast released earlier this year, the worldwide market for Big Data-related hardware, software, and services grew 58% over the year to $18.6 billion in 2013. The report estimates the market to grow to $28.5 billion in 2014 and to $50.1 billion by the year 2017.

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Thought Leaders in Big Data: Nenshad Bardoliwalla, VP of Products, Paxata (Part 6)

Sramana Mitra: You founded it in 2012. We are now in 2014. How much adoption have you had following your methodology and in what segment? Where are you finding the sweet spot of your adoption?

Nenshad Bardoliwalla: I’m not at liberty to share the exact customer numbers, but we’re above 20 customers at this point. We have a variety of customers. We basically target five industry segments that we think are right for the types of analysts that we target. The five segments are high tech manufacturing, consumer products, retail, financial services, and public sector. >>>

Thought Leaders in Big Data: Nenshad Bardoliwalla, VP of Products, Paxata (Part 5)

Sramana Mitra: Let’s look at use cases now that we understand what you do. Let’s do a before and after. If you were not in the picture, what are they able to do? With you in the picture, what are they able to do?

Nenshad Bardoliwalla: I’ll give you a story of my own life because this is actually how we started designing the Paxata product. If you’re an analyst today, your number one weapon of choice is Excel. That has always been the case for as long as Excel was available. When it comes to data preparation, the analyst lifecycle looks like the following. I used to get a request from one of the management teams saying, “I need you to answer this analytical question. I need you to find out which of our accounts in Europe have this many escalations logged against them, find out who is assigned to those cases, and how long they have been in operation.” >>>

Thought Leaders in Big Data: Nenshad Bardoliwalla, VP of Products, Paxata (Part 4)

Nenshad Bardoliwalla: Typically what we find is that once we prepare the data, that data is then pulled by the consuming applications. However, it’s also important to note that we ourselves do persist with data. A very important part of our value proposition is the notion of data governance. We maintain and cache a copy of all the data that actually flows through our system, which means that we also keep every version of data that’s ever loaded into the system, every version of data that is transformed in our system, and every version of data that is exported. The moment a data element hits our system to the moment it goes out, >>>

Palo Alto Networks Still Going Strong

According to a Research and Markets report released earlier this year, the Global Enterprise Network Security market is estimated to grow at a rate of 6.6% annually over the period 2012-2016. The growth in the market is attributed to increasing adoption of network security solutions by small and medium organizations.

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