The social media channels are buzzing today with chatter about Tibco’s acquisition of Jaspersoft. As fellow players in the spheres of commercial open source and business analytics, industry watchers are naturally speculating on Pentaho as well so I thought I’d take this opportunity to share how our business strategy differs to Jaspersoft’s.
When explaining our commitment to open standards, we tell our customers that one size IT strategy does not fit all – rather, it’s ‘horses for courses’. Business strategies follow this principle as well and ours is very different from Jaspersoft’s.
Our strategic paths started to diverge four years ago when we started building on our open source heritage to focus on big data and advanced analytics capabilities for technologies like Hadoop and NoSQL, and more recently YARN and Storm.
Hell bent on solving big and diverse data challenges with a full data integration and analytics platform, last year we introduced ground-breaking technology like our Adaptive Big Data Layer, which protects enterprises against the risks inherent in a disruptive big data market. Today we have the most comprehensive big data integration capabilities currently on the market.
As a result, Pentaho has seen enormous growth in big data and embedded analytics, with more than 83% growth in these segments. And, significantly, our big data analytics platform has driven a huge increase in large enterprise clients, growing at over 200% from the prior year and now representing 26% of our business.
Jaspersoft took a different route, opting to provide low-cost open source alternatives to traditional BI and reporting, particularly to the SMB market. Larry Dignan for Between the Lines, ZDNet comments, “With Jaspersoft, Tibco can offer low-priced subscriptions and later upsell to its other applications.”
Although our total cost of ownership is highly attractive to mid-market and enterprise buyers alike, we’re not aiming to be the cheapest. We continue to innovate with R&D so we can continue to break new ground in big data and embedded analytics.
“The TIBCO acquisition of Jaspersoft is additional validation that the business analytics market is continuing to bifurcate — with more traditional departmental BI on the one hand, and big-data analytics on the other. TIBCO has added a low-cost open source reporting capability to its portfolio to address the SMB BI market, a market we view as continuing to commoditize.”
“Four years ago, we saw the big data market opportunity. While Jaspersoft turned right, we turned left towards big data analytics and the associated new projects funded in large enterprises,” Gallivan continued. “The Pentaho platform is in the pole position to integrate and blend diverse big data sets together to deliver end-to-end big data analytics solutions to large enterprises – a platform that experienced 83% year-over-year growth in big data and embedded analytics in 2013 alone,” said Quentin Gallivan, Chairman and CEO of Pentaho.
Pentaho continues to stay focused on our course of big data integration and analytics platform solving for the future of analytics. I encourage you to explore how we are doing this by exploring our Big Data Blueprints or Visualization gallery.
Rosanne Saccone CMO Pentaho