Posts Tagged Business Intelligence
Traditionally, data processing for analytic purposes follows a fairly static blueprint. Namely, enterprises create mainly structured data with stable data models via enterprise applications like CRM, ERP and financial systems. Data integration tools extract, transform and load the data from enterprise applications and transactional databases to a staging area where data quality and data normalization (hopefully) occur and the data is modeled into neat rows and tables. The modeled, cleansed data is then loaded into an enterprise data warehouse. This routine usually occurs on a scheduled basis – usually daily or weekly, sometimes more frequently.
The Big Data community has been waiting in anticipation for Ben Werther’s start-up Platfora to come out of stealth mode and reveal its grand vision since early summer. Well, that day has come and Werther’s vision for Platfora is indeed ambitious.
Platfora today announced it raised $5.7 million in Series A funding led by Anderseen Horowitz, with additional support from In-Q-Tel. In an accompanying blog post, Werther said Platfora has developed a platform to allow business users to interactively explore large data sets stored on Hadoop and create multidimensional, predictive dashboards and reports.