|By PR Newswire||
|April 4, 2014 08:00 AM EDT||
REDWOOD CITY, Calif., April 4, 2014 /PRNewswire/ -- Tidemark, maker of next generation cloud-based business planning and analytics solutions, today announced it has certified its modern enterprise performance management platform for Cloudera Enterprise 5, the latest release of Cloudera's Apache Hadoop™ powered big data platform that serves as an integral component of global enterprise data hubs.
Launched earlier this week, Cloudera Enterprise 5 delivers tight integration with existing enterprise data management systems. Enterprises rely on Cloudera to process and analyze data in full fidelity while fully complementing existing storage strategies and analytic infrastructure investments. Together with Cloudera Enterprise 5, Tidemark offers organizations not only a single place to store and work with all their data, but also a powerful, cloud-first business planning and enterprise analytics solution that gives every stakeholder in the company access to real-time data from a Cloudera hub.
With Tidemark, users throughout the enterprise can leverage Cloudera-managed data to achieve more accurate plans and forecasts, shorten budgeting cycles, view and understand performance data via intuitive and context-sensitive visualizations, collaborate across workgroups and functions, and improve enterprise performance by making more informed decisions sooner. Built from the cloud up, Tidemark's mobile-first platform also gives Cloudera enterprises anytime access to performance data and insights with fast, user-friendly apps that work on any device.
"Cloudera's next generation platform is about enabling a complex system to manage large, multi-format data to be simple. This makes it an ideal complement to the Tidemark platform, which is reimagining business planning and analytics by radically simplifying the process of gathering, collaborating with, understanding and acting on enterprise performance data at scale," said Tony Rizzo, co-founder and Chief Product Officer of Tidemark. "We look forward to bringing our cloud-first, mobile-first applications to more Cloudera enterprises."
"We are excited to have Tidemark certify its business planning and analytics platform on Cloudera Enterprise 5 as it provides key planning and analytic capabilities to joint customers," said Tim Stevens, vice president, Business and Corporate Development at Cloudera. "We are seeing very strong demand for Cloudera Enterprise 5 as enterprises increasingly deploy enterprise data hubs in their environments, and having Tidemark as part of the partner products that are certified and immediately available allows our customers to take advantage of the latest innovation from both companies."
Tidemark helps companies foster a culture of performance with cloud-based enterprise analytics that engage the entire organization in business transformation. Tidemark's apps involve multiple lines of business in core enterprise performance management processes, such as planning, forecasting, consolidation and analysis, for greater collaboration and context. Leading companies transforming their businesses with Tidemark include Chiquita, Hostess Brands, Chuck E. Cheese's, HubSpot, ServiceSource and Brown University. Tidemark is funded by Greylock Partners, Andreessen Horowitz, Redpoint Ventures, Tenaya Capital and Dave Duffield. To learn more about Tidemark, please visit www.tidemark.com or follow us on Twitter @TidemarkEPM.
Tidemark Video: What We Do – http://www.tidemark.com/resources/videos/tidemark-what-we-do
Tidemark Storylines – http://www.tidemark.com/financial-performance-storylines
Our blog – http://tidemark.com/blog/
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