Anaplan launches its business planning tools with Amazon Web Services cloud

March 4, 2021

Anaplan has confirmed that it’s making its business planning and forecasting tools available on Amazon Web Services public cloud platform.

Anaplan provides an enterprise platform that can be used for a range of business planning purposes. The new offering is focused on an in-memory database and calculation system called HyperBlock that allows users to manage and analyse various data sets quickly across finance, HR, sales and other core business operations.

The announcement was accompanied by better than anticipated fiscal final quarter earning reported. One big advantage of the Anaplan platform is its excel-style functionality which makes it very accessible to many workers. The software includes various modules to support data-focused decisions across budgeting, demand, quota and workforce planning, planning and forecasting, commission calculation, financial consolidation and profitability modelling.

The Anaplan on AWS offering will combine the business planning tools of Anaplan with the scalable cloud infrastructure available at Amazon. It will allow businesses to work with large, diverse data sets and analyse different scenarios in real-time.

Ana Pinczuk, the senior VP and chief development officer at Anaplan explains that they are looking to expand the reach of the customers they serve. By integrating with AWS, Pinczuk believes the platform will be opened up to a much broader range of customers. Many of their new customers targeted by Anaplan have current relationships with cloud providers like AWS. Pinczuk believes the partnership will make it simpler for those customers to integrate their cloud-based data with its business planning software.

Users will be able to integrate services such as Amazon Simple Storage Service and Amason Redshift for data analytics specifically with the Anaplan platform. This will support customers in delivering accurate forecasts across a range of industries. Forrest Danson of Deloitte Consulting LLP believes that Anaplan on AWS will support businesses plan across various dimensions enabling them to keep momentum with continued market changes and to leverage new opportunities.

The partnership with AWS represents the second deal with a major public cloud infrastructure provider, following the announcement with Google Cloud last year. 

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