Tag: Continuous

Sumo Logic IPO Sees Strong Premium for Growth of Continuous Intelligence

Business intelligence was one of the key buzzwords in years past. With the explosive growth of the cloud, machine learning, automation and artificial intelligence, is it a shock that there is already a new term? A fresh initial public offering (IPO) from Sumo Logic Inc. (NASDAQ: SUMO) wants the next big term to be “continuous intelligence,” and investors just paid a premium for its opening value in Thursday’s IPO.

Sumo Logic calls itself the pioneer of continuous intelligence. The company describes this new software category as enabling organizations of all sizes “to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing.”

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Sumo Logic sold 14 million shares at $22 apiece, and all the shares were sold by the company itself. Its indicated price range had been $17 to $21 per share ahead of the formal pricing. Prior to assuming

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Planful Announces Summer20 Product Release, Expands Collaboration Capabilities for Continuous Planning in All Areas of the Business

REDWOOD CITY, Calif., Sept. 8, 2020 /PRNewswire/ — Planful Inc. (formerly Host Analytics), the pioneer of Continuous Planning with its cloud platform for financial planning and analysis (FP&A), today announced significant platform enhancements with its Summer20 product release. The release powers Continuous Planning with exciting new capabilities for the industry-first Dynamic Collaboration feature rolled out in Planful’s Spring20 release. It also includes a redesigned Workforce Planning experience and improved platform speed and performance.

“We’re proud to share our Summer20 release with customers because it delivers on our commitment to engineer the best, modern FP&A platform on the market and extend financial collaboration across the business” said Sanjay Vyas, Chief Technology Officer, Planful.   

Structured Planning Across the Business

With more FP&A projects becoming extended planning and analysis (xP&A) projects, it’s becoming increasingly critical to expand beyond finance into additional areas of enterprise planning and analysis, particularly Workforce Planning.

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