Company Roots, Founder History

Ward Yaternick is the CTO Founder.  He led development teams at Cognos (now IBM) from 1991 to 1997. Ward then founded a company that created an OLAP SDK And Excel Addin, hailed as the best product for Microsoft OLAP in the world. As such, OLAP@Work Corporation was purchased by Business Objects (now SAP) in April 2000 to bolster its OLAP offerings.  Ward joined BOBJ in its executive ranks as VP Analytic and Reporting Products and VP OLAP until 2003 when Ward left to found Nextanalytics Corporation.

Secret Sauce of Nextanalytics

Since 1991 and before, the company founder realized that end users require more than the ability to view database data -- to Ward and many others, converting data, analyzing data, is the core-value of business intelligence. 

Without an analytic layer, many spend a great deal of time processing data to convert raw data into BI.   As such, most BI projects sit untouched; the magnitude of work and cost of working with mainstream vendors is prohibitive. This is the opportunity: Solve this development lag in a cost-effective way, and there are many gold mines of data waiting to be tapped.

Nextanalytics is reasonably priced and saves time by providing specialized tools that manipulate raw data. Then it makes it available for presenting to the business user in a wide variety of industry standard ways, as well as supplying its own user interface as free open source, augmenting it with pay-as-you-go consulting services. 

With this packaging, activities that previously took weeks or months can now take an hour.  Delivering a fully functional dashboard or delivering processed data to worksheets or BIRT can now be estimated to take days, not months.   Those working with charting packages can now more easily get the data laid out how the package needs. Many of the mysteries of working with free open source reporting tools can now be avoided, since Nextanalytics can do the processing required to get the data "just-so".  (Nextanalytics is available in both Java and .NET).

The new millenium requires a different product than what's being delivered by mainstream vendors. BI implementors already have platforms so what they really need is something that has a light footprint, focused functionality, and packaging geared towards embedding and integration.  This lets lets them exploit their already established platform and not add unnecessary complexity to their customer's sites.

To this end goal of deployment and integration simplicity, Nextanalytics downloads in less than one megabyte and can be installed by drag/dropping a package of files; usually requiring only about ten minutes from the moment of download to up and running. 

The whole company is geared to supporting the efforts of ISVs and consultants during their integration phase through consulting services and tried and true integration methodologies.

Successful integrations and happy users in our partners' base are the core of our business.

Business History

After four years of dedicated development, Nextanalytics released its first commercial product in 2007.

The company is funded and as of 2009 is now profitable. It has experienced steady organic growth and is building a portfolio of satisfied customers as each year passes.

On the technology front, we are constantly improving the product. Major milestones from past years were a pure Java release in February 2008, and a "free and open source" dashboard in Summer 2008.  

In May 2009, a new release is in use at several major customers in the telecom and web log analytics space, where the key feature is working with very large volumes of rapidly changing production data.