Anaplan has launched Anaplan Bring Your Own Key (BYOK), a data encryption solution. A first in the cloud planning industry, Anaplan BYOK allows customers to self-manage keys, which enables them to encrypt and decrypt workspaces and have sole access to their data on the Anaplan platform.
Organizations within industries that handle highly sensitive data can benefit from connected planning in the cloud with their most proprietary or confidential information, such as public-sector organizations that use personally identifiable information and consumer packaged goods companies that use proprietary formulas or designs for competitive advantage.
“Listening to customers, learning from them, and responding to their needs is central to Anaplan’s culture,” said Anaplan President and CEO Frank Calderoni. “Our BYOK solution is an example of how we innovate alongside our customers to address their requirements, ultimately helping them achieve true connected planning using the industry’s most secure and trusted cloud planning platform.”
“To effectively manage enterprise performance, companies need a flexible planning and modeling platform that allows all business units to participate in the planning process,” said Doug Henschen, Vice President and Principal Analyst, Constellation Research. “However, security concerns have prevented some companies from adopting connected planning. A product that allows them to participate without sharing access to confidential or proprietary information has the potential to be truly disruptive, since it opens the connected planning space to new entrants.”
