I can't downvote this because I'm OP, so I'll actually respond even though this is a somewhat ignorant HN middle brow dismissal style comment.

Simplygon is an acquisition that Micrsoft made recently. The company makes widely used middleware, originally targeted at AAA game developers for 3D model decimation. In this context, the name "Simplygon" makes a lot of sense. It is a simple solution for decimating meshes, made of polygons (triangles). The "gone" part of the pun also makes sense, because getting less of what you had originally (polygons) is what you want. I understand that pitched as a cloud product someone like parent with no context as to what the product actually does would think that it loses data, but this is a cloud service, so ideally there is no long term data store in the first place.