|[January 21, 2014]
Demand for Big Data Fuels Record Growth for Talend
LOS ALTOS, Calif. --(Business Wire)--
the global big
data integration software leader, today announced that it has
recorded tremendous growth and momentum in 2013. The company saw a surge
in product innovation, received new investment, strengthened its
leadership team, and broadened its strategic partnerships to further its
position as a leader and visionary in the integration market.
"We have an extraordinary opportunity in front of us. Thanks to major
investments, Talend's native support for Hadoop and other modern big
data platforms takes the complexity out of integration and enables IT to
be more responsive to the demands of data-driven businesses," said Mike
Tuchen, CEO of Talend. "2014 will be an exciting year for Talend as we
continue to work with our partners in the big data ecosystem to reinvent
the world's data infrastructure, providing a disruptive solution that
enables customers to get instant value from all their data."
Exploding Market Penetration & Growth
In the fourth
quarter of 2013, Talend's subscription bookings grew by 81% compared to
the same period last year, due to rising global demand for
data integration solutions. The company signed several large
contracts for its big
data solutions in recent months, including two of the largest
retailers and one of the largest financial services organizations in the
world, and successfully upgraded many existing clients to its big data
platform. With a 108% compounded annual revenue growth rate for the last
six years, Talend is confirming the combined strength of its offerings
to the market, its technology and its ecosystem.
New Funding, Executive Appointments
In December, Talend
closed $40 million in funding in a round led by Bpifrance and Iris
Capital. This new capital will be used to fuelexpansion, accelerate
product innovation, and support go-to-market efforts in the big data
space. Talend also announced new appointments to its executive team to
lead it through the next expansion phase - most recently appointing
software industry veteran Mike Tuchen as CEO. In April, Mike Sheridan, a
seasoned sales and marketing executive, joined the company as Executive
Vice President of Sales & Marketing. And, in September, Francois Chiche
joined as Senior Vice President of Channels and Alliances, responsible
for global management and expansion of Talend's network of systems
integrator and consulting partners, expanding Talend's presence
internationally via resellers, further developing Talend's OEM channel,
and managing strategic technology alliances.
Big Data Innovation
At the forefront of a big data paradigm
shift, and in its mission to make big data become a reality for all
organizations, Talend continued to disrupt the market and invest heavily
in building its next-generation big data integration platform. Two new
versions of the Talend platform were brought to market: Talend v5.3 in
May and Talend v5.4 in October. Major advances of these versions include:
Broadest platform and source support: In 2013, Talend added support
for more NoSQL databases by delivering a set of connectors for
Couchbase, CouchDB, Neo4j and Riak, complementing its existing support
for MongoDB, HBase and Cassandra. It also provided new or updated
certification for Hadoop distributions from Hortonworks, Cloudera,
MapR, Pivotal, Amazon and IBM (News - Alert).
Hadoop as the engine: The pioneer in MapReduce native code generation,
Talend added in 2013 the native use of YARN as the data integration
engine, allowing customers to immediately benefit from the superior
resource management that YARN offers. Unlike third party engines that
sit on top of Hadoop, Talend users directly benefit from the massive
scalability and elasticity built into the Hadoop platform with zero
overhead in scheduling, job management or platform deployment and
Native data quality on Hadoop: Building on its commitment to data
quality as being critical to data
integration, Talend supports big data quality generated as
MapReduce jobs, making it possible for computationally intensive data
quality tasks to be performed at an infinite scale.
Commitment to the Big Data Ecosystem
In addition to
supporting the latest platforms from partners such as Hortonworks,
Cloudera and MapR, Talend extended its reach with new or extended
support of key technologies such SAP (News - Alert) HANA, HP Vertica, Pivotal HD or IBM
PureData System for Hadoop.
In addition, Talend joined the Google Cloud Platform Partner
Program as a Technology Partner. By leveraging Talend Open Studio for
Big Data, organizations will be able to seamlessly combine the power of
Talend with Google (News - Alert) BigQuery's real-time big
data analytics, bringing the power of big data to all businesses via
Industry Awards & Recognition
Industry analysts and the
media credited Talend in 2013 as a technology visionary with tremendous
promise for continued success and innovation, underscoring Talend's
leadership position in the integration market:
Recognized by Gartner (News - Alert), Inc. in four Magic Quadrants - the "Magic
Quadrant for Data Integration Tools" report, the "Magic Quadrant for
Data Quality Tools" report, the "Magic Quadrant for Master Data
Management of Customer Data Solutions" report, and the "Magic Quadrant
for On-Premises Application Integration Suites" report.
Recognized by IDG's prestigious InfoWorld 2013 Bossie Awards as
providing one of "the best open source big data tools".
Named to UBM Tech Channel's inaugural CRN 2013 Big Data 100
Talend's integration solutions allow
data-driven organizations to gain instant value from all their data.
Through native support of modern big data platforms, Talend takes the
complexity out of integration efforts and equips IT departments to be
more responsive to the demands of the business, at a predictable cost.
Based on open source technologies, Talend's scalable, future-proof
solutions address all existing and emerging requirements of integration.
More than 4,000 enterprise customers worldwide rely on Talend's
solutions and services. Privately-held and dual-headquartered in Los
Altos, CA and Suresnes, France, the company has offices in North
America, Europe and Asia, along with a global network of technical and
services partners. For more information, please visit www.talend.com
and follow us on Twitter (News - Alert): @Talend.
[ Back To Technology News's Homepage ]