Budgeting, Planning & Forecasting

Budgeting, Planning & Forecasting

February 02, 2012

Talend Achieved 103 Percent Growth in 2011

Talend, a global provider of open source data management software, reported an exceptional financial year in 2011. The company reported a 103 percent year-on-year growth over 2010. In addition, there was a significant addition to the company’s enterprise customer base. The company reportedly introduced a number of cutting-edge, open, innovative and cost-effective solutions and continued to contribute toward the growth of the open source community.  

At the beginning of 2011, Talend had 2000 enterprise customers. At the end of the year, the number grew to 3500 with downloads of its open source products reaching 20 million, accounting for more than 950,000 users.

In the past year, Talend’s product strategy was focused at extending its data management capabilities and providing an extensive integration solution for today’s enterprise customers. To keep with this strategy, the company significantly broadened its product and technology portfolio.

According to press release, Talend Unified Platform was introduced with an aim to bring together data management and application integration in the industry's first, integrated solution. Talend Version 5 was designed to bring together all Talend products into a single, holistic integration solution for the enterprise. The company also introduced Enterprise Service Bus to make ESB more affordable, accessible and easier to use for all types and sizes of enterprises.

Last but not least, the company came up with Talend Enterprise BPM to enable users to integrate business workflows into their existing application and data infrastructure while benefiting from a holistic integration solution. This BPM service is delivered through an OEM partnership with BonitaSoft (News - Alert), a leading provider of open source BPM solutions.

This remarkable growth, according to the company, can be attributed to an increased industry demand for open source integration solutions. With these achievements, the company was able to establish itself as a recognized provider of holistic and unified integration solutions.

“In 2011, Talend successfully morphed from a pure-play data management vendor into the only recognized provider of holistic -- and truly unified -- integration solutions, bringing open, innovative and cost effective solutions to companies of all sizes and helping them to democratize integration. Our open source DNA remained strong as we moved along this path, and we are extremely proud of Talend's renewed investment and contribution to the open source community,” Bertrand Diard, co-founder and CEO, noted in a statement.

He added, “As major shifts toward Cloud computing and Big Data overlay the strong markets of integration, analytics and data governance at an even accelerating speed, Talend's leadership position allows us to provide the best solutions to underpin these architectures and compete in the broad integration market,” 

Earlier, Talend announced the launch of its redesigned partner program, which has been designed to make it easier for organizations of all sizes to collaborate with Talend in bringing the benefits of data, application and process integration to their customers around the globe.

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Madhubanti Rudra is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Jennifer Russell

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