Big Data/Software

Big Data boom sparks record revenue for Talend

Software Eleanor Burns

15:34, November 17 2015

News: CEO Mike Tuchen declares Talend the 'juggernaut' of big data which 'no other company can match'.

The exponential growth of data has certainly benefitted Talend, with the company reporting record company revenues for Q3.

With little else reported from the company's Q3, bar the 136% year-to-date rise in Talend Big Data subscription bookings, the company CEO was keen to assert the company's big data dominance.

"Talend's Big Data business is a juggernaut that is experiencing rapid growth and is now driving 40 percent of our overall sales," said Mike Tuchen, CEO, Talend.

"Our lead over the competition continues to widen as a result of our ability to execute and deliver significant customer value. No other company can match Talend's real world Big Data experience or provide the performance, scale and real-time support that we offer today."

The company did add that Q3 also saw international expansion, with direct sales capabilities added in Canada and Australia. The company plans to broaden its presence in Europe, initiating direct sales in the Nordics and South East Asia later this year and into early 2016.

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