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Overview |
Talend is the first ETL open source software provider for data integration tools (ETL: Extract, Transform, Load)
The worldwide market today for ETL tools is valued at 13 billion dollars with business intelligence representing 2 billion dollars and operational integration
valued at 11 billion dollars. Across the globe, this dynamic area of the software industry has consistently posted double-digit growth. According to Metagroup,
the data storage market is expected to grow more than 45% per year.
Since the emergence of data integration tools some ten years ago, the market has been dominated by a limited number of traditional vendors proposing proprietary,
closed solutions, mainly reserved for the largest, most financially solid companies. Only 75,000 companies in the world use ETL tools to meet their data integration
needs. These solutions -- with steep starting costs at around 150,000 Euros - often require significant resources for their complex implementations and
on-going operations.
Additionally, companies are faced with the exponential growth in the volume and heterogeneity of data that needs to be managed and controlled. The challenge for IT
departments today is to assure data quality by using modeling tools, workflow management and storage, the foundations of data governance in any company today.
This competitive constraint is not limited to the largest enterprises, but rather faced by companies of all sizes.
Talend offers a completely new vision, both with its technology and its business model. The company provides solutions that break with the traditional proprietary
model by supplying open, innovative and powerful software solutions with the flexibility to meet the needs of companies of all sizes.
Finally, data integration solutions are available to companies of all sizes with Talend
After three years of research and development, Talend has established a solid financial structure on par with its ambitions. In June 2006, the company closed a
first round of financing for $3.7 million with major international investors. In a constantly evolving market, Talend's solutions break with the pack by
revolutionizing the world of data integration.
Talend has also received financial support from the Pouvoirs Publics, through their OSEO anvar organization, which provides support for innovative technology
projects with tangible commercial potential in France and international markets. The Pouvoirs Publics finance and assist small and medium-sized businesses
with promising, innovative projects by helping them maintain their technological advances, competitive edge and growth. Talend has also been granted the FCPI
label (Fonds Communs de Placement dans l'Innovation - Innovation Mutual Funds) after a detailed analysis of its innovation projects and the relevance of its
economic model. The «Innovative Enterprise» label gives the company access to join mutual funds comprised of start-up companies in the high-tech sector.
Over 70% of Talend's resources are focused on research and development, with a team of 30 seasoned professionals, including many world-renowned industry experts.
Talend's best-of-breed technology and first-class support services ensure that organizations have access to data integration tools, regardless of their size.
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