Talend’s Next Chapter
Today we open a new chapter at Talend, in which we begin our journey from a $250M company to a $1 billion cloud market leader. Over the last six years, I've been honored to help build and lead the team that brought Talend from a $50M startup, through its IPO in 2016 to become a quarter-billion-dollar company. Together, we built one of the fastest-growing cloud businesses in the world. Now it's time for me to take a step back and welcome our new leader who will help propel Talend through its next growth phase. As of today, I'll be handing the reins over to Christal Bemont, who will become Talend's new CEO.
I'm thrilled to welcome Christal to Talend. She joins us from SAP Concur, where she was most recently its CRO and responsible for leading the global go-to-market team that grew its business into a multi-billion-dollar cloud market leader. Prior to being CRO, she spent 15 years at Concur in an expanding series of sales and leadership positions. During that time, she was instrumental in shaping the company’s go-to-market strategy, growing its largest global clients, and leading multiple sales teams to success at scale. She brings exceptional leadership skills along with unique expertise in scaling a large cloud business. This unique leadership experience is exactly the skill set we need to grow Talend into the $1B cloud market leader that I know we can become.
To win the lion's share of the exploding cloud data market, we also need to double down on our customer-first strategy. To spearhead that effort, we're bringing in Ann-Christel Graham to the newly-created position of Chief Revenue Officer and Jamie Kiser as Chief Customer Officer. AC and Jamie worked closely together with Christal at SAP Concur and bring significant cloud industry go-to-market expertise.
What does this new phase mean for our customers and partners? Talend has come this far in large part because our mission has always been to help our customers eliminate roadblocks in their journeys to becoming data-driven. As more companies migrate to the cloud, we believe those challenges will grow and become more complex. After all, data is everywhere: it's being generated by every system that companies use to power their businesses, and it's being collected at every customer touchpoint. Properly deployed, data can redefine a company's fortune and future, but it's often inaccessible, frequently bad, and in the case of customer data, extremely risky to manage.
As we pursue our next phase of growth and cement our leadership position, we'll continue developing a dynamic roadmap that removes the roadblocks data-driven customers face. As always, we'll play a vital role in ensuring the data that companies use to make critical business decisions is accessible, clean, and compliant—and we'll help companies do so wherever they are in their data journey. As we have over the past several years, we'll also work to ensure we're delivering not just the best product set for our customers, but also the best service and support capabilities worldwide.
We believe the cloud will drive the majority of our future growth, and the progress we've made in the past year positions us for unprecedented success. Our cloud business continues to grow well over 100%; it's now over half of what we sell and we're solving our customers’ most demanding cloud data requirements. We have an incredible team, a great product set and, in Christal, Ann-Christel and Jamie, new leaders with the expertise ideally suited to help us meet our goals. Our new team members have the go-to-market, cloud and leadership skills needed to tackle the challenges ahead. As a board member, I'll continue to participate in Talend's business and welcome you to stay in touch and let me know how your data journeys are progressing. I'm sure you all share my excitement and optimism for the future of the company and will welcome Christal, Ann-Christel, and Jamie in their new roles.