Trifacta has opened new offices in London and Berlin. Trifacta allows analysts, data scientists and line-of-business users to more productively wrangle diverse data – a process that can take up to 80% of the analysis cycle.
With Trifacta’s disruptive approach to data wrangling, users of varying technical abilities can discover, structure, clean, enrich, validate and publish data for analysis. Enterprises gain better insights and derive greater business value from their data. The office openings follow on 10 times revenue growth in Europe over the past year with users at more than 500 companies across 35 European countries. The office openings also include the expansion of key European-focused partnerships with Cloudera and Tableau.
Big data fuels the improvement and quality of decision making, and ultimately organisational performance, according to International Data Corporation (IDC), which sees the big data technology and services market in Western Europe growing to US$6.8 billion in 2018. By developing a local presence, Trifacta is better able to help European organisations capitalise on the big data opportunity.
Following tremendous success in the United States, including customer wins with global brands like PepsiCo, GoPro and LinkedIn, the European market will be fundamental to Trifacta’s plans for exponential growth in 2016. Trifacta allows enterprises to work more productively with data, helping to meet the needs of the growing big data market in Europe and establishing itself as the leading data wrangling software vendor in the region.
“We first met Trifacta through our Innovations Team on the ground in Silicon Valley, and were impressed from the outset with their ability to quickly derive value from diverse, unstructured data sets,” said Christian Neilssen, head of data and analytics at the Royal Bank of Scotland. “When we took a closer look and evaluated them against a range of large and small competitors, they stood out for their commitment to simplifying complex processes, something which is now really helping us to deliver great solutions for our customers. As such, we’re excited about the benefits we’ll see from the latest advances to Trifacta’s user interface and transformation workflow. With Trifacta as a partner, we are on our way to building a world-class data capability that will help us better understand and better serve our customers.”
Ovum’s ICT Enterprise Insights survey of 500 retail banks, 57% of the surveyed CIOs responded that using information for business insight is among the top-three important trends in their organisation for 2015. While there is a wealth of data for banks and financial institutions to use, working with huge, diverse data sets remains a challenge. With Trifacta, these organisations can cleanse and format data with standardised tools and processes, enabling them to reach their objectives of economies of scale and faster time to market.
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