Collibra Expands Operations to Meet Global Growth in Emerging Data Governance
Company takes on Data Governance heavyweights with innovative “Data Authority” software
NEW YORK, March 25, 2014 /PRNewswire/ — Collibra, a pioneer in leveraging “data authority” to reduce error-prone subjective analysis and maximize the value of corporate data, announced today it is expanding its global operations with an office in New York City. The expansion is fueled by recent finance, pharmaceutical and utility customer wins, and interest arising from a new report from Bloor Research , which award Collibra and Trillium top marks in data governance – outranking established players like IBM, Informatica, SAS and SAP.
“When it comes to accuracy of a data analysis, the data itself is often not the real problem. People and their interpretation of the data is actually the real problem,” said Benny Verhaeghe, VP Sales and Marketing for Collibra. “Companies spend millions every year to fix errors caused by human subjectivity. We think that’s fundamentally the wrong approach. The whole concept of data authority eliminates human subjectivity from the beginning. The end result is data that’s more reliable and valuable to the business; it becomes a greater enterprise asset used to solve problems or to answer questions in the fastest most efficient way possible.”
With a clear focus on business needs, Collibra’s data authority approach to data governance is based on a unique set of tools that provide rigor and organizational structure designed to eliminate subjective data analysis in practices across all enterprise stakeholders and departments. This engenders a contextual and holistic framework that can then be used to generate more return from existing data, reduce operational costs and improve customer retention.
“More enterprises are turning to Collibra for help in optimizing their data governance processes,” said Stan Christiaens, Co-founder and Operations Director at Collibra. “Our data authority approach is about mastering control over your data so that all business stakeholders within an enterprise can have the benefit of analysis with less risk related to interpreted subjectivity. The expansion of our US operations and customer base is a direct reflection of the market demand for our solutions.”
“Collibra is a specialist in providing data governance capabilities,” notes the December 2013 Bloor Market Update – Data Governance. It continues: “Collibra could be used in conjunction with any of the other (structured) products that are available in the market.”
“Collibra’s software works in conjunction with structured data quality products available in the market, and has been tightly integrated with those provided by Trillium Software,” said Philip Howard, Research Director at Bloor Research. “What is different about Collibra is that it is focused on the processes involved in governing data while working with data quality products that are specifically concerned with the data itself. This makes Collibra a valuable addition for organizations that want to extract more value from their current and future data investments.”
About Collibra Collibra Corporation is the industry’s only global data governance provider founded to address data management from the business stakeholder perspective. Delivered through a cloud-based or on-premise solution, Collibra is the trusted data authority that provides data stewardship, data governance and data management for the enterprise business user. Combining entrepreneurial roots with software and artificial intelligence expertise, Collibra was named a Cool Vendor for Enterprise Information Management. Founded in 2008, Collibra is privately held with locations in in New York and Brussels, Belgium. For more information visit www.collibra.com .
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