Baltic Amadeus in a Collab with Talend: Helping Organisations Manage Data Chaos2021 06 03
Commentary by Vitalis Kavaliauskas, Head of Technology at Baltic Amadeus.
The developer of unique IT solutions, Baltic Amadeus has signed an agreement with the company Talend (NASDAQ: TLND) that provides data management products. The solutions of this world-leading company allow organisations to manage data chaos by ensuring that the data stores across different systems are mutually compatible and fully correct. Talend also helps with the dilemma of processing data in strict legal compliance while at the same time providing their employees with the necessary access to that data.
The leader in data management has arrived in the Baltics
“Our partnership with Talend is a strategic step towards bringing top-tier solutions to the Baltic markets. The leading position of this service provider has been recognised by the global experts in business analytics, Gartner and Forrester, while Talend’s products are used by companies including Toyota, Siemens, HP, L’Oréal, Domino’s. The attractive and flexible pricing also makes their tools powerful and affordable for many organisations. We are excited to become the first ambassador for these products in the Baltic regions, and we are prepared to advise our clients on all aspects of using Talend’s products as well as the installation and maintenance of the solution,” said Vitalis Kavaliausias, Head of Technology at Baltic Amadeus.
In 2005, the US-based Talend launched its innovative data processing solutions on the market and became one of the first startups to use open code. Specifically, Talend’s proprietary Talend Open Studio data processing system became the first open-code tool with a commercial application. The company’s innovative mindset and ability to adapt to the latest trends allowed it to make an early jump aboard train for the cloud product development. Since the beginning of the pandemic, Talend’s stock price has been rising and is currently the highest it has been over the past 2.5 years, due to its solutions that mirror the market’s major concerns: smooth data management and security.A staggering 60% of organisations do not trust their data
There are many reasons why organisations are electing to use Talend’s products: legal compliance, development of exclusive experiences for clients, business optimisation, and improvement of the decision-making process. However, as often as not, the key purpose is to accelerate digital transformation and maximise the value of the company’s data.
Many corporate executives know that this process is difficult to achieve. The amount of systems that an organisation uses and the data stored in those systems is growing constantly, while the data is scattered all over the place: some of it is stored in the company’s own infrastructure, some in cloud computing, while some is still in the custody of the software provider. This abundance of data and the variety of sources and formats makes life hard for both IT specialists and the users of data. A staggering 60% of organisations say they do not trust their available data, believing that it may be incomplete, inaccurate or outdated. These are problems that Talend’s products can help resolve.
Cutting-edge and broad options to manage data
In the words of Mr Kavaliauskas, Talend helps manage data chaos by offering a single platform for all data management tasks: data collection, processing and management. It also transfers the data for further use in conventional business analytics, data science, or real-time integration into operational management systems. “For clients to be sure about the quality of the data and their own decisions, Talend provides a unique, machine-learning-based opportunity to see the reliability grade of the data and to obtain advice about how it should be corrected,” explained Mr Kavaliauskas.
An inherent strength of Talend is the possibility to manage data without remaining attached to a specific data storage site or database management system. This gives organisations the freedom to choose the location and method for storing their data, be it on the cloud or in their own infrastructure. These and other characteristics that Talend provides ensure that the organisation’s data is managed in a way that is just as efficient in terms of the IT costs.
Extra attention to safety
Talend’s products help manage large data flows, structure and update the data located in different systems, and ensure that this data is managed and stored safely. According to Mr Kavaliauskas, one advantage of the tools Talend has developed is a clear-cut data safety protocol: “It is a 16-step system, which allows companies to create a consistent data management process in which the preparedness of the company to work with the sensitive data of its clients plays a very important role.”
The installation of Talend is followed by an update to the corporation’s data management policy, where the first step is to establish the data processing policy, standards and control principles. The other fifteen steps involve the consistent development of a structured approach to data, the development of a data taxonomy, establishment of a data chain, system testing and other actions, which are completed by control mechanisms that guarantee compliance with the established rules. This creates a system that is both effective and clearly understood be every employee in the company.
“Today, Talend is a leader in the market and we are happy to be able to present their products to Baltic companies. For our own part, we a prepared to advise our clients on the deployment of these system solutions, as we believe that Talend’s tools can help a business improve its operational efficiency. This is because the system is designed to save time, human and financial resources,” said the Baltic Amadeus Head of Technology.
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