{"id":12787,"date":"2015-03-17T10:28:05","date_gmt":"2015-03-17T10:28:05","guid":{"rendered":"http:\/\/www.businesscloudnews.com\/?p=218641"},"modified":"2015-03-17T10:28:05","modified_gmt":"2015-03-17T10:28:05","slug":"cloud-based-data-management-provider-reltio-scores-10m","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/cloud-based-data-management-provider-reltio-scores-10m\/","title":{"rendered":"Cloud-based data management provider Reltio scores $10m"},"content":{"rendered":"<div id=\"attachment_151092\" class=\"wp-caption alignright\" style=\"width: 310px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-151092 \" alt=\"Reltio scored $10m, which will be used to expand its sales and marketing efforts\" src=\"http:\/\/www.businesscloudnews.com\/wp-content\/blogs.dir\/122\/files\/2013\/08\/Cloud-database.jpg\" width=\"300\" height=\"244\" \/><\/p>\n<p class=\"wp-caption-text\">Reltio scored $10m, which will be used to expand its sales and marketing efforts<\/p>\n<\/div>\n<p>Reltio, a startup founded by Informatica veterans, has secured $10m in its first round of funding and announced the launch of its cloud-based data management platform.<\/p>\n<p>Much like the integration element Informatica specialises in, Reltio is pitching its services at those that don\u2019t necessarily want to acquire and set up all of the front-end and back-end big data tools in piecemeal, siloed fashion, but instead want an integrated platform that can query, analyses and display multiple data types.<\/p>\n<p>The company said its data management\u00a0platform is designed for those accustomed to using services like Facebook or Linkedin, but within traditionally data-intense industries like healthcare and life sciences, oil and gas, retail and distribution.<\/p>\n<p>\u201cData is the new natural resource, but it&#8217;s truly valuable only when it&#8217;s effectively mined, related and transformed into insight with business actions that can be taken within the context of day-to-day operations,\u201d said Manish Sood, founder and chief executive officer of Reltio.<\/p>\n<p>\u201cWith Reltio, data is collated and analysed for actionable intelligence with the speed needed to support innovation and spark new revenue streams. IT gets a modern data management platform while business users get easy to use data-driven applications to address their everyday needs,\u201d Sood said.<\/p>\n<p>The company was founded largely by Informatica data management specialists: Sood led product strategy for master data management at Informatica; Anastasia Zamyshlyaeva, chief architect for Reltio, helped design the core components of Informatica\u2019s MDM offering; Curt Pearlman, vice president of solutions, previously held positions in sales consulting with Informatica, as did Bob More, Reltio\u2019s senior vice president of sales.<\/p>\n<p>Reltio is throwing its hat into an increasingly competitive but lucrative ring. Analyst firm IDC estimates spending on big data and analytics will reach $125bn in 2015, with Database-as-a-Service growing in importance as cloud and commercial vendors open up their data sets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reltio, a startup founded by Informatica veterans, has secured $10m in its first round of funding and announced the launch of its cloud-based data management platform.<\/p>\n","protected":false},"author":105,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[156,1986,656,1142,519,1987,1976,1988],"tags":[],"class_list":["post-12787","post","type-post","status-publish","format-standard","hentry","category-big-data","category-data-managementd","category-database","category-funding","category-idc","category-manish-sood","category-news-analysis","category-reltio"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/12787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/105"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=12787"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/12787\/revisions"}],"predecessor-version":[{"id":12788,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/12787\/revisions\/12788"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=12787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=12787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=12787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}