Brussels/Munich. July 29th 2018.
Collibra, leader in data governance and catalog software, and xdi360, Munich based specialist for customer data management and data integration, today announced a long term cooperation. The business relation was initially started in 2017 with the goal to join forces in upcoming projects. Both companies have now decided to intensify the collaboration with a view to the extensive possibilities in the market for data governance.
According to a recent report by Research Cosmos the global market for data governance is estimated to grow from USD 863.2 Million in 2016 to USD 2,234.7 Million by 2021, at a high CAGR of 21.0 % during the forecast horizon. In a highly competitive environment it is key for medium-sized as well as for larger companies to know who is editing the data, where it is stored and how sensitive the data is – especially with regard to the GDPR, the General Data Protection Regulation of the European Union that has recently come into effect.
Together, Collibra and xdi360 can provide comprehensive solutions for all the issues mentioned above.
With its many years of experience in data governance Collibra enables companies to efficiently manage their data and supports them in defining standards, strict guidelines, responsibilities and control mechanisms for the employees working with the information. Collibra empowers their customers worldwide to build holistic data ecosystems of software, processes, people, and information so they can provide data that works for everyone. “Our flexible and configurable cloud-based or on-premises solution puts people and processes first – empowering every data citizen to find, understand and trust the data to unlock business value”, says Felix Van de Maele, co-founder and CEO of Collibra.
xdi360 has business relations with many DAX 30 and Euro Stoxx 50 companies like BMW, Porsche, Allianz and Volkswagen. They rely on the customer data management (CDM) specialists experience to get a 360-degree view on their data. Especially larger companies have to deal with a system landscape which has grown over years and therefore need customized solutions for their data. “Our business partners want to make more of the data they gather, and with the powerful tools of Collibra we can lay the foundation to help them achieve their aspirations ”, says Dr. Heiko Klarl, CEO of xdi360. “We can enable them to provide their customers with personalised content and offers on all relevant touchpoints like the smartphone, the PC and in the near future even the car.”