Jan 2009: Rapid Growth For Datactics, 7 new recruits and counting!
With exponential growth since 2004 and over £1million worth of investment, Datactics is expanding rapidly into new markets with 7 new members of staff. The company is planning a continued recruitment drive as it successfully extends its market share and spearheads key export markets.
Founded in 1999, Datactics has developed rapidly to become a leading provider of data cleansing and reporting solutions, working with customers such as Philips, Terex, Bank of Ireland, KPMG and a number of local authorities throughout the UK and globally.
The fast growth of the company attracted £1million worth of new investment from the Viridian Growth Fund, managed by Belfast-based Clarendon Fund Managers, and Thule Investments; this helped propel the company’s expansion.
Datactics is adding momentum to the very solid foundation it has created primarily by expanding the company’s marketing and sales resource, and strengthening new and existing partner relationships.
Market opportunities are continuing to grow for the company. Especially in this economic climate, businesses realize that accurate, complete and consistent data at their fingertips is a lifeline to revenue growth and competitive survival. Datactics enables them to increase operational efficiencies, optimize inventory and enable effective strategic business decisions.
The recent recruits are pioneering sales for the company in new markets such as Chicago and San Francisco. Introducing the new faces of Datactics:
"As companies feel the credit crunch, we are finding a rich seam using our product data quality management solution to help companies grow their revenue in a number of ways and make significant purchasing spend reductions both here and globally. The recent investment has enabled us to recruit the staff and skills that we need to take full advantage of these new and exciting opportunities." Jon Brooks, CEO, Datactics. Datactics doubled its 2007 turnover in 2008, and plans to take a greater market share in 2009.
About Datactics
Datactics data quality solutions equip the business user to build a unified, enhanced and accurate view of product, supplier, customer and financial data. Use of Datactics reduces manual data cleansing time and costs, creating faster time to market, driving revenue as well as reducing risk and costs. The company specializes in industries such as distribution, retail and manufacturing.
Datactics has over 10 years experience in the data quality industry. The company has gained industry recognition as a visionary within the Gartner Magic Quadrant for Data Quality Tools since 2007. Datactics has been recognized by Bloor Research and also by Information Difference in its Data Quality Landscape Report. Datactics has a strong portfolio of Fortune 500 customers and other leading organizations, and a worldwide partner network.
