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Matillion Data Platform Users Achieve 271% ROI, Study Reveals

2024-02-20 22:03:03.092000

Irish technology consulting firm Auxilion has secured €8m in new deals following the launch of its new service management platform. The platform, which was launched in July, allows clients to collate data stored in different locations and features artificial intelligence capabilities. Auxilion has signed four contracts worth €8m, including several HPE GreenLake cloud solutions and service management support over the next three years. The company's UK expansion, which included a €4.6m investment in Sheffield, is expected to double its team in the UK to 160 employees by the end of 2024. Auxilion also has offices in Belfast, Warrington, and Telford.

A study by Forrester Consulting reveals that data engineers saved 70% of their time managing and maintaining pipelines while using Matillion Data Productivity Cloud. The study shows significant productivity gains and a 271% return on investment over three years for users of Matillion's data pipeline platform. Engineers also saved 60% of their time constructing pipelines. The study was conducted by Forrester and commissioned by Matillion. The research collected results from five anonymous sources from four customer data engineering departments. The study found that data teams are facing increasing demands, especially with the rise of AI. The study also found that 90% of data experts are searching for ways to lighten workload increments resulting from fragmented pipelines and overwhelming business requests. Key findings from the study include a three-year 271% ROI, a 60% saving in pipeline construction time, a 70% time-saving in management and maintenance of pipelines, 25% lower compute and infrastructure costs, and increased data analyst productivity by fulfilling data requests 60% faster. Matillion Data Productivity Cloud provided a four-fold increase in data request fulfillment over three years. [bbfd2199] [99998e7b]

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