Talend is catching a tailwind from a larger shift toward open source technology and standards for software interoperability in the enterprise software space. The company is a founding member of the Open Solutions Alliance (OSA), an industry group that promotes the use of standards-based open source products in the enterprise, and recently announced an OEM agreement with open source BI vendor JasperSoft that combines Talend's ETL technology with JasperSoft's BI suite.
Like other open source companies, Talend makes its money through premium support, consulting, and training. So far, that business model shows promise. And CEO Diard predicts that the company's fortunes will grow as the benefits of data integration begin to filter down Fortune 100 and Fortune 500 firms to rank-and-file enterprises.
"We are already seeing integration work at companies that could not dream of data integration a few years ago," de Montcheuil sys.