Open source data integration vendor Talend is planning to release a master data management product by the end of the year, as well as to offer a massively parallel processing architecture in current products, according to company executives.
With master data management (MDM), Talend is looking to resolve conflicts with data, such as a customer being defined in multiple ways in applications.
"MDM is about consolidating the data assets of the enterprise in a centralized and unique repository," said Yves de Montcheuil, Talend vice president of marketing.
Focusing on integration between databases and applications, the company currently offers Talend Open Studio and Talend Integration Suite. The suite is a commercial open source product in which code is visible but provided under an annual subscription license.
A massively parallel processing architecture planned for Open Studio and Integration Suite will "increase the speed and efficiency with which we process large volumes of data," de Montcheuil said. This architecture will be featured in version 3.1 of both Open Studio and Integration Suite this spring.
Open Studio was launched in October 2006 and has had 3.3 million downloads, Talend said. Offering connectors to 400 data sources, the company said it provides a tool for users who could not afford a much higher-priced proprietary product. A subscription price for Integration Suite is US$5,000 for one year.
Talend said it is taking away market share from tools such as Informatica PowerCenter and IBM WebSphere DataStage.
By offering its product under an open source format, vendor dependencies are decreased, according to Talend. The company leverages JDBC, ODBC, WSDL, SOAP, and REST.
Talend on Monday is announcing has secured US$12 million in Series C financing to help fund worldwide growth and expansion.