Amidst the pandemic gloom, the Indian IT services sector has been spreading some cheer. Organizations are using technology to respond to the business challenges that have cropped up due to the COVID-19 pandemic. According to the latest Naukri JobSpeak report, the IT-Software sector has recordeda 14% sequential growth in hiring in May 2021 as compared to April 2021.
With an uptick in hiring trends in the IT sector this year, Acceldata plans to exponentially strengthen and expand its workforce in India by the end of 2021.
Founded in 2018, Acceldata, the world’s first enterprise data observability platform, helps data-driven enterprises achieve operational excellence, innovation agility, and higher returns on their data investment. Headquartered out of San Jose, Acceldata is founded by Rohit Choudhary, Founder & CEO and Ashwin Rajeeva, Co-Founder & CTO. In India, the company is based out of Bengaluru.
The company is backed by 3 prominent VCs – Sorenson Ventures, Lightspeed, and Emergent Ventures. In October 2020, the company raised $8.5 million in Series A funding, led by Sorenson Ventures with participation from Lightspeed and Emergent Ventures. In addition to the above, Acceldata investors include industry luminaries, such as Girish Mathrubootham, founder of Freshworks, and Ashish Gupta, co-founder of Helion VC.
Acceldata enables organizations to successfully adopt new technology, measure success and transform into data-driven enterprises that generate outsized ROIs. The organization offers three software solutions:
- Acceldata Pulse through which enterprises gain comprehensive visibility into all analytical processing engines. Over the years, Pulse has had great traction and is widely used by our premium clientele.
- Acceldata Torch, that provides enterprises with continuous and intelligent validation, quality, and lineage of structured, semi-structured, and unstructured data using ML algorithms.
- Acceldata Flow, which provides a basis for understanding and defining costing of a pipeline prior to its execution on a platform or in the cloud.
Some of the popular brands in Acceldata’s portfolio are GE Digital, PhonePe (Walmart), Pubmatic, Pratt & Whitney, DBS Bank, and Oracle.