Augmented data fabric specialist Stratio BD has appointed Alexandra Stefanovich as its first-ever Chief Marketing Officer to support the rapidly growing company’s ambitious international expansion plans.
The news comes as the Madrid-based scale-up has already built new teams in the UK and France months ahead of its official launches in those two countries in early 2023. The company is to continue introducing regional teams across Europe as it focuses on growth outside of Spain and Latin America, bringing its solutions and services closer to new and prospective clients.
Stratio BD was founded in 2014 by entrepreneurs Óscar Méndez Soto and Ernesto Funes. Since that time, the company has been universally recognised by analysts including Gartner and Forrester as an international leader in data fabric.
The company achieved 40 per cent growth last year, and boasts a plethora of major corporate clients including Santander, Barclays, P&G, BBVA, and Carrefour.
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The firm recently completed its Series C funding round worth EUR 65 million, and is using the funds to accelerate growth across European markets with a particular focus on the financial, banking, retail, and healthcare sectors. Stratio BD also plans to expand in North America, Asia, and the Middle East further down the line.
Its Stratio Augmented Data Fabric product is billed as one of the first platforms on the market to be entirely based on high-speed distributed technology. It provides businesses with a composable data management solution, enabling governance, virtualisation, and machine learning to multiply productivity of the companies that use it, reducing costs and time to a fraction of what they used to need.
Alexandra, who joins following an eight-year stint at American computer technology corporation Oracle, will use her new role to position Statio BD as the global leader in the Data Fabric space – both in terms of vision and commercially – while growing the company’s reach and customer base internationally.
Alexandra Stefanovich, Chief Marketing Officer, Stratio BD, said: “I’m honoured to be joining a team that has already managed to achieve so much within the data and AI space in just a short amount of time. The product Stratio BD has built is really ahead of the curve and the fact that they got so far with just word-of-mouth marketing is impressive, it speaks volumes on the product itself. Now with a team quickly forming into place we plan to leave no stone left unturned as we increase our visibility and customer reach globally.”
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Óscar Méndez Soto, CEO and Founding Partner, Stratio BD, added: “With Alex building Stratio BD’s marketing engine, I am excited about what the future holds for our accelerating international journey. Our customers in the banking, retail, and energy industries – among many others – need the tools to manage cosmic amounts of data often in real time in order to launch new, highly-personalised services for their clients. Our data management tool enables them to do just that. Stratio BD’s growth in new markets and expanding regional presence means we are perfectly positioned to help these businesses and others unlock true value from their data to grow and succeed to their fullest potential.”
Augmented data fabric specialist Stratio BD was founded in 2014 by fellow entrepreneurs Óscar Méndez Soto and Ernesto Funes. The Madrid, Spain-headquartered company was created to help businesses fully harness the power of data fabric and AI. Stratio BD’s Augmented Data Fabric Platform provides businesses with composable data management solutions, enabling governance, virtualisation, advanced analytics, and AI to multiply the productivity of companies that use it, reducing costs and time to a fraction of what they need. The product provides a range of functions, including simplifying data understanding for business users, providing knowledge graph representations, applying AI algorithms to augment data management tasks, and automating manual AI development. The platform also provides users with complete flexibility and scalability, allowing businesses to facilitate maximum performance under any peak workload.
Last year, Stratio BD completed its Series C funding worth EUR 65 million, led by InfraVia with participation from Adara (A and B-Series investor) and the founders. The company had reached critical mass in its historic markets of Spain and Latin America and is now leveraging the round proceeds to fund commercial expansion across Europe and eventually further afield in the USA, Asia, and the Middle East. Stratio BD was named Gartner’s Cool Vendor in Data Management in 2021 for its innovative augmented data fabric platform.
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