MANTA 2016: A New Home, New Challenges and a New Name

December 30, 2016 by
MANTA 2016: A New Home, New Challenges and a New Name

Only a few days are left. 2017 is knocking on our doors harder and harder. We, at MANTA, had a wonderful year, a really amazing one.

MANTA 2016: A New Home, New Challenges and a New Name

Only a few days are left. 2017 is knocking on our doors harder and harder. We, at MANTA, had a wonderful year, a really amazing one.

A New Home

So many things have happened. Let’s start where it ends. Just a few weeks ago we finally found a new office, a wonderful place on I.P. Pavlova square, very close to the historic center of Prague. It was so hard; it took more than six months to find something really appropriate. But this place is cool – under the roof, a lot of space and light and energy. It will become our new home, and we are very happy about it. It is our Christmas gift. The best place for the best team.

New Challenges

Data governance, metadata, and especially data lineage became very hot in 2016. There are many reasons why that happened, but we are excited to see how companies both in the US and Europe have started their governance programs. Also, vendors have become more active in this space and a lot has changed on the metadata market map. But what has remained the same is the need to harvest metadata in an automated way from many different kinds of systems, both old and new, most of the time implemented in the form of programming code.

And while this is a weak spot for all well-known metadata players, MANTA shines when it comes to code. So, that has led us to more and more partnerships with various technology vendors. We are well known for our integration with IMM, but as of this year we are also partners with two other market leaders – IBM and Teradata. We also support Microsoft SQL Server, and a few more additions to our technology stack are planned for the first months of 2017.

New Business and a New Name

But there are also other things that have made us happy. We have continued on our US journey and signed on several new customers there, some of them really huge like one of the TOP4 US banks and one of the TOP5 mutual funds in the world. It is not a surprise that we have been growing super fast. We tripled our revenue in 2016 and our pipeline has simply exploded.

This leads us to another major change – we have decided to drop the “Tools” from our name and became only MANTA. Everybody was calling us that anyway, so why resist the urge? We’ll tell you more about it in the first week of 2017.

But the best part was getting feedback from our customers. They like what we do and how we do it. And that has been the greatest message for the whole MANTA team. It keeps us moving forward and working hard to exceed their highest expectations.

Thank you for everything in 2016 and see you in 2017!

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