Analyst Coverage: Philip Howard
Reltio was formed in 2011 by a cadre of experienced MDM (Master Data Management) professionals. It was initially self-funded but since 2015 it has raised four rounds of funding. Prior to 2015 the company had relied on word of mouth for sales purposes but then started a direct sales programme, with offices now in the UK, Russia and India, as well as the United States, plus data centres in Ireland and Singapore. Users are spread across more than 140 countries.
The company had an initial focus on healthcare and life sciences and that has since been extended into the retail/distribution, media and high-tech sectors, along with the energy sector and government. Initial forays into financial services are now being made. Reltio also has a significant partner program with both ISVs (independent software vendors) and Systems Integrators such as Deloitte, Accenture, PwC, Tata Consultancy Services (TCS) and Cognizant, as well as with other technology suppliers.