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Paxata Names Industry Veteran Shankar Ganapathy as Vice President and Chief Revenue Officer

SAN JOSE, Calif., June 24, 2015 (GLOBE NEWSWIRE) -- Paxata, provider of the first enterprise-class Adaptive Data Preparation™ solution built for interactive, self-service data prep at scale, today announced it has appointed Dr. Shankar Ganapathy as Vice President and Chief Revenue Officer. Dr. Ganapathy will drive the company's long-term profitable revenue generation strategies and lead all field, sales operations and go-to-market teams.

“In our last quarter, we saw a 400% growth in revenue year over year. The market is hungry for our solution and we must accelerate our ability to fulfill that demand in a repeatable and predictable manner,” said Prakash Nanduri, Co-Founder and CEO of Paxata. “I am pleased to bring Shankar Ganapathy aboard to be the catalyst for this acceleration. As our new CRO, Shankar brings an impressive set of skills to our organization: extensive enterprise software sales cycle experience, a wealth of knowledge of international markets combined with a deep understanding of Business Intelligence, analytics and information management.”

Shankar joins Paxata from MicroStrategy where he was, as an early employee, integral to building out a highly effective go-to-market organization. He was, most recently, Senior Vice President in charge of the company’s Asia-Pacific & Japan operations and was instrumental in driving significant scale and growth in that business. Prior to that, Shankar developed and grew MicroStrategy’s Channels business globally and also held leadership positions in the company’s Professional Services business. Shankar was educated at the Indian Institute of Technology (Roorkee), MIT and Yale University. He holds an undergraduate degree in Chemical Engineering, multiple graduate degrees (MS, MPhil and PhD) and has completed Post-Doctoral studies in Engineering & Applied Science.

“I was initially attracted to Paxata because of their market-proven data preparation solution. The more I learned about their product, processes and people, and most importantly their focus on customers, the more excited I became about the opportunity of expanding Paxata's footprint to more customers and partners worldwide,” said Shankar Ganapathy. “The company has all the right ingredients for massive success and I am thrilled to be a part of that.”

In 2015, Paxata was awarded Best Places to Work 2015 by the San Francisco Business Times & Silicon Valley Business Journal, winner of DBTA 100 2015 - The Companies That Matter Most in Data, and CRN Big Data 100, a compilation of the top Big Data Infrastructure, Tools and Services, Business Analytics, Data Management, and Emerging Big Data Vendors.

About Paxata

Paxata is the first Adaptive Data Preparation solution built for information-driven organizations who want to make data worth analyzing. Business analysts, data scientists, developers, data curators and IT teams use Paxata to accelerate the cleansing, shaping, transforming and integration of all data into rich AnswerSets™ which power ad hoc, operational, predictive and packaged analytics.

Paxata’s platform, built on Hadoop and optimized to run on Apache Spark, delivers unparalleled scalability and a unified environment that promotes transparent governance and collaboration. Paxata customers engage with an interactive, self-service application powered by IntelliFusion™ and designed to eliminate the need for coding, scripting and sampling. The solution can be deployed in AWS cloud or within Hadoop environments at customer sites.

Paxata partners with industry-leading companies such as Amazon Web Services (AWS), Cloudera, InQ-Tel and Carahsoft, and seamlessly connects to BI tools, including Salesforce Wave, Tableau, Qlik and Microsoft Excel to greatly accelerate the time to actionable business insights. For more information on pricing and availability, please visit paxata.com.

Visit http://www.paxata.com, follow @Paxata, connect on linkedin.com/company/paxata, follow us at http://www.facebook.com/paxata and watch us on http://www.Youtube.com/PaxataTV.

Media Contacts: McCoin & Smith Communications Inc. chris@mccoinsmith.com rick@mccoinsmith.com 508-429-5988 978-433-3304

Source: Paxata