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Paxata Accelerates International Growth Markets Expansion With Appointment of Shantanu Srivastava

REDWOOD CITY, Calif., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Paxata, provider of the only enterprise-grade self-service data preparation platform, today announced the appointment of Shantanu Srivastava as Senior Vice President and General Manager of International Growth Markets. In his role, Mr. Srivastava will be based in Paxata’s Singapore headquarters and will oversee key growth markets including Asia-Pacific, Japan, India, Middle East and Africa.

Paxata has made considerable progress in executing to its playbook of building out its Asia-centric international growth plan with Singapore serving as the hub of the company’s expansion efforts. In the past year alone the company has received funding from EDBI, the corporate investment arm of the Singapore Economic Development Board, established anchor customer relationships in Singapore and inked a critical partnership with Zalesia, Inc., the leading business intelligence provider in South Korea.

“From Paxata’s conception we have had two pronged growth strategy: demonstrate leadership in the United States and build upon that strength to expand into international growth markets. Partnering with EDB and EDBI Singapore, along with our partnership with Zalesia has proven that our focus on Asia first as a sunrise market for technology spend and investments is already delivering tangible results,” said Prakash Nanduri, CEO and Co-founder of Paxata. “Mr. Srivastava has a strong reputation and track record of excellence and is joining us at a critical juncture with an incredible foundation already in place. His unique talents and knowledge of the market will help take the business to the next level and allow us to capitalize on key trends in Asia like IoT where Paxata can add significant value.”

“Paxata’s proven track record as an enterprise-scale data preparation platform for global corporations and its strategic focus on public sector brings the company instant credibility with Asian corporations and government organizations who are looking to aggressively monetize their investments in data-related infrastructure,” remarked Shantanu Srivastava. “The Asia first strategy adopted by Paxata is a key differentiator and I am excited to join as we execute on our international growth plans.”

Mr. Srivastava brings over 20 years of experience in sales and general management across Asia Pacific. He most recently served as the Senior Vice President, Asia Pacific & Japan at MicroStrategy. During his time at MicroStrategy, he led the growth of business in the region, establishing new operations, recruiting a talented team, building channels, key accounts infrastructure and delivering double digit growth in revenue.

Prior to MicroStrategy, Mr. Srivastava spent nearly nine years in IBM (Cognos) in various sales and general management roles based out of Singapore and Hong Kong. He has also previously served in roles at Hyperion Solutions, Reuters and Ramco Systems. He holds an MBA from SDA Bocconi, Milan (Italy) and a Bachelor in Economics from St Xavier’s College, Mumbai (India).

About Paxata
Paxata is the only Adaptive Data Preparation™ platform for the enterprise. Paxata’s platform provides an interactive, analyst-centric data prep experience powered by a unified set of technologies designed from the ground up for comprehensive data integration, data quality, semantic enrichment, collaboration and governance. Information-driven organizations who want to make data worth analyzing use Paxata to explore, clean, shape, and combine all the data they need into rich AnswerSets™ which power ad hoc, operational, predictive and packaged analytics.

Paxata’s platform, built on Apache Spark and optimized to run in Hadoop environments, leverages distributed computing, machine learning and a dynamically visual workspace that promotes transparent governance and ad hoc collaboration. Paxata data prep, powered by IntelliFusion™, is designed to eliminate the need for coding, scripting and sampling. The solution is available as a service, and can be deployed in AWS virtual private clouds or within Hadoop environments at customer sites.

Paxata is headquartered in Redwood City with offices in New York, Ohio, Washington DC and Singapore. 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