Latest news with #Tredence
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Business Standard
a day ago
- Business
- Business Standard
Data analytics firm Tredence bets on GenAI to fuel growth over next 5 yrs
Avik Das Bengaluru Listen to This Article Data science and analytics firm Tredence, which recently became a unicorn and is valued at about $1.5 billion, is betting on the rapid adoption of generative artificial intelligence (Gen AI) projects to fuel its growth over the next five years, its co-founder Shashank Dubey said. 'If you use the multiple from our Series B fund raise, whatever the math we used while raising at that time, the same factor multiplied with my current revenue will value us at about $1.5 billion,' Dubey, who is also the head of analytics delivery, told Business Standard during an interaction. Backed by Advent International
Business Standard
10-06-2025
- Business
- Business Standard
Tredence Wins Fourth Consecutive Databricks Retail and CPG Partner of the Year Award at Data + AI Summit
PRNewswire San Francisco (California) [US], June 10: Tredence, a global data science and AI solutions company, today announced that it has been named the Databricks Retail & CPG (RCG) Partner of the Year for the fourth consecutive year. Trusted by 8 of the top 10 retailers and CPGs and recognized for driving last mile AI impact by modernizing data, industrializing GenAI, and scaling AI. Tredence was selected for their standout expertise in harnessing the Databricks Data Intelligence Platform and deep domain expertise to drive exceptional value for retail and CPG clients. Presented at the annual Databricks Data + AI Summit, the award celebrates Tredence's exceptional contributions to modernizing data and AI infrastructure, accelerating GenAI implementation, and scaling AI adoption across some of the world's largest retailers and consumer brands, collectively generating over $2T in global revenue. Over the past year, Tredence has demonstrated an unparalleled commitment to helping Retail and CPG enterprise organizations build data intelligence through its collaboration with Databricks, the Data and AI company. "Tredence is the AI expert driving the Data & AI strategy for 8 of the top 10 global retailers. Together with Databricks, we're helping industry leaders modernize their data foundations, enhance governance, and operationalize GenAI," said Morgan Seybert, President and Chief Business Officer of Retail at Tredence. "Backed by our unified retail data model, 150+ AI/ML accelerators, and 12+ GenAI agents, we're solving complex data science and data engineering challenges at scale." "In CPG, speed and precision drives growth. We help brands unlock growth by bridging the gap between insight and action--using Agentic AI, predictive forecasting and connected data to optimize every shelf, in every market," said Sagar Balan, Chief Business Officer of CPG at Tredence. "Our collaboration with Databricks is helping CPG leaders turn insights into immediate business impact. This is where data stops being passive and starts delivering value that compounds." In FY25, Tredence and Databricks helped leading retail and CPG enterprises drive business value across three core areas: * Modernization that delivers: Unlocked $220M EBITA, $13M in labor savings, and a 10%+ improvement in forecast accuracy for a leading grocery chain in the U.S. * Monetization through intelligent activation: Enabled $58M+ in retail media network revenue, reduced platform licensing costs by 30-50%, and achieved 3-5X acceleration in time-to-insight for marketing and CX teams for a major American retailer. * Industrialization of AI and GenAI: Scaled enterprise-wide GenAI leading to 3X faster adoption, 30% productivity boost, 100% compliance for a leading CPG enterprise. "Tredence continues to push the boundaries of how data and AI unlock value for our joint clients in retail and CPG," said Matt Jackson, Vice President of Sales, Retail & Consumer Goods at Databricks. "Their focus on last-mile analytics impact, coupled with a powerful library of Brickbuilder Solutions, is helping RCGs move faster--from data to decision." Adding to this honor, Tredence was also awarded the Databricks Growth Partner of the Year for the Americas, reaffirming its position as the trusted Data & AI partner to leading enterprises across the region. About Tredence Tredence is a global data science and AI solutions provider focused on solving the last-mile problem in AI - the gap between insight creation and value realization. Tredence leverages deep domain expertise, data platforms and accelerators, and strategic partnerships to provide targeted, impactful solutions to its clients. The company has 3,500+ employees across San Francisco Bay Area, Chicago, London, Toronto, and Bengaluru, serving top brands in Retail, CPG, Hi-tech, Telecom, Healthcare, Travel, and Industrials.
Business Standard
10-06-2025
- Business
- Business Standard
Tredence Awarded 2025 Databricks Growth Partner of the Year for the Americas at Data + AI Summit
PRNewswire San Francisco (California) [US], June 10: Tredence, a global leader in data science and AI solutions, is honored to announce its recognition as the 2025 Databricks Growth Partner of the Year for the Americas. Presented at the annual Data + AI Summit, the award highlights Tredence's impactful achievements and forward-thinking innovation in driving scalable AI transformation across industries. This recognition is powered by Tredence's partnership with Databricks, which enables enterprises to accelerate value realization and drive decision intelligence at scale. Recognized for bridging the 'Last Mile' in AI and accelerating RoI realization and growth for enterprises in the Americas through industry-specific Data and AI solutions. Over the past year, Tredence has deepened its partnership with Databricks to help enterprises modernize their data estates, unlock real-time insights, and operationalize AI across critical business functions. Tredence and Databricks' collaboration has resulted in measurable impact for joint customers across retail, CPG, healthcare, TMT, Travel & Hospitality and industrial sectors, empowering them to move beyond experimentation and scale AI solutions that drive profitability, efficiency, and innovation. Backed by elite partner status, Tredence's investment in a robust Databricks Business Unit, coupled with a growing pool of 600+ Databricks-certified practitioners, reinforces its commitment to delivering repeatable, scalable, and outcome-focused transformations for global enterprises. "Being named the Growth Partner of the Year for the Americas is a strong validation of the trust our clients and partners place in us - and a powerful affirmation of our commitment to delivering what we call 'Beyond Possible'. We're accelerating enterprise-wide AI impact across the Americas, fueled by a sharp industry lens and bold innovation in partnership with Databricks. As we expand our footprint in the Americas, we remain committed to advancing innovation and helping clients lead with data and AI at the core of how they reimagine business at scale," said Shashank Dubey, Chief Revenue Officer, and Co-founder at Tredence. "AI's true test is in the last mile--where strategy becomes progress. That's where Tredence delivers," added Rakesh Sancheti, Chief Growth Officer at Tredence. "Winning the Growth Partner of the Year award for the Americas reaffirms our belief that sustained enterprise modernization begins when AI moves from experimentation to execution. Our partnership with Databricks has been instrumental in helping clients accelerate their modernization journeys by delivering scalable, production-ready, industry-specific solutions that drive impact at the point of decision-making." "With bold vision and strong execution, Tredence is helping enterprises move from data complexity to clarity by delivering industry-aligned solutions that scale to real-world needs. Our partnership is one rooted in shared values of innovation, customer-centric leadership, and operational excellence, and we are proud to recognize Tredence as our Growth Partner of the Year for the Americas," said Jason McIntyre, VP, Partner Development at Databricks. The Tredence's partnership with Databricks continues to shape enterprise innovation across the Americas. The joint efforts are unlocking real-world value for enterprises across industries. * Retail: Realized $58M+ in RMN revenue, reduced platform licensing costs by 30-50%, increased 3-5X in time-to-insight for marketing and CX teams. * Consumer Goods: Reduced platform costs by 40% across international markets through Lakehouse modernization and accelerated planning cycles by 25-35%. * Healthcare: Enabled a major healthcare provider to achieve 35% faster data processing through a strategic cloud migration. * Pharma: Deployed Smart Manufacturing Command Center to cut maintenance costs by 19%, boost throughput by 12%, and speed up root cause analysis by 40%. Adding to this honor, Tredence was also awarded the Databricks Retail & CPG Partner of the Year for the fourth consecutive time, reaffirming its position as the trusted AI partner to the world's leading retail and CPG enterprises. To learn more about the Tredence - Databricks partnership, visit Join us at the Data + AI Summit in San Francisco from June 9-12 at booth #664, to explore how we're helping enterprises lead with data and AI. About Tredence Tredence is a global data science and AI solutions provider focused on solving the last-mile problem in AI - the gap between insight creation and value realization. Tredence leverages deep domain expertise, data platforms and accelerators, and strategic partnerships to provide tailored, cutting-edge solutions to its clients. The company has 3,500+ employees across San Francisco Bay Area, Chicago, London, Toronto, and Bengaluru, serving top brands in Retail, CPG, Hi-tech, Telecom, Healthcare, Travel, and Industrials.
Yahoo
10-06-2025
- Business
- Yahoo
Tredence Awarded 2025 Databricks Growth Partner of the Year for the Americas at Data + AI Summit
Recognized for bridging the 'Last Mile' in AI and accelerating RoI realization and growth for enterprises in the Americas through industry-specific Data and AI solutions. SAN FRANCISCO, June 10, 2025 /PRNewswire/ -- Tredence, a global leader in data science and AI solutions, is honored to announce its recognition as the 2025 Databricks Growth Partner of the Year for the Americas. Presented at the annual Data + AI Summit, the award highlights Tredence's impactful achievements and forward-thinking innovation in driving scalable AI transformation across industries. This recognition is powered by Tredence's partnership with Databricks, which enables enterprises to accelerate value realization and drive decision intelligence at scale. Over the past year, Tredence has deepened its partnership with Databricks to help enterprises modernize their data estates, unlock real-time insights, and operationalize AI across critical business functions. Tredence and Databricks' collaboration has resulted in measurable impact for joint customers across retail, CPG, healthcare, TMT, Travel & Hospitality and industrial sectors, empowering them to move beyond experimentation and scale AI solutions that drive profitability, efficiency, and innovation. Backed by elite partner status, Tredence's investment in a robust Databricks Business Unit, coupled with a growing pool of 600+ Databricks-certified practitioners, reinforces its commitment to delivering repeatable, scalable, and outcome-focused transformations for global enterprises. "Being named the Growth Partner of the Year for the Americas is a strong validation of the trust our clients and partners place in us - and a powerful affirmation of our commitment to delivering what we call 'Beyond Possible'. We're accelerating enterprise-wide AI impact across the Americas, fueled by a sharp industry lens and bold innovation in partnership with Databricks. As we expand our footprint in the Americas, we remain committed to advancing innovation and helping clients lead with data and AI at the core of how they reimagine business at scale," said Shashank Dubey, Chief Revenue Officer, and Co-founder at Tredence. "AI's true test is in the last mile—where strategy becomes progress. That's where Tredence delivers," added Rakesh Sancheti, Chief Growth Officer at Tredence. "Winning the Growth Partner of the Year award for the Americas reaffirms our belief that sustained enterprise modernization begins when AI moves from experimentation to execution. Our partnership with Databricks has been instrumental in helping clients accelerate their modernization journeys by delivering scalable, production-ready, industry-specific solutions that drive impact at the point of decision-making." "With bold vision and strong execution, Tredence is helping enterprises move from data complexity to clarity by delivering industry-aligned solutions that scale to real-world needs. Our partnership is one rooted in shared values of innovation, customer-centric leadership, and operational excellence, and we are proud to recognize Tredence as our Growth Partner of the Year for the Americas," said Jason McIntyre, VP, Partner Development at Databricks. The Tredence's partnership with Databricks continues to shape enterprise innovation across the Americas. The joint efforts are unlocking real-world value for enterprises across industries. Retail: Realized $58M+ in RMN revenue, reduced platform licensing costs by 30-50%, increased 3-5X in time-to-insight for marketing and CX teams. Consumer Goods: Reduced platform costs by 40% across international markets through Lakehouse modernization and accelerated planning cycles by 25–35%. Healthcare: Enabled a major healthcare provider to achieve 35% faster data processing through a strategic cloud migration. Pharma: Deployed Smart Manufacturing Command Center to cut maintenance costs by 19%, boost throughput by 12%, and speed up root cause analysis by 40%. Adding to this honor, Tredence was also awarded the Databricks Retail & CPG Partner of the Year for the fourth consecutive time, reaffirming its position as the trusted AI partner to the world's leading retail and CPG enterprises. To learn more about the Tredence – Databricks partnership, visit Join us at the Data + AI Summit in San Francisco from June 9–12 at booth #664, to explore how we're helping enterprises lead with data and AI. About Tredence Tredence is a global data science and AI solutions provider focused on solving the last-mile problem in AI – the gap between insight creation and value realization. Tredence leverages deep domain expertise, data platforms and accelerators, and strategic partnerships to provide tailored, cutting-edge solutions to its clients. The company has 3,500+ employees across San Francisco Bay Area, Chicago, London, Toronto, and Bengaluru, serving top brands in Retail, CPG, Hi-tech, Telecom, Healthcare, Travel, and Industrials. For more information, visit and follow us on LinkedIn. Photo: View original content: Sign in to access your portfolio
Yahoo
10-06-2025
- Business
- Yahoo
Tredence Wins Fourth Consecutive Databricks Retail and CPG Partner of the Year Award at Data + AI Summit
Trusted by 8 of the top 10 retailers and CPGs and recognized for driving last mile AI impact by modernizing data, industrializing GenAI, and scaling AI. SAN FRANCISCO, June 10, 2025 /PRNewswire/ -- Tredence, a global data science and AI solutions company, today announced that it has been named the Databricks Retail & CPG (RCG) Partner of the Year for the fourth consecutive year. Tredence was selected for their standout expertise in harnessing the Databricks Data Intelligence Platform and deep domain expertise to drive exceptional value for retail and CPG clients. Presented at the annual Databricks Data + AI Summit, the award celebrates Tredence's exceptional contributions to modernizing data and AI infrastructure, accelerating GenAI implementation, and scaling AI adoption across some of the world's largest retailers and consumer brands, collectively generating over $2T in global revenue. Over the past year, Tredence has demonstrated an unparalleled commitment to helping Retail and CPG enterprise organizations build data intelligence through its collaboration with Databricks, the Data and AI company. "Tredence is the AI expert driving the Data & AI strategy for 8 of the top 10 global retailers. Together with Databricks, we're helping industry leaders modernize their data foundations, enhance governance, and operationalize GenAI," said Morgan Seybert, President and Chief Business Officer of Retail at Tredence. "Backed by our unified retail data model, 150+ AI/ML accelerators, and 12+ GenAI agents, we're solving complex data science and data engineering challenges at scale." "In CPG, speed and precision drives growth. We help brands unlock growth by bridging the gap between insight and action—using Agentic AI, predictive forecasting and connected data to optimize every shelf, in every market," said Sagar Balan, Chief Business Officer of CPG at Tredence. "Our collaboration with Databricks is helping CPG leaders turn insights into immediate business impact. This is where data stops being passive and starts delivering value that compounds." In FY25, Tredence and Databricks helped leading retail and CPG enterprises drive business value across three core areas: Modernization that delivers: Unlocked $220M EBITA, $13M in labor savings, and a 10%+ improvement in forecast accuracy for a leading grocery chain in the U.S. Monetization through intelligent activation: Enabled $58M+ in retail media network revenue, reduced platform licensing costs by 30–50%, and achieved 3–5X acceleration in time-to-insight for marketing and CX teams for a major American retailer. Industrialization of AI and GenAI: Scaled enterprise-wide GenAI leading to 3X faster adoption, 30% productivity boost, 100% compliance for a leading CPG enterprise. "Tredence continues to push the boundaries of how data and AI unlock value for our joint clients in retail and CPG," said Matt Jackson, Vice President of Sales, Retail & Consumer Goods at Databricks. "Their focus on last-mile analytics impact, coupled with a powerful library of Brickbuilder Solutions, is helping RCGs move faster—from data to decision." Adding to this honor, Tredence was also awarded the Databricks Growth Partner of the Year for the Americas, reaffirming its position as the trusted Data & AI partner to leading enterprises across the region. About Tredence Tredence is a global data science and AI solutions provider focused on solving the last-mile problem in AI – the gap between insight creation and value realization. Tredence leverages deep domain expertise, data platforms and accelerators, and strategic partnerships to provide targeted, impactful solutions to its clients. The company has 3,500+ employees across San Francisco Bay Area, Chicago, London, Toronto, and Bengaluru, serving top brands in Retail, CPG, Hi-tech, Telecom, Healthcare, Travel, and Industrials. For more information, visit and follow us on LinkedIn. Photo: View original content: Sign in to access your portfolio
