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Former IBM EVP joins board to guide innovation and international expansion.
Quantexa, the high growth big data start-up, today announced Nick Donofrio, former EVP of Innovation and Technology at IBM, as their new Chairman. Donofrio will support the company’s ongoing strategy as it expands into international markets.
Quantexa, which raised $3.3 million in funding in March 2017, enables organisations to make better decisions from their data. Its revolutionary technology is based on the latest developments in Big Data software and uses real-time entity resolution with network analytics and AI to knit together vast and disparate data sets and derive actionable intelligence. The company is headquartered in London, with offices in Brussels and Sydney.
During his 44 year tenure at IBM, Nick was credited as a pioneer in technology innovation, leading the company’s global technology strategy and establishing IBM as a market leader.
Donofrio serves on several company boards, notably Liberty Mutual and Bank of New York Mellon. Additionally, he is a fellow of the Royal Academy of Engineering in the UK and was voted one of Business Week magazine’s 25 Top Innovation Champions.
On his appointment, Nick Donofrio said: “I am thrilled to be joining Quantexa at such an exciting time in their national and international growth. Their pioneering, revolutionary technology is quickly pushing them to the forefront of Entity Resolution and Network Generation and I am looking forward to working with the team as we continue to provide innovation and value to our clients.”
CEO of Quantexa, Vishal Marria, commented: “The market demand for truly understanding customers, their relationships and applying advanced analytics, continues to grow. Nick’s unrivalled experience in building market-leading technologies will ensure that Quantexa meets that demand and continues to deliver the best possible value to our customers. He joins the Quantexa team at an exciting time as we expand into new markets, including the U.S.”
COO of Quantexa, Imam Hoque, added: “I am delighted that Nick has chosen to join the Quantexa Board, highlighting the potentially transformational nature of Quantexa’s entity resolution and network analytics technology.”