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Sumitomo Life Insurance Selects Talend to Build Company's Data Infrastructure

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Talend (NASDAQ: TLND) announced that Sumitomo Life Insurance Company, a leading insurer in Japan, has adopted Talend Data Fabric for enhancing its data analytics infrastructure. This partnership aims to establish a robust data analysis platform, known as the Sumisei Data Platform, to support innovative insurance products and services. Talend's capabilities in cloud implementation and data management were key factors in this collaboration. Sumitomo Life intends to leverage Talend's solutions to adapt to evolving customer needs and maintain competitiveness in the insurance market.

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  • Partnership with Sumitomo Life Insurance enhances Talend's market presence in Japan.
  • Sumitomo Life aims to create innovative insurance offerings using Talend's data solutions.
  • Talend Data Fabric supports the integration of diverse data systems into a unified platform.
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REDWOOD CITY, Calif. & TOKYO, Feb. 16, 2021 /PRNewswire/ -- Talend (NASDAQ: TLND), a global leader in data integration and data integrity, announced today that Sumitomo Life Insurance Company, one of the Japan's leading life insurance companies, has selected Talend Data Fabric for its data analytics infrastructure.

Sumitomo Life aims to become the most trusted and supported company by its stakeholders, including its customers, and to grow sustainably and stably. Sumitomo Life's vision is to offer advanced products to enable customers to live vigorously. To respond to that, the company is developing and delivering cutting-edge products that respond to its customers' current and expected futures needs in areas focusing on nursing care, medical insurance and retirement planning.

"With the trust from our customers as the starting point of all our activities, Sumitomo Life is providing optimal life insurance services to every person through the sound management of the insurance business," said Mr. Masakazu Ohta, General Manager in Charge of Information System Department at Sumitomo Life. "As a new approach, it was necessary to build a common foundation for big data management, and Talend is the driver. Talend's superiority in cloud implementation, development productivity, features, and licensing model convinced us to be part of this journey together."

To meet the needs of its customers and offer them innovative products and services, Sumitomo Life has decided to build a foundation for data analysis (Sumisei Data Platform) in the cloud for the promotion of new insurance products. The company evolved its legacy data environment to the new environment where they can store the data extracted from various systems both on-premises and effectively in the cloud.

In order to meet the needs of each individual customer and provide the best insurance for them, Sumitomo Life uses Talend Data Fabric as the hub of its data infrastructure. This manages data across the organization and integrates data into a data lake, which makes them able to utilize data across the company.

"We have been able to release projects with the continuous support of Talend, even amid the changing business environment in the Covid-19 crisis. We will continue to collaborate with Talend in order to actively promote company-wide data analysis projects," added Mr. Ohta.

"The insurance market is one of the most competitive sectors. By facing tight regulations and complex customer needs, companies must be at the forefront of innovation to offer even more services and new products to its customers," said Kenji Tsunoda, Country Manager Japan, at Talend. "Talend helped Sumitomo Life reinvent its data-driven infrastructure to provide a data management platform that enables the development of advanced products for its customers. We are delighted to support Sumitomo Life in the pursuit of their vision."

For more details on Talend and its complete portfolio of solutions, visit www.talend.com.

About Talend
Talend (NASDAQ: TLND), a leader in data integration and data integrity, is changing the way the world makes decisions. 

Talend Data Fabric is the only platform that brings together all the data integration and governance capabilities, to simplify every aspect of working with data. Talend delivers complete, clean, and uncompromised data in real-time to all. This unified approach to data has made it possible to create the Talend Trust Score™, an industry-first innovation that instantly assesses the reliability of any data set to bring clarity and confidence to every decision. 

Over 6,000 companies across the globe have chosen Talend to run their businesses on trusted data. Talend is recognized as a leader in its field by leading analyst firms and industry media. For more information, please visit www.talend.com and follow us on Twitter: @Talend. 

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SOURCE Talend Inc.

FAQ

What is the significance of Sumitomo Life's partnership with Talend (TLND)?

Sumitomo Life's partnership with Talend aims to enhance its data analytics infrastructure to develop innovative insurance products and services.

How will Talend (TLND) support Sumitomo Life's data management goals?

Talend will provide its Data Fabric platform to help Sumitomo Life integrate and manage data across its organization effectively.

When was the partnership between Talend and Sumitomo Life announced?

The partnership was announced on February 16, 2021.

What is the Sumisei Data Platform that Sumitomo Life is developing?

The Sumisei Data Platform is a cloud-based foundation for data analysis aimed at supporting new insurance products.

What role does Talend (TLND) play in Sumitomo Life's business strategy?

Talend is facilitating the transition of Sumitomo Life's data systems to enhance customer service and product offerings through advanced data analytics.

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