DataWalk wants to grow at the current pace (revenues increased 96% y / y in 2021) in the following periods. To this end, he began scaling human resources and investing in the infrastructure necessary for scaling, informed president Paweł Wieczyński.
“According to market reports, Gartner predicts that graph-based data analytics will become mainstream as it is instrumental in the AI and Big Data revolution. By 2025, 80% of data and analytics innovations will benefit from graph technologies, up from 10% today. We strive to become the beneficiary of the coming wave. To enable development at the current pace in the coming periods, we have started scaling human resources and investing in the infrastructure necessary for scaling, ”said Wieczyński, quoted in the release.
Operating expenses of the DataWalk Group in 2021 amounted to PLN 37.38 million and increased by 68% y / y. The estimated net loss was PLN 1.65 million, compared to a loss of PLN 6.32 million in the previous year, it was also indicated.
DataWalk is a technological entity that, as one of the few in the world, has built an analytical product based on its own technology that solves global problems in the area of security. The DataWalk platform connects billions of objects from many sources, finding applications in the field of forensics in the public and financial sectors, including in the fight against crime (American agencies), frauds (insurers) and in the identification of frauds (central administration). The company has been listed on NewConnect since 2012, and in 2019 it made its debut on the main market of the Warsaw Stock Exchange.