Starschema

Last updated

Starschema
Company type Private limited company
IndustryProfessional services
Founded2006 in Budapest, Hungary
Headquarters Arlington, VA,
United States
Key people
Services
Revenue
  • Increase2.svg US$ 14.2m
[1]  (2020)
Number of employees
  • Increase2.svg 250+
 (2020)
Divisions
  • Data science and Advanced Analytics
  • Data visualization
  • Data Engineering
  • Strategy
  • Intramural Research
Website starschema.com

Starschema Inc. is a global data services consultancy based in Arlington, VA with additional offices in San Francisco, Budapest and Szeged.

Contents

History

Founded in 2006 in Budapest, Hungary, Starschema initially worked for the European market. By the early 2010s, the company counted a number of Fortune 500 companies among its clients, including General Electric, Apple Inc. and Johnson & Johnson. [2] In 2016, the Government of Hungary awarded Starschema the Grand Prix for Innovation in IT, [3] and the company opened its US headquarters in the following year [4] after a $5m investment by the Central European venture capital fund PortfoLion. [5] Despite the COVID-19 pandemic, Starschema posted a revenue of $14.2m for the 2020 fiscal year. [1] On 14 January 2022, HCL Technologies announced an agreement to acquire Starschema for US$42,500,000(equivalent to $44,249,488 in 2023), subject to regulatory approvals from the Government of Hungary. [6] The acquisition was finalized on 6 April 2022. [7]

Services

Starschema's customer base has in recent years shifted towards a greater emphasis on the healthcare and life sciences portfolio. [8] Alongside large multinational corporations, Starschema also serves a range of NGOs, such as the UN's World Food Programme. [9] The company's global network of partners includes Amazon Web Services, [10] Snowflake Inc. and Tableau Software. The company's main practice areas are

Awards and recognition

The Financial Times ranked Starschema among the 1,000 fastest growing companies in Europe in 2019, [12] and the company was listed as one of the fifty fastest-growing technology companies in Central Europe by Deloitte. [13] In 2018, Aon Hewitt ranked Starschema as one of the best places to work in Hungary. [14]

Starschema's work in public health has been widely recognized, including the company's cooperation with PATH on malaria surveillance in Ethiopia, Zambia and Senegal. [15] During the COVID-19 pandemic, Starschema partnered with Snowflake Inc. to provide a comprehensive COVID-19 data set through Snowflake's Data Exchange. [16] [17]

Related Research Articles

<span class="mw-page-title-main">Economy of Hungary</span>

The economy of Hungary is a high-income mixed economy, ranked as the 9th most complex economy according to the Economic Complexity Index. Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) with a very high human development index and a skilled labour force, with the 22nd lowest income inequality by Gini index in the world. The Hungarian economy is the 53rd-largest economy in the world with $265.037 billion annual output, and ranks 41st in the world in terms of GDP per capita measured by purchasing power parity. Hungary has an export-oriented market economy with a heavy emphasis on foreign trade; thus the country is the 35th largest export economy in the world. The country had more than $100 billion of exports in 2015, with a high trade surplus of $9.003 billion, of which 79% went to the European Union (EU) and 21% was extra-EU trade. Hungary's productive capacity is more than 80% privately owned, with 39.1% overall taxation, which funds the country's welfare economy. On the expenditure side, household consumption is the main component of GDP and accounts for 50% of its total, followed by gross fixed capital formation with 22% and government expenditure with 20%.

<span class="mw-page-title-main">Foreign relations of Hungary</span>

Hungary wields considerable influence in Central and Eastern Europe and is a middle power in international affairs. The foreign policy of Hungary includes commitments to international development, international law, European integration, Atlantic co-operation and increased co-operation within the Global East. The Hungarian economy is fairly open and relies strongly on international trade.

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<span class="mw-page-title-main">Wizz Air</span> Low-cost airline of Hungary

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<span class="mw-page-title-main">HCLTech</span> Indian multinational technology company

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The Nemzeti Bajnokság, also known as NB I, is the top flight of Hungarian football league system. The league is officially named OTP Bank Liga after its title sponsor, OTP Bank.

<span class="mw-page-title-main">Hungarian Air Force</span> Air warfare branch of Hungarys military

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Telecommunications in Hungary include radio, television, fixed and mobile telephones, and the Internet.

<span class="mw-page-title-main">Péter Oszkó</span> Hungarian politician and jurist

Péter Oszkó Hungarian businessman, venture capitalist, and the Minister of Finance of the Bajnai administration in Hungary.

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<span class="mw-page-title-main">András Simor</span> Hungarian economist (born 1954)

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<span class="mw-page-title-main">Brain Bar</span>

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<span class="mw-page-title-main">Our Homeland Movement</span> Hungarian political party

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References

  1. 1 2 "Folytatódott a Starschema növekedése". ProfitLine.hu (in Hungarian). Retrieved June 25, 2021.
  2. Attila, Götz (January 23, 2017). "A fél Szilícium-völgynek egy magyar cég bányász adatokat". index.hu (in Hungarian). Retrieved June 25, 2021.
  3. "Elismerték a legjobb magyar fejlesztéseket". Világgazdaság (in Hungarian). March 29, 2017. Retrieved June 25, 2021.
  4. "Amerikában terjeszkedik a magyar big data cég". Computerworld (in Hungarian). Retrieved June 25, 2021.
  5. "Groundbreaking Hungarian Data Company Starschema to Receive $5 Million Investment". Hungary Today. February 20, 2018. Retrieved June 25, 2021.
  6. "HCL Technologies acquires Hungary's Starschema for $42.5 million". The Economic Times. Retrieved January 27, 2022.
  7. @starschemaltd (April 6, 2022). "As of today, Starschema is officially an HCL Technologies company" (Tweet). Archived from the original on April 8, 2022. Retrieved July 13, 2023 via Twitter.
  8. "Gyógyszeripari megrendelések tartják növekedési pályán a vezető magyar big data céget". ProfitLine.hu (in Hungarian). Retrieved June 25, 2021.
  9. "Élelmezési gondok: magyar big data cég segít a globális probléma megoldásában | Forbes.hu". forbes.hu (in Hungarian). July 30, 2020. Retrieved June 25, 2021.
  10. "AWS Partner Solutions Finder". partners.amazonaws.com. Retrieved June 25, 2021.
  11. "Services". Starschema. Retrieved June 25, 2021.
  12. Smith, Ian (March 1, 2019). "The FT 1000: third annual list of Europe's fastest-growing companies". www.ft.com. Retrieved June 25, 2021.
  13. "Deloitte: NNG shows how Hungarian startups can conquer the world – BBJ". BBJ.hu. Retrieved June 25, 2021.
  14. "Egyre csökken a munkavállalók lojalitása". www.origo.hu (in Hungarian). Retrieved June 25, 2021.
  15. "Big data's newest tool to fight malaria". Built In. Retrieved June 25, 2021.
  16. "Starschema launches COVID-19 dataset on Snowflake's Data Exchange". itbrief.co.nz. Retrieved June 25, 2021.
  17. "Starschema Brings Single Source of Truth for COVID-19 Incidence Data to Snowflake Data Exchange". Snowflake. Retrieved June 25, 2021.