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Amalto Technologies S.A. is a software development company based in Paris, France. The company develops and operates business-to-business (B2B) document exchange software solutions[buzzword] and provides system integration services. It serves the oil & gas, industrial, environmental and enterprise markets.[2]

Amalto Technologies is a private company owned by its management, employees and venture capitalists.[4] It has offices in the US (Houston), France (Paris) and Canada (Calgary).[2]

History

The company was founded in 2005 in Paris by four individuals who had either launched e-procurement projects as employees of oil and gas companies, or worked as suppliers to these companies and other operators.[5]

In 2008, Chevron selected Amalto's b2een solution[buzzword] to enable electronic transactions with its suppliers.[6]

In June 2009, Amalto Technologies closed a class A share sale to Succès Europe, a French angel investor holding.[7][8]

Amalto developed a master data management (MDM) product Xtentis by 2008.[9] It was based on a native XML database and leveraged open-source technology, such as eXist XML server and JBoss.[9][10]

In September 2009, Xtentis was acquired by Talend, a French open source software vendor.[11][12][13] In January 2010, the system was released as an open source product under name Talend MDM[14] (delivered as a free open source version Talend Open Studio for MDM and subscription-based Talend Platform for MDM). It became the first open source MDM solution[buzzword] on the market.[15]

In February 2011, the company launched Amalto e-Business Cloud, a B2B electronic document exchange solution[buzzword] for trading partner collaboration.[16]

On 6 April 2021, Sidetrade announced the acquisition of Almato for $16m.[17]

Products and services

Amalto's main offering is the e-Business Cloud, a private-cloud fully-managed solution[buzzword] supporting electronic B2B transactions with trading partners (clients, suppliers, logistics providers,…) and automating business processes such as Order-to-Cash.

Clients

Amalto provides services to such corporations as Chevron, GE Grid Solutions, Suez, Thales Group, Iron Mountain, Clean Harbors, National Oilwell Varco (NOV). As of 2011, over 20% of electronic invoices sent to Chevron by its suppliers were dispatched using software of Amalto.[5]

Amalto focuses on "mid tier" suppliers, which send hundreds of invoices per year, which is a lot of manual work, but not enough for them to justify investing in more expensive electronic data interchange (EDI) systems for handling purchases.[18] Amalto worked with such suppliers as Mullen Group,[19] Dixie Electric,[18] Complete Production Services,[20] Stallion Oilfield Holdings[21] and others.

Recognition

Amalto was rated by Gartner to be one of the three Cool Vendors in Platform and Integration Middleware in 2009.[4]

References

  1. ^ "Amalto Technologies (Amalto)". Societe.com (in French). Retrieved 18 November 2014.
  2. ^ a b c "Amalto Technologies Profile". Digital Energy Journal. Retrieved 18 November 2014.
  3. ^ "Portefeuille". succes-europe.com (in French). Succès Europe. Archived from the original on 29 November 2014. Retrieved 18 November 2014.
  4. ^ a b Malinverno, Paolo (17 March 2009). "Amalto Technologies - Cool Vendors in Platform and Integration Middleware, 2009" (PDF). Gartner. Retrieved 18 November 2014.
  5. ^ a b "Software service simplifies upstream e-commerce". Offshore Magazine. 71 (5). PennWell. 1 May 2011. Retrieved 18 November 2014.
  6. ^ "Sales, contracts and deployments". Oil Information Technology Journal. October 2008. Retrieved 18 November 2014.
  7. ^ "Done deals". Oil Information Technology Journal. July 2009. Retrieved 18 November 2014.
  8. ^ "Amalto Gets Funding Round". Texas TechPulse. June 30, 2009: socalTECH. 30 June 2009. Retrieved 18 November 2014.{{cite news}}: CS1 maint: location (link)
  9. ^ a b Hayler, Andy (4 January 2008). "MDM innovation is alive and well and living in France". Bloor. Retrieved 18 November 2014.
  10. ^ White, Andrew; Radcliffe, John; Wilson, Debbie (17 April 2009). "Vendor Guide: Master Data Management, 2009" (PDF). Gartner. Retrieved 18 November 2014.
  11. ^ Henschen, Doug (28 September 2009). "Talend Plans Open-Source Master Data Management Product". Information Week. Retrieved 18 November 2014.
  12. ^ Basyn, Dirk (28 September 2009). "Amalto revend sa brique MDM a Talend". Channel News (in French). Retrieved 18 November 2014.
  13. ^ Babcock, Charles (28 September 2009). "Talend Acquires Master Data Management Firm". InformationWeek. Retrieved 18 November 2014.
  14. ^ Henschen, Doug (10 November 2010). "Talend Acquires Open Source Service Bus". InformationWeek. Retrieved 18 November 2014.
  15. ^ Babcock, Charles (25 January 2010). "Talend Enters Master Data Managment [sic] Arena". Network Computing. InformationWeek. Archived from the original on 19 April 2015. Retrieved 18 November 2014.
  16. ^ "E-business solution providers Amalto, Ariba and Modulo move toolsets to the cloud". Oil Information Technology Journal. February 2011. Retrieved 18 November 2014.
  17. ^ "Sidetrade acquires Amalto". Sidetrade.
  18. ^ a b "PIDX – electronic standards for purchasing and safety" (PDF). Digital Energy Journal (13): 30–31. June–July 2008. Retrieved 18 November 2014.
  19. ^ "Mullen Group selects Amalto's e-invoicing solution". The Paypers. 4 December 2013. Retrieved 18 November 2014.
  20. ^ "Sales, contracts, partnerships". Oil Information Technology Journal. May 2011. Retrieved 18 November 2014.
  21. ^ "Oil and Gas Firm Inks Einvoicing Deal". Pymnts.com. 4 September 2014. Retrieved 18 November 2014.
source: https://en.wikipedia.org/wiki/Amalto