Databricks sees over 70% annual growth in the A/NZ market as enterprise AI booms

Databricks sees over 70% annual growth in the A/NZ market as enterprise AI booms

Databricks, the Data and Artificial Intelligence (AI) company, today announced it has experienced over 70% year-over-year growth for its Australia and New Zealand (A/NZ) business over the last fiscal year, driven by a surge in demand for data and AI capabilities among Australian enterprises.

Globally, Databricks reached over US$1.6 billion in revenue for its fiscal year ending January 31, representing over 50% year-over-year growth, driven by rapid product innovation. Databricks also completed a series of acquisitions in its most recent fiscal year, including the purchases of MosaicML, Arcion, Okera, Einblick, and Rubicon.

These acquisitions, as well as Databricks’ recently-announced investment and Series A funding of Mistral AI, have positioned the company as the platform to help enterprises take advantage of generative AI – securely and with their own proprietary data.

This past fiscal year, Databricks also experienced significant growth in new A/NZ customers, including Seven West Media, Colonial First State, and the National Rugby League, and has also more than doubled its partners in the A/NZ region.

“In my first year with Databricks, I’ve had the pleasure to work with such a strong ecosystem of customers and partners in ANZ,” said Adam Beavis, Vice President and Country Manager for Databricks in A/NZ. “Data and AI are key enablers for businesses to differentiate themselves from their competition, and it’s incredibly exciting to work with data-forward and innovative companies across the region. I’ve also been blown away by the speed of innovation from our product teams, and the diligent work of our team here on the ground in Australia and New Zealand,” Beavis added.

“Our goal is to fuel our business with data at speed and at scale in a highly secure way.  Databricks is a strategic enabler of our data strategy, helping to drive standardisation and efficiencies in providing data in a reliable way. It allows our banking experts to focus on the things that make a difference to our customers, knowing they have all the information they need to drive high-quality relationships and a truly great experience,” said Joanna Gurry, Executive, Data Platforms, NAB.

“We’re seeing a high level of demand from clients across Australia and New Zealand to leverage Databricks’ platform to unlock the value from artificial intelligence and machine learning use cases,” said James Hayes, Mantel Group Data Partner. “As Databricks’ Regional Partner of the Year we have an incredible working relationship which is getting stronger as we work together to deliver real impact and value to more organisations.”

To continue bringing together a community of AI leaders, Databricks has launched a series of Data Intelligence days across ANZ. Last week, data and AI leaders and Databricks customers including The Reece Group, Sportsbet, and Future Fund gathered in Melbourne to share their data and AI transformation stories. Databricks kicked off the ANZ event roadshow in Perth on March 14 with data-forward enterprises South32, Synergy, Roy Hill, and Catholic Education Western Australia, which shared best practices and learnings with attendees.

Upcoming Data Intelligence Days in Australia & New Zealand:

  • Auckland Data Intelligence Day – 9 May, 2024
  • Brisbane Data Intelligence Day – 14 May, 2024