Starburst, a leading data platform for AI-powered applications, has announced record-breaking financial results for FY25, showcasing exceptional growth driven by soaring enterprise demand.
Unprecedented Expansion in AI-Driven Data Solutions
The company has witnessed a 20% surge in net new customers and an astounding 76% year-over-year increase in Starburst Galaxy customers. This remarkable expansion reflects the growing reliance on AI-powered data solutions across industries.
Key Achievements in FY25
- Record-breaking global sales with substantial growth in North America and EMEA.
- A 94% increase in the adoption of Starburst Galaxy, the company’s flagship cloud-based data platform.
- Secured the largest deal in company history, a multi-year, eight-figure contract with a major global financial institution.
- Increased Annual Recurring Revenue (ARR) per customer to over $325,000.
- Currently serving 10 of the top 15 global banks as customers.
- Selected by Dell Technologies to power its analytics query engine for the Dell Data Lakehouse, supporting AI-driven applications.
Empowering AI-Powered Enterprise Solutions
Starburst’s CEO, Justin Borgman, highlighted how enterprises and governments worldwide are embracing their open, hybrid data lakehouse to fuel AI advancements. “There is no AI without data. Our technology enables organizations to govern and securely provide compliant data access for AI-driven workflows, whether on-premises or in the cloud.”
Transforming Financial Services & Cybersecurity
Several major financial institutions are leveraging Starburst’s capabilities, including:
- A leading multinational investment bank that built a real-time anti-money laundering data fabric using Starburst’s federated query access, enabling AI-powered fraud detection.
- HSBC, recognized for its innovative use of AI and data virtualization technology in developing a virtual data lake.
- Vectra AI, a cybersecurity leader, utilizing Starburst’s data platform to accelerate threat detection across cloud and SaaS applications.
Shaping the Future of AI-Driven Data Management
The company’s success in FY25 signals a larger industry trend—data-driven AI strategies are becoming the backbone of enterprise operations. As businesses seek advanced AI-ready infrastructures, Starburst remains a pivotal player in enabling secure, scalable, and efficient data management solutions.
For enterprises looking to enhance AI capabilities through effective data management, Next Pathway’s AI-powered data transformation platform is also revolutionizing the industry by accelerating cloud migration and AI readiness.
Starburst’s AI-driven solutions are shaping the next phase of enterprise data strategies, ensuring compliance, security, and seamless integration across platforms.
