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Ayasdi Names SAP Executive as Worldwide VP of Sales

PALO ALTO, CA — (Marketwired) — 10/22/13 — Ayasdi () today announced that joined the company as the VP of Sales. He is responsible for all Sales and Business Development functions in the company and reports directly to , Co-Founder and CEO of Ayasdi. Shane joins Ayasdi from SAP Americas where he was the VP of Sales responsible for high-tech and manufacturing, including responsibility for selling HANA, SAP-s analytics and Big Data platform.

“Shane not only deeply understands how to successfully drive exponential growth, but he is also passionate about helping our customers find answers to the most complex and expensive problems that they face,” said Gurjeet Singh, Co-Founder and CEO of Ayasdi. “Shane joins Ayasdi at an exciting time. We-ve assembled an experienced leadership team, secured more than $40 million in funding, and seeing strong demand from the market. Adding Shane will help us take the business to the next level.”

Shane spent the past 7 years at SAP and was part of the business analytics and technology sales effort that launched SAP HANA — driving sales and customer adoption from product launch to maturity — and propelled it into a market leadership position. Prior to joining SAP, Shane was part of the founding team at FocusFrame, a management consulting firm and reseller of the SAP TAO product, which was acquired by SAP. He brings over 15 years of enterprise sales management, sales execution, and management consulting experience. He also had meritorious service in the United States Army.

“Ayasdi-s approach to Big Data is the most unique and powerful that I-ve seen. Every enterprise struggles with finding -insight- needles in the -data- haystack and Ayasdi automatically finds the insights that no one knew were there. I deeply believe that this technology will change the world,” said Shane Paladin. “I look forward to working with Gurjeet and his team to capitalize on Ayasdi-s success — particularly in Financial Services, Government, Life Sciences, Oil and Gas, and as we expand into other verticals.”

Ayasdi counts several large enterprises and organizations as customers and collaborators, including Citigroup, Merck, Anadarko, U.S. Food and Drug Administration (FDA), Centers for Disease Control and Prevention (CDC), the University of California San Francisco (UCSF), Mount Sinai Hospital, Texas A&M University, and Harvard Medical School.

Shane-s appointment is just one of a series of additions to Ayasdi-s executive team that strengthen the company-s Big Data and large enterprise computing expertise. These executives include:

, CFO who came from enterprise subscription commerce leader Zuora,

, Chief Data Scientist & VP Solutions who spent a decade at Rosetta/Merck,

, VP of Engineering who spent 8 years working on VMware-s flagship product,

, Co-Founder & VP Research, an Oracle veteran with 30+ software patents, and

, VP of Marketing who spent the last decade at Salesforce.com and Zuora.

Ayasdi is transforming how the world uses data to solve complex problems. Founded in 2008 after a decade of research at Stanford, DARPA, and NSF, Ayasdi is pioneering a new approach for enterprises to automatically discover and operationalize insights from their data. Ayasdi-s Insight Discovery platform uses Topological Data Analysis (TDA) combined with an ensemble of machine learning techniques to enable data scientists, domain experts, and business people to achieve value from their data without the need to write code, queries, or ask questions. Funded by Khosla Ventures, Institutional Venture Partners, GE Ventures, Citi Ventures, and FLOODGATE, Ayasdi-s customers include General Electric, Citigroup, Merck, Anadarko, U.S. Food and Drug Administration (FDA), Centers for Disease Control and Prevention (CDC), the University of California San Francisco (UCSF), and Mount Sinai Hospital. To learn more, visit or follow us .

Ayasdi helps the world-s biggest and most sophisticated organizations discover breakthroughs that change how we all live and work. People who share this passion can view Ayasdi career opportunities .

Michael Lindenberger at Reidy Communications

415-531-1449

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