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TimeXtender has been recognized by CIO Applications Europe Magazine as the exclusive recipient of “Top 10 GDPR Solution Companies - 2019,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications Europe research and editorial team based on insights from an interview with Heine Krog Iverson, Founder & CEO.

TimeXtender

TimeXtender
Managed Data Documentation

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Heine Krog Iverson, Founder & CEO, TimeXtenderHeine Krog Iverson, Founder & CEO
Governing boards have dropped down the hammer heavily on organizations, and have begun to question them about the security across data silos being leveraged for big data analytics. In Europe, the protection of confidential information of its citizens falls under the General Data Protection Regulation (GDPR), and firms are bound to be compliant by its standards. GDPR laws compel organizations that have employees and business operations on the continent to archive all input about their consumer data. Enterprises both large and small are being asked to produce records of the information they save, the storage locations, the methods in which it is used, and the details of personnel that have access rights. The advancement of modern technology throughout the enterprise realm has to some extent reduced the compliance issues that are plaguing companies.

TimeXtender, a document management solution (DMS) provider and a rapidly escalating leader in the software circuit is changing the way organizations are handling their data through their flagship platform, Discovery Hub. Founded in 2006, and located in Aarhus, Denmark, the company was founded by Heine Krog Iverson, who has since then as its CEO transformed TimeXtender from a small startup to a global market player. Owing to its success, the technology delivery firm has amassed over 3000 customers spread across 94 nations. TimeXtender’s premium platform, Discovery Hub, is a DMS that is powered by artificial intelligence and allows users to attain data that is analytics-ready. The solution automates the entire process from archiving input to extracting feedback enabling their clients to be more aware of the information they have, how to use it correctly, and with compliance.

Discover Data Like Never Before

At TimeXtender, the team believes that time is of the essence. The platform that it has designed and deployed aids organizations create data estates that are compliant to modern day standards. The implementation process is simple, as Discovery Hub can be easily installed to co-exist with existing data warehousing solutions, and in turn, accelerate time to information feedback by ten times its current speed.

Discovery Hub empowers clients with data automation and capacities for information access, visibility, and consistency across all their datacenters.

Discovery Hub can be easily installed to co-exist with existing data warehousing solutions, and in turn, accelerate time to information feedback by ten times its current speed


The highly powerful software conveys cohesive input fabric across Microsoft on-premise innovations and Azure Data Services with compatibility for three types of digital data modules— Operational Data Exchange (ODX), Modern Data Warehouse (MDW), and Semantic Models. Besides, allowing clients to have clear visibility across their various data streams, TimeXtender empowers its clients with auto-generated reporting of their analytical data. This includes data lineage and access rights that support efforts for regulations such as GDPR, HIPAA and Sarbanes Oxley.

Activated GDPR Support

Upholding user information and maintaining its privacy is vital for organizations to stay in business, and even the slightest misdemeanor can bring heavy losses and fines. The team from TimeXtender is fully aware of this situation, and questions clients on the methods of business intelligence, reporting and analysis documentation, its traceability, the infrastructure control, and management of personnel authorized to view this data.

Through Discovery Hub, TimeXtender, allows clients to record and report the input they hold and its storage points. It also lets clients know the origin of their data, and the area or team within their organization that is utilizing the information. All personally identifiable information is made anonymous and converted to provide clients with sublime feedback without comprising the sovereignty of their end-users.

Microsoft Powered Analytics Infrastructure Automation

Microsoft’s move into the cloud computing arena through Azure has acted as a catalyst for many companies to join the digital transformation revolution, and leverage the remote based technologies many favorable aspects. Discovery Hub is a certified Azure platform and is available to download from the Azure Marketplace.

Since the deployment of Discovery Hub is based on Metadata, any in-house solution that clients have in place can be easily migrated to the cloud without having to redesign it for the Azure technology stack. This makes it easy for the solution to support any process implementation—on-premise, hybrid, cloud—on Microsoft data platforms such as Azure SQL Database, Azure SQL Database Managed Instance, Azure Data Lake, Azure Analysis Services and SQL Server.
The elimination of discordant applications for recording, categorizing, migrating and archiving data enables TimeXtender to allow its clients to save time and money during the design and management of system architectures and information infrastructures. Customers immediately experience a change across their datacenters and save up to 70 percent in build costs, and the figure goes up to 80 percent when it comes to maintenance costs.

"Discovery Hub empowers clients with data automation and capacities for information access, visibility, and consistency across all their datacenters"

A Journey of Success

TimeXtender, over the years, has grown to be a leading technology service and solution provider to some of the biggest as well as the small and midsized business across the world. One such client, a significant North American bank with multiple global offices and financial centers was looking for help to automate their revenue reporting processes. The constant growth of its offerings led the management of the financial company to seek out a data management platform for them to have clarity over their operational procedures.

The decision-makers at the bank went through a lot of solutions before deciding to install Discovery Hub and transform its information exploration architecture to aid the improvement of consistency in product revenue reporting. Equipped with the platform, the banking firm can connect and combine its structured and unstructured data, catalog, and report across the entire data lifecycle from a single point of access. With the utilization of Discovery Hub for input engineering needs the client was empowered with the capacity to finish an upgrade of their infrastructure, rapidly and safely. TimeXtender’s usage of robust automation methodologies and AI has aided the client to achieve a streamlined and intricate DMS that is bringing it great success while also being future ready.

The Clear Path Ahead

Having a continuous run of success has seen TimeXtender reach the pinnacle of height in their industry spectrum, and the company wishes to further move along by continuing to be innovative in delivering scalable DMS to its clients. The company’s next course of action has seen them partner with qordata—a data analytics startup—to further expand the deployment of Discovery Hub across the EU, North America and Central Asia. Besides expanding on its services in those regions, TimeXtender has also agreed to various strategic collaborations with large organizations in the data management space to have operations across the Caribbean, Western Canada, and the Pacific Northwest as well. Not an organization to hold back on its geographical expansions, it has also signed an agreement with ABM Systems to provide Discovery Hub to clients even in the continent down under, Australia.
- Ben Jackson
    May 01, 2019

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Top 10 GDPR Solution Companies - 2019
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