Teralytics, a global venture-backed big data analytics and machine learning company headquartered in Zürich, Switzerland, has appointed Alastair MacLeod as CEO. Alastair’s extensive sales and business development experience, which he gained working with the world’s leading telecommunications and technology businesses, adds valuable commercial experience to the existing leadership team as Teralytics embarks on a new phase in its development.
Having proven commercial viability with innovative technology, the company’s founders are bringing on a heavy hitting business executive to continue Teralytics’ growth to commercial success. Alastair’s immediate priority will be to accelerate the company’s growth by strengthening and expanding business development, advancing the company’s channel and partner activities and driving a customer-centric product roadmap to leverage the company’s exceptional technical capabilities.
For more than twenty years, Alastair has held top executive positions at established telecommunications and private equity backed data and technology companies. He was previously CEO of EurotaxGlass’s, Managing Director at Solera and led the Business Services division at Orange.
After appointing Alastair, Teralytics chairman and co-founder, Georg Polzer, is moving into the role of Chief Product Officer. He will focus on conceiving, developing and implementing the next range of Teralytics products that allow organizations and cities to leverage big data, gain insights on human mobility and benefit smart city development. The executive team will also include co-founder Luciano Franceschina as CTO and Robin Williamson (ex Google) as VP Engineering.
“When I first met the founders, I was very impressed by what the team had already built and accomplished in such a short time. Working with Teralytics on the next stage of its commercial growth is an exciting and energizing opportunity. We genuinely have some of the brightest minds on the planet, and with our incredible world-class investors behind us, I see no reason why we shouldn’t build Teralytics into a billion dollar company. These days it seems like everyone is claiming to be in the big data business, but Teralytics stands out in terms of pure talent, operational and technical capability and intellectual horsepower. Our team is equipped to solve the biggest, scariest big data problems that exist… the harder the task, the happier our team of PhDs, MSc and world-class computer scientists, data scientists and visualization specialists,” said Alastair Macleod, CEO of Teralytics.
“We’re bringing Alastair into the company at exactly the right time. With our business accelerating across three continents and with several new strategic partnerships kicking off, it was time to bring in some heavyweight commercial experience to complement the management team and continue to drive the business. I was immediately impressed by Alastair’s leadership and his instinct for commercial opportunities and growth. We now have an extremely effective and highly complementary leadership team ready to take Teralytics to the next level. As chairman and co-founder of the business, I am very excited by the new opportunities Alastair’s experience brings,” Georg Polzer, Chairman, Chief Product Officer and co-founder of Teralytics, commented.