Collibra, the distinguished VUB spin-off specialized in data intelligence, has demonstrated remarkable resilience and strategic brilliance in navigating the landscape of the technology and software industry. In a recent interview with De Tijd, CEO Felix Van de Maele reflects on the challenges faced by the company in 2023 and shares insights into the innovative strategies employed to overcome them.
Van de Maele underscores the transformative nature of the software sector in recent years, highlighting a profound shift in funding climates and investor expectations. Collibra adapted to this change by transitioning from an era of exuberant hypergrowth to operating within the constraints of economic realism, characterized by higher costs, increased interest rates, and lower valuations.
In response, Collibra strategically prioritized sustainable growth, with a focus on key areas like product development, customer care, and operational efficiency throughout 2023. The decision not to pursue additional capital injections speaks volumes about the company’s financial health and its unwavering determination to navigate the current economic reality.
As Van de Maele looks ahead, he reaffirmed the management’s commitment to continued innovation, adaptability, and sustained excellence, promising to uphold these values for its impressive client portfolio. The year 2023, marked by change and uncertainty, was met with optimism, hope and confidence, setting the stage for a future defined by Collibra’s dedication to success.