dbt Labs (https://www.getdbt.com/) is a very popular data modeling tool in the ELT (extract load transform) pipeline used with major data cloud platforms and data warehouses. With SQL and Python support, dbt transforms data after loading to the data warehouse, lakehouse, etc.
The company was started in 2016 in San Francisco, CA. They have a free open-source version of their product to perform transformations via the command line. dbt Cloud is their paid version which has an intuitive GUI. The company has approximately 400 employees and more than 30,000 companies use their open-source and paid products.
Given the product’s popularity with data and analytics service providers, we decided to analyze their services partner ecosystem.
After cleaning the data, dbt ends up with 161 listed consulting partners, from large global system integrators (GSIs) to smaller boutique data consulting businesses.
Almost half of the partners are in North America and more than a third are in Europe. As is typical, almost 90% of employees of all of these consulting partners are based in Asia, primarily in India.
If we look at the partner base by number of employees, we’ll see most of the partners are boutique consulting companies (86% have fewer than 500 employees).
At Alten Capital we invest in technology services businesses. Please reach out to us to explore potential opportunities.