Offering organized and comprehensive datasets on companies globally, which enables users to explore business opportunities worldwide easily, Nicolae Buldumac launched Global Database.
As the Founder and CEO, Nicolae utilized his decade’s experience to elevate the company to newer heights. Under Buldumac’s leadership, Global Database has become one of the leading providers of business intelligence and company data, serving clients in over 195 countries.
The company’s platform offers a wide range of data points, including financial information, contact details, company structure, and more, making it an invaluable tool for businesses looking to expand their operations or conduct due diligence.
We caught up with Nicolae and talked about his journey and where it headed next.
Below are the highlights of the interview:
Brief our audience about your journey as a business leader until your current position at Global Database. What challenges have you had to overcome to reach where you are today?
As the CEO and Founder of Global Database, I have been on a challenging and rewarding journey over the past eight years. Before founding Global Database, I worked with some of the world’s most recognizable companies, such as Amazon and Fitch Ratings. These roles allowed me to develop my skills and knowledge in various areas, including market research, business intelligence, and customer engagement.
My passion for data and technology motivated me to take a leap of faith and create a business that could help other companies leverage these assets to drive growth and minimize risks.
One of the most significant challenges was to build a team that shared my vision and could execute it effectively. Finding the right people took a lot of time and effort, but eventually, we created a talented and dedicated team.
Another challenge was gaining our customers’ trust and convincing them that our solutions could deliver real value. We had to prove that our data was the most up-to-date, genuine, and trustworthy. We had to show how our technology could help them identify high-probability prospects, verify, engage, and monitor new prospects while keeping tabs on existing business partners effectively. It took a lot of hard work and perseverance, but we brought proof-of-value solutions to hundreds of companies, including the London Stock Exchange, Amazon AWS, WeWork, and SAP.
Tell us more about your company’s mission and vision.
At Global Database, our mission is to provide structured company datasets that enable businesses to explore opportunities globally, verify and approve financially stable and regulatory-compliant companies with high lead scores, contact the right people at the right time, and grow their business exponentially through data-driven decisions.
Our vision is to become the go-to global company intelligence hub that clients fully trust. This way, each stakeholder can rely on our business intelligence engine to make informed business decisions and explore word-grade partnerships or growth opportunities. We are committed to accuracy, clarity, commitment, continuity, and trust value margins by constantly updating and validating company information, compiling profiles from reliable sources, providing dedicated support and guidance, recording updates, and using trustworthy sources.
Enlighten us on the impact of your work through your expertise in the market.
At Global Database, our expertise in the market has had a significant impact on businesses globally. Our data and technology solutions have helped companies of all sizes to identify potential prospects, verify them, and engage in data-driven decision-making. Doing so has enabled our clients to drive growth and minimize risks, translating into increased revenue and profitability.
Describe in detail the values and the work culture that drives your organization.
Our commitment to excellence, integrity, and innovation drives the values and work culture at Global Database. We strive to provide our clients with the highest-quality data and technology solutions while ensuring complete transparency and accountability in all our business dealings. Our work culture is collaborative, empowering, and focused on continuous learning and growth.
Undeniably, technology is playing a significant role in almost every sector. How are you leveraging technological advancements to make your solutions resourceful?
We leverage technological advancements such as machine learning and automation to make our solutions more resourceful and efficient. By doing so, we can provide our clients with real-time data insights, automated workflows, and streamlined processes, enabling them to make data-driven decisions easily. However, we aren’t relying solely on AI to source or organize data due to this paradigm’s “black-box” paradox. Delivering accurate company insights and firmographics requires a human-machine duo to ensure transparency for our data-focused operations and be aware when something doesn’t quite fit.
What change would you like to bring to the IT industry if given a chance?
I’d want to bring a stronger focus on transparency, data-centricity, and effective operations to the IT industry. Transparency is critical in building trust with customers and partners and should be a fundamental value for any company operating in this space. Additionally, data-centricity is essential to creating solutions that meet customers’ needs in a rapidly changing business landscape.
What, according to you, could be the next significant change in the IT sector? How is your company preparing to be a part of that change?
I believe digital twins will be the following significant change in the IT sector. For those unfamiliar with the term, a digital twin is a virtual replica of a physical object, system, or process that allows for analysis and optimization in a simulated environment. In the business world, digital twins can help companies improve their operations by predicting and preventing problems, testing scenarios, and identifying opportunities for optimization. At Global Database, we’re preparing to participate in this change by continuing to invest in our data and technology solutions. We aim to provide an exact replica of companies worldwide to deliver the best growth chance to each stakeholder.
Where do you envision yourself to be in the long run, and what are your future goals for Global Database?
As the CEO and Founder of Global Database, my long-term vision is to continue the journey of a market leader in business intelligence and data-driven solutions. I envision Global Database expanding its reach globally, serving more businesses across various industries and sectors. The company already provides innovative and disruptive solutions leveraging technology to drive growth and minimize business risks. I’d continue building a culture of innovation, transparency, and data-centricity within the organization to keep up with the ever-changing business landscape.
The future goals for Global Database are to become the go-to platform for businesses globally to access accurate and up-to-date company data. We aim to keep investing in technology and automation to streamline our processes and provide customers with faster, more reliable service edges. We will continue to expand our data coverage to more regions and industries to offer our customers a comprehensive business intelligence engine while maintaining our commitment to transparency and data-centricity by continuously improving the quality and accuracy of our data to help businesses confidently make data-driven decisions.
What would you advise budding entrepreneurs who aspire to venture into the IT sector?
My advice to budding entrepreneurs who aspire to venture into the IT sector would be to focus on creating value for your clients. Develop solutions that solve real-world problems and provide genuine benefits to your clients. Additionally, stay up-to-date with the latest technological advancements and be willing to adapt and evolve your solutions accordingly. Finally, maintain a strong work ethic and remain committed to your goals, despite challenges and setbacks.