According to the Talend CEO Mike Tuchen (who is a very clear communicator), GDPR means that “every European citizen owns their own data. And so for anyone that’s providing a service - like Facebook - in Europe, they actually don’t own the data of the European citizens.”
This part starts at about 3:30 into the following video, and he goes on to explain how Talend can help companies deal with these regulations: https://www.cnbc.com/video/2018/04/12/talend-ceo-gdpr-regula…
Cramer: “This must be great business for you.”
Tuchen: “Yeah, it’s definitely been a bump.”
This helped me understand the value of Talend.
Bear