Big Data Drives Revenue Soars - Hadoop Startups

Source: Internet
Author: User
Keywords Big data Hadoop
Tags big data close cloudera data financing hadoop it is market

Big data is still considered a bubble gold? The close attention of businesses, the media, and even the general public is only superficial. The most persuasive data comes from the valuation of Hadoop startups related to big data.

For the most part, Hadoop startups are not yet available, so for the time being the size and growth of this market are not yet very accurate data for the time being, but the size of the capital involved in big data venture capital case and Hadoop startup employees There is still some clues about the number of people who can let us seize a broad understanding of the scale of big data venture capitalists represented by Hadoop Startups.

Hadoop startup financing statistics

Because Hadoop, a big data core technology, is free and open source technology, users can download without paying, which means that the profitability of Hadoop startups is very different from the traditional database giants such as Oracle. Hadoop startups rely on Hadoop value-added products Software license fee) and value-added services to earn money. But Hadoop startups have grown at a staggering rate, with Cloudera set up in 2009, while Hortonworks was founded in June 2011, less than a year and a half ago. The two also belong to the pure big data vendors (core business around Hadoop distribution and Hadoop applications), those who do Hadoop integration of the company is even more mushrooming, numerous.

GigaOM recently conducted a survey on the financing of big data startups . Cloudera, Hortonworks and MapR are the highest-funded Hadoop troika. The total financing of Hadoop startups is about 200 million U.S. dollars.

Revenue and valuation are growing rapidly

At the same time, what is the overall revenue size of the Big Data market? IDC predicted in May this year that the market for the Hadoop ecosystem would grow from its current level of $ 77 million in five years to as much as $ 813 million in 2016. However, IDC data was questioned by the industry, for example, did not include Amazon's flexible MapReduce service revenue (at least millions of dollars a year). Cloudera CEO Mike Olson also believes the forecast is biased, not counting Cloudera's earnings. It is reported Cloudera current business development is good, this year's revenue is expected to reach 100 million US dollars, or even more. As early as 2011, Cloudera's executives revealed that for the first time Cloudera's software licensing sales have surpassed service revenue.

The industry also rumored Hortonworks has rejected at least one takeover bid for the simple reason that Hortonworks' valuation soared. In the latest round of financing, Hortonworks valuation has reached as high as 225 million. Although Hortonworks first product was released in June of this year, it is striking that Hortonworks has partnered with major vendors such as Microsoft, Teradata, Rackspace and VMware.

MapR, also known as Cloudera and Hortonworks, said the Hadoop troika is also performing very well with its software licensing revenue growing rapidly with its collaboration with Amazon AWS and the Google Compute Engine, Jack Norris, vice president, said MapR is expected to become the highest-paid Hadoop startup in the fourth quarter of 2012.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.