Entity

Time filter

Source Type

Palo Alto, CA, United States

Hortonworks is a business computer software company based in Palo Alto, California. The company focuses on the development and support of Apache Hadoop, a framework that allows for the distributed processing of large data sets across clusters of computers. Wikipedia.


News Article | February 13, 2015
Site: venturebeat.com

Cloudera is taking preliminary steps for an initial public offering (IPO) in the coming months, VentureBeat has learned. The company, which sells a distribution of the Hadoop open-source big data software, will file to go public in May, one source familiar with the matter told VentureBeat. Another source had heard about a Q2-Q3 timeframe. It would follow competitor Hortonworks’ IPO in December, which raised $115 million. Hortonworks’ stock rose 65 percent in its first day, closing at $26.38, giving the company a $1.1 billion valuation. (Hortonworks stock [$HDP] is now around $22.44.) What’s more, Box picked up a pop for its IPO, as did New Relic. These events could encourage Cloudera execs to go forward with its IPO. Cloudera, for its part, had a “kick-ass Q4,” said one source. That quarter ended on Jan. 31. Last year Intel discontinued its own Hadoop distribution and threw its support behind Cloudera with a $900 million funding round. That gave the company a valuation of around $4.1 billion, Re/code and other outlets reported. Meanwhile, another company with a Hadoop distribution, Pivotal, is preparing to stop pushing its own distribution, VentureBeat reported earlier this month. (Pivotal declined to comment on “rumor or speculation.”) As for MapR, yet another Hadoop distribution vendor, it’s also planning to go public later this year, Fortune reported last month.


News Article | January 23, 2015
Site: venturebeat.com

Cloud file-sharing company Box, one of the original cloud software startups, will enjoy a great deal of press attention and a financial booster shot this week when it goes public. But the significance of the spectacle will ripple well beyond company headquarters in Los Altos, Calif. Competitors are watching Box get ready to go public and join the ranks of Salesforce, Workday, NetSuite, ServiceNow, and Zendesk — enterprise technology companies now traded on public markets. As much as they might want to see a frontrunner foiled, other enterprise startups could benefit from a successful public market debut for Box. “I’m just hoping that it doesn’t tank, because there’s no guarantee on any of these IPOs,” Egnyte cofounder and chief executive Vineet Jain told VentureBeat. And the very market conditions that have helped Box finally prepare for its IPO — like the impressive recent offerings from Hortonworks and New Relic — could lead to sooner IPOs from other tech companies, including competing cloud file-sharing outfit Dropbox. Yet a lot could be at risk. Once Box is public, the company could be susceptible to the loss of more talent as employees depart once their shares vest and they cash in on potential gains. That could apply to the highest ranks at Box. If its provocative chief executive, Aaron Levie, does not manage to impress Wall Street with increasingly strong financials following the IPO, he could end up being ousted. “He’ll be there, certainly, for the first year, and we give our best wishes to him,” Alastair Mitchell, Box competitor Huddle’s chief executive, told VentureBeat. Fortunately, there’s more for Levie and co. to do from the perspective of technology. For years, Box has pulled in revenue by storing and sharing files in its data centers on behalf of individuals and businesses. But the company has been extending its range of capabilities with new features. Last year, the Box Notes note-taking feature arrived, as did Box Workflow tools that give managers the power to set rules about what to do when certain types of files are uploaded to Box. And Box can sell enterprise-friendly reporting features to surface information about how employees and outside collaborators are using content in Box. And as Box sell these new capabilities to more businesses, other vendors could follow suit. Over time, file sharing in itself will become a commodity — if that hasn’t happened already. “The value isn’t in storage,” as Mitchell put it. “The value is in how you use that information.” So it’s reasonable to expect Box to try harder to sell the higher-level services and come out with more of them as well. Meanwhile, Box (and partners like Accenture) will emphasize its ability to help certain kinds of companies do critical work with industry-specific packages of its software in the months to come. Such strategies could help Box further differentiate from other cloud file sharing companies — and eventually become profitable. Then again, maybe not. Jain wouldn’t be surprised if Box finds itself selling bonds (buying debt) after the initial pizzazz of the IPO dies down. That’s because for the moment, Box only stores files on its cloud; it has no option for allowing companies to keep storing certain documents in their own data centers. Note: Jain’s company, Egnyte, is a hybrid cloud storage company that does offer that option, so Jain’s got a vested interest in seeing things this way. But even Box itself has pointed that out in its regulatory filings that getting companies to sign on to a cloud-only storage architecture isn’t always easy: Should Box stumble in its execution as a public company, Jain and others may well find themselves with new evidence of the power of providing cloud storage alongside storage on companies’ own infrastructure. Microsoft, long on the receiving end of offhand barbs from Levie, could also score points, as could storage giant EMC. Jeetu Patel, general manager of EMC’s Syncplicity business unit, for one, is anxious to see what happens. He thinks the real work of getting enterprises equipped with file-sharing tools they’re happy with is just beginning. “There’s probably less than 5 percent penetration in enterprise when you think about how many companies have actually established a standard and gotten broad-based adoption of that standard,” he said. The implication: If you thought Box faced competition for deals before, well, you ain’t seen nothing yet. Ultimately, though, Patel isn’t dreading the Box IPO, as one might think a competitor would. “The success of the IPO for Box is good for the entire market,” he said.


News Article | February 24, 2015
Site: www.zdnet.com

This marks the first quarterly filing for the Palo Alto-based Hortonworks since its IPO in December of last year, when its stock popped 65 percent on the first day of trading. The Hadoop heavyweight reported a net loss of $90.6 million, or $5.38 per share (statement). Non-GAAP losses were $2.19 per share on revenue of $12.7 million. Wall Street was looking for a loss of $2.04 per share with $13.4 million in revenue. On a conference call after the results, Hortonworks CEO Rob Bearden spoke optimistically of the quarter, the IPO and the outlook for Hadoop, which he says "has really crossed the chasm" in enterprise adoption. Bearden said enterprises are seeking out the ability to manage multiple workload types on a central architecture. And lucky for Hortonworks, he said it's YARN that makes that happen. "Leading enterprise organizations have concluded that YARN-enabled Hadoop is foundational to their modern data architecture and the Hortonworks Data Platform is rapidly becoming the de facto standard to unlock business insight by bringing the new paradigm of data under management," he added. For the current quarter, Hortonworks expects revenue between $17.5 million and $18.5 million, representing year-over-year growth of 70 percent.


News Article | February 20, 2015
Site: www.zdnet.com

A few days ago Pivotal made three major announcements: the creation of a Big Data Product Suite, a partnership with Hortonworks and the launch of an 'Open Data Platform'. All three announcements tie together, but the Big Data Product Suite is the most important. Let's dissect the news. MyPOV - Pivotal has done a lot with open source - but they are not necessarily pioneers. This announcement is all about making the previous EMC acquisition of Greenplum and the previous VMware Spring Source acquisition of GemStone coupled with the HAWQ Hadoop SQL front end available on an open source core. MyPOV - The announcement effectively ends the rumors about what Pivotal will do with its BigData products, which never did as well as the sister PaaS product, CloudFoundry. The future will tell if Pivotal was slowed down with the late entry into the Hadoop Distribution market with Pivotal HD, or if Pivotal has realized it cannot compete with open source, despite all the remarkable development process (e.g. pair programming, agile etc.) that Pivotal has put in place. For original Greenplum and Gemfire investors and employees it may be as well a remarkable day, as their work now becomes part of open source. EMC and VMware probably paid close to a half Billion for these assets (prices were never disclosed) back in 2010. MyPOV - Well said, note the acceleration that is expected by making the open source contribution, effectively saying that Pivotal itself was not working as fast, and maybe not fast enough. It takes less resources when the majority of code is in open source and a vendor only needs to truly work at the revenue generating add-ons."Pivotal Big Data Suite is a major milestone in the path to making big data truly accessible to the enterprise," said Sundeep Madra, vice president, Data Product Group, Pivotal. "By sharing Pivotal HD, HAWQ, Greenplum Database and GemFire capabilities with the open source community, we are contributing to the market as a whole the necessary components to build solutions that make up a next generation data infrastructure. Releasing these technologies as open source projects will only help accelerate adoption and innovation for our customers." MyPOV - Good move to couple with the more successful Pivotal product, Cloud Foundry. We see the majority of next generation application projects being based on or needing some BigData capabilities, so combining Cloud Foundry with this is a smart move. MyPOV - One of the smart moves Pivotal made was to allow customers to trade data product licenses as they saw a need and their BigData projects evolved. Keeping the same in place now makes only sense. We wonder though how a recent paying customer for e.g. Greenplum may feel after this announcement. MyPOV - Good to see Pivotal bundle more assets into the offering, searching synergistic benefits. All increase the value and attractiveness of the new product suites. MyPOV - This is a smart move, combining all the forces of the 'beyond #2' runs in the market - the market leaders being Cloudera and AWS for BigData. However, like any other large group of otherwise competing vendors, it remains to be seen how long and how well these vendors can keep a working and the open platform going. MyPOV - This is the third announcement (next to this press release and the Open Data Platform being joined by Pivotal). By making assets like HAWQ available on the Hortonworks' Data Platform, Pivotal goes with the #2 Hadoop distribution, which makes sense for the vendor. Competing with open source is very hard -- too hard for most vendors. When IBM started to use Pivotal's CloudFoundry product for the new IBM PaaS BlueMix, it was clear that when super large vendors like IBM need to use open source, smaller ones will have to use it, too. Especially when the product is on a long downward trot as the former EMC and VMware BigData products (unfortunately) are. Putting them into Pivotal, telling a new story that worked out very well for the PaaS offering - CloudFoundry - did not change their overall market success. Original investors and founders of Greenplum and others may shed a silent tear, but that's how the BigData market works these days. The interesting question will be if Pivotal will support the Cloudera ecosystem at some point. This support is unlikely to happen soon. In the meantime, good luck to Pivotal with the new approach; it needs less developers to only focus on the value adding ones that create revenue in an open source play. Inside the 9 Cloud Trends Every CxO Needs to Know in 2015


Couchbase says the integration announced today of its open-source database with Hortonworks Hadoop big-data software will allow firms to run a single system for both operational and analytical data. The NoSQL database company is using Apache Kafka for distributed messaging and Apache Storm stream processing to link Couchbase Server 3.0.2 with Hortonworks Data Platform 2.2. "By integrating Hortonworks Data Platform and Couchbase Server, enterprises can meet both operational and analytical requirements with a single solution to improve both short-term and long-term operations," Couchbase said in a statement. Conventionally, operational and analytical data are handled separately, with Hadoop employed in analysing large static offline datasets from an historical perspective. Couchbase explained that under the integration between its database and Hortonworks Hadoop, Apache Kafka uses Couchbase Server's Database Change Protocol to stream data from Couchbase Server to the message queue in real time. Once the messages have been worked on by Storm, the data is then written to Hadoop for further processing, with the analysis written to Couchbase Server, where users can access it through real-time reporting and visualisation dashboards. Online payments company PayPal has been using Couchbase for fast access to user information at scale while streaming data into Hadoop. "The Kafka connector strengthens the streaming data to and from Couchbase to Hadoop ecosystems. Couchbase accommodates fast access to data at scale while leveraging Kafka to stream data to Hadoop for deep analytics," PayPal senior director of engineering Anil Madan said in a statement. "As the operational data store, Couchbase is easily capable of processing tens of millions of updates a day. Streaming through Kafka into Hadoop, these key events are turned into business insight." Hortonworks has certified the Couchbase Server plugin for Sqoop to support bi-directional data transfer between Couchbase Server 3.0.2 and Hortonworks Data Platform 2.2. Apache Sqoop is a tool for moving bulk data between Apache Hadoop and structured datastores, such as relational databases. It graduated from the Apache incubator in March 2012 and is now a top-level project. "This integration enables enterprises to export operational big data, produced and consumed by enterprise web, mobile, and IoT [internet- of-things] applications stored in Couchbase Server, to HDP [Hortonworks Data Platform] for offline analysis and refinement; refined data is imported back into Couchbase Server," Couchbase said.

Discover hidden collaborations