The #BigData space has been confusing. Investors looking to ride the ups and downs of this market need to develop high tolerance for contradictory messages.
Take Hadoop for example. A few years ago, the technology was hailed as THE solution for all Big Data problems. Then, came the “IT research firm prediction wars”: Gartner claimed that only few companies had deployed it while Forrester forecasted that 100% of enterprises would have it by the end of next year.
Since then, two large companies servicing the #Hadoop market have gone public with much financial appeal. #Cloudera (NYSE: #CLDR) went IPO in April and its valuation now nears $2.3B (the company is set to report earnings on September 9). #Hortonworks (NASDAQ: #HDP) reported last week that its stock has gone up by over 74% since January 1st. For reference, that’s more than #Tesla (NASDAQ: #TSLA ) did in the same period!
So, what’s really happening here?
Hadoop expectations: the elephant in the room...
Hadoop has been around for about 10 years. And over the last 10 years, many innovations have been delivered, with technology breakthroughs that span a large space, from Apache Spark to Presto to Zeppelin. Social ImpactVoiceHow One Executive Woman Broke Barriers - And Helped 10,000 Women Do The Same Hadoop got it start as a batch system, primarily used to store large volumes of data at a low cost. Now, thousands of enterprises have delivered Hadoop-powered applications for financial fraud detection, cybersecurity, inventory management, network troubleshooting, risk analysis, IoT… etc. Some even claim to use Hadoop to save lives: Cerner, a Cloudera customer, says it has developed an infection detection system that has saved more than 3,000 lives to date!
https://www.forbes.com/sites/ciocentral/2017/08/15/hadoop-haters-gonna-hate/?c=0&s=trending#77685e871365
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