In December 2014, I asked whether we were at the beginning of “the end of the Hadoop bubble.” I kept updating my Hadoop bubble watch through the much-hyped IPOs of Hortonworks and Cloudera. The question was whether an open-source distributed storage technology which Google invented (and quickly replaced with better tools) could survive as a …
SAN FRANCISCO, June 28, 2019 (GLOBE NEWSWIRE) — Hagens Berman Sobol Shapiro LLP, with nine offices in eight cities around the country and eighty attorneys, reminds investors in Cloudera Inc. (NYSE: CLDR) of the August 6, 2019 Lead Plaintiff deadline in the securities class action, Christie v. Cloudera, Inc. et al., No. 5:19-cv-03221, pending in the U.S. District Court …
Hadoop has seen better days. The recent struggles of Cloudera and MapR – the two remaining independent distributors of Hadoop software — are proof of that. After years of failing to meet expectations, some customers are calling it quits on Hadoop and moving on. But others in the industry think Hadoop will survive into the …
NEW YORK, June 19, 2019 (GLOBE NEWSWIRE) — Safirstein Metcalf LLP announces that a class action has been filed against Cloudera Inc., (“Cloudera” or the “Company”) (CLDR) for the class period between April 28, 2017 and June 5, 2019, both dates inclusive, (the “Class Period”). The lawsuit was filed in the United States District Court …
News of a possible flash sale at MapR adds to the plumes of smoke coming off the Hadoop-based data analytics market. In 2017, Forrester predicted providers of the technology would struggle to keep up with market pressures and evolving technology. Then last week, Cloudera — a front-runner in the field following its merger with Hortonworks — saw …
MapR says a lifeline is near, files WARN extension Read More »
Three well-funded startups – Cloudera Inc., Hortonworks Inc., and MapR Technologies Inc. — emerged a decade ago to commercialize products and services in the open-source ecosystem around Hadoop, a popular software framework for processing huge amounts of data. The hype peaked in early 2014 when Cloudera raised a massive $900 million funding round, valuing it …
Projected layoffs, disappointing earnings and stock price dips have befallen companies that offer Hadoop-based analytics solutions geared at big data in the past two weeks. Toward the end of May, Hadoop-based big data company MapR filed a WARN notice with California labor authorities. Citing “extremely poor” results on its quarterly earnings report, last-minute client pullbacks …
First MapR, now Cloudera. Why is the Hadoop market in trouble? Read More »
The big players in the Hadoop data analytics market continue to hit headwinds in a rapidly evolving market that now includes competition from Amazon Web Services and top-tier major cloud providers that offer enterprises services for managing and analyzing the huge amounts of data that they are generating. Less than a week ago, MapR Technologies, …
Cloudera named Martin Cole interim CEO as Tom Reilly will retire effective July 31. The company also delivered fiscal first quarter sales that fell short of estimates and an outlook that disappointed. The CEO transition comes as Cloudera closed the Hortonworks acquisition just months ago. Cole will be part of the board member committee conducting …
In 2014, at the peak of the big data boom, 3,200 people attended a San Jose summit dedicated to the technology at its centre: Hadoop. Embodied by an ever-cheerful yellow elephant, Hadoop was the principal focus of its two poster child companies, HortonWorks and Cloudera. But in 2018, the conference dropped reference to Hadoop all …
Big data mergers: the elephant has left the room Read More »
