|[May 05, 2014]
MapR Reports Record Growth in the First Quarter 2014
SAN JOSE, Calif. --(Business Wire)--
Technologies, Inc., provider of the top-ranked distribution for
Apache Hadoop, today announced that first quarter bookings tripled over
the prior year. With approximately 90% of its sales from
subscription-based product licenses, the software company has high
margins and predictable revenue.
In addition to record bookings, MapR announced the following milestones:
An enterprise customer reported that it has generated more than one
billion dollars of incremental revenue from the use of MapR technology;
At least one company in each of the following industries has purchased
over a million dollars of MapR product-financial services,
networking/computers, software, online/web, ad media, telecom and
MapR has expanded operations to ten countries outside of North America.
"Our tripling of year-over-year bookings demonstrates the ability of
MapR to meet the demands for enterprise-grade Hadoop technology across
multiple verticals," said MapR Technologies CEO and Co-founder, John
Schroeder. "Large and fast growing companies around the world have
chosen MapR based on the strength of our technology and breadth of our
Hadoop offering to drive robust revenue growth, reduce costs and
Other highlights in the last quarter include:
MapR was recognized as the top-ranked Hadoop distribution in The
Forrester Wave™: Big Data Hadoop Solutions, Q1 2014 report, in
which the company achieved the highest score for Current Offering
among all reviewed vendors.
The company announced the tight integration of HP Vertica's
high-performance analytics platform with the MapR enterprise-grade
Distribution for Hadoop. This interactive SQL-on-Hadoop solution
improves analyst productivity through expanded exploration of
semi-structured data as well as traditional structured data.
MapR added new Apache Hadoop projects such as YARN for next generation
resource management and the complete Apache Spark technology stack for
speed, programming ease and real-time processing advantages. The
company continues to provide broad support for open source projects,
with over twenty of them included in the MapR Distribution.
"With the majority of MapR software deployed in production environments,
Hadoop implementations are demonstrating a profound impact on
operations. Companies are moving aggressively to impact business events
in real time and 2014 will be another year of significant growth for
MapR," concluded Schroeder.
About MapR Technologies
delivers on the promise of Hadoop with a proven, enterprise-grade
platform that supports a broad set of mission-critical and real-time
production uses. MapR brings unprecedented dependability, ease-of-use
and world-record speed to Hadoop, NoSQL, database and streaming
applications in one unified distribution for Hadoop. MapR is used by
more than 500 customers across financial services, retail, media,
healthcare, manufacturing,�telecommunications and government
organizations as well as by leading Fortune 100 and Web 2.0 companies.
Amazon, Cisco (News - Alert), Google and HP are part of the broad MapR partner
ecosystem. Investors include Lightspeed Venture Partners, Mayfield Fund,
NEA, and Redpoint Ventures. MapR is based in San Jose, CA (News - Alert). Connect with
MapR on Facebook,
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