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Cloudera And Hortonworks: Combination Plans To Take On Amazon

Feb. 04, 2019 8:08 PM ETCloudera, Inc. (CLDR), HDP19 Comments
Sramana Mitra profile picture
Sramana Mitra


  • Cloudera has been in the news recently for its $5.2 billion all-stock merger deal with Hortonworks.
  • Together, the companies plan to leverage their skills to offer an enterprise data cloud and an end-to-end platform.
  • The combined entity also will cover a wider variety of partnerships with data warehouse hardware makers, such as Oracle, Intel, IBM, and Teradata.

According to a Zion Market research report, the global Hadoop market was estimated to grow at a CAGR of 50% to $87.14 billion by the end of 2022. Billion-Dollar Unicorn Cloudera (NYSE:CLDR) is a leading player in the segment which recently strengthened its standing in the market by announcing its merger with rival Hortonworks (NASDAQ:HDP).

Cloudera's Financials

Cloudera's third quarter revenues grew 25% over the year to $118.18 million, ahead of the market's forecast of $113 million. Net loss of $0.03 a share was also better than the Street's estimates of a loss of $0.11 per share.

Subscriptions revenues grew 28% to $99.7 million and services revenues grew 12% to $18.5 million.

During the quarter, it added 33 customers with annual recurring revenue greater than $100,000, taking the count to 601.

For the current quarter, Cloudera forecast revenues of $119-$122 million with a net loss of $0.12-$0.10 per share. It expects to end the year with revenues of $450-$453 million and adjusted losses of $0.40-$0.38 per share. The market was looking for revenues of $119.7 million with a loss of $0.14 per share. They expect the company to end the year with revenues of $447.15 million and a loss of $0.51 per share.

Cloudera And Hortonworks Merger

Cloudera has been in the news recently for its $5.2 billion all-stock merger deal with Hortonworks. Santa Clara-based Hortonworks was spun out of Yahoo in 2011. It became a leading commercial vendor of Apache Hadoop. Its Data Platform is powered by Apache Hadoop and helps organizations build and deploy big data solutions on the open source platform. Essentially, both Cloudera and Hortonworks use the same open-source code, but they operate in different but complementary markets. Hortonworks has grown through investments in the edge products while Cloudera has invested in the processing part of

This article was written by

Sramana Mitra profile picture
Sramana Mitra is the founder of One Million by One Million (1M/1M), a global virtual accelerator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. From 2008 to 2010, Mitra was a columnist for Forbes. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Full bio can be found at http://www.sramanamitra.com/bio/

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