PALO ALTO, CA – May 29, 2012 – Cloudera, the leading provider of Apache Hadoop-based software, services and training, today announced that it has been recognized among the 100 most innovative and promising technology ventures in the Americas by Red Herring. The Red Herring Americas 100 Award has become a mark of distinction, identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize companies like Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Cloudera is very honored to receive this distinguished recognition from Red Herring,” said Mike Olson, CEO of Cloudera. “A new way that companies are able to gain competitive advantage today is by harnessing insights from their data. Cloudera has pioneered the use of Apache Hadoop in the enterprise for this purpose, enabling companies to put their data to work. The Red Herring distinction is further validation that our innovation is having a transformative effect on the market and we will continue to press forward in our mission to make Hadoop simple for every enterprise to employ.”
Red Herring’s editorial staff evaluated the winning companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of each company’s potential is complemented by a review of its track record and standing relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Americas.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Cloudera embodies the vision, drive and innovation that define a successful entrepreneurial venture. Cloudera should be proud of its accomplishment as the competition was very strong.”
Cloudera is revolutionizing enterprise data management by offering the first unified Platform for big data, an enterprise data hub built on Apache Hadoop. Cloudera offers enterprises one place to store, access, process, secure, and analyze all their data, empowering them to extend the value of existing investments while enabling fundamental new ways to derive value from their data. Cloudera's open source big data platform is the most widely adopted in the world, and Cloudera is the most prolific contributor to the open source Hadoop ecosystem. As the leading educator of Hadoop professionals, Cloudera has trained over 40,000 individuals worldwide. Over 1,700 partners and a seasoned professional services team help deliver greater time to value. Leading organizations in every industry plus top public sector organizations globally run Cloudera in production.
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