The world’s data now doubles in volume every two years. We’re living in an Age of Data fed by the Internet of Anything.
Life in the Age of Data is always-on and always-connected with easy access to incredibly rich sources of analyzed information coming from the Internet, mobile devices, servers, machines, sensors, and so on.
Every business will have the ability to use this data to convert yesterday’s impossible challenges into today’s new products, cures, and life saving innovations. Right now, the leading pharma, automotive, electronics and packaged goods companies are already building their factories of the future around the actionable intelligence from this kind of data to do things like improve manufacturing yields. And older industries like automotive, agriculture and retail are catching up by taking modern data architectures on the road, through the field, or to the cash register to do things that were before been possible.
The power of big data is fundamentally changing the delivery of healthcare. Efforts such as the White House’s Precision Medicine Initiative aim to revolutionize how the United States improves health and treats disease. Businesses also use actionable intelligence from big data to fight fraud, viruses and identity theft, and new open source projects like Apache Metron are changing how we think about cyber security technology.
With all that is happening today, I can’t wait for tomorrow and be part of the movement to a bright future with data shining the way.
The Power of an Open Approach
Getting to the age of data, did not just happen overnight. Before was the Age of RDBMS led by Oracle, and the Age of Web led by Linux, Red Hat, Apache Software Foundation and the Apache HTTP Server.
With the emergence of Apache Hadoop in 2006, the Age of Data was born with the Apache Software Foundation playing a key role yet again. Now 100% of businesses say they will adopt Apache Hadoop and its ecosystem of projects such as Apache Hive, HBase, Spark, Kafka, Storm, NiFi as the center of gravity for a modern data architecture.
In the Age of Data, open is simply the norm, and Hortonworks philosophy has always been predicated on open innovation, open community, open development, open delivery…a fully open approach.
We’re Open, We’re Public, and We’re Proud
With our IPO in 2014, we proudly became a public bellwether for the Age of Data.
Last month, we reported our financial results for 2015 that included $121.9 million in revenue and $165.9 million in gross billings. We also set guidance for 2016 of continued high growth in revenue and billings. When it comes to spending, our CEO Rob Bearden added: “.. make no mistake, we’re manically focused on achieving adjusted EBITDA breakeven and anticipate doing so by the end of 2016.”
Since our business is built on open source, we’re frequently asked the question “but can an open source business model really scale?”. The proof is in the results. Since a picture is worth a thousand words, I’ve charted the earliest years of inflation-adjusted financial data for Oracle, Red Hat, Salesforce.com to provide some perspective.
Noteworthy chart details: Oracle was founded in 1977, and in 1986 they went public and achieved $55.4 million in revenue (which equates to $111.4 million in 2011 dollars). Red Hat was founded in 1993, went public in 1999, and in 2001 achieved more than $100 million in inflation-adjusted revenue. Finally, Salesforce.com was founded in 1999 and in 2004 they went public and achieved about $100 million in revenue.
We’re Powering the Future of Data by Focusing on Customer Success
In the Age of Data every business is a data business. Tomorrow’s leaders are already mastering the value of data to their organizations and embracing an open approach. We’re focused on powering the future of data with them by delivering a new class of data management software solutions built on open source technology.
Whether from data at rest with Hortonworks Data Platform or data in motion with Hortonworks DataFlow, our connected data platforms help our customers tap into all data. We give the world’s leading companies and government agencies actionable intelligence to create modern data applications that were never before possible.
Our open approach ensures we partner with our customers on their data journey. That journey can start by renovating IT architectures to reduce costs and boost functionality. Or it can start by innovating modern data applications that differentiate the business or open new revenue streams.
We are thankful to our customers and partners for embracing the open approach and we vow to stay focused on their success while empowering the broader community in the process.
Join us and be part of the movement to a bright future with an open approach leading the way.