Last week, we reported our Q2 2016 results as well as the news of Herb Cunitz transitioning out of Hortonworks to pursue his next career path of being a CEO. I want to personally thank Herb for his contributions to Hortonworks. Herb has been a terrific partner of mine for over a decade and across several companies. I am especially grateful for what we have accomplished in the last four years to build Hortonworks into one of the fastest growing software companies ever. Herb will be sorely missed, but he has built up an amazing team that will continue to propel Hortonworks into the future.
Join me in wishing Herb the best.
Looking forward, I am confident in our business and the market opportunity in front of us. Over the past few years, we’ve seen customer use cases evolve from data-at-rest use cases that gather and analyze new data types and augment data warehouse footprints to far more strategic digital transformation initiatives used to innovate their business models by selecting Hortonworks. We’re proud to count over half of the Fortune 100 as our customers and our most recent results continue to show that leading global enterprises continue to choose Hortonworks. These digital transformation initiatives are happening across every industry, and in our earnings materials last week, we highlighted two industries that are being transformed by data.
First, in energy:
– Open Energi, a clean tech company in the UK uses our platforms to get actionable intelligence to aggregate demand for large commercial users who want to optimize their energy use by adjusting power consumption in real time.
– Rowan Companies uses Hortonworks to collects data in real-time via satellite from industrial control systems in order to remotely monitor its single most valuable asset – a drillship in the Gulf of Mexico
– CenterPoint Energy works with us to capture terabytes of utility data, from 2.3m smart meters, vital to the company’s operations, customer service consumers and regulatory requirements.
– GreenField Specialty Alcohols in Canada chose Hortonworks to replace its custom-built app for ingesting data from factories in order to enable business users to answer their own questions about how to improve efficiency and produce clean fuel at a lower cost.
– The University of Texas at San Antonio adopted HDP for an ambitious project into how energy is produced and transmitted in the state to improve reliability, match production with demand and minimize environmental impact.
Second, in financial services:
– Discover Financial Services, a leader in innovation and data management, leverages its strengths in technology, analytics, credit risk and customer service, based on Hortonworks.
– Morningstar adopted Hortonworks to power a modern data engine to enrich financial advice for investors based on better data.
– LendingPoint uses data-driven insight to look beyond a borrower’s credit score and offer affordable loans to people who might otherwise be declined. We feel very proud to partner with them in its mission to provide fair access to credit.
We continue to see tremendous evolution across the IT landscape driven by incredible innovation within the Hadoop ecosystem. We believe this transformation is a “once-in-a-generation” event for the industry and we are well poised at Hortonworks to capitalize on this opportunity. With that said, it’s important to thank our customers, the open source community, and our partners, employees and shareholders for their support. Key open source data technologies like Apache Hadoop, Apache Spark and Apache NiFi would simply not have the market penetration today without you.