Cloudera looks to being a true multi-cloud home and calls out Amazon as primary competitor
CLOUDTECH | March 15, 2019
Cloudera posted total revenues of $144.5 million (£108.9m) for its most recent quarter, and while it may have disappointed investors, the company said its ‘enterprise data cloud’ strategy with Hortonworks on board will help turn things around.Of total revenues for the quarter ending January 31 – up 36% from this time last year – 85% of it came from subscriptions, while the remainder came from services. For the full financial year, revenue was $479.9m, up 28% from the previous year’s figures.Naturally, the major talking point from Cloudera’s most recent quarter was its acquisition of Hortonworks for $5.2 billion back in October. At the beginning of this year, chief marketing officer Mick Hollison told this publication of how the companies were seeing threats from both fronts; the proprietary big data vendors, as well as the public cloud behemoths.Replying to an analyst question on who their main competitor was, Cloudera CEO Tom Reilly was unequivocal. “Who is our number one competitor? It’s Amazon,” he said. “It’s Amazon’s house offerings in the data management and analytic space – and we believe we are well positioned to compete against them.