Cloudera Honored Among The Americas’ 100 Most Innovative Startups By Red Herring
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, the leader in Apache Hadoop-based software and services, enables data driven enterprises to easily derive business value from all their structured and unstructured data. Cloudera's Distribution including Apache Hadoop (CDH), available to download for free at www.cloudera.com/downloads, is the most comprehensive, tested, stable and widely deployed distribution of Hadoop in commercial and non-commercial environments. For the fastest path to reliably using this completely open source technology in production for Big Data analytics and answering previously un-addressable big questions, organizations can subscribe to Cloudera Enterprise, comprised of Cloudera Manager software and Cloudera Support. Cloudera also offers training and certification on Apache technologies, as well as consulting services. As the top contributor to the Apache open source community and with tens of thousands of nodes under management across customers in financial services, government, telecommunications, media, web, advertising, retail, energy, bioinformatics, pharma/healthcare, university research, oil and gas and gaming, Cloudera's depth of experience and commitment to sharing expertise are unrivaled. www.cloudera.com