Cloudera has begun rolling out the much-needed revamp of its big-data platform with a new database management and machine learning engine for multiple functions including large-scale, self-service analytics and AI capabilities using telemetry consumed from edge-based endpoints. Under development since completing its merger with onetime rival Hortonworks earlier this year, the company officially launched the Cloudera Data Platform (CDP) during this week's O'Reilly Strata Data Conference in New York. Faced with declining demand for Hadoop, the engine for early cloud-based streaming analytics architectures, the companies came together with CDP as Cloudera's next act. Most notably, Cloudera replaced the core Hadoop Distributed File Store (HDFS) with a cloud object store that can run in Kubernetes clusters. CDP is available in the three major public clouds (AWS, Microsoft Azure and Google Cloud) and on premises, with a bare-metal server version of Cloudera's object store based on Apache Ozone, developed by Hortonworks as a more scalable extension of HDFS.
Cloudera today shed more light on its strategy to develop a unified flagship offering called Cloudera Data Platform, which is core to its emerging "enterprise data cloud" strategy. It also announced plans to maintain existing Hortonworks and Cloudera platforms into 2022 and to cross-pollinate existing products in the meantime. Cloudera's new CDP platform will run and be supported on-premises, on private clouds, on the five biggest public clouds run by Amazon, Microsoft, Google, IBM, and Oracle, and any combination thereof, the company said today. The timeline for delivery of CDP was not disclosed. The company, which completed its merger with Hortonworks last week, revealed that it's planning two iterations of CDP, which the company had previously referred to as its "Unity" release.
Cloudera and Hortonworks are merging operations in a $5.2 billion deal. The merger combines Cloudera's focus on data warehousing and machine learning with Hortonworks efforts in data management. While described as a "merger of equals," Cloudera shareholders will control 60 percent of the combined entity. Hortonworks shareholders will receive 1.305 common shares of Cloudera for each share of Hortonworks stock owned. Cloudera's stock surged more than 24 percent in after-hours trading to $21.25 per share.
Back in October it was announced that Cloudera and Hortonworks had agreed on a merger, bringing together two heavily VC-backed companies specialising in enterprise versions of open source big data technologies, specifically Hadoop and Spark, under one roof. "I cofounded Cloudera a decade ago," said Mike Olson, chief strategy officer, Cloudera, "with the conviction that big data would be a big deal for large enterprises and I am genuinely excited at the prospect of bringing the companies together." Olson added that the merger will not "fundamentally" change how he thinks about the industry and where it is headed. "We have been focused on storing and managing and analysing data at scale and have been active participants and contributors to the open source ecosystem for 10 years now," he said. "All of that is driven out of a conviction that large enterprises have more data than ever before and need to analyse it in ways that weren't available."