Yahoo! and Benchmark Capital to form Hortonworks

 

Yahoo! and Benchmark Capital announced the formation of
Hortonworks, an independent company consisting of key architects and core
contributors to the open source Apache Hadoop technology pioneered by Yahoo!.

 

The formation of Hortonworks
increases investment in the development of Apache Hadoop and will accelerate
adoption by making it more robust and easier to install, manage and use for
enterprises and technology vendors.

 

This investment will enable Apache Hadoop to meet the
growing market demand and become the big data management and analysis platform
of choice for the industry.

 

Apache Hadoop is the open source technology at the epicenter of big data and cloud computing. It enables
organizations to more efficiently and cost-effectively store, process, manage
and analyze the ever-increasing volume of data being created and collected
every day.

 

With Apache Hadoop companies can connect thousands
of servers to process and analyze data at supercomputing speed. Yahoo!
pioneered, is the primary contributor to, and one of the leading users of
Apache Hadoop.

 

Apache Hadoop has been and will continue to be an
important area of investment for Yahoo!. The creation of Hortonworks will
enable Yahoo! to leverage a commercial partnership in addition to our continued
internal investment to accelerate the evolution of the technology and its use
to power Yahoo!’s business,” said Jay Rossiter, senior vice president, Cloud
Platform Group at Yahoo!.

 

Forming Hortonworks with Benchmark Capital is the
natural next step in the evolution of Apache Hadoop. As Hadoop demand continues
to increase, Hortonworks will help organizations more rapidly and effectively
implement the technology to derive value and insights from large data
sets,” Rossiter added.

 

We anticipate that within five years, more than half the
world’s data will be stored in Apache Hadoop. We’ve assembled a top caliber
team committed to the Apache open source community and with the technology and
business expertise to deliver value to the big data market,” said Eric
Baldeschwieler, named CEO of Hortonworks and formerly VP of software
engineering for the Hadoop team at Yahoo!.

 

Apache Hadoop is an exceptionally valuable
technology and its growing adoption during the last five years demonstrates its
potential to quickly become the de facto platform for managing big data,”
Baldeschwieler added.

 

Apache Hadoop plays a critical role in helping Yahoo!
deliver personalized content and experiences to its nearly 700 million
consumers worldwide. Apache Hadoop also helps drive Yahoo!’s powerful
advertising platforms that serve billions of digital advertisements daily, and
enables Yahoo! to provide enhanced anti-spam capabilities for Yahoo! Mail.

 

Yahoo! funded the early prototyping of Hadoop in 2005. In
2006 Yahoo! committed to using the technology in its core infrastructure and
invested in building it from a prototype to the system it is today,
contributing all its work back to Apache.

 

Today Apache Hadoop is widely deployed at organizations
around the globe, including industry leaders from across the Internet and
social networking landscape such as eBay, Facebook, Netflix and LinkedIn. Other
technology leaders including Microsoft, Amazon Web Services and IBM have
integrated Apache Hadoop into their offerings.

 

By TelecomLead.com Team
[email protected]