SANTA CLARA, Calif., Nov. 3, 2016 /PRNewswire/ -- Hortonworks, Inc. ® (NASDAQ: HDP), a leading innovator of open and connected data platforms, today announced that it has exceeded 1,000 customers worldwide. In the six years since its founding, Hortonworks has rapidly built its customer base across industries—including healthcare, manufacturing, financial services, energy, telecommunications and public sector— by delivering the industry's only open and connected data platforms to manage data-at-rest and data-in-motion in any environment.
According to a 2015 report by Barclays Equity Research, Hortonworks was the fastest enterprise software company to reach $100 million in annual revenue having reached the metric in a record-breaking four years. Hortonworks is capitalizing on an estimated nearly $50 billion Hadoop market by 2019 (IDC, Worldwide Big Data Technology and Services Forecast, 2015–2019) and nearly $1.5 trillion Internet of Things market by 2020 (IDC, Worldwide Internet of Things Forecast Update, 2016–2020) with its connected data platforms, which are available for the data center and the cloud.
"Hortonworks has always placed a tremendous emphasis on delivering our customers world class technology innovation and proactive support," said Rob Bearden, chief executive officer at Hortonworks. "The momentum we are seeing with customers today across all industries proves that today's modern enterprises are increasingly relying on connected data platforms to manage all of their data in the data center and in the cloud."
Companies like Bloomberg, Progressive Insurance, Telefónica, Noble Energy, Symantec, Spotify, eBay and Western Digital have selected Hortonworks to extract value from all of their data. Hortonworks counts nearly 60% of U.S. Fortune 100 companies and over 25% of the Fortune Global 500 companies as customers. Hortonworks' customer momentum spans industries, including the following:
- Over 80% of the U.S. Fortune 100 Telecommunications & Media companies
- Over 70% of the U.S. Fortune 100 Retail companies
- Over 60% of the U.S. Fortune 100 Financial companies
With a dollar-based net expansion rate of 140% (calculated on a trailing four quarter average basis), customers who are renewing are investing more with Hortonworks to power their business transformation. Hortonworks is pioneering a shift to the modern data architecture empowered by 100% open source Apache Hadoop.
Supporting Customer Quotes
"We ingest over 60 terabytes of data daily from over 30 unique sources across 65 million devices, making us the elite source for network-level data," said Jason Delker, chief technology and data officer at Pinsight Media. "As such, we need a platform that aligns with our commitment to volume, veracity, velocity and variety of the data. Only Hortonworks Data Platform can provide both the scale and agility we need to let our clients be more precise in their targeting and more efficient with their ad buys."
"Telefónica Chile chose Hortonworks as a key technology provider for our real-time customer analytics program and for centralizing company's differential knowledge. Our company made substantial investments in both Hortonworks Data Platform and Hortonworks DataFlow in order to optimize all of our processes from reactive to proactive, such as service operation center or churn reduction initiatives," said Karim Acuña Touma, assistant director of Big Data and Analytics at Telefónica Chile. "We expect that real-time network monitoring will also help us do predictive management in order to save Opex, and proactively optimize our customer experience."
"We have built a cloud-based marketing data science service running on Hortonworks Data Platform," said Luca Olivari, chief data officer at ContactLab. "Our new framework to ingest, analyze and activate customer data provides a 360-degree view that improves engagement between our clients and their respective customers."
Hortonworks Customers http://hortonworks.com/customers/
Hortonworks Reports Financial Results for Third Quarter 2016
Connected Data Platforms http://hortonworks.com/products/
Hortonworks is an industry leading innovator that creates, distributes and supports enterprise-ready open data platforms and modern data applications that deliver actionable intelligence from all data: data-in-motion and data-at-rest. Hortonworks is focused on driving innovation in open source communities such as Apache Hadoop, Apache NiFi and Apache Spark. Along with its 1,800+ partners, Hortonworks provides the expertise, training and services that allow customers to unlock transformational value for their organizations across any line of business.
Hortonworks, Powering the Future of Data, HDP and HDF are registered trademarks or trademarks of Hortonworks, Inc. and its subsidiaries in the United States and other jurisdictions. For more information, please visit www.hortonworks.com. All other trademarks are the property of their respective owners.
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SOURCE Hortonworks, Inc.