NEW YORK, Aug. 24, 2015 /PRNewswire/ -- Ernst & Young LLP announced today a strategic business relationship with Hortonworks, Inc.® (NASDAQ: HDP) to provide new data management offerings that leverage and extend Hortonworks Data Platform (HDP™) together with EY's data and information management services.
The alliance comes at a critical juncture as today's data-driven organizations are looking to leverage newly available data (structured and unstructured) to gain better insights and increase operational efficiency, improve profitability and reduce costs, ultimately with a goal of obtaining a competitive edge in the marketplace.
"Many leading organizations are drowning in data, yet they lack the ability to analyze and drive value from the vast amount of information at their disposal," said Scott H. Schlesinger, Principal, Ernst & Young LLP and EY Americas IT Advisory. "The alliance will enable EY and Hortonworks to assist organizations in driving value from their existing technology."
The core of the relationship between EY and Hortonworks focuses on the vast number of organizations that are currently leveraging or plan to leverage Hadoop for their complex data storage needs and EY's ability to help address key business and technological considerations, such as:
- The ability to store large volumes of unstructured data, enabling forward-looking and actionable intelligence (as evidenced by EY's recently released warranty analytics solution)
- Real-time collaboration and monitoring of information to drive faster response and performance (i.e., monitoring a patient's vital signs in real-time in healthcare)
- Enabling a 360-degree view of a customer that enables tailored offerings and service level agreements based on customer segmentation
- Quickly mining data and converting them into insights to help clients in their efforts to increase revenue, decrease cost and drive the customer experience
"Together, Hortonworks and EY are committed to helping enterprises around the globe manage big data and analytics for insight-driven decisions," said Mitch Ferguson, vice president of business development at Hortonworks. "This alliance will strengthen EY's ability to implement enterprise-level big data software, including HDP, to turn data into an asset, further addressing the business and technology needs of organizations."
The strategic business relationship will utilize EY's emerging technology enablement, analytics, and program management practices to deliver new offerings using HDP. Leveraging Hadoop will help businesses create the right infrastructure to support their data analytics efforts and increase their ability of gaining a real-time understanding of their business through big data.
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