// LATEST INTELLIGENCE //
DON ’ T CALL IT A COMEBACK :
CLOUDERA ACCELERATES ITS HYBRID DATA CLOUD STRATEGY
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Introduction
Once the belle of the big-data ball , Cloudera has in recent years suffered its fair share of brickbats as the industry ’ s excessive exuberance gave way to a big-data backlash and the fickle fashionistas began to look elsewhere for the next big thing . With both the company and its customers distracted by the aftereffects of its consumption of former rival Hortonworks , Cloudera hit a low in June 2019 as its share price crashed amid disappointing first-quarter 2020 financial results and the departure of CEO Tom Reilly . Rather than panic , the company stuck to its plan and is now demonstrating the benefits of doing so , with fiscal 2020 results coming in above adjusted expectations and a clear strategic vision being articulated under the leadership of a familiar face – Hortonworks cofounder and former CEO Rob Bearden .
451 TAKE
With Bearden now at the helm and Cloudera operating a 100 % open source strategy , it might be easy to assume that the company is now a re-badged Hortonworks . Easy , but wrong . Already a board member , Bearden was instrumental in setting Cloudera ’ s sales strategy for 2021 that will see it doubling down on its hybrid cloud credentials based on the expansion of Cloudera Data Platform ( CDP ) Public Cloud and the delivery of CDP Private Cloud . Having survived the inevitable postacquisition indigestion , the combined Cloudera is now executing on its strategy and is well-placed to drive further growth thanks to a differentiated product portfolio that will enable it to address growing customer demand for hybrid cloud data processing , analytics and machine learning . �
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