Microsoft, IBM and Cask Data Top TechNavio’s List of Key Vendors in the Global Hadoop-as-a-Service Market

TechNavio, a tech-focused research firm, has published a list of the Top 16 Hadoop-as-a-Service Companies.

TechNavio has prepared the list to accompany a recently published report on the Global Hadoop-as-a-Service Market.

Apache Hadoop is an open-source software platform that uses MapReduce technology to perform distributed computations on various hardware servers. HDaaS eliminates on-premise hardware by implementing Hadoop architecture as well as the supporting applications in a cloud environment.

“HDaaS vendors provide the Hadoop platform as a web-based subscription service on a pay-per-use basis. This makes the technology more cost-effective and less time-consuming for enterprises,” says Faisal Ghaus, Vice President of TechNavio.

The Global HDaaS market was valued at US$0.62 billion in 2014 and is expected to top US$13 billion by 2019, growing at a CAGR of 84.81 percent.

According to a new report from TechNavio, venture capital investment in the Global Hadoop Market has passed the US$250 million mark. Most of the companies investing in the technology are also providing HDaaS solutions.

“Vendors like Cloudera and MapR have raised millions thanks to investments from organizations like Accel Partners and Redpoint Ventures,” says Ghaus.

TechNavio’s list of top vendors highlights key players like Altiscale, FICO and Hortonworks, who are providing enterprise-grade big data management solutions.

TechNavio currently has more than 3000 market research reports on a huge range of topics, including:

• Global Hadoop Market 2014-2018

About TechNavio

TechNavio is a leading global technology research and advisory company.

Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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