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Cloudera’s investors said that Intel’s investment of US$740 million in Cloudera means that Cloudera’s big data software, Hadoop, is no longer a technical curiosity.
Intel's investment in Cloudera was valued at US$4.1 billion and it gave up its own version of Hadoop. Hadoop splits large amounts of data into blocks and distributes it on thousands of standard servers for data analysis. Intel's chips have become the driving force behind many of these servers. The company expects to use more Hadoop to gain profits.
According to foreign media reports, there are only 1000 cases of Hadoop currently used for commercial purposes.
Cloudera investor Frank Artale was the managing director of Ignition Partners and a former Microsoft executive in the 1990s. He said that everything Intel has done with Cloudera has also been done for Microsoft and Windows.
Intel had been working with Microsoft to make Windows work better on Intel chips. As the former general manager of Windows 2000, Artale said: “Their customers — like Compaq and HP — say, 'Intel believes it, so we believe too.' It, 'Then the corporate customers also believe it.'
Investors said that program developers will follow. Li Ping, partner of Cloudera's director, Accel, stated: "Intel has a huge hardware and software ecosystem. Cloudera is a big partner for data applications."
Cloudera had already raised $1.2 billion at the end of this round of financing, but it allowed several other versions of Hadoop to have its own software development system at Google and Yahoo, which is free to use and is known as an open source in the industry.
According to statistics, including Hortonworks and MAPR technology, there are three venture capital companies that support Hadoop, and some investors say that these companies can be made public. Similarly, International Business Machines Corporation, Pivotal, and joint ventures of VMware and EMC (where GE holds shares) also have versions of Hadoop.
Cloudera expressed its expectation that big data software will have great growth in the market, and will invest 3 billion US dollars in citing IDC data to achieve the goal of autonomously connecting endpoints on the Internet by 2017, and from 2010 to 2020, the data will increase globally by five. ten times.