Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO

Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by Firezen on Saturday March 11, 2017 @08:49AM (#13845399)

Big data software is becoming increasingly commoditized in the cloud (AWS, GCP, Azure) so Cloudera's only market is to sell to C-suites that fear or are misinformed on what is available on cloud platforms.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by jamesblonde on Saturday March 11, 2017 @05:53PM (#13847719)

In the long run, we'll all be in the cloud. But in the long run we're all dead. Between now and the long-run, there's lots of money to be made on-prem.

Databricks announced at the Spark Summit East '17 that they had over 400 customers. That's just a fraction of Cloudera's numbers. I guess on-prem can also get higher ARR than in the cloud right now. Cloudera will probably buy their way to the cloud.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by jacques_chester on Saturday March 11, 2017 @09:23AM (#13845480)

While the cloud providers are hollowing out part of the market, there's still brisk trade to be done with folk who won't or can't do their stuff in the public crowd.

Healthcare, finance, government organisations of varying purposes. That sort of thing.

Disclosure: I work for Pivotal, we have a Hadoop-related product (Pivotal HDB) as part of our Big Data Suite. I guess that makes us competitors with Cloudera.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by muninn_ on Saturday March 11, 2017 @10:52AM (#13845781)

I'm not sure a disclosure is required for a comment like this one.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by user5994461 on Saturday March 11, 2017 @11:34AM (#13845974)

Think of the disclosure as one more opportunity to quote his company name.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by jacques_chester on Saturday March 11, 2017 @11:37AM (#13845987)

Disclosure: I work for Pivotal. Insofar as my disclosures raise the expected value of my options by fourteen trillionths of a percent, I have a conflict of interest by saying Pivotal Pivotal Pivotal.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by user5994461 on Saturday March 11, 2017 @12:50PM (#13846319)

On the bright side, you're allowed to quote your company. Have a thought for poor people like me who are not.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by jacques_chester on Saturday March 11, 2017 @11:36AM (#13845983)

I have a cautious nature, informed by a mix of law school and flamewars.

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Re:Cloudera Said to Tap Morgan Stanley, JPMorgan, BofA for IPO by stanfordkid on Saturday March 11, 2017 @08:58PM (#13848458)

I really think you overestimate the rate at which Fortune-500 companies transition their core infrastructure to the cloud.

"C-suites" at F500 companies are not as stupid as they look, they just have limited technical resources to execute but plenty of $$$ to give to companies that can provide high-touch services.

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