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.
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.