Cloudera's CEO Discusses Carl Icahn's Stake, R&D Efforts and More
Summary
Cloudera, which in January merged with rival Hortonworks, is a major provider of software used by enterprises to carry out big data/analytics projects. Given Icahns history, his stake in Cloudera has naturally fueled speculation that he might eventually push for a sale effort, major cost cuts or some other type of big strategic change. Cole was eager to discuss the ways in which combining Cloudera and Hortonworks product lines and technology strengths puts his firm on better competitive footing. Cole added that pairing Cloudera and Hortonworks engineering teams will prove quite valuable as the company continues developing its recently-announced Cloudera Data Platform, an end-to-end big data/analytics platform that aims to provide the same experience, as well as the same security and governance capabilities, when run within on-premise (local data center) or public cloud environments, or when used for hybrid cloud deployments that span the two environments. Separately, Cole suggested Clouderas recent licensing policy changes, which will result in all of its software being provided via open-source licenses by February 2020, will better protect its work so that it cant be easily co-opted by public cloud providers for their own services (this has also been a concern for some other software firms, such as MongoDB (MDB) - Get Report and private Redis Labs).
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