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HADOOP MARKET ANALYSIS

Hadoop Market, By Component (Software, Hardware, and Services), By Deployment (On-premises and Cloud-based), By End User (Banking, Financial Services, and Insurance (BFSI), Retail and E-commerce, Healthcare and Life Sciences, Manufacturing, IT and Telecom, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Key Developments

  • In July 2023, Google LLC, a leading technology company known for its innovative cloud solutions, introduced the Hive-BigQuery Connector to facilitate seamless integration between Apache Hive and Google BigQuery. This open-source connector enables efficient data processing and analysis across both platforms, allowing users to execute SQL-like queries using HiveQL. It ensures data consistency and reliability while supporting various execution engines and data interaction operations, streamlining workflows for data engineers and enhancing overall analytics capabilities.
  • In December 2022, Alteryx, Inc. (NYSE: AYX), known as the Analytics Automation Company, announced a strategic investment in MANTA, a leading data lineage company. This partnership enables enterprises to achieve complete visibility into complex data environments. Together, Alteryx and MANTA are developing an end-to-end system that allows organizations to thoroughly understand data lineage, including the flow of data within a company, its origins, processing methods, and analytical uses. The investment from Alteryx Ventures will help MANTA enhance product innovation, expand its partner network, and grow in key markets, furthering Alteryx's commitment to enterprise governance, risk, and compliance.
  • In October 2022, Alteryx, Inc. (NYSE: AYX), known as the Analytics Automation Company, announced significant advancements to its Alteryx Analytics Cloud platform. These developments aim to provide unified and user-friendly end-to-end analytics in the cloud, enhancing enterprise-wide analytics capabilities. The new cloud, machine learning, and security features are designed to accelerate analytics processes, delivering business-changing insights to organizations.
  • In August 2022, SAS Institute Inc., a global leader in analytics and data management software, collaborated with SingleStore, a provider of cloud-native databases, to deliver a next-generation data and analytics architecture. This integration allows SAS Viya to utilize its advanced analytics and AI technology on data stored in SingleStore's real-time database. The partnership provides flexible, open access to curated data, helping organizations accelerate value across cloud, hybrid, and on-premises deployments, ultimately streamlining their analytics processes and enhancing decision-making capabilities.

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