Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Intel takes ‘significant’ stake in Big Data startup Cloudera

28/03/2014 by

W1siziisijiwmtqvmtavmjgvmtuvndcvmdqvnzq0l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0


Intel Corp said on Thursday it made a significant investment in Cloudera and will make the fast-growing startup its preferred distributor of software for crunching Big Data.

The top chipmaker said its equity investment in Cloudera makes it the company’s single largest strategic shareholder and it comes as Intel looks to expand its server business to make up for falling sales of personal computers.

Intel said the stake in Cloudera is its largest data center technology investment ever, although it did not disclose the size of the deal.

Cloudera, like rivals HortonWorks and Pivotal, focuses on helping corporate customers manage data through “Hadoop,” an open-source software system that can sort and handle the massive amounts of information, increasingly called Big Data, generated through the Internet and mobile devices.

Intel said it will promote Cloudera’s Hadoop platform and transition away from its own customized version that it had been promoting as optimal for Intel server chips.

Cloudera will now engineer its Hadoop offerings to work best with Intel’s server chip technology, which enjoys around 94 percent market share in data centers.

Intel will have a seat on the board of directors of Cloudera, which is widely expected to go public this year.

Intel hopes that encouraging more companies to leap into Big Data analysis will lead to higher sales of its high-end Xeon server processors.

With Intel’s core market of personal computers shrinking, the chipmaker’s server business is becoming a larger component of the company’s profits. But its growth has recently fallen short of expectations.

This article has been extracted from http://www.reuters.com, please click on this link to read the article in full http://www.reuters.com/article/2014/03/27/us-intel-cloudera-idUSBREA2Q1I520140327

Montash is a multi-award winning, global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

For more information please visit www.montash.com

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdcvmtgvmdgvndcvmduvntu5l2jpz3n0b2nrluv4b3rpyy1qyxjhzglzzs1ucmf2zwwtvg91cmktmtc2mju4ndm3lmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Getting Ready to Switch Off

2017-07-17 09:00:00 +0100

According to research by online travel company Expedia, just 53% of workers come back feeling rested after they’ve been on holiday. When you bring work-related stress on holiday with you, you’re never going to be able to truly switch off. So if you've got a summer holiday coming up, what should you do to switch off and unwind? Before you leave... Plan ahead As soon as you know when your last day of work is, make a plan. You don't want to get to that fin...

W1siziisijiwmtcvmdyvmzavmtyvmtgvmjavmtg5l3nodxr0zxjzdg9ja182njkxody3mdkuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

In Her Shoes... SAP Contracting

2017-07-03 09:00:00 +0100

In IT, being a freelancer is very common; due to the nature of project work or other life commitments. SAP is an area in which a quality freelancer can really thrive. We sat down with one of our SAP freelancers, who has 20 years' experience, to find out more about SAP and working under a contract employment model. "After getting a degree in computing, I started my career as a training assistant, but I've always liked to fix things. I used to fix my own ...