|[January 12, 2018]
MapR Names John Schroeder Chairman and Chief Executive Officer
Technologies, Inc., a pioneer in delivering one platform for all
data, across every cloud, today announced that company Founder and
Executive Chairman John Schroeder will return as Chairman of the Board
of Directors and Chief Executive Officer, effective immediately. Matt
Mills who previously served as Chief Executive Officer will be leaving
"MapR continues to represent an extraordinary opportunity with strong
growth in a very exciting market. We thank Matt for his hard work and
MapR's operational expansion under his leadership," said Gene Frantz,
Partner CapitalG (formerly Google (News - Alert) Capital). "John's depth in the
enterprise big data market, his strategic vision and experience as CEO
makes him the optimal leader to continue the strong growth of the
company, position the company for the public market, and accelerate
Results for the period ended October 31, 2017 showed annual
year-over-year subscription billings growth of 66 percent. During the
quarter, MapR continued to grow its customer base across industries and
maintained a greater than 95 percent customer retention rate. MapR's
dollar-based net expansion rate exceeded 150 percent for the previous
twelve months. The MapR Converged Data Platform is proving to be the
data platform of choice for global enterprises who are executing against
their digital transformation strategy.
"These are exciting times for MapR. Our original vision and data
technology we have put in place is now at the center of cloud, machine
learning, and edge processing," said John Schroeder, CEO, MapR.
"Customers from leading organizations continue to transform their
businesses with our revolutionary technology in multiple industries,
such as financial services, telco, retail, networking and healthcare. We
view our continued customer growth as validating our approach and
innovation of a single data platform that enables a true global data
fabric to harness value from all types of data."
Continuing Customer Expansion and New Customer Wins
MapR continues to attract new customers and expand existing customers
around the globe including Anadarko, Denver Health, Netshoes, Societe
Generale Group, and US government agencies such as the Department of
Defense and the Drug Enforcement Agency.
One of the largest financial institutions in Japan, with over 550
branches and offices in Japan and in thirty-six other countries and
regions, adopted the MapR Converged Data Platform to enable greater
speed and efficiency in its asset liability management system.
"Our customers and our external security auditors require that we retain
an authoritative record of all data being ingested into and processed by
our ALLOY™ Platform for Healthcare," said Lance Pilkington, vice
president of compliance, Liaison Technologies (News - Alert). "We built and maintain
the ALLOY Platform to meet the highest standards of data compliance on
behalf of users. In today's era of Big Data, traditional approaches to
addressing data lineage requirements simply cannot meet our customers'
compliance needs. Liaison Technologies leverages MapR Event Streams
(MapR-ES) extensively as the foundation of our compliance-ready lineage
solution, as it allows us to keep an immutable log of all transactions."
Industry Leading Technology Innovations for the MapR Converged Data
MapR announced the MapR
Data Science Refinery, a new solution that provides data
scientists an easy way to access and analyze all data in-place, to
collaborate, build and deploy machine learning models on the MapR
Converged Data Platform.
Released the MapR
Orbit Cloud Suite, a comprehensive set of cloud computing
capabilities enabling organizations to build data fabrics for the
[first time that manage data across one or more clouds, hybrid clouds,
or to the edge with the MapR Data Platform.
Released a comprehensive Data
Governance Quick Start Solution (QSS), aimed at removing any
guesswork required to achieve a fully secure and governed cluster
running the MapR Converged Data Platform.
Launched Managed Services for the MapR Converged Data Platform,
enabling customers to focus on building a wide range of applications
from analytics to machine learning and artificial intelligence (AI),
while MapR manages the daily operations of the customer's big data
infrastructure from on-premises, across clouds and to the edge.
MapR delivered extensive updates to MapR-DB that enable rich
applications, in-place and continuous machine learning/AI and SQL
capabilities, and global real-time data integration and micro-services
"Xactly's (News - Alert) SPM Suite, predictive analytics and big data intelligence are
the foundation for the sales programs of more than 1,200 customers.
Billions of transactions flow through our systems each quarter and we
have handled more than $20 billion in incentive compensation payments in
the last two years alone," said Ron Rasmussen, CTO, Xactly Corporation.
"If our systems aren't running at maximum performance, the course of
business slows and people don't get paid. MapR understands that our
database architecture is critical to our success and that of our
customers. Their system provides the flexibility and integrated
analytics required for Xactly to continue to build and scale SPM
solutions that are unmatched in performance, scalability and uptime."
Product Accolades and Industry Recognition
Received numerous editorial and readership awards for:
MapR: Datanami's Readers' Choice Awards Top 5 Vendors to Watch
and Best Big Data Product or Technology: Internet of Things (IoT);
and Database Trends and Applications (DBTA) Big Data 50
MapR-XD: TMC's (News - Alert) Data Center Excellence Awards
MapR-ES: DBTA's Readers' Choice Award for Best Streaming
Thriving Partner Ecosystem
The MapR Converged Data Platform became available in the Oracle Cloud
IoT and MapR announced a strategic partnership to collaborate on
new technology developments and go-to-market initiatives that enable
rapid deployment of mission-critical, secure intelligent applications
based on artificial intelligence and Internet of Things (IoT).
Initio and MapR are enabling joint customers to leverage the
economies of scale-out architectures of commodity server clusters for
high-performance mission-critical applications with strict data
lineage and governance requirements, that are especially important in
industries such as financial services.
and MapR partnered to build a collaborative workflow environment where
data science experiments can run directly on the MapR Converged Data
Platform without requiring a separate compute cluster to access data.
MapR expanded its data governance partnerships with Cask, Collibra
and Waterline, and unveiled a DataOps-driven approach
to governance in the age of big data where joint customers can now
leverage platform-level capabilities for compliance-ready data lineage
and the management of metadata at scale.
About MapR Technologies
Technologies, a pioneer in delivering one platform for all data
across every cloud, enables companies to harness the power of all of
their data with the MapR Converged Data Platform. With the MapR
Platform, companies can do analytics and applications together as data
happens to create intelligent, next-generation applications to
outperform the competition. Global 2000 enterprises are using the MapR
Platform to help them solve their most complex data challenges. Amazon,
Cisco, Google, Microsoft, SAP (News - Alert) and other leading businesses are all part
of the MapR ecosystem. For more information, please visit: www.mapr.com.
MapR is a registered trademark of MapR Technologies, Inc. in the United
States and other countries. Other names and brands may be the property
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