The News: PALO ALTO, Calif., June 11, 2020 — Cloudera, (NYSE: CLDR), the enterprise data cloud company, today announced the culmination of the enterprise data cloud vision with the premiere of Cloudera Data Platform Private Cloud (CDP Private Cloud). CDP Private Cloud is built for hybrid cloud, seamlessly connecting on-premises environments to public clouds with consistent, built-in security and governance. Read the full press release.
Analyst Take: Over the past few years, Cloudera has been making a significant shift to enable it to support the enterprise shift in big data, analytics, machine learning and AI to the hybrid cloud. This has been the visible since the launch of the Cloudera Data Platform (CDP) and with the most recent announcement of the CDP Private Cloud, the company has now realized its hybrid cloud ambition.
Cloudera’s enterprise data cloud enables enterprises a platform for self-service analytics across hybrid and multi-cloud environments, and has the ability to support real-time data coming from the Edge as well as continued advancements in AI. The launch of CDP Private Cloud is important for completing the enterprise data cloud vision. Enterprise IT departments will now be able to use the platform to deliver any analytic function on any cloud. I believe this supports digital transformation efforts to work with data at greater speed while also providing the agility the business wants with the security and governance complexities that come with working with broad data sets from vast sources including real-time and on-demand data.
Overall Impressions of Cloudera CDP Private Cloud Launch
Cloudera’s deep roots in enterprise big data has served as a launching point for the company’s evolution into a broader, more modernized hybrid cloud offering.
The decision to build its vision partnering with RedHat OpenShift using truly cloud-native infrastructure is evidence that the company understands the hybrid and multi-cloud future that will need to be able to quickly react and respond to vast data sources while managing complexities like governance and compliance across the geographic dispersion of data.
I remain bullish on the prospects for Cloudera. The company’s responsiveness to the modernization of big data investments shows it is in touch with the market. The size of the company is also beneficial as it is large enough to develop class-leading technologies, but small enough to be nimble and adaptable to enterprise needs and technology partnerships with hyperscale cloud providers.
Futurum Research provides industry research and analysis. These columns are for educational purposes only and should not be considered in any way investment advice.