There is a possible and attractive IPO of Hortonworks, which is a maker of Hadoop Big Data software…. this is creating a big trend as many IPOs are moving into the big data market and creating serious competition of traditional companies like IBM or Google.Thought this was pretty interesting.
“Hadoop is one of the hottest open source frameworks for storing and analyzing chunks of data. It helps developers and enterprises to build solutions for what many call “big data,” which has become a multi-billion dollar industry. IDC predicts the big data market will become a $100 billion industry by 2020, with Hadoop comprising half of its value.
For those not familiar with Hadoop, it’s a software that makes it cheap and easy to manage massive bits of data. It processes petabytes of data on cheap hardware, unlike in the past when you needed supercomputers to work with.”
This is the link to the full article: http://www.businessinsider.com/hortonworks-files-for-ipo-2014-11#ixzz3J413TDnB
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