MapR says Q4 revenue embiggenment was down to ex-Oracle chap
Privately held firm boasts about ever-bigger claimed numbers
San Jose software biz MapR has thanked ex-Oracle executive Matt Mills, who is now the company's president and COO, for its best ever quarterly billings.
The privately held and VC-backed company, which announced the award of its first patent last week, stated that its accelerated Q4 drove a doubling in its annual billings ledger, "reflecting the operational impact of recently appointed president and COO, Matt Mills."
MapR snagged Mills in October 2015 but MapR didn't say what dates cover its fourth financial quarter.
Mills was hired after he'd left database giant Oracle and where he'd served as senior vice president and general manager of the executive committee. Mills has 20 years under his belt at Oracle.
The ex-Oracle man said he joined MapR to "scale the business" in a "very competitive" market.
Ahead of this week's results Jack Norris, MapR's marketing chief, told The Register that in January Mills was not just taken on to help the company develop its enterprise credentials and open the door to Oracle customers, but was “more about execution.”
“Our strategy and product are in place, but as we're doubling the size of the company the ability to do that smoothly and at scale is a big advantage,” Norris said, before acknowledging that Mills had “a lot of industry contacts.”
Announcing its results, MapR claimed its “dollar-based net expansion rate” was 146 per cent and that it had “an impressive” 99 per cent customer retention rate. Customers include NASDAQ, Wells Fargo, American Express, Comcast, Qualcomm, Rubicon and Samsung.
Norris said MapR's success wasn't only down to Hadoop even though it's what the company is best known for. Norris avoided clarifying but told The Register: “You need to look at Hadoop as a collection of OS projects that provide processing on top of the data layer.”
The company's core product is a "converged data platform" allowing customers to use Hadoop and Spark. Norris said: “MapReduce is dead.”
“Hadoop 1, and Hadoop 2, and Spark... all have their place today and our platform doesn't require you to choose. We have customers running all three on the same cluster. Eighteen per cent have 50 or more applications on the same cluster,” added Norris. ®
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