Hortonworks and New Relic Post Impressive Gains In First Day Of IPO Trading

On Friday December 12, Hortonworks finished its first day of trading with a share price of $26.48, roughly 65% more than the IPO price of $16 per share. Hortonworks plans to raise $100M by means of 6,250,000 publicly available shares. Friday’s impressive showing bodes well for the Hadoop infrastructure and analytics market in 2015, particularly given that Hortonworks competitors are gearing up to execute IPOs in 2015 or shortly thereafter. Cloud monitoring and analytics vendor New Relic similarly gained in its first day of trading by rising 48% from $23 per share to $33.02 by the end of the day. The results represented a huge coup for venture capitalist Peter Fenton of Benchmark Capital, who serves on the board of directors of both companies. Whereas Hortonworks raised $100M in its IPO, New Relic raised $115M. The real winner in both of these IPOs, however, is Yahoo given that Yahoo owns roughly 20% of the shares of its spin-off Hortonworks and 16.8% of shares of New Relic.

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Treasure Data Partners With Yahoo Japan To Promote Its Cloud-based Big Data Processing And Analytics Platform

Today, Treasure Data announces a partnership with Yahoo! JAPAN whereby Yahoo! JAPAN will resell the Treasure Data platform to customers interested in leveraging the platform’s Big Data capture, processing and analytics capabilities. Branded the Yahoo! JAPAN Big Data Insight, the collaboration between Treasure Data and Yahoo! JAPAN will allow organizations to store and run analytics on massive amounts of real-time data without managing the relevant hardware infrastructure or mastering the intricacies of MapReduce. The Treasure Data platform embodies the intersection between cloud computing and Big Data given that customers have the opportunity to take advantage of Treasure Data’s cloud for storing Big Data as illustrated below:

The graphic above illustrates the Treasure Data platform’s ability to collect, store and run real-time analytics on massive amounts of cloud-based data. Worth noting about the Treasure Data platform is that although the platform specializes in Big Data processing and analytics, data is not stored within the HDFS Hadoop data format. Instead of HDFS, the Treasure Data platform stores data as Plazma, its “own distributed columnar storage system” that boasts attributes such as scalability, efficiency, elasticity and a schema-less architecture. Plazma’s columnar storage structure means that queries can focus on swathes of data in contrast to the entire dataset, thereby enabling faster queries, more effective use of the platform’s schema-less data model and superior performance all around. Plazma is achieved by transforming row-based JSON data into a columnar format that optimizes storage and the processing of analytical queries. Treasure Data’s resulting analytical platform features use cases such as web-based data from software applications and mobile applications in addition to data from the internet of things such as appliances and wearable devices. Today’s announcement represents a huge coup for Treasure Data because of the co-branding of its technology alongside Yahoo, one of the industry’s experts in the storage, processing and analysis of Big Data. Moreover, the collaboration with Yahoo promises to strengthen Treasure Data’s market presence in Japan and potentially pave the way for greater market expansion into Asia and the Pacific Rim, more generally.

Yahoo Ventures To Redefine Digital Media With Hire Of Katie Couric

In a blog post today, Yahoo CEO Marissa Mayer confirmed and elaborated on Yahoo’s decision to hire Katie Couric as Global Anchor for a team that includes David Pogue, Megan Liberman and Matt Bai. Mayer noted that Couric will be instrumental in “pioneering a new chapter of digital journalism” given that Yahoo is “investing in bringing our users the absolute best content and video experiences available.” The decision to hire Couric illustrates the seriousness of Mayer’s interest in re-orienting Yahoo towards video-based contemporary media coverage delivered via the internet. As a technology company, the move towards video represents a distinct effort on the part of Yahoo to compete with Google’s YouTube-based video supremacy, although Mayer’s interest clearly rests in redefining the meaning of contemporary news coverage.

A disruption in the way contemporary news is operated and delivered would be nothing short of opportune given the media ecosystem’s dependence on sensationalist and anecdotal stories to drive traffic on the theory that a certain percentage of such stories will go viral. The obvious question accompanying Couric’s hiring, however, is whether Mayer and Yahoo have thought through a platform and operational process to deliver curated, original, high quality, personalized media content that sets a new standard for digital journalism and contributes to the revolution in information delivery enabled by Yahoo’s position as a technology company, its experience with Big Data and enviable roster of media personalities. Katie will start her new role as Global Anchor of Yahoo sometime early in 2014 but will continue hosting her talk show “Katie” on ABC.