Annual spend on relational database tools is double the underlying platform spend
Mike Olson · Mike Olson, Cloudera // The Cloudera Story (Hosted by FirstMark Capital) · Dec 18, 2014 · at 29:23
Mike Olson, co-founder and Chairman of Cloudera, compares spending on database platform software versus higher-level applications and tools.
0:00 / 0:09exact quote · 9.8s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Seventy billion annually is spent on services and applications and tools on top, right? So more than twice as big as the platform play is The tools play.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Mike Olson
Mike Olson predicts MapReduce compute cycles in Hadoop clusters will approach zero
“I think the percentage of cycles spent on MapReduce in Hadoop clusters generally is going to asymptotically approach zero. That's not because there will be less MapReduce happening, but because there will be so much of the other stuff happening.”
Cloudera uses proprietary management tools to prevent commoditization by large vendors
“Because we've got some management monitoring administrative tools That the big, well-capitalized vendors can't simply pick up and use against us. We've got a reason for customers to come and talk to us. It's not really about lock-in. It's about lock-out for IB…”
Big data market has the potential to surpass relational database market size
“I think that there's an opportunity for the big data market to be much bigger than the relational database market was, right?”
Only hybrid open-source models generate sufficient margins to fund platform innovation
“I am convinced that Only a hybrid company can basically generate the revenues and the margins that allow us to invest forward in innovation in the platform.”
Majority of big data market spend will go to applications, not platforms
“The lion's share of the money spent in the market Is going to be for apps, not for the platform.”
Hadoop was designed for new data problems, not relational database issues
“What we didn't understand at the time, and it's been a pretty common feeling, is Hadoop wasn't built to solve the problem we'd been solving with relational databases. It was designed to solve a new problem, and it turned out that new problem was going to be ve…”