Xplenty Hits New Milestones Following U.S. Launch
500,000 data jobs and more than one petabyte processed since debuting in the U.S.
SAN FRANCISCO, CA (December 23, 2014) – Xplenty, the big data processing platform powered by Hadoop, today announced a series of new benchmarks since making its innovative and easy-to-use big data processing technology directly available to customers in the United States. Since its U.S. rollout, Xplenty has executed half a million Hadoop-facilitated data jobs totaling more than one petabyte of data.
Xplenty allows organizations to integrate, process, and prepare data for analytics both on the cloud and on-premise, without any Hadoop expertise or background writing code. By providing Hadoop processing in a coding and jargon-free environment, Xplenty ensures businesses can quickly and easily benefit from the opportunities offered by big data without having to invest in hardware, software, or related personnel.
“The interest we’re seeing can be attributed to several factors,” said Yaniv Mor, CEO and co-founder of Xplenty. “First, Hadoop is scaling very quickly. As a result, it’s driving overall adoption of Hadoop-based technology, like Xplenty. However, Hadoop’s scale is creating challenges related to personnel, with some businesses struggling to find the talent needed to use it. Xplenty solves that, by requiring no previous Hadoop expertise. It’s coding-free, with no Hadoop jargon. It’s the perfect solution for new adopters.”
Xplenty users do not need to know how to use Hadoop to use the platform, making data processing accessible for everyone in an organization. Taking the complexity out of Hadoop has grown increasingly important. The global Hadoop market will grow 58 percent over the next six years, with companies set to invest more than $50 billion in Hadoop during that time.* However, in conjunction with Hadoop adoption, the U.S. will face a peak shortage of data scientists by 2018, making it especially challenging to build expert data teams to manage Hadoop initiatives in-house.** As a platform, Xplenty seeks to solve these problems.
“In addition to ease-of-use, we focus on processing data, which has proven to be the biggest challenge for businesses trying to make sense of their raw data for analytics,” added Mor. “Data handlers spend up to 80 percent of their time cleaning up data—essentially being ‘data janitors.’ With Xplenty, however, you can be up-and-running within a matter of minutes and focus efforts on identifying insights instead of preparation.” Xplenty is fully supported across Google Cloud Platform, Amazon (AWS), Rackspace, and IBM’s SoftLayer. Its multi-platform functionality enhances flexibility, allowing users to import data from wherever it may be stored, then process and prepare it for analysis with BigQuery, Redshift, and more.
The company recently raised $3 million in Series A funding from Waarde Capital and existing seed investor Magma Venture Partners. For more information about Xplenty, please visit: www.xplenty.com.
Xplenty’s platform allows organizations to integrate, process, and prepare data for analytics both on the cloud and on-premise, without any Hadoop expertise or background writing code. By providing Hadoop processing in a coding and jargon-free environment, Xplenty ensures businesses can quickly and easily benefit from the opportunities offered by big data without having to invest in hardware, software, or related personnel. With Xplenty, Hadoop non-experts can have immediate connectivity to a variety of data stores and a rich set of out-of-the-box data transformation components. To learn more or to sign up for a 7 day free trial, please visit www.xplenty.com and follow us on Twitter.
* Allied Market Research, “Hadoop Market Forecasted to Reach $50.2 Billion by 2020,” 2014
** McKinsey Global Institute, “Game changers: Five opportunities for US growth and renewal,” 2013
Chris Harihar, Crenshaw Communications for Xplenty email@example.com 212-367-9748