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10 hot Big Data startups to watch

Jeff Vance | June 13, 2013
Big Data startups are building viable products that target real-world pain points, and most of these Big Data new ventures are well-funded with solid management teams. Here are 10 Big Data startups to watch.

Why they're on this list: Big Data is hot, and Cloudera pioneered the Hadoop-based Big Data space. Moreover, they're sitting on a giant pile of VC cash and have a top-notch management team.

Frankly, we thought long and hard about leaving Cloudera off this list -- not because they don't belong, but because they've been doing well enough for long enough that we're not sure that the label "startup" really fits anymore.

However, they did well in Startup50.com voting (finishing in the top 10), and they pretty much proved the business case for Hadoop. Cloudera lets users query all of their structured and unstructured data to gain a view beyond what's available from relational databases. Cloudera recently released Impala, a new open-source interactive query engine for Hadoop that enables interactive querying on massive data sets in real time.

Market Potential and Competitive Landscape:Gartner forecasts that Big Data will drive $34 billion in IT spending this year, increasing to $232 billion by 2016. Gartner also predicts that by 2015 65 percent of packaged analytic applications with "advanced analytics" will include embedded Hadoop.

Cloudera clearly has first-mover advantage, but competitors include EMC, Pivotal, Hortonworks and MapR. Intel just entered the fray, as well. Customers include CBS Interactive, eBay, Expedia, Monsanto and Samsung.

3. LucidWorks

What they do: Provide enterprise search tools to help navigate Big Data.

Headquarters: Redwood City, Calif.

CEO: Paul Doscher. Prior to LucidWorks, he was CEO of Exalead, an enterprise search company. Back in 2003, he became CEO and one of the principal founders for JasperSoft, an open-source business intelligence platform provider, and he later served as EVP of worldwide field operations for VMware.

Founded: 2008

Funding: Total venture funding stands at $16 million (from Granite Ventures, Walden International, In-Q-Tel and Shasta Ventures).

Why they're on this list: IT organizations are beginning to collect orders of magnitude more data than they gathered even a few years ago. Collecting data is one thing; however, making actual use of it is another. Enterprise search clearly has a role to play in terms of making Big Data accessible. The challenge is doing it in a way that other applications can utilize.

LucidWorks Search is designed to help developers build highly secure, scalable and cost-effective search applications, while providing a simple and comprehensive way to access open-source search technologies.

LucidWorks Big Data is an application development platform that integrates search capabilities into the foundational layer of Big Data implementations. The product is built on a foundation of key Apache open-source projects and enables organizations to quickly discover, access and evaluate large volumes of structured and unstructured data. LucidWorks Big Data and LucidWorks Search work hand-in-hand to accelerate and simplify the building of highly secure, scalable and cost-effective search applications.

 

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