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160% Growth in Bookings for MapR in 3Q315

Company appointed Matt Mills as president and COO.

MapR Technologies Inc., provider of distribution for Apache Hadoop, announced record bookings in Q3.

This record quarter for MapR was underpinned by year-over-year increases in bookings of 160% and average expansion deal size of over 200%, and low customer churn.

Matt MillsIn addition, MapR announced the appointment of president and COO Matt Mills, and the introduction of the industry’s first in-Hadoop document database with native JSON support.

 

 

Customers continue to realize top-line revenue growth and operational efficiencies from their data-driven applications,” said John Schroeder, cofounder and CEO, MapR. “Our laser focus on customers, together with continued technology innovations and a proven business model, has continued to propel our growth and success.

Customers continue to expand their big data initiatives to meet increasingly demanding production needs by leveraging the MapR data platform. For Q3, increased usage of MapR by its customers resulted in a 157% year-over-year expansion rate1.

“I’m impressed with the high-quality relationships MapR forms with customers,” said Matt Mills, president and COO, MapR. “The incredible customer expansion rate and, most impressively, only a 1% dollar-based customer churn are a reflection of the high level of satisfaction and success enjoyed by our customers.

MapR customers are achieving analytic and operational value from a range of applications in production, including the following individual examples by industry:

  • Financial Services: Identifying fraud across more than $1 trillion in annual credit card charges;
  • Retail: Adding over $1 billion in revenue;
  • Security: Uncovering data breaches in minutes instead of hundreds of days;
  • Government: Managing over 900 million biometric profiles and supporting over 100 million daily authentications; and
  • Telecom: Monitoring billions of events every day for cloud-based security analytics.

Comcast Corporation, Credit Agricole, Experian Information Solutions, Inc., IRI, Novartis, National Institutes of Health, NTT Communications Corporation, Samsung Electronics Co., Ltd. and Valence Health are among customers benefiting from production deployments of MapR.

Helping to close the big data skills gap, MapR continues to grow its free Hadoop On-Demand Training program with over 45,000 professionals enrolled worldwide. These courses provide the same level of depth and content as instructor-led training, with hands-on exercises, labs and quizzes that ensure an engaging and interactive experience for data professionals. MapR added its first free Apache Spark course, Apache Spark Essentials, as part of a new series.

In Q3, MapR extended its partnerships, announcing the MapR Distribution in Amazon Web Services (AWS) marketplace, in addition to being available on Amazon EMR, Microsoft Azure and Google Cloud Platform-providing MapR customers more options to execute big data projects in the cloud.

Additionally, MapR expanded support with SAS to allow joint customers to grow their big storage infrastructure without relying on SAN or NAS.

MapR continues to hire worldwide and has expanded its global presence in the quarter with an APAC headquarter office in Singapore and an additional regional office in NYC.

1Year-over-year expansion rate is based on customers that existed a year ago, and calculated by comparing bookings in last four quarters from such customers compared to bookings in the comparable prior year period.

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