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John Schroeder chairman and CEO, MapR, Matt Mills Leaving

Company's dollar-based net expansion rate exceeds 150% for previous year.

MapR Technologies, Inc. announced that company’s founder and executive chairman John Schroeder will return as COB of directors and CEO, effective immediately.

He founded MapR in 2009 and serves as CEO and chairman of the board. Prior to that he held executive positions in a number of enterprise software companies with a focus on data, storage and business intelligence at both private and public companies including: CEO of Calista Technologies (now Microsoft), CEO of Rainfinity (now Dell EMC), SVP of products and marketing at Brio Technologies and GM at CompuWare.

Matt Mills who previously served as CEO will be leaving the company.

MapR continues to represent an extraordinary opportunity with strong growth in a very exciting market. We thank Matt for his hard work and MapR’s operational expansion under his leadership,” said Gene Frantz, Partner CapitalG (formerly Google Capital). “John’s depth in the enterprise big data market, his strategic vision and experience as CEO makes him the optimal leader to continue the strong growth of the company, position the company for the public market, and accelerate technology leadership.”

Results for the period ended October 31, 2017 showed annual year-over-year subscription billings growth of 66%. During the quarter, the company continued to grow its customer base across industries and maintained a greater than 95% customer retention rate. Dollar-based net expansion rate exceeded 150% for the previous twelve months. The MapR Converged Data Platform is proving to be the data platform of choice for global enterprises who are executing against their digital transformation strategy. 

These are exciting times for MapR. Our original vision and data technology we have put in place is now at the center of cloud, machine learning, and edge processing,” said Schroeder. “Customers from leading organizations continue to transform their businesses with our revolutionary technology in multiple industries, such as financial services, telco, retail, networking and healthcare. We view our continued customer growth as validating our approach and innovation of a single data platform that enables a true global data fabric to harness value from all types of data.”

Continuing Customer Expansion and New Customer Wins
• The firm continues to attract new customers and expand existing customers around the globe including Anadarko, Denver Health, Netshoes, Sociéte Générale Group, and US government agencies such as the Department of Defense and the Drug Enforcement Agency.
• One large financial institutions in Japan, with over 550 branches and offices in Japan and in thirty-six other countries and regions, adopted the Converged Data Platform to enable greater speed and efficiency in its asset liability management system.

Our customers and our external security auditors require that we retain an authoritative record of all data being ingested into and processed by our ALLOY platform for healthcare,” said Lance Pilkington, VP of compliance, Liaison Technologies. “We built and maintain the ALLOY Platform to meet the highest standards of data compliance on behalf of users. In today’s era of big data, traditional approaches to addressing data lineage requirements simply cannot meet our customers’ compliance needs. Liaison Technologies leverages MapR Event Streams (MapR-ES) extensively as the foundation of our compliance-ready lineage solution, as it allows us to keep an immutable log of all transactions.”

Technology Innovations for the Converged Data Platform
• The company announced the MapR Data Science Refinery, a solution that provides data scientists an easy way to access and analyze all data in-place, to collaborate, build and deploy machine learning models on the Converged Data Platform.
• Released the MapR Orbit Cloud Suite, a comprehensive set of cloud computing capabilities enabling organizations to build data fabrics for the first time that manage data across one or more clouds, hybrid clouds, or to the edge with the MapR Data Platform.
• Released a comprehensive Data Governance Quick Start Solution (QSS), aimed at removing any guesswork required to achieve a secure and governed cluster running the Converged Data Platform.
• Launched Managed Services for the Converged Data Platform, enabling customers to focus on building a range of applications from analytics to machine learning and AI, while MapR manages the daily operations of the customer’s big data infrastructure from on-premises, across clouds and to the edge.
• The vendor delivered updates to MapR-DB that enable rich applications, in-place and continuous machine learning/AI and SQL capabilities, and global real-time data integration and micro-services support.

Xactly’s SPM Suite, predictive analytics and big data intelligence are the foundation for the sales programs of more than 1,200 customers. Billions of transactions flow through our systems each quarter and we have handled more than $20 billion in incentive compensation payments in the last two years alone,” said Ron Rasmussen, CTO, Xactly Corporation. “If our systems aren’t running at maximum performance, the course of business slows and people don’t get paid. MapR understands that our database architecture is critical to our success and that of our customers. Their system provides the flexibility and integrated analytics required for Xactly to continue to build and scale SPM solutions that are unmatched in performance, scalability and uptime.”

Product Accolades

  • MapR: Datanami’s Readers’ Choice Awards Top 5 Vendors to Watch and Best Big Data Product or Technology: IoT; and Database Trends and Applications (DBTA) Big Data 50
  • MapR-XD: TMC’s Data Center Excellence Awards
  • MapR-ES: DBTA’s Readers’ Choice Award for Best Streaming Data Solution

Thriving Partner Ecosystem
• The Converged Data Platform became available in the Oracle Cloud Marketplace.
• With C3 IoT announced a partnership to collaborate on new technology developments and go-to-market initiatives that enable rapid deployment of mission-critical, secure intelligent applications based on AI and IoT.
• With Ab Initio enabling joint customers to leverage the economies of scale-out architectures of commodity server clusters for high-performance mission-critical applications with strict data lineage and governance requirements, that are important in industries such as financial services.
• With DataScience.com partnered to build a collaborative workflow environment where data science experiments can run directly on the Converged Data Platform without requiring a separate compute cluster to access data.
• MapR expanded its data governance partnerships with Cask, Collibra and Waterline, and unveiled a DataOps-driven approach to governance in the age of big data where joint customers can now leverage platform-level capabilities for compliance-ready data lineage and the management of metadata at scale.

Read also:
Matt Mills CEO, MapR Technologies
Founder and former CEO John Schroeder named executive chairman
2016.09.09 | Press Release

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