MapR Technologies Reports Revenue Growth in Q1 2018 Driven by Increase in Customers and Partners
Published2017.07.03 15:13MapR Technologies announced that its revenue grew 81% in the first quarter of 2018.
This growth of MapR is attributed to the expansion of purchases by existing customers and the acquisition of new customers worldwide. The number of customers and partners who have maximized business value through data utilization by adopting the MapR platform has also increased.
Matt Mills, CEO of MapR Technologies, said, “Companies are adopting new intelligent applications to transform how they utilize their data and their businesses, seeking to gain greater benefits and efficiency. MapR is the industry’s only production-ready data platform capable of fully supporting both legacy and modern data technologies that enterprise customers need with speed, scalability, and reliability.”
In the first quarter, MapR Technologies strengthened SAP's cloud infrastructure storage capabilities, and the number of partners increased by 35% over the past year of the partner program, expanding the scope of the MapR ecosystem based on the new Converge Partner Program. In addition, it collaborated with Norcom to develop deep learning applications and expanded its relationship with Outscale to provide a cloud equipped with big data services to customers worldwide.
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