How a little open source project came to dominate big data!
There are countless open source projects with crazy names in the software world today, but the vast majority of them never make it onto enterprises’ collective radar. Hadoop is an exception of pachydermic proportions.
Named after a child’s toy elephant, Hadoop is now powering big data applications at companies such as Yahoo [fortune-stock symbol=”YHOO”] and Facebook [fortune-stock symbol=”FB”]; more than half of the Fortune 50 use it, providers say.
The software’s “refreshingly unique approach to data management is transforming how companies store, process, analyze and share big data,” according to Forrester analyst Mike Gualtieri. “Forrester believes that Hadoop will become must-have infrastructure for large enterprises.”
Globally, the Hadoop market was valued at $1.5 billion in 2012; by 2020, it is expected to reach $50.2 billion.
It’s not often a grassroots open source project becomes a de facto standard in industry. So how did it happen?
‘A market that…
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