Cloudera sets its sights on $1bn revenues after Hortonworks slurp gave Wall Street the willies

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Interview Cloudera said it plans to become the darling of Wall Street in 18 months, in part by breaking into the $1bn turnover club. This promise comes a week after the company reported widening losses and sales that missed analysts forecasts, sending its share price down by almost a fifth.

Speaking to The Register at the DataWorks Summit in Barcelona this week, CMO Mick Hollinson admitted some elements of the recent merger with Hortonworks had been bumpier than others, and that the new firm wasn’t where “any of us would like it to be” in the marketplace. But his team plans to turn it around, saying that, as well as delivering on the company’s product roadmap, his ambitions for the year are to “begin to have the kind of financial metrics that Wall Street would more greatly appreciate”.

To read the entire article, please click on https://www.theregister.co.uk/2019/03/21/cloudera_mick_hollinson_interview/

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