Thirst for data analytics continues as MapR receives record bookings

Thirst for data analytics continues as MapR receives record bookings

Company reports global growth of 160 per cent and appoints new COO

The appetite for data analytics continues to grow if the latest booking figures from Big Data analytics provider, MapR, are anything to go by.

The company has reported global growth of 160 per cent in the third quarter of 2015.

MapR said the record quarter was underpinned by year-over-year increases in bookings of 160 per cent and average expansion deal size of over 200 per cent, along with low customer churn.

The company has also appointed new president and chief operations officer, Matt Mills, to assist the company in its next stage of growth.

“I’m impressed with the high-quality relationships MapR forms with customers,” he said.

“The incredible customer expansion rate and, most impressively, only a one per cent dollar-based customer churn are a reflection of the high level of satisfaction and success enjoyed by our customers.”

MapR Technologies co-founder and chief executive, John Schroeder, said customers continue to realise top-line revenue growth and operational efficiencies from their data-driven applications.

“Our laser focus on customers, together with continued technology innovations and a proven business model, has continued to propel our growth and success,” he said.

In Q3 2015, MapR also extended its strategic 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.

The company also expanded support with SAS to allow joint customers to grow big data storage infrastructure without the use of storage area network (SAN) or network-attached storage (NAS).

To coincide with this, It has expanded its global presence in the quarter with an APAC headquarters in Singapore and an additional regional office in New York City.

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Tags MicrosoftGoogleanalyticsazureAWSMapRJohn SchroederMatt Mills

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