Hortonworks Revenue Growth

Kevin Feasel

2016-05-05

Hadoop

Alex Woodie reports that Hortonworks has seen its revenue grow 85% 1Q YOY:

Support subscription revenue during the quarter was up sharply from $13.1 million to $27.6 million, an increase of 110 percent compared to the first quarter of 2015, which was Hortonworks’ first quarter as a public company following an IPO in late 2014. Professional services revenue accounted for $13.7 million in revenue, a 49 percent increase.

Hortonworks holds about 40% of the Hadoop market share, with Cloudera holding another 40%.

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