Sedania, Cloudera tie up for data analytics services
PETALING JAYA: Technology empowerment company #Sedania Innovator Bhd has entered into a partnership with global data analytics giant #Cloudera to be the first and only gold partner in big data analytics services in Southeast Asia. Under the five-year partnership agreement signed yesterday, Sedania Innovator would have rights to provide Cloudera data analytics services to corporations in Malaysia, as well as access to the rest of the Southeast Asia region. Founded in 2008, Cloudera is the world’s leader in data analytics, providing #Apache #Hadoop-based software, support and services, and training to business customers the likes of #Oracle, #IBM and #HP. As a market leader, Cloudera commands more than 50% share of the Hadoop market. “This venture would enable both Sedania and Cloudera to capture sizable market share in the big data analytics market, in light of Cloudera’s comprehensive service offerings and IDC’s prediction of almost US$80 million (RM325.8 million) spending in Malaysia for Big Data Analytics by the year of 2018,” Cloudera’s regional director, Asean and India, Joseph Lee said. Industry research by the International Data Corporation (IDC) revealed that the global data analytics market is projected to grow at a compound annual growth rate of 23.1% per year from 2014 to 2019, with the market value increasing from US$17.2 billion to US$48.6 billion in the same period. The agreement would be effective for a period of five years, commencing this quarter.