It seems like the reports of Hadoop demise are greatly exaggerated. Hortonworks had a great quarter, with subscription revenue growth over 40% growth yoy. At a P/S of around 5, they seem like an interesting investment.
Hortonworks, like Cloudera, are both pure-play enterprise big data and AI firms. They are both cloud neutral and work with all the cloud titans - you may remember that Hortonworks has a long relationship with PVTL data consulting. This is a very early point in the technology when the dust hasn’t cleared. But this is an enormous growth potential market, and although the technology hasn’t been perfected, enterprises can’t afford not to spend on it, as the potential is just too big.
From my point of view, I just have a small investment in both HDP and CLDR, and am not recommending them, unless you are willing to take on technology risk. But I think they are worth keeping an eye on.
Here are the slides for their quarterly earnings:
https://seekingalpha.com/article/4196064-hortonworks-2018-q2…