Cloudera co-founder talks Intel and IPO
Cloudera shares finished up more than 20% on Friday, in its first day of post-IPO trading. A few quick takeaways from an Axios conversation with company co-founder, chief strategy officer and former CEO Mike Olson:
Enterprise evolution: "The at long last willingness of enterprises to deploy in the public cloud is good news. Our first offering was a managed cloud big data platform but we couldn't get any big enterprises to buy from us in 2008. Our ability now to deploy on Amazon and Azure and Google means the hardware purchase friction is no longer applicable. We focus on the Global 8,000, because they have most of the data and most of the interesting data problems."