Cloudera Stock Price, News & Analysis

Cloudera believes that data can make what is impossible today, possible tomorrow. The company empowers people to transform complex data into clear and actionable insights. Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Powered by the relentless innovation of the open-source community, Cloudera advances digital transformation for the world's largest enterprises.

Recently, Cloudera published new research highlighting the struggles of IT leaders across the EMEA region to extract more value from their data. The study revealed that 92% of IT decision-makers (ITDMs) plan to migrate more data to the cloud over the next three years. However, 76% also plan to repatriate data back on-premises within the next 36 months due to concerns like data compliance, cloud lock-in fears, and cybersecurity.

Cloudera's research, which surveyed 850 ITDMs, shows that 68% of organizations store data in a hybrid environment, while 72% utilize a multi-cloud model. Despite these complexities, the majority believe modern data architectures can drive more value from their data and optimize cloud costs. However, nearly a third of data in organizations remains underutilized.

At Cloudera, we empower customers to use modern data architectures to drive benefits and maintain governance and security. Our hybrid data platform allows organizations to bring data from various sources into the hands of those who need it most, facilitating a data-driven future. Learn more at Cloudera.com.

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