One NoSQL Database Company Will Hold a Successful IPO by the End of 2014
To signal the widely accepted commercialization of big data platforms, at least one Hadoop or NoSQL provider will go public in 2014, predicts Larry Warnock, president and CEO of Gazzang, a provider of security solutions for big data and cloud environments.
"I'm not going to predict which one, but I expect at least one Hadoop or NoSQL provider to go public in 2014," Warnock says. "According to Wikibon, revenue for NoSQL software and services made up $286 million in 2012 and is forecast to reach $1.825 billion in 2017. The market is being driven by the growing enterprise demand for more flexible, scalable and affordable data management solutions (both analytical and transactional) designed for the new age of the cloud and big data."