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Cloudera Inc. has made recent moves landing it prominently in the news. While that has justifiably captured the interest of shareholders and Wall Street, perhaps more significant is the technological direction of the company going forward.
Cloudera occupies an important place in the enterprise data cloud platform space, with 1,800 customers and quarterly sales of $224 million based on the last financial reporting. The company is being taken private, which will remove Wall Street from the equation for now, and two recent acquisitions offer promise toward a business model focused on opening new market opportunities in the world of software as a service and operational automation.