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10 Hot Big Data Companies You Should Watch In 2021

Here’s a roundup of 10 big data technology companies to keep an eye on in 2021—some well-known (looking at you Snowflake), some likely to break out this year, and some just starting to appear on industry watchers’ radar screens.

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Cockroach Labs

CEO: Spencer Kimball

Cockroach Labs, founded in 2015, develops CockroachDB, a cloud-native, distributed SQL database that’s designed to handle workloads with huge volumes of transactional data. The company’s motto of “scale fast, survive anything, thrive anywhere” (hence the Cockroach name) stems from the database’s elasticity, failure-resistant architecture and multi-cloud flexibility.

Cockroach Labs said it more than doubled both its revenue and its customer roster in 2020. More than half of Cockroach Labs’ customers are running their critical applications on CockroachCloud, the fully managed cloud instance of CockroachDB that became generally available on AWS and the Google Cloud Platform last year.

The database management system (DBMS) market is currently valued at $55.4 billion and a recent Gartner report forecast that by 2022, 75 percent of all databases will be deployed or migrated to cloud platforms.

There are a lot of database software vendors, both established players and startups, competing for that business. Cockroach Labs appears well-positioned to lead the pack: The company just raised $160 million in Series E funding, bringing its total funding to $355 million and putting its market cap at $2 billion.

 
 
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