Applications & OS News
10 Hot Big Data Companies You Should Watch In 2022
Here’s a roundup of 10 companies developing big data technologies and big data solutions to keep an eye on in 2022—some well-known, some likely to break out this year and some just starting to appear on industry observers’ radar screens.
Top Executive: Jay Kreps, Co-Founder, CEO
After Snowflake’s blockbuster initial public stock offering in 2020, expectations have been high for other big data company IPOs. Confluent, a developer of real-time data/event streaming software, went public in June 2021 with a successful IPO that raised $828 million for the company and put its market valuation around $10 billion.
(The company’s shares, which began trading around $46, are now trading close to $74 – down from a Nov. 1 peak of nearly $94 – putting the company’s current market cap at more than $19 billion.)
With its IPO behind it, Confluent now faces the challenge of maintaining its momentum with its “data in motion” software, including the Confluent Platform and Confluent Cloud service, both targeted toward real-time data processing tasks.
In September Confluent debuted its Stream Governance suite of software for data governance management of streaming data. And in November the company said its Cluster Linking technology, for streaming data across hybrid and multi-cloud environments, was available on Confluent Platform 7.0.