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The 10 Hot Data Analytics Companies To Watch In 2020

Businesses today are deriving value and gaining competitive advantages by analyzing increasingly huge, sometimes fast-moving data. Here are 10 data analytics software developers the channel should keep an eye on in 2020.

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Databricks

CEO: Ali Ghodsi

Databricks raised $250 million in venture funding in February and then raised another $400 million just eight months later, giving the big data startup an astounding $6.2 billion valuation, according to Bloomberg.

Why all the fuss? Databricks develops the Unified Analytics Platform, a cloud-based system for “massive scale data engineering and collaborative data science tasks,” according to a company description. And the software is being increasingly used for a range of machine learning automation chores.

The San Francisco-based company was founded by the original developers of Apache Spark, the popular open-source big data analytics engine. Databricks and Spark offer an alternative to Hadoop, the big data platform that hasn’t quite lived up to the hype of a few years ago. And Databricks has been embraced by Microsoft, which is an investor and uses the Databricks software within its Azure cloud system.

The privately held company said in October that it had more than doubled its recurring revenue during the previous year, without disclosing actual numbers.

 
 
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