KUALA LUMPUR, Feb 11 (Bernama) -- Cloudera, the data and artificial intelligence (AI) platform company, has reported strong results for fiscal year 2026 (FY26) driven by solid growth, customer wins, expanded partnerships, and continued innovation.
The company closed FY26 with a strong fourth quarter, recording more than 50 per cent year-over-year growth in new and expansion business, robust annual recurring revenue growth, and over 100 per cent new logo growth in the fourth quarter across all regions.
Beginning fiscal year 2027 (FY27) with its annual Sales Kick-Off event, ELEVATE27, Cloudera said the results reflect rising enterprise demand for flexible and secure data and AI platforms that operate seamlessly across clouds, data centres and edge environments.
“This was a defining year for Cloudera. We delivered strong performance, expanded our ecosystem, and continued to innovate across our platform, all while staying true to our mission of bringing AI to data anywhere.
“As enterprises increasingly demand secure, flexible AI across all their environments, Cloudera is uniquely positioned to help them turn their data into trusted insights at scale. We are entering FY27 with strong momentum and an even stronger roadmap,” said Cloudera Chief Executive Officer, Charles Sansbury in a statement.
Cloudera said its momentum is underpinned by its ability to enable organisations to bring AI to data wherever it resides, helping enterprises unlock insights, strengthen security, improve efficiency and support mission-critical outcomes.
As its third acquisition in two years, the company’s acquisition of Taikun has strengthened its capabilities in managing Kubernetes and cloud infrastructure across hybrid and multi-cloud environments. The company also highlighted continued product innovation, including platform updates, enhancements to its open data lakehouse offering and new product releases.
In addition, Cloudera achieved several certifications for highly regulated industries and expanded its global partner ecosystem to help customers accelerate enterprise AI adoption, including collaborations with ServiceNow, Intel Corporation, Chainguard, Amazon Web Services and Dell Technologies.
The company’s performance and innovation were recognised with 45 global awards, alongside analyst recognition from The Forrester Wave. It also expanded its global footprint by opening new offices in San Jose and Saudi Arabia and hiring more than 570 employees across 30 countries.
Looking ahead, Cloudera will continue to invest in innovation across its data and AI portfolio. The company has already announced updates to its AI inferencing capabilities this year, extending them to on-premises data centres to support higher security requirements.
-- BERNAMA
No comments:
Post a Comment