Cloudera Helps Drive Midea's Business Innovation and Achieve Rapid Growth in Revenue
July 11, 2017
Leading global home appliance provider establishes transformative model for the manufacturing field
BEIJING, July, 11 2017 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the leading provider of the modern platform for machine learning and advanced analytics, announced that Midea Group, a leading global home appliance provider headquartered in Guangdong, China, has deployed Cloudera Enterprise for its advanced analytics platform to support the company's digital transformation.
Cloudera, Inc. (PRNewsfoto/Cloudera, Inc.)
With Cloudera, Midea has been able to resolve three core issues, namely finding users, creating products that meet demands and identifying reasonable prices in order to complete sales. This has allowed Midea to successfully transform its business model from a large-scale low-cost production model to an innovative, technology-driven model. The success of Midea's digital transformation has led to high income growth for the business in 2016, with profit growth reaching more than 20%. As a result of Midea's solid foundation using their "Turn on Midea" strategy, they aim to explore new industries with technology innovations.
Previously, the company's technology system was slow compared to currently available solutions. All the data collected from over 10,000 flagship stores, over 300 million users and numerous partners, suppliers and channels needed to be fully integrated. The company ultimately decided to restructure and centralize its IT system.
"Selecting the right advanced analytics platform and vendor is critical to ensuring a successful big data strategy. Through a rigorous selection process among several vendors, we decided to work with Cloudera as they offered the best value, technical ability and infrastructure support," said Huang Kan, General Manager of the Cloud Data Business Unit at Midea. "Cloudera demonstrated its support for Spark 2.0, improved data security control, metadata management capabilities, and data recovery and backup capabilities. It also helped us complete Midea's big data security assessment and provide regular system inspections to maintain its high level of integrity and availability. Through our efforts, we are transforming the practical experience we've gained from working with advanced analytics into new techniques that can help other manufacturing enterprises in China."
Cloudera has been a key partner in helping Midea to implement its big data strategy since 2014. With strengthened data analysis capabilities, the advanced analytics platform has enabled smoother and safer operation of Midea's core applications, including the "crystal ball" data integration application for business management, the "star-gazing platform" application for external market analysis platform, and the "seismograph" application for customer service system.
"Cloudera is working with Midea and assisting in its digital transformation," said Qi Ling, General Manager and Vice President of Cloudera Greater China. "Cloudera is committed to using innovative technology to help enterprises improve product and services efficiency by building better data-driven products to drive overall business value for our customers. We look forward to working together with more manufacturing enterprises and making advanced analytics the industry's 'smart' driving force and achieve even more innovative results."
About Cloudera
Cloudera delivers the modern platform for machine learning and advanced analytics built on the latest open source technologies. The world's leading organizations trust Cloudera to help solve their most challenging business problems by efficiently capturing, storing, processing and analyzing vast amounts of data. Learn more at cloudera.com.
Connect with Cloudera
About Cloudera: https://www.cloudera.com/more/about.html
Read our VISION blog: https://vision.cloudera.com/ and Engineering blog: https://blog.cloudera.com/
Follow us on Twitter: https://twitter.com/cloudera
Visit us on Facebook: https://www.facebook.com/cloudera
Join the Cloudera Community: https://community.cloudera.com/
Read about our customers' successes: https://www.cloudera.com/more/customers.html
Cloudera, Hue and associated marks are trademarks or registered trademarks of Cloudera Inc. All other company and product names may be trademarks of their respective owners.
This press release contains forward-looking statements including, among other things, statements regarding the expected performance and benefits of Cloudera's offerings. The words "believe," "may," "will," "plan," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (SEC), including our Form S-1 Registration Statement, and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Cloudera assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
View original content with multimedia:www.prnewswire.com/news-releases/cloudera-helps-drive-mideas-business-innovation-and-achieve-rapid-growth-in-revenue-300486722.html
SOURCE Cloudera, Inc.
Press Contact: The Hoffman Agency, Grace Chu, Phone: (852) 2231 8109/ (852) 6902 5092, Email: gchu@hoffman.com
July 11, 2017
Leading global home appliance provider establishes transformative model for the manufacturing field
BEIJING, July, 11 2017 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the leading provider of the modern platform for machine learning and advanced analytics, announced that Midea Group, a leading global home appliance provider headquartered in Guangdong, China, has deployed Cloudera Enterprise for its advanced analytics platform to support the company's digital transformation.
Cloudera, Inc. (PRNewsfoto/Cloudera, Inc.)
With Cloudera, Midea has been able to resolve three core issues, namely finding users, creating products that meet demands and identifying reasonable prices in order to complete sales. This has allowed Midea to successfully transform its business model from a large-scale low-cost production model to an innovative, technology-driven model. The success of Midea's digital transformation has led to high income growth for the business in 2016, with profit growth reaching more than 20%. As a result of Midea's solid foundation using their "Turn on Midea" strategy, they aim to explore new industries with technology innovations.
Previously, the company's technology system was slow compared to currently available solutions. All the data collected from over 10,000 flagship stores, over 300 million users and numerous partners, suppliers and channels needed to be fully integrated. The company ultimately decided to restructure and centralize its IT system.
"Selecting the right advanced analytics platform and vendor is critical to ensuring a successful big data strategy. Through a rigorous selection process among several vendors, we decided to work with Cloudera as they offered the best value, technical ability and infrastructure support," said Huang Kan, General Manager of the Cloud Data Business Unit at Midea. "Cloudera demonstrated its support for Spark 2.0, improved data security control, metadata management capabilities, and data recovery and backup capabilities. It also helped us complete Midea's big data security assessment and provide regular system inspections to maintain its high level of integrity and availability. Through our efforts, we are transforming the practical experience we've gained from working with advanced analytics into new techniques that can help other manufacturing enterprises in China."
Cloudera has been a key partner in helping Midea to implement its big data strategy since 2014. With strengthened data analysis capabilities, the advanced analytics platform has enabled smoother and safer operation of Midea's core applications, including the "crystal ball" data integration application for business management, the "star-gazing platform" application for external market analysis platform, and the "seismograph" application for customer service system.
"Cloudera is working with Midea and assisting in its digital transformation," said Qi Ling, General Manager and Vice President of Cloudera Greater China. "Cloudera is committed to using innovative technology to help enterprises improve product and services efficiency by building better data-driven products to drive overall business value for our customers. We look forward to working together with more manufacturing enterprises and making advanced analytics the industry's 'smart' driving force and achieve even more innovative results."
About Cloudera
Cloudera delivers the modern platform for machine learning and advanced analytics built on the latest open source technologies. The world's leading organizations trust Cloudera to help solve their most challenging business problems by efficiently capturing, storing, processing and analyzing vast amounts of data. Learn more at cloudera.com.
Connect with Cloudera
About Cloudera: https://www.cloudera.com/more/about.html
Read our VISION blog: https://vision.cloudera.com/ and Engineering blog: https://blog.cloudera.com/
Follow us on Twitter: https://twitter.com/cloudera
Visit us on Facebook: https://www.facebook.com/cloudera
Join the Cloudera Community: https://community.cloudera.com/
Read about our customers' successes: https://www.cloudera.com/more/customers.html
Cloudera, Hue and associated marks are trademarks or registered trademarks of Cloudera Inc. All other company and product names may be trademarks of their respective owners.
This press release contains forward-looking statements including, among other things, statements regarding the expected performance and benefits of Cloudera's offerings. The words "believe," "may," "will," "plan," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (SEC), including our Form S-1 Registration Statement, and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Cloudera assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
View original content with multimedia:www.prnewswire.com/news-releases/cloudera-helps-drive-mideas-business-innovation-and-achieve-rapid-growth-in-revenue-300486722.html
SOURCE Cloudera, Inc.
Press Contact: The Hoffman Agency, Grace Chu, Phone: (852) 2231 8109/ (852) 6902 5092, Email: gchu@hoffman.com
