SAP AG (SAP - Analyst Report) and Hortonworks have entered into an agreement whereby SAP will be reselling Hortonworks Data Platform (HDP) to its customers. Thus, SAP will offer its users a complete enterprise architecture leveraging the industry’s first 100% open source data platform powered by Apache Hadoop.
Hortonworks Data Platform is enterprise quality software that provides its clients with complete tools for test and quality assurance. HDP basically brings together the most useful and stable versions of Apache Hadoop and its related projects into a single tested and certified package.
Apache Hadoop is an open source software, enabling finding business insights from huge amount of structured and unstructured data swiftly and at a minimal cost. It primarily comprises three main functions, which include storage, processing and resource management.
Therefore, software architecture built on Apache Hadoop help businesses and enterprises process and survey new data sources, thereby arriving at new business insights. It is increasingly becoming a core component of enterprise data management systems as it allows organizations to cost-effectively capture, process and share data in any format and at any scale.
Through this agreement SAP will provide its clients already using SAP HANA (an in-memory computing platform that helps accelerated analytics, business processes, data processing and predictive capabilities) an added advantage to generate instant results along with vast storage. Thus, the agreement looks promising to improve the business performance of its clients.
SAP currently has a Zacks Rank #3 (Hold). Other stocks in the software industry that are more promising at the moment include Dealertrack Technologies, Inc. (TRAK - Snapshot Report), Trend Micro Inc. (TMICY - Snapshot Report) and Advent Software, Inc. . Dealertrack Technologies and Trend Micro carry a Zacks Rank #1 (Strong Buy), while Advent Software has a Zacks Rank #2 (Buy).