Hortonworks, Inc. (NASDAQ: HDP) said that reinsurer Munich Re has become its latest customer in Germany.
Multiple Munich Re business units will benefit from its newly created data lake platform which leverages Hortonworks Data Platform (HDPâ¢) for specific business analytics use cases as well as big data applications.
Munich Re will adopt HDP as its global big data platform, which will provide a cost-effective and technically advanced way to meet big data challenges that exist within the reinsurance industry. The data lake platform operates by accessing and storing a number of different external and internal data sources, to perform different transformations on data and simultaneously analyze even extremely large quantities of data.
Hortonworks accelerates business transformations with Open Enterprise Hadoop by developing, distributing and supporting an enterprise-scale data platform built entirely on open source technology, including Apacheâ¢ HadoopÂ®.