Communications of the ACM
It's Next Hot Job: Hadoop Guru
"We're hiring, and we're paying 10% more than the other guys," said Larry Feinsmith, managing director, office of the CIO, at JPMorgan Chase, in his keynote address at Hadoop World in New York. Specifically, JPMorgan Chase is hiring people with Hadoop skills.
Feinsmith's core message was that Hadoop is hugely promising, maturing quickly, and might overlap the functionality of relational databases over the next three years. JP Morgan Chase has 25,000 IT employees, and it spends about $8 billion on IT each year. The company has been working with Hadoop for more than three years. The benefits of Hadoop? Massive scalability, schema-free flexibility to handle a variety of data types, and low cost.
Hadoop World attendee polls indicated that at least three quarters of their organizations are already using Hadoop.
From Information Week
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