How Tax Figures into Hadoop’s Rapidly Expanding Ecosystem

Hadoop is the “most-deployed and most-discussed big data technology,” according to enterprise software expert and Demandbase SVP technology Aman Naimat. The open-source software platform is commonly described as an “ecosystem” that stores and processes vast amounts of data via many different components.

This ecosystem is of growing interest to the tax realm, based on what I heard at the recent Hadoop Summit organized by Hortonworks, a company whose stated mission is to “manage the world’s data.”

Hadoop’s value resides in its abilities to transcend traditional database management systems and to process non-structured types of data, such as digital photos. The platform’s open-sourced nature has helped it grow dramatically – in terms of what it can do – during the past five years. These growing capabilities, including those related to securing massive amounts of data, figured as key topics at the conference.

Any technology related to storing, securing and processing large amounts of data is worth a closer look from a tax management perspective. In the increasingly complex realm of corporate tax, more data always must be captured. Data management routinely figures as the area that consumes the most time and attention within tax departments.

Additionally, thanks to the ongoing wave of digital transformation, more and more business models are data-based, which means that tax functions will need to become even more adept at managing (even more) data in the future. The Hadoop ecosystems could very well offer valuable tools to help tax functions in their tax planning, tax provisioning and tax compliance activities.

As Hadoop’s impressive growth continues, we’ll keep you posted on how it can benefit tax.

Explore more Resources from our Industry Influencers:

John Viglione: SVP of Strategy at Vertex Inc. Vertex delivers the world’s most valued tax solutions for companies to connect, transact, and comply while growing their business.

John Viglione

Former Senior Vice President, Strategy

See All Resources by John

As Senior Vice President of Strategy, John Viglione is responsible for the development of commercial and operational strategies, providing policy, industry, and trends analysis on issues affecting the organization, as well as business development and partner ventures.

John has in-depth knowledge of the software industry and is active in the technology and industry analyst community associated with global technology ecosystems. John initially joined Vertex as its Chief Technology Officer and led the vision for its flagship O Series technology, known today as Vertex Indirect Tax O Series, an on-premise, private, and public cloud technology platform.

Prior to joining Vertex, he spent more than 15 years within Fortune 500 companies, focusing on comprehensive enterprise IT initiatives.

John is an advisory board member of Penn State’s College of Information Sciences Technology (IST) and the Philadelphia Alliance for Capital and Technologies (PACT), as well as a judge on PACT’s Enterprise Awards Committee. John earned a B.S. from St. Joseph’s University and an MBA from Penn State University. He is an author, frequent speaker, and advocate of new and emerging technologies.

View Newsletter Signup

Explore Our Solutions

Discover how our technology solutions and software can help you streamline tax, stay compliant, and grow your business.

Browse All Solutions
Business using tax technology solutions