How Tax Figures into Hadoop’s Rapidly Expanding Ecosystem

  • August 03, 2016

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.

Please remember that the Tax Matters provides information for educational purposes, not specific tax or legal advice. Always consult a qualified tax or legal advisor before taking any action based on this information.


About this Contributor

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John Viglione
Senior Vice President, Strategy

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.

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