With enterprises now open to hybrid clouds, Amazon Web Services finally relaxed its rigid public-cloud-only stance and launched services to support hybrid-cloud deployments in the first quarter of 2012. On the big data front, the Hadoop players realized very few companies have teams of systems engineers to learn MapReduce. This has meant adding support for SQL and integrating Hadoop with existing data-management tools and systems. In other words, Hadoop has grown up and is now being taken seriously by companies like Oracle and Microsoft. This quarterly report examines these trends as well the exciting M&A and IPO news in this arena. It also includes a near-term outlook for the next 12–18 months.