Stratosphere is a collaborative research project between universities to build an open-source platform for big data analytics. It bridges relational databases and MapReduce using a functional programming language called Meteor. The platform includes data pools, tools for data linkage and analysis, and a scalable execution engine called Nephele. Stratosphere is optimized for parallelism using its PACT programming model and optimizer. Ongoing work focuses on UDFs, caching, and advancing the MapReduce paradigm.