Hot in Enterprise IT/VC - What's 🔥 in Enterprise IT/VC #235
The big 3 ☁️ providers announced earnings this week and the numbers continue to defy gravity. AWS slightly accelerated growth 32% YoY to $13.5B in revenue while Google Cloud grew 46% to $4.05B and Azure grew over 50% (does not disclose actual numbers). The scale of these numbers is 🤯 and we’re still in the early innings. Sometimes numbers in isolation remove us from the big picture - take a look at this chart from Statista on AWS - Q1 2014 at $1B and 7 years later at $13.5B - where else can you find this growth at this scale??? Let’s zoom into what Satya Nadella from Microsoft has to say about how it will sustain future growth - in a nutshell, he covers developers, ☁️, collaboration, and automation. Here are a few snippets from this week’s Q3 Earnings call: ☁️ will be a multi-cloud world according to Microsoft:
On developers - Github at 65M developers! And ❤️ this - idea to code and code to cloud…
and where is growth in next 10 years? Developers!
RPA and automation - Microsoft is still early on automation journey but one to be aware of for sure…
Collaboration - frankly the product has so much more to go to reach Slack-like usability but distribution and bundling matters as it now hit 145M daily actives…
As always, 🙏🏼 for reading and please share with your friends and colleagues. In addition, I’d like to send my thoughts and prayers to those in India and if interested I chose to donate to Project Hope to help provide PPE and medical equipment to front-line workers. So awesome to see some of those in the tech industry like Marc Benioff/Salesforce take matters into his own hands. Scaling Startups
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What's 🔥 in Enterprise IT/VC #234
Saturday, April 24, 2021
You can't sell platforms - nail the initial product first - Figma masterclass in product execution, listening to customers, earlier entry point in workflow
What's 🔥 in Enterprise IT/VC #233
Monday, April 19, 2021
TAM matters but nail your product first and own it - most investors underestimate the size and growth of new markets
What's 🔥 in Enterprise IT/VC #232
Saturday, April 10, 2021
Keeping user (not customer) stories top of mind as you scale your dev first/PLG startup
What's 🔥 in Enterprise IT/VC #230
Saturday, March 27, 2021
🤯 UiPath files for IPO - from screen scraping & UI automation to market leader in RPA
What's 🔥 in Enterprise IT/VC #229
Saturday, March 20, 2021
Why enterprise startups are growing faster than ever out of the gate, Rest In Peace Sparky 😢
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