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We End the Year at All-Time Lows for SaaS Growth. A Buying Signal — Or The End of an Era?

SaaStr

And broader Cloud players had great years too, from MongoDB to Cloudflare to Azure, if not quite as crazy as at the peak of 2021. Shopify, Canva, Monday and tons of other SaaS leaders less focused on tech and startups had big years.

Azure 296
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Pilot: 57% of Venture Startups Will Need to Raise More In 2024

SaaStr

Folks that raised in the Go-Go Times of 2021 in many cases have been able to stretch their cash through 2023. Shopify , Datadog, Crowdstrike , Google Cloud-Azure-AWS, Snowflake , etc. jasonlk) November 13, 2023 But with so, so many startups funded in 2021 … we likely will also see a record number shut down in 2024. :(.

Startup 305
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Gartner: Software Spend Will Grow 13.8% in 2024, to Over $1 Trillion For The First Time

SaaStr

Growth in public cloud services (AWS, Azure, Google Cloud, Snowflake, etc.) Growth in public cloud services (AWS, Azure, Google Cloud, Snowflake, etc.) As compared to late 2020 and 2021, when change was the name of the game. But it’s not that simple. So breaking out is harder than it was, even with this epic growth.

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5 Interesting Learnings from Digital Ocean at $700,000,000 in ARR

SaaStr

Many have used Digital Ocean at the cheaper, simpler version of AWS-Azure-Digital Ocean to get going fast and quickly. ARPU was up +28% from 2022 over 2021, and another 6% the past 12 months on top of that. And if so, maybe that’s Digital Ocean. If you haven’t heard of Digital Ocean, ask your developer. Or at least.

Scale 227
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What to Know About the Software Buying Landscape in 2023: What’s Changed, What’s the Same, and What Your Buyers Want with G2 CMO Amanda Malko (Video)

SaaStr

Tackle.io’s 2021 state of cloud marketplaces report highlighted a similarly dramatic shift. In a 2020 survey, 22% purchased software through a cloud marketplace versus 60% in 2021. The role of AWS, Azure, and Google Cloud Marketplace is becoming increasingly important. “45%

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Gartner: SaaS Spending Will Grow Another 40% in Next 2 Years Alone

SaaStr

Cloud software spending grew a stunning 23% in 2021, from $270 billion to $330 billion. In my 148 public SaaS companies (including most of the categories of this list but not AWS, Azure, GCP) the aggregate revenue is $185B. — Gabriel Colominas (@GabrielCoBi) April 27, 2021. One thing we know — Fast.

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SaaS Multiples Are At a 3+ Year Low. Where It Goes From Here.

SaaStr

Amazon AWS, Microsoft Azure and even Google Cloud are on fire, adding insane amounts of revenue this year. The year still ended strong, and the next 5 years went on to be the greatest growth tear SaaS has ever seen (2H’16 to 2021). Customers are buying more than ever. It’s not all tough news, folks. But it was just a panic.

SaaS 331