Remove 2022 Remove Artificial Intelligence Remove AWS
article thumbnail

Databricks Just Caught Snowflake at $3.7B ARR. Here’s How They Did It (And What’s Next)

SaaStr

What This Means for the Market For Competitors : Snowflake, AWS, Microsoft, and Google are all scrambling to respond. Platform Effects Are Stronger Than Ever When customers use 6+ Databricks products, they’re not just buying software—they’re adopting an entire data architecture. The switching costs become astronomical.

AI 251
article thumbnail

Thanks to Calendly, Drift, Reprise, Secureframe, and Shift Paradigm for Sponsoring SaaStr Annual 2022!

SaaStr

We wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2022. Secureframe allows companies to get compliant within weeks, rather than months and monitors 100+ services, including AWS, GCP, and Azure. Join these incredible companies to experience all the value of SaaStr! appeared first on SaaStr.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forgot the SaaS Gloom and Doom on Social. ‘Just Build’ with SaaStr CEO and Founder Jason Lemkin

SaaStr

The message in 2022 was to keep going. You can see the growth on the platform side with Azure, Google, and AWS and how much it’s accelerating in AI. You couldn’t raise at 27x ARR anymore because that era ended. Last year, the message was that it’s harder, so what is the theme for many SaaS companies this year? Just build.

CTO Hire 144
article thumbnail

SaaS Growth: Top Strategies and Trends for SaaS Growth

ProfitWell

billion by 2022. 28% of IT spending will shift to the cloud by 2022. Running your own server to handle your customer's valuable data requires a huge investment to match the same level of security and reliability that comes baked into services like Amazon AWS and Microsoft Azure cloud. SaaS revenue is expected to reach $143.7

article thumbnail

24 Predictions for SaaS in 2024

Chart Mogul

Using LLMs to enhance these solutions will no longer be seen as innovative but will become the standard.” Just like machine learning before it disappeared in the background, AI will soon be so ubiquitous that it’s no longer a differentiator. In a better way too.”

SaaS 52
article thumbnail

The Top 10 SaaStr Learnings from Mary Meeker’s Latest Report on AI

SaaStr

The Infrastructure Math Is Unprecedented The Capital Intensity Is Off The Charts: Big Six tech CapEx: $212B annually (63% YoY growth) Microsoft AI business: $13B run-rate (175% YoY growth) NVIDIA data center revenue: $39B quarterly (78% YoY growth) Amazon AWS CapEx as % of revenue: 49% (vs. 80% cheaper than predecessor, costs 0.2%

AI Search 252
article thumbnail

Keeping data secure in Fintech

Panintelligence

And losses from Authorized Push Payment (APP) fraud totalled nearly £500 million in 2022. You must constantly be innovating, and companies will be spending more and more on this for an awful long time." It's a culture of constant learning and upgrading. But the real cost is even bigger. So, you must never rest on your laurels.