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Predicting Cloud Growth Rates for 2023

Tom Tunguz

Yesterday, Google & Amazon announced earnings which completes the picture. A year ago, AWS, GCP, & Azure averaged 44% annual growth. Google: [GCP] saw slower growth of consumption as customers optimized GCP costs. Google: [We] are pushing Google Cloud to Profitability.

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Microsoft's Billion Dollar AI Business

Tom Tunguz

Yesterday, Microsoft & Google announced earnings. Google Cloud Platform (GCP) & Microsoft Azure had strong quarters with about 28% annual revenue growth each. All of that usage is creating a massive business. Amazon, Cloudflare, & Mongo announce later this week. 1 percentage point of growth on a $28.5b

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How Much Should You Expect Your Startup to Slow in 2022?

Tom Tunguz

Larger businesses face more daunting challenges sustaining higher growth rates, so AWS numbers are expected. GCP reported 37% growth & Microsoft 40%. All three businesses reported a decline in their growth rates. On average, these business units recorded a 21% decline in growth rate. Q/Q Growth Rate Change.

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The Health of Cloud Spending in Mid-2022

Tom Tunguz

This week Microsoft, Google/ Alphabet, & Amazon report their figures. Today, Microsoft & Google revealed the health of their infrastructure business units. Google Cloud Platform. Google’s growth rate fell to 35%, a 29% decline from the trailing 4 quarter average of 49% annual revenue growth.

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Outbound Marketing Fury : Office Hours with Raj Sarkar

Tom Tunguz

He then jooined Google to become the lead product marketing manager on Google Cloud Platform (GCP). Next, he headed marketing at Atlassian for Trello, Confluence, Jira for Business Teams & other products. Raj started his career as a marketing manager at Cisco focused on the SMB market.

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Grey Skies in Cloud Earnings

Tom Tunguz

Infrastructure revenue growth averaged 33% this quarter, which is astounding considering we’re talking about businesses that sum to more than $50b of revenue per quarter. A year ago, these business units grew at 44% annually. GCP is more volatile, likely driven by the volatility of bigger deals closing on a smaller revenue base.

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Thanks to Bee, ChartMogul, Maast, SecureFrame, and StratusGreen for Sponsoring SaaStr Annual 2023!

SaaStr

ChartMogul is an analytics platform to help you run your subscription business. Our mission is to build powerful and secure cloud software for subscription businesses of all sizes, with a strong emphasis on good design and ease of use.

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