article thumbnail

AI Reaccelerating Cloud Growth

Tom Tunguz

Yesterday, both Google and Microsoft announced their earnings for their cloud businesses. ” “Higher-than-expected AI consumption contributed to revenue growth in Azure.” “In Azure, we expect revenue growth to be 26% to 27% in constant currency with an increasing contribution from AI.

AI Search 297
article thumbnail

5 Interesting Learnings from Crowdstrike at ~$3 Billion in ARR

SaaStr

jasonlk) November 13, 2023 Not every area of SaaS and Cloud is seeing big “macro” impacts. 64% of Large Customers Sourced From Partners They are AWS’s largest cybersecurity partner. This chart of their revenue growth will make your jaw drop: Not much to not like here. ? 5 Interesting Learnings: #1.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Rubrik: Benchmarking the S-1 Data

Clouded Judgement

There’s a lot of info to digest, so in the sections below I’ll try and pull out the relevant financial information and benchmark it against current cloud businesses. We believe that the future of cybersecurity is data security—if your data is secure, your business is resilient.

article thumbnail

Buyer Trends: Top Insights from $3B in SaaS Transactions with Vendr

SaaStr

This has exposed an urgent need for improved cybersecurity measures so companies can mitigate risks and protect themselves against evolving threats.” Businesses spend big money on tools they believe are indispensable to their operations and success.

article thumbnail

5 Interesting Learnings from SentinelOne at $500,000,000 in ARR

SaaStr

So there are Cloud and SaaS companies growing quickly. Yes, cybersecurity remains hot, even in these more challenging times. And for the very best in cybersecurity? International revenue is 36% of total, growing 124% a year. Getting More Efficient, But Still Spending 73% of Revenues on Sales & Marketing.

article thumbnail

Who’s Doing Well This Week: Okta, Crowdstrike, Salesforce, Workday

SaaStr

So we wanted to do a little weekly look at who in SaaS and Cloud is doing well. But many are still doing well — as despite tougher macro pressures, Cloud and SaaS spend continues to hit record levels. Yes, cybersecurity remains critical in the enterprise. Billion, Growing 17% Overall with Subscription Revenue Growing 22%.

article thumbnail

CRM For IT Industry: Software Developers, Cloud Engineers, and More

Nimble - Sales

The global Information Technology Industry is forecasted to reach revenues of $4.8 The industry is as exciting to be part of as it is ridden with all sorts of challenges, big and small, including lack of skilled talent, cybersecurity issues, lack of agility, outsourcing […]. trillion by the end of the year 2020 according to IDC.