IBM’s (NYSE: IBM) recently reported its fourth quarter earnings that surpassed market expectations and sent the stock climbing 7% higher in the after-hours session. This was also the first time since 2011 that the company reported growth in revenues for the full year. Its robust performance was driven by growth in the cloud segment –
Sramana Mitra: Your point is very well-taken. In the early stage, not everything is figured out. There is a certain amount of pivoting that goes on often in the quest for that repeatable sweet spot. Capital markets change and competitive markets change. You just have to adapt. With that understanding though, I want to ask
According to a recent MarketsAndMarkets report, the global enterprise collaboration software market is estimated to grow 11% annually over the next five years to 59.86 billion by 2023 from $34.57 billion in 2018. Billion Dollar Unicorn Atlassian (Nasdaq: TEAM) is a leading service provider in this market which delivered a stellar quarterly performance recently.
Sramana Mitra: The bulk of your revenue, however, is coming from subscription. It’s a pure subscription-based business model at this point, right? Andrew Grauer: Correct. Our belief is that over the next decade, we believe that hundreds of millions of people will need to be able to learn and prove that they learned what they
Susan Stone, Founder and Managing Partner at Sierra Wasatch Capital, discusses their investment thesis around Media Technology.
Sramana Mitra: Within B2B SaaS, do you have a preference between selling to enterprises versus selling to small businesses? George Spencer: I’ve invested in the past in both and made money on both. My diligence is understanding how you’re going to be able to build a distribution channel based on the price points that you’re
Sramana Mitra: Can you double-click on what you are doing to address this situation? Andrew Grauer: We’ve evolved in building this learning platform. It’s a collection of millions of study resources. These are learning and teaching resources that are helping students in whatever they’re studying. The library has now grown to over 28 million resources.
According to a MarketsandMarkets report published last October, the global content marketing platform market is estimated to grow from $4.12 billion in 2018 to $9.59 billion by 2023. That translates to an annualized growth rate of more than 18% over the five-year period. New York-based Percolate is among the leading content marketing solutions providers in