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According to a report by Markets and Markets, the global endpoint security industry is estimated to grow at a CAGR of 9.92% from $11.8 billion in 2018 to $19.69 billion by 2024. CrowdStrike (NASDAQ: CRWD) is an endpoint security player that went public last month. Last week, it reported results of an impressive first quarter.
Sramana Mitra: What are some other examples of the kinds of platform extensions you’re seeing being delivered through the ecosystem? You mentioned difference of pricing as one. You were describing how the platform is being extended. I’m just curious. On the path of growing an e-commerce company, what other solutions are required? Jimmy Duvall: This
Sramana Mitra: The key takeaway that I get from listening to you is that you can retrofit existing non-cloud software and turn them into SaaS implementation using your PaaS. Where you’re distinguishing versus other PaaS is that you have to build on top of technology stacks. Feyzi Fatehi: Well said with one exception. The software
Last week, SAP reported results of its second quarter, which were just short of analyst expectations. A major cause for worry was the 5% decline in software license revenue. The disappointing results led to a 7% slide in its stock price.
Jimmy Duvall: It’s a very interesting time in the industry because you have a consolidation of the high-end players. Adobe acquired Magento, Salesforce owns what used to be DemandWare, and Oracle has its own enterprise suite. All of that is pulling the price point way up. There are a lot of the hosting-oriented vendors operating
Feyzi Fatehi: We were recognized by the Gartner group as a cool vendor for PaaS. We are one of those stacks specifically designed to transform software to Software-as-a-Service. Those are the capabilities that may take years to build given all the capabilities and stacks that are available. A good example is Mifos. This is a
According to Canalys, cloud infrastructure spend grew 46% to $80 billion in 2018. While Amazon Web Services continues to dominate the market with 31.7% share, Microsoft Azure is second with 16.8% share. Microsoft (Nasdaq: MSFT) last week announced its fourth quarter results that blew past all market expectations and sent its valuation again into the