Building a Global Software Company From Australia: Bigcommerce Co-Founder Mitch Harper (Part 4)

Sramana Mitra: Do your merchants have $100,000 in revenue or are they $2 million in revenue? Is there any kind of cut-off there?

Mitch Harper: Our customers’ revenue typically ranges from $1 million to $30 million of revenue per year.

Sramana Mitra: Your customer base is more in the $1 million to $30 million range. Then, the customer base with revenue of $30 million and above goes to Magento and below $1 million is with Shopify and GoDaddy.

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Egnyte Differentiates With Hybrid Cloud Solutions

According to a recent ESG survey of 334 North American IT professionals regarding online file sharing and collaboration services and deployment, 84% respondents leveraged the public cloud deployment model. Of these cloud adopters, 97% respondents preferred a hybrid model and 90% of the users placed restrictions on some data being stored in on-premise storage solutions.

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Building a Global Software Company From Australia: Bigcommerce Co-Founder Mitch Harper (Part 3)

Sramana Mitra: Was there any geographical bias in the 2,000-customer base?

Mitch Harper: They were mainly from North America and Australia.

Sramana Mitra: Why were they pre-ordering? Why were they interested in your product? This is a segue into the discussion about your competitive landscape. There are a few players in that space. There is Volution, Magento, and Shopify. When you were starting out in 2008, what exactly was the competitive landscape? How were you positioning, and what is it that these 2,000 customers, who pre-ordered, found attractive? >>>

Workday Executes With Confidence

According to a report released by TechNavio earlier this year, the global SaaS-based ERP market is projected to grow 13.8% annually over the period 2013 through 2018. Within the ERP market, IDC estimates that the human capital management (HCM) solutions market will grow 8.2% annually over the period 2013 through 2018 to $15.4 billion in 2018 . The HCM market is expected to have grown 9% over the year to $10.4 billion in 2013.

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Building a Global Software Company From Australia: Bigcommerce Co-Founder Mitch Harper (Part 2)

Sramana Mitra: Is it the same team that you had in Sydney that got Bigcommerce off the ground?

Mitch Harper: Not really. As I had mentioned, I used to be an engineer and built the first version along with Chris who was one of our early employees from that initial team. He’s still with us today leading a team here in Sydney.

Sramana Mitra: Was Eddie also involved in Bigcommerce? What was his progression in this story?

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Deconstructing The Cloud – From New Book, Carnival In The Cloud

Excerpt from my new book, Carnival In The Cloud, on sale today.

At the turn of the millennium, a new form of computing swept over the world.

Netscape went public in 1995, heralding the birth of technology’s most exciting gilded age. David Einstein of The San Francisco Chronicle had interviewed John Doerr, General Partner of Kleiner Perkins, as he covered the incredible interest in the initial public offering of the Netscape stock, and the madness that followed.

Doerr famously said: “It’s possible that the Internet in fact has been underhyped. I think we’re witnessing the creation of a brand new medium that will possibly be more important than network television.”

Indeed, the twenty first century has seen that under-hyped technology trend boldly and assertively come of age.
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Salesforce.com’s Unstoppable Growth

A recent Forrester report on cloud computing estimates the public cloud services market to grow to $191 billion by 2020 from $58 billion recorded in 2013. The report estimates the growth to be driven by the growth in Software-as-a-Service (SaaS) and cloud applications to $133 billion by 2020 from $36 billion in 2013. The cloud platform segment is expected to grow nearly ten times from $4.7 billion in 2013 to $44 billion by 2020 and cloud business services will bring in the remaining $14 billion revenues in 2020.

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Building a Global Software Company From Australia: Bigcommerce Co-Founder Mitch Harper (Part 1)

We seldom see global software companies emerge out of Australia. Bigcommerce is a rare exception.

Sramana Mitra: Let’s start with the beginning of your personal story. Where are you from? Where were you born and raised? What’s the back story of BigCommerce?

Mitch Harper: I was born and raised in Sydney in Australia. Bigcommerce was also born in Sydney five years back in 2009 when I was about 27 years old.

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