Splunk: A Growing Company Tackles Big Data

According to IDC, the worldwide volume of digital data will grow 45% annually from 1.8 trillion gigabytes in 2011 to 7.9 trillion gigabytes by the year 2015. In another report, IDC estimated that the market for worldwide Big Data technology and services will grow at 40% annually, from $3.2 billion in 2010 to $16.9 billion in 2015. The growth in Big Data technologies is nearly seven times faster than the growth projected for the information and communications technology market. Recently, a Big Data analytics service provider, Splunk Inc., filed their S-1 for a $125 million IPO.

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Thought Leaders in Cloud Computing: Matthew J. Schitz, CEO of Symform (Part 4)

Sramana Mitra: I got what you’re doing. The question I’m asking is for other entrepreneurs, who are starting out now, what opportunities or gaps would you point them toward?

Matthew J. Schitz: In cloud storage and backup, or in cloud computing in general?

SM: Start with cloud storage and backup, and then we can look at cloud computing. >>>

Thought Leaders in Cloud Computing: Matthew J. Schitz, CEO of Symform (Part 3)

Sramana Mitra: What’s the revenue level of your company?

Matthew J. Schitz: Revenues we don’t release, I’m sorry. We’re a privately held company. But our revenues are significant. And they’re growing quickly. We’re growing at 50% quarter over quarter right now.

SM: Just give us a range. Is it a $50 million company, a $100 million company, a $200 million company? >>>

Thought Leaders in Cloud Computing: Matthew J. Schitz, CEO of Symform (Part 2)

Sramana Mitra: I guess the obvious question, one you must get all the time, is, is it safe?

Matthew J. Schitz: Yes. It’s interesting, because when I was CEO at DocuSign, at the same stage of the company, we were pioneering electronic signatures. The market at that time was signing things on paper. The first question we would get, which was an emotional reaction, was, “Is it safe? You’re putting my signature on the Internet. Is that safe?” And then we said, “Think this through logically.” We went through the entire security [process] and how we validate identities, and so on, and people would come to the conclusion that it’s actually safer than signing on paper. >>>

Yammer, Growing Fast, Raises Major VC Round and Delays IPO

Competition in the $10.3 billion enterprise social networking market is intensifying as leading players raise funds to fuel growth. At the end of 2011, Jive Software successfully tested IPO waters. But if the market was waiting for another player, Yammer, to go public, it may be waiting for a long time.

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Thought Leaders in Cloud Computing: Matthew J. Schitz, CEO of Symform (Part 1)

Cloud storage is a cost-effective way for businesses to secure data or quickly recover  them when they’ve been lost. And there are plenty of cloud storage companies out there serving businesses of all sizes in every possible industry. Though one of many, Symform offers its clients something a little different, as my talk with CEO Matthew J. Schitz will show.

Sramana Mitra: Hi, Matt. Would you give us a bit of context about Symform and your background?
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Jive Software Going After Bigger Customers

According to Gartner, the enterprise software market is a $285 billion market. Within this, according to IDC estimates the enterprise social networking market will be worth $10.3 billion by 2013. The market remains largely untapped. Studies have revealed that just over 50% of enterprises have implemented some social networking tools.

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Brightcove Looks To Harvest Bumper Crop From Online Video

According to market reports, Google remains the leader in online videos with gross revenues of more than $1 billion. Analysts expect Google’s online video gross revenues to cross $2 billion by 2013. Analysts project the revenues from online video segment to be worth $8 billion worldwide by the year 2012. They also estimate that the market for video content will also experience similar growth. By the end of the current year, the market for technology services such as those provided by video platform providers like Brightcove is expected to grow to $1 billion for the year.

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