This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Subscribe now Cloud Giants Report Q1 + Early Look at Software Results Q1 earnings seasons has officially kicked off! First, companies have largely completed the lion's share of their costoptimization and turned their attention to newer initiatives. We’ve already had ~20% of software companies report Q1.
When companies reported Q4 ‘23 quarters, sentiment started to emerge that software was “bouncing back.” Coming out of that, every company from the largest enterprise to the smallest startup started thinking very critically about costoptimizations. Costoptimizations were everywhere.
Subscribe now Cloud Giants Report Q4 ‘23 Two quotes from the Amazon and Microsoft earnings call really stood out to me this week. Similar to what we shared last quarter, we continue to see the diminishing impact of costoptimizations. Every week I’ll provide updates on the latest trends in cloud software companies.
Subscribe now Cloud Giants Report Q3 ‘23 Not a great signal for software this week from the Cloud Giants (AWS, Azure and Google Cloud)…After Q2 (3 months ago), the tone from the Cloud Giants around optimizations was largely: optimizations have started to ease, and net new workloads have picked up.
The 62 companies that I’ll discuss here (which is not an exhaustive list, but is still comprehensive) all reported quarterly earnings sometime between April 24th – June 10th. These charts clearly show the ZIRP pull forward, the ensuing cloud costoptimizations, and then the recovery.
.” And Adam Selipsky at Amazon said “many customers have completed their costoptimization, and we’re hopeful for increased growth. Most public companies don’t report net new ARR, so I’m taking an implied ARR metric (quarterly subscription revenue x 4).
The Accounting Team Responsibilities: Financial recording and reporting Compliance, Audits Accounts Payable/Accounts Receivable Tax, Treasury Your accounting team makes sure every financial transaction is recorded correctly and categorized. CostOptimization Identify and implement strategies to improve margins.
As a result of our reactive strategy, we are gifted with a backlog of costoptimization opportunities. Start out small and automate your reporting functionalities and basic cost checks. As you learn more about your costs, you can start to build more sophisticated automations. Prioritize by impact.
Subscribe now Cloud Giants Update “What we're seeing in the quarter is that those costoptimizations, while still going on, are moderating and many maybe behind us in some of our large customers. Most public companies don’t report net new ARR, so I’m taking an implied ARR metric (quarterly subscription revenue x 4).
Hyperscalers Report Quarterly Earnings This week we saw AWS (Amazon), GCP (Google) and Azure (Microsoft) report earnings. It’s always great that the hyper scalers report first, I’ll keep an eye on all of the upcoming reports to see what trends emerge. Quarterly Reports Summary Earning season is upon us!
It’s about empowering your organization with the precision to make informed decisions that directly impact your bottom line. Quantifying the Cost of Each Customer Segment: By tracking the time spent on onboarding, support, and ongoing engagement, you can accurately calculate the cost of serving each customer segment.
With just about every company now running on SaaS, managing software applications has evolved from simple license tracking to a complex orchestration of integrations, performance monitoring, security, and costoptimization. This helps eliminate unnecessary costs and streamline your technology stack.
7 Cloud CostOptimization Resource leverage (in the form of reusable software) is at the heart of the SaaS model. FinOps is a new discipline that defines best practices for closing gaps between feature implementation and the cost of services. Seems like a short list? Not so fast. They build on each other.
It requires essential and important entities to take cybersecurity measures and report incidents. These include: Risk Assessments Organizations must regularly conduct comprehensive risk assessments to identify and evaluate the potential threats and vulnerabilities to their information systems.
BetterCloud’s 2024 State of SaaSOps report found that for the first time ever, SaaS growth stalled – for the first time ever. In this mini-release, we want to delve into this eye opening finding from this year’s report ( coming July 9! ). The 2024 State of SaaSOps report validates this. The loudest directive?
Lets dive into how to navigate the complexities of SaaS vendor management, focusing on costoptimization and risk mitigation to benefit both your IT systems and your financial health. Even with good intentions in mind, sometimes company or personal information gets shared online. What is SaaS vendor management?
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content