burger menu
State of the Cloud 2019

State of the Cloud 2019

    Add to bookmarks

How to build a resilient business with G.R.I.T.

SUMMARY

Online report about the state of the cloud which recommends cloud founders operate on G.R.I.T.— a series of metrics that enduring cloud companies use to measure success.

The so-called annualized recurring revenue (ARR) growth is the first operational metric mentioned in the study. Enduring cloud companies, the paper says, have contingency plans for recession times but previously establish growth goals and find out how to reach them based on the expectation that the market will experience changes over time.

The available cash cloud founders have - also known as “runway” -  is essential to early-state cloud pioneers. Without cash, it would not be possible to build the company's product, gain new customers, recruit staff, and invest in growth opportunities. At the same time, cloud founders must be always cautious with how they spend their funds to boost growth. The report notes that Bessemer designed a way to measure smart spending by coining the Bessemer Efficiency Score.

This online paper also mentions a series of predictions for 2019. They consider robots as "the change agents of the world". Machine learning and AI will be key technologies for service cloud founders and specifically relevant to sectors that dmanage massive amounts of data - such as the healthcare and agriculture sector. Another prediction is related to the rapid progress of mobile development in vertical sectors - such as construction, HVAC, etc.

OUTLINE

Growth (ARR)

Retention is your best friend

Targeted spend

How to calculate your score

30,000-ft view of The Cloud

2019 predictions

DETAILS

Overview

Researchfinder Rating
4 out of 5 stars
Title
State of the Cloud 2019
Sub-Title
How to build a resilient business with G.R.I.T.
Region
Global
Published
Feb. 5, 2019
Publisher
Bessemer Venture Partner
Author(s)
Byron Deeter, Kristina Shen, And Anna Khan
Price
FREE
Language
ENGLISH

Content

Number of Pages
39
Number of Tables
0
Number of Exhibits
13
Topics
cloud
Tags
AI, Bessemer Venture Partner, cloud applications, cloud computing, global, machine learning, mobile, robotics, SaaS
Companies mentioned
IBM, Microsoft, Shopify, Twilio, DocuSign, DropBox, Elastic, Carbonblack, Slack
Author(s)
Byron Deeter, Kristina Shen, And Anna Khan
Methodology
Not available.
EVALUATION

Online useful report about the state of the cloud and recommendations for cloud founders on how to operate on G.R.I.T.

Positives:

  • Understandable language
  • Great 2019 predictions about the cloud
  • Includes a video with VPN Partners

 

Similiar Reports

Internet Trends 2019

FREE

Internet of Things

FREE

IIoT platforms

FREE