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What's Hot in Enterprise IT/VC - Issue #100
this week’s news is all about automation/future of work - UIPath raises at $3 billion valuation, McKinsey survey on Automation projects in large enterprises, World Economic Forum study on the future of jobs and much debate on rising costs of Silicon Valley and alternatives like remote work/offices and other locations
2018 Expansion SaaS Benchmarks | OpenView
great to partner with @OpenViewVenture on 2018 Expansion SaaS Benchmarks report! Find out what does & doesn’t work when growing a SaaS co with key insights on pricing, product led growth, global expansion + more - “The 2018 Expansion SaaS Benchmarks is live featuring data from more than 400 companies on product led growth, pricing, diversity and more.”
Scaling Startups
Fireside Chat with Founder and CEO of Front, Mathilde Collin
Mathilde discusses how important it is to develop relationships with VCs before your next round of funding
Low burn rate, rapid progress: excellent!
High burn rate, rapid progress: ok
Low burn rate, slow progress: ok
High burn rate, slow progress: disaster, and now common because "we can always just raise more money"...
7:23 PM - 19 Sep 2018
VCs say Silicon Valley isn’t the gold mine it used to be – TechCrunch
too expensive to live, hard to scale, companies are starting to build remote teams elsewhere
Why New York City is giving Silicon Valley a serious run for its money | Salon.com
NYC is both leading and competing with SV in key sectors, including AI, advanced manufacturing, cyber security
Enterprise Tech
The imperative to automate business processes | McKinsey
McKinsey survey - more successful enterprise deployments have cognitive-based or ML based automation, also decentralized or BU deployments important
Future of Jobs 2018 - Reports - World Economic Forum
by 2025, half of all “work tasks” will be done by machines. That’s up from 29% today and will lead to the displacement or loss of up to 75 million jobs by 2022. That sounds like a lot, sure. But in that same period—just four years into the future—the study says that up to 130 million more human jobs will be created..more here on Fortune article
Einstein Voice gives Salesforce users gift of gab – TechCrunch
Voice is finally coming to enterprise - query and input data via voice for Salesforce, take notes, log, etc - this has been tried before and will be interesting to see take rate as it is fully native i Salesforce
Machine learning — Is the emperor wearing clothes? – Hacker Noon
a simple walkthrough on the core concepts behind machine learning
Gitlab, tech's newest unicorn, has no offices — Quartz at Work
Remote work is reaching unprecedented levels of popularity.
Markets
UiPath lands $225M Series C on $3 billion valuation as robotic process automation soars – TechCrunch
one of fastest growing enterprise companies of all time and of course in the RPA sapce
Adobe gets its company, snaring Marketo for $4.75 billion – TechCrunch
Adobe coming for Salesforce marketing cloud, huge win for Vista Equity which bought out Marketo at $1.8b just two years ago
By Ed Sim
Ed Sim's weekly readings and notes on VC, software, and scaling startups - #enterprise #seed #DeveloperFirst #IntelligentAutomation #DataInfra #CloudNative #Cybersecurity
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