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What's Hot in Enterprise IT/VC - Issue #33
enterprise tech continues to be on fire; okta beating earnings and every company becoming a tech company as evidenced by JP Morgan article; also huge congrats to portfolio co yhat which sold to Alteryx this week!
Great article on balancing agile and maintaining process - “Flatiron Health’s CMO and SVP Product Strategy Ogi Kavazovic explains how traditional PM practices break down at B2B companies, and what they can do instead.”
sample metrics that helped startups raise capital
Every company is a tech company - JPMorgan shaking things up, solid read - “meet David Hudson, tasked with building innovation inside the bank to protect it from outside threats. His title might as well be chief disruption officer”
I still think blockchain on Wall Street is in super early days; lots of pilots but not much in production - “Wall Street is convinced that blockchain is set to radically transform the world of finance.”
the new HPE building a product to compete with Splunk, also focus on hybrid cloud deployments and software
Workday for all intents and purposes is a large enterprise software company selling huge deals and just happens to be a SaaS delivery
enterprise cos still killing it, nailing the first two quarters of earnings out of gate super important - “Okta reported its first quarterly results since going public in April. The company managed to surpass investors’ expectations and went up 5 percent in initial..
security market continuing to grow yet larger cos struggling to keep up - “Long-established security vendors, which were born and thrived under a much different cybersecurity landscape than today’s climate are struggling to modernize and add online protection services to their traditional products.”
Alteryx acquires boldstart portfolio co, yhat! - congrats to the team and sounds like a winning combination - “Alteryx is also announcing its acquisition of Yhat, a startup specializing in data science development, management, and deployment.”
By Ed Sim
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