State of the Cloud 2017
Bessemer Venture Partners' is proud to share The State of the Cloud for 2017.
As the definitive guide to the biggest trends in the cloud industry, this year’s “State of the Cloud Report” includes:
1. A Look Back at 2016
- 2016 was a marquee year for a number of reasons. First, we all remember the rocky start in February where the Cloud Market dropped 35%
- Subsequently, rebounded back to normal levels and ended the year up +15%
- The dip in the market had two main outcomes: First, it led to unprecedented amounts of M&A (4x more than any other year and 40% of the total cloud market cap of $300B) – and second, it led to the fewest number of cloud tech IPOs since the financial crisis.
- A combination of these factors has led to the highest quality backlog of private cloud companies in history. The top 100 private Cloud companies alone represent over $100B of private enterprise value.
2. We provide a deeper look into the three top questions every private cloud CEO should be discussing with his/her executive team.
- How fast should I be growing?
- How much should I burn?
- How do I scale?
3. Bessemer’s 7 Predictions for 2017
- The year of human assisted AI
- APIs will serve as the backbone for a majority of software infrastructure
- Architect for infinite scale without infinite spend
- Mobile unlocks non-desk worker productivity
- NPS everything
- Diverse teams win
- The screenless software movement
Here’s a look at the 2016 State of Cloud for your reference.
Business Development
8 年"Human assisted AI?" Sounds like a continuum that will get better and better - less human intervention and human correction ... True AI will be difficult to achieve.
Founding Partner @NatureX Studio, #NatureTech Investor #GeoAI
8 年One of the best talks at SaaStr this year Byron Deeter!
24 years in B2B SaaS GTM at Salesforce, Eloqua, HubSpot, Marketo. Category Creation. Thought Partner. Advisor. Customer Obsessed. Partner Obsessed. LinkedIn Member #320,966
8 年Food for thought Tim Burke and Joe Catalfamo. I know how you both love metrics.
Partner at Betterfy.io
8 年This is really helpful and insightful- Thanks so much for sharing and I heard you did a great job presenting it last week.