Dave Vellante
Latest from Dave Vellante
BREAKING ANALYSIS
How Snowflake plans to change a flawed data warehouse model
Snowflake Inc. will not grow into its heady valuation by simply stealing share from the on-premises data warehouse providers. Even if it got 100% of the data warehouse business, it wouldn’t come close to justifying its market cap. Instead, Snowflake must create an entirely new market based on completely changing the way organizations think about ...
BREAKING ANALYSIS
Despite softer tech spending, cloud revenue accelerates in the COVID era
As we watch a historic election unfold before our eyes, we look back at the early days of this millennium and the memorable presidential race of 2000. That decade was defined by 9/11, which permanently reshaped our thinking. We exited the 2000s at the tail end of a massive financial crisis only to enter the ...
BREAKING ANALYSIS
Analysis: In an epic pivot to the cloud, Microsoft makes Azure the linchpin of its future
Microsoft Corp.’s Azure cloud computing service is the linchpin of the tech giant’s innovation strategy. As we reported last week, we believe that in the next decade, changes in public policy will restrict the way in which big internet companies are able to appropriate user data. Big tech came under fire again this week with the chief ...
BREAKING ANALYSIS
Google’s antitrust play: Get your head out of your ads – and double down on cloud and edge
Earlier this week, the U.S. Department of Justice, along with attorneys general from 11 states, filed a long-expected antitrust lawsuit accusing Google LLC of being a monopoly gatekeeper for the internet. Of course Google will fight the lawsuit, but in our view, the company must make bigger moves to diversify its business — and the ...
BREAKING ANALYSIS
The new abnormal: CIOs report a cautious outlook for Q4 tech spending
As we reported in our last update, tech spending overall continues to be significantly muted relative to 2019. We currently project a 4% to 5% decline in 2020 spending and a tepid 2% increase in 2021. Nonetheless, there continue to be bright spots in some sectors and for vendors in an overall challenging market. In ...
BREAKING ANALYSIS
As CIOs report slow thawing of tech spending freezes, expect 2% growth in 2021
In the most recent September Enterprise Technology Research spending survey, chief information officers expect a slight sequential improvement in fourth-quarter spending relative to the third quarter – but still down 4% from a year ago. So the picture is still not pretty but not bleak either. Firms are adjusting to the “new abnormal” and are taking positive ...
BREAKING ANALYSIS
Application performance management leaps from tribal knowledge to digital dashboard
Application performance management has been around since the days of the mainframe, and as systems architectures became more complex, APM evolved to accommodate client-server, web-tier architectures, mobile and now cloud-based systems. But the $5 billion market now faces big changes, with new entrants battling established suppliers, all thanks to the rapid rise of cloud computing ...
BREAKING ANALYSIS
After its blockbuster IPO, what’s next for Snowflake?
Snowflake Inc.’s initial public offering last week has eyes popping and the industry buzzing. We’ve had several dozen inbound public relations from firms trying to offer perspectives on the IPO of the data warehouse juggernaut so they can pitch us on their product. People are pumped up… and why not? An event like this doesn’t ...
BREAKING ANALYSIS
Market recoil leaves tech investors at a fork in the road
The steepest drop in the stock market since June 11 flipped the narrative and sent investors scrambling this week. Tech got hammered after a two-month run and people are asking questions: Is this a bubble popping or a healthy correction? Are we now going to see a rotation into traditional stocks like banks and certain cyclicals ...
BREAKING ANALYSIS
In enterprise software, the battle between stability and disruption intensifies
Enterprise software markets are dominated by megacap companies such as SAP SE, Oracle Corp., Salesforce.com Inc. and Microsoft Corp. Meanwhile, software-as-a-service leaders such as ServiceNow Inc. and Workday Inc. have solidified their market positions by replicating the Salesforce model in their respective domains. There is still room for innovative upstarts that are introducing new cloud ...