Dave Vellante
Latest from Dave Vellante
BREAKING ANALYSIS
Cloudflare’s supercloud: This is what multicloud should have been
Over the past decade, Cloudflare Inc. has built a global network that has the potential to become the fourth U.S.-based hyperscale-class cloud. In our view, the company is building a durable revenue model with hooks into many important markets. These include the more mature distributed-denial-of-service protection segment, but also extend to growth sectors such as ...
BREAKING ANALYSIS
Even the cloud is not immune to the seesaw economy
Have you ever driven on the highway and traffic suddenly slows way down? And then after a little while it picks up again and you’re cruising along thinking: OK, that was weird, but it’s clear sailing now… only to find out in a bit that that traffic is building up again, forcing you to pump ...
BREAKING ANALYSIS
Survey says! Takeaways from the latest CIO spending data
The overall technology spending outlook is deteriorating. And yet there are positive signs making things unpredictable. The negative sentiment is, of course, being driven by macroeconomic factors and earnings forecasts that have been coming down all year while interest rates keep rising. Making matters worse is that many people think earnings estimates are still too ...
BREAKING ANALYSIS
Analyzing nuggets from Microsoft Ignite and Google Cloud Next
This past week, we saw two of the Big Three cloud providers present an update of their respective cloud visions, business progress, announcements and innovations. The content at these events had many overlapping themes, including modern cloud infrastructure at global scale, applying advanced machine intelligence, end-to-end data platforms, the future of work, automation and a ...
BREAKING ANALYSIS
Latest CIO survey shows steady deceleration in tech spending
Is the glass half full or half empty? Well, it depends on how you want to look at it. Chief information officers are tapping the brakes on spending, that’s clear. The latest macro survey from Enterprise Technology Research quantifies what we already know to be true, that information technology spend is decelerating. CIOs and IT ...
BREAKING ANALYSIS
As the tech tide recedes, all sectors feel the pinch
Virtually all tech companies have expressed caution on their respective earnings calls. And why not? The macroeconomic environment is full of uncertainties and there’s no upside to providing aggressive guidance when sellers punish even the slightest miss. Moreover, the spending data confirms the market is softening across the board, so it’s becoming expected that chief ...
BREAKING ANALYSIS
UiPath is a rocket ship resetting its course
Like a marathon runner pumped up on adrenaline, UiPath Inc. sprinted to the lead in what is surely going to be a long journey toward enabling the modern automated enterprise. In doing so, the company has established itself as a leader in enterprise automation, while at the same time getting out over its skis on ...
BREAKING ANALYSIS
How CrowdStrike plans to become a generational platform
In just over 10 years, CrowdStrike Holdings Inc. has become a leading independent security firm. It has more than $2 billion in annual recurring revenue, nearly 60% annual recurring revenue growth, a roughly $40 billion market capitalization, very high retention and a path to $5 billion in revenue by mid-decade. The company has joined Palo ...
BREAKING ANALYSIS
What private emerging tech companies don’t tell you about their business
The negative sentiment in tech stocks, caused by rising interest rates, less attractive discounted cash flow models and more tepid forward guidance, is easily measured by public market valuations. And while there’s lots of talk about the impact on private companies, their cash runways and 409A valuations, measuring the performance of nonpublic companies isn’t as ...
BREAKING ANALYSIS
What Black Hat 2022 reveals about securing the supercloud
Black Hat 2022 was held in Las Vegas last week, at the same time as theCUBE’s supercloud event. Unlike AWS re:Inforce, where words are carefully chosen to put a positive spin on security, Black Hat exposes all the warts of cybersecurity and openly discusses its hard truths. It’s a conference attended by technical experts who ...