What's Hot in Enterprise IT/VC - Issue #38

all about corporate IT Budgets, Gartner seeing continued growth in enterprise software spend (remember no digital transformation without infrastructure spend) and lines of business are using tech to drive revenue, not just cost cutting; other news include decentralized biometrics from portfolio co Hypr and new investment in Sendence, infrastructure to build real-time streaming apps where founder built high-speed trading platform at BofA Merrill Lynch

Scaling Startups

How we de-risked our SaaS pricing strategy – Front – Medium

great read on how Front updates its pricing strategy - “Countless philosophies flood the web on how to price your product (just see here, here, and here). More than 500 pricing products and services are offered in the tech space. All of this points to the…”

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Enterprise Tech

Tech Spending Goals Shift from Cost Cutting to Making Money - CIO Journal. - WSJ

lines of business have bigger budgets, higher sense of urgency and get IT to move faster

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Digital Business, Software Drive IT Spending Growth - CIO Journal. - WSJ

no surprise here - enterprise software driving most of spend and growth


“Global spending on information technology is expected to reach $3.5 trillion this year, up 2.4% from 2016, fueled in part by the rise of new cloud-enabled digital platforms such as the Internet of Things and smart machines, Gartner says.”

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How Data Science Helps Power Worldwide Delivery of Netflix Content

how Netflix uses data science to optimize speed and delivery of content

“Have you ever wondered where your video comes from when you watch Netflix? We serve video streams out of our own content delivery network (CDN), called Open Connect, which is tailored to one specific…”

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Markets

Tech Stocks Boom, but Some Stock Pickers Are Wary - The New York Times

food for thought - are ETFs driving up stocks through algos?

“The explosion in low-cost, index-tracking E.T.F.s and soaring technology stocks is generating existential angst among portfolio managers working in traditional mutual fund companies.”

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boldstart

Why Your Phone Will Be the Key to ATMs of the Future - WSJ

decentralization of identity data is key and HYPR (portfolio co) leading the way

“Instead of keeping a library of customers’ biometric data—a juicy target for hackers—to allow access to automated teller machines, big banks are trying a different tack: relying on customers to store and safeguard the information themselves, via their own smartphones.”

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Sendence closes $1.5m seed round to simplify deployment of real-time applications | TechCrunch

as data is everywhere, real time applications growing in use case - Sendence bringing real time from high speed trading world to every other industry (new investment)

Sendence, a new startup based in New York City, announced a $1.5 million seed round today. The company is working on a platform for simplifying deployment of..

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The high cost of free: on serverless, convenience and security vulnerabilities – James Governor's Monkchips

great talk by Guy Podjarny of Snyk - “With serverless there is zero cost to deploying functions, so you deploy everything. Say a cron job. That is awesome, but also false from a security perspective. i am most concerned about this explosion of attack surface.Make sure you know what is disposable, and dispose of it.”

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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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